ECGC PO Salary 2024, Per Month Salary, In Hand Salary
Ananya Gupta7 Nov, 2024
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ECGC PO Salary 2024: The ECGC PO Salary 2024 offers an attractive package, especially for those aspiring to join the Export Credit Guarantee Corporation in the Probationary Officer role. The basic salary starts at Rs. 53,600 and the in-hand salary after deductions comes to around Rs. 1,13,000 per month for newly appointed officers.
In addition to the salary, ECGC POs enjoy various perks and allowances such as house rent allowance, medical benefits, and travel allowances. This package makes the ECGC PO role a rewarding career option. The salary structure also includes regular increments and over time, officers can expect substantial salary growth along with promotions and career advancements.ECGC PO Salary 2024
In addition to the basic pay, ECGC POs receive a variety of allowances and benefits such as House Rent Allowance (HRA), Dearness Allowance (DA), Grade Allowance, and more, which significantly enhance the overall compensation package. During the probation period, an ECGC Probationary Officer is responsible for various tasks, including financial management, export credit risk assessment, handling policies, and customer relations. The role offers diverse experiences that build strong foundations for career growth. Given the attractive salary package and job responsibilities, the position of ECGC PO is considered a highly desirable government job in India.ECGC PO Salary 2024 Overview
ECGC PO Salary In Hand
ECGC PO Job Profile
Handling Export Transactions : ECGC POs oversee and manage transactions related to export credit insurance, ensuring smooth financial operations for exporters.
Report Preparation : POs are responsible for preparing detailed reports on business transactions, analyzing data related to exports and credit insurance.
City-Based Postings : Unlike many other government jobs, ECGC POs are only posted in urban areas since the organization does not have rural branches. This ensures that officers work in cities, focusing on export and trade operations.
ECGC PO Salary Perks & Benefits
As a Probationary Officer (PO) with ECGC, employees enjoy a variety of perks and benefits that enhance their overall compensation package. Here is a detailed look at the perks and benefits provided:| Perk/Benefit | Details |
|---|---|
| Cash Medical Benefit | INR 13,300 per year |
| Mobile Bill Reimbursement | INR 400 per month |
| Mobile Handset Reimbursement | INR 10,000 once every three years |
| Entertainment Reimbursement | INR 800 per month |
| Expenses for Household Help Reimbursement | INR 1,000 per month |
| Furniture Allowance | INR 87,500 + GST once every five years |
| Meal Vouchers | INR 205 per working day |
| Med Claim Coverage | Up to INR 40 lakhs for the family (Employee pays one-fourth of the premium) |
| Office Carry Bag Reimbursement | INR 3,000 once every three years |
| PLI BONUS | Up to 6% of total yearly Basic + DA (Dearness Allowance) |
| Paid Leaves | 30 days every two years, redeemable on Basic, DA, CCA |
| Defined Pension Scheme | Corporation contributes 10% of Basic Pay + DA |
| Travel Allowance | 2nd AC fare for 4500 km each to and fro with family every two years / Leave Travel Concession to hometown for self every year |
ECGC PO Career Growth & Promotion 2024
The career growth for an ECGC Probationary Officer (PO) is structured to provide ample opportunities for advancement based on performance, experience, and contributions to the organization. Here is an overview of the career growth for an ECGC PO:Probationary Officer (Scale I) - The starting role where the officer undergoes initial training and learns the various functions of the job. It involves handling daily operational tasks and understanding the corporation's policies and procedures.
Assistant Manager (Scale II) - After successfully completing the probationary period and proving competency, a PO may be promoted to Assistant Manager. This role includes managing teams and handling more complex tasks within the corporation.
Manager (Scale III) - In this role, the individual takes on more significant responsibilities, including strategic planning and overseeing major projects or departments. The position requires leadership and advanced management skills.
Senior Manager (Scale IV) - The Senior Manager role involves overseeing larger teams and complex functions within the corporation. It includes strategic decision-making and higher-level management responsibilities.
Assistant General Manager (Scale V) - As an Assistant General Manager, the officer is involved in senior-level decision-making, strategic planning and high-level management. This role is important for shaping the direction and policies of the organization.
| ECGC PO Related Link 2024 | |
| ECGC PO Recruitment 2024 | ECGC PO Syllabus 2024 |
| ECGC PO Eligibility Criteria 2024 | ECGC PO Salary 2024 |
| ECGC PO Selection Process 2024 | |
ECGC PO Salary 2024 FAQs
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