NABARD Grade A Salary Structure 2024, Check Revised Salary, Job Profile

NABARD Grade A Officer gets the gross emoluments of approximately Rs 1,00,000 as their basic pay is Rs 44,500. The pay scale according to which the officers are being paid is 44500–2500(4)–54500–2850(7)–74450–EB–2850(4)–85850– 3300(1)–89150 (17 Years). The probation period of the NABARD Officers is 2 years.

NABARD Grade A Salary

One of the curious questions for NABARD aspirants is how much will we get paid or what is the NABARD Assistant Manager Grade A Salary? NABARD Grade A Officer Post is a prestigious entry level position. Undoubtedly, the aspirants who will crack the exam will be paid handsomely with a basic pay of Rs 44500. The candidates will get the complete details of NABARD Grade A Salary in the blog, so go through the complete blog.

NABARD Grade A Salary 2024

Candidates who will be selected as NABARD Grade A Officers will start their careers with basic pay of Rs 44500. The revised pay scale for NABARD Grade A is Rs. 44500–2500(4)-54500–2850(7)–74450–EB–2850(4)–85850–3300(1)–89150(17 Years). The NABARD Grade A In Hand Salary or monthly gross emoluments stands at Rs.1,00,000 per month approximately.

Attempt FREE NABARD Grade A Mock Test

NABARD Assistant Manager Grade A Salary - Overview

Any aspirant who wants to work with NABARD as a Grade A Officer needs to have an overview of the salary. In the table below, you will get the complete overview of NABARD Grade A Salary:

NABARD Grade A Salary Structure 2024

The NABARD Grade A Salary is quite handsome. The aspirants who will start their careers or join as NABARD Grade A Officers will enjoy several benefits. The basic salary will be Rs 44500. For the detailed NABARD Grade A Salary Structure, the aspirants must check out the table given below:

NABARD Grade A Revised Pay Scale

The candidates must note that the NABARD Grade A Pay Scale has been revised. Check out the previous and the revised pay scale here.

NABARD Assistant Manager Salary

Apart from the monthly salary, NABARD Assistant Managers enjoy numerous other benefits and perks, which significantly enhance the overall compensation package. These include:

1. Medical Reimbursement: Coverage for medical expenses for self and dependents.
2. Leave Travel Concession (LTC): Travel expenses for self and family once in two years.
3. House Building Advance: Loan facility for building or purchasing a house.
4. Conveyance Allowance: Reimbursement for commuting expenses.
5. Educational Allowance: Assistance for children's education.
6. Pension Scheme: Contributory pension scheme.

These additional benefits ensure that NABARD employees have a secure and comfortable lifestyle.

NABARD Salary

NABARD offers competitive salaries across all its grades, with Grade A being the entry-level managerial position. The organization provides a structured salary progression, ensuring that employees are rewarded for their experience and performance.

Salary Progression

1. Annual Increments: Regular increments based on performance.
2. Promotions: Opportunities for promotion to higher grades, resulting in increased salary and responsibilities.
3. Performance Bonuses: Annual bonuses based on individual and organizational performance.

NABARD's salary structure is designed to motivate and retain talented professionals, making it one of the most sought-after employers in the banking and rural development sector.

NABARD Grade A Salary Slip

The salary slip of a NABARD Grade A Assistant Manager provides a detailed breakdown of the salary components. It includes:

1. Basic Pay
2. Dearness Allowance
3. House Rent Allowance
4. City Compensatory Allowance
5. Other Allowances: Such as Grade Allowance, Local Compensatory Allowance, etc.
6. Deductions: Contributions towards provident fund, pension scheme, and taxes.

The salary slip is a crucial document for employees, reflecting their earnings and deductions.

NABARD Grade B Salary

NABARD Grade B officers hold higher responsibilities and, consequently, receive a higher salary compared to Grade A officers. The initial basic pay for a NABARD Grade B officer is ₹55,200 per month. With allowances and benefits, the gross salary can range between ₹1,15,000 to ₹1,22,000 per month.

Components of NABARD Grade B Salary

1. Basic Pay: ₹55,200 per month.
2. Dearness Allowance (DA)
3. House Rent Allowance (HRA)
4. City Compensatory Allowance (CCA)
5. Grade Allowance
6. Local Compensatory Allowance (LCA)

NABARD Grade B officers also receive additional benefits similar to those of Grade A officers, including medical reimbursement, LTC, house building advance, and more.

NABARD Grade A Officer Perks

The aspirants who will be selected will enjoy the following NABARD Grade A Officer Perks.

• Bank's accommodation is subject to availability
• Reimbursement of expenses for maintenance of vehicle for official purpose
• Newspaper, internet, telephone charges, book grant as per eligibility
• Allowance for furnishing of residence, etc. as per eligibility
• Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility
• Interest-free festival advance
• Leave Travel Concession
• Loans and Advances at concessional rates of interest for Housing, cars, Education of children, Consumer Articles Personal computers, etc.
• Candidates selected for the post will be governed by the defined contribution to the New Pension Scheme (NPS) in addition to the benefits of Gratuity and Optional Group Term Insurance Plan.

NABARD Grade A Career Path

It is important to know about the NABARD Grade A Promotions or career path. You will find the levels of promotions in the image given below.

NABARD Grade A Job Profile

As an Assistant Manager, you will be posted in any department irrespective of your qualifications. You will have to report to the Chief General Manager (CGM) of the regional NABARD office.

NABARD Grade A Job Profile for General Post

• Carry out clerical/managerial/any other task assigned by the CGM
• Dealing with policy issues of various state and central government programs related to Agriculture & Rural Development
• Liaison with Banking Industry and the State Government, that encompass the activities in rural areas
• Work under the Manager & do clerical work

NABARD Grade A Job Profile for IT Officer (Information & Technology Officer)

• Security
• Analytics
• Database Administration
• Application Development
• Networking
• Server Management and related fields
• Database Analysis (MySQL, Oracle, MSSQL)

NABARD Grade A Job Profile for Finance Officer

• Treasury Management
• Risk management
• Handling of regulatory and/or statutory compliances for public issues, retail bonds, etc.

Other Duties

• Identifying and mapping resource potential under related sectors and sub-sectors of rural economy and SWOT analysis thereof, credit-linked planning, preparation of sectoral papers, State Focus Papers, etc.
• Meeting requests from client institutions, especially Banks and Government Departments, for periodic updating of techno-financial parameters and unit costs of various developmental activities.
• Provision of expert views, advisory services, consultancy, etc. to individual entrepreneurs, Corporates, Institutions, Government Departments, etc. seeking such advice. This may be in contexts of preparation of DPRs, standardization of techno-financial norms with specific reference to new agri-business ventures such as high-value agriculture, value chain financing, processing and value addition, organic farming, etc.
• Liaison with National / Regional Research Institutes to support their R&D interventions to develop solutions to field-level technical /operational problems and innovative technologies.
• Liaison with Line Departments of Central as well as State Governments, ICAR, and State Universities of related disciplines.
• Advisory services at the District/State/National level in the operationalization of several Government sponsored schemes pertaining to related disciplines.
• Representation on various technical committees/sub-groups constituted by State / National Level institutions etc. towards policy advocacy.
• Provision, and simultaneous internal capacity building, in the emerging areas of NABARD's interest and projects being implemented by NABARD, requiring specializations/expertise from related disciplines.
• Miscellaneous areas – suggestions/advice for effective policy formulations and business plans, Appraisal & Monitoring of proposals having NABARD's interest and/or involvement. Documentation of Success Stories and dissemination technology for replication. Any support related to technical discipline is sought from time to time.