HomeBlogOICL Assistant Salary 2025 (Revised), In Hand Salary, Pay Scale, Allowances

OICL Assistant Salary 2025 (Revised), In Hand Salary, Pay Scale, Allowances

Oriental Insurance Company Ltd. (OICL) is going to conduct the OICL Assistant exam. The OICL Assistant position ensures not just monthly income but also long-term financial growth. A total pre-revision emoluments are approximately Rs. 40,000 per month at the initial stage in a Metro City. Scroll down to get complete details on the OICL Assistant Salary 2025, including job profile, allowances, pay scale, and more.

OICL Assistant Grade 3 Salary 2025

The OICL Assistant Recruitment 2025 Notification PDF has been released on 1st August 2025, announcing a total of 500 vacancies for Assistant Grade 3 posts. Candidates appointed for the Assistant post will be eligible to receive lucrative annual packages, allowances, and job security.  As per the Revised OICL Assistant salary structure, candidates will be offered a salary in the pay scale Rs. 22405-1305(1)-23710-1425(2)- 26560-1605(5)-34585-1855(2)-38295-2260(3)-45075-2345(2)- 49765-2500(5)-62265 per month.

OICL Assistants Salary 2025 Allowances and Perks

In addition to the fixed basic salary, candidates selected for the OICL Assistant role in 2025 will receive multiple allowances aimed at enhancing their overall compensation. These benefits may differ based on the location of posting and organizational guidelines, but they significantly contribute to financial well-being and job satisfaction.

  • Dearness Allowance (DA): Adjusted quarterly in accordance with the Consumer Price Index (CPI), this allowance helps manage inflation-related expenses and forms a major portion of the salary.
  • House Rent Allowance (HRA): Determined by the category of the city—metro, urban, or rural—this allowance typically ranges between 10% and 30% of the basic pay.
  • Transport Allowance: A fixed amount provided monthly to support travel between home and workplace.
  • City Compensatory Allowance (CCA): Offered in select cities to offset the cost of living in high-expense urban areas.

OICL Assistant Benefits Offered

Beyond the salary and standard allowances, OICL Assistants enjoy several other facilities that contribute to a secure and stable career. These include healthcare benefits, travel reimbursements, retirement plans, and employee welfare schemes.

Benefits Details
Medical Benefits Reimbursement for hospitalization and outpatient treatments.
Group Mediclaim Coverage Insurance coverage for the employee and their dependents.
Leave Travel Subsidy (LTS) Financial assistance for travel undertaken during official leave.
Staff Welfare Schemes Access to programs such as staff loans and employee insurance.
Pension and Gratuity Retirement benefits in accordance with company policies and government rules.

RELATED ARTICLES
Most Popular