Do PSU employees get house?

Do PSU employees get house?

Above all – and this keeps employees glued to their jobs – the company provides 100\% medical cover for the family even after retirement. You can also get soft loans at 3-4\% interest for a car and house.

Which PSU gives highest salary through gate?

Salary Structure of Top 10 Paying PSUs

S. No. Name of PSUs Salary CTC
S. No. Name of PSUs Salary CTC
1. Power Grid Corporation of India Limited (PGCIL) ₹ 20,00,000 /-
2. National Thermal Power Corporation (NTPC) ₹ 18,00,000 /-
3. Oil & Natural Gas Corporation (ONGC) Limited ₹ 16,50,000 /-

What are the benefits of PSU?

PSUs offer lucrative pay package (starting salaries), often higher than equivalent private sector positions. In addition to the salary, there are many other monetary benefits of working at a PSU, such as free medical insurance, retirement benefits, easy to get loans, performance based incentives etc.

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Does PSU employees get pension?

PSU Employees Will Get 30\% Of Last Salary As Pension; Ceiling Removed For Family Members. Finance Minister of India, Smt. Nirmala Sitharaman, has announced that public sector employees will be given 30\% of the last salary drawn as their pension. Read on to find out more about the announcements by the Finance Minister!

Is job in PSU permanent?

You should know it well that PSU job through GATE is permanent as you will be an government employee. But remember if you are involved in unfair means, corruption etc, no job is permanent.

Which is better Maharatna or Navratna?

The Maharatna status gives more autonomy and authority to a company than the other categories such as Navratna or Miniratna. PSUs with Maharatna status can invest 15\% of their net worth in a project without prior permission from the Government of India.

Can a PSU employee buy Fortuner?

Yes one can, Some PSU give a low interest loan (as compared to banks) for buying car of the range 10L.

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How much does a PSU employee earn?

Salary structure of various PSUs

S. No. Name of PSUs Salary Structure
2. National Hydroelectric Power Corporation (NHPC) Limited ₹ 20,600 – 46500 /-
3. Oil & Natural Gas Corporation (ONGC) Limited ₹ 60,000-1,80,000 /-
4. Coal India Limited (CIL) ₹ 50,000 – 1,60,000 /-
5. Indian Oil Corporation (IOCL) ₹ 24,900-50,500 /-

How to get a job through PSU through Gate 2021?

Candidates will have to use their valid GATE scores to be shortlisted for the job through PSU through GATE 2021. GATE exam was conducted by IIT Delhi on 6th, 7th, 13th, and 14th February 2021. The results for GATE will be announced by the exam authority on 22nd March 2021 and the scorecards can be downloaded from the official website of GOAPS.

What are the pros and cons of PSU through Gate?

Let us now look into the pros and cons of PSU through GATE: Reliable and unbiased scores of GATE. Secure Job with good pay and a stable position. Perks such as house allowances and healthcare facilities. One of the major cons of PSU is that seniority gets rewarded instead of the candidate’s ability.

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What are the benefits of a PSU job?

With the best of everything including pay, perks and work-life balance, a PSU job is a complete package in itself. It gives one a sense of stability which is why the employees work to their best capacity. The employees can see their future and growth in the organization which helps them maintain a peaceful and happy life.

What makes PSUs the ‘dream job’ for gate aspirants?

The following factors makes PSUs the ‘Dream Job’ for various candidates and offers you the perfect life after GATE. 1. Honeymoon Period: The best part of the PSUs is the joining period which because of its facilities and training is known as the honeymoon Period.