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OICL Recruitment 2024: New Notification Out For 100 Vacancies, Check Post, Age Limit, Qualification, Salary And Other Vital Details
by Gayathri
Updated Apr 02, 2024
OICL Recruitment 2024: New Notification Out For 100 Vacancies, Check Post, Age Limit, Qualification, Salary And Other Vital Details
The recruitment process for various positions, including Accounts, Actuarial, Engineering, Engineering (IT), Medical Officer, and Legal, is open for application through online mode only, with no other means accepted. There are a total of 100 vacancies, with specific allocations for different categories including SC, ST, OBC, EWS, and UR, along with provisions for Persons with Benchmark Disabilities (PwBD).
Selected candidates will be subject to the prevailing service conditions of the company and may be posted anywhere in India. Upon appointment, candidates will undergo a probation period, and they must commit to serving the company for a minimum of four years, with liquidated damages applicable if they resign prematurely.
Emoluments for the positions include a basic pay scale, along with additional allowances and benefits such as pension, gratuity, medical benefits, and accommodation. Educational qualifications must be from recognized institutions, with results declared by December 31, 2023.
Company Name |
OICL |
Post Name |
Administrative Officer Posts |
No of Posts |
100 Post |
Salary |
Rs.50925/- |
Age Limit |
21-30 years |
Job Location |
New Delhi |
Last Date to Apply |
12.04.2024 |
Official Website |
orientalinsurance.org.in |
Qualifications Details for OICL Recruitment 2024
- B.Com with min 60% (55% for SC/ST) from a recognized University. Or MBA (Finance) from a recognized University or Chartered Accountants From ICAl Or Cost and Management Accountant from
- The Institute of Cost Accountants of India earlier known as Cost and Works Accountants (ICWAl)
- Bachelor degree in Statistics / Mathematics / Actuarial Science with 60% marks (55% for SC/ST category) from a recognized University Or
- Master degree in Statistics / Mathematics / Actuarial Science or any other quantitative discipline from a recognized University
- B.E./B.Tech in Information Technology /Computer Science/Electronics & Communication (ECE) Discipline with min 60%(55% for SC/ST) from a recognized University Or
- M.E/M.Tech in Information Technology/Computer Science/Electronics & Communication(ECE) Discipline from a recognized University Or
- MCA with min 60% (55% for SC/ST) from a recognized University
- Graduate in law with min 60% (55% for SC/ST) from a recognized university.
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Age Limit for OICL Recruitment 2024
- As of December 31, 2023, the minimum age requirement for applicants is 21 years.
- The maximum age allowed for applicants is 30 years.
- Scheduled Caste/Scheduled Tribe candidates have a 5-year relaxation in the upper age limit.
- Other Backward Classes (Non-creamy layer) have a 3-year relaxation in the upper age limit.
- Persons With Benchmark Disability, as defined under "The Rights of Persons with Disabilities Act 2016," have a 10-year relaxation in the upper age limit.
Pay Scale for OICL Recruitment 2024
- Basic pay of Rs.50925/- in the scale of Rs.50925-2500(14-85925-2710(4)-96765 and other admissible allowance as applicable.
- At present total emoluments will be approximately Rs.85000/- p.m. in Metropolitan Centers.
- Other benefits such as Pension under New Pension system governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules.
- The Officers are also entitled for Company's / leased accommodation as per norms.
Application Fee for OICL Recruitment 2024
- SC/ST/Persons with Benchmark Disability (PwBD)/ Confirmed employees of Oriental Insurance Company: Rs.250/-(Intimation charges only) +GST as applicable
- All candidates other than SC/ST/PwBD/Confirmed employees of Oriental Insurance Company: Rs. 1000/-(Application fee including Intimation charges) +GST as applicable.
Selection Process for OICL Recruitment 2024
- Phase-l: Preliminary Examination
- Phase - II: Main Examination
- Objective Test: The Objective Test of 2.5 hours duration will be as follows. There will be separate timing for every section.
- Phase - III: Interview
- Final selection
How to Apply for OICL Recruitment 2024
- Candidates to go to the Recruitment Section of Company's website www.orientalinsurance.org.in and under "Career" section click on the option "APPLY ONLINE" which will open a new screen.
- Online Registration commences from / Payment of fees: 21.03.2024
- Last Date for Online Registration / payment of fees: 12.04.2024
- Dates of online Examination: Tentatively in May/June 2024
- To register application, choose the tab "Click here for New Registration" and enter Name, Contact details and Email-id.
- A Provisional Registration Number and Password will be generated by the system and displayed on the screen.
- Candidate should note down the Provisional Registration Number and Password.
- An Email & SMS indicating the Provisional Registration number and Password will also be sent.
Notification PDF for OICL Recruitment 2024
- Official Notification PDF for Oriental Insurance Company Recruitment 2024: Click here to access the official notification.
- Click For The Official Notification