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ECGC PO Salary 2023
Export Credit Guarantee Corporation (ECGC) of India is expected to release an official notification for the recruitment of PO soon on its official website. The job profile of a Probationary Officer attracts many banking aspirants because of its lucrative salary package and perks. In this article, we will be discussing what ECGC Offers to its probationary officers to give the aspirants a better overview. Here, candidates can check in detail ECGC PO Salary 2023.
ECGC PO Salary 2023
As aspirants are waiting for the ECGC PO Notification 2023, they have an eagerness to look after the salary of Probationary Officers in Export Credit Guarantee Corporation. The salary structure, job profile, and career growth should be know to the aspiring students so that they can realize whether they are suitable for the post or not. Along with the basic pay the in hand ECGC PO Salary includes the perks and allowances too.
ECGC PO Salary: Overview
An overview of ECGC PO Salary highlighting the important points from examination point of view are discussed in the given table.
|Organization||Export Credit Guarantee Corporation|
|Exam Name||ECGC Exam 2023|
|Selection Process||Online Exam, Interview|
|Vacancy||To be Notified|
ECGC PO Salary 2023 Pay Scale
Here, aspirants can have a go through of the pay scale, basic pay, maximum basic pay, total cost to company for ECGC PO Salary 2023.
|ECGC PO Salary 2023: Pay Scale|
|Pay Scale||INR 53600-2645(14)-90630-2865(4)-102090|
|Basic Pay||INR 53600 ( A increment of 2645 will be provided for 14 years)|
|Basic Pay after 14 years of service||INR 90,630|
|Maximum Basic Pay||INR 1,02,090|
|Total CTC ( Cost to company ) in Mumbai||16 Lakhs per annum|
ECGC PO Salary 2023 Salary Structure
It is to be noted that the in-hand salary is given according to a person posted in tier 1 city, so it will differ if a person gets posted in city y & z. The components of salary will also vary depending upon the place of your posting which will finally impact your in-hand salary.
|ECGC PO Salary 2023 : Salary Structure|
|City Compensation ( Depends upon the place of posting)||983|
|Special Functional Allowance||775|
|Deduction: NPS-ESIncome TaxProfessional Tax||57393200200|
|In hand Salary||1,22,534- 9139= 1,13,395 Approximately|
ECGC PO Salary Perks and Allowances
Apart from ECGC PO Salary also get certain other benefits in the form of perks and allowances which candidates can check below.
- Cash Medical Benefit- INR 13,300 per year
- Mobile Bill Reimbursement- INR 400 per month
- Mobile Handset Reimbursement – INR 10,000 once in three years.
- Entertainment Reimbursement – INR 800 per month
- Expenses for Household Help Reimbursement – INR 1000 per month.
- Furniture Allowance – INR 87500 + GST once in five years.
- Meal vouchers – INR 205 per working day
- Med claim coverage of up to 40 lakhs for the family. ( The candidate has to one-fourth of the premium)
- Office Carry Bag Reimbursement – INR 3000 once every three years.
- PLI BONUS – total yearly Basic + DA (Dearness Allowance) up to 6% ( maximum)
- Paid Leaves of 30 days every two years redeemed on Basic, DA, CCA
- Defined Pension Scheme – The corporation makes an equal contribution of 10% Basic Pay + DA
- Travel Allowance – 2nd AC fare of 4500 km each to and fro with family every two years / Leave Travel Concession to Hometown for self every year
ECGC PO Salary 2023: Job Profile
Aspirants preparing for ECGC PO should be acquainted with the responsibilities that they have to perform as Probationary Officers. Here, we have provided the ECGC PO Job Profile.
- Probationary Officers in ECGC have to handle the export transactions.
- A PO has to prepare reports on business transactions as well.
- ECGC PO is posted in only cities as there are no rural branches of ECGC.
ECGC PO Salary 2023: Career Growth
ECGC PO is a highly recognized & reputed job. Export Credit Guarantee Corporation offers probationary officers very good career growth along with a handsome salary package. Candidates can check below the career growth of ECGC PO.
- Executive Officer/Probationary Officer – Scale I
- Assistant Manager – Scale-II
- Manager – Scale III
- Senior Manager – Scale IV
- Assistant General Manager – Scale V
Also, Check Here Important Links:
|ECGC PO Recruitment||ECGC PO Previous year Question Paper PDF with Solution|
|ECGC PO Syllabus & Exam Pattern||ECGC PO Cut off: Check Here Previous Year Cut Off|
|ECGC PO MOCK Test||ECGC PO Exam Analysis (Previous year)|
ECGC PO SALARY 2023 (FAQ)
Q. What is the basic pay of ECGC PO Salary 2023?
Ans: The basic pay of ECGC PO Salary 2023 is 53600.
Q. What is the Maximum Basic Pay of ECGC PO Salary 2023?
Ans: The Maximum Basic Pay of ECGC PO Salary 2023 is 1,02,090.
Q. What are the allowances mentioned in the ECGC PO Salary 2023?
Ans: The allowances mentioned in the ECGC PO Salary 2023 are DA, HRA, Medical Allowance, etc.
Q. What is the Job Profile of ECGC PO?
Ans: The Job Profile of ECGC PO is discussed in the given post.