NABARD Grade A Salary 2023
NABARD Grade A Salary 2023: The NABARD Grade A salary is competitive and the benefits are comprehensive. The National Bank for Agriculture and Rural Development (NABARD) is hiring Assistant Manager Grade A positions. There are 150 vacancies available and the online application process started on September 2, 2023, and will end on September 23, 2023.
Interested candidates can check the NABARD Grade A salary 2023, salary structure, in-hand salary, perks, allowances, etc. for NABARD Grade A officers in 2023 in the article below.
NABARD Grade A Salary Structure 2023
The basic pay offered to the shortlisted candidates is Rs.28,150. Candidates can check the detailed NABARD Grade A Salary Structure 2023 below.
|Components||Amount (In Rs)|
|Spl Perq Allow||2,323|
NABARD Grade A Salary After 4 Years
The NABARD Grade A 2023 Salary increases over a certain time period. Check the increments in the NABARD Grade A Salary 2023 over the years below.
|Time Period||Basic Pay (INR)||Increment (INR)|
|For the first 4 years||Rs.28,150||Rs.1,550|
|For the next 7 years||Rs.34,350||Rs.1,750|
|For the next 4 years||Rs.46,600||Rs.1,750|
|For the next 4 years||Rs.53,600||Rs. 2,000 (for 1 year)|
|Max. Basic Pay||Rs.55,600||Till retirement|
NABARD Grade A Salary and Perks
NABARD also gives several benefits to their employees apart from a basic salary. Below is a list of some major benefits and parks offered to the candidates appointed for the post of Grade A officer.
- Local Compensatory Allowance.
- House Rent Allowance.
- Dearness Allowance.
- Grade Allowance.
- Family Allowance.
- Dispensary Allowance.
- Furniture Allowance.
- Life Insurance.
NABARD Grade A Salary 2023: Deductions
The total earnings are subject to deduction of specific amounts. The table below will help you understand the criteria for deductions related to provident fund, medical premium, income tax, and other applicable deductions.
|Prov. Fund/NPS||Rs. 6,130|
|Medical Premium||Rs. 180|
|Lounge Subs||Rs. 400|
|Income Tax||Rs. 2,323|
|Relief Fund Contribution||Rs. 200|
|Total Deduction||Rs. 9,053|