NABARD Development Assistant Salary

NABARD Development Assistant Salary: National bank for Agricultural and Rural Development (NABARD) offers a decent salary and good career prospect for selected candidates who are recruited to the Development Assistant post. Before applying for a job, aspirants must always first look at the salary and perks of the respective job. NABARD Development Assistant is a highly lucrative and prestigious job opportunity for aspirants looking for a highly paid government job.

Candidates who applied to take this exam this year should be aware of the NABARD Development Assistant Salary 2023. The Development Assistant position offered by the National Bank For Agriculture & Rural Development (NABARD) is without a doubt one of the most prestigious. According to official information, selected candidates will be paid 32000 rupees per month. In this article, we will provide you with detailed information on NABARD Development Assistant Salary. So, continue reading to learn more.

NABARD Development Assistant Salary Structure

The monthly salary for a NABARD Development Assistant Salary is around Rs. 31,501. Selected candidates will be paid a starting basic salary of Rs. 14,650/- per month (plus two advance increments) on a pay scale of Rs. 13150 -750 -15400 -900 -19000 -1200-26200 -1300-28800-1480-33240 -1750 -34990 (20 years). Candidates can view the NABARD Development Assistant Salary from the table below:

Salary	Annual Increment	Number of years
Rs. 13150	Rs. 750	First 3 years
Rs. 15400	Rs. 900	Next 4 years
Rs. 19000	Rs. 1200	Next 6 years
Rs. 26200	Rs. 1300	Next 2 year
Rs. 28800	Rs. 1480	Next 3 year
Rs. 33240	Rs. 1750	Next 1 year
Rs. 34990	—–	Till retirement

NABARD Development Assistant Salary: NABARD DA Allowances

In addition to the Basic Pay, the Salary of Development Assistant in NABARD also includes the following allowances:

House Rent Allowance (HRA)
Dearness Allowance (DA)
Local Compensatory Allowance
Grade Allowance

NABARD Development Assistant Salary: NABARD Development Assistant Job Profile

The Development Assistant has a very essential and vital role in the banking industry. NABARD Development Assistant handles a variety of tasks. Some of the basic responsibilities are as follows:

Relationship Management
Dealing with the Issue of Policy for Various Programmes of Central/State Government.
Researching Ways to Bring in Additional Funds by Acquiring New Membership
Updating Donor Databases Responding to Members Queries.

NABARD Development Assistant Salary: Perks Of NABARD Development Assistant

Other perks of working as a Development Assistant in NABARD are as under:

Residential Accommodation
Reimbursement of Petrol for Vehicle for Official Purpose
Reimbursement of Newspaper, Briefcase, etc.
Allowance for Residence Furnishing
Reimbursement of Medical Expenses
Festival Advance (Interest-free)
LTC (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, Consumer Articles, Personal Computer, etc.
Defined Contribution to the New Pension Scheme (NPS)
Benefit of Gratuity and Optional Group Term Insurance Plan.

Candidates who are selected will be initially posted in NABARD’s Head Office or Regional Office for which they have applied. However, they are liable to be transferred anywhere in India.

NABARD Development Assistant Salary: NABARD DA Promotions

Once you join as a Development Assistant, you will get many chances to get promoted to a higher level. To get promoted one has to apply for the Departmental Promotion Test. To be eligible for the officer grade, one has to undergo a service of 3 years.

Here’s the Hierarchy Level for NABARD Development Assistant:

Development Assistant ⇒ Assistant Manager ⇒ Manager ⇒ Assistant General Manager ⇒ Deputy General Manager ⇒ General Manager ⇒ Chief General Manager ⇒ Executive Director ⇒ Director

Hope this article clarifies your doubts regarding Development Assistant Salary and Perks. Candidates appearing for the exam must have a clear knowledge of the syllabus & exam pattern. Based on that, they must plan their preparation. At Embibe, you can take NABARD mock tests for. Embibe also provides detailed feedback on your tests. This will help you overcome your conceptual weaknesses as well as loopholes in your strategy to take exams.

FAQs on NABARD Development Assistant Salary

Some of the frequently asked questions on the NABARD Development Assistant Salary are as follows:

Q: What is the salary of NABARD Development Assistant?

Ans: Candidates can check the salary of NABARD Development Assistant from this page.

Q: Does NABARD Development Assistant salary increase with time?

Ans: Yes. NABARD Development Assistant salary will increase periodically. The salary is also revised periodically. The details are given in this article.

Q: Does Embibe offer mock tests for NABARD Development Assistant?

Ans: Yes, Embibe offers mock tests for NABARD exams.

Q: How will the NABARD mock tests on Embibe help me with my exams?

Ans: Candidates can get detailed feedback on each of their mock tests to assess their performance. This way, they will be able to fill the gaps in their studies and score good marks.

Q: From where can I know complete details about NABARD Development Assistant Salary?

Ans: Candidates can check the NABARD Development Assistant salary on Embibe.

We hope this detailed article on NABARD Development Assistant Salary helps you. If you have any query regarding this article, drop your questions in the live chat box on the Embibe app or website. We will get back to you at the earliest.