LIC AAO Salary: The Life Insurance Corporation of India has released the official notification for LIC AAO Recruitment 2023.
All those candidates who are eligible can apply for the exam till 31st January 2023.
LIC AAO salary is a very handsome amount which is one of the major reasons why lakhs of candidates apply for this exam.
The basic salary is Rs.
32,795 and the in-hand salary is Rs.
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Table of Content
1. LIC AAO Salary2. LIC AAO Salary Structure
3. LIC AAO Salary: Allowances and Benefits
4. LIC AAO Salary: Job Profile
5. LIC AAO Salary: Career Growth
LIC AAO Salary 2023
The main reason behind candidates opting for the LIC AAO is the salary structure which is Rs. 53,600. The In-hand salary for the LIC AAO is Rs. 80,870 for those who join initially and after they have served the company for 14 years their basic pay increases to Rs. 90,630. Apart from this, the LIC AAO staff are also allowed with major allowances as listed below:-
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Dearness Allowances
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House Rental Allowances
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City Compensatory Allowance
LIC AAO Salary Structure
LIC AAO salary structure is as given below:Basic Pay | 53,600/- |
Special Allowance | 4,500/- |
DA (29.36%) | 17,058/- |
HRA (7% for Z Class City) | 3,752/- |
Transport Allowance | 1,960/- |
Gross Salary | 80,870/- |
Get complete information on LIC AAO Recruitment here.
LIC AAO Salary: Allowances and Benefits
Along with a handsome amount of salary, there are various allowances and benefits that LIC AAO receive. They are as follows:- Dearness Allowance
- House Rent Allowance
- Transport Allowance
- Special Allowance
- Group Insurance
- Leave Travel Concession
- Medical Facility
- Accidental Insurance
- Loan facility for personal vehicle
- Meal Coupon
- Mobile and other daily requirement expenses, etc.
LIC AAO Salary: Job Profile
The candidates can check out the LIC AAO Job Profile in the space below:
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A LIC AAO candidate has to formulate new schemes and look after the existing and new policies.
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They supervise and file the claims and settlements of the customers.
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They render assistance and coordinate with the respective other departments as well.
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They help in resolving the problems faced by the customers and maintaining cordial relations with the customers.
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They have to complete the task allotted to them by the higher departmental authorities on time.
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They have to inspect the facts and point out the factual errors in them.
LIC AAO Salary: 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:-
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Administrative Officer
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Assistant Divisional Manager
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Divisional Manager
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Senior Divisional Manager
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Zonal Manager
Read More
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