NABARD Grade A Salary 2022: NABARD Grade A Salary is an attraction to all aspirants, which is the main reason every year lakhs of aspirants appear to grab this job opportunity. Recently NABARD released a recruitment notification to fill 170 vacancies of NABARD Grade A posts. Now all aspirants are very curious to know the NABARD Grade A Salary. The salary package makes NABARD Grade A one of the most popular banking job profiles amongst all aspirants. In this article, we have provided all the details related to NABARD Grade A Salary 2022.
NABARD Grade A Salary 2022: Increment
The Pay Scale for NABARD Grade-A is Rupees 34350-1750(seven years), 28150-1550 (four years) – 53600-2000 (one year), 46600-EB-1750 (four years). The In-Hand Salary of NABARD Grade A Officers stand at approximately Rs.68,790/- p.m. The Basic Salary begins with Rupees 28,150, on which the allowances are attached to this amount.
|Timing||Increment||Basic pay (Rs)|
|For the next 4 years||2000 for one year||53600|
|For the next 4 years||1750||46600|
|For the 1st four years||1550||28150|
|For the next 7 years||1750||34350|
NABARD Grade A Salary Structure 2022
The NABARD Grade A Salary comprises of various components like basic pay and a certain number of allowances which makes the NABARD Grade A Gross Salary 2022 around 68,000 rupees. Candidates can check the detailed description of gross salary below.
|Name Of The Component||Amount|
NABARD Grade A Salary 2022: Allowances
NABARD offers a very lucrative salary package to its employees having some wonderful perks and allowances. In the table given below candidates can check the allowances which makes the NABARD Grade A salary 2022 very attractive. NABARD offers 150 liters of petrol every month to NABARD Grade A Assistant Manager. Those who gets posted in metro cities like Delhi, Bangalore etc. gets 180 liters of petrol every month and the one who gets posted in Mumbai gets 200 liters of petrol.
The NABARD Grade A officers also gets the Sodexo coupons which can be used for food in canteen or in stores like big bazar. The children’s education allowance is 7,000 per month for a maximum of 2 children, this allowance is provided to the officers who are having children.
|Name Of The Allowance||Amount|
|Children Education Allowance||7,000|
NABARD Grade A Salary 2022: Annual Allowance
The allowances which are offered along with the NABARD Grade A Salary makes this job prestigious and a highly respectable position in society. NABARD offers 2.7 lakhs rupees once in every 5 years for the purchase of furniture. The spectacle allowance of rupees 13,000 is offered once in every 2 years to NABARD Grade A officers. The LFC is provided 15,000 per person once in 2 years and it is provided for a maximum of 4 dependent people. The yearly allowances which are included in the CTC of NABARD Grade A Salary 2022 is more than 1,00,000 rupees which is a huge amount.
|Name Of The Allowance||Amount|
|Book Grant Allowance||7,000|
|Medical On Declaration||13,000|
NABRAD Grade A Salary 2022: Perks & Allowances
Some candidates misjudge the NABARD Grade A Salary as they take CTC as the salary. CTC means the cost to the company which comprises of all the benefits provided to the employee by the employer. The NABARD Grade A CTC is around 17 lakh rupees which is comparable to a white-collar corporate job. Here we are providing below the list of allowances that are given to NABARD Grade A officers.
- Leave Travel Concession
- House Rent Allowance
- Grade Allowance
- Dearness Allowance
- Telephone, Newspaper, Book and Magazine, Internet Bill concession
- Family Allowance
- Local Compensatory Allowance
- Free Medical Facility
- Dispensary Allowance
- Furniture Allowance
NABARD Grade A Job Profile 2022
The job role performed by the NABARD Grade A Assistant Manager is given below which candidates must read to know the job profile better
- An Assistant Manager serves a probation period of 2 years, which can be extended for 1 Year (Maximum) at the discretion of the bank.
- An Assistant Manager will be working on various policies mandated by the State/Central government.
- An Assistant Manager is not assigned to one particular task, he/she has to perform multitasking.
- The work assigned by the Chief General Manager of RO will be fulfilled by the Assistant Manager.
NABARD Grade A 2022: Career Growth
The candidates who will be selected for the NABARD Grade A post will further be promoted through departmental exams and interviews. The NABARD Grade A is a managerial post and the hierarchy of the promotion is as follows:
- Assistant Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
FAQs: NABARD Grade A Salary 2022
Q.1 What is the starting salary of a NABARD Grade A Officer?
Ans The starting salary of a NABARD Grade A officer is approximately 68,000
Q.2 What is the in-hand salary of the NABARD Grade A Officer?
Ans The in-hand salary of a NABARD Grade A Officer in the year 2022 is around 62,000 after some deductions like NPS and income tax.