SEBI Grade A Salary: CTC, Allowances, Perks, Increments & Salary Slip

A SEBI Grade A officer enjoys a competitive salary package, including various allowances, perks, and benefits. This financial reward, coupled with multiple opportunities for career growth, excellent work-life balance, and the prestige of working in a regulatory body, makes rigorous preparation for this exam worthwhile for many aspirants like you.

We’ll break down each component of the SEBI Grade A salary to help you understand the CTC, allowances, perks, and average take-home salary of a SEBI Grade A assistant manager and even compare it to IAS, SEBI Grade A, NABARD Grade A officer, IBPS PO, and SBI PO.

CTC of SEBI Grade A Officer

• Officers recruited for SEBI Grade A posts are entitled to get a handsome salary and various other allowances. 
• Currently, the annual CTC of a Grade A officer at SEBI is around ₹23 lakhs. 

SEBI Grade A Officer Salary Structure: Detailed Break-up

• The salary structure for SEBI Grade A officers includes basic pay, house rent allowance (HRA), dearness allowance (DA), and other allowances. 
• The latest starting basic salary for Grade A officers in SEBI is ₹44,500 per month, and all the monthly and annual allowances are added to this amount.

SEBI Grade A Gross Salary

Here is the gross salary of a SEBI Grade A officer:

Important Note: DA is given as % of basic pay, which keeps on varying.

As per the latest notification of SEBI Grade A, the monthly gross emolument for a SEBI Grade A officer is ₹1,49,500, which totals up to ₹18 lakh per annum.

Along with the monthly gross salary, a SEBI Grade A officer is entitled to various monthly and yearly allowances.

Allowances of SEBI Grade A Officer Salary

• A SEBI Grade A officer receives a comprehensive salary package, which includes various monthly and yearly allowances in addition to the basic pay. 
• An officer receives a petrol allowance every month and newspaper, servant/maid, and telephone allowances every quarter. 
• Along with these allowances, they are entitled to receive many yearly allowances such as books, furniture, medical, briefcase, etc. 

Let’s understand the breakdown of these SEBI Grade A Officer allowances:

Basic + Dearness Allowance (DA) + Special Allowance + Family Allowance

• This forms the core of the salary, totaling ₹1,49,500 per month. 
• If you opt for housing provided by SEBI, a deduction of ₹38,500 is made from your salary, and your in-hand is ₹1,11,000 per month.

Petrol Allowance

• SEBI provides a petrol allowance of ₹21,700 per month, which amounts to ₹2,60,400 yearly. 
• This allowance covers 200 litres of petrol per month at the rate of ₹108 per litre. 

Servant/Maid Allowance

• A quarterly allowance of ₹5,000 is provided to the SEBI Grade A officer, summing up to ₹60,000 per year. 
• By outsourcing household chores, officers can focus more on their job responsibilities and maintain a healthy work-life equilibrium. 

Medical Allowance

• SEBI Grade A Officers receive ₹4,333 per month to cover medical expenses, totaling ₹52,000 per year. 
• This annual medical allowance supports officers in maintaining their health and well-being. It can be used for routine medical check-ups, healthcare expenses, or unforeseen medical emergencies.

Furniture Allowance

• SEBI offers a furniture allowance of ₹4,000 per month. Officers receive a lump sum of ₹1.8 lakhs every 5 years. 
• In the remaining 4 years, they receive a monthly allowance of ₹18,000, which adds up to approximately ₹72,000 (in four years) for furniture maintenance. 

Telephone Allowance

• SEBI provides a telephone allowance of ₹2,700 per month, equivalent to ₹32,400 per year. 
• This allowance is paid quarterly.

Laptop Allowance

• A laptop allowance of around ₹1,000 per month is given to an officer after every 4 years, which is around ₹40,000.

Newspaper Allowance

• SEBI offers an allowance of ₹800 per month for newspapers, which totals ₹9,800 per year, allowing officers to stay informed. 
• This allowance is paid quarterly.

Sodexo

• SEBI provides a Sodexo allowance of ₹800 per month, amounting to ₹9,600 per year.
• Sodexo vouchers can be used for meal expenses, adding to the convenience of officers.
• This is given annually.

