SEBI Grade A Salary 2024, Revised Pay Scale, Salary Structure, Perks & Allowances

SEBI Grade A Salary 2024 is now out with the official notification for SEBI Grade A 2024 for the legal stream. There are 25 vacancies for Assistant Managers in SEBI. The details on salary and job profile can be one of the motivating factors for candidates aspiring for SEBI Grade A 2024. Here in this article, we have given all the details on SEBI Grade A Salary 2024.

SEBI Grade A Salary

SEBI Assistant Manager Salary, Perks, and Allowances should be known to all aspiring candidates. After the final selection as Officers in Grade A(Legal Stream), aspirants will have to undergo a Probation Period for 2 years. According to their performance in probation, candidates will get a confirmation to impart their service in SEBI. The given post comprises the SEBI Grade A Salary 2024 in a detailed manner.

SEBI Grade A Notification 2024

SEBI Grade A Salary: Overview

An overview of SEBI Grade A Salary 2024 comprising the important points is discussed in the given table.

OrganizationSecurities And Exchange Board of India
Exam NameSEBI Grade A
PostGrade A (Assistant Manager)
Vacancy25
CategorySalary
Language Of ExamEnglish
SEBI Grade A Basic PayRs. 44500
Selection ProcessPhase I, Phase II, and Interview
Application ModeOnline
Official Website@www.sebi.gov.in

SEBI Grade A Syllabus 2024 and Exam Pattern for Phase 1 and 2

SEBI Grade A Salary 2024

The Gross Emolument of a SEBI Grade A (Assistant Manager) Legal Stream including basic pay, perks & allowances, and their Contribution towards the National Pension Scheme (NPS) at Mumbai is ₹1,49,500/- per month without accommodation and ₹1,11,000/- per month with accommodation.

SEBI Grade A Salary Structure 2024

The complete SEBI Grade A Salary Structure 2024 is given below in the following table.

DescriptionAmount
Basic PayRs. 44,500/-
Pay Scale44500-2500 (4)-54500-2850 (7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years)
Increment4 stagnation increments
Special PayRs. 3300 (after completion of 1 year)
Dearness Allowance30.38% of basic pay
Special Allowance16.4% of basic pay (minimum- Rs. 11,000)
Family AllowanceRs. 2850
City Compensatory5% of basic pay (maximum- Rs. 2500)
Local AllowanceRs. 3450
Learning AllowanceRs. 2500
PFARs. 3850
Grade Allowance14% of basic pay (minimum- Rs. 10,400)
Special Compensatory AllowanceRs. 500- Rs. 625 per month.

SEBI Grade A Salary: Revised Pay Scale

Along with the Notification PDF, SEBI Salary 2024 has specified the Pay Scale for Officer Grade A (Assistant Manager)-Legal Stream which has been provided in the below table.

Pay ScaleRevised Pay Scale
28150-1550(4)- 34350-44500- 2500(4)-54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150(17 Years)

SEBI Grade A Salary 2024: Perks and Allowances

Along with basic pay candidates appointed for the post of Assistant Manager are benefitted with the following perks and allowances.

  • Grade Allowance
  • Special Allowance
  • Dearness Allowance
  • Family Allowance
  • Local Allowance
  • Learning Allowance
  • Special Grade Allowance
  • Special Compensatory Allowance

An Officer in Grade A in SEBI enjoys various benefits other than the perks and allowances which are as follows: Leave Fare Concession, Medical Expenses, Eye Refraction, Education Allowance, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers, Subsidized Lunch Facility, etc. Residential Accommodations are also provided to the Assistant Managers subject to availability.

SEBI Grade A Salary: Job Profile

Candidates interested for the SEBI Grade A Notification 2024 should also be familiar with the responsibilities that they have to perform after final selection. SEBI Grade A(Assistant Manager) Job Profile comprises the following duties.

  • Conduct investigations pertaining to all sectors of the securities market, encompassing commodity derivative markets, and addressing all forms of violations within the securities market.
  • Responsible for regulating Foreign Institutional Investors, Portfolio Managers, and Custodians.
  • Involved in the issuance and listing of securities, which encompasses establishing criteria for initial listing as well as ongoing listing requirements.
  • Entrusted with the enforcement of the SEBI legal framework and standards.

SEBI Grade A Salary: Career Growth

Aspirants have ample opportunity to boost their career in SEBI after being appointed as Officer Grade A(Assistant Manager). The hierarchy of SEBI Grade A Career Growth is discussed below.

  • Assistant Manager
  • Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Executive Director

FAQs

  1. What is the basic pay for SEBI Grade A Assistant Manager?
    • The basic pay for SEBI Grade A Assistant Manager is Rs. 44,500/-.
  2. What are the allowances provided along with SEBI Grade A salary?
    • Along with the basic pay, SEBI Grade A Assistant Managers receive various allowances such as Dearness Allowance, Family Allowance, Local Allowance, and more.
  3. Is accommodation provided to SEBI Grade A Assistant Managers?
    • Yes, accommodation is provided to SEBI Grade A Assistant Managers subject to availability.
  4. What is the probation period for SEBI Grade A Assistant Managers?
    • The probation period for SEBI Grade A Assistant Managers is 2 years.

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