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SEBI Grade A Cut Off 2025 for Phase 1, Phase 2 & Final

Anuj Jindal / 20 min read / Last Updated: May 29, 2026

Topics Covered: SEBI Grade A Cutoff from 2024-2018, How to check SEBI Cutoff, SEBI Previous Cutoff, SEBI Previous Cutoff

The SEBI Grade A cut-off is the minimum marks required that you will need to qualify for the next stage of the exam or move towards final selection. 

SEBI releases the cut-off for each stage of the exam, including Phase 1, Phase 2, and the final stage. It includes both sectional cut-offs and overall cut-offs, which means you must score minimum marks in each section as well as in total. 

These cut-offs change every year based on factors like exam difficulty, number of candidates, and overall performance. 

By checking past cut-off marks, you can understand the level of competition and have clarity about your own preparation. 

In this article, we will cover the SEBI Grade A cut-off for Phase 1, Phase 2, and final selection, along with category-wise marks and previous year trends so that you clearly understand the score required at each stage. 

Table of Content – SEBI Grade A
Cut Off 2025 for Phase 1, Phase 2 & Final

SEBI Grade A 2026 Cut Off

Going through the trend in cutoffs released over the years for SEBI Grade A will help you examine the difficulty level of the exam. 

  • The SEBI Grade A cutoff is released for all three stages – 
    • Phase I 
    • Phase II 
    • Interview 
  • It is important to note that a sectional as well as an aggregate cutoff is declared for Phase I and Phase II. 
  • Apart from this, separate cutoffs are announced for different categories. 

By checking the latest SEBI Grade A cutoff for 2024, you’ll get an overall idea about the upcoming SEBI Grade A exam. 

With regular practice and mock tests, you can improve your score step by step and feel more confident. 

SEBI Grade A Cut Off 2024 – PHASE 1

All Streams and across all categories Paper 1 (Out of 100)Paper 2 (Out of 100)Aggregate Marks (Out of 200)
Marks to Clear the Exam304080

SEBI Grade A Cut Off 2024 – PHASE 2

Stream (General)SCSTOBC (NCL)EWSURPwBD (Autism/ID/etc)* PwBD (B & LV)**PwBD (OH)**
Aggregate Cut off62.564.563.8362.566.5675457

Note –

*Earmarked from EWS Category
** Earmarked from Unreserved Category

SEBI Grade A Cut Off 2024 – FINAL

Stream (General)SCSTOBCEWSURPwBD(LV)PwBD(OH)PwBD (D & HH)
Aggregate Cut Off (Out of 100)62.8762.4265.7564.7269.3055.0559.55-

How to check latest SEBI Grade A Cut-off?

Step 01: Go to the website of SEBI. 

Step 02: Hover to the ‘About’ menu then tap on ‘Careers’ option. 

Step 03: Once the new page opens, click on ‘Result’ option. 

Step 04: You will find the latest SEBI Grade A cut off here. 

*Note – You can also select the filter to check the previous year’s cut-offs. 

Step 05: Click on “SEBI Grade A recruitment – Cut off table for Phase 01 or 02 or Final”. 

Step 06: Then check and download the PDF. 

SEBI Grade A Previous Years Cut Off 

I have provided the list of previous years’ cutoffs for the past 03 years, from 2022 to 2018, in the tables given below. 

SEBI Grade A Cut Off 2022 – PHASE 1

All Streams and across all categories Paper 1 (Out of 100)Paper 2 (Out of 100)Aggregate Marks (Out of 200)
Marks to Clear the Exam304080

Candidates who were able to strike the qualifying marks given in the table above made it to the Phase 2 of the recruitment process.

SEBI Grade A Cut Off 2022 – PHASE 2

Stream (General)SCSTOBC (NCL)EWSURPwBD (ID & MD))PwBD (VI)PwBD (HI)PwBD (LD)
Aggregate Cut off55.6753.0058.0059.3362.3456.00*55.0052.33*57.00

Those who were able to score the marks specified in the table above, successfully booked their spot in the third and final phase, which is the Interview stage.

SEBI Grade A Cut Off 2022 – FINAL

All Streams and across all categories Paper 1 (Out of 100)Paper 2 (Out of 100)Aggregate Marks (Out of 200)
Marks to Clear the Exam304080

Those who were able to clear the interview cut off were rendered with final selection.

SEBI Grade A Cut Off 2020 – PHASE 1

All Streams and across all categories Paper 1 (Out of 100)Paper 2 (Out of 100)Aggregate Marks (Out of 200)
Marks to Clear the Exam304080

SEBI Grade A Cut Off 2020 – PHASE 2

Stream (General)SCSTOBC (NCL)EWSURPwBD (AU)PwBD (VI)PwBD (HI)PwBD (LD/MD/OD)
Aggregate Cut off57.6651.6760.0057.176649.00*57.1747.83*#

SEBI Grade A Cut Off 2020 – FINAL

Stream (General)SCSTOBC (NCL)EWSURPwBD (AU)PwBD (VI)PwBD (HI)
Aggregate Cut off59.5854.8862.2659.5869.2452.6561.1352.05

SEBI Grade A Cut Off 2018 – PHASE 1

Stream (General)GAQuantReasoningEnglishSecurities Market
Sectional Cut off1616161616
Stream (General)SCSTOBC (NCL)URPwBD (HH) PwBD (VH) PwBD (LD/AU/MD/OD)
Aggregate Cut off90103.5110119.25##102.25

The successful candidates in Phase I have been shortlisted according to merit. Other candidates, who have qualified, have not been shortlisted as they fall short in merit.

