CIL MT Salary 2022: In Hand Salary Structure, Grade Pay, Perk and Allowances

CIL MT Salary 2022: In Hand Salary Structure, Grade Pay, Perk and Allowances

ByAina Parasher  |  Updated on: Jul 1, 2022
Get the details of the Coal India Salary 2022. Candidates should read the entire page to collect the relevant details about the CIL MT Salary, Perks, Allowances and other Benefits.
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CIL MT Salary 2022: Because CIL MT salaries in India are regarded as being extremely profitable and reliable, candidates plan ahead to apply for jobs with Coal India Limited. Before applying for a position here, aspirants should learn about the Coal India salary structure 2022. A Maharatna Company under the control of the Indian government is Coal India Limited (CIL). After taking over private coal mines, it was created in November 1975 as a state-owned coal mining enterprise.

In order to learn more about CIL MT Salary, Basic Pay, Dearness Allowance, House Rent Allowance, and other compensation, candidates preparing for various roles at Coal India should review the executive pay scale data. To get more about Coal India salary, candidates can refer to the upcoming sections.

CIL MT Salary Structure 2022

Working with other managers to create a plan for leading the organisation is the responsibility of a management trainee. They work in a variety of divisions, including marketing, sales, customer service, purchasing, etc. After keeping track of the price lists of competitive offerings, they must report to management. The following table shows the CIL MT salary structure after the 7th Pay Commission.

Position- Management Trainee

Coal India Salary

Basic Pay

Training Period of 1 Year

Rs. 50,000 - 1,60,000/- (E-2Grade)

Rs. 50,000/-

Probation Period of 1 Year

Rs. 60,000 - 1,80,000/- (E-2Grade)

Rs. 60,000/-

Coal India Perks and Allowances

Along with the CIL MT average pay scale of INR 60,000 to INR 1,80,000, the successful candidates for the position of CIL Management Trainee are given a number of perks and allowances given below.

  • Dearness Allowance
  • House Rent Allowance (HRA)
  • Performance Related Pay (PRP)
  • Gratuity
  • CMPF and CMPS
  • CIL Executive Defined Contribution Pension Scheme

CIL MT Salary Increment and Career Growth

CIL uses a consistent and effective management strategy. After a year of probation, the candidates' competency as employees of the organisation is directed toward the goal and progress.

Candidates are eligible for all perks and additional benefits of the position following the probationary period. The CIL balance scorecard is used to measure staff performance and candidates are promoted based on that. The Performance Related Pay is given to applicants in order to motivate them.

The decision to increase salary will be made by the authorities based on the position, the promotion, and other circumstances. All candidates must successfully complete the training phase in order to get an increase in their starting salary. 

  • The pay scale for the training duration is between Rs. 50,000 to Rs. 1,60,000. ( E-2 Grade).
  • There would be an increase after that, and the remuneration will range from Rs. 60,000 to Rs. 1,80,000 during the probationary period.

CIL MT Employee Benefits

In addition to the basic salary, the Coal India Management Trainee will also receive the following benefits.

Particulars

Amount

Basic 

24900

HRA (30%)

7,470

NPA (17.5%)

4,357.5

R.Benefit (30%)

13,856.85

CFA (7%)

1,743

DA (85.5%)

29,100

Perks (50%)

12,450

NEC All (12.5%)

3,112.5

Total Per month

89,175.35

Total Per Year

10,70,152.2

PRP

1,19,520

CTC Per Year

11,89,672.2

CIL MT Salary FAQs

  • The CIL MT basic salary for chosen candidates will range from INR 50,000 to INR 1,60,000 throughout the probationary period, plus allowances and other bonuses.

  • Candidates who are chosen for the CIL Management Trainee position will receive an in-hand salary of INR 50,500. The CTC is 8 lakhs per year throughout the training period and 11 lakhs per year after training.

  • The perks and allowances received by a Coal India employee are given below.

    • Dearness Allowance
    • House Rent Allowance (HRA)
    • Performance Related Pay (PRP)
    • Gratuity
    • CMPF and CMPS
    • CIL Executive Defined Contribution Pension Scheme
  • The benefits received by Coal India employees are-

    • Reimbursement of Medical Treatment
    • Schooling Facility
    • Gratuity
    • CMPF (Coal Mines Provident Fund)
    • Pension
    • Post-Retirement Medical Benefit
    • Ex-Gratia Payment for Accidental Death/Permanent Total Disablement

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