A candidate applying for recruitment in the Company must be either- (a) a citizen of India, or (b) a subject of Nepal, or (c) a subject of Bhutan, or (d) a Tibetan refugee who came over to India before 1st January, 1962 with the
intention of permanently settling in India, or (e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. Provided that a candidate belonging to categories (b), (c), (d) and (e) shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.<\/p>\n\n\n\n
![\"This](\"https:\/\/www.practicemock.com\/blog\/wp-content\/uploads\/2021\/08\/NIACL-AO-Free-MT-1024x128.jpg\")
<\/a><\/figure>\n\n\n\n
Please note the Important Dates<\/p>\n\n\n\n
On-line registration and payment of application fees 1st to 21st Sept. 2021 (both dates inclusive) Phase-I Online Examination (Objective) October 2021 (tentative)
Phase-II Online Examination
(Objective + Descriptive) November 2021 (tentative)<\/p>\n\n\n\n
Candidates should apply through On-Line mode only. No other means\/mode of application will be accepted. Please keep referring to Recruitment section of their website http:\/\/newindia.co.in regularly for updates.<\/p>\n\n\n\n
- Educational Qualification (as on 30.09.2021)
A candidate must possess the minimum qualification of a graduate\/post graduate in any discipline from a recognised University or any equivalent qualification recognised as such by Central Government with at least 60% marks in either of the degree examination for General candidates and at least 55%
marks for SC\/ST\/PwBD candidates. Candidate should possess certificate in proof of passing the qualifying examination as on 30.09.2021. Those who are in the Final Year\/ Semester of their Graduation may also apply
provisionally subject to the condition that, if called for interview, they will have to produce proof of having passed the qualifying examination on or before 30.09.2021. Candidates having Integrated Dual Degree (IDD) certificate should ensure that the date of passing the IDD is on or before 30.09.2021.
Note
a) Educational qualifications should be from a University\/ Institution\/
Board recognised by Govt. Of India\/ approved by Govt. Regulatory
Bodies and the result should have been declared on or before
30.09.2021.
b) Proper document from Board \/ University for having declared the result
on or before 30.09.2021 has to be submitted at the time of interview.
c) The candidate must possess valid Mark-sheet \/ Degree Certificate of
the necessary qualification as on 30.09.2021.
d) The percentage marks shall be arrived at by dividing the total marks
obtained by the candidate in all the subjects in all semester(s)\/year(s)
by aggregate maximum marks in all the subjects irrespective of honours
\/ optional \/ additional optional subject, if any. This will be applicable for
those Universities also where Class \/ Grade is decided on basis of
Honours marks only. The fraction of percentage so arrived will be
ignored i.e. 59.99% will be treated as less than 60%.
e) Where CGPA \/ OGPA are awarded, the candidate will have to produce a
certificate issued by the appropriate authority inter alia stating the norms
of the University regarding conversion of grade into percentage and the
percentage of marks scored by the candidate in terms of norms<\/li><\/ol>\n\n\n\n<\/a><\/figure>\n\n\n\nAge Limit<\/h2>\n\n\n\n
As on April 1, 2021<\/p>\n\n\n\n
- Min: 21 years<\/li>
- Max: 30 years<\/li><\/ul>\n\n\n\n
Age Relaxation:<\/p>\n\n\n\n
- SC\/ ST: 5 years<\/li>
- OBC (Non Creamy Layer): 3 years<\/li><\/ul>\n\n\n\n
Service Conditions<\/h2>\n\n\n\n
The service conditions will be applicable as per the prevalent rules of the Company from time to time. Selected candidates on appointment may be posted or transferred to any place in India as may be decided by the Company as per requirement. The minimum stay at the initial place of posting will be 5 years.<\/p>\n\n\n\nProbation<\/h2>\n\n\n\n
A candidate appointed in the Officers\u2019 cadre on regular pay rolls of the Company shall be on probation for a period of one year from the date of joining the duty. The probation period may be extended twice by a further period of six months at a time stretching up to one year. During the probation period the Officers would be required to pass the non-life Licentiate Examination conducted by Insurance Institute of India. Only after passing the said examination the Officer will be eligible for confirmation of his\/her services in the Company. Failure to pass the said Examination within the extended probation period will render the officer liable to be terminated from service on expiry of the period so specified.
The Company reserves the right to terminate the services of the candidate if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof.<\/p>\n\n\n\n<\/a><\/figure>\n\n\n\n<\/p>\n\n\n\n
Guarantee Bond<\/h2>\n\n\n\n
Before joining as probationer, the selected candidates will be required to give an undertaking to serve the Company for a minimum period of four years including probation period. In the event of their resigning from the Company before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year\u2019s gross salary paid to them during the year of probation which could be proportionately reduced depending on the length of service rendered. Besides, he\/she will have to submit a stamped Bond duly executed by two sureties (not blood relatives) of sound financial standing for an amount equivalent to one year\u2019s gross salary.Candidates resigning from the Company during the probation period and candidates whose services are terminated by the Company during the probation period shall be liable to pay the salary received by them during their entire service in the Company in addition to an amount of Rs. 25,000\/-towards partial cost of training.<\/p>\n\n\n\n