This article talks about the salary details for ECGC PO in 2024. If you are interested in this job, you can read about the salary, job profile, and allowances for different positions. The Export Credit Guarantee Corporation offers a good salary and many benefits to selected candidates, which attracts people looking for government jobs. It’s important to know the salary structure, pay scale, and job responsibilities of an ECGC PO. To find out more about the salary in 2024, read the article.
ECGC PO Salary 2024 Overview
The ECGC PO Recruitment has been announced and they have shared the ECGC PO Salary 2024 information for different positions.
| ECGC PO Salary 2024 | |
| Pay Scale | INR 53600-2645(14)-90630-2865(4)-102090 |
| Basic Pay | INR 53600 ( A increment of 2645 will be provided for 14 years) |
| Basic Pay after 14 years of service | INR 90,630 |
| Maximum Basic Pay | INR 1,02,090/ |
| Total CTC ( Cost to company ) in Mumbai | 16 Lakhs per annum |
ECGC PO Salary Per Month
The Export Credit Guarantee Corporation has provided information about the salary for the ECGC PO position in their official notification. Candidates can check the notification for more detailed information about the salary. The monthly salary for ECGC PO is Rs. 53,600/-, with an annual increase of Rs. 2,645/-. This includes the basic pay and other allowances. The full salary structure for ECGC PO in 2024 is given below.
ECGC PO Salary Structure 2024
Candidates can refer to the table below to see how much they will earn as an ECGC PO. The table shows the salary structure for 2024.
The ECGC PO Salary in 2024 includes a basic pay of Rs. 53,600. In addition to this, there are various allowances such as DA, HRA, family allowance, and transport allowance. However, there are also deductions for NPS-ES, income tax, and professional tax. After deducting these amounts, the approximate in-hand salary is Rs. 1,13,395. This is a good amount for newly recruited POs, and as they continue to work, their salary will increase.
ECGC PO Job Profile
After the candidate becomes an ECGC PO, they have to do certain tasks. There are different things that an employee in this position has to do. We will now talk about the job description for ECGC PO Recruitment 2024.
- Probationary Officers in ECGC have to handle the export transactions.
- A PO has to prepare reports on business transactions as well.
- ECGC PO is posted in only cities as there are no rural branches of ECGC
ECGC PO Salary Perks & Benefits
The candidates get lots of good things and advantages and are chosen for different jobs. We have listed all the good things and advantages below.
- Cash Medical Benefit- INR 13,300 per year
- Mobile Bill Reimbursement- INR 400 per month
- Mobile Handset Reimbursement – INR 10,000 once in three years.
- Entertainment Reimbursement – INR 800 per month
- Expenses for Household Help Reimbursement – INR 1000 per month.
- Furniture Allowance – INR 87500 + GST once in five years.
- Meal vouchers – INR 205 per working day
- Med claim coverage of up to 40 lakhs for the family. ( The candidate has to one-fourth of the premium)
- Office Carry Bag Reimbursement – INR 3000 once every three years.
- PLI BONUS – total yearly Basic + DA (Dearness Allowance) up to 6% ( maximum)
- Paid Leaves of 30 days every two years redeemed on Basic, DA, CCA
- Defined Pension Scheme – The corporation makes an equal contribution of 10% Basic Pay + DA
- Travel Allowance – 2nd AC fare of 4500 km each to and fro with family every two years / Leave Travel Concession to Hometown for self every year
ECGC PO Career Growth
The ECGC PO job gives you a good opportunity to grow. If you work well and contribute to the bank, there are many chances for you to advance. By working in different positions, you can learn how the bank works and have opportunities to show your skills and abilities.
- Executive Officer/Probationary Officer – Scale I
- Assistant Manager – Scale-II
- Manager – Scale III
- Senior Manager – Scale IV
- Assistant General Manager – Scale V
FAQ – Frequently Asked Questions
Q1. What is the basic pay of ECGC PO 2024?
The starting salary for ECGC PO 2024 is Rs. 53,600/-.
Q2. What are the benefits that an ECGC PO receives apart from the salary?
The ECGC PO gets benefits like DA, HRA, Medical, Travel, and Transport Allowances.
Q3. What is the ECGC PO Job Profile?
Sure! In the article, we talked about what the ECGC PO Job Profile is all about.