RCF Apprentice Salary 2024 (Graduate, Trade, Technician) | Monthly Stipend & In Hand Payment

RCF Apprentice Salary 2024: RCF Apprentice salaries vary based on trade and apprenticeship duration. Graduate Apprentices receive Rs. 9,000/month, Technician Apprentices get Rs. 8,000/month, and Trade Apprentices earn Rs. 7,000/month. No Dearness Allowance, House Rent Allowance, or Transport Allowance is provided. The stipend structure adheres to the Apprentices Act of 1961, offering competitive allowances, resulting in gross salaries ranging from Rs. 20,000 to Rs. 30,000 per month. This makes RCF Apprenticeships attractive for those interested in a railway industry career.

RCF Apprentice Salary: Overview

The Ministry of Skill Development and Entrepreneurship has revised the minimum stipend rate for apprentices. The stipend now varies based on the apprentice's educational background and trade type, with a base salary of Rs. 7,000 for RCF apprentices. In the first year, apprentices can expect a pay scale ranging from Rs. 7,000 to Rs. 9,000 (approximately)..

The maximum salary for the Technician apprenticeship is Rs. 8,000, with the possibility of higher stipends based on the apprenticeship's duration.

RCF Apprentice Salary: Allowances

RCF Apprenticeship Salary: Deduction

RCF Apprentice Stipend As Per Apprenticeship Act 1961

The stipend for RCF Apprentices complies with the Apprenticeship Act of 1961, paid monthly. Apprentices in Class 05th to Class 09th receive a minimum of Rs. 5,000 per month, while all stream Technician apprentices or diploma holders are eligible for Rs. 7,000 per month. Graduate apprentices with degrees receive Rs. 8,000 per month. During the one-year training and probation period as Executive Trainees in E-2 grade, the pay scale starts at a minimum Basic Pay of Rs. 7,000 and ranges from Rs. 7,000 to Rs. 9,000.

RCF Apprentice Pay and Allowances

In accordance with the relevant grade, the compensation package includes a Basic Pay, Variable Dearness Allowance (VDA) at the prevailing rates, and a range of perks and allowances under the flexible cafeteria approach.

Variable Pay

Performance-related pay is contingent upon both individual and organizational performance.

Other Benefits

For Company Accommodation, Leased Accommodation, and HRA, as well as medical facilities, group insurance, and other similar benefits, all of the aforementioned perks will be subject to the prevailing Company policy and may be revised periodically.

☛ Latest RCL Recruitment

RCF Apprentice Salary Important Images

Here are some essential photographs pertaining to the RCF Apprentice Salary for the year 2024: