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ECGC PO Salary 2023, In Hand Salary, Pay Scale, Job Profile

ECGC PO Salary 2023

ECGC PO Salary 2023: According to the Export Credit Guarantee Corporation, the candidates selected under ECGC PO Recruitment get a handsome salary along with a dozen of perks and benefits which in turn tempts the government job seekers to apply for this job. It is important to have a glance at the salary structure, pay scale, and job profile of the ECGC PO Vacancy 2023. To get the details of ECGC PO Salary 2023 go through the article.

ECGC PO Salary 2023 Overview

The ECGC PO Recruitment 2023 has been released and the ECGC PO Salary 2023 details for the post of various posts.

ECGC PO Salary 2023
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 Notification 2023 Out

ECGC PO Salary Per Month

 ECGC PO Salary Per Month: The Export Credit Guarantee Corporation has mentioned the ECGC PO Salary in the official notification. Candidates can refer to the notification for in-depth data on Salary. The ECGC PO Monthly salary or the minimum basic pay is Rs. 53,600/- with an annual increment of Rs. 2,645/-. It consists of the basic pay and allowances. The complete ECGC PO Salary Structure 2023 is given below.

ECGC PO Salary Structure 2023

The candidates can have a look at the table below for ECGC PO Net Pay or the in-hand salary distribution. The ECGC PO Salary Structure 2023 has been tabulated below.

ECGC PO Salary Structure 2023
Basic Pay 53600/-
DA 24,596/-
HRA 32,500/-
City Compensation ( Depends upon the place of posting) 983/-
Grade Allowance 6000/-
Special Functional Allowance 775/-
Family Allowance 950/-
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

ECGC PO Salary In Hand

The ECGC PO Salary in hand consists of basic pay and various allowances such as DA, HRA, Family allowance, transport allowance, deductions, income tax, etc. as mentioned above. The sum of the salary in hand is between Rs. 53600/- to Rs. 1,13,395/- which is a very handsome amount for the newly recruited POs. This is the initial in-hand salary that is paid to the selected candidates. As the service period goes on, this sum keeps on increasing..

ECGC PO Job Profile

Once the candidate is appointed as ECGC PO they have to perform certain duties/jobs. There are various responsibilities that an employee under ECGC PO has to carry out. We have discussed below the job profile of ECGC PO Recruitment 2023.

  • 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 receive several perks and benefits and get selected for various posts. We have detailed below the benefits & perks.

  • 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 Salary 2023 Career Growth

ECGC PO offers great chances for growth, based on the performance and contribution to the bank, there are many chances for growth. When a person works in various posts he learns the different ways the bank functions and chances to prove your potential and merit.

  • Executive Officer/Probationary Officer – Scale I
  • Assistant Manager – Scale-II
  • Manager – Scale III
  • Senior Manager – Scale IV
  • Assistant General Manager – Scale V

ECGC PO Cut Off (Previous Year)

ECGC PO Syllabus 2023

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FAQs

Q1. What is the basic pay of ECGC PO 2023?

Ans. The basic pay of ECGC PO 2023 is Rs. 53,600/-.

Q2. What are the benefits that an ECGC PO receives apart from the salary?

Ans. ECGC PO gets the facility of DA, HRA, Medical, Travel, Transport Allowances to name a few.

Q3. What is the ECGC PO Job Profile?

Ans. We have discussed the ECGC PO Job Profile in the article.

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