National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body that is tasked with regulating the rural banking system of India. Therefore, NABARD is often considered as the peak development finance institution. One of the main functions of NABARD includes providing and regulating credit to the rural areas to accelerate the rural development of the country.
Thus, to ensure that the rural development of the country happens smoothly, NABARD conducts a recruitment drive every year to recruit eligible citizens in Grade A. NABARD Grade A is a golden opportunity for candidates aspiring to become a part of the banking sector. Therefore, NABARD Grade A is one of the most awaited exams among the aspirants in the country.
So, if you aspire to pursue a career as a NABARD Grade A Officer, it is safe to say that you must also be curious about the life and career of a NABARD Grade A Officer. It is imperative to understand the positives and negatives of the career choice that you will choose for the rest of your life. You must have a fair idea about the job profile, work environment, salary, perks & allowances, career prospects, etc. All this information will help you in making an informed decision.
Life of a NABARD Grade A Officer
Job Profile of a NABARD Grade A Officer
Upon selection, the candidates will be recruited as Assistant Managers in Grade A, which is the lowest post in the hierarchy of managerial posts. The duties and responsibilities of a NABARD Grade A Officer are as follows-
- Firstly, you will be on probation for a period of 2 years which may be subjected to an extension of 1 more year.
- In the beginning, you will be required to perform all kinds of basic job roles to understand the tasks and responsibilities of that job post.
- You will be required to perform managerial tasks or any other tasks that may be handed over by the senior.
- You may have to handle clerical work as well.
- You may also have to deal with the matters related to policies of various central and state government programs related to Agriculture & Rural Development.
- A NABARD Grade A Officer is liable to be posted anywhere in India. However, generally, the postings are limited to state capitals only.
- Salary of a NABARD Grade A Officer
- NABARD offers one of the most lucrative salary packages to the officers recruited in Grade A. Given below is the salary structure of a NABARD Grade A Officer (Assistant Manager).
| Salary | Amount |
|---|---|
| Basic Pay | Rs. 28,150/- per month |
| Pay Scale | 28150-1550(4) -34350-1750(7) – 46600 –EB - 1750(4)- 53600-2000(1)-55600 |
| Monthly Emoluments | Rs. 70,000/- per month |
| In-Hand Salary | Rs. 62,000/- per month |
Perks & Allowances
In addition to the handsome salary package, the NABARD Grade A Officers are also entitled to certain perks and allowances. They are as follows-
- Dearness Allowance, House Rent Allowance, Local Allowance, Family Allowance, Grade Allowance.
- You will enjoy accommodation facilities all over India. However, this facility is subjected to availability.
- Telephone, Newspaper and Maid allowance will also be provided to you.
- Furthermore, you will be eligible for reimbursement of medical expenses, Furniture allowance, Dispensary facilities, Interest-free festival advance, Leave fare concessions, Loans at concessional rates of interest (for House, Car, Education, Personal), and more.
Career Growth
From the career growth perspective, NABARD provides many opportunities to its employees to grow in the organization. NABARD conducts various internal promotional exams and interviews at regular intervals for the promotion of its employees. With every promotion, there is a considerable hike in the salary of a NABARD Grade A Officer along with an increase in the roles and responsibilities of the employee. The career growth of a NABARD Grade A Officer is as follows-
Looking at the overall work profile and remunerations of a NABARD Grade A Officer, we can conclude that the post of Assistant Manager at NABARD offers bright career prospects to the candidates. Since the work pressure at NABARD is relatively low, one can also maintain a work-life balance and even continue their further studies and aspire for higher posts.
Want to become a NABARD Grade A Officer?
NABARD Grade A is one of the most sought after competitive exams in India. Every year thousands of candidates appear to fulfill their dream of becoming a NABARD Grade A Officer. This implies that the competition to secure a job as a NABARD Grade A Officer is quite high.
Furthermore, NABARD Grade A 2022 notification is expected to be released soon. Therefore, it is essential that you begin your NABARD Grade A exam preparation right away. For this purpose, ixamBee is providing an exclusive NABARD Grade A Online Course. Moreover, they are also providing the NABARD Grade A free online mock tests and NABARD Grade A previous year question papers free of cost. All these resources combined will help you in streamlining your NABARD Grade A exam preparation.