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SEBI Grade A Salary 2024, Revised Pay Scale, Job Profile & Allowances

SEBI Grade A Salary 2024 for the post of Assistant Manager is provided here. Check out the SEBI Grade A Salary in Hand, Monthly Salary, Allowances, Job Profile, Career Growth, etc.
authorImagePriyanka Dahima12 Jun, 2024
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SEBI Grade A Salary 2024

SEBI Grade A Salary 2024: Several banking aspirants are interested in applying for SEBI Grade A posts under Securities and Exchange Board of India (SEBI) because of the lucrative SEBI Grade A Salary. Anyone who works as an Assistant Manager gets a handsome salary and is entitled to various perks and benefits that come along with the SEBI Grade A salary.

The Securities and Exchange Board of India has released a revised SEBI salary scale notification for various posts. As per the new pay structure, the original pay scale of Grade A officers of SEBI has been revised to Rs. 44,500/- which was earlier Rs. 25,150/-. Candidates who are applying or intending to apply for SEBI Grade A Recruitment 2024 must be aware of the Revised Pay Scale and other SEBI Grade A Salaries 2024. In this article we have provided complete information about Revised SEBI. Grade A Salary 2024 including Daily Allowance, HRA, Traveling Allowance and other benefits.

SEBI Grade A Salary 2024

Thorough knowledge about SEBI Grade A is very important as it not only creates doubts and confusion but also encourages and will give you the boost you need to crack the SEBI Class A exam. SEBI Grade A Salary plays an important role and is equally important along with other details and information. SEBI Grade A Salary, Job Profile, Promotion and Career Development are all important aspects to keep in mind while preparing for SEBI Grade A Exam.
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)
Selection Process Phase I, Phase II, and Interview
SEBI Grade A Gross Salary Rs 1,54,000 to Rs 1,60,000
SEBI Grade A Pay Scale (Revised) 44500-2500(4)54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150(17 years)
Official Website SEBI

SEBI Grade A Salary 2024

  1. In the first year, the basic salary of a SEBI Grade A officer is ₹44,500.
  2. These are annual increments of ₹42,500.
  3. So after five years, your basic salary will be ₹54,500.
  4. 6th to 12th . for service (7 years) your basic pay will be enhanced by ₹2850 per year.
  5. So at the end of 12th year of service your basic pay will be ₹74450.
  6. EB stands for Efficiency Bonus.
  7. The next 4 annual increments are ₹ 2,850. Hence the basic pay will be reduced to ₹ 85,850.
  8. Your next annual increase in basic pay will be ₹ 3,300. This means the basic salary would be ₹ 89,150 at the end of 17 years.
SEBI Grade A Salary Structure 2024
Particulars Salary Structure
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 the 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 Perks and Allowances

To get selected for the SEBI Grade A post, you get some additional advantages on top of your salary. These are called perks and allowances. Allowances include:
  1. Dearness Allowance
  2. Family Allowance
  3. Local Allowance,
  4. Special Allowance
  5. Grade Allowance
  6. Personal Fixed Allowance
  7. Special Compensatory Allowance
  8. City Compensatory Allowance
  9. Learning Allowance
  10. Housing Rent Allowance
Apart from allowances and allowances, an officer in the grade of SEBI has various other benefits which are: Travel, Medical Expenses, Breakage, Study Allowance, Financial Diaries, Book Allowance, Briefcase, Transport Charges, House Cleaning Allowance, Staff Furnishing Scheme, Computer. Purchase Plan, Subsidized Lunch Service etc. The deputy director will also be offered accommodation if there are vacancies. Perquisites (additional benefits) include:
  1. Leave Fare Concession
  2. Medical Expenses
  3. Eye Refraction
  4. Conveyance Expenses
  5. Education Allowance
  6. Scheme for Purchasing Computers
  7. Financial Dailies
  8. Staff Furnishing Scheme
  9. Subsidized Lunch Facility, etc

SEBI Grade A  Salary Slip

An employee's salary or wages is a very important document that proves your work. In any transaction that depends on money, the salary of each employee turns out to be a very important document. It can be used for grants, credit cards, etc. When guaranteeing loan obligations, mortgage loans and other loans, the salary certificate is also the main record. SEBI Grade A Pay Scale has not been released till now. We will be sure to update this space when it is released.

SEBI Grade A Career Growth 2024

1.SEBI Grade A Officer - Training

Once you are selected as a SEBI Grade A Officer you would undergo a fixed Training Program. It is usually conducted at SEBI Headquarters located in Mumbai, Maharashtra.

2 . SEBI Grade A Officer - Probation Period

A SEBI Grade A Officer is under probation for 2 years from the time of her/his joining. On Successful completion of the Probation, The selected candidate is made a permanent Officer of SEBI.

3. Bond for SEBI Grade A Officer

SEBI Grade A Recruitment does not have any provision of a bond for a fixed period of employment.

4. Posting of SEBI Grade A Officer

After getting selected as SEBI Grade A Officer, You would be posted at any of the Regional Offices of SEBI Located throughout the country. The SEBI Offices are normally located in major cities of India.

SEBI Grade A Job Profile 2024

There are various streams for which an A grade officer is selected. Each stream or department has a specific set of activities that you need to do. These functions and tasks will be explained to you after joining and also during training.
  • Approving the laws of the stock exchanges.
  • Modifying the rules of the stock exchanges.
  • Inspecting the financial statements of the stock exchanges and various operators.
  • Identifying and investigating possible abuses of the securities market.
  • Steps to be taken to increase investors' knowledge of the securities market.
  • Suspension of securities trading in the stock exchange
  • Recognition of the stock exchange issuance and revocation.

Links Related to SEBI Grade A 2024
SEBI Grade A Salary 2024 SEBI Grade A Syllabus 2024

SEBI Grade A Salary 2024 FAQs

Q1. What is the SEBI Grade A Salary 2024?

Ans. The SEBI Grade A Salary 2024 has been detailed in the article.

Q2. What is the SEBI Grade A Gross Salary?

Ans. The gross salary for a SEBI Grade A Officer will range between Rs 1,54,000 to Rs. 1,60,000.

Q3. What are the main responsibilities of SEBI Grade A post?

Ans. The SEBI Assistant Manager typically handles tasks related to Stock Exchange. For more details on the SEBI Grade A Salary 2024, check the above article.

Q4. What is the SEBI Grade A Salary Structure 2024?

Ans. The SEBI Grade A Salary Structure 2024 has been tabulated in the above article.
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