SIDBI Grade A Salary 2022: Grade A Assistant Manager is the highest grade in SIDBI and is the highest salaried grade in this organization. The salary of this position includes various perks such as a functional allowance, medical allowance, and various other benefits. SIDBI Grade A Salary 2022 provides salary in addition to allowances which is an important factor every year lakhs of aspirants dream of being hired in SIDBI Grade A.
SIDBI Grade A recruitment offers 100 Assistant Manager vacancies in a single recruitment process. The aspirants must be aware of the pay scale and other details in terms of SIDBI that are related to the above-mentioned position.
SIDBI Assistant Manager Salary 2022
SIDBI is one of the best government organizations in India and they have a great reputation. If you want to know the expected salary structure then you must check the latest SIDBI Assistant Manager salary 2022 structure. It’s not easy to get selected for this post, so be prepared for some tough competition.
Basic Pay | Rs. 28,150/- |
Pay Scale | Rs. 28150-1500(4)-34350-1750 (7)-46600-EB-1750(4)-53600-2000(1)-55600(17 years) |
Increment | 4 stagnation increments |
Grade Allowance | Rs. 6000/- |
Family Allowance | 4% of pay |
Local Allowance | 5% of pay |
House Rent Allowance | 10% of pay |
Special Allowance | Rs. 6,500/- |
Special Compensation Allowance | Rs. 625/- |
SIDBI Grade A Special Pay | Rs. 2000/- |
Net Salary | Rs. 70,000/- |
SIDBI Grade A Salary 2022
The basic salary of SIDBI Grade A Assistant Manager is Rs. 28,150 with a pay scale of Rs. 28150-1500(4)-34350-1750 (7)-46600-EB-1750(4)-53600-2000(1)-55600(17 years). This salary structure doesn’t include the perks and allowances. The in-hand salary of the SIDBI Assistant Manager is around Rs. 70,000/- per month including the perks and allowances.
Duration | Basic Pay | Grade Pay |
---|---|---|
First 4 Years | Rs. 28,150/- | Rs. 1550/- |
Next 7 years | Rs. 34,350/- | Rs. 1750/- |
Next 4 Years | Rs. 46,600/- | Rs. 1750/- |
Next 1 Year | Rs. 53,600/- | Rs. 2000/- |
Increment for the next 17 years | Rs. 55,600/- |
SIDBI Grade A Salary 2022 Allowances & Perks
The SIDBI is an Indian government financial institution that provides loans for small- and medium-sized businesses, agriculture, rural development and other areas. The SIDBI.in has a total of 11 grades (A-E), with Grade A being the highest one at the moment. The Grade A Officer posts will be awarded 4 stagnation increments with initial basic pay. Apart from the basic pay, any SIDBI Grade A Officer will also get various perks in addition to their salary. The perks areas are listed below.
- Dearness Allowance
- House Rent Allowance
- Special Allowance
- Family Allowance
- City Compensatory
- Local Allowance
- Learning Allowance
- PFA
- Grade Allowance
- Special Compensatory Allowance
SIDBI Grade A Salary 2022 Career Growth
The Grade A Officer rank is a fast-track career path with wide opportunities to work in various departments. In the SIDBI, an individual can also opt to grow from an Assistant Manager to a Branch Manager, Head Branch Manager, Senior Branch Manager and finally a Regional Manager.
Designation | Pay Scale |
---|---|
Grade A Officer | 28150 – 1550(4) – 34350 – 1750(7) – 46600 -EB – 1750(4) – 53600 – 2000(1) – 55600 (17 years) |
Grade B Officer | 35150 – 1750(9) – 50900 – EB – 1750(2) – 54400 – 2000(4) – 62400 (16 years) |
Private Secretary in Grade B | 35150 – 1750(9) – 50900 – EB – 1750(2) -54400 – 2000(4) – 62400 – EB 1200(1) – 63600 -2150(4) – 72200 (21 years) |
Grade C Officer | 49000 – 1750(3) – 54250 – 1900(2) – 58050 -2000(4) – 66050 – EB – 2000(2) – 70050 – 2150(1) – 72200 (13 years) |
Grade D Officer | 68500 – 2150(2) – 72800 – 2250(6) – 86300(9 years) |
Grade E Officer | 72800 – 2250(1) – 75050 – 2400(2) – 79850 – 2500(3) – 87350-3000(5) – 102350 (12 years) |
Grade F Officer | 101900 – 3000(4) – 113900 (5 years) |
Executive Director | 120500 – 3500(2) – 127500 (3 years) |
SIDBI Grade A Salary 2022 FAQs
What is the basic Payscale for the SIDBI Grade A Assistant Manager?
The Basic Pay scale for the SIDBI Grade A Assistant Manager is Rs. 28,150/-.
What is the in-hand salary of the SIDBI Grade A Assistant Manager?
The in-hand salary of the SIDBI Grade A Assistant Manager is Rs. 70,000/-.