NIACL Recruitment 2024: Notification(Out), Application(Till Feb 15), Eligibility, Pattern

NIACL Recruitment 2024: A formal notice of recruitment for the position of Assistant has been issued by New India Assurance Company Limited, offering 300 openings. Candidates who meet the requirements are encouraged to apply via the official website at https://newindia.co.in/ between February 1 and February 15, 2024. To learn more about the hiring campaign, continue scrolling down.

Three exams must be passed: Licentiate, Associate, and Fellowship. The increment is applied to each step separately. Candidates selected in NIACL recruitment will enjoy Accommodation Perks in Metropolitan Areas, and a good number of leaves, including casual leave, sick leave, and so on. The candidate is also eligible for a five-day job with less work.

NIACL has a high-priority incentive plan. Candidates are promoted based on how well they perform. The NIACL promotion/career growth hierarchy is in order of Assistant, Administrative Officer, Senior Administrative Officer, Assistant Manager, Manager, Senior Manager, Insurance Specialist, and Director/CEO.


NIACL Recruitment Notification 2024

The NIACL is a recruitment campaign for several positions held by the NIACL General Insurance Company, including Assistant and Administrative Officer. The name New India Assurance Company Limited is shortened to NIACL.

The NIACL AO notification will be issued by the authorities. The notification is brief, though, and a longer one is anticipated very soon.


NIACL Recruitment Exam Overview 2024

Particulars Details
Exam Name  NIACL 2024
Exam Conducting Authority The New India Assurance Company Limited
Application Process Online
Examination Mode  Online
Exam Stages 
  • Preliminary,
  • Mains and
  • Interview
Posts Offered NIACL AO Generalist, Assistant
Official website www.newindia.co.in

NIACL Recruitment Exam Dates 2024

By examining data from prior years regarding NIACL exam dates, candidates can acquire an idea of the NIACL exam schedule. The tentative exam dates for NIACL 2024 are shown in the table below:

EventsDates (Tentative)
Official Notification Release 29th January 2024
Commencement of Online Application ProcessFebruary 01, 2024
Last Date to Submit the Online Application FormFebruary 15, 2024
Prelims Examination Date2nd March 2024
Admit Card Issue 10-15 days before the exam date
Mains Examination Date13th April 2024
Preliminary Phase ResultTo Be Announced
Mains Stage ResultTo Be Announced
NIACL Interview DateTo Be Announced

NIACL Recruitment Vacancy 2024

The NIACL Assistant 2024 official announcement has not yet been made public online.

However, the company hired 653 applicants in total for various disciplines in 2018. Candidates can check at the 2018 opening in the interim.

Category-wise Vacancies (provisional)

SC ST OBC GEN Total
105 60 113 375 653

Category-wise backlog vacancies:

SC ST OBC Total
4 10 18 32

NIACL AO Vacancy

There were 300 open positions in total for the NIACL AO Recruitment in 2021. Below is a list of each category’s open positions.

Categories No. of Vacancies
UR 17
EWS 30
OBC 10
SC 68
ST 43
PWD 132
Total 300

NIACL Recruitment Eligibility Criteria 2024

Candidates for the NIACL exam must be able to convince the panel that they qualify under the terms of nationality, education, and age relaxations.

Age Limit

Candidates must be aged between 21 and 30. Depending on the category to which they belong, applicants may also qualify for age reductions. For the positions of Assistant and Administrative Officers at NIACL, the following age relaxation is applicable.

Categories NIACL Age Relaxation
Scheduled Caste / Scheduled Tribe 5 Years
Other Backward Class (Non-Creamy Layer) 3 Years
Person with Disability 10 Years
Ex-Servicemen 5 Years
Defence service personnel disabled in operation 3 Years
Persons originally domiciled in the State of Jammu & Kashmir during the period 1-1-80 to 31-12-89 5 Years
Existing Confirmed Employees of Public Sector General Insurance Companies (including GIC & Agriculture Insurance Company of India Ltd.) 8 Years

Educational Qualifications

After completing the NIACL Recruitment 2024 Examination, applicants who want to join the organisation should meet the following educational requirements.

