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NABARD Grade A Salary 2022, Know in-hand salary, allowances, benefits

Safalta Expert Published by: Silky Joshi Updated Fri, 05 Aug 2022 05:55 PM IST

Highlights

Looking for details on NABARD Grade A Salary? Know the Grade A Job Profile in detail and also check the career growth and allowances for NABARD.

National Bank for Agriculture and Rural Development (NABARD) has announced 170 Assistant Manager Grade A vacancies on 12th July 2022 through employment news. The candidates who wish to apply for the same can check NABARD Grade A Salary along with the basic job profile. NABARD Grade A is an Assistant Manager post and the candidates upon joining the bank get lots of opportunities for their overall growth. The National Bank for Agriculture & Rural Development(NABARD) offers a monthly salary of around 62,000 rupees to NABARD Grade A officers including some luxurious perks and allowances which are enjoyed by managerial level officers only. The candidates can check out this page for more details related to the Payscale, Allowances, promotion criteria, etc. If you are preparing for NABARD Grade-A Exam then download the following free e-books now!

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Table of Contents 

  1. NABARD Grade A Salary 
  2. NABARD Grade A Salary Structure
  3. NABARD Grade A Salary: Increment
  4. NABARD Grade A Salary: Deduction
  5. NABARD Grade A  Allowances 
  6. NABARD Grade A Job Profile 
  7. NABARD Grade A Increment

NABARD Grade A Salary

The bank pays a handsome amount to the candidates who clear the selection process and hence we have come up with the salary and pay scale of the Assistant Manager here. The candidates upon joining receive salary as per the pay scale of 28150-1550(4)-34350-1750(7)- 46600-EB-1750(4) - 53600-2000(1) - 55600. The basic pay of the candidates is Rs 28,150 while the in-hand salary is around 62,000.

Read here:

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NABARD Grade A Salary Particulars Details
Basic Pay Rs.28150/- p.m.
Pay-scale 28150-1550(4)-34350-1750(7)–46600–EB-1750(4)-53600-2000(1)-55600
Additional Allowances Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance. 
Gross Emoluments Total monthly emoluments will be around Rs.70000/- at the present rate of dearness allowance. 
Initial Monthly In-hand Salary Rs. 62,600/-

To know more read here 

IBPS Clerk Salary IBPS Clerk Eligibility Bank Po Salary  IBPS RRB PO Salary
 

NABARD Grade A Salary Structure 2022

Along with Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, Special Allowance, Family Allowance, and Grade Allowance, the starting basic salary for NABARD Grade A Salary has been increased to Rs. 28,150. According to government regulations, there is also a deduction from the overall earnings. The table below contains the whole NABARD Grade A Salary Structure.

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NABARD Grade A Gross Salary 2022 is around 68,000 rupees. Candidates can check the detailed description of gross salary below.

 
NABARD Grade A Salary Structure 2022 
Name of the components  Amount (in Rs.)
Basic Pay Rs. 28,150
Dearness Allowance Rs. 27,154
CCA/Local Allowance Rs. 1408
Grade Allowance Rs. 6000
Special Allowance Rs. 1625
Family Allow Rs. 1126
Spl Perq Allow Rs. 2323
Total Earnings Rs. 67,786
Deductions Rs. 9053.00
Net Pay Rs. 58,733

NABARD Grade A Salary: Increment

The first raise for NABARD Grade A Officers is Rs. 1550, and it lasts for four years. Check the NABARD Assistant Manager Grade A positions' year-by-year increase chart.

Time Period

Basic Pay (INR)

Increment (INR)

For the first four years

Rs. 28150

Rs. 1550

For the next 7 years

Rs. 34350

Rs. 1750

For the next 4 years

Rs. 46600

Rs. 1750

For the next 4 years

Rs. 53600

Rs. 2000 for 1 year

Max. Basic Pay

Rs. 55,600

Till retirement

NABARD Grade A Salary: Deduction

The total earnings are reduced by a certain defined amount. From the table below, check the criteria for the provident fund, medical premium, income tax, and other deductions.
 
Particulars Amount
Prov. Fund/NPS Rs. 6130
Medical Premium Rs. 180
Lounge Subs Rs. 400
Income Tax Rs. 2323
Relief Fund Contribution Rs. 200
Total Deduction Rs. 9053

To know more read here 

IBPS Clerk Salary

IBPS Clerk Eligibility

Bank Po Salary 

IBPS RRB PO Salary

 

NABARD Grade A Salary: Allowances

The following allowances will also be admissible to the candidates who join the NABARD Grade A post:

NABARD Grade A Job Profile

The candidates upon joining have to fulfill the following job profile:

  • Carry out clerical/managerial/any other task assigned by the CGM

  • Dealing with policy issues of various state and central government programs related to Agriculture & Rural Development

  • Liaison with Banking Industry and the State Government, that encompass the activities in rural areas

  • Work under the Manager & do clerical work

NABARD Grade A Training Period

Candidates will initially be placed on probation for two years following selection. At its discretion, the bank may extend the audition time doe one year. Candidates who have joined are eligible to be posted and transferred to any location in India. They are confirmed to the position of Assistant Managers after the probationary period and assigned to one of the NABARD regional banks.

How much does a NABARD Grade A make per month?

A NABARD Grade A makes at least Rs 62,000 to Rs 64,000 per month

What is the basic salary of a NABARD Grade A?

The basic salary of a NABARD Grade A is Rs. 62,000 per month.

Which is the minimum pay scale for a NABARD Grade A?

The minimum pay scale for a NABARD Grade A is a pay scale of Rs.28150-1550(4)-34350-1750(7)- 46600-EB-1750(4) - 53600-2000(1) - 55600.

Do you get a salary after the NABARD Grade A exam?

No salary is only received once the candidate joins the department as a NABARD Grade A.

Is there any career growth for the NABARD Grade A?

Yes, the candidates can appear in the internal exam and seek promotions to the posts of Grade B and CGM.

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