The online diametrical creep measurement of test specimen capsules, subjected to hostile conditions like high temperature, is being proposed using pulsed eddy current testing technique. The two pulsed eddy current probes are kept diametrically opposite to the test specimen capsule. The pulsed eddy current testing is a broad band technique, where early part of the signal carries surface features of the test specimen and later part of the signal carries depth features of the test specimen. Lift off point of intersection (LOI) is a signal feature exhibited by pulsed eddy current testing probe having send pick up coil configuration. When the lift off, the gap between the probe face and the test specimen is varied, all the signal traces intersect at a common point called lift off point of intersection. The slope of the signals at LOI have a correlation with the gap between the probe face and the test specimen. The paper discusses about the design of probe using electromagnetic simulation software in terms of optimization of number of winding turns of send coil and pick up coil, amplitude and pulse width of current through send coil, rate of rise of current through send coil.