Name of the Post Required Educational Details
Administrative Officers (AO) Graduation/Post Graduation with 60 percent marks in any discipline from a recognized university is the minimum qualification required for the NIACL AO exam. SC/ST should have 55%.
Assistant
  • A candidate must have a Bachelor’s degree in any discipline from a recognized university or an equivalent qualification recognized by the Central Government.
  • The candidate must have passed English as one of his or her subjects at the SSC/HSC/Intermediate/Graduate level. As of the date of application registration, the candidate must have a certificate proving that he or she has passed the qualifying examination.

Nationality

Candidates must belong to one of the following groups to be eligible:

  • A resident of India.
  • A resident of Nepal.
  • A resident of Bhutan.
  • A Tibetan refugee who entered India prior to January 1, 1962.
  • An individual of Indian descent who relocated permanently to India from nations including Pakistan, Burma, Sri Lanka, Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia, Sri Lanka, and Vietnam.

NIACL Recruitment Application Form 2024

The methods listed below can be used by applicants who want to complete the NIACL 2024 application form.

Step 1: Registration Process

On the NIACL website, candidates must first register for the exam. Candidates can use the following techniques:

  1. Go to the official website at https://www.newindia.co.in/portal/ and click on the drop-down menu for ONLINE APPLY.
  2. Choose “New Sign-Up” and fill out your name, address, and email address.
  3. It will generate a temporary registration number and password. Make a note of it and store it safely.
  4. Click “Save and Next” after you have finished filling out all the fields.
  5. Verify your information one more, and then press the “Final Submit” button.

Step 2: Application Form

Candidates must follow these procedures in order to fill out the NIACL application form:

  1. Utilize your registration ID and password to access the official NIACL website.
  2. Complete the application form by entering all necessary facts, including your selections for the exam center and your educational background.
  3. Candidates are now required to provide passport-sized photos as well as scanned pictures of their signatures.
  4. Review the application and make any required modifications.

Step 3: Application Fee

When submitting an application for NIACL Recruitment, candidates must pay an application fee. The application fee can be paid through debit cards, credit cards, mobile wallets, online banking, etc. Candidates should be aware that the application cost is non-refundable.

Candidates must pay the application cost at the last stage in order to submit their application form. The following is a list of the application fees for candidates in various categories:

Category Application Fees
SC/ST/PWD Rs. 100/-(Intimation Charges only)
Other than SC/ST/PWD

Rs. 850/-  (Application fee including Intimation Charges)

Relevant Links
NABARD Recruitment GIC Recruitment NHB Recruitment
EXIM Bank Recruitment Canara Bank Recruitment RBI Office Attendant

NIACL Recruitment Admit Card 2024

Applicants who successfully submit an application form and the application fee will be given the NIACL Admit Card. The admit card includes details like personal data, the exam date and time, the NIACL Exam Center, and more. Below are the instructions for accessing the admission card.

Steps to Download NIACL Admit Card 2024

Candidates can download the admit card by following the instructions below:

  • Visit NIACL’s official website.
  • Go to the website’s home page and select the “Recruitment” option.
  • Next, click the link to download the NIACL admit card for the position you applied for.
  • The “Registration Number” and “Date of Birth” must be entered in the correct fields before clicking the “Submit” button.
  • The computer screen will show the admission card.
  • The hall ticket may be downloaded, saved, or printed for later use.

Information on the NIACL Admission Card

Candidates are advised to double-check the information on the NIACL Admit Card before downloading it from the official website. You should get in touch with the appropriate authority as soon as you find any anomalies or inaccuracies on the admission card and ask for the correction or issuing of a new hall ticket. The admission card has the following information printed on it:

  • Signature
  • Subject Applied
  • Exam Day Instructions
  • Name
  • Photo
  • Date of Birth
  • Exam Date, Time, and Venue
  • Roll Number

NIACL Recruitment Exam Pattern 2024

The preliminary and main exams make up the two parts of the NIACL assistant selection process. The first stage is the Preliminary Exam, then comes the Main Exam. The following describes the exam format for both of these stages:

Assistant Exam Pattern

The first stage of the hiring procedure for the Assistant post at New India Assurance Company Limited is the preliminary examination.

Preliminary Exam

The details of the preliminary exam are as follows: –

  • There are a total of 100 questions.
  • One point is assigned to each question.
  • The hour-long Preliminary Exam is scheduled.
  • The official website has not yet made the specifics of the negative marking public.
Sr. No. Name of Test No. of Questions Maximum Marks Duration
1. English Language 30 30 20 minutes
2. Reasoning Ability 35 35 20 minutes
3. Numerical Ability 35 35 20 minutes
Total 100 100 1 Hour

Mains Exam

The most crucial and last step in the selection process is the Main Examination. The Main Examination is open to applicants who successfully complete the NIACL Assistant Preliminaries. The Main Examination exam pattern specifics are as follows: –

  • The Main Examination carries a 250-mark maximum.
  • Each answer is worth 1.25 points.
  • The Main Exam takes two hours to complete.
  • The official website has not yet made the specifics of the negative marking public.
Subject No. of Questions Maximum Marks Duration
Numerical Ability 40 50 2 hours
English Language 40 50
Reasoning 40 50
General Awareness 40 50
Computer Knowledge 40 50
Total 200 Questions 250 marks

AO Exam Pattern

There are sections on the NIACL AO Exam. There are portions for reasoning, quantitative aptitude, English language, and general awareness in the technical and professional knowledge test for that discipline. There are two classifications for patterns. One is for applicants seeking Generalist roles, and the other is for positions seeking Specialists. The ensuing details are given for both Exam Patterns:

Preliminary Exam Pattern

Subject Maximum Marks Duration
English Language 30 20 minutes
Reasoning Ability 35 20 minutes
Numerical Ability 35 20 minutes
Total 100 1 Hour

Mains Exam Pattern

The NIACL AO Mains Exam will consist of two papers: an Objective Paper lasting two hours and thirty minutes, and a Descriptive Paper lasting one hour and thirty minutes. The exam format is as follows:

Objective Test

Section Maximum Marks Duration
Test of Reasoning 50 40 Minutes
Test of English Language 50 40 Minutes
Test of General Awareness 50 30 Minutes
Test of Quantitative Aptitude 50 40 Minutes
Total 200 150 Minutes

Descriptive Test

  • A 30-minute descriptive test with a possible 30 points will be given.
  • 10 points for writing a letter
  • Essay (20 points)
  • The online, English-language descriptive test will be administered.

NIACL Recruitment Post-wise Syllabus 2024

The NIACL Syllabus for the Preliminary and Main Exams is available to candidates applying for the NIACL Recruitment 2024. Candidates will have to respond to questions that are both objective and descriptive. The following subject areas are predicted for employment as an administrative officer and assistant

NIACL Assistant Syllabus 2024

The NIACL Assistant Exam offers a wide range of general topics on its syllabus. It encompasses computer literacy, English language proficiency, reasoning skills, and quantitative aptitude. Important themes from each section are included in the curriculum, as can be seen in the table below.

Subjects Topic
Quantitative Ability
  • Data Interpretation,
  • Sequence & Series,
  • Simplification,
  • Approximation,
  • Quadratic Equations,
  • Arithmetic,
  • Probability,
  • Data Sufficiency
English Language
  • Reading Comprehension,
  • Cloze Test,
  • Spotting Errors,
  • Sentence Improvement,
  • Para Jumbles,
  • Fillers,
  • Para Completion
Logical Reasoning
  • Puzzles,
  • Seating Arrangement,
  • Inequality,
  • Syllogism,
  • Input-Output,
  • Coding-Decoding,
  • Data Sufficiency,
  • Verbal Reasoning,
  • Miscellaneous
Computer Knowledge
  • Fundamentals of Computer,
  • History of Computer,
  • Internet,
  • MS Office,
  • Memory,
  • Input-Output devices,
  • Computer Shortcuts,
  • Important Abbreviations

NIACL AO Syllabus 2024

Candidates who intend to appear for the test should regularly check the official website. The following is the syllabus for each test component:

Subjects Topic
Quantitative Aptitude
  • Ration & proportion
  • Profit & loss
  • Pipe & cistern
  • Simple interest & compound interest
  • Percentage
  • Simplification
  • Speed, time & distance
  • Train, boat & stream
  • Average
  • Partnership
  • Mensuration
  • Age-based Problems
  • Allegation & mixture
  • Numbering series
  • Time & work
Reasoning Ability
  • Data sufficiency
  • Order ranking
  • Puzzles
  • Alphabetic series
  • Inequality
  • Logical reasoning
  • Directions
  • Coding-Decoding
  • Seating Arrangement
  • Syllogism
  • Blood relation
  • Input-output
English Language
  • Para completion
  • Error spotting
  • Reading-comprehensions
  • Para Jumbles
  • Cloze Test
  • Vocabulary
  • Sentence correction
  • Phrase replacement
  • Fill in the blanks
General Awareness
  • Static Awareness
  • Finance Awareness
  • Banking & Insurance Awareness
  • Policies and schemes of the government
  • Current Affairs of the nation and worldwide

NIACL Recruitment Recommended Preparation Books

To ace the exam on their first try, candidates need prepare effectively. To make sure they cover every vital subject mentioned in the NIACL Syllabus and Exam Pattern, candidates should study from the best books and study materials. Here is a selection of crucial books for applicants sitting the preliminary and main exams for the NIACL Recruitment.

Subject Books Author/Publication
English Language Word Power Made Easy Norman Lewis
Wren & Martin English Grammar and Composition Dr. N.D.V Prasad Rao
Objective General English SP Bakshi
General Awareness General Knowledge Manohar Pandey
Manorama Year Book Mammen Mathew
Lucent General Knowledge Dr. Binay Karna
Quantitative Aptitude Fast Track Objective Arithmetic Rajesh Verma
Quantitative Aptitude for Competitive Examinations RS Aggarwal
Pearson Guide to Quantitative Aptitude for Competitive Exam Dinesh Khattar
Reasoning A Modern Approach to Logical Reasoning R S Aggrawal
A New Approach to Reasoning Verbal and Non-Verbal Analytical B.S Sijwalii
Analytical Reasoning MK Pandey

NIACL Recruitment Answer Key 2024

After the first phase of the online test is finished, the hiring authority will publish the NIACL AO Answer key. On the official website, you can access the Answer Key. The test results can be predicted with the help of the answer key. Candidates must score higher than or equal to the cut-off marks listed on the NIACL website in order to be eligible to take the exam.
All of the right exam answers will be included in the answer key. Candidates may compute their estimated scores using the answer key.

The candidate must tell the NIACL right away if they find any mistakes in the answer key. If the mistakes are verified, NIACL will implement the required adjustments.


NIACL Recruitment Results 2024

Results for the NIACL Assistant Exam are made public 20–25 days following the test. The results are released separately when both the preliminary and main exams are held. Candidates can easily view the results because they are released on the NIACL website.


NIACL Recruitment Previous Year Cutoff Marks

Once the recruiting exam has been finished, the NIACL Cut Off will be made public. On the official website, the cut-off scores for the online test will be made available.

Knowing the syllabus and the exam cut-off marks is crucial before starting any exam preparation.

NIACL Assistant Cutoff for 2018

Prelims

The cut-off scores for the 2018 Prelims Exam are released and are shown below. It will be beneficial for exam preparation.

Category English Language (Total Mark -30) Test of Reasoning (Total Mark -35) Numerical Aptitude (Total Mark -35)
SC, ST, OBC, PC, Ex-Servicemen 11.00 11.00 13.50
General 14.75 16.25 17.75

Mains

The cut-off scores for the 2018 Main Exam are released and are shown below.

State SC ST UR OBC
Andaman & Nicobar 150.32 125
Andhra Pradesh 127.20 169:38
Assam 130.31 123.75 156.26 146.57
Bihar 169.38
Chandigarh 139.38 175.01 159.69
Chhattisgarh 136.26 118.45 171.57
Delhi 144.70 124.07 171.87 155.64
Goa 141.88
Gujarat 156.25 117.51 164.38 148.76
Haryana 135.62 174.38
Himachal Pradesh 142.20 173.77
Jammu & Kashmir 145.00 121.88 173.13
Jharkhand 138.45 170.01
Karnataka 130.94 132.83 160.3 149.38
Kerala 146.88 173.76 167.50
Madhya Pradesh 136.25 121.25 170.94
Maharashtra 153.12 113.44 164.39 155.00
Odisha 138.76 120.01 169.69 163.13
Puducherry 177.19
Punjab 141.25 179.70
Rajasthan 1,54.38 139.08 176.25 161.58
Tamil Nadu 141.88 129.69 164.38
Telangana 146.89 131.26 168.76
Tripura 115.94 172.83
Uttar Pradesh 141.88 173.45 155.62
Uttarakhand 139,.70 170.32
West Bengal 148.45 118.44 146.88 150.95

NIACL AO Cutoff 2019 Category Wise Cut Off

The following table lists the minimum scores (out of 100) for each category used to shortlist applicants for the Administrative Officer main round.

Post SC ST OBC UR HI OC VI ID/MD
Company Secretary 36.75
Legal 20.25 14.50 16.75 36.25 18.25
Finance & Accounts 47.00 28.25 46.25 56.50 34.50 36.50
Generalist 70.50 61.00 75.75 80.25 45.25 69.50 72.25 34.00

Influences on NIACL Cutoff Marks

Due to a number of variables, the NIACL Cut Off changes every year. The following are the main variables that affect the selection of candidates for NIACL job openings:

  • Number of candidates appearing in the exam.
  • The Difficulty of the Exam.
  • Total number of vacancies
  • Candidate Cut-Off Points by Category from the Previous Year

NIACL Recruitment Salary Structure 2024

Those chosen for the recruitment drive in 2024 are eligible for a number of perks, including Dearness Allowance, House Rent Allowance, and others. Below is a thorough explanation of the NIACL Salary Structure:

NIACL Assistant Salary Structure

The NIACL compensation is one of the primary factors influencing applicants’ interest in the position.

Salary information for NIACL Assistants can be found in the following pointers:

  • The beginning pay for an NIACL Assistant in a major city is Rs. 23,500, with many benefits including leave and newspaper.
  • According to the NIACL Notification, they are qualified for a salary scale of 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080.
  • Candidates have a range of training possibilities after being chosen, allowing them to learn about many facets of banking.
  • Benefits of Staying in Major Cities
  • a sizable amount of leaves, such as sick leave and casual leave.
  • five-day workweek with less work and a respectable living.
  • After the Fellowship is finished, a raise of Rs. 1550 is available.

NIACL AO Salary Structure

The number of applicants for the NIACL AO test is remarkably large considering that it is not regularly held.

The pay information for NIACL AO is as follows:

  • In addition to other permissible allowances, the base salary is Rs. 32795-1610(14)-55335-1745(4)-62315.
  • When your base salary exceeds Rs. 5,53,355, you will be qualified for 14 increments.
  • You will be qualified for a rise of Rs 1745 every year for the following four years, up to a maximum of Rs 62,315.
  • Total emoluments will be close to Rs 51,000 per month with other allowances like Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance, and so on.

NIACL Recruitment FAQs

What is the NIACL Administrative Officer’s Base Salary? Is it accurate to say that NIACL offers lodgings to its staff?

The NIACL Administrative Officer’s (AO) base salary is INR 32,725; the company does offer accommodations to its staff, although not initially. The lodging must be found by the recruits.

What level of education is required to apply for the NIACL AO exam?

To be eligible for NIACL AO, candidates must have graduated with at least a 60 percent grade point average.

Do the NIACL Mains Exam sectional cutoffs exist?

Yes. There is a sectional cutoff for each section of the NIACL Assistant Mains Examination. To pass the test, it is advised that the candidate comprehend the fundamental idea behind each component.

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