NABARD Grade A Salary 2023, Salary Structure, Perks & Allowances

NABARD Grade A Salary 2023

The National Bank for Agriculture and Rural Development (NABARD) has released the NABARD Grade A Salary details along with the official notification. Candidates aspiring for NABARD Grade A 2023 must be aware of the salary structure and job profile, as these details can be motivating factors. The salary structure for NABARD Grade A 2023 is as follows: Rs. 28,150-1,550(4)-34,350-1,750(7)-46,600-EB-1,750(4)-53,600-2,000(1)-55,600.

NABARD Grade A Salary Overview

The salary offered for NABARD Grade A is considered one of the most attractive among regulatory bodies. NABARD is a key financial institution focused on rural development. The Grade A Officer position offers an attractive salary package along with allowances and benefits. It’s important to understand the job profile along with the salary details. Here’s an overview of the NABARD Grade A Salary 2023 structure:

  • Organization: National Bank for Agriculture and Rural Development
  • Exam Name: NABARD Grade A Exam
  • Post: Grade A Officer
  • Basic Pay: Rs. 28,150
  • Official Website: www.nabard.org

NABARD Grade A Salary Structure 2023

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The NABARD Grade A Salary structure for 2023, as mentioned in the official notification, follows the pattern: Rs. 28,150-1,550(4)-34,350-1,750(7)-46,600-EB-1,750(4)-53,600-2,000(1)-55,600. The approximate gross monthly emoluments are around Rs. 70,000. Here’s a breakdown of the salary components:

  • Basic Pay: Rs. 28,150
  • Dearness Allowance: Rs. 27,154
  • CCA/Local Allowance: Rs. 1,408
  • Grade Allowance: Rs. 6,000
  • Special Allowance: Rs. 1,625
  • Family Allowance: Rs. 1,126
  • Spl Perq Allow: Rs. 2,323
  • Total Earnings: Rs. 67,786

NABARD Grade A Salary Increments

The salary structure of NABARD Grade A Officers includes regular increments. The basic salary increases over time, which also affects the other components based on the basic salary. Increments are part of the compensation structure, reflecting the experience and tenure of the employee.

NABARD Grade A Salary Allowances

The NABARD Grade A Salary package includes various allowances that make the job attractive. In addition to the basic salary, these allowances contribute significantly to the overall compensation. Some of the allowances are:

  • Local Compensatory Allowance
  • House Rent Allowance
  • Dearness Allowance
  • Grade Allowance
  • Family Allowance
  • Dispensary Allowance
  • Furniture Allowance

NABARD Grade A Probation Period

Selected Grade A Officers undergo a mandatory probation period of 2 years. During this period, candidates receive their full salary.

NABARD Grade A Job Profile

NABARD Grade A Officers hold managerial positions and have diverse responsibilities:

  • Implementing Government Policies
  • Multitasking
  • Fulfilling Assignments

NABARD Grade A Career Growth

After joining as Grade A Officers, candidates have opportunities for career growth through departmental exams and interviews. The promotion hierarchy includes positions like Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Executive Director, and Director.

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