Books

• SEBI encourages officers to expand their knowledge and expertise by providing them with an annual book allowance of ₹600 per month, totaling ₹7,000 per year. 

Spectacle Allowance

• Good vision is essential for officers in their roles. In order to ensure good eye vision, SEBI offers its Grade A officers a spectacle allowance of ₹600 per month, which sums up to ₹7,000 per year. 
• This allowance is given annually. 

Briefcase Allowance

• An officer receives a briefcase allowance of ₹4,000 annually (₹350 per month).

The total annual allowance package amounts to ₹1,91,650. 

When combined with the basic salary, it results in a yearly total salary of ₹22,99,800 for a newly recruited SEBI Grade A officer, making it a highly competitive and attractive salary package.

In-Hand Salary of SEBI Grade A Officer

• The total gross salary of a SEBI Grade A officer is ₹1,49,500 (approx.). 
• There is a deduction of ₹39,000 (NPS, Professional Tax, Income Tax, Medical Assistant Fund, etc.) in the salary. 

Important Points: 

• Whatever the deduction in NPS, the SEBI will contribute approximately an equal amount to your NPS account.
• The salary deduction can vary from officer to officer depending on the variations in allowances and claims.

After understanding the salary deduction, let’s understand the in-hand salary of a SEBI Grade A officer after taxes:

After NPS contribution and tax deduction, the in-hand salary of a SEBI Grade A officer totals up to approximately ₹18.30 lakhs per annum.

SEBI Grade A Officer Salary Slip

The salary slip of a SEBI Grade A officer provides a detailed breakdown of their monthly compensation – basic pay, HRA, grade allowance, dearness allowance, gross pay, income tax, etc. 

Important Note: The specific components and deductions of a SEBI Grade A officer may vary according to the city they are posted in.

Important Note: The above information is intended to provide a general idea of the components of a SEBI Grade A salary without disclosing sensitive details.

If you’re under the impression that a SEBI Grade A officer’s salary is limited to ₹18.30 lakhs, think again. This figure represents just the initial salary for SEBI Grade A officers. In addition to this, a SEBI officer enjoys a variety of additional perks and benefits. 

SEBI Grade A Salary: Additional Perks and Benefits

Here are the additional perks and benefits that a SEBI Assistant Manager gets:

Canteen Facilities 

• Canteen facilities are available for SEBI Assistant Managers to ensure they can access subsidized meals and refreshments at work. 
• This includes unlimited lunch for ₹100 for the whole month. 

Gym Facilities

• SEBI Grade A officers get free access to gym facilities. 
• It helps them engage in regular physical activities to promote a healthy and active lifestyle. 

Sports Facilities

• SEBI prioritizes the well-being of its employees and consistently organizes a range of sports activities to promote good physical health. 
• These activities encompass cricket, badminton tournaments, and more. 

Party

• SEBI allocates a budget of ₹5000 biannually for each of its employees. 
• This budget is specifically earmarked for hosting and organizing parties for officers.

BSP Program

• SEBI organizes a BSP program, also known as a brainstorming session, every year to generate ideas, solve problems, and discuss potential strategies. 
• SEBI allocates a budget of ₹11,000 per person per year for the BSP program. 

Children’s Education

• As a SEBI Grade A officer with children, you are eligible to receive an educational allowance of ₹7,000 per month for each child, with a maximum limit of 2 children. 
• This allowance is intended to support and contribute to their education.

Leaves & Holidays for SEBI Grade A Officer

• After working hard for five days from Monday to Friday, SEBI officers are rewarded with two well-deserved days off, i.e., Saturday and Sunday. 
• In addition to this, they are entitled to receive approximately an additional 15 days off for national holidays. 
• The perks don’t end there; SEBI officers also enjoy an allocation of 42 casual and other leaves, culminating in a total of 160 days of leave in a year. 

We have summarized the above information in the table below.

Now that you’re familiar with the extra perks and advantages, let’s delve into the yearly increment.

Annual Salary Increment for SEBI Grade A Officer

The official SEBI notification states that the pay scale for the SEBI Grade A Officer is ₹44500-2500(4) – 54500-2850(7) – 74450-EB-2850(4) – 85850-3300(1) – 89150 (17 years).

