Oriental Insurance Company Limited (OICL) have several posts including Administrative Officer (AO), Officer Scale I-VII, Assistant, Sr. Assistant, Development Staff (Grade I, II), Record Clerk, Driver etc. Posts. The insurance company provides pay scales & Allowances to employees as per the guidelines issued by Central Government under General Insurance Scheme. OICL conducts recruitment exams for AO & Assistant Posts along with others.
OICL Salary / Pay Scale of Administrative Officer (AO), Assistant, Steno, Clerk, Driver & other posts
The monthly emoluments of Officers & employees at various scales are given below.
Scale 1 – Administrative Officer (AO)
- Pay scale: Rs.32795-1610(14)-55335-1745(4)-62315.
- OICL AO Salary: Rs. 51000 in metropolitan centres.
OICL Pay Scale of Officer posts:
- Scale 2: 44065-1610(7)-55335-1745(6)-65805
- Scale 3: 53725-1610(1)-55335-1745(6)-65805-2300(4)-75005
- Scale 4: 65805-2300(9)-86505
- Scale 5: 79605-2300(3)-86505-2590(6)-102045
- Scale 6: 89095-2685(8)-110575
- Scale 7: 99835-2685(2)-105205-2880(1)-108085-3150(1)-111235-3265(4)-124295.
Development Staff Pay Scale :
- Grade I: 23075-1445(8)-34635-1495(9)-48090-1570(2)-51230-1610(4)-57670
- Grade II: 15650-1030(3)-18740-1175(4)-23440
OICL Pay Scale of Supervisory & Clerical Staff:
- Assistant: 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080
- Senior Assistant: 20210-1445(4)-25990-1610(15)-50140
- Stenographer: 20210-1445(4)-25990-1610(15)-50140
- Record Clerk: 13380-580(2)-14540-620(5)-17640-665(1)-18305-745(2)-19795-820(3)-22255-915(5)-26830-1015(9)-35965.
OICL Subordinate Staff Pay Scale:
- Driver: 13380-580(2)-14540-600(14)-22940-665(2)-24270-745(9)-30975
- Other Subordinate Staff: 11660-475(5)-14035-505(8)-18075-600(1)-18675-620(2)-19915-745(9)-26620
OICL offers some other benefits including company accommodation / leased accommodation, LTC, Leave encashment, Medical Benefits, Gratuity, Provident Fund, House Building loan, Vehicle Loan & Pension Benefits in addition to above.