SEBI Grade A Cut Off 2018 – PHASE 2

Stream (General)SCSTOBC (NCL)URPwBD (HH)PwBD (LD/AU/MD/OD)
Aggregate Cut off173.00163.50181.50192##

# No Candidates qualified 

* All qualified candidates have been shortlisted. Remaining candidates have not met the qualifying criteria

  • The successful candidates in Phase II have been shortlisted according to merit. 
  • Other candidates, who have qualified, have not been shortlisted as they fall short in merit. 

Are you curious about the hand some salary of SEBI Grade A exam? Then, you can get more information about the SEBI Grade A Salary Structure in detail here. 

Factors Affecting SEBI Grade A Cut Off 

The SEBI Grade A cut-off changes every year based on different factors related to the exam and the candidates appearing for it, and understanding these will help you know what level of score to target. 

Some key factors that affect the cut-off are listed below: 

    • Number of Vacancies: When the number of available seats is low, more candidates compete for fewer positions, so the cut-off goes higher. When there are more vacancies, the cut-off may come down. 
    • Difficulty Level of Exam: If the exam, especially Paper 2, is difficult, most candidates score lower, so the cut-off decreases. If the paper is easier, more candidates score higher, so the cut-off increases. 
    • Number of Candidates: When more candidates appear for the exam, competition increases, which can push the cut-off higher. Fewer candidates can lead to a lower cut-off. 
    • Overall Performance of Candidates: The average score of all candidates plays a big role. If many candidates score high marks, the cut-off also rises. If scores are generally low, the cut-off drops. 
    • Sectional & Overall Requirements: Candidates must clear minimum marks in each section and in total. If many candidates fail to clear sectional marks, the overall cut-off may be affected. 
    • Category-wise Reservation: SEBI releases different cut-offs for categories like SC, ST, OBC, EWS, and PwBD, so the required marks vary based on category. 
    • Normalization Process: If the exam is held in multiple shifts, scores are adjusted to keep fairness. This can slightly increase or decrease final marks and affect the cut-off. 
    • Previous Year Trends: Previous cut-offs give an idea of expected scores, so candidates prepare accordingly, which can influence the current year’s cut-off. 

All these factors together decide the final cut-off for each stage. That is why the cut-off is not fixed and changes every year based on these conditions.

Conclusion

The SEBI Grade A cut-off helps you understand the minimum marks needed to move to the next stage and gives you a clear target for your preparation. By looking at current and past cut-offs, you can understand how much you should aim to score. 

Since the cut-off changes every year, it is always better to aim above the cut-off to stay on the safer side. This will give you a better chance of clearing each stage of the exam. 

All the best for your preparation! 

About Anuj Jindal

━━━━━
Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.

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FAQs: SEBI Grade A Cut Off 2025

  • image/svg+xmlimage/svg+xml
    Will SEBI Grade A Cut Off be released separately for Phase-1 & 2? 

    Yes. Since the phase 1 & 2 are different stages of the exam, therefore, the cut off is also different and separately released for each stage in the final result.  

  • image/svg+xmlimage/svg+xml
    What are the factors considered for SEBI Grade A Cut Off? 

    SEBI Grade A Cut Off is influenced by factors such as, the number of vacancies, difficulty level of exam, previous year cut off trends, etc. 

  • image/svg+xmlimage/svg+xml
    What was the previous year SEBI Grade A Cut Off? 

    The previous year cutoff for SEBI Grade A 2022 was released as follows: 

    • In Phase 1, the candidates required 30% marks in Paper 1, 40% marks in Paper 2 and an aggregate of 40% marks. 
    • For Phase 2, in General stream, the cutoff in Paper 2 was 62.34 marks out of 100 for the unreserved category.  
    • In the final stage, the cutoff marks for Interview was declared to be 64.82 out of 100 marks for the General category. 

    To know in detail, the SEBI Grade A cutoff 2022 marks for all categories, you can click on linked page.     

  • image/svg+xmlimage/svg+xml
    What is the SEBI Grade A Cutoff?
    SEBI Grade A cut-off is the minimum marks required that you need to score to qualify for the next stage of the exam or move towards final selection. It is released by the Securities and Exchange Board of India after each phase of the exam. 

    It includes both sectional and overall marks, which means you must score minimum marks in each section as well as in total. 

  • image/svg+xmlimage/svg+xml
    What is the cut off for SEBI Grade A Phase 1 exam?
    Based on recent trends, the SEBI Grade A Phase 1 cut-off is qualifying in nature and remains almost similar across years. 

    • Paper 1: 30 marks 
    • Paper 2: 40 marks 
    • Aggregate: 80 marks (out of 200) 

    You must clear both sectional and overall cut-off to qualify for Phase 2.

  • image/svg+xmlimage/svg+xml
    Is there a sectional cut-off in SEBI Grade A exam?
    Yes, the SEBI Grade A exam has a sectional cut-off. You need to score minimum marks in each section along with the overall cut-off. 

    If you do not clear the sectional cut-off, you will not qualify for the next stage, even if your total score is high. 

  • image/svg+xmlimage/svg+xml
    What is the pass mark for SEBI Grade A exam?
    There is no fixed pass mark in the SEBI Grade A exam. You need to score equal to or above the cut-off marks set by SEBI for each stage. This includes clearing both sectional cut-off and overall cut-off to move to the next stage or get selected. 

     

     

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