LIC AAO Salary
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 in detailed way along with the information related to allowances, promotion and other additional pay scale benefits.
As knowing about the given LIC AAO Pay Scale 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 AAO Salary:
LIC AAO Salary
LIC AAO Salary Structure:
Get details of LIC AAO Salary in hand 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||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 Other Allowances and 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 – Additional Benefits:
Along with Basic pay and allowances, other benefits are also provided to the employees that are working in LIC under AAO profile. The other benefits included are:
- Defined Contributory Pension
- Accident Insurance
- Cash Medical Benefit
- Group Insurance
- Personal Loan on concessional interest rates
- 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:
- Policy Servicing
- Information Technology
- Marketing / Sales
- New Business
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 Recruitment Exam Preparation Material:
|LIC AAO Exam Pattern||LIC AAO Syllabus|
|LIC AAO Previous Year Papers||Best Books For LIC AAO|
LIC AAO 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 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 pay scale will be reached.
All details about LIC AAO Salary provided on this page are written by the team members of recruitmentresult.com Stay in touch with us for more similar updates.