NABARD Grade A Salary: Check Job Profile, Promotion and Perks

NABARD Grade A Salary: Check Job Profile, Promotion and Perks

ByAkash Mishra  |  Updated on: Sep 22, 2021
NABARD Grade A & B Salary and Job Profile 2022: Get the details of the in-hand salary, basic pay, job profile, perks, career growth and promotion of the NABARD Grade A & B officers.
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The candidates are often found surged with curiosity about the NABARD Grade A and B salary 2022 and perks. This post will walk you through the salary and the job profile. It is of utmost importance for the candidates to analyze whether they are an impeccable fit for the job or not.

The precise recognition of the job profile, salary structure and the perks entitled to the post are essential details. The attractive salary package and the highly reputed job profile fills in the motivation among the candidates. 

These details of the NABARD Grade A & B job profile, work environment, in-hand salary and perks will cater to the doubts that you have for this exam and aid in uplifting your understanding of the exam.

National Bank for Agriculture and Rural Development (NABARD) will soon issue the notification for the recruitment of Assistant Managers (Grade A) for different disciplines in Rural Development Banking Services (RDBS).

Thus, candidates applying for the NABARD Grade A 2022 exam must go through the NABARD Grade A (Assistant Manager) salary 2022, NABARD Grade B (Manager), and other such details like career growth & promotions here.

Salary of NABARD Grade A Officer (Assistant Manager)

The National Bank for Agriculture and Rural Development offers a lucrative salary to the Assistant Managers. The table below possesses the salary structure of the NABARD Grade A Officers. Navigate through the table for the pertinent information. 

Salary 

Amount 

Basic Pay 

28,150/-  p.m

Pay Scale 

28150-1550(4) -34350-1750(7) – 46600 –EB - 1750(4)- 53600-2000(1)-55600

Monthly Emoluments 

₹ 70,000

In-Hand salary 

₹ 62,600/- p.m.

 

NABARD Grade A Officer- Allowances and Benefits 

Along with the handsome salary package they are also entitled to numerous allowances and benefits. Take a look at the table schematized below to gain knowledge about the allowances received by the Grade A officers. 

Allowances received by the Grade A Officer 

  • Dearness Allowance 
  • Local Compensatory Allowance
  • House Rent Allowance 
  • Grade Allowance 
  • Book grant 
  • Telephone allowances 
  • Furniture Allowances 
  • Festival Allowance 

Officers in NABARD Grade A are also eligible for reimbursements for certain expenses. The list of the reimbursements availed by them are as follows:

Reimbursements received by the Officers 

  • Newspaper 
  • Internet 
  • Book grant 
  • Leave Travel concession 
  • Loans at concessionary rates

Salary of NABARD Grade B (Manager)

The NABARD Grade B Officers receive a higher amount of salary and the details of it are mentioned herein. Navigate through the table to get complete information about the Grade B salary structure and the numerous allowances and benefits they are entitled to. 

Salary 

Amount 

Basic Salary 

₹ 35150/- p.m.

In-hand salary 

₹ 73600/- p.m.

The Allowances received by the Grade B Officers are mentioned herewith. The table is schematized underneath, the allowances received by the Grade B officers are the same. 

Allowances received by the Grade B Officer 

  • Dearness Allowance 
  • Local Compensatory Allowance
  • House Rent Allowance 
  • Grade Allowance 
  • Book grant 
  • Telephone allowances 
  • Furniture Allowances 
  • Festival Allowance 

Apart from the mounted salaries, the allowances/ benefits/ perks are as follows:

  1. Telephone: Rs. 1000/-
  2. NewsPaper: Rs. 1000/-
  3. Maid: Rs. 2000/-

There are also various alternative allowances that an Asst. Manager/ Manager in NABARD gets to cash-in.

NABARD Grade A and B Job Profile

You can find all the details about NABARD Grade A (Assistant Manager) job profile along with NABARD Grade B (Manager) Job profile below. 

Job Profile of NABARD Grade A (Assistant Manager)

The candidates who will make their way through the NABARD Grade A job screening process will be recruited as the Assistant Managers. The duties and the responsibilities that the Assistant Managers have to do are enlisted below: 

  • The post of Assistant Manager is the lowest one in the hierarchy of managerial posts.
  • The probation period is of 2 years, which can be further extended for a maximum of 1 year at the discretion of the bank.
  • Since there is no specified work profile of an Assistant Manager, which clarifies that he has to do a lot of multitasking.
  • Any work assigned by the Chief General Manager of RO is to be carried out by him.
  • An Assistant Manager has to work on various policies and programmes mandated by Central/State Governments related to Agriculture and Rural Development.
  • Although one is liable to be posted anywhere in India the postings are generally limited to state capitals only. Moreover, as per the HR policy home state postings are not allowed.

Job Profile of NABARD Grade B (Manager)

The job profile of the NABARD Grade B post is mentioned herewith. Check out the duties of the Manager in the NABARD Bank. 

  • The post of Manager is the next post in the hierarchy to Assistant Manager.
  • A manager is entrusted with the responsibilities to maintain customer relationships, monitor the accounting procedures, approve loans, enable smooth functioning of the office, coordinate with various departments, and facilitate inter-departmental assignments.

NABARD Grade A & B Career Growth and Promotion

As far as promotions are concerned, one gets promoted only after going through departmental exams and interviews. But as these, both are managerial posts further promotions bring in considerable prestige and pay hikes. The hierarchy of posts right from the post of Assistant Manager is as follows -

  1. Assistant Manager
  2. Manager
  3. Assistant General Manager
  4. Deputy General Manager
  5. General Manager
  6. Chief General Manager
  7. Executive Director
  8. Director

The designation after a Manager post is that of Assistant General Manager which is a highly prestigious post and brings its own set of challenges. An AGM can be posted as a District Development Manager (DDM) in a rural district that works from a residence cum office. It is a one-man office and DDM is entrusted with the responsibility for encouraging rural development activities and monitoring their progress.

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NABARD Grade A and B Work Environment

The work pressure for both posts is low compared to PSBs. It also depends on the magnitude of the operations of a branch. NABARD Grade A & Grade B is five days working a job which allows a person to maintain a good work-life balance at NABARD.

Pros of NABARD Grade A and B

There are various benefits concerning the NABARD Grade A & B Job. We have discussed the benefits of joining the NABARD Bank as the Assistant Manager. 

NABARD Grade A & B Pros

Take a look at the benefits of joining the NABARD Bank as an Assistant Manager. The Managers are entitled to numerous benefits. The Pros are illustrated herewith:  

  • NABARD offers a handsome salary with numerous allowances.
  • The office timing is fixed i.e. 09.30 Hrs to 17.30 Hrs though you may have to work sometimes beyond that if the situation arises.
  • One gets an opportunity to serve society as your work translates into social service.
  • NABARD also provides excellent accommodation facilities in almost all cities.
  • Posting only in state capitals and metros.
  • No corruption at all.

Considering the overall job profile and attached remunerations we can conclude that the posts of Assistant Manager and Manager at NABARD offer bright career prospects to the candidates. Due to the relatively low pressure at NABARD, one can also maintain his work-life balance and even continue his further studies and aspire for higher posts. And the most important thing is that as an officer at NABARD one contributes to bringing prosperity in the society and giving a push to rural India’s aspirations.

Check also: 

NABARD Salary FAQs

  • The basic salary of the NABARD Grade A officer is  ₹ 28150/- p.m. The pay scale followed is 28150-1550(4) -34350-1750(7) – 46600 –EB - 1750(4)- 53600-2000(1)-55600

  • Yes, there are several perks and allowances with the NABARD Grade A Salary such as  Dearness Allowance, Local Compensatory Allowance, House Rent Allowance, and Grade Allowance as per rules in force from time to time.

  • The official authorities of NABARD decide the salary of NABARD Grade A as well as of NABARD Grade B officers.

  • The candidates getting recruited as the NABARD Grade A Officers have to perform managerial tasks related to Agriculture and Development. They ought to be multi-taskers. They need to take up the work assigned by the Chief General Manager of RO. For more information on the duties and responsibilities of the Grade A Officers, you can refer to the post above.

  • The pay scale of the NABARD Grade A Officers is 28150-1550(4) -34350-1750(7) – 46600 –EB - 1750(4)- 53600-2000(1)-55600

  • The salary received by the NABARD Grade-A Officers in hand is ₹ 62,600/- p.m.

  • No, NABARD Grade A is not a Gazetted Officer post.

Regulatory Bodies

Regulatory ExamsRBI Grade BSEBI Grade AFCISIDBINABARDUPSC EPFO