NICL AO Salary 2021: NICL has illustrated the basic pay scale of NICL AO Salary 2021 in the Official Notification PDF of NICL AO. As per NICL AO Official Notification 2021, an Administrative Officer will earn a basic pay of Rs.32, 795/- with an increment of Rs.1, 610/- for 14 times. An AO will be provided the increment after 1 year of joining. The basic salary of an NICL AO can be maximized to Rs.62, 315/-. There are also various allowances and benefits offered to an AO of NICL. NICL AO gets opportunities for career growth and promotion after a certain period of working.
Aspirants who hold the essential criteria of NICL AO Eligibility 2021 can appear in the NICL AO Prelims are expected to be held in the month of June 2021. Entrants who get qualified in the Prelims Exam by achieving the NICL AO Cut-Off 2021 can appear for NICL AO Mains are expected to be held in the month of July 2021. As per NICL AO Vacancy 2021, there are more than 450 vacant seats available in NICL AO 2021. It is important to know that the competition in the SBI Clerk exam will be hard.
Here are highlighted key points of NICL AO Salary 2021:
Highlights of NICL AO Salary | |
Post Name | Administrative Officer (AO) |
Basic Pay | Per Month Rs.32,795/- |
Pay Scale | 32795-1610/14 – 55335-1745/4 – 62315 |
Emoluments (Total) | Per Month Rs.51,000/- |
Cost to Company (CTC) | Per Annum Rs.6,50,000/- |
An AO or Administrative Officer will earn an NICL AO Pay Scale of 32795-1610/14 – 55335-1745/4 – 62315. A candidate will be provided Rs.32, 795/- as the basic pay in the first year. After 1 year of joining there will be advance increments of Rs.1, 610/- for 14 times. And after those 14 increments, there will be an increment of Rs.1, 745/-for the next 5 years. And finally, the AO will get the maximum of Rs.62, 315/- for the rest of his/her employment. Here is the Pay Scale of NICL AO in the following table:
NICL AO Salary 2021: Salary Structure | ||
No. of Increments | Basic Pay | Increment |
14 | 32,795 | 1,610 |
5 | 55,335 | 1,745 |
Maximum | 62,315 | – |
An NICL AO will earn various allowances and reimbursements including the basic pay. With all allowances and reimbursements, an AO will earn the NIL AO In-Hand Salary of Rs.51, 000/- per month. The complete NICLAO Allowances & Reimbursements are listed down below:
NICL AO Allowances & Reimbursement |
Dearness Allowance: Govt. provides the DA or Dearness Allowance as the cost of living adjustment allowance. The DA is based on the CPI (Consumer Price Index). According to Govt. latest rule, the amount of DA is Rs.8, 605/- The DA rises when the inflation is high and falls when the inflation is low. |
House Rent Allowance: The House Rent Allowance is completely dependent on the city where the employee is posting. The HRA is high in the Metro cities, but less in rural areas. |
Medical Allowance |
City Compensatory Allowance |
Transport Allowance |
Furniture Allowance |
Books, Magazine, Newspaper Allowance |
Briefcase Allowance |
Entertainment Allowance |
Company Accommodation / Leased Accommodation |
Telephone Bill Allowance |
Apart from these allowances and reimbursements, there are also some other benefits and perks provided by NICL. For being an NICL AO, the employee can earn lots of perks and facilities. Like:
Aspirants who want to be a part of National Insurance Company Limited as an Administrative Officer should understand the NICL AO Job Profile and NICL AO Job Responsibility. The job profile of an NICL AO is described down below:
Career Growth and Promotion is an important part of the NICL AO (Administrative Officer) post. The promotion in NICL is not as fast as the bank. The Administrative Officer can apply for promotion after a certain period. There are some specific internal exams and interviews for achieving promotions.
The exam authority is expected to begin the NICL AO Apply Online 2021 link and Registration Process from the month of March 2021. Aspiring candidates must follow the NICL AO Exam Pattern 2021 and NICL AO Syllabus 2021 from the start. The NICL AO Recruitment will be conducted through two online written tests: Preliminary Exam & Main Exam and an Interview Round. Candidates must obtain scores above or equal to the cut-off marks to get qualified for the next phase or next round.
An AO or Administrative Officer will earn an NICL AO Pay Scale of 32795-1610/14 – 55335-1745/4 – 62315. A candidate will be provided Rs.32, 795/- as the basic pay in the first year. As an Administrative Officer or AO, the employee has to do various works like Underwriting, Claim Settlements, Supervision the work of Assistants, Risk Assessment, Assign works to his/her team, etc. Hence, it can be said that an NICL AO has lots of roles and responsibilities.
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