NIACL

Starting NIACL Assistant Salary

With NIACL Assistant Mains exams scheduled to take place in some time it is important for all of us to know the Salary to be earned if one becomes an assistant at NIACL.

Basic Pay: Rs. 14435
Dearness Allowance: 54.1% (of basic) Currently
HRA: 7- 10% (of basic depending on location)

On an average net take home salary of a NIACL Assistant vary from 20500 – 22000 after deduction of NPS

What Other Benefits An assistant at NIACL Get

Lease or Rent Allowed depends on the place of your posting. If you being posted at Mumbai, you will get a monthly lease of 11000, and in tier II cities 7000
Apart from allowances other benefits such as lump sum domiciliary medical benefit, membership of Group Mediclaim Policy for Reimbursement of hospitalization expenses, leave travel subsidy and other staff welfare schemes would be as per the rules of the Company

Pension, Probation and Posting Rules for NIACL Assitant

You are on probation for a period of 6 months.
Your 1st Posting will be for a minimum of 5 years.
You can be transferred to any place across India.
For first 11 months you will be allowed only 11 days leave i.e. 1 Casual Leave per Month. After 11 months you are permitted to take sick leaves and Paid Leaves.
Saturday and Sunday is a holiday.
All new NIACL Assistant recruits will be under NPS (National pension Scheme) framework which means that 10% of their Gross Salary will be deducted and an equal amount will be contributed by the employer.

Salary Earned As probationary officer in Public Sector banks

Salary Earned As Probationary officer in State Bank of India

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