LIC ADO Salary 2024: Check payscale, in-hand salary, allowances, benefits

Safalta Expert Published by: Silky Joshi Updated Mon, 17 Jun 2024 12:37 PM IST

Highlights

Looking for details on LIC ADO Salary? Know the LIC ADO Salary 2024 along with the perks and Allowances. Get an idea of the Basic Pay and Growth Prospects of the ADO in the LIC here at Safalta.com.

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LIC ADO Salary: The Life Insurance Corporation conducts the LIC ADO Exam to recruit eligible and interested candidates. All those aspiring to appear for this post must know all information about the exam and post including salary and job profile. LIC ADO basic pay ranges between Rs. 21,865 to Rs. 55,075 per month. Along with a handsome salary, there are many allowances and benefits that ADOs receive.

Source: Safalta

Read this article to know the complete LIC ADO salary and related information. If you are preparing for Bank exams, download our free e-book: A Complete Book of Data Interpretation and Analysis.


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LIC ADO Salary

The candidates opt for the LIC ADO as it is the leading insurance company and they are paid with basic pay of Rs. 21,865. The In-hand salary for the LIC ADO is Rs. 21,865 for those who join initially but as they work for 17 years, the hand salary increases to Rs. 55,075. Apart from this, the LIC ADO staff are also allowed with major allowances as listed below:-  

  • Dearness Allowances

  • House Rental Allowances

  • City Compensatory