NABARD Grade A Salary: The NABARD Grade A Exam is organized by the National Bank for Agriculture and Rural Development for diverse positions. Aspirants need to familiarize themselves with all aspects pertaining to both the examination and the positions available.
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Table of Content
- NABARD Grade A Salary
- NABARD Grade A Salary Structure
- NABARD Grade A Salary: Increment
- NABARD Grade A Salary: Deduction
- NABARD Grade A Allowances
- NABARD Grade A Job Profile
- 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:
| NABARD Grade B Eligibility | NABARD Grade A Syllabus | NABARD Grade B Best Books |
| 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 2023
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.NABARD Grade A Gross Salary 2023 is around 68,000 rupees. Candidates can check the detailed description of gross salary below.
| 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
NABARD Grade A Salary: Allowances
The following allowances will also be admissible to the candidates who join the NABARD Grade A post:
-
House Rent Allowance (HRA)
-
Conveyance Allowance (CA):
-
Medical Allowance
-
Leave Fare Concession Travel (LFC)
-
Bank Loan Facility
-
Pension
-
Vehicle maintenance
-
Newspaper
-
Internet
-
Telephone expenses
-
Book grant
-
Furnishing of residence
To know more read here.
NABARD Grade A Job Profile
The candidates upon joining have to fulfill the following job profile:
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Carry out clerical/managerial/any other task assigned by the CGM
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Dealing with policy issues of various state and central government programs related to Agriculture & Rural Development
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Liaison with Banking Industry and the State Government, that encompass the activities in rural areas
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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.
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Also read:
| NABARD Grade A Syllabus | RBI Office Attendant Salary | IBPS RRB Office Assistant Salary |
| IBPS Clerk Salary | SBI Clerk Salary | SBI Apprentice Salary |
