SIDBI Grade A Salary 2022: The employees at Small Industries Development Bank of India will get an excellent pay scale and consistent career growth which is the major factor every year lakhs of banking aspirants dream of being employed at SIDBI. In this article, we have been discussed the complete detail for the revised SIDBI Grade A Salary 2022 including dearness allowances, HRA, travel allowance and other benefits. The candidates who are applying or planning to apply for 100 Assistant Manager vacancies released through SIDBI Grade A Recruitment 2022 must be aware of the pay scale and other details in terms of SIDBI Grade A Salary 2022. 

SIDBI Grade A Salary 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 PayRs. 28,150/-
Pay ScaleRs. 28150-1500(4)-34350-1750 (7)-46600-EB-1750(4)-53600-2000(1)-55600(17 years)
Increment4 stagnation increments
Grade AllowanceRs. 6000/-
Family Allowance4% of pay
Local Allowance5% of pay
House Rent Allowance10% of pay
Special AllowanceRs. 6,500/-
Special Compensation AllowanceRs. 625/- 
SIDBI Grade A Special PayRs. 2000/-
Net SalaryRs. 70,000/-

SIDBI Grade A Result 2022 Out- Click to Check

SIDBI Assistant Manager Salary 2022

The initial basic pay for SIDBI Grade A Officer is Rs. 28,150. The pay scale for the position of officers in Grade “A” is Rs. 28150-1500(4)-34350-1750 (7)-46600-EB-1750(4)-53600-2000(1)-55600(17 years), which means that the initial basic pay provided to any Grade A Officer will be Rs. 28,150 and after 4 annual increments of Rs. 1500, it will be Rs. 34,350 (at the end of the 5th year) which will ultimately become Rs. 55,600/- after 17 years. The in-hand SIDBI Assistant Manager Salary is around Rs. 70,000/- per month including various perks & allowances. 

DurationBasic PayGrade Pay
First 4 YearsRs. 28,150/-Rs. 1550/-
Next 7 yearsRs. 34,350/-Rs. 1750/-
Next 4 YearsRs. 46,600/-Rs. 1750/-
Next 1 YearRs. 53,600/-Rs. 2000/-
Next 17 YearsRs. 55,600/- 

SIDBI Grade A Salary- Perks & Allowances

The employees posted at Assistant Manager posts will be provided with 4 stagnation increments with initial basic pay. Apart from the basic pay, any SIDBI Grade A Officer receives various perks and benefits which are listed below:

  1. Dearness Allowance
  2. House Rent Allowance
  3. Special Allowance
  4. Family Allowance
  5. City Compensatory
  6. Local Allowance
  7. Learning Allowance
  8. PFA
  9. Grade Allowance
  10. Special Compensatory Allowance

SIDBI Grade A Syllabus & Exam Pattern 2022- Click for Details

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 NamePay Scale
Grade A Officer28150 – 1550(4) – 34350 – 1750(7) – 46600 -EB – 1750(4) – 53600 – 2000(1) – 55600 (17 years)
Grade B Officer35150 – 1750(9) – 50900 – EB – 1750(2) – 54400 – 2000(4) – 62400 (16 years)
Private Secretary in Grade B35150 – 1750(9) – 50900 – EB – 1750(2) -54400 – 2000(4) – 62400 – EB 1200(1) – 63600 -2150(4) – 72200 (21 years)
Grade C Officer49000 – 1750(3) – 54250 – 1900(2) – 58050 -2000(4) – 66050 – EB – 2000(2) – 70050 – 2150(1) – 72200 (13 years)
Grade D Officer68500 – 2150(2) – 72800 – 2250(6) – 86300(9 years)
Grade E Officer72800 – 2250(1) – 75050 – 2400(2) – 79850 – 2500(3) – 87350-3000(5) – 102350 (12 years)
Grade F Officer101900 – 3000(4) – 113900 (5 years)
Executive Director120500 – 3500(2) – 127500 (3 years)
SIDBI Grade A Salary: FAQs

Ans. The in-hand salary of SIDBI Assistant Manager is Rs. 70,000/- per month.

Ans. The initial basic pay offered to SIDBI Grade A Officer is Rs. 28,150.

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