UGC NET is a national exam for teaching jobs in colleges, universities, or educational institutions, as a professor or an academician for lucrative in hand salaries ranging from Rs. 35,000 to Rs. 65,000 per month, along with other allowances and perks.
UGC NET Salary 2024: UGC NET Salary 2024 ranges from 35,000 to Rs. 65,000 per month. The candidate’s salary is based on experience, qualifications, and institution type.
Along with a high in hand salary, UGC NET allows various allowances & perks like Dearness Allowance (DA), House Rent Allowance (HRA) and many more. UGC NET is a national-level examination for the job of a professor or an academician in colleges, universities, or educational institutions.
In Hand Salary, Allowances & Perks for UGC NET Salary 2024
Candidates who secure a job after qualifying for the UGC NET exam enjoy a high in hand salary, allowances, & perks. Given below are the details of the same.
|
Job Role |
Monthly Salary |
Allowances & Perks |
|
Assistant Professor |
₹25,000 - ₹50,000 |
Dearness Allowance (DA), House Rent Allowance (HRA), and Transportation Allowance (TA) |
|
Junior Research Fellow (JRF) |
₹31,000 (1st 2 years) to ₹35,000 (next 3 years) |
HRA (varies by institute) |
|
Associate Professor |
₹80,000 |
DA, HRA, TA, other allowances |
|
Professor |
₹82,000 |
DA, HRA, TA, other allowances |
Also Read: Best UGC NET Coaching Centre in India
In Hand Salary of Assistant Professor |
|
|
Topic |
Details |
|
Basic Pay/ Salary |
₹39,100 |
|
Grade Pay |
₹6,600 |
|
DA (125%) |
₹57,125 |
|
HRA (30%) |
₹13,710 |
|
TA |
₹3,200 |
|
DA on TA (125%) |
₹4,000 |
|
Gross Salary |
₹1,23,735 |
|
Deductions |
Professional Tax (₹230), NPS (10% of Basic + DA, ₹10,283), Average Tax (₹10,000) |
|
Net In-Hand Pay |
₹1,03,223 |
|
Monthly Salary |
₹25,000 - ₹50,000 |
|
Allowances & Perks |
Dearness Allowance (DA), House Rent Allowance (HRA), and Transportation Allowance (TA) |
Also Read: UGC NET Date Sheet 2024
Net In-Hand Salary for Junior Research Fellow (JRF) |
|
|
Topic |
Details |
|
First Two Years |
|
|
Basic Fellowship |
₹31,000 per month |
|
House Rent Allowance (HRA) |
Varies by institute (often 24% of the fellowship) |
|
Third to Fifth Year |
|
|
Basic Fellowship |
₹35,000 per month |
|
House Rent Allowance (HRA) |
Varies by institute (often 24% of the fellowship) |
|
Steps to Calculate Net In-Hand Salary |
|
|
Total Gross Salary |
Basic Fellowship +House Rent Allowance (HRA) |
|
Deductions |
Professional Tax |
|
NPS (National Pension System) = 10% of Basic Fellowship |
|
|
Income Tax: Varies based on tax slab |
|
|
Net In-Hand Salary |
Gross Salary−(Professional Tax+NPS+Income Tax) |
|
Allowances & Perks |
HRA (varies by institute) |
Also Read: How to Calculate Cut off Marks for UGC NET 2024?
Net In-Hand Salary for Associate Professor |
|
|
Basic Pay |
₹37,400 - ₹67,000 |
|
Grade Pay |
₹9,000 |
|
Total Basic Pay |
₹46,400 - ₹76,000 |
|
Dearness Allowance (DA) (125%) |
₹58,000 - ₹95,000 |
|
House Rent Allowance (HRA) (30%) |
₹13,920 - ₹20,400 |
|
Transport Allowance (TA) |
₹3,200 |
|
DA on TA (125%) |
₹4,000 |
|
Gross Salary |
₹1,25,520 - ₹1,98,600 |
|
Deductions |
|
|
Component |
Amount (INR) |
|
Professional Tax |
₹230 |
|
NPS (10% of Basic + DA) |
₹10,283 - ₹17,900 |
|
Average Tax |
₹10,000 |
|
Net In-Hand Salary |
|
|
Calculation |
Amount (INR) |
|
Gross Salary |
₹1,25,520 - ₹1,98,600 |
|
Total Deductions |
₹20,513 - ₹28,130 |
|
Net In-Hand Salary |
₹1,05,007 - ₹1,70,470 |
|
Monthly Salary |
₹80,000 |
|
Allowances & Perks |
DA, HRA, TA, other allowances |
Read More: UGC NET Certificate 2024: Steps to Download, Documents
UGC NET Allowances and Perks 2024
Some of the allowances and perks enjoyed by UGC NET candidates are given below.
|
Types of Allowances and Perks |
Details |
|
Dearness Allowance (DA) |
Cost of living adjustment |
|
House Rent Allowance (HRA) |
For those not living on campus, typically 30% of the basic pay. |
|
Transportation Allowance (TA) |
Commuting expenses |
|
Other Perks |
Leave Travel Concession (LTC), Pension Plans, Personal Computer Advances, Conveyance Facilities, Housing Support, and Medical Services |
Also Read: Last Minute Revision Tips for UGC NET 2024
Job Promotions After UGC NET 2024
A candidate already working as an Assistant Professor/Professor/JRF can also appear for the UGC NET exam, provided he/she fulfils the eligibility criteria. There will be an increase in the UGC NET salary 2024 for such candidates. Tabulated below are the job positions and promotions for JRF and Assistant Professor:
|
Old Job Role |
Job Title after Promotion |
|
Junior Research Fellow (JRF) |
Senior Research Fellow (SRF) |
|
Assistant Professors |
Senior Assistant Professor, Associate Professor, and eventually Professor. |
|
Professors |
General Head or Manager. |
Also Read: Best Career Options After Qualifying UGC NET 2024
UGC NET Job Opportunities at Public Sector Undertakings
For those who are not interested in working as a Lab Assistant/Professor, there are several other opportunities.
They can also consider applying for the top Public Sector Undertakings. UGC NET-qualified students can apply for departments like research & development, finance, human resources, and more.
It is advisable to check the UGC job portal website to find out the different job openings. Following are some of the top PSU’s that accept UGC NET-qualified aspirants:
- Indian Oil Corporation Limited (IOCL)
- National Thermal Power Corporation Limited (NTPC)
- Bharat Electronics Limited (BEL)
- Hindustan Petroleum Corporation Limited (HPCL)
- Power Grid Corporation of India Limited
- Oil and Natural Gas Corporation (ONGC)
- Bharat Heavy Electricals Limited (BHEL)
- Oil India Limited (OIL)
Also Read: UGC NET Books 2023: Best Books for UGC NET Preparation
Other Options After the Clearing UGC NET Exam
A UGC NET certification also allows students to become authors, subject experts, or researchers. In the long run, these options will not only prove lucrative for them but will also become a trusted figure in their field.
Many UGC NET-qualified aspirants interested in the research field have established laboratories of their own. UGC NET exam success extends beyond promotions within professorial or assistant professorial positions.
Besides research positions, there are also opportunities for advancement in other domains. Achieving a qualification in the UGC NET exam can lead to career advancements in their current role, whether they are employed as a laboratory assistant in a public or private institution.
Also Check: UGC NET Certificate Validity 2024: Check Steps to Download
