{"id":101244,"date":"2023-08-05T13:31:00","date_gmt":"2023-08-05T08:01:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=101244"},"modified":"2024-12-10T12:01:34","modified_gmt":"2024-12-10T06:31:34","slug":"gic-salary","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/gic-salary\/","title":{"rendered":"GIC Salary 2024: Basic Pay Scale and Allowances"},"content":{"rendered":"\n<p><strong><img class=\"alignnone size-full wp-image-101514\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2023\/08\/GIC-Salary-2023-Basic-Pay-Scale-and-Allowances.png\" alt=\"GIC Salary\" width=\"1200\" height=\"675\" \/>GIC Salary 2024: <\/strong>GIC plans to take the online exam to recruit Level 1 officials (Assistant Manager-44 vacancies)\u00a0 2024. As a reinsurance company with global influence, it is the eleventh largest reinsurance company in the world and has extensive networks in India and abroad. With all these openness and generous salaries, <a href=\"https:\/\/www.kopykitab.com\/GIC-Insurance\"><strong>GIC<\/strong><\/a> provides one of the best career opportunities. Understand the salaries, benefits and allowances of GIC assistant managers from this article.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d3bc2aa035d\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d3bc2aa035d\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#gic-salary-2024-basic-assistant-manager-salary\" title=\"GIC Salary 2024: Basic Assistant Manager Salary\">GIC Salary 2024: Basic Assistant Manager Salary<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#gic-assistant-manager-salary-2024-pay-scale\" title=\"GIC Assistant Manager Salary 2024: Pay Scale\">GIC Assistant Manager Salary 2024: Pay Scale<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#gic-salary-and-job-profile-2024-other-allowances\" title=\"GIC Salary and Job Profile 2024: Other Allowances\">GIC Salary and Job Profile 2024: Other Allowances<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#gic-salary-and-job-profile-transport-allowance\" title=\"GIC Salary and Job Profile: Transport Allowance\">GIC Salary and Job Profile: Transport Allowance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#gic-salary-and-job-profile-city-compensation-allowance\" title=\"GIC Salary and Job Profile: City Compensation Allowance\">GIC Salary and Job Profile: City Compensation Allowance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#gic-salary-and-job-profile-house-rental-allowance\" title=\"GIC Salary and Job Profile: House Rental Allowance\">GIC Salary and Job Profile: House Rental Allowance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#other-important-links\" title=\"Other Important Links:\">Other Important Links:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#faqs-on-gic-salary-and-job-profile-2024\" title=\"FAQs on GIC Salary and Job Profile 2024\">FAQs on GIC Salary and Job Profile 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#what-is-the-gic-assistant-manager%e2%80%99s-salary\" title=\"What is the GIC Assistant Manager&#8217;s salary?\">What is the GIC Assistant Manager&#8217;s salary?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#what-is-the-best-way-to-prepare-for-the-gic-assistant-manager-exam\" title=\"What is the best way to prepare for the GIC Assistant Manager Exam?\">What is the best way to prepare for the GIC Assistant Manager Exam?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/#what-is-the-gic-assistant-manager%e2%80%99s-take-home-pay\" title=\"What is the GIC Assistant Manager&#8217;s take-home pay?\">What is the GIC Assistant Manager&#8217;s take-home pay?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"gic-salary-2024-basic-assistant-manager-salary\"><\/span><strong>GIC Salary 2024: Basic Assistant Manager Salary<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>GIC provides excellent opportunities for the company&#8217;s active professional development in highly specialized fields through education and training at home and abroad. The official GIC Level I (Executive Assistant) is based on the following imprint-<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p>Pay Scale<\/p>\n<\/td>\n<td>\n<p>Rs. 32795 -1610(14) \u2013 55335-1745(4) \u2013 62315<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Basic Pay<\/p>\n<\/td>\n<td>\n<p>Rs. 32,795 (Increment for 14 Years = Rs. 1610\/-)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Basic Pay after 14 years<\/p>\n<\/td>\n<td>\n<p>Rs. 55,335 (Increment for 4 Years = Rs. 1745\/-)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Maximum Basic Pay<\/p>\n<\/td>\n<td>\n<p>Rs. 62,315<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Gross Monthly Salary<\/p>\n<\/td>\n<td>\n<p>Rs. 65,000\/-p.m.