NICL AO Finance Officer Exam 2026 Highlights
With nearly 2,000 offices in India and branches in Nepal, NICL is one of the country’s largest public‐sector insurers.
This page focuses on the NICL AO Finance notification for 2026. NICL is always recruiting Scale I Administrative Officers in both Generalist and Specialist streams, with a few Finance Officer posts among the specialist vacancies.
To apply for the Finance stream, you need to be aged 21–30 years and hold a professional qualification—Chartered Accountant (ICAI) or Cost Accountant (ICWA)—or a B.Com/M.Com degree with at least 60% marks (55% for SC/ST). Applications open as per the dates mentioned in the notification
NICL AO (Administrative officer) Finance Exam 2025 Highlights
| Conducting Body | National Insurance Company Limited |
|---|---|
| Official Website | https://nationalinsurance.nic.co.in/ |
| Name of the Post | NICL Administrative Officers Finance |
| Mode of Exam | Online |
| Stages |
3 Stages
|
| Maximum marks & Time duration |
|
| NICL AO Finance Online registration and payment of application fees 2026 | To be notified later |
| NICL AO Finance Date of Online Examination—Phase I Examination | To be notified later |
| NICL AO Finance Downloading of call letters for examination commences from | To be notified later |
| NICL AO Finance Date of Online Examination—Phase II Examination | To be notified later |
| NICL AO Finance Vacancies 2026 |
To be notified later |
| NICL AO Finance Official Notification 2025 [PDF] | |
NICL Finance Officer Notification 2026
The NICL AO Recruitment notification 2026 will release new vacancies for the upcoming NICL AO Finance Officer recruitment.
Online registration for the NICL AO Finance exam will begin as per the deadline mentioned in the notification. During this period, you must fill out the application form, upload all required documents, and pay the application fee to apply for the Finance Officer posts.
| Disciplines | UR | OBC | SC | ST | EWS | Total Vacancies | |
|---|---|---|---|---|---|---|---|
| Generalist | 68 | 47 | 26 | 12 | 17 | 170 | |
| Specialist | Doctors (MBBS) | 4 | 3 | 1 | 1 | 1 | 10 |
| Legal | 8 | 7 | 2 | 1 | 2 | 20 | |
| Finance | 8 | 6 | 3 | 1 | 2 | 20 | |
| Information Technology | 8 | 6 | 2 | 2 | 2 | 20 | |
| Automobile Engineers | 8 | 6 | 3 | 1 | 2 | 20 | |
| Specialist Backlog | Doctors (MBBS) | - | - | 3 | 1 | - | 4 |
| Finance | - | - | 1 | - | - | 1 | |
| Automobile Engineers | - | 1 | - | - | - | 1 | |
NICL AO (Finance) Eligibility criteria
Candidates applying for the NICL AO (Finance) stream must be between 21 and 30 years of age. Age relaxations apply as follows: SC/ST receive 5 years, OBC (non-creamy layer) 3 years, Persons with Benchmark Disabilities 10 years, Ex-servicemen and Commissioned Officers 5 years, and confirmed employees of public-sector general insurance companies 8 years.
Educationally, you must hold either a Chartered Accountant (ICAI) or Cost Accountant (ICWA) qualification, or a B.Com/M.Com degree from a UGC-recognized university with at least 60% marks (55% for SC/ST). Your final mark sheet and degree certificate must be in hand by 1 May 2025; provisional or awaiting-result certificates are not accepted. Ensure you have all original certificates ready for verification at the interview stage.
| Disciplines | Academic Qualification |
|---|---|
| Finance | Chartered Accountant (ICAI) / Cost Accountant (ICWA) OR B.COM / M.COM from a recognized University with at least 60% marks in either of the degree examinations (at least 55% for SC/ST) candidates. |
NICL AO Finance Syllabus and Exam Pattern 2026
The selection process comprises three stages: the Preliminary Exam, Mains Exam, and Personal Interview. Only eligible candidates will proceed to these stages based on their qualifications and experience. Upon selection, the candidates will be required to serve a minimum of 4 years, including a 1-year probationary period.
At the time of joining, selected candidates will be expected to sign an undertaking to this effect. All those who wish to apply for the upcoming exam should take note of the NICL AO exam pattern in detail which is needed if you want to prepare a good preparation plan. The selection process of AO consists of three main phases:
Phase 1: Prelims (objective)
Phase 2: Mains (objective & descriptive)
Phase 3: Interview
Candidates should go through the complete exam pattern to know about other details such as the exam language and marking scheme.
NICL AO Finance Prelims Exam Pattern
Preliminary Examination consisting of Objective Tests (Multiple Choice type Questions) for 100 marks will be conducted online (applicable for all disciplines except Hindi Officers). This test would be of 60 minutes duration consisting of 3 sections (with separate timings for each section) as follows -
| Name of Test | No. of Questions | Marks | Duration | Medium of Exam |
|---|---|---|---|---|
| English Language | 30 | 30 | 20 minutes | English |
| Reasoning Ability | 35 | 35 | 20 minutes | English / Hindi |
| Quantitative Aptitude | 35 | 35 | 20 minutes | English / Hindi |
| Total | 100 | 100 |
Applicants must achieve passing marks as determined by the Company in each test or section. The Company will shortlist a sufficient number of candidates in each category (approximately 15 times the number of vacancies, subject to availability) for the Main Examination.
NICL AO Finance Mains Exam Pattern
The mains examination will consist of Objective Tests (Multiple Choice type Questions) for 250 marks and Descriptive Test for 30 Marks. Both the Objective and Descriptive Tests will be online.
(i) Objective Test: The Objective Test of 3 Hours duration consists six sections for Finance officer, for total 250 Marks. The sixth section is an additional test to assess technical & professional knowledge in the Finance discipline.
| Name of Test | No. of Questions | Marks | Duration |
|---|---|---|---|
| Reasoning Ability | 40 | 40 | 35 minutes |
| English Language | 40 | 40 | 30 minutes |
| General Awareness | 40 | 40 | 20 minutes |
| Computer Knowledge | 40 | 40 | 25 minutes |
| Quantitative Aptitude | 40 | 40 | 35 minutes |
| In the Special stream, an additional test to assess technical & professional knowledge in relevant discipline | 50 | 50 | 35 minutes |
| Total | 250 | 250 |
(ii) Descriptive Test: The descriptive Test of 30 Minutes duration with 30 marks will be a Test of English Language. The descriptive test will be in English and will be conducted through on-line mode.
(Essay – 10 Marks, Précis – 10 & Comprehension – 10 marks).
Candidates will have to answer the Descriptive Test by typing on the computer. Immediately after completion of the Objective Test, Descriptive Test will be administered.
NICL AO (Finance) Syllabus 2026
Candidates aspiring to become NICL AO Finance Officers should be well-versed with the NICL AO Finance Syllabus and Exam Pattern for the year 2025. The table provided below contains a detailed breakdown of the NICL AO Syllabus section by section, to aid candidates in their preparation. The subjects assessed in the Prelims are Reasoning, English language, Quantitative Aptitude.
| Section | Topics |
|---|---|
| Quantitative Aptitude | Ratio and Proportion, Simplification, Percentage, Average, Time and Work, Speed, Distance and Time, Mixture and Allegations, Percentage, Permutation, and Combination, Data Interpretation, Mensuration, Probability, Set Theory, Number Series, Number Systems, Profit & Loss, Simple Interest & Compound Interest, Surds & Indices, Sequence & Series, Mensuration – Cylinder, Cone, Sphere |
| English Language | Grammar, Vocabulary, Error Spotting, Reading Comprehension, Cloze Test, Para Jumble, Fill in the Blanks, Sentence Correction, Miscellaneous |
| Reasoning Ability | Inequality, Coding-Decoding, Syllogism, Machine Input-Output, Data Sufficiency, Seating Arrangement, Logical Reasoning, Floor Puzzle, Scheduling, Verbal Reasoning, Ordering and Ranking, Blood Relations, Direction and Distance, Coded Inequalities, Puzzle Tabulation, Alphanumeric Series |
While in the Mains objective exam, the subjects assessed are English language, Reasoning, Quantitative Aptitude, General Awareness, Computer Knowledge, and Technical and Professional knowledge in the Finance stream. By thoroughly understanding the syllabus and exam pattern, candidates can formulate an effective study plan and boost their chances of success in the NIACL AO examination.
NICL AO Finance Interview
Candidates will be shortlisted for Interview on the basis of overall marks scored in Main Examination after evaluation as given in the NICL exam notification. The Interview will take place at designated centres. Shortlisted candidates will receive information about the centre's address, venue, date, and time for the Interview through the call letter.
NICL AO Finance Officer Final Selection
The final selection for the NICL AO position will be based on the consolidated marks obtained in the main examination (objective test) and the Interview. The ratio of weightage between the online Main Examination and Interview will be 80:20. The Company will determine the minimum qualifying marks for the interview at a subsequent stage.
A final merit list will be prepared in descending order, considering the consolidated marks secured by the candidates. Candidates ranking within the number of available vacancies in the merit list will be considered for appointment.
NICL Finance AO Application Fee 2026
The application fee for the NICL AO (Finance) exam must be paid online between 12 June and 3 July 2025. Candidates belonging to SC, ST, and PwBD categories are required to pay ₹250 (inclusive of GST) as intimation charges, while all other applicants must pay ₹1,000 (inclusive of GST) covering both application and intimation fees .
Payment can be made via the integrated online gateway using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, or mobile wallets. Any transaction fees levied by the bank or payment provider must be borne by the candidate. Ensure you complete the payment within the specified period to validate your application, and retain the e-receipt and fee confirmation for future reference.
NICL AO (Finance) Important Dates 2026
The NICL AO (Finance) online application window will open once the notification is released. Candidates must complete registration, document uploads, and fee payment by this deadline to be eligible for the exam.
The Preliminary Examination (Phase I) for Finance Officers will be held first. Admit cards for this stage will be available roughly one week before the exam on NICL’s recruitment portal. Shortlisted candidates will then receive their Phase II (Main Exam) admit cards.
The Main Examination, which comprises a three-hour Objective Test followed by a 30-minute Descriptive Test, will be held after the Phase I is done. Interviews for Finance Officer posts are expected to take place after this with exact dates and venues communicated via separate call letters.
NICL AO (Administrative officer) Exam Dates
| Events | Dates |
|---|---|
| NICL AO Online registration and payment of application fees 2026 | To be notified later |
| Date of Online Examination—Phase I Examination | To be notified later |
| Downloading of call letters for examination commences from | To be notified later |
| Date of Online Examination—Phase II Examination | To be notified later |
NICL Finance Officer Salary 2026
The NICL AO position is highly coveted by young individuals aspiring to build a career in the insurance sector, primarily due to its appealing salary structure. In metropolitan cities, the total monthly emoluments will amount to approximately Rs. 85,000/-, providing financial stability and serving as an attractive incentive for candidates to join the organization.
| Parameters | Details |
|---|---|
| Basic Pay | Rs. 50,925/- |
| Pay Scale | Rs.50925-2500(14)-85925-2710(4)-96765 |
| In-hand Salary | Rs. 90,000/- per month |
Beyond the basic NICL Finance officer salary, NICL offers its Administrative Officers various allowances, enriching the overall compensation package. Additional perks including Pension under the New Pension scheme regulated by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance, etc., will align with the prevailing rules of the Company at the time of appointment.
NICL AO (Finance) Online course
In this online era, there are endless ways and means to start exam preparation. Therefore you need a reliable source where you do not have to worry much about collecting the right NICL Finance Officer study materials. To direct you towards the right path and make NICL AO (Finance) Scale 1 exam 2026 preparation much easier and hassle-free task, ixamBee has come up with NICL AO (Finance) Online Course for Finance stream, that is curated by faculties having wide experience in insurance and banking institutes.
NICL AO (Finance) Mock Tests
The best time to prepare for the NICL AO exam is to start now. By practicing mock tests for the NICL Finance Officer exam you can enhance your speed and accuracy. This test series is curated as per the latest exam pattern and syllabus to deliver a high-quality test pack. The NICL Finance online mock test for Finance stream will help you to make yourself aware of various types of questions that can be asked in the exam.
NICL AO Finance Officer Useful Books
- Monetary Theory and Public Policy by Kenneth Kurihara
- Economic Growth and Development by Mayer and Baldwin
- Financial Management by Prasanna Chandra
- International Business by Hill and Jain
- Major financial newspapers, RBI Annual Report, Report on Trend and Progress of Banking in India, Economic Survey and Union Budget capsules from ixamBee
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Nicl Ao Finance FAQs
The NICL Finance AO Exam is conducted in three stages: Prelims, Mains, and Interview. Familiarizing yourself with the NICL AO exam structure is vital to prepare effectively as it sheds light on the emphasis placed on various topics within each subject. This comprehension enables you to manage your study time and resources efficiently for each subject. Understanding the NICL AO exam layout empowers you to formulate a comprehensive preparation plan that addresses all essential subjects and topics.
Yes, an interview is included in the NICL (Finance) AO selection process. Following the NICL Finance AO Mains, an interview session is conducted as a determining segment of the selection procedure, ensuring a comprehensive assessment of candidates' capabilities and suitability for the position.
Candidates applying for the NICL AO Finance Officer role must hold one of the subsequent qualifications; Chartered Accountant (ICAI) / Cost Accountant (ICWA) or B.COM / M.COM from an accredited University, securing a minimum of 60% marks in either degree examination.
As of now, the National Insurance Company Ltd. (NICL) has set the maximum age limit for the post of Administrative Officer (AO) at 30 years. Candidates applying for the AO position must ensure that they do not exceed this age limit. Age relaxation for specified categories are applicable as per the Government norms.
As of now, the National Insurance Company Ltd. (NICL) has set the maximum age limit for the post of Administrative Officer (AO) at 30 years. Candidates applying for the AO position must ensure that they do not exceed this age limit. Age relaxation for specified categories are applicable as per the Government norms.
Yes, In the Objective part of both the Prelims and Mains phases of the NICL Finance AO exam, there will be a negative marking system. For each incorrect response, one-fourth of the marks assigned to that question will be deducted as a penalty. Candidates should be cautious while answering to avoid unnecessary deductions.
The NICL AO (Finance) Recruitment presents an attractive salary package for its selected candidates. Successful applicants can anticipate an approximate monthly salary of Rs. 80,000- 85,000/-. This remuneration is based on a basic pay scale ranging from Rs. 50,925 to Rs. 96,765.
As outlined in the NICL Recruitment official notice, candidates are obligated to pay a designated fee of Rs. 1000/- (inclusive of intimation charges) to finalize their application process. It's crucial to bear in mind that once the payment for the NICL Finance AO application fee is made, it is non-refundable. Your NICL AO online application form will only be considered complete and finally submitted once you have paid your fee. Fee relaxations as per Government directives are applicable to specified categories. Candidates are required to go through the official notification, for complete details.
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NICL AO Finance Online Course
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