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SEBI Grade A Salary 2024 In Hand Salary, Pay Scale and Job Profile, Check Free

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SEBI Grade A Salary 2024

As the SEBI Grade A Notification 2024 has been published for the Assistant Manager post, candidates interested in the posts must look for the SEBI Grade A salary and pay scale. Candidates will be selected as Grade A after a certain selection process which is prescribed for all candidates.

The SEBI Grade A post is a sought-after job in the current stage and those who get selected will get a salary of ₹1,49,500/- per month without accommodation and ₹1,11,000/- per month with accommodation. It is important to have a look at the salary structure, pay scale, and job profile of SEBI Grade A Manager. Read on to know more about SEBI Grade A salary 2024.

SEBI Grade A Salary

SEBI Grade A Salary 2024 In Hand Salary Check out the SEBI Grade A Salary overview here. The detailed SEBI Grade A Salary Structure is given below.

SEBI Grade A Salary 2024
Organization Securities And Exchange Board of India
Exam Name SEBI Grade A Recruitment 2024
Post Officer Grade A (Assistant Manager)
SEBI Grade A 2024 Vacancy 97
SEBI Grade A Selection Process Phase I, Phase II, and Interview
SEBI Grade A Salary Rs. 1,49,500/- per month Gross Salary
SEBI Grade A Pay Scale (Revised) 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years)
Official Website www.sebi.gov.in

SEBI Grade A Notification 2024

Securities Exchange Board of India (SEBI) is the regulatory body of the financial/stock market of India and every year the board comes up with various vacancies in various streams. To fill these vacancies, SEBI releases the official notification to alert the eligible candidates about the recruitment cycle. Candidates can check the below link to download SEBI Grade A Notification 2024 and read it thoroughly.

SEBI Grade A Notification 2024 PDF- Click To Download

SEBI Grade A Salary Pay Scale 2024

SEBI Grade A Salary 2024 In Hand Salary The candidates interested in the SEBI Grade A 2024 must note the benefits of this job and prepare for the same using all their best efforts. The candidates can have a look at the table below for SEBI Grade A Net Pay or the in-hand salary distribution. The salary structure has been tabulated below.

SEBI Grade A Salary Structure

SEBI Grade A Salary 2024 In Hand Salary SEBI Grade A salary consists of basic pay and allowances as mentioned in the table below. The minimum salary at this level is around ₹1,49,500 per month without accommodation and around ₹1,11,000 per month including accommodation. Accommodation will be provided based on availability. The appointee may be posted at different locations across India where SEBI operates. Additionally, recruited officers can be placed in any department of SEBI regardless of their specialization.

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 2024– Benefits/Perks & Allowances

Apart from the basic pay scale,  the salary of SEBI Grade A will include other allowances in their salary structure as well, such as: –

  1. National Pension Scheme (NPS),
  2. Grade Allowance,
  3. Special Allowance,
  4. Dearness Allowance,
  5. Family Allowance,
  6. Local Allowance, Learning
  7. Allowance, Special Grade Allowance, etc.

Other Benefits Provided By SEBI

  1. Leave Fare Concession,
  2. Medical Expenses,
  3. Eye Refraction,
  4. Education Allowance,
  5. Financial Dailies,
  6. Book Grant,
  7. Briefcase,
  8. Conveyance Expenses,
  9. House Cleaning Allowance,
  10. Staff Furnishing Scheme,
  11. Scheme for Purchasing Computers,
  12. Subsidized Lunch Facility and all other benefits as admissible to an Officer in Grade A in SEBI.

SEBI Grade A Salary 2024 – Career Growth

  1. Assistant Manager (Grade A)
  2. Manager (Grade B)
  3. Assistant General Manager ( Grade C)
  4. General manager ( Grade E)
  5. Chief General Manager (Grade F)
  6. Executive Directors

SEBI Grade A Job Profile 2024

  1. The SEBI Grade A employees are responsible for managing legal issues related to the legal framework of SEBI.
  2. As SEBI Grade A Officers, they need to solve all the issues regarding the market securities, Indices, commodities, etc.
  3. Responsible for the regulation of venture capital funds, collective investment schemes, foreign venture capital investors, mutual funds, etc
  4. Responsible for performing multiple tasks in the IT Department.
  5. As SEBI Grade A Assistant Managers, they need to handle the acquisition and mergers of the organization and also take care of issues about the legal framework and the organization.

FAQs

Q1. What is the basic pay for SEBI Grade A Posts?

Ans. The basic pay for SEBI Grade B Post is Rs. 44,500/-.

Q2. Are there any growth opportunities for SEBI Grade A?

Ans. Yes, there are growth opportunities and some of them are mentioned in the article above.

Q3. Is SEBI Grade A permanent job?

Ans. The Candidates Selected for Grade A Officer will be on probation for a period of 2 years from the date of joining.

Q4. What is the highest salary of a SEBI Grade A?

Ans. As per the revised SEBI Grade A salary structure, the highest basic pay of the officer would be Rs. 89150 after 17 years of service.

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