NABARD Grade A Salary 2023, Revised Pay Scale, In-hand Salary

NABARD Grade A Salary 2023: National Bank for Agriculture and Rural Development (NABARD) is a single development financial institution or Apex-level bank that offers lucrative and handsome salaries to its employees. The employees enjoy all the benefits given to all the employees who work under the Central Government. The candidates who are going to apply for NABARD Grade-A Exam should know the detailed NABARD Grade A Salary Structure along with allowances offered to the candidates after their joining. In this article, we have discussed detailed NABARD Grade A salary, allowances, benefits and job responsibilities of the NABARD Grade A Officers. 

NABARD Grade A Salary 2023

The initial basic pay for NABARD Grade A Officer is Rs. 44,500/-p.m. in the scale of Rs. 44500 – 2500 (4) – 54500 – 2850 (7) – 74450 – EB – 2850 (4) – 85850 – 3300 (1) – 89150 (17 Years). An increment of Rs. 2500 is accepted for the pursuant 4 years. Additionally, with basic pay of Rs. 44,850, an increment of INR 1750 is accepted for the next seven years and so on. This makes the maximum average basic pay of NABARD Grade A Assistant Manager to be Rs. 89150. At present, initial monthly gross emoluments are approximately Rs. 1,00,000/-.

NABARD Grade A Salary Structure

The starting basic pay NABARD Grade A Salary has been raised to Rs. 44,500 along with Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, Special Allowance, Family Allowance, and Grade Allowance. To the total earnings, there is also a deduction as per government rules.

NABARD Grade A Admit Card 2023 Out - Click to Download

NABARD Grade A Exam Date 2023 Out- Click to Check

NABARD Grade A Salary- Increments 

The 1st increment of NABARD Grade A Officer is Rs. 2500 which continues for four years. Check the year-wise increment chart for NABARD Assistant Manager Grade A posts. 

NABARD Grade A Salary- Deductions

There is some fixed amount that is been deducted from total earnings. Check deduction for Provident fund, medical premium, income tax, and other parameters from the below table.  

NABARD Grade A Syllabus & Exam Pattern- Click to Check

NABARD Cut Off - Previous Year [Click to Check]

NABARD Grade A Probation Period

When candidates are recruited into NABARD, they are given training and must undergo a probation period of 2 years (extendable to 1 additional year). Trainees are explained their job roles & responsibilities during this period. At the end of the probation, they’re confirmed to the position of Assistant Managers and are posted at one of the regional banks of NABARD.

NABARD Grade A Job Profile

Once you are posted at one of the banks as an Assistant Manager, you will be assigned to a department that will be respective to your qualification. Here, at the regional NABARD office, you will report to the Chief General Manager (CGM).

Responsibilities of a Grade ‘A’ Assistant Manager

Work under the Manager & handle all clerical work assigned by the CGM.

Dealing with policy matters pertaining to Agriculture & Rural development of various State and Central Government programs.

Encompassing the activities in rural areas in Association with Banking Industry and the State Government.

NABARD Grade A Salary- Career Growth & Promotion

The candidates who will be selected for the NABARD Grade A post will further be promoted through departmental exams and interviews. The NABARD Grade A is a managerial post and the hierarchy of the promotion is as follows:

1. Assistant Manager
2. Manager
3. Assistant General Manager
4. Deputy General Manager
5. General Manager
6. Chief General Manager
7. Executive Director
8. Director