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NIACL Assistant 2020 | Notification, Application form, Eligibility, Salary

NIACL Assistant Recruitment 2020 Notification is yet to be released by the conducting body. NIACL Assistant is a clerical level job with various roles and responsibilities. It is a public sector job that focuses on legal and non-legal insurance claims, data-entry processes, and multiple financial transactions. NIACL conducts the recruitment drive to recruit Assistants in its various branches throughout the nation. The candidates who want to set their career in the reputed insurance sector this is a wonderful opportunity.

The recruitment board will release the NIACL Assistant 2020 Notification soon on the official website. Aspirants are eagerly waiting for this recruitment notification. Go through this article fully to know the complete detail regarding the NIACL Assistant Recruitment 2020. Before start to apply for a competitive examination, one must always have an adequate knowledge of the eligibility criteria, application process, syllabus, exam pattern, etc. Candidates shall check this page regularly for any update related to the NIACL Assistant Recruitment.

Highlights of NIACL Assistant Recruitment 2020

Conducting BodyNew India Assurance Company Limited
Release of NotificationWill Be Released Soon
Application & Payment ModeOnline
Mode of ExamOnline
Examination FeeSC/ST/PWD/Ex-Ser- Rs. 100/-
General/OBC- Rs. 600/-
Number of Vacancies650+ (Expected)
Age-Limit21-30 years
Selection ProcessPrelims Exam (Objective)
Mains Exam (Objective + Descriptive)
Interview Process
Salary(In-Hand)Rs.23,500/-
Official Websitewww.newindia.co.in

 

NIACL Assistant Important Dates 2020

EventsImportant Dates (Tentative)
Notification released onJune 2020
Release of the Application FormJune 2019
Last date to submit the Application FormJuly 2020
Release of Admit CardAugust 2020
Commencement of Phase-I Online ExaminationSeptember 2020
Commencement of Phase-II Online ExaminationOctober 2020

 

NIACL Assistant Vacancy 2020:

This year we have expected the NIACL Assistant Vacancy to be about 650+ throughout the nation. The below table shows the details of NIACL Assistant Vacancies announced in the previous recruitment drive conducted in 2018:

CategoryNumber of vacancies
General375
OBC113
SC105
ST60
Total685

 

NIACL Assistant Eligibility Criteria:

Candidates who are willing to apply for the NIACL Assistant Recruitment have to satisfy the prescribed eligibility criteria given in the official notification. Generally the eligibility criteria consists of 2 levels- Age Limit and Educational Qualification. The following eligible criteria are given below for your reference.

NIACL Assistant Age Limit:

As per the prescribed  age criteria given in the official notification candidates should possess

Minimum: 21 years

Maximum: 30 years

As per the government norms, the age relaxation for various categories are given below for your reference

CategoryAge Relaxation
SC/ST5 years
OBC3 years
PWD10 years
Ex-servicemen/ Disabled Ex-servicemenThe actual period of service rendered in the defense force + 3 years subject to a maximum of 45 years
Widows, Divorced women & women legally separated from their husbands who have not remarried5 years
Persons ordinarily domiciled in Kashmir in the division of the state of J&K during 1-1-80 to 31-12-895 years
Existing Employees of NIACL5 years

 

NIACL Assistant Educational Qualification:

As per the prescribed educational qualification given in the official notification candidates should possess

  • Degree of Graduation from the recognized University or Institute.
  • Students should have the subject of English in their SSC/HSC/Intermediate/Graduation.
  • Also, proficiency in the regional language from the region they want to apply.

NIACL Assistant Application Process:

Application Mode: Online

Application Fee: 

General/OBCRs. 600/- (Application fee including Intimation Charges)
SC/ST/PWD/Ex-Sers. 100/- (Intimation Charges only)

 

Payment Mode: Payment through an online mode.

