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IFSCA Grade A Salary 2024, Pay Slip, In Hand, Salary Structure

Last updated on 21-May-2024

IFSCA Grade A Salary

IFSCA Grade A Salary is just the same as other grade officers. The aspirants who will be appointed under IFSCA Grade A Recruitment must note that their basic pay will be Rs 44500. Gradually the candidates will move to further stages and hence their salaries will increase. The pay scale for IFSCA Grade A officers is Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years). Candidates must not get confused between basic pay and gross pay. The gross pay is the amount you get as a salary after adding all the allowances.

IFSCA Grade A Salary 2024 - Overview

Check out the overview of IFSCA Grade A Salary 2024 in the table below:

ParticularsDetails
IFSCA Grade A Basic PayRs 44500
IFSCA Grade A Pay ScaleRs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years)
IFSCA Grade A AllowancesGrade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc
IFSCA Grade A Gross EmolumentsRs. 1,43,000/- per month 
Official WebsiteIFSCA

Note: The Gross Emoluments include the IFSCA's contribution towards the National Pension Scheme (NPS) as well. 

Download IFSCA Grade A Study Plan PDF

IFSCA Grade A Salary 2024 - Allowances & Benefits

The candidates must know the allowances that they get apart from the IFSCA Grade A Salary when appointed as Assistant Managers. Below is the list of IFSCA Grade A Allowances:

  • Grade Allowance
  • Special Allowance
  • Dearness Allowance
  • Local Allowance
  • Family Allowance
  • Leave Fare Concession
  • Medical Expenses
  • Eye Refraction
  • Education Allowance
  • Financial Dailies
  • Book Grant
  • Briefcase
  • Conveyance Expenses
  • House Cleaning Allowance
  • Staff Furnishing Scheme
  • Scheme for Purchasing Computers
  • Subsidized Lunch Facility, etc

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IFSCA Grade A Salary Structure 2024

Well, the IFSCA Grade A Salary is quite lucrative and impressive. The aspirants who will start their careers or join as IFSCA Grade A Assistant Managers will be enjoying several benefits. The basic salary will start from Rs 44500. For the detailed IFSCA Grade A Salary Structure, the aspirants must check out the table given below:

Time PeriodBasic Pay (in Rs)Increment (in Rs)
Starting PayRs 44500Rs 2500 every year
After 4 YearsRs.54500Rs. 2850 every year 
After 7 YearsRs 74450Rs. 2850 every year
After 11 YearsRs 85850Rs. 3300 every year
After 12 Years to 17 yearsRs 89150 (Maximum Pay)-

IFSCA Grade A Salary - Probation Period & Career Growth

Every candidate wants to have growth in their career therefore it is very important to know what is the scope of career growth in the concerned department. The aspirants must note that they will be first appointed for a probationary period of 2 years and then according to their performance they will be converted into confirmed employees. 

For the complete preparation of IFSCA, we have come up with IFSCA Grade A Online Courses 2024 where we have covered everything that an aspirant needs, so do not forget to check it out.

Download IFSCA Grade A PYQ PDF

FAQs

Q1. Is IFSCA Grade A Notification 2024 Out?

Yes, the IFSCA Grade A Notification 2024 is out on 27th March 2024.

How many vacancies are announced in IFSCA Grade A Notification 2024? +

The vacancies for IFSCA Assistant Manager Recruitment 2024 are 15.

What is the age limit for IFSCA Assistant Manager Recruitment 2024? +

The maximum age limit for IFSCA Assistant Manager Recruitment 2024 is 30 years.

When will the IFSCA Grade A Admit Card 2024 be made available? +

The IFSCA Grade A Admit Card 2024 are usually made available 10 days before the exam.

What is the application fees for IFSCA Grade A 2024? +

The application fees for IFSCA Grade A 2024 for UR/OBC/EWS is ₹1000/- and for SC/ST is ₹100/-.

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