LIC ADO Salary in Hand 2020 - Check Allowance, Structure, Job Profile

LIC ADO Salary in hand - The Life Insurance Corporation of India recruits Apprentice Development Officers (LIC ADO). The job of a LIC ADO is finding suitable, dynamic LIC agents to sell the policies of the LIC to its customers. The LIC ADOs train the agents and are posted in both urban as well as rural areas. As LIC is one of the most prestigious and the largest organisation in India, the post of LIC ADO holds great attraction as nearly 5-6 lac candidates fill the application form of LIC ADO every year. There are close to 8000-9000 vacancies that are filled through the LIC ADO recruitment. In 2019, 8581 vacancies were released for LIC ADO. As per the in hand salary of LIC ADO, the basic pay is Rs 21,865/- per month, apart from the basic LIC ADO salary, there are various other allowances and perks given to the candidates. In this article, we will talk about the LIC ADO Salary in hand, the LIC ADO salary bifurcation and growth opportunities of a LIC ADO. Read the complete article to know about the LIC ADO salary in hand in 2020.
Latest: The LIC ADO 2020 exam dates to be announced anytime soon

As per experience in the job and increments from time-to-time, candidates can expect great salary, incentives, promotions and great benefits.

What is the LIC ADO salary in hand 2020?

From the following table, candidates can check LIC ADO salary in hand, allowances, basic pay and the pay scale.

Salary of LIC ADO 2020

Apart from the In-hand salary of LIC ADO, candidates who qualify the LIC ADO exam are also entitled to various other allowances and benefits, such as -

• Leave Travel Concession (LTC)

• Special Allowances

• Bonuses

• Medical Benefits

• Accident Insurance

• Personal loan with low-interest rates

• Reimbursement (Based on official trips)

• Performance incentives

What is the Apprentice Period and Probation Period in LIC ADO?

After getting recruited as LIC ADO, candidates have to go through the apprentice period. During this period, they are paid a fixed amount as a stipend which is Rs. 34000 (approximately). On the other hand, the probation period starts after the apprentice period. This period lasts for 1 year.

What are the responsibilities of a LIC ADO?

Apart from recruiting able LIC agents, a LIC ADO must also fulfil certain responsibilities like -

• Monitoring the LIC agents and carrying all sales related tasks of LIC policies.

• Make sales tasks and help the LIC agents in achieving them by helping them understand each and every aspect of the policy.

• Help the clients in understanding the LIC policies and the benefits they will be getting after the maturity period is over or within the policy scale.

• Help in selling the maximum number of LIC policies.

• Organise team meetings, seminars and workshops from time-to-time to create awareness related to new policies, motivate the LIC agents and work shoulder-to-shoulder with the team to complete the targets.

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