What's New in NABARD Grade A Exam: NABARD Grade A Mains Admit Card 2023 Released; Candidates for the upcoming exam can check and download the hall tickets from the official NABARD website. The NABARD Grade A Mains Exam 2023 is scheduled for November 19, 2023, and only those who cleared the prelims are eligible to participate.
NABARD Grade A Salary Structure: The National Bank for Agriculture and Rural Development (NABARD) has released NABARD assistant manager exam dates 2023. The notification was released on the official website. In the notification, the exam conducting body has also mentioned the NABARD assistant manager salary. NABARD assistant manager salary is one of the greatest luring factors for aspirants to apply for the position. According to the official notification, NABARD has segregated the basic pay and pay scale for candidates to have a better idea.
According to the official notification, candidates who will be selected will be eligible to get a basic pay of Rs.44,500/- per month. Apart from a decent salary, candidates will be eligible to get other benefits such as dearness allowance, local compensatory allowance, house rent allowance and others. Further, Candidates selected for the post will be governed by "the defined contribution to New Pension Scheme (NPS)' in addition to the benefits of Gratuity and Group Term Insurance Plan.
Meanwhile, the NABARD assistant manager exam 2023 will be held in three stages including prelims, mains and interview. With that, the exam conducting body has released the NABARD exam dates 2023. As per the notification, the NABARD prelims exam 2023 will be held on October 16, 2023. Recently, the NABARD assistant manager application process 2023 was completed.
NABARD Exam 2023: Highlights
Candidates can take a look at the important points of the NABARD below:
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Particulars
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Details
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Exam Name
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National Bank For Agriculture And Rural Development Assistant Manager Exam
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Exam Conducting Body
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National Bank For Agriculture And Rural Development
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NABARD Assistant Manager Application Dates 2023
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September 02, to 23, 2023
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NABARD Prelims Exam Date 2023
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October 16, 2023
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Exam Mode
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Online
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NABARD Assistant Manager Total Vacancies
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150
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NABARD Assistant Manager Salary
NABARD in the official notification released the salary breakup for the post of Assistant Manager. It is no hidden fact that salary plays a pivotal role for candidates as they appear for the NABARD assistant manager exam. The position offers an attractive salary package. Further, NABARD has released both basic pay and pay scale for candidates in its official notification to have a better understanding of the honorarium they will be getting.
Apart from salary, the exam conducting body has also released details about the other perks they will be getting after qualifying for the NABARD assistant manager exam 2023.
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Pay Scale
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Basic Pay
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INR 2500
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INR 44,500
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INR 2850
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INR 54,500
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INR 2850
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INR 74,450 (EB)
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INR 3300
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INR 85,850
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Monthly Gross Emoluments
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INR 1,00,000
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NABARD Grade A Salary: Increments
Candidates appearing for the NABARD assistant manager exam should note that the NABARD grade A salary 2023 includes a fixed amount of pay scale. Also, the exam conducting body has released the number of years after which they will get their increment. Candidates can take a look at the following increment for NABARD Grade A assistant manager below:
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Time Period
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Basic Pay
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Increment
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For the First Four Years
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INR 44,500
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INR 2500
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For the Next 7 Years
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INR 54,500
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INR 2850
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For the Next 4 Years
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INR 74,450
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INR 2850
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For the Next 4 Years
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INR 85,850
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INR 3300 for 1 Year
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Max Basic Pay
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INR 89,150
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Till retirement
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NABARD Grade A Salary 2023 Deductions
Along with the salary, there are a bunch of deductions that a candidate should know. Here are a bunch of deductions in a qualified candidate’s salary.
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Particulars
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Deductions
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Provident Fund/NPS
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INR 6,130
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Medical Premium
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INR 180
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Lounge Subs
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INR 400
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Income Tax
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INR 2,323
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Relief Fund Contributions
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INR 200
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Total Deductions
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INR 9,053
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NABARD Assistant Manager Perks
Apart from a decent salary, the exam conducting body also gives various perks for those candidates who have qualified the examination. Candidates can take a look at the following allowances that candidates will get once they qualify the exam.
- Dearness Allowance
- Dispensary Allowance
- Furniture Allowance
- Vehicle maintenance
- Newspaper
- Local Compensatory Allowance
- House Rent Allowance
- Grade Allowance
- Family Allowance
- Internet
- Telephone expenses
- Book grant
- Furnishing of residence
NOTE: All candidates selected for appointment by the Bank are liable to be posted and transferred anywhere in India.
NABARD Grade A Salary 2023 Benefits include
Candidates can take a look at the following benefits that are included in the NABARD assistant manager post. Aspirants can take a look at the following benefits below: `
- Candidates will get internet, newspaper, telephone charges, and book grants. Also, candidates will get an allowance for the furnishing done at their residence.
- Candidates can also avail free dispensary facility. Apart from that, candidates will get the reimbursement of medical expenses, along with the OPD treatment/hospitalization.
- Reduced interest rates for loans and advances related to housing, automobiles, children's education, and personal computers.
- Government-provided housing options are also accessible at select centers or residential locations
- NABARD grade A officers also can avail of the facility of NPS
NABARD Assistant Manager Promotions
Prospective candidates for NABARD assistant manager positions should be aware that there are favorable prospects for promotion to higher grades within the organization.
Upon promotion, candidates can expect a salary increase and an expansion of their roles and responsibilities. The attractive salary package and comprehensive benefits offered make this examination highly competitive, with a significant number of applicants each year.
Given the intense competition, the exam is expected to be quite challenging. Therefore, individuals who aspire to take the exam should prioritize thorough and dedicated preparation. It is recommended to consistently practice with mock test papers to improve your timing and performance in each section
Promotion of NABARD assistant manager in stages
- Assistant Manager
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Director
