NABARD Grade A Salary 2023
NABARD Grade A Salary 2023: Are you looking for the details of NABARD Grade A Salary 2023? National Bank for Agriculture and Rural Development (NABARD)provides a decent salary to Grade A officers, making it an appealing career option. The NABARD Grade A Salary 2023 offered is highly motivating for candidates who are considering applying for this recruitment opportunity. Candidates can find the details of NABARD Grade A Salary 2023 such as salary structure, in-hand salary, perks and allowances, etc. here in this article.
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) |
|---|---|
| Basic Pay | 28,150 |
| Dearness Allowance | 27,154 |
| CCA/Local Allowance | 1,408 |
| Grade Allowance | 6,000 |
| Special Allowance | 1,625 |
| Family Allow | 1,126 |
| Spl Perq Allow | 2,323 |
| Total Earnings | 67,786 |
| Deductions | 9,053 |
| Net Pay | 58,733 |
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.
| Particulars | Amount (INR) |
|---|---|
| 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 |
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