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NOTE:

(i) In case of a candidate who is eligible for relaxation under more than one of the above categories, the age relaxation will be
available on a cumulative basis subject to the maximum age not exceeding 45 years.

(ii) Candidates seeking age relaxation will be required to submit copies of necessary certificate(s) and produce the original
certificate(s) for verification.

DEFINITION OF EX-SERVICEMEN (EXSM)

(i) EX-SERVICEMEN (EXSM): Only those candidates shall be treated as Ex-servicemen who fulfil the revised definition as
laid down in Government of India, Ministry of Home Affairs, Department of Personnel & Administrative Reforms Notification
No.36034/5/85 Estt. (SCT) dated 27.01.1986 as amended from time to time.

(ii). DISABLED EX-SERVICEMEN (DISXS): Ex-servicemen who while serving in Armed Forces of the union were disabled
in operation against the enemy or in disturbed areas shall be treated as DISXS.

DEFINITION OF PERSONS WITH BENCHMARK DISABILITIES

Under section 34 of “The Rights of Persons with Disabilities Act, 2016”, persons with benchmark disabilities are eligible for
Reservation. The reserved categories of disabilities mentioned under this Act are namely: a. Blindness and low vision; b. deaf
and hard of hearing; c. locomotor disability including cerebral palsy. leprosy cured, dwarfism, acid attack victims and muscular
dystrophy; d. specific learning disability; e. multiple disabilities from amongst persons under clauses (a) to (d) including deaf-
blindness in the posts identified for each disability: Note: Definition of the above specified disabilities will be as per “THE
RIGHTS OF PERSONS WITH DISABILITIES ACT, 2016”. Accordingly, candidates with the aforementioned disabilities are
eligible to apply. A person who wants to avail of benefit of reservation/relaxation will have to submit a Disability Certificate
issued by a Competent Authority.

IV. Emoluments and Benefits

Basic Pay Rs.32,795/- per month in the scale of Rs.32795 -1610(14) – 55335 -1745(4) - 62315 and other admissible allowances
like DA, HRA, CCA, etc. The total emoluments will be about Rs. 65,000/-p.m. plus other benefits which are New Pension
Scheme and Newspaper /Internet Allowance, Leave Travel Subsidy, Medical Benefits, House Furnishing Allowance,
Household Help Allowance, Sodexo, Personal Accident cover, housing, vehicle and computer loans with subsidized interests,
and interest free advances for festival, natural calamities and any other benefits as per rules and on confirmation of service in
the Corporation. The officers are also entitled for Corporation’s / leased accommodation as per norms. (Presently Corporation
owned accommodations are not available, whereas lease accommodation will be permitted as per norms). The present lease
accommodation limits at Mumbai is Rs.30,000/- per month.

GIC Re provides excellent opportunity for career growth in the highly specialized area under which the Corporation is operating,
through training and development interventions within the country as well as overseas.

V. Service Conditions :

The selected candidates are governed by all the terms and conditions of service as applicable in General Insurance Corporation
of India from time to time. Posts are permanent and the selected candidates on appointment will be posted at Mumbai only. or
transferred to any place in India and abroad, as deemed necessary. HOWEVER, THE INITIAL POSTING WILL BE IN
ITS CORPORATE OFFICE IN MUMBAI ONLY.

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