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LIC AAO Salary 2024 - Check Job Profile, Promotions & Other Benefits
Edited By Vishnukumar V | Updated on May 29, 2024 12:21 PM IST | #LIC AAO
LIC AAO Salary 2024 - Life Insurance of India (LIC) mentions LIC AAO 2024 salary in its official notification which is released on the official website. Candidates filled out the LIC AAO application form are advised to check the LIC AAO salary slip to know how much they will be paid after joining. All candidates who will clear LIC AAO will get basic pay of Rs. 53600/- per month in the scale of Rs. 53600-2645(14)–90630– 2865(4)–102090.
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As per the conducting authorities, at the time of joining, LIC AAO salary slip comprises of basic pay and other allowances as applicable. The allowances included in salary of LIC AAO are house rent allowance, city compensatory allowance, medical benefit, LTC, mobile expenses and others. However, as per the LIC AAO salary 2024, the allowances may vary depending upon work location and other parameters. After qualifying in the LIC AAO result, candidates willing to know all about the Assistant Administrative Officer LIC salary and perks must read to salary structure. As per the LIC AAO exam pattern, the test is conducted in three stages - prelims exam, mains exam and interview. To know more about LIC AAO salary 2024, go through the article below.
What is the in-hand LIC AAO Salary 2024?
The total LIC AAO salary after all the deduction and inclusion of allowances is called LIC AAO salary in-hand. LIC Assistant administrative officer gets a salary of Rs. 92870/- per month after all deductions and inclusive all the allowances.
LIC AAO Basic Pay 2024
The basic pay is the amount that employee gets excluding all the allowances. All the deductions are not considered in basic pay of LIC AAO salary.
LIC AAO 2024 Salary Allowances
Along with the basic pay, employee will get some allowances included in salary. The list of all the allowances in LIC AAO salary slip 2024 is mentioned below.
House Rent Allowance(HRA): The HRA of employee is decided on the basis of certain factors, such as the city in which the employee resides. In case the individual resides in a metro city, then he/she is entitled to an HRA equal to 50% of the salary. For cities other than a metro, the entitlement is 40% of the salary.
City Compensatory Allowance: CCA is provided to compensate for the higher cost of living in metropolitan city. In some cases, CCA is also offered to an employee living in non-metropolitan city.
Transport Allowance: CCA will be given transport allowance for visiting their workplace and official workplaces.
Special Allowance: Apart from the allowances mentioned above LIC AAO salary 2024 also includes special allowances like defined contributory pension, special allowance for passing actuarial examination, gratuity, LTC, cash medical benefit, group Mediclaim, group personal accident insurance, group insurance, vehicle loan (2-wheeler/4 wheeler) as per rules, meal coupon, reimbursement towards cost of briefcase/leather bags, mobile handset, supply of dailies and magazines and tea/coffee, mobile expenses, etc. as per rules.
LIC AAO Salary Scale 2024
The LIC AAO salary in hand is calculated including all allowances. The deductions made from LIC AAO salary slip 2024 include income tax, pension deduction and others. Candidates can check detailed salary breakdown of LIC AAO from table given below.
LIC AAO 2024 Salary Quora Per Month
Particulars | Amount |
DA | Rs. 21500 |
Basic Pay | Rs. 53600 |
HRA | Rs. 3752 |
Transport Allowance | Rs. 1960 |
Deduction (PF/Income Tax/Professional Tax/Pension) | Rs. 10561 |
| Gross Salary | Rs. 85612 |
Net salary after all deductions | Rs. 75051 |
LIC AAO Salary Increments
After joining the basic pay of Assistant Administrative Officer LIC Salary per month is Rs. 53600/-.
For next 14 years employees with get annual increment of Rs. 2645/-. The LIC AAO Salary per month of employee after 14 of service will be Rs. 92870/-.
For next 4 years, employee will get an annual increment of Rs. 2865/- followed by a basic pay of Rs. 90630/-.The salary of LIC AAO after 18 years of service will be RS. 102090/-.
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Various Departments in which LIC AAO Work
The job profile of LIC AAO is not confined to a particular department. List of all the departments in which LIC AAO works is given below.
Actuarial
Inspection
New Business
Finance/Accounts
Claims
Information Technology
Marketing / Sales
Policy Servicing
LIC AAO 2024 Job Profile
The primary duty of an assistant administrative officer is to take care of proper functioning of the department.
To analyze and inspect all the policies.
Interacting with clients and solving their queries.
Filing and management of claims with other departments.
Research ad formulates new schemes.
Read More:
- LIC AAO Vacancy 2024
- LIC AAO Exam Dates 2024
- LIC AAO Admit Card 2024
- LIC AAO Result 2024
- LIC AAO Cut off 2024
LIC AAO 2024 Promotions And Growth Opportunities
There are lots of opportunities in LIC AAO job profile. One best way to get promotions in job is gaining experience with a good working profile. Promotions that LIC AAO gets are mentioned below.
Administrative Officer (AO)
Assistant Divisional Manager (ADM)
Divisional Manager (DM)
Senior Divisional Manager (SDM)
Zonal Manager
Frequently Asked Questions (FAQs)
1. What is the probation period of LIC AAO?
The probation period of LIC AAO is one year from the date of joining. This period may be extended upto two years.
2. Does LIC provide travel allowance in salary benefits?
Yes, LIC provides travel and other allowances in salary to all employees.
3. What is the salary of LIC AAO?
The basic Pay of LIC AAO is Rs. 53600 per month in the scale of Rs. 53600- 2645(14) –90630– 2865(4) –102090 and other admissible allowances as per rules. The gross salary of an LIC AAO is around Rs. 85612 per month.
4. Is LIC AAO a government job?
LIC is a state-owned insurance company that has branches and offices all across the country. Thus, it is a government job.
5. Is LIC AAO exam conducted every year?
No, LIC AAO is not conducted every year. There is no certain gap however, It may be conducted in a gap of minimum 2 years.
6. What is the exam pattern of LIC AAO 2024?
LIC AAO exam pattern 2024 comprises prelims exam, mains exam and interview. Final results will be declared on the basis of mains exam and performance in interview.
7. What are the credentials needed to download admit card of LIC AAO?
Candidates can check their LIC AAO admit card 2024 using registration number/roll number and date of birth/password.
8. What are the allowances included in LIC AAO 2024 salary?
LIC provides TA(Travel Allowance), CCA (City Compensation Allowance), DA (Dearness Allowance)and some special allowances as applicable in the salary of LIC AAO.
9. How can we apply for LIC AAO 2024?
Candidates will be able to apply in online mode only.
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Have a question related to LIC AAO ?
You can contact on hepdesk,They will get touch with you as soon as possible and solve your queries.
Saurabh Pandey 05 August,2020
Hello,
The candidates appearing for LICAAO should be ready for it. LIC released the notification for 2020 on February 25. It also has a list of the exam centres. The application close on March 15th,2020. Now, the prelims are postponed due to corona virus outbreak and further information is still left to be received.
hrithik jain 24 March,2020
• Age Limit: The candidate must be 21 Years to 30 Years as on 01.04.2020 i.e. candidates must have been born between 02.04.1990 and 01.04.1999 (both dates inclusive)
• Educational Qualification: The candidate must be a graduate in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government. Those who are in the Final year/Semester of their Graduation may also apply provisionally subject to the condition that, if called for interview, they must produce proof of having passed the graduation examination on or before 01.07.2020. Candidates with Integrated Dual Degree (IDD) certificate must ensure that the date of passing the IDD is on or before 31.08.2020. Candidates with Chartered Accountant certification may also apply.
SBI PO Selection Procedure: Important Points
The candidates should keep in mind the following points related to the SBI PO selection process:
• Biometric Verification: To ensure an error-free and secure selection procedure for SBI PO 2020, the bank may digitally capture the thumb impression of the candidate. This is done to verify the genuineness of the candidates. Any inconsistency in the biometric verification will lead to rejection of the candidature and punitive legal actions. Candidates are thus advised not to apply any kind of external matter like ink, mehandi, chemical etc. on their hands.
• Number of Attempts: The maximum number of chances are fixed for each category. Candidates who have used up all the chances are not eligible to apply. Appearing in Preliminary Exam is not counted as an attempt but appearing in Mains Exam is counted.
pallavi patil 23 June,2020
Hii Preetam!
As per the latest update, the notification for LIC AAO has not been released yet. It is expected to be released in March 2020. The LIC AAO prelims exam may be conducted in May 2020 and LIC AAO mains exam may be conducted in June 2020. No general trend is seen regarding the conduction of exam as it may happen once in 2 years. But you can follow up the official website to keep a check and get the latest information. Hope this helps.
Good luck!
As per the latest update, the notification for LIC AAO has not been released yet. It is expected to be released in March 2020. The LIC AAO prelims exam may be conducted in May 2020 and LIC AAO mains exam may be conducted in June 2020. No general trend is seen regarding the conduction of exam as it may happen once in 2 years. But you can follow up the official website to keep a check and get the latest information. Hope this helps.
Good luck!
Pankhuri Kumari 20 December,2019
Hi Arjun,
It is highly likely that you would be able to determine your respective name of the city for your venue of concern from the Venue code that you already have with you but if due to any circumstances you are unable to do the same then I would suggest you to search for the printed address of the venue that you have with your disposal on Google maps as then you would very easily be able to obtain the name of the city that has been allotted to you as your venue. Also keep in mind that if the address that is with your disposal has any pin code mentioned along with it then you would most likely be able to determine the city of your venue.
BEST WISHES!
Tamajit Biswas 24 October,2019
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