OICL 2024: Oriental Insurance Company Limited is an insurance company in India which is a PSU and headquartered in New Delhi. Oriental Insurance Company Limited exam 2024 is a national level exam and 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 is provided by the Indian Government which makes the OICL exam, one of the most competitive exam.
Currently, OICL is serving the country with its profitable facilities in more than 1800 active branches all over the country. Every year, a number of 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/.
Table of Contents
OICL Official Notification 2024
The official notification for the recruitment of Oriental Insurance Company Limited will be going to 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 Examination | The Oriental Insurance Company Limited 2024 |
| Popular Name | OICL 2024 |
| Owned by | Government of India (GOI) |
| Mode of Application | Online |
| Mode of Examination | CBT (Computer Based Test) |
| Location of Job | All Over the Country |
| Name of the posts | Accounts, Actuaries, Generalists, Legal Officers, Engineers (Automobile), Medical Officer |
| Total Vacancies | To Be Announced |
| Selection Criteria | Written tests (Prelims and Mains), Personal Interview (PI) |
| Official Website | https://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.
| Events | Dates |
|---|---|
| Application/ Registration starts form | To be announced |
| Application/ Registration ends on | To be announced |
| Prelims exam date of OICL | To be announced |
| Prelims admit card releasing date | To be announced |
| Prelims result date | To be announced |
| Main exam date of OICL | To be announced |
| Mains admit card releasing date | To be announced |
| Mains result date | To be announced |
| Interview date | To 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.
- First, visit the official website of OICL.
- Now log in to the Oriental Insurance website (www.orientalinsurance.org.in.)
- Now go to the homepage and select the Careers option.
- Here you will find the official notification option, you need to choose this option.
- To get full information about the posts and eligibility, download the notification and read it carefully.
- After reading the notification select the OICL Apply Online option.
- Fill the required details and complete the registration procedure.
- Now, Login with the details such as application no./ registration no. and password that was sent via email.
- Again, fill in all the required details such as personal detail, academic details, and communication detail, etc.
- 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.
- 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 | ||
|---|---|---|
| LIC ADO | NIACL AO | ESIC Recruitment |
| PNB SO | Bank Of India | NIACL Assistant |
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 Name | Minimum Qualification Details |
|---|---|
| Accounts | MBA (Finance)/ Masters in Commerce/ ICWAI Exam, Cost and Management Accountant |
| Medical Officer | Minimum MBBS (Bachelor of Medicine & Bachelor of Surgery) degree is required. |
| Automobile Engineers | Graduation in Automobile Engineering with a minimum of 60% for unreserved category, and 55% for SC/ST candidates. |
| Actuary Professional | Graduation with a minimum of 60% marks + 4 Actuarial tests from IAI/IFOA |
| Legal Officer | Minimum LLB (Bachelors of Legislative Law) degree is required. |
| Generalist | Bachelor’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
- Prelims or Preliminary OICL 2024 Exam – MCQ Based
- Mains OICL 2024 Exam – MCQ + Subjective
- Interview OICL 2024 Exam
OICL 2024 Exam Pattern for Prelims
| Section | Marks |
|---|---|
| Quantitative Aptitude | 35 |
| Reasoning Ability | 35 |
| English language | 30 |
| Total Marks | 100 marks |
- Total Question: 100
- Total Marks: 100
- Duration of exam: 1 hour
- Mode of Examination: Online (Computer Based Test)
- Sections of Prelims: 3
- Name of Sections: Logical Reasoning, English Language, Quantitative Aptitude.
- 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-
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:
| Section | Marks (Generalists) | Marks (Specialists) |
|---|---|---|
| Quantitative Aptitude | 50 | 40 |
| Reasoning Ability | 50 | 40 |
| English Language | 50 | 40 |
| General Awareness | 50 | 40 |
| Professional Knowledge | – | 40 |
| Total | 200 Marks | 200 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 2024 | Number of Vacancies |
|---|---|
| Actuary Professional | Notified soon |
| Generalist | Notified soon |
| Automobile Engineers | Notified soon |
| Accounting | Notified soon |
| Medical Officer | Notified soon |
| Legal Officer | Notified soon |
| Total Number of vacancies | Notified 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
| Designation | Average 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
The official website of OICL is www.orientalinsurance.org.in.
The OICL examination consists of three different stages: Prelims, Mains, and Personal Interview.
The minimum age limit to appear for OICL exams is 21 years, and the maximum age limit is 30 years.
The application fee for OICL exams is Rs. 600 for candidates in the general category and Rs. 100 for candidates in other reserved categories.
The selection process for OICL exams is based on the marks obtained in the mains exam and the interview round.