ECGC PO Salary 2025: Pay Scale & Basic Pay
The pay scale for ECGC PO (Executive Officer / Probationary Officer) is ₹ 53,600 – 2,645(14) – 90,630 – 2,865(4) – 1,02,090.
Meaning: Starting basic pay is ₹ 53,600 per month. For the first 14 years an annual increment of ₹ 2,645 is assumed. After that, for roughly the next 4 years, increments of ₹ 2,865 reach a maximum basic of ~₹ 1,02,090.
Thus, newly appointed PO: Basic Pay ~ ₹ 53,600/month.
After many years, when the basic reaches ₹ 90,630 + (then further to 1,02,090) that is the ceiling of the basic salary in this scale.
Table of Contents
Allowances & Gross Salary
Beyond basic pay, the salary package includes several allowances and benefits, which move the “gross” monthly salary significantly higher. Some key components:
Dearness Allowance (DA) – linked to inflation and basic pay. For example, in one breakdown: basic ₹ 53,600 + DA ~ ₹ 24,596.
House Rent Allowance (HRA) / or house lease reimbursement depending on posting. In examples: HRA ~ ₹ 32,500.
City Compensation Allowance / City Compensatory Allowance (CCA) depending on the city of posting. Eg. ~ ₹ 983 in one breakdown.
Grade Allowance: ~ ₹ 6,000 in one break-up.
Special Functional Allowance: ~ ₹ 775.
Family Allowance: ~ ₹ 950
Transport Allowance: ~ ₹ 1,330 per month in a sample.
Special Pay: ~ ₹ 1,800 in sample.
Putting some of this together, one sample gross monthly salary for a newly appointed PO in 2025 is shown as:
Gross Salary ~ ₹ 1,22,534 per month.
In-Hand Salary
After making standard deductions (like NPS/ES, income tax, professional tax), the in-hand salary (net monthly take-home) works out approximately as:
One calculation: Gross ~ ₹ 1,22,534 – Deductions ~ ₹ 9,139 = ≈ ₹ 1,13,395 per month.
Some sources state the in-hand salary ranges roughly ₹ 1,10,000 per month for an ECGC PO in metropolitan city postings.
Important to note: The in-hand figure depends significantly on location of posting (metro vs non-metro city affects HRA, CCA, etc.), and allowances which change over time with DA revision.
Annual Package / Cost to Company (CTC)
Some sources mention that for ECGC PO posted in Mumbai (or similar high cost city), the annual CTC may be around ₹ 16 lakh per annum.
With experience, progression in basic pay, promotions and higher allowances, the total compensation and benefits increase further.
Allowances, Benefits & Perks
Beyond the monthly salary, ECGC offers many perks and benefits. Some of the notable ones:
Cash Medical Benefit ~ ₹ 13,300 per year.
Mobile bill reimbursement ~ ₹ 400 per month; handset reimbursement ~ ₹ 10,000 once in three years.
Entertainment reimbursement ~ ₹ 800 per month.
Household help reimbursement ~ ₹ 1,000 per month.
Furniture allowance ~ ₹ 87,500 + GST once every five years.
Meal voucher ~ ₹ 205 per working day.
Medical insurance / claim coverage: E.g., family coverage up to ₹ 40 lakhs in one cited source.
Leave Travel Concession (LTC) and policy for home travel.
Defined pension scheme: Corporation contributes 10% of Basic + DA in some cases.
Other perks like newspaper allowance, mobile handset allowance, briefcase allowance etc.
These perks make ECGC PO salary one of the more attractive salary packages in the banking/financial sector for entry-level executive posts.
Career Growth & Increment Structure
Starting at basic ₹ 53,600, the increment of ₹ 2,645 per year (for 14 years) means basic will reach around ₹ 90,630 after 14 years. From there, the increment of ~₹ 2,865 for next 4 years brings to ~₹ 1,02,090 maximum basic.
Promotions: The posted job profile mentions the hierarchy: Executive Officer (Scale I) → Assistant Manager (Scale II) → Manager (Scale III) → Senior Manager (Scale IV) → Assistant General Manager (Scale V) etc. With higher scale comes higher pay and allowances.
With growth, posting in metro cities, seniority, responsibilities increase; allowances like HRA/CCA/Grade Allowance likely higher.
Location & Other Factors Affecting Salary
The city of posting has a major impact on allowances. Metro city postings attract higher HRA, higher CCA and hence higher gross & in-hand salary.
Some data shows for Mumbai the CTC is ~₹ 16 lakh per annum. For non-metro cities it may be somewhat lower.
Deductions also vary depending on tax slabs, personal exemptions, etc.
Allowances like DA are revised periodically and impact the in-hand salary.
Summary – What to Expect
If you join ECGC as a PO in 2025:
Basic pay: ~ ₹ 53,600/month at start.
Gross monthly package including allowances could be around ₹ 1,22,000+ in metro posting.
Net in-hand take-home roughly ₹ 1,10,000+ per month (approx.) for metro postings (after standard deductions).
Annual package ~ ₹ 16 lakh+ in high cost city environments.
Many valuable perks and benefits (medical, LTC, allowances, etc.).
With service, increments, promotions, the basic pay can rise to ~₹ 1,02,090 and allowances will grow accordingly, thus increasing total compensation significantly.
The job offers a stable financial path, good benefits, and potential for growth – a strong incentive for aspirants.
FAQs
Q1. What is the starting basic pay of ECGC PO in 2025?
A1. It is ₹ 53,600 per month.
Q2. What is the pay scale of ECGC PO?
A2. Pay scale: ₹ 53,600 – 2,645(14) – 90,630 – 2,865(4) – ₹ 1,02,090.
Q3. What is the approximate in-hand salary for an ECGC PO?
A3. In a metro city posting: around ₹ 1,10,000+ per month (approx) after deductions.
Q4. What kind of allowances does an ECGC PO receive?
A4. Many allowances including DA, HRA/lease reimbursement, transport allowance, city compensation allowance, special allowances, medical benefits, household help, meal vouchers, furniture allowance, mobile bill reimbursement etc.
Q5. What is the annual CTC of an ECGC PO in a metro city?
A5. Roughly about ₹ 16 lakh per annum (for a PO posted in Mumbai / metro) as per current data.
ECGC PO Salary 2025: Pay Scale & Basic Pay
The pay scale for ECGC PO (Executive Officer / Probationary Officer) is ₹ 53,600 – 2,645(14) – 90,630 – 2,865(4) – 1,02,090.
Meaning: Starting basic pay is ₹ 53,600 per month. For the first 14 years an annual increment of ₹ 2,645 is assumed. After that, for roughly the next 4 years, increments of ₹ 2,865 reach a maximum basic of ~₹ 1,02,090.
Thus, newly appointed PO: Basic Pay ~ ₹ 53,600/month.
After many years, when the basic reaches ₹ 90,630 + (then further to 1,02,090) that is the ceiling of the basic salary in this scale.