This means the starting basic pay for a SEBI Grade A officer as a new joinee is ₹44,500 per month. Here is a detailed explanation of the annual increment:

• The initial increment of ₹2,500 for SEBI Grade A officers for up to 4 years.
• After 4 Years: ₹54,500 basic pay with an increment of ₹2,850 for the next 7 years.
• After 11 Years: Increment of ₹2,850 for the following 4 years, resulting in a basic pay of ₹74,450.
• After 16 Years: ₹85,850 basic pay with an increment of ₹3,300 for the next 1 year.
• After 17 Years: The maximum basic pay reaches ₹89,150.

Important Note: This annual increment is without getting any promotion. 

We have summarized the above information in the table below.

With a grasp of the annual increment, let’s understand the average salary of a SEBI grade A officer over the years.

SEBI Grade A Officer Salary After 5, 10, 15, 20, & 25 Years

Here is the average salary of a SEBI Grade A officer after 5, 10, 15, 20, and 25 years:

Important Note: This is just the basic salary (without allowances). This is the fixed component for all SEBI Grade A officers, while the other components vary from person to person. 

With a grasp of the average salary of a SEBI Grade A officer, let’s shift our focus to the promotions.

Promotions of SEBI Grade A Officer

• SEBI Grade A offers ample opportunities for promotions and career growth. 
• Once on board as an Assistant Manager (Grade A), the career progression begins, climbing from Assistant Manager to Chief General Manager. 

Here’s an overview of the promotion hierarchy for SEBI Grade A officers:

1. Assistant Manager (Grade A)

• Role: This is the entry-level position where candidates join SEBI after clearing the SEBI Grade A examination. They typically start their careers in one of the various departments such as General, Legal, Information Technology, or others.
• Probation Period: Typically, a 2-year probation period.
• Promotion: Officers become eligible for promotion after completing 3-5 years. The promotion is based on a comprehensive assessment of the officers’ performance throughout these years and how well they perform in the interview. 

2. Manager (Grade A)

• Role: Managers at SEBI are responsible for managing and implementing regulatory policies, supervising staff, and ensuring compliance with SEBI’s guidelines.
• Promotion: The promotion procedure is the same as the assistant manager. 

3. Assistant General Manager (Grade C)

• Role: Assistant general managers are often involved in policy formulation, regulatory enforcement, and overseeing critical functions. 
• Promotion: The promotion procedure is the same as the manager. 

4. Deputy General Manager (Grade D)

• Role: Deputy general managers have substantial authority in managing departments and implementing regulatory policies
• Promotion: The promotion procedure is the same as the assistant general manager.

5. General Manager (Grade E)

• Role: General managers play a pivotal role in shaping SEBI’s policies and regulations. They provide strategic guidance and make decisions within their departments. 
• Promotion: A general manager becomes eligible for promotion on completion of minimum stipulated years of service, followed by an interview.

6. Chief General Manager (Grade F)

• Role: The key responsibilities of a chief general manager are to oversee major divisions, set organizational objectives, etc. They also ensure the efficient implementation of SEBI’s regulatory framework. 
• Promotion: A chief general manager becomes eligible for promotion on completion of minimum stipulated years of service, followed by an interview. 

7. Executive Director

• Role: An executive director role involves high-level decision-making and steering SEBI towards its goals.
• Promotion: Appointed by the Government of India.

8. Whole Time Director

• Role: A whole time director is responsible for the organization’s overall management and operations, policy formulation, and ensuring the effectiveness of SEBI’s regulatory functions.
• Promotion: Appointed by the Government of India.

9. Chairperson

• Role: Chairperson is the highest position in the SEBI, responsible for providing visionary leadership, overseeing all aspects of SEBI’s operations, and representing the organization at the national and international levels.
• Promotion: Appointed by the Government of India.

We have summarized the above information in the table below.

Conclusion

Above, we have explained all the details regarding SEBI Grade A officer salary. The SEBI Grade A officer position offers a competitive salary package of ₹23 lakhs, including a good basic salary, various allowances, and benefits. Besides this, a SEBI Grade A officer also enjoys regular annual increments and promotions, various facilities—canteen, gym, sports—biannual parties, and more.