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Source: https://timesofindia.indiatimes.com/Along with various allowances and benefits. Read this article to know all about NIACL AO's Work Profile and other details. If you are preparing for competitive exams and are looking for expert guidance, you can check out our monthly FREE Current Affairs E-book- Download Now.
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NIACL AO Work Profile
- Reviewing policies
- Checking Clauses
- Administrative Work
- Settling Insurance Claims
- Verifying the risk proposals
- Submitting official returns
NIACL AO Career GrowthThere is an internal exam conducted to promote officers. The performance in the job and in the exams are considered while promoting the officers. There are ample opportunities for career growth in NIACL. NIACL AO is eligible for promotion after three years of service. To avail of this promotion, they will have to appear for internal exams. Other than this, NIACL AO is eligible for promotion after 5 years of service through seniority. Officers' salary and allowances are increased in accordance with the promotions.
NIACL AO Salary 2021The pay scale of NIACL AO is Rs 32,795-1610(14)-55335-1745 (4)- 62315 which implies that the starting salary is Rs. 32,795 and there is an annual increment of Rs.1610 for 14 years from the date of recruitment. After that the salary is Rs. 55,335 with annual increments of Rs.1745 for the next four years, leading to the final salary amounting to Rs.62,315. The basic pay is Rs. 32,795. NIACL AO annual salary is approximately Rs 6,00,000 to Rs 6,50,000. The in-hand salary is Rs. 60,0000 (approximately). The salary structure is as follows:
|Basic Pay||Rs. 32,795|
|Payscale||Rs 32,795-1610(14)-55335-1745 (4)- 62315|
|In-hand Salary||Rs. 60,0000|
|Annual Salary||Rs 6,00,000 to Rs 6,50,000|
NIACL AO Allowances and BenefitsAlong with a handsome amount of salary, there are various allowances and benefits that NIACL AO receives. Some of them are as follows:
- House Rent Allowances
- Dearness Allowances
- Medical Benefits
- Leave Fare Concessions
- City Compensatory Allowances
- Travelling Allowances
- Group Personal Accident Insurance
- Other Allowances, etc
NIACL AO Work Profile FAQs
Q. What is the basic salary of NIACL AO?A. The basic salary of NIACL AO is Rs 32,795.
Q. Is there a probation period for NIACL AO?A. Yes, NIACL AO has to serve a probation period of one year.
Q. Are there opportunities for promotion for NIACL AO?A. Yes, there are opportunities for promotion for NIACL AO.
Q. What is the in-hand salary of NIACL AO?A. The in-hand salary of NIACL AO is Rs. 60,000.
Q. What is the minimum tern needed to be served in NIACL AO?A. NIACL AO will be required to submit an undertaking to serve NIACL for a minimum period of 4 years including the probation period.
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