SIDBI Grade A Salary 2022, Complete Breakdown

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SIDBI Grade A Salary 2022

SIDBI Grade A Salary 2022: Small Industries Development Bank of India (SIDBI) has released the official notification for SIDBI Grade A Exam. The candidates are selected as Grade A (Assistant Manager) after a certain selection process which is set for all the candidates. The SIDBI Grade A post is a sought-after job in the current phase. It is important to have a glance at the salary structure, pay scale, and job profile of the SIDBI Grade A vacancy in 2022. The SIDBI provides a decent salary with benefits. Candidates must go through the article below to have a better understanding about the various job posts under SIDBI, salary, perks, and allowances, etc.  Read further to know more about the SIDBI Salary 2022.

SIDBI Grade A Salary Structure 2022

The detailed salary structure for the SIDBI Assistant Manager with initial basic pay of Rs. 28,150/- has been discussed below. The candidates who have been looking forward to the opportunity in SIBDI Bank must have a look at the SIDBI Grade A Salary.

SIDBI Grade A Salary 2022
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 – Benefits/Perks & Allowances

Apart from the basic pay scale,  the salary of SIDBI Grade A will include other allowances in their salary structure as well, such as: –

  • Dearness Allowance
  • House Rent Allowance
  • Travelling Allowance
  • Children Education Allowance
  • Medical Facilities
  • Refreshment Allowance
  • Leave Travel Allowance
  • Subsistence Allowance
  • TA on Retiring
  • TA on Transfer

SIDBI Grade A Salary 2022- Job Profile

Once the candidate is appointed as SIDBI Grade A they have to perform certain duties/jobs. There are various responsibilities that an SIDBI Grade A has to carry out. SIDBI Grade A basically works in the revenue department of the state. We have discussed below the job profile of SIDBI Grade A.

  • Maintaining land records
  • maintaining the records of sharecroppers and other land transfers conducted between various parties.
  • No purchase or sale of land can take place without the presence of the Patwari
  • Looking after the concerns of the villagers
  • Assisting senior officers in various duties
  • Implementing government schemes

SIDBI Grade A Salary- Career Growth

Grade A Officer (Assistant Manager) is the entry-level officer post in the SIDBI. The employees selected as Assistant Manager can grow to various posts depending on their experience and performances. Check the promotion cycle as depicted below-

Designation Name 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

Q1. What is the basic pay for SIDBI Grade A 2022?

Ans. The basic pay of SIDBI Grade A 2022 is Rs. 28,150/.

Q2. What are the basic allowances as part of SIDBI Grade A salary 2022?

Ans. The basic allowances as a part of SIDBI Grade A salary are dearness allowances, HRA, and Travelling Allowances.

Q3. How many times does the SIDBI Grade A Exam take place?

Ans. SIDBI Grade A Exam is held annually.

Q4. Are there any growth opportunities for SIDBI Grade A?

Ans. Yes, there are growth opportunities and some of them are mentioned in the article above.

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