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Total Salary Per Annum<\/p>\n<\/td>\n<td>\n<p>Current CTC (Cost to Company) of Assistant Manager posted in Mumbai is approximately Rs13 lakh per annum.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"gic-assistant-manager-salary-2024-pay-scale\"><\/span><strong>GIC Assistant Manager Salary 2024: Pay Scale<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The GIC salary for the position of deputy manager in 2024 comes from a monthly base salary of Rs 32,795 on the rupee table. 32795-1610 (14)-55335-1745 (4)-62315 and other appropriate mappings<strong>.<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"gic-salary-and-job-profile-2024-other-allowances\"><\/span><strong>GIC Salary and Job Profile 2024: Other Allowances<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The benefits of GIC assistant managers are very important. The benefits and allowances granted to GIC Tier 1 employees are as follows:<\/p>\n<ul>\n<li>New Pension Scheme<\/li>\n<li>Newspaper \/Internet Allowance,<\/li>\n<li>Leave Travel Subsidy,<\/li>\n<li>Medical Benefits,<\/li>\n<li>House Furnishing Allowance,<\/li>\n<li>Household Help Allowance,<\/li>\n<li>Sodexo,<\/li>\n<li>Personal Accident cover,<\/li>\n<li>Housing, vehicle and computer loans with subsidized interests, and<\/li>\n<li>Interest free advances for festivals, natural calamities and any other benefits as per rules and on confirmation of service in the Corporation.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"gic-salary-and-job-profile-transport-allowance\"><\/span><strong>GIC Salary and Job Profile: Transport Allowance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u00a0every official who has not received one of the promotion allowances for one of the promotion plans will receive a promotion bonus of Rs 800 per month.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"gic-salary-and-job-profile-city-compensation-allowance\"><\/span><strong>GIC Salary and Job Profile: City Compensation Allowance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Place of posting<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Rate<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>a) Cities of Mumbai, Navi Mumbai, Calcutta, New Delhi, Ahmedabad, Bangaluru, Hyderabad, Pune, Faridabad, Ghaziabad, NOIDA, Gurgaon, and<\/p>\n<p>Chennai<\/p>\n<\/td>\n<td>\n<p>3% of pay subject to a maximum of Rs.800\/- per month<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>b) Cities with a population exceeding 12 lacs, except cities mentioned in (a), Gandhinagar and all cities in the State of Goa<\/p>\n<\/td>\n<td>\n<p>2.5% of pay subject to a maximum of Rs.760\/- per month<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>c) Cities with a population of 5 lacs and above but not exceeding 12 lacs, State capitals with a population not exceeding 12 lacs, Chandigarh, Mohali, Panchkula,<\/p>\n<p>Pondicherry, Port Blair<\/p>\n<\/td>\n<td>\n<p>2% of pay subject to a maximum of Rs.590\/- per month<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"gic-salary-and-job-profile-house-rental-allowance\"><\/span><strong>GIC Salary and Job Profile: House Rental Allowance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Place of posting<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Rate<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>a) Cities of Mumbai, Navi Mumbai, Calcutta, New Delhi, Ahmedabad, Bengaluru, Hyderabad, Pune, Faridabad, Ghaziabad, NOIDA, Gurgaon, and Chennai<\/p>\n<\/td>\n<td>\n<p>10% of pay subject to a maximum of<\/p>\n<p>Rs.3,200\/- per month<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>b) Cities with a population exceeding 12 lacs, except cities mentioned in (a), Gandhinagar and all cities in the State of Goa<\/p>\n<\/td>\n<td>\n<p>8% of pay subject to a maximum of<\/p>\n<p>Rs.2,700\/- per month<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>c) Cities with a population of 5 lacs and above but not exceeding 12 lacs, State capitals with a population not exceeding 12 lacs, Chandigarh, Mohali, Panchkula, Pondicherry, Port Blair<\/p>\n<\/td>\n<td>\n<p>7% of pay subject to a maximum of<\/p>\n<p>Rs.2,600\/- per month<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"other-important-links\"><\/span><b>Other Important Links:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-assistant-manager-syllabus-exam-pattern\/\"><span style=\"font-weight: 400;\">GIC Assistant Manager Syllabus and Exam Pattern 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-assistant-manager-application-process\/\"><span style=\"font-weight: 400;\">GIC Application Process 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-exam-centre\/\"><span style=\"font-weight: 400;\">GIC Exam Centre<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-vacancies\/\"><span style=\"font-weight: 400;\">GIC Vacancies 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-exam-eligibility\/\"><span style=\"font-weight: 400;\">GIC Exam Eligibility Criteria 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-result\/\"><span style=\"font-weight: 400;\">GIC Result and Score Card 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-preparation-tips\/\"><span style=\"font-weight: 400;\">GIC Preparation Tips<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-exam-date\/\"><span style=\"font-weight: 400;\">GIC Exam Date 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-cut-off\/\"><span style=\"font-weight: 400;\">GIC Cut Off 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-admit-card\/\"><span style=\"font-weight: 400;\">GIC Admit Card 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-exam-analysis\/\"><span style=\"font-weight: 400;\">GIC Exam Analysis<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-preparation-books\/\"><span style=\"font-weight: 400;\">GIC Preparation Books 2024<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/gic-previous-year-papers\/\"><span style=\"font-weight: 400;\">GIC Previous Year Papers 2024<\/span><\/a><\/p>\n<p>We have covered complete details on the GIC Salary 2024. If you have any queries related to the <a href=\"https:\/\/www.gicofindia.com\/en\/\" target=\"_blank\" rel=\"noopener\"><strong>GIC<\/strong><\/a> Exam, feel free to comment below.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"faqs-on-gic-salary-and-job-profile-2024\"><\/span><strong>FAQs on GIC Salary and Job Profile 2024<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1625240500320\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-gic-assistant-manager%e2%80%99s-salary\"><\/span>What is the GIC Assistant Manager&#8217;s salary?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Total remuneration will be around Rs. 65,000\/- per month, with various incentives as listed above.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1625241487520\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-best-way-to-prepare-for-the-gic-assistant-manager-exam\"><\/span>What is the best way to prepare for the GIC Assistant Manager Exam?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Taking high-quality mock examinations is an important part of the best preparation.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1625241606762\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-gic-assistant-manager%e2%80%99s-take-home-pay\"><\/span>What is the GIC Assistant Manager&#8217;s take-home pay?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The GIC Assistant Manager&#8217;s in-hand remuneration will be around Rs. 57,000\/- per month. Allowances may influence this.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>GIC Salary 2024: GIC plans to take the online exam to recruit Level 1 officials (Assistant Manager-44 vacancies)\u00a0 2024. As a reinsurance company with global influence, it is the eleventh largest reinsurance company in the world and has extensive networks in India and abroad. With all these openness and generous salaries, GIC provides one of &#8230; <a title=\"GIC Salary 2024: Basic Pay Scale and Allowances\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/gic-salary\/\" aria-label=\"More on GIC Salary 2024: Basic Pay Scale and Allowances\">Read more<\/a><\/p>\n","protected":false},"author":247,"featured_media":448085,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[4082,76030],"tags":[76031,76033,76032,76001,76052],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/101244"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=101244"}],"version-history":[{"count":4,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/101244\/revisions"}],"predecessor-version":[{"id":574076,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/101244\/revisions\/574076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/448085"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=101244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=101244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=101244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}