NIACL Assistant Selection Process:

The board will conduct the selection process based on

  • Phase-I Online Examination (Objective)
  • Phase-II Online Examination (Objective
    + Descriptive)
  • Interview

NIACL Assistant Prelims Exam Pattern 2020:

NIACL Assistant Prelims Exam is the initial phase of the selection process. The question paper will be in Bilingual(Both English and Hindi), except the English language section. Candidates need to qualify each section separately as there will be sectional cutoffs. Prelims exam is just qualifying in nature. Marks obtained in the section won’t be considered for the final selection.

SectionNo of QuestionsMax MarksDuration
Numerical Ability353520 Minutes
Reasoning Ability353520 Minutes
English Language303020 Minutes
Total10010060 Minutes

 

Note:

  • Sectional Timings have been introduced this year.
  • There will be sectional as well as overall cut offs.
  • There will be a 0.25 negative mark for each wrong answer.
  • There is no negative marking for unattempted questions.

NIACL Assistant Mains Exam Pattern 2020:

SectionNo of QuestionsMax Marks
Numerical Ability4050
Reasoning4050
English Language4050
General Awareness4050
Computer Knowledge4050
Total200250

 

Regional Language Test:

After qualifying Mains Examination, candidates will be called for the regional language test. This stage is conducted to test the writing, speaking and reading ability of the candidates. This test is only qualifying in nature, candidates will not be given scores for this section.

NIACL Assistant Exam Syllabus

As mentioned in the exam pattern section above, The NIACL Assistant exam aspirants would need to prepare the topics from 5 sections – Quantitative Aptitude, Reasoning Ability, English Language, General Awareness & Computer Knowledge. We will look at the syllabus topics of each of these sections one by one:

NIACL Assistant Syllabus 2020: Quantitative Aptitude

SimplificationPartnership
Number SeriesAverage
ApproximationProblems on Age
Data SufficiencyTime & Work
MiscellaneousTime & Distance
PercentageProblems on Trains
Profit & LossPermutation, Combination & Probability
Simple & Compound InterestMensuration
Ratio & ProportionData Interpretation

 

NIACL Assistant Syllabus 2020: Reasoning Ability

Alpha – Numeric – Number SeriesInput – Output
Analytical Decision MakingSyllogism
Blood RelationsSeating Arrangements
Coding & DecodingPuzzle
Direction & DistanceScheduling
InequalitiesLogical Reasoning

 

NIACL Assistant Syllabus 2020: English Language

Active & Passive VoiceJoining Sentences
AntonymsPara Completion
Cloze TestPrepositions
Error CorrectionSentence Improvement
Error SpottingSentence Arrangement
Fill in the BlanksSynonyms
Idioms and PhrasesSubstitution

 

NIACL Assistant Syllabus 2020: General Awareness

History of BankingCommittees and heads
RBI FunctionsSports
Banking activities & UpdatesBooks and their Authors
Bank Acts and functionsAgriculture
Banking TermsCurrent Affairs of last six months
Fiscal and Monetary PoliciesInternational Economy
Treasury billsFinance
Awards and HonoursMarketing
Countries and their CurrenciesIndustry
UNOImportant Days

 

NIACL Assistant Syllabus 2020: Computer Awareness

Fundamentals of ComputerMS Office
History of ComputerShortcuts
InternetAbbreviations

 

NIACL Assistant Apply Online 2020:

  1. Candidates to go to the Recruitment Section of Company’s website http://newindia.co.in and click on the option “APPLY ONLINE” which will open a new screen.
  2. To register application, choose the tab “Click here for New Registration” and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidates should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.
  3. In case the candidate is unable to complete the application form in one go, he / she can save the data already entered by choosing the “SAVE AND NEXT” tab. Prior to submission of the online application candidates are advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the same if required. Visually Impaired candidates should fill the application form carefully and verify/ get the details verified to ensure that the same are correct prior to final submission.
  4. Candidates are advised to carefully fill and verify the details filled in the online application themselves as no change will be possible/ entertained after clicking the FINAL SUBMIT BUTTON.
  5. The Name of the candidate or his /her Father/ Husband etc. should be spelt correctly in the application as it appears in the Certificates/ Mark sheets/Identity proof. Any change/alteration found may disqualify the candidature.
  6. Validate your details and Save your application by clicking the ‘Validate your details’ and ‘Save & Next’ button.
  7. Candidates can proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature detailed under point “C”.
  8. Candidates can proceed to fill other details of the Application Form.
  9. Click on the Preview Tab to preview and verify the entire application form before FINAL SUBMIT.
  10. Modify details, if required, and click on ‘FINAL SUBMIT’ ONLY after verifying and ensuring that the photograph, signature uploaded and other details filled by you are correct.
  11. Click on ‘Payment’ Tab and proceed for payment.
  12. Click on the ‘Submit’ button.

NIACL Assistant Admit Card 2020: 

NIACL will issue the NIACL Assistant admit card 15 days prior to the examination date. Separate admit cards will be issued for different stages. It is mandatory to bring the admit card when you are appearing for the examination.

Steps to download NIACL Assistant admit card

  • Candidates kindly visit the official website of newindia.co.in.
  • You will get into the home page.
  • In that find the recruitment section given at the bottom of the page and click on that.
  • Now, click on the NIACL Assistant 2020 Admit Card.
  • Enter the valid login details such as registration number & DOB.
  • Click on the submit button.
  • A new page showing your NIACL Assistant 2020 admit card will appear.
  • Download & take a printout for your examination purpose.

NIACL Assistant Result 2020:

NIACL Assistant Result will be released 20-25 days after the successful completion of the exam. Results for the Prelims & Main examination will be declared separately. Candidates can check their NIACL assistant result through the official website.

NIACL Assistant Cut Off 2020:

The cut-off scores released by NIACL depend on the number of candidates who attend the examination, number of vacancies announced in that particular year, as well as the level of the examination that is conducted. So, one cannot predict the cut-off score of the upcoming NIACL Assistant Examination by simply relying on the previous year cut-off scores.

CATEGORYT1T2T3
English LanguageTest of ReasoningNumerical Aptitude
(Max Marks) 30 (Max Marks) 35 (Max Marks) 35
SC, ST, OBC, PC, EXS & DISEXS AND DXS11.0011.0013.50
GENERAL14.7516.2517.75

 

NIACL Assistant Salary 2020:

  • The initial basic in-hand NIACL Assistant salary is Rs.23,500.
Pay Scale14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-2901-0 1510(2)-32030-1610(5)-40080

 

Initial pay scaleRs.14,435
After Increment (multiple increments)Rs. 40,080


The above mentioned NIACL Assistant salary is excluding the various allowances, benefits, and perks. The allowances such as

    1. House Rent Allowances
    2. Dearness Allowance
    3. Medical Benefits
    4. Leave Travel Subsidy
    5. Leave encashment
    6. Staff Welfare Schemes

NIACL Assistant Job Profile: 

Before joining into any organization, aspirants must be attentive of their roles and responsibilities in the organization. For your reference here we have given the NIACL Assistant Job profiles.

There are three main responsibilities of an Assistant in NIACL:

  1. Accounts- needs to process payments, prepare balance sheets, take care of financial transactions and accounting transactions.
  2. Claims – legal and non-legal aspects of insurance claims, renewing insurance policies, leading the customers with the methods to proceed with claims and maintaining customer queries and records.
  3. Underwriting – this involves issuing policies, gathering finance-related data, writing various kinds of business correspondence and retrieving financial data.

NIACL Assistant Promotion/Career Growth:

The career growth hierarchy of NIACL Assistant os given below

  • Assistant
  • Administrative officer
  • Senior Administrative Officer
  • Assistant Manager
  • Manager
  • Senior Manager
  • Insurance Specialist
  • Director/CEO