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LIC AAO Salary 2021: Check in-hand salary, benefits, payscale, and allowances

Safalta Expert Published by: Silky Joshi Updated Tue, 20 Jul 2021 09:41 AM IST

Highlights

Know the LIC AAO Salary 2021 along with the perks and Allowances. Get an idea of the Basic Pay and Growth Prospects of the AAO in LIC.
Source: Safalta

The candidates who join the LIC AAO are subjected to receive a handsome Salary as it is the leading insurance company. The candidates get a salary as per the basic pay, and the basic pay allotted to the LIC AAO is Rs. 32,795. Along with the basic pay, LIC AAO staff are also allowed with major allowances like HRA and CCA. The In-hand salary for the LIC AAO is Rs. 32,795 for those who join initially and after they have served the company for 14 years their basic pay increases to Rs. 55,335.

 

Along with the basic salary, the candidates of LIC AAOalso get a lot of benefits in terms of career growth of candidates.  The candidates upon joining the corporation are subjected to receive promotion on the basis of departmental examinations. The candidates can check the basic job profile, LIC AAO Salary 2021, Career growth etc on this page.

 

LIC AAO Salary

The main reason behind candidates opting for the LIC AAO is the salary structure which is Rs. 32,795. The In-hand salary for the LIC AAO is Rs. 32,795 for those who join initially and after they have served the company for 14 years their basic pay increases to Rs. 55,335.. Apart from this, the LIC AAO staff are also allowed with major allowances as listed below:-

  • Dearness Allowances

  • House Rental Allowances

  • City Compensatory Allowance

 

LIC AAO salary

Pay in Rupees

Pay-Scale

Rs 32,795

Dearness Allowance

40% of the Basic Pay

House Rent Allowance

9% of the Basic Pay

Transport Allowance

4% of the Basic Pay

Professional Allowance

As announced by LIC

Special Personal Allowance

As announced by LIC

Gross Salary

Rs 42,000- Rs 45,000

Net Deduction

As announced by LIC

Net Salary

Rs 40,000-Rs 42,000

 

LIC AAO Job Profile

The candidates can check out the LIC AAO Job Profile in the space below:

  • A LIC AAO candidate has to formulate new schemes and look after the existing and new policies.

  • They supervise and file the claims and settlements of the customers.

  • They render assistance and coordinate with the respective other departments as well.

  • They help in resolving the problems faced by the customers and maintaining cordial relations with the customers.

  • They have to complete the task allotted to them by the higher departmental authorities on time.

  • They have to inspect the facts and point out the factual errors in them.

LIC AAO Career Growth 

The LIC ADO gets promoted either on the basis of seniority or clearing the departmental exams held by the LIC. The candidates upon joining the corporation are subjected to receive promotion on the basis of departmental examinations:-

  • Administrative Officer

  • Assistant Divisional Manager

  • Divisional Manager

  • Senior Divisional Manager

  • Zonal Manager

LIC AAO Salary FAQs

Ques 1: How much does a LIC AAO make per month?

Ans 1:  An LIC AAO makes at least Rs 32,795 per month.

Ques 2:What is the basic salary of a LIC AAO?

Ans 2: The basic salary of a LIC AAO is Rs. 32,795. 

Ques 3:Which is the minimum pay scale for a Clerk in any Indian bank?

Ans 3: The minimum pay scale for an ADO in LIC is Rs 32,795.

Ques 4:Do you get a salary after the LIC AAO exam?

Ans 4: No salary is only received once the candidate joins the department as a LIC AAO.

Ques5:Is there any career growth for the LIC AAO?

Ans 5: Yes, the candidates can appear in the internal exam and seek promotions to the posts of Administrative Officer, Assistant Development Manager, Divisional Manager, Senior Divisional Manager and Zonal Manager.

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