GIC Assistant Manager Salary 2024: Officer at Scale 1: Job Description, Salary

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GIC Assistant Manager Salary 2023: General Insurance Corporation of India (GIC of India) has invited an Online Application Form for the post of Officer Scale-I. The Job location is Maharashtra, Mumbai.

GIC Assistant Manager Salary 2023

General Insurance Corporation of India (GIC of India) has released a notification for the post of Officer Scale I in the cadre of Assistant Manager Scale I. Interested candidates want to know the GIC Scale 1 Salary. The basic salary is Rs. 32,795/-  and the maximum salary is Rs. Rs.62,315/-. Check the Allowances and the Dedication from the below section.

Allowance

CATEGORY	AMOUNT
Pay Salary	Rs.32,795/- - 62,315/-
Grade Pay	---
Basic Salary	Rs.32,795/-
D.A.(Dearness Allowance)	As Per Rule
H.R.A.(House Rent Allowance)	Rs. 2600 -  3200/-
T.A.(Travelling allowance)	Rs. 800/- Per Month
D.A. on T.A.	As per rule

• Dearness Allowance(D.A)
  
• House Rent Allowance(H.R.A)
  
• Local Compensatory Allowance
  
• Transport Allowance
  
• Personal Fixed Allowance
  
• Shift Allowance
  
• Special Functional Allowance
  
• Special Allowance (I)
  
• Grade Allowance
  
• Washing Allowance etc. as admissible from time to time

Transport Allowance

• Transport Allowance Is Rs.800/- per month.

City Compensation Allowance

CITY NAME	AMOUNT
a) Cities of Mumbai, Pune, Faridabad, Ghaziabad, NOIDA, Gurgaon, Navi Mumbai, Calcutta, New Delhi, Ahmedabad, Bangaluru, Hyderabad and, Chennai	3% maximum of Rs.800/- pm
b) Cities with a population exceeding 12 lacs, except cities mentioned in (a), Gandhinagar and all cities in the State of Goa	2.5% maximum of Rs.760/- pm
c) Cities with a population of 5 lacs and above but not exceeding 12 lacs, State capitals with a population not exceeding 12 lacs, Chandigarh, Mohali, Panchkula, Pondicherry, Port Blair	2% maximum of Rs.590/- pm

House Rental Allowance

CITY NAME	AMOUNT
a) Cities of Mumbai, Pune, Faridabad, Ghaziabad, NOIDA, Gurgaon, Navi Mumbai, Calcutta, New Delhi, Ahmedabad, Bangaluru, Hyderabad, and, Chennai	10% maximum of Rs.3,200/- pm
b) Cities with a population exceeding 12 lacs, except cities mentioned in (a), Gandhinagar, and all cities in the State of Goa	8% maximum of Rs.2,700/- pm
c) Cities with a population of 5 lacs and above but not exceeding 12 lacs, State capitals with a population not exceeding 12 lacs, Chandigarh, Mohali, Panchkula, Pondicherry, Port Blair	7% maximum of Rs.2,600/- pm

Deduction

CATEGORY	AMOUNT
PF	---
NPS	---
Income Tax	As per Govt rule

"GIC Assistant Manager Salary In Hand after deduction is Rs. 59,000/- Per month(Approx)"

GIC Assistant Manager Salary In Hand

GIC Assistant Manager Salary In Hand is Rs. 59,000/-. Check the in-hand salary details from the below table.

"GIC Assistant Manager Salary In Hand after deduction is Rs. 59,000/-(Approx)"

GIC Assistant Manager Salary for Scale 1 Officer

GIC of India employees will receive a starting basic pay of Rs. 32,790 per month, based on the basic pay scale of Rs. 32,795 - 1,610 (14) - 55,335 - 1,745 (4) - 62,315, along with other permissible allowances such as DA, HRA, and CCA. The total compensation package amounts to approximately Rs. 65,000 per month and includes additional benefits such as the New Pension Scheme, Newspaper/Internet Allowance, Leave Travel Subsidy, Medical Benefits, House Furnishing Allowance, Household Help Allowance, Sodexo, Personal Accident Cover, housing, vehicle, and computer loans at discounted interest rates, as well as interest-free advances for festivals, natural calamities, and other benefits as per the Corporation's rules upon confirmation of service.

GIC Scale 1 Officer Salary Per Month

The officers are also entitled to Corporation’s / leased accommodation as per norms. (Presently Corporation owned accommodations are not available, whereas lease accommodation will be permitted as per norms). The present lease accommodation limits at Mumbai is Rs.59,000/- per month

GIC Scale 1 Officer Pay Scale

GIC Salary 1 officer will draw a starting basic pay of Rs. 32,795/- per month on the scale of f Rs.32795 -1610(14) – 55335 -1745(4) - 62315

ध्यान दें:

1610(14) का अर्थ है मूल वेतन Rs.32,795/- में सालाना 1610 रुपये की वृद्धि होगी अगले 14 वर्षों के लिए I

1745(4) का अर्थ है मूल वेतन Rs.32,795/-में सालाना 1745 रुपये की वृद्धि होगी अगले 4 वर्षों के लिए I

Details of GIC Assistant Manager Salary 2023

Check the details of GIC Assistant Manager Salary 2023 from the below section.

GIC Assistant Manager Salary: The candidates who will be selected in this recruitment will get a basic pay of Rs.32,795 per month on the scale of Rs 32795-1610(14) – 55335-1745(4) - 62315 and other admissible allowances like DA, HRA, CCA, etc. The total emoluments will be about Rs. 65,000 per month plus other benefits.

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