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SEBI Grade A Salary 2024, Revised Pay Scale, Salary Structure, Perks & Allowances

SEBI Grade A Salary 2024

The SEBI Grade A Salary 2024 has been set by the Securities and Exchange Board of India for the Grade A (Assistant Manager) post. Candidates who wish to apply for the 97 positions listed in the SEBI Grade A Notification 2024 should be aware of the job overview, chances to advance their careers, and compensation scale. The Grade A Officer pay scale is ₹ 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years), as stated in the PDF. Candidates can find the necessary information about SEBI Grade A Salary 2024 by scroll down the provided post.

SEBI Grade A Salary

All interested applicants should be aware of the salary, benefits, and allowances for SEBI Assistant Managers. Upon final selection as Grade A (Assistant Manager) officers, candidates will be required to serve a two-year probationary period. Candidates will receive confirmation to begin their service with SEBI based on how well they performed during their probation. The SEBI Grade A Salary 2024 is included in the post in detail.

SEBI Grade A Notification 2024- Click Here

SEBI Grade A Salary: Overview

An overview of SEBI Grade A Salary 2024 comprising the important points is discussed in the given table. This includes the summary of overall recruitment in one table.

SEBI Grade A Salary 2024:  Overview
Organization Securities And Exchange Board of India
Exam Name SEBI Grade A
Post Grade A (Assistant Manager)
Vacancy 97
Category Salary
SEBI Grade A Basic Pay Rs. 44500
Pay Scale ₹ 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years)
Official Website @www.sebi.gov.in
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SEBI Grade A Salary 2024

The Gross Emolument of a SEBI Grade A (Assistant Manager) including basic pay, perks & allowances, and their Contribution towards the National Pension Scheme (NPS) at Mumbai is ₹1,49,500/- per month without accommodation and ₹1,11,000/- per month with accommodation.

SEBI Grade A Salary Structure 2024

The complete SEBI Grade A Salary Structure 2024 is given below in the following table. This includes Increment, Special Pay, Dearness Allowance, Special Allowance, Family Allowance, etc.

SEBI Grade A Salary Structure 2024
Description Amount
Basic Pay Rs. 44,500/-
Pay Scale 44500-2500 (4)-54500-2850 (7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years)
Increment 4 stagnation increments
Special Pay Rs. 3300 (after completion of 1 year)
Dearness Allowance 30.38% of basic pay
Special Allowance 16.4% of basic pay (minimum- Rs. 11,000)
Family Allowance Rs. 2850
City Compensatory 5% of basic pay (maximum- Rs. 2500)
Local Allowance Rs. 3450
Learning Allowance Rs. 2500
PFA Rs. 3850
Grade Allowance 14% of basic pay (minimum- Rs. 10,400)
Special Compensatory Allowance Rs. 500- Rs. 625 per month.

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SEBI Grade A Salary: Revised Pay Scale

Along with the Notification PDF, SEBI Salary 2024 has specified the Pay Scale for Officer Grade A (Assistant Manager) which has been provided in the below table.

SEBI Grade A Salary Pay Scale 2024
Pay Scale 28150-1550(4)- 34350- 1750(7)- 46600- EB- 1750(4)- 53600- 2000(1)- 55600(17 Years)
Revised Pay Scale 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150(17 Years)

SEBI Grade A Salary 2024: Perks and Allowances

Along with basic pay candidates appointed for the post of Assistant Manager are benefitted with the following perks and allowances.

  • Grade Allowance
  • Special Allowance
  • Dearness Allowance
  • Family Allowance
  • Local Allowance
  • Learning Allowance
  • Special Grade Allowance
  • Special Compensatory Allowance

An Officer in Grade A in SEBI enjoys various benefits other than the perks and allowances which are as follows: Leave Fare Concession, Medical Expenses, Eye Refraction, Education Allowance, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers, Subsidized Lunch Facility, etc. Residential Accommodations are also provided to the Assistant Managers subject to availability.

SEBI Grade A Job Profile

Candidates interested for the SEBI Grade A Notification 2024 should also be familiar with the responsibilities that they have to perform after final selection. SEBI Grade A(Assistant Manager) Job Profile comprises the following duties.

  • Conduct investigations pertaining to all sectors of the securities market, encompassing commodity derivative markets, and addressing all forms of violations within the securities market.
  • Responsible for regulating Foreign Institutional Investors, Portfolio Managers, and Custodians.
  • Involved in the issuance and listing of securities, which encompasses establishing criteria for initial listing as well as ongoing listing requirements.
  • Entrusted with the enforcement of the SEBI framework and standards.

SEBI Grade A Career Growth

Aspirants have ample opportunity to boost their career in SEBI after being appointed as Officer Grade A(Assistant Manager). The hierarchy of SEBI Grade A Career Growth is discussed below.

  • Assistant Manager
  • Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Executive Director

 

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Related Posts to SEBI Grade A Salary
SEBI Grade A Syllabus 2024 SEBI Grade A Notification 2024

 

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FAQs

What is the SEBI Grade A Salary?

SEBI Grade A Salary of candidates in Mumbai is ₹1,49,500/- per month without accomodation and ₹1,11,000/- per month with accommodation.

Where can I check the SEBI Grade A Salary 2024 in detail?

SEBI Grade A Salary 2024 has been discussed in the post above.

Are perks and allowances included in SEBI Grade A Salary 2024?

Yes, perks and allowances are included in SEBI Grade A Salary 2024.

What is the Job Profile of SEBI Assistant Manager?

The Job Profile of SEBI Assistant Manager has been mentioned in the given article.

What are the benefits comprised in the SEBI Grade A Salary 2024?

The benefits comprised in the SEBI Grade A Salary 2024 are Leave Fare Concession, Medical Expenses, Eye Refraction, Education Allowance, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers, Subsidized Lunch Facility, etc.