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

The Securities Exchange Board of India (SEBI) has released the official notification for the post of Assistant Manager in various streams. The starting basic salary for an officer is Rs 44,500 per month, with annual increments. Candidates who are interested in joining SEBI can check the SEBI Grade A Salary structure here which consists of the SEBI Grade A Pay scale, basic pay and allowances as sanctioned by the Board. Read below for a detailed SEBI Grade A 2024 Salary structure.

SEBI Grade A Salary 2024

As the SEBI Grade A Notification 2024 has been published for the Assistant Manager post, the candidates interested in the posts must be looking for SEBI Grade A Salary & pay scale. The candidates will be selected as Grade A after a certain selection process which is set for all the candidates. The SEBI Grade A post is a sought-after job in the current phase and those who get selected will get a monthly salary of ₹1,49,500/- p.m. without accommodation and ₹1,11,000/- p.m. with accommodation. It is important to have a glance at the salary structure, pay scale, and job profile of the SEBI Grade A Manager. Read further to know more about the SEBI Grade A Salary 2024.

SEBI Grade A 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 Salary Pay Scale 2024

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

The SEBI Grade A Salary in hand consists of the Basic Pay and allowances as mentioned in the table given below.  The minimum salary at this level is approximately ₹1,49,500 per month without housing and approximately ₹1,11,000 per month with housing included. Housing will be offered based on availability. The person hired may be assigned to different locations across India where SEBI operates. Additionally, recruited officers may 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.
Important Links Related To SEBI Grade A 2024 
SEBI Grade A Salary SEBI Grade A Syllabus
SEBI Grade A Online Coaching 2024 SEBI Grade A Study Material
SEBI Grade A Result SEBI Grade A Exam Date 2024
SEBI Grade A Admit Card 2024

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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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