NABARD Grade A 2019 Updates - Exam, Syllabus, Eligibility | Anujjindal.in

Posted by Anuj jindal on August 27th, 2019

Salary, Perks, and Emoluments of NABARD Grade A

As NABARD was a part of RBI before 1982, it shares the same work culture as RBI. There is a fixed salary as well as a certain level of perks and allowances entitled to Grade A Officers. Find below the details of NABARD Grade A officers Salary.

SALARY, PERKS, AND EMOLUMENTS  

Pay Scale:

Selected candidates will draw a starting basic pay of Rs.28150/- p.m. in the scale of 28150-1550(4) -34350-1750(7) – 46600 –EB – 1750(4)- 53600-2000(1)-55600 applicable to Officers in Grade ‘A’ and they will be eligible for Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance as per rules in force from time to time. At present, initial monthly gross emoluments are approximately Rs.61,000/-. 

Perquisites:

  • Bank’s accommodation subject to availability of the accommodation. 
  • Reimbursement of expenses for maintenance of vehicle for official purpose. 
  • Newspaper, internet, telephone charges, book grant, allowance for the furnishing of residence, etc. as per eligibility.  
  • Free dispensary facility besides reimbursement of medical expenses for OPD treatment/hospitalization as per eligibility.  
  • Interest-free festival advance. 
  • Leave Travel Concession (once in two years for self, spouse and eligible dependents). 
  • Loans and Advances at concessional rates of interest for Housing, Car, Education of children, Consumer articles, Personal computer, etc. 

Candidates selected for the post will be governed by “the defined contribution to the New Pension Scheme (NPS)’ in addition to the benefits of Gratuity and Optional Group Term Insurance Plan. 

  1. At certain centers, a limited number of residential quarters is available. Facility for securing residential accommodation on lease, however, exists at all centers. 
  2. The initial appointment of a selected applicant will be on probation for a period of 02years, which may, at the Bank’s discretion, be extended for a further maximum period of one year. 
  3. The selected candidates will be required to undergo induction training in the NationalBank Staff College, Lucknow followed by desk and field training in the Regional Offices. 

All candidates selected for appointment by the Bank are liable to be posted and transferred anywhere in India. 

Hence, all of these factors make the NABARD Grade A Officer job profile all the more desirable and attractive. 

Don’t forget to check out NABARD Grade A Selection Process and Vacancies.


Anuj jindal

About the Author

Anuj jindal
Joined: August 5th, 2019
Articles Posted: 20

Coin Farm - online farm with money withdrawal
Coin Farm - online investment game with real money withdrawal. Buy birds, sell eggs for real money. Your passive income is here.
Download The App - Celsius
Buy, Earn & Borrow on the Blockchain. Celsius Network lets you buy coins, earn interest on your crypto and borrow against it.
CryptoSlots: $1,000,000 Jackpot & Provably Fair Games
Provably Fair games, exciting wins, huge bonuses. ★CryptoSlots★ is your crypto casino of choice. Sign up in seconds to start winning!
MXC | Bitcoin Trading Platform-Bitcoin_Litecoin Real-time Price Quotes | MXC Exchange
MXC Exchange is the world's leading digital asset platform. It provides real-time price quotations in multiple currencies such as BTC, LTC and ETH, and supports hundreds of digital assets trading and investment information. MXC Exchange is best choice
Bitcoin Exchange | Cryptocurrency Exchange | Binance
Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume
BitStarz Online Casino
BitStarz is an award-winning bitcoin casino offering more than 2,200 casino games including slot machines, blackjack, poker, roulette, baccarat, bingo and more!