GIC Assistant Manager Salary 2021: Pay Scale, Allowances, Job Profile

GIC Assistant Manager Salary 2021 – In Hand Salary, Pay Scale, Basic Pay, Allowances

General Insurance Corporation has released the Assistant Manager Recruitment Notification every year. Similarly this year the GIC careers has notified that the vacancy of about 44 for the post of assistant manager in the short notification. The detailed notification will be released in short due course. Now its time to know the GIC Assistant Manager Salary 2021 details. By knowing the salary details will tend to induce your preparation process in a well manner. Once the notification has released, many candidates are eager to know the salary for the notified post. In aspirants point of view here we have given you the GIC Assistant Manager Salary 2021 details along with the In Hand Salary, Pay Scale, Basic Pay, Allowances.

GIC Assistant Manager Recruitment 2021

General Insurance Company Re provides excellent job opportunity for career growth in the highly specialized area under which the Corporation is operating, through training and development interventions within the country as well as overseas. Candidates shall refer to this GIC Assistant Manager Salary 2021 article and know the complete details.

GIC Assistant Manager Salary 2021 PDF

GIC Assistant Manager Recruitment 2021 – Overview

GIC Assistant Manager 2021 Notification

Organization NameGeneral Insurance Corporation Limited
Post NameOfficers(Assistant Manager)
Vacancy Number44
Short Notification Released09th March 2021
Detailed Notification ReleasedReleases Soon
CategoryGovt Jobs
Online Application Starts11th March 2021
Online application get deactivates on29th March 2021
Exam DateNotified Later
Result DateNotified Later

GIC Assistant Manager Exam Pattern & Syllabus

GIC Assistant Manager Salary 2021: Basic Pay

The Basic Pay of GIC Assistant Manager is Rs. 32,795/- per month

GIC Assistant Manager Pay Scale:

The GIC Assistant Manager in the scale of Rs.32795 -1610(14) – 55335 -1745(4) – 62315.

GIC Assistant Manager In Hand Salary:

The total emoluments will be about  Rs.59,000/- P.M +. plus other benefits

GIC Assistant Manager Salary 2021: Allowances & Perks

DA, HRA, CCA New Pension Scheme, Group Savings Linked Insurance Scheme (GSLI), Conveyance / Newspaper / Internet Allowance, Leave Travel Subsidy, Medical Benefits, Personal Accident cover, housing and vehicles loans with subsidized interests, and interest free advances for festival, natural calamities and any other benefits as per rules and on confirmation of service in the Corporation.

The officers are also entitled for 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.12,000/- per month.

GIC Assistant Manager Probation Period:

Selected candidates if medically found fit, will be appointed as Assistant Manager on probation for a period of one year, which may be extended by a further period up to one year. The Corporation reserves the right to terminate service of a candidate if found unsuitable at any time during the probationary period or the extended probationary period without any notice or assigning any reason therefor.

GIC Assistant Manager Bonding:

Before joining as probationer, the selected candidates will be required to give an undertaking to serve the Corporation for a minimum period of four years including probationary period. In the event of their resignation from the Corporation before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year’s gross salary paid to them during the year of probation which could be proportionately reduced depending on the length of service rendered.

GIC Assistant Manager Promotion:

1. Chairman-cum-Managing Director
2. SCALE – VII – General Manager (GM)
3. SCALE – VI – Deputy General Manager (DGM)
4. SCALE – V – Assistant General Manager (AGM)
5. SCALE – IV – Chief Manager (Chief Mgr)
6. SCALE – III – Senior Manager (Sr. Mgr)
7. SCALE – II – Deputy Manager (DM)
8. SCALE – I – Assistant Manager (AM)