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If you want to make your career with Life Insurance Corporation of India, then LIC AAO (Assistant Administrative Officer) is the best job profile. Here, we are providing LIC AAO Salary Structure 2023 in detailed way along with the information related to allowances, promotion and other additional LIC AAO Pay Scale benefits.
The basic pay in the LIC AAO salary is Rs 32,795/- per month. However, there are other lucrative allowances and perks, along with the basic pay in the salary structure.
As knowing about the given LIC AAO Salary And Other Benefits and the responsibilities of this profile, you will gain knowledge about Administrative Officer job profile one step ahead. Salary is the first thing that any person wants to know before applying for the recruitment. So, lets have a look on LIC Assistant Administrative Officer (AAO) Salary, Salary Of LIC AAO:
LIC AAO Salary
LIC AAO Salary Structure:
Get details of LIC AAO Salary in hand 2023 / LIC AAO In Hand Salary from here:
| LIC AAO Basic Pay | 32,795/- p.m |
| Annual Increment | 1,610 for the next 14 years from the date of joining |
| Basic pay after the increment (LIC AAO Grade Pay) | 55,335/- p.m (after 14 years) |
| Annual increment | 1,745 for next 4 years |
| Basic pay after these increments | 62,315/- p.m (after the next 4 years) |
LIC AAO Allowances & Benefits:
| House Rent Allowance (HRA) | It differs as per the location of posting. For metropolitan cities, HRA would be 9%, 8%, and 7% of the basic pay. |
| City Compensatory Allowance (CCA) | It also differs as per the place of posting. CCA can be 4%, 3%, or even 0% of basic pay. |
| Dearness Allowance (DA) | It depends on the increase or decrease in inflation. DA can be around 40% of the Basic Pay. |
LIC AAO Pay Scale after adding allowances: Rs 56,000 p.m. (in A Class cities).
LIC AAO Salary After 5 Years – Additional Benefits:
Along with LIC Administrative Officer Salary and allowances, other benefits are also provided to the employees that are working in LIC under AAO profile. The other benefits except AAO In LIC Salary included are:
- Defined Contributory Pension
- Accident Insurance
- Cash Medical Benefit
- Group Insurance
- Personal Loan on concessional interest rates
- Gratuity
- Leave Travel Concession (LTC)
- Personal Vehicle Loans on concessional interest rates
- Special Allowance
LIC AAO Promotion Cycle:
The promotional level goes up as per the given profile:
| 1st Profile: Assistant Administrative Officer |
| 2nd Profile: Administrative Officer |
| 3rd Profile: Assistant Divisional Manager |
| 4th Profile: Divisional Manager |
| 5th Profile: Senior Divisional Manager |
| 6th Profile: Regional Manager |
| 7th Profile: Zonal Manager |
| 8th Profile: Executive Director (ED) |
| 9th Profile: Chairman and so on |
Know About: Office Manager Salary
LIC AAO Job Profile:
As the name already refers about Administrative Officer, so the working related under AAO profile includes administrative roles and also the responsibility varies as per the department. The departments under which an Assistant Administrative Officer works are:
- Finance/Accounts
- Policy Servicing
- Actuarial
- Information Technology
- Marketing / Sales
- Claims
- New Business
- Inspection
Roles & Responsibilities of LIC AAO:
- To supervise all the functions carried out in a department.
- To make a plan for inclusion of new policies or schemes
- To interact with customers, sales professional etc.
- To do negotiation with the agents.
- To maintain database.
- To do inspection on currently ongoing policies and schemes.
LIC AAO Recruitment Details:
- Conducting Organization: Life Insurance Corporation of India (LIC)
- Post Name: Assistant Administrative Officer (AAO)
- Job Type: Central Government Job
- Exam Mode: Online
- Selection Process: Online Test and Personal Interview
Get Here Detailed: LIC AAO Syllabus
LIC Assistant Administrative Officer Salary – Transfers/Postings and Work Pressure:
- In comparison to a bank PO, candidates profiled under AAO position have to face less work burden.
- Transfer of LIC AAO takes place in between 3 to 5 years.
- The posting of an LIC AAO (LIC AAO Job Location) can be done everywhere in India.
Frequently Asked Questions:
Question) Is recruitment exam for LIC AAO conducts every year?
Answer) No, it is not necessary that Assistant Administrative Officer exam will be held every year by LIC.
Question) Is LIC gave pensions also?
Answer) Yes, the employees that are retiring will be provided pension by LIC.
Press Here: LIC Official Website
Question) After working for 5 years in LIC as AAO SO, what will be the pay structure?
Answer) Approximately Rs 63,852/-, your AAO LIC Salary will be reached.
All details about Assistant Administrative Officer LIC Salary, Salary Of AAO in LIC provided on this page are written by the team members of recruitmentresult.com Stay in touch with us for more similar updates regarding LIC Zonal Manager Salary, LIC Manager Salary, AAO Officer Salary.
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