IFSCA Assistant Manager Salary 2024 Pay Scale & Benefits

The salary structure for IFSCA Grade A Officers is notably appealing, encompassing various perks and allowances that contribute to an impressive overall package. Here, we delve into detail about the IFSCA Grade A Salary 2024, including the pay scale, benefits, and career progression prospects.

IFSCA Grade A Salary 2024

IFSCA, the International Financial Services Centres Authority, serves as a statutory regulatory body overseeing the development of financial services within India’s International Financial Services Centres. The organization offers an attractive salary package, making it a desirable choice for many applicants. Let’s explore the comprehensive details of the salary and benefits accorded to an Assistant Manager at IFSCA.

IFSCA Assistant Manager Salary 2024: Overview

Candidates can refer to the following table for an overview of the IFSCA Grade A Salary 2024:

OrganizationInternational Financial Services Centres Authority
Exam NameIFSCA Exam 2024
PostAssistant Manager
Basic PayRs. 44,500/-
Gross SalaryRs. 1,43,000/- p.m.
Pay ScaleRs. 44,500-25(4)-54,500-28(7)-74,450-EB-28(4)-85,850-33(1)-89,150 (17 years)
Official WebsiteIFSCA Official Website

IFSCA Grade A Salary 2024: Salary Structure

Successful candidates appointed as IFSCA Assistant Manager Officers Grade A are subject to a probation period of two years. The pay scale for Grade A officers is structured as follows: Rs. 44,500-25(4)-54,500-28(7)-74,450-EB-28(4)-85,850-33(1)-89,150 (17 years).

At the minimum of this scale, the gross emolument, inclusive of IFSCA’s Contribution towards National Pension Scheme (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance, etc., amounts to approximately Rs. 1,43,000/- per month.

IFSCA Assistant Manager Salary 2024: Perks & Allowances

In addition to the basic pay, candidates enjoy various perks & allowances, enhancing their overall compensation package. Below are the detailed perks & allowances provided to an IFSCA Assistant Manager:

  • Dearness Allowance
  • Local Allowance
  • Family Allowance
  • Medical Expenses
  • Special Allowance
  • Eye Refraction
  • Leave Fare Concession
  • Education Allowance
  • Financial Dailies
  • Staff Furnishing Scheme
  • Book Grant
  • Conveyance Expenses
  • House Cleaning Allowance
  • Scheme for Purchasing Computers
  • Subsidized Lunch Facility
  • Contribution towards National Pension Scheme (NPS)

IFSCA Grade A Salary 2024: Career Growth

Upon qualifying for the post of IFSCA Assistant Manager, candidates will be posted in the International Financial Services Centres Authority Offices. After completing the probation period of two years, candidates will be considered for confirmation. Within IFSCA, ample opportunities for career advancement to higher scales are available.

Leave a comment