NIACL AO Salary 2021 Job Profile, Salary Structure, Career Growth

NIACL AO Salary 2021: NIACL has been providing lucrative salaries to AO posts along with various perks, incentives, and benefits, which is the primary reason why every year lakhs of candidates rush for NIACL RecruitmentThe New India Assurance Co. Ltd. has released the recruitment notification pdf for the NIACL AO 2021 on 24th August 2021. Candidates who wish to apply for NIACL AO recruitment 2021 might be curious to know more about the NIACL AO Salary 2021. In this article, we are going to discuss the NIACL AO salary, perks, and allowances, job profile, etc.

                                  NIACL AO Recruitment 2021 Notification Out: Click Here

NIACL AO Salary 2021

NIACL AO notification is out for 300 vacancies of Administrative Officer (AO) post, this is the golden opportunity for all aspirants who are planning to appear in the upcoming exams. Candidates who are planning to apply online for NIACL AO 2021 recruitment and must know about the NIACL AO Salary 2021, salary structure, job profile, career growth, perks, and allowances, go through the details mentioned in the article.

NIACL AO Salary Structure 2021

The NIACL AO Salary 2021 is one of the most researched topics by the candidates who are going to apply and appear for the NIACL AO recruitment 2021. Along with the salary packages, NIACL offers other allowances and benefits to its employees. It is one of the great opportunities for candidates who are preparing for government jobs and want a stable career. Candidates who will be selected for the NIACL AO 2021 will get approximately 14 increments along with the many allowances such as dearness allowance, house rent allowance, transport allowance, city compensatory allowance, etc which will be revised from time to time as per the new settlements. Now let us look at the overview of NIACL AO Salary 2021 from the table mentioned below:

Basic PayRs. 32,795 (p.m.)
Pay Scale32795 – 1610 (14) – 55335 – 1745 (4) – 62315
Total SalaryRs. 51,000 (p.m.)

NIACL AO Salary 2021 Perks and Allowances

Apart from the salary, the  NIACL administrative officer Will also be assigned several perks and allowances, they are:

  • Dearness allowance
  • House rent allowance
  • Transport allowance
  • City compensatory allowance
  • Newspaper allowance
  • Allowance for the furnishing of residence
  • Medical Reimbursement along with hospitalization facility
  • Provision of loans at concessional rates of interest for housing, car, education, digital accessories.

NIACL AO Salary 2021 Job Profile

Many aspirants are still doubtful about the job profile of NIACL AO 2021. To clear all the doubts we’ll be looking at the detailed job profile of a NIACL administrative officer. 

The post of NIACL AO can be categorized into two positions, they are generalist and specialists AO. The Generalist AO supervises the NIACL assistant and risk assessments And also is responsible for verifying risk proposals. The specialist officers include three posts, they are:

  • Company secretary, Who ensures compliance with regulatory and statutory requirements.
  • Legal officer, Who is responsible for dealing with legal affairs which includes agreements and contracts in favor of the organization.
  • Finance and accounts officer, Who is assigned to the responsibility of preparing the budget for the records and for managing the receipts and balance sheets.

NIACL AO Salary 2021 Career Growth

It is very important for the candidates to know the career growth or job profile for which they are applying. That is your now we’ll be looking at the hierarchy wise career growth of NIACL AO 2021:

  • The normal promotion of an administrative officer requires a minimum of five years. This promotion is totally based on seniority.
  • Candidates can clear some insurance examinations to avail of fast-track promotion options. Through these examinations, an administrative officer can get a promotion after a minimum period of three years.

NIACL AO Salary 2021: FAQs

Q. What is the NIACL AO basic Salary 2021?

Ans: The basic salary of NIACL AO 2021 is Rs 32,795. 

Q. Is there any perk or allowance which is assigned to a NIACL AO 2021?

Ans: Yes, a NIACL administrative officer is assigned to many perks and allowances like dearness allowance, house rent allowance, transport allowance, etc. Read the article above to know more.

Q. What is the number of vacancies for the Administrative Officer post?

Ans: The number of vacancies for the Administrative Officer post is 300.

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