NIACL AO Salary 2024 In Hand: Check Administrative Officer Salary Slip, Allowances

The New India Assurance Company Limited offers attractive pay for the NIACL AO job. The candidates who are appearing for the NIACL AO recruitment for the Administrative Officer posts can check here the pay scale details. We have provided the NIACL AO salary 2024 details as given in the official notification. To know the allowance numbers, you can check the NIACL AO salary slip 2024. In the pay slip, you can refer to the in hand salary. Apart from the net pay, you can refer to the deductions in the salary slip . Thus, you can get a better understanding of the NIACL AO salary in hand 2024 by going through this page. Go through the full page to know much about the training period salary, career growth, etc. Also, check the FAQs section on NIACL AO salary slip, gross pay, net pay, etc.

Free Download NIACL AO Syllabus 2024 PDF

NIACL AO Cut Off

 

 

NIACL AO Salary 2024: Basic Pay Scale

Here are the basic pay scale and gross pay details regarding the NIACL AO salary 2024.

  • NIACL AO basic pay - Rs. 50,925/-

  • NIACL AO pay scale - Rs. 50925 - 2500 (14) - 85925 - 2710 (4) - 96765

  • NIACL AO Gross salary in Metropolitan Centers - approximately Rs. 88,000/- p.m.

 

NIACL AO Cracker Package 2024

NIACL AO Previous Year Question Paper

NIACL AO Salary Slip 2024

NIACL AO salary slip 2024 is shared below. From the NIACL AO salary slip, you can know the details of various components such as basic pay, allowances, etc. Also, you can know the approximate NIACL AO salary in hand.

Particulars

Amount

NIACL AO Basic Pay

Rs. 50,925/-

Allowances & Perks including DA, HA, TA & others

Rs. 29000 to 30000/-

NIACL AO Gross Salary

approximately Rs. 88,000/- p.m. (in Metropolitan Centers)

NIACL AO Salary In hand (net pay)

Rs. 70000 (approximately)

 

NIACL AO Vacancy

NIACL AO Salary In Hand 2024

The NIACL AO salary in hand amount is the net payment after the deductions done from the gross pay. the deductions may include professional tax, new pension scheme, TDS, etc. The net NIACL AO salary in hand 2024 ranges at Rs. 70000 approximately.

NIACL AO Allowances and Perks

The NIACL AO allowances and perks include:

  • Coverage under National Pension System governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc.

  • Dearness Allowance, HRA, TA, Newspaper allowance, etc.

  • The Officers are also entitled for Company’s / leased accommodation as per norms.

 

NIACL AO Training Period and Service Conditions

Apart from the salary details, it is also essential to know about the NIACL AO training period and service conditions.

Service Conditions:

  • Selected candidates may be posted or transferred anywhere in India.

  • The minimum stay at the initial place of posting will be 5 years.

  • In the case of a specialist cadre, candidates must continue in the same specialization for a minimum of 10 years.

  • They are eligible for promotions as per the Company rules.

 

NIACL AO Training Period:

  • NIACL AO Probation period - one year from the date of joining.

  • The NIACL AO probation period may be extended twice by a further period of six months at a time stretching up to one year.

  • During the NIACL AO probation period, the Officers have to pass the non-life Licentiate Examination conducted by the Insurance Institute of India.

  • Only after passing this exam, the Officer will be eligible for confirmation.

  • If you fail to pass this exam within the extended probation period, you will be terminated from service on the expiry of the period so specified.

  • The Company reserves the right to terminate the services of the candidate if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof.

 

FAQs

Q: What is the NIACL AO salary 2024 starting basic pay?

NIACL AO starting basic pay is Rs. 50,925/-

Q: What are the components included in the NIACL AO salary slip?

From the NIACL AO salary slip 2024, you can check the basic pay, allowances, deductions, gross pay, and net pay.

Q: What is the NIACL AO salary in hand?

NIACL AO salary in hand is approximately Rs. 70000.

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