The expected salary of a SEBI Grade A Assistant Manager is Rs. 1,07,000 without accommodation and Rs. 73,000 with accommodation. The candidates opting for the SEBI Grade A, because of the job security and the handsome salary. Along with the basic pay, SEBI Grade A is also allowed with major allowances like DA, HRA, Medical other essential allowances. Along with the basic salary and allowances, the candidates also get a lot of benefits in terms of career growth of the candidates. The candidates recruited in the SEBI Grade A can be further promoted to the Executive Director post. If you are preparing for competitive exams and are looking for expert guidance, you can check out our monthly FREE Current Affairs Ebook- Download Now.
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The candidates who are selected in the SEBI Grade A are paid a handsome salary, the salary structure for which ranges from Rs. 1,07,000 without accommodation and Rs. 73,000 with accommodation. As per the official notification, the pay scale of Grade A manager is INR28150-1550(4)-343501750(7)-46600-EB-1750(4) -53600- 2000(1)-55600 (17 years). Apart from this, the SEBI Grade A is also allowed with major allowances and benefits as listed below:-
House Cleaning Allowance
Leave Fare Concession
Staff Furnishing Scheme
Scheme for Purchasing Computers
Subsidized Lunch Facility
The candidates must be aware of the eligibility criteria of the SEBI Grade A before applying for the posts. The candidates selected in the SEBI Grade A are placed in different departments and have to perform work based on it. The job profile for the SEBI GradeA has been listed below:-
Approval of by-laws for stock markets.
Amendments of Stock Market by-laws.
Inspection of stock exchange accounts and separate players.
Inside Financial Markets, detect and prosecute any malpractices.
Take measures to improve the knowledge of investors in the capital markets.
Protection Trade Suspension in a Stock Exchange.
Granting and Withholding of Stock Market Recognition.
The candidates opt for SEBI Grade A, because of the job security and job growth. Moreover, the SEBI Grade A can be promoted from an entry-level to the post of Chairman. Promotion may take 5-6 years but they may proceed further to Grade B, Grade C, Grade D, Grade E, Grade F to the top level of an Executive Director.
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Ques 1: How much does a SEBI Grade A make per month?
Ans 1: A SEBI Grade A makes at least Rs. 1,07,000 without accommodation and Rs. 73,000 with accommodation per month.
Ques 2:What is the basic salary of a SEBI Grade A Officer?
Ans 2: The basic salary of a SEBI Grade A is Rs.13075.
Ques 3:Which is the minimum pay scale for a SEBI Grade A?
Ans 3: The minimum pay scale for SEBI Grade A is Rs 13500.
Ques 4:Do you get a salary after the SEBI Grade A exam?
Ans 4: No salary is only received once the candidate joins the department.
Ques5:Is there any career growth for the SEBI Grade A?
Ans 5: Yes, the candidates of the SEBI Grade A can be promoted from an entry-level to the post of Chairman.
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