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SEBI Grade A Salary 2023, Revised Pay Scale, Salary Structure, Perks and Allowances

SEBI Grade A Salary 2023

SEBI Grade A Salary 2023 is now out with the official notification for SEBI Grade A 2023 for the legal stream. There are 25 vacancies for Assistant Managers in SEBI.  The details on salary and job profile can be one of the motivating factors for candidates aspiring for SEBI Grade A 2023.  The salary structure for Grade A officers in SEBI is ₹ 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years). Here in this article, we have given all the details on SEBI Grade A Salary 2023.

SEBI Grade A Salary

SEBI Assistant Manager Salary, Perks, and Allowances should be known to all aspiring candidates. After the final selection as Officers in Grade A(Legal Stream), aspirants will have to undergo a Probation Period for 2 years. According to their performance in probation, candidates will get a confirmation to impart their service in SEBI. The given post comprises the SEBI Grade A Salary 2023 in a detailed manner.

SEBI Grade A Notification 2023

SEBI Grade A Salary Overview

An overview of SEBI Grade A Salary 2023 comprising the important points is discussed in the given table.

SEBI Grade A Salary 2023  Overview
Organization Securities And Exchange Board of India
Exam Name SEBI Grade A
Post Grade A (Assistant Manager)
Vacancy 25
Category Salary
Language Of Exam English
SEBI Grade A Basic Pay Rs. 44500
Selection Process Phase I, Phase II, and Interview
Application Mode Online
Official Website
SEBI Grade A 2023 Salary Check This Post in Hindi

SEBI Grade A Salary 2023

The Gross Emolument of a SEBI Grade A (Assistant Manager) Legal Stream 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 2023

The complete SEBI Grade A Salary Structure 2023 is given below in the following table.

SEBI Grade A Salary Structure 2023
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.

SEBI Grade A Salary 2023 Pay Scale

Along with the Notification PDF, SEBI Salary 2023 has specified the Pay Scale for Officer Grade A (Assistant Manager)-Legal Stream which has been provided in the below table.

SEBI Grade A Salary Pay Scale 2023
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 2023 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.

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SEBI Grade A Salary 2023 Job Profile

Candidates interested for the SEBI Grade A Notification 2023 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 legal framework and standards.

SEBI Grade A Salary 2023 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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