OICL AO - SPLessons

OICL AO Salary and Perks

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OICL AO Salary and Perks

OICL AO - Salary and Perks

An OICL AO receives a handsome salary along with other allowances & benefits. Moreover, an AO will get multiple chances to be promoted to higher levels based on his/her performance. Hence, go through the OICL AO Salary and Perks structure provided in below sections.

shape Salary

Basic Pay Rs. 32795 - 1610(14) - 55335 - 1745(4) - 62315.
Total Emolument Rs. 51, 000/-

The AOs are recruited in the pay scale of 32795 - 1610(14) - 55335 - 1745(4) - 62315. That is, a newly recruited AO will have a basic pay of Rs. 32795/- and after one year, he/she will get an increment of Rs 1610.
Likewise, he/she will get 14 such increments and when the Basic Pay reaches Rs. 55335, he/she will be eligible to get an increment of Rs 1745 for further 4 years till his salary reaches Rs. 62315.

shape Perks

AOs are eligible for many allowances. These include:
    ✦Dearness Allowance ✦House Rent Allowance ✦City Compensatory Allowance ✦Transport Allowance etc.

Which are revised from time to time during settlements and are also eligible for reimbursements like:
    ✦Newspapers ✦Briefcase ✦Furniture (as per eligibility) ✦Books ✦Group Personal Accident Insurance and LTC etc.

Some locations include the quarter facilities for the newly recruited AOs but it is purely subject to availability. AOs are eligible to get reimbursements of medical charges as per eligibility and get some of the dispensary facilities. AOs get loans and advances at a much cheaper rate for Housing, Vehicle, Computers etc. and AOs are covered by the NPS scheme by NSDL and have the benefit of gratuity.
Approximately, gross salary of AO is Rs. 51000/- per month and the CTC excluding the Housing/Quarters comes out to be Rs. 650000/-.