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SIDBI Grade A Salary 2024
The SIDBI Grade A Salary 2024 is one of the major motivations for the applicants aspiring to work as Assistant Managers at the Small Industries and Development Bank of India. The candidates who are selected as Grade A (Assistant Manager) complete the selection process and will be eligible to enjoy the salary and benefits. The SIDBI Grade A Assistant Manager Salary has been revised recently with the release of the new notification. The net salary for the Assistant Manager post can be up to Rs 1,00,000. Candidates must go through the article below to have a better understanding of the SIDBI Grade A Salary 2024, Job Profile, Perks, Allowances, etc.
SIDBI Grade A Salary Structure 2024
The detailed salary structure for the SIDBI Assistant Manager with an initial basic pay of Rs. 44,500/- has been discussed below. The candidates who have been looking forward to the opportunity of SIDBI Grade A Recruitment 2024 must have a look at the SIDBI Grade A Salary Structure 2024 which covers the details of the basic pay, pay scale, increment, and other components of the salary.
| SIDBI Grade A Salary Structure 2024 | |
| Basic Pay | Rs. 44500/- |
| Pay Scale | Rs. 44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years) |
| Increment | 4 stagnation increments |
| Grade Allowance | Rs. 6250/- |
| Dearness Allowance | Rs. 23196.32/- |
| Local Allowance | Rs. 4005/- |
| House Rent Allowance | 10% of pay |
| Special Perquisite Allowance | Rs. 7,383/- |
| Learning Allowance | Rs. 600/- |
| Deduction | Rs. 18,112/- |
| Net Salary | Rs. 1,00,000/- |
SIDBI Grade A Salary After 4 Years
The pay scale for the SIDBI Assistant Manager post is Rs. 44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years), this means the starting salary of the SIDBI Grade A AM is Rs. 44500 and after 17 years the basic pay after all increments will be Rs. 89150. Along with this basic salary, there are other increments and benefits to which candidates are subjected. Check the details of the SIDBI Grade A Salary Increment in the table below.
| Duration | Basic Pay | Grade Pay |
| First 4 Years | Rs. 44500/- | Rs. 2500/- |
| Next 7 years | Rs. 54500/- | Rs. 2850/- |
| Next 4 Years | Rs. 74450/- | Rs. 2850/- |
| Next 1 Year | Rs. 85850/- | Rs. 3300/- |
| Next 17 Years | Rs. 89150/- |
SIDBI Grade A Salary 2024 Perks and Allowances
Apart from the basic pay scale, the salary of SIDBI Grade A will include other allowances in their salary structure as well, such as:
- Dearness Allowance
- House Rent Allowance
- Traveling Allowance
- Children Education Allowance
- Medical Facilities
- Refreshment Allowance
- Leave Travel Allowance
- Subsistence Allowance
- TA on Retiring
- TA on Transfer
SIDBI Grade A Salary 2024 Job Profile
Once the candidate is appointed as SIDBI Grade A they have to perform certain duties/jobs. There are various responsibilities that a SIDBI Grade A has to carry out. SIDBI Grade A works in the revenue department of the state. We have discussed below the job profile of SIDBI Grade A.
- Maintaining land records
- maintaining the records of sharecroppers and other land transfers conducted between various parties.
- No purchase or sale of land can take place without the presence of the Patwari
- Looking after the concerns of the villagers
- Assisting senior officers in various duties
- Implementing government schemes
SIDBI Grade A 2024 Career Growth
Grade A Officer (Assistant Manager) is the entry-level officer post in the SIDBI. The employees selected as Assistant Managers can grow to various posts depending on their experience and performance. Check the promotion cycle as depicted below-
| Designation Name | Pay Scale |
| Grade A Officer | 44500 – 2500(4) – 54500 – 2850(7) – 74450 -EB – 2850(4) – 85850 – 3300(1) – 89150 (17 years) |
| Grade B Officer | 35150 – 1750(9) – 50900 – EB – 1750(2) – 54400 – 2000(4) – 62400 (16 years) |
| Private Secretary in Grade B | 35150 – 1750(9) – 50900 – EB – 1750(2) -54400 – 2000(4) – 62400 – EB 1200(1) – 63600 -2150(4) – 72200 (21 years) |
| Grade C Officer | 49000 – 1750(3) – 54250 – 1900(2) – 58050 -2000(4) – 66050 – EB – 2000(2) – 70050 – 2150(1) – 72200 (13 years) |
| Grade D Officer | 68500 – 2150(2) – 72800 – 2250(6) – 86300(9 years) |
| Grade E Officer | 72800 – 2250(1) – 75050 – 2400(2) – 79850 – 2500(3) – 87350-3000(5) – 102350 (12 years) |
| Grade F Officer | 101900 – 3000(4) – 113900 (5 years) |
| Executive Director | 120500 – 3500(2) – 127500 (3 years) |
| Important Link Related to SIDBI Grade A | |
| SIDBI Grade A Syllabus | SIDBI Grade A Previous Year Paper |
| SIDBI Grade A Recruitment 2025 | SIDBI Grade A Salary 2025 |
| SIDBI Grade A B Result 2025 | SIDBI Grade A and Admit Card 2025 |
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