OICL 2024: Notification(Soon), Application, Date, Eligibility, Pattern, Syllabus

OICL 2024: Oriental Insurance Company Limited is an insurance company in India which is a PSU and headquartered in New Delhi. The Oriental Insurance Company Limited exam 2024 is a national-level exam popularly known as OICL. Since 1947, OICL is a providing financial facilities to the Indians. Recently, OICL has been consolidated with NICL (National Insurance Company Limited) and UIIC (United India Insurance Company). Since 2003, the ownership of the OICL has been provided by the Indian Government which makes the OICL exam, one of the most competitive exams.

Currently, OICL is serving the country with its profitable facilities in more than 1800 active branches all over the country. Every year, several students apply for this exam to get placed in a reputed insurance company under PSU. For more information about this OICL recruitment procedure, exam, syllabus, and vacancies, you have to visit the official website of OICL i.e. https://orientalinsurance.org.in/.


OICL Official Notification 2024

The official notification for the recruitment of Oriental Insurance Company Limited will be released very soon for the number of vacancies. The upcoming OICL Notification 2024 will be available with the details of the exam pattern, syllabus, and many more pieces of information. The notification will be released in online mode on the official website. 


OICL Recruitment 2024 Overview

Name of ExaminationThe Oriental Insurance Company Limited 2024 
Popular NameOICL 2024 
Owned byGovernment of India (GOI)
Mode of Application Online 
Mode of ExaminationCBT (Computer Based Test)
Location of Job All Over the Country
Name of the postsAccounts, Actuaries, Generalists, Legal Officers, Engineers (Automobile), Medical Officer
Total VacanciesTo Be Announced
Selection CriteriaWritten tests (Prelims and Mains), Personal Interview (PI)
Official Websitehttps://orientalinsurance.org.in

OICL Recruitment 2024 Important Dates

Candidates who want to apply for OICL Posts, must have to know about the important events and dates. The important dates for OICL posts are yet to announced by the OICL officials.

EventsDates
Application/ Registration starts formTo be announced
Application/ Registration ends onTo be announced
Prelims exam date of OICLTo be announced
Prelims admit card releasing dateTo be announced
Prelims result dateTo be announced
Main exam date of OICL To be announced
Mains admit card releasing dateTo be announced
Mains result dateTo be announced
Interview dateTo be announced

OICL Recruitment 2024 Application Form

The application form for OICL 2024 will be released very soon and the application form will be held in online mode. All the information related to the application process can be gathered by the official information on the official website.

Here we have given step by step procedure to fill the application form for OICL posts.

  1. First, visit the official website of OICL.
  2. Now log in to the Oriental Insurance website (www.orientalinsurance.org.in.) 
  3. Now go to the homepage and select the Careers option.
  4. Here you will find the official notification option, you need to choose this option.
  5. To get full information about the posts and eligibility, download the notification and read it carefully.
  6. After reading the notification select the OICL Apply Online option.
  7. Fill the required details and complete the registration procedure.
  8. Now, Login with the details such as application no./ registration no. and password that was sent via email.
  9. Again, fill in all the required details such as personal detail, academic details, and communication detail, etc.
  10. After filling the details, candidates need to upload the scanned copy of the passport size photograph and signature on it and all the other required documents.
  11. After uploading the documents, Save and Verify all the details.

Note- Candidates are requested to fill the application form before the last date of submission. The application form will be accepted only after submitting the application fee.

Application Fee

For General/ OBC Category Candidates: Rs.600/-.

For SC/ST Category Candidates: Rs.100/-.

Mode of Application

The application fee will be filled in online mode only via various payment options such as Credit Card/ Debit Card/ Net Banking, etc.

Relevant Links
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OICL Recruitment 2024 Eligibility Criteria

The eligibility criteria for all the different posts are different. You should check the eligibility criteria according to your interest vacancy. You will be able to fill the form only if you meet all the eligibility criteria of your selected post otherwise your form will be rejected directly. Here we have discussed some basic eligibility criteria for different posts.

Educational Qualification

Post NameMinimum Qualification Details
AccountsMBA (Finance)/ Masters in Commerce/ ICWAI Exam, Cost and Management Accountant
Medical OfficerMinimum MBBS (Bachelor of Medicine & Bachelor of Surgery) degree is required.
Automobile EngineersGraduation in Automobile Engineering with a minimum of 60% for unreserved category, and 55% for SC/ST candidates.
Actuary ProfessionalGraduation with a minimum of 60% marks + 4 Actuarial tests from IAI/IFOA
Legal OfficerMinimum LLB (Bachelors of Legislative Law) degree is required.
GeneralistBachelor’s degree or an equivalent degree from a recognized institute/ university with a minimum of 60% marks for unreserved category and 55% marks for SC/ST candidates.

Age criteria

The minimum age limit is 21 years as of 31st July 2024and the maximum age is  30 years, as of 31st July 2024.


OICL Recruitment 2024 Exam Pattern 

The exam procedure consists of three stages namely Prelims, Mains and Interview round for the OICL 2024exams. Where the prelims is only a qualifying exam whereas mains and interview are responsible for selection for the various post of OICL.

Stages of the Examination

  1. Prelims or Preliminary OICL 2024 Exam – MCQ Based
  2. Mains OICL 2024 Exam – MCQ + Subjective
  3. Interview OICL 2024 Exam

OICL 2024 Exam Pattern for Prelims

SectionMarks 
Quantitative Aptitude35
Reasoning Ability35
English language30
Total Marks100 marks

OICL 2024 Exam Pattern for Mains

  • Total Question: 200
  • Total Marks: 200
  • Duration of exam: 2 hours 30 minutes
  • Question Type: Objective + Descriptive
  • Mode of Examination: Online (Computer Based Test) 
  • Sections : 4 for Generalists and 5 for Specialists
  • Name of Sections:  Logical Reasoning, English Language, Quantitative Aptitude, General Awareness, Professional Knowledge.
  • Marking Scheme: 1 mark will be awarded for every correct answer whereas 1/4 mark will be deducted each wrong answer. 

Sectional Wise Marks Distribution for Mains

OICL Mains exam pattern is different for different posts such as Generalists and for Specialist:

SectionMarks (Generalists)Marks (Specialists)
Quantitative Aptitude 5040
Reasoning Ability 5040
English Language 5040
General Awareness 5040
Professional Knowledge 40
Total200 Marks200 Marks

OICL 2024 Exam Pattern For Personal Interview 

After the Mains examination, qualified candidates will be called for the interview round to check their personality skills and communication expertise. Candidates are advised to reach at the proper time to the examination center.

The weightage of the interview round is about 20% of the total marks. Candidates are advised to prepare themselves for the Interview round to show their practical knowledge with confidence.


OICL Recruitment 2024 Syllabus

The syllabus for OICL recruitment 2024 is almost the same for Prelims and Mains examination but the difficulty level is increased in the mains exam. Here we have given detailed information about the syllabus. 

OICL English Language syllabus for 2024

  • Synonyms
  • Antonyms
  • Comprehension Passages
  • Vocabulary
  • Fill in the blanks
  • One-word substitutions
  • Jumbled Paragraphs
  • Spelling check
  • Idioms and Phrases
  • Omitting
  • Editing
  • Sentence corrections
  • Error Spotting
  • Prepositions
  • Passage Completion
  • Active and Passive Voice
  • Sentence Arrangement
  • Sentence Completion

OICL Logical Reasoning syllabus for 2024

  • Logical Problems
  • Number Series
  • Cause and Effect
  • Analytical Reasoning
  • Verbal Classification
  • Statement and Conclusion
  • Puzzles
  • Data Interpretation
  • Blood Relations
  • Clocks
  • Alphanumeric Series
  • Calendars

OICL Quantitative Aptitude or Mathematical Ability Syllabus for 2024

  • Number sense and numeration
  • Profit and Loss
  • Algebra
  • Geometry
  • Trigonometry
  • Unitary Method
  • Mensuration
  • Data Management
  • Ratio and Proportion
  • Simple Equations
  • Time and Distances
  • Elementary Number Theory
  • Problems on HCF and LCM
  • Compound Interest

OICL General Knowledge Syllabus for 2024

  • Countries and Capital
  • Static GK
  • International Events
  • Literature- Famous Books and Authors
  • Constitution of India
  • Fiscal and Monetary Awareness
  • Inventions and Discoveries
  • Tourism
  • Science and Technology
  • Indian Politics, culture, Sports
  • Indian Geography
  • Science and Technology
  • Famous days in History

OICL Professional Knowledge Syllabus for 2024

  • Actuaries
  • Legal
  • Operating System
  • Database Management
  • Information Technology
  • Marketing Management
  • Human Resource/ Personnel Management
  • Account and Finance

OICL Recruitment 2024 Vacancy

OICL Recruitment 2024Vacancy details for different posts are mentioned as follows in the following table.

Name of the Posts for OICL 2024Number of Vacancies
  
Actuary ProfessionalNotified soon
GeneralistNotified soon
Automobile EngineersNotified soon
AccountingNotified soon
Medical OfficerNotified soon
Legal OfficerNotified soon
Total Number of vacanciesNotified soon

Note: Since the notification for OICL 2024 has not been released until now, that’s why it is unpredictable to tell about the no. of vacancies for different posts. But we will notify soon and fill the details in the column after the official announcement by the OICL authority.


OICL Salary

DesignationAverage Monthly Salary in Rupees
Administrative Officer₹54,000
Assistant Manager₹ 52,500
Divisional Manager₹ 1,11,000
Branch Manager₹ 87,000
Manager₹ 40,000

OICL Recruitment 2024 Result

The result for OICL recruitment 2024 will be released on the official website of OICL in online mode. Candidates can check their result from the official website by using Roll no. and Password/ DoB. The result will be prepared on the basis of marks obtained in the OICL mains exam and performance in the interview. The mark ratio for OICL Mains 2024 exam and Interview will be 80:20. 

Here is the step by step procedure to check and download the result as follow.

  • Visit the official website of OICL.
  • Find the Result section and click on the link.
  • Fill in the required details.
  • Now after entering the details, you will be redirected to your result.
  • Just download it and also take a printout of it, for future reference.

OICL Recruitment 2024 Preparation Tips

Since the OICL exam is a national level exam and so it becomes a little bit tougher. That’s why your preparation should be unique to fix a seat for the OICL posts. Here we have given some tips by which you can easily crack the examination, if you do it then definitely it will be helpful to you.

  • Candidates must have to be updated events around us, it will help them in the current affairs.
  • Candidates are advised to read the English newspaper and to watch English TV Shows to improve the English part.
  • Candidates should have to solve the aptitude questions daily within a fixed time interval. 
  • Give mock tests, it will help you to know the exam structure.

OICL Recruitment 2024 FAQs

What is the official website of OICL (Oriental Insurance Company Limited)?

The official website of OICL is www.orientalinsurance.org.in.

How many stages are there in the OICL examination?

The OICL examination consists of three different stages: Prelims, Mains, and Personal Interview.

What is the age limit for OICL exams?

The minimum age limit to appear for OICL exams is 21 years, and the maximum age limit is 30 years.

What is the application fee for OICL exams?

The application fee for OICL exams is Rs. 600 for candidates in the general category and Rs. 100 for candidates in other reserved categories.

How is the selection process carried out for OICL exams?

The selection process for OICL exams is based on the marks obtained in the mains exam and the interview round.

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