| Oriental Insurance Assistant Salary Per Month 2025 is Rs.50,925. For OICL careers, recruitment is going on for various posts. Get complete salary breakdown in this article. |
The OICL Assistant Recruitment for 2025 should be a solid chance for grads wanting a secure government job in insurance. Oriental Insurance Company Limited (OICL) is running this recruitment, and they'll probably have Assistant openings in different regional offices all over India.
You'll need a bachelor’s degree from a recognized university and some basic computer skills to apply. Usually, the selection involves Preliminary and Mains exams, and then tests to see how well you know the local language. OICL Assistant jobs offer decent pay, job security, and perks like health insurance, allowances, and chances to move up in your career within the public sector insurance system.
There are around 500 posts and vacancies for the year 2025.
In 2025, an Oriental Insurance Assistant's monthly take-home pay is about Rs. 50,925. This includes a basic pay, along with allowances for:
- Cost of living (DA)
- Housing (HRA)
- Transportation (TA)
- Special Needs
Other benefits include paid time off, health coverage, and group insurance.
Oriental Insurance Assistant Salary Per Month 2025
This salary follows the pay changes for public sector general insurance firms, showing the good pay and job security of government financial positions.
Component | Amount (Approx.) |
Basic Pay | Around Rs. 14,435 |
Dearness Allowance (DA) | Around Rs. 15,250 |
House Rent Allowance (HRA) | Rs. 3,800 – Rs. 4,500(Approx.) |
Transport Allowance (TA) | Rs. 1,000 – Rs. 2,000(Approx.) |
Special Allowance | Rs. 3,000 – Rs. 4,000(Approx.) |
Other Allowances & Benefits | Rs. 2,000 – Rs. 3,000(Approx.) |
Gross Salary | Rs. 50,000 – Rs. 52,000(Approx.) |
Deductions (PF, Tax, etc.) | Rs. 2,000 – Rs. 3,000(Approx.) |
In-Hand Salary (Net Pay) | Rs. 50,925(Approx.) |
Important Note: Actual figures may vary based on location of posting (metro vs non-metro), revised DA slabs, and insurance-specific internal rules. The details in the table are approximations estimated as per standard rules. For accurate details, check official Oriental Insurance notifications.
Perks of Being an Oriental Insurance Assistant (2025)
Here are 10 benefits you can expect as an Oriental Insurance Assistant in 2025, based on standard practices and government insurance rules:
- Steady Government Job: A permanent, government job with pension benefits and solid job security.
- Good Pay: A starting monthly salary around ₹50,925, with raises over time and inflation adjustments.
- Health Coverage: Your medical bills are paid for, including coverage for your family.
- Housing Help (HRA): You get a housing allowance depending on where you live (city size affects the amount). It's either 10%, 20%, or 30% of your base pay.
- Inflation Allowance (DA): This allowance changes every three months to keep up with the cost of living. It makes up a big part of your total pay.
- Travel Perks (LTC): You get money back for trips to your hometown or anywhere in India once in a while.
- Retirement Savings: The National Pension Scheme (NPS) covers you, plus you get gratuity and can cash out unused leave when you retire.
- Regular Work Hours: You work Monday to Friday, with set hours—a good balance between work and life.
- Chance for Advancement: You can move up to positions , such as Administrative Officer, through internal exams.
- Extra Benefits: You also get money for newspapers, furniture, personal accident insurance, and other benefits as per the GI Act.
Important: These benefits come from the pay scales and rules of public sector general insurance companies, as managed by GIPSA (General Insurance Public Sector Association).
Work Responsibilities of Oriental Insurance Assistant
Here's a highlight of what an Oriental Insurance Assistant does and his work responsibilities.
- An assistant at Oriental Insurance Company Limited (OICL) has important clerical and administrative duties.
- They work with policy documents, answer customer questions, enter data, and offer help with underwriting and claims.
- They also create reports, keep records, issue policy certificates, and assist with daily tasks in departments such as accounts, policy servicing, legal, and customer service.
- Assistants are often the initial point of contact for customers at branch locations.
- They keep things running smoothly internally and support administrative officers.
- They can get promotions to officer roles by passing departmental tests. The job usually has a good work-life balance, with a five-day workweek and set work hours.
Level | Promotion Eligibility | Mode of Promotion |
Assistant | Initial Post | Entry-level (via recruitment exam) |
Administrative Officer (AO) | After 5–6 years of service (varies) | Internal Departmental Exam |
Senior AO / Development Officer | After promotion to AO and further years of service | Performance-based + Vacancy-based |
Manager / Assistant Manager | 10–15 years onward | Performance + Seniority + Exam (if any) |
Deputy General Manager | Rare; long service + strong performance | Seniority-cum-merit |
Key Points to Note:
- Advancement and promotion is based on job reviews, background, open positions, and tests within the company.
- Getting promoted from Assistant to AO often means passing a test run by OICL.
- Those who move up to AO will see a good increase in pay, a different pay bracket, and benefits that come with being an officer.
- When workers get a promotion, they might have to move to a different place in India.
