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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.
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.
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.
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.
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.
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.
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 |
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/-.
Sample image of LIC AAO Salary slip 2024 per month slip:
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
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:
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
The probation period of LIC AAO is one year from the date of joining. This period may be extended upto two years.
Yes, LIC provides travel and other allowances in salary to all employees.
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.
LIC is a state-owned insurance company that has branches and offices all across the country. Thus, it is a government job.
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.
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.
Candidates can check their LIC AAO admit card 2024 using registration number/roll number and date of birth/password.
LIC provides TA(Travel Allowance), CCA (City Compensation Allowance), DA (Dearness Allowance)and some special allowances as applicable in the salary of LIC AAO.
Candidates will be able to apply in online mode only.
Application Date:01 December,2024 - 30 December,2024
Admit Card Date:17 December,2024 - 06 January,2025
Others:18 December,2024 - 26 December,2024
LIC AAO EXAM NOTIFICATION is expected to be out in December 2025 tentatively.
In every lic exam, there is a gap of 3 yrs…if we consider last years pattern we can expect notification this year…
If the notification is released this month then you can expect exam in March-April month because there is always two months in between notification and pre exam date and also the mains exam will be conducted after two months of prelims exams which will happen in August.
If notification comes in right time then this schedule fits the exam otherwise you can use this pattern according to the month of notification.
Hope for the best :)
You can contact on hepdesk,They will get touch with you as soon as possible and solve your queries.
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.
• 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.
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