NABARD Grade A Salary: The National Bank for Agriculture and Rural Development (NABARD) will shortly release a job notice for Assistant Managers (Grade A) in several disciplines in Rural Development Banking Services (RDBS). Applicants are frequently perplexed regarding the sort of labour required, the in-hand compensation, and benefits provided by NABARD Grade A positions.
We will present the Job Profile, Salary (base pay as well as in-hand salary), and career advancement prospects in NABARD Grade A (Assistant Manager) to address these concerns.
NABARD Grade A Salary 2021: Overview
|
Basic Pay |
Rs.28,150/- p.m. |
|
Payscale |
28150-1550(4) -34350-1750(7) – 46600 –EB – 1750(4)- 53600-2000(1)-55600 |
|
Monthly Gross Emoluments |
Rs.62,600/- (approximately) |
Detail Description of NABARD Grade A Salary, Perks
The details of NABARD Grade A Salary is given below.
- NABARD Grade A Officers’ Basic Pay
Assistant Managers (Grade A) in NABARD are paid a basic salary of Rs.28150/- p.m. on a scale of 28150-1550(4) – 34350-1750(7) – 46600 –EB – 1750(4) – 53600-2000(1)-55600.
- Benefits provided to NABARD Grade A Officers
Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance are available to Assistant Managers in NABARD Grade A, depending on the laws in effect at the time.
- NABARD Grade A Salary in Hand
Initial monthly gross emoluments are currently at Rs.62,600/- per month.
- NABARD Grade A perks
- Subject to eligibility, officers in NABARD Grade A are also entitled for reimbursement for car maintenance, newspaper, internet, and telephone costs, book grant, and payment for the furnishing of dwelling.
- Employees can also get medical assistance, a festival allowance, a leave travel concession, and low-interest loans.
Below is a table of increments with the maximum basic pay:
|
Time Period |
Basic Pay (INR) |
Increment (INR) |
|
For the first four years |
28150 |
1550 |
|
For the next 7 years |
34350 |
1750 |
|
For the next 4 years |
46600 |
1750 |
|
For the next 4 years |
53600 |
2000 for 1 year |
Job Profile of NABARD Grade A
Besides NABARD Grade A salary it is necessary to see the Job Profile of a NABARD Officer Grade A. So, we have provided the NABARD Job profile below.
- The position of Assistant Manager is the lowest in the management structure.
- The probation term is two years, with the possibility of a one-year extension at the bank’s discretion.
- Because an Assistant Manager’s job description isn’t stated, it’s clear that he’ll be doing a lot of multitasking.
- He is responsible for completing all tasks provided by the Chief General Manager of RO.
- An Assistant Manager is responsible for implementing numerous policies and programmes relating to agriculture and rural development that are mandated by the federal and state governments.
- Despite the fact that one might be assigned anywhere in India, most postings are restricted to state capitals. Furthermore, home state postings are prohibited under HR policy.
We have covered everything related to NABARD Grade A Salary 2021. If you have any doubts related to the NABARD Exam, feel free to ask any queries in the comment section below.
FAQs for NABARD Grade A Salary 2021
How much does a NABARD grade A officer earn?
The NABARD Grade A officer’s base remuneration is Rs. 28150/- per month.
Is there anything special about NABARD Grade A Salary?
Yes, the NABARD Grade A Salary comes with a number of benefits and allowances, including Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance, depending on the laws in effect at the time.
Who determines NABARD Grade A Officers’ pay?
The pay of NABARD Grade A is determined by NABARD’s official authority.
Is this a Grade A Gazetted Officer position with NABARD?
No, the position of NABARD Grade A is not a Gazetted Officer.
Is NABARD a government position?
Yes, The Government of India owns NABARD in its entirety.
What are the reasons for the reimbursements given to NABARD Grade A employees?
Employees in NABARD GRADE A are entitled to reimbursements for car maintenance, newspaper, Internet, and telephone expenditures, book grant, and dwelling furnishing.