ECGC PO Salary 2024

ECGC PO recruitment 2024 short notification has been released on september 13th, 2024.The ECGC PO notification calls for new recruits for the post of Probationary officers.Before applying for the ECGC PO recruitment exam, ensure that you go through the complete official notification 2024, especially the ECGC PO eligibility criteria in detail to avoid rejection in the future.

Once you clear the ECGC PO exam 2024 recruitment process and are selected as a Probationary Officer in ECGC you will receive a starting salary of Rs 53600/ month. At present, the total CTC of ECGC PO posted in Mumbai is approximately Rs.16 lakh per annum. The ECGC PO salary structure 2024 will be enhanced as one goes higher in the hierarchy ladder. To know about the ECGC PO 2024 salary in detail, refer to the table below.

PostSalary

Probationary Officer

  • Pay Scale - 53600-2645(14)-90630-2865(4)-102090
  • Allowances - Dearness Allowance, House Rent Allowance / House Lease Reimbursement, Transport Allowance, Medical Allowance, Newspaper Allowance, Meal coupons, Reimbursement of Mobile Bills, Mobile Handset & Briefcase Allowance, Furniture Allowance, Household help Allowance

ECGC PO Perks and Allowances

Besides receiving a handsome salary, you will also be entitled to various perks and allowances as mentioned below.

  • Dearness Allowance
  • House Rent Allowance / House Lease Reimbursement
  • Transport Allowance
  • Medical Allowance
  • Newspaper Allowance
  • Meal coupons
  • Reimbursement of Mobile Bills
  • Furniture Allowance
  • Household Help Allowance

ECGC PO Bond Period

Selected as an ECGC PO 2024, you need to execute a bond equivalent to three months' salary to serve the ECGC for a minimum period of three years. In case you resign from the service before 3 years from the date of joining, the bond will be invoked. Also, you need to serve a 3-month notice period before leaving the bank.

Note: If you fail to fulfill the conditions as stated above, you are liable to pay a sum equal to your salary for a certain period of notice, which sum may be deducted from any money due to you.

ECGC PO Job profile

ECGC POs play a crucial role in evaluating trade risks. Specializing in export credit insurance, ECGC plays a pivotal role in supporting Indian exporters. Through its services, it safeguards exporters against the risks associated with non-payment by overseas buyers, thereby and facilitates smoother and more secure international trade transactions for the Indian business community.

ECGC POs working closely with exporters to understand and manage potential risks in trade operations, specialize in export risk underwriting. Their responsibilities include regular interactions with banks, exporters, and foreign buyers to monitor payment statuses and ensure smooth transaction processes. This constant engagement and risk assessment help maintain the stability and reliability of export transactions, benefiting both exporters and the overall trade ecosystem.

ECGC PO Online Coaching

Doing well in the ECGC PO exam depends on how well you can manage your time, organize your study materials, and learn the important topics effectively. ixamBee brings you the ECGC PO Online Course, which offers top-quality study materials. Our experts created this course by extensively studying past ECGC PO syllabus and exam patterns, for you to thoroughly understand the basics and concepts.