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Home Articles

ECGC PO Salary 2024: In Hand Salary, Pay Scale, Job Profile

by Sreekesh Narayanan
October 22, 2024
in Articles, Banking
ECGC PO Salary 2024
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Table of Contents

  • ECGC PO Syllabus and Exam Pattern 2024 PDF
  • ECGC PO Salary Structure
  • ECGC PO In-hand Salary
  • ECGC PO Allowances
  • ECGC PO Exam 2024 Previous Question Papers
  • ECGC PO Promotions
ECGC has issued a notification for recruitment to the post of Probationary Officer against 40 vacancies through the ECGC PO Recruitment 2024. According to the Export Credit Guarantee Corporation, candidates selected for these posts would get a very attractive salary along with about a dozen perks and benefits. The basic pay for ECGC PO is Rs. 53,600/- and the in-hand salary per month is Rs. 1,13,000 (Approximately). It is necessary to look at the salary structure, pay scale, and the job profile that comes under ECGC PO. To get the details of ECGC PO Salary 2024 follow the article.
ECGC PO 2024 Exam Highlights
ECGC PO 2024 Summary
Organisation Export Credit Guarantee Corporation (ECGC)
Exam Name ECGC PO 2024
Posts Probationary Officers
Cadre Generalist (Executive Officer Cadre)
Vacancies 40
Category Govt Jobs
Mode of Application Online
Registration Dates 14th September to 13th October 2024
Selection Process
  1. Online Examination
  2. Interview
Salary Rs. 16 lakh per annum
Official website https://www.ecgc.in/

ECCG 2024 Important Dates

Export Credit Guarantee Corporation, ECGC has released all the important dates for ECGC PO recruitment 2024 along with the short notification. ECGC PO Apply Online window will be opened from 14th September to 13th October 2024. All the important dates for ECGC PO 2024 have been updated in the below table.

ECGC PO 2024- Important Dates
Events Dates
ECGC PO Notification 9th September 2024
ECGC PO Apply Online Starts 14th September 2024
ECGC PO Apply Online Last Date 13th October 2024
ECGC PO 2024 Payment of Application Fee 13th October 2024
ECGC PO Exam Date 2024 16 November 2024

Get Free Study Tips for Government Exams Here!

ECGC PO Syllabus and Exam Pattern 2024 PDF

The ECGC PO Syllabus 2024 covers a range of topics across various sections to prepare candidates for the Probationary Officer exam. Here is a detailed ECGC PO Syllabus 2024-

ECGC PO Syllabus and Exam Pattern 2024 PDF – Click Here to Download

ECGC PO Salary Structure

1: What does the acronym "ATM" stand for in banking?

2: What is the primary function of a central bank?

3: Which of the following is a type of digital banking service?

4: What is the full form of "NEFT" in banking terms?

5: What does "KYC" stand for in banking?

    Fill out the form to see the results



    Ready to see how much you know? Take the challenge!

    Let’s take a closer look at the ECGC PO salary and job profile for 2024. The ECGC PO’s salary is determined by the 7th pay commission. The average monthly wage is INR 53600. In addition to the income, ECGC PO is eligible for the same benefits as any other central government employee. The base wage for the first 14 years is as given above. The ECGC PO receives an annual raise of INR 2645. The ECGC PO will be paid a salary of INR 90630 each month for the following four years, with an annual increase of INR 2845. The ultimate salary is INR 102090 per month, which is also the highest pay an ECGC PO may receive.

    Payment type Sum in INR
    Pay Scale INR 53600-2645(14)-90630-2865(4)-102090
    Basic Pay INR 53600 (An 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

    Click here to learn more about the syllabus for ECGC PO recruitment 2024

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    ECGC PO In-hand Salary

    It should be noted that the in-hand compensation is dependent on a person being assigned to a tier 1 city; consequently, if a person is sent to cities y and z, the in-hand pay will differ. Salary components will also vary depending on where you are assigned, affecting your take-home income.

    Register to get access to free resources for bank PO preparation

    Payment type   Sum in INR
    Basic Pay 53600
    HRA 32,500
    DA 24,596
    Grade Allowance 6000
    City Compensation (Depends upon the place of posting) 983
    Family Allowance 950
    Special Functional Allowance 775
    Transport Allowance 1330
    Special Pay 1800
    Deduction: NPS-ES

    Income Tax

    Professional Tax

    5739

    3200

    200

    In hand Salary 1,22,534- 9139= 1,13,395 Approximately

    The ECGC PO salary, as well as several extra bonuses, are determined by the 7th Central Pay Commission, according to the regulations. For 2024, the ECGC PO salary structure includes the INR 32795-1610(14)-55335-1745(4)-62315 pay scale. This implies that the candidates will be paid a basic salary of INR 32,795 for the first 14 years of service, plus INR 1,610 in annual increments. After 14 years, the base income is increased to INR 55,335 For the next four years of service, candidates will get INR 1,745 annual increments in addition to their basic wage, increasing their total basic pay to INR 62,315.

    Register to gain access to reasoning mock test for bank exams

    ECGC PO Allowances

    The ECGC PO’s in-hand salary is made up of a variety of perks and advantages that accumulate over time. The incentives and allowances, in addition to a well-known work profile and a generous compensation structure, contribute to the appeal of the profession. The following is a list of benefits and allowances.

    Allowance Amount in INR
    House Rent Allowance (HRA) 7% to 10% of the Basic Pay
    Dearness Allowance (DA) 46.9%-75% of the Basic Pay (Changes as per the location of work)
    City Compensatory Allowances (CCA) 3% to 4% Depending on the Location
    Pension Scheme 10% of basic pay + Dearness Allowance
    Transport Allowance INR 1330
    Mediclaim 40 Lakhs
    PLI Bonus Yearly Basic pay+ Dearness Allowance up to 6%
    Insurance Cover 50 Lakhs GIS+ 8 Lakhs GSLI+ 10 Lakhs GTS
    Leave Travel Concession 4500 Km to and fro with family [ 4500 km each]
    Furniture Allowance ₹ 87500+GST [ Can be claimed once in 5 years]
    The benefit of Cash Medical

    ₹13300 PA

    ECGC PO Exam 2024 Previous Question Papers

    Some previous question papers for the ECGC PO exam are given below.

    Exam PDF
    Previous question 1

    Free Download

    Previous question 2

    Free Download

    ECGC PO Recruitment Notification 2024 PDF

    ECGC PO Recruitment Notification 2024  – Click Here to Download

    Click here to get English communication tips to ace the bank interviews

    Aside from the allowances, benefits, and ECGC wages mentioned above, they are entitled to other reimbursements. The following is a list of reimbursements and their amounts. To discover more about it, scroll through the points.

    Click here to gain more study materials for precise writing

    Compensations Sum in INR
    Reimbursement for entertainment 800 per month
    Household Help Expense Reimbursement 1000 per month
    Earned Leaves (EL) Paid Leaves of 30 days every two years redeemed on Basic, DA, CCA
    Reimbursement for Newspapers 200 per month
    Mobile bill Reimbursement 400 per month
    Meal coupons on every working day received by PO INR 205 per working day
    Office Carry bag 3000 once every three years.
    Mobile Handset Reimbursement 10,000 once in three years.
    Expenses for Household Help Reimbursement 1000 per month.

    Aside from that, the company will pay INR 30,000 in income tax on benefits on your behalf each year. The firm offers a Defined Pension Scheme, in which the company contributes 10% of basic pay plus DA.

    Enroll in Kerala's Top-rated Bank Coaching Program!

    Are you ready to take your banking career aspirations to new heights? Join Entri App's Bank Exam Coaching program to kickstart your preparations!

    Join Now!

    ECGC PO Promotions

    The ECGC PO post is well-known and well-respected. Probationary officers at the Export Credit Guarantee Corporation have great professional progression options as well as a good salary package. The ECGC PO’s career advancement chart can be found below.

    1. Executive Officer/Probationary Officer – Scale I
    2. Assistant Manager – Scale-II
    3. Manager – Scale III
    4. Senior Manager – Scale-IV
    5. Assistant General Manager – Scale V

    Before you fill out the ECGC PO form, you should be aware of the ECGC PO pay and work profile. When you understand your work obligations, as well as the salary and benefits to which you are entitled, everything becomes clear, and you can focus on your preparation for the ECGC PO test.

    Knowing more about the job description and wage structure can aid the candidate in visualising how to plan for their future if they are chosen throughout the recruiting process. To learn more about the ECGC PO Exam and other bank and insurance examinations, download the entri app.

    Related Links

    ECGC PO Exam Date  ECGC PO Syllabus and Exam Pattern
    ECGC PO Eligibility Criteria ECGC PO Salary
    ECGC PO Selection Process ECGC PO Job Profile
    ECGC PO Study Materials ECGC PO Previous Question Papers
    ECGC PO Preparation Tips
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      Sreekesh Narayanan

      Sreekesh Narayanan, a seasoned content writer with 4 years of experience, specializes in creating engaging educational content for exams like PSC, UPSC, SSC, and RRB. A trusted source of knowledge, Sreekesh's PG Diploma in Journalism from Kerala Media Academy and BSc Computer Science form Calicut University ensures accurate and well-researched writing. His skillful breakdown of complex topics, paired with clarity and precision, caters to diverse readers. Through his experience in producing content that guides candidates through exam syllabus, question patterns, and effective study techniques, Sreekesh is well-versed in the latest developments and trends in the field of competitive exams. His valuable articles and resources have supported countless students in achieving success.

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