NABARD Grade A Salary: Willing to know the details of the NABARD Grade A Salary? Well, we are here to help the candidates to give proper information on NABARD Grade A Salary Structure along with other details. National Bank for Agriculture and Rural Development (NABARD) Salary is one of the most rating salaries for the post of Grade A. The officials have released the notification and many of the candidates want to know the detailed structure of NABARD Grade A Salary. All the job holders of Group A will be paid off a handsome salary. Along with the NABARD Grade A Salary, candidates can collect information on NABARD Grade A Salary Structure, NABARD Grade A Job Profile, NABARD Grade A Growth, and Promotion, etc. NABARD Grade A comes under the post of Assistant Manager. Based on the work performance, the bank will be allowing promotions for the candidates. Check out the article thoroughly in order not to miss the important information on NABARD Grade A Salary.
NABARD Grade A Salary
The starting pay for the NABARD Grade A employee is Rs.28,150/-. The NABARD Grade A In Hand Salary will be around Rs. 58,000 to 62,000/- p.m. The annual package of the NABARD Grade A Salary will be the scale of Rs. 28,150-1550(4 years)-34350-1750(7 years) – 46600 – EB-1750 (4 years) – 53600-2000(1 year) – 55600. Additionally, there will be an increment of Rs. 1550 for every four years. However, the NABARD Grade A basic pay of Rs. 44,850 including the increment of Rs.1750 will proceed to the next seven and even so on. The average basic pay of the NABARD Grade A Assistant manager is Rs.55,600. Right now, the first gross emoluments are about Rs. 70,000/-
NABARD Grade A Salary Structure
For the sake of the candidates, we have given the basic pay along with other allowance pay in the table given below. For every government job, there will be increments and also deductions. Check out the NABARD Grade A Salary Structure given below.
NABARD Grade A Salary Structure | |
Particulars | 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 |
Special Perq Allow | Rs. 2323 |
Total Earnings | Rs. 67,786 |
Deductions | Rs. 9053.00 |
Net Pay | Rs. 58,733 |
NABARD Grade A Salary Increments
For the Job holders, the first-time increment will be like Rs.1550 which will be paid for four years. Candidates can check out the NABARD Grade A Salary year-wise increments given in a tabular form below.
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 Deductions
Candidates need to look into the deduction on NABARD Grade A Salary. These deductions will be based on the monthly income earned by the job holders. Check out the table:
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 |
NABARD Grade A Probation Period
Candidates who are selected will be undergoing the training period given by the authority of NABARD. And, this probation period will be like two years i.e, extendable to 1 additional year. In this process, trainees will get to know about their duties and responsibilities during this period. After the completion of the probation period, candidates will be given the post of Assistant Manager in different regional banks of NABARD.
Grade A Assistant Manager Responsibilities
- Encompassing the activities in rural areas in Association with Banking Industry and the State Government
- Work under the Manager & handle all clerical work assigned by the CGM
- Dealing with policy matters about Agriculture & Rural development of various State and Central Government programs
NABARD Grade A Job Profile
All the employees who are holding Assistant Manager in NABARD will have a certain job profile. Depending on the candidate’s qualification, the respective job role will be given by the authority. Candidates need to report to the NABARD office to Chief General Manager (CGM).
NABARD Grade A Salary – Career Growth & Promotion
In this section, we have given the details of the future career growth and promotion of the candidates for NABARD Grade A Salary. Check them out:
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Director
We are glad to give the candidates information about the NABARD Grade A Salary. For more informative articles stay connected to our website @ Freshersnow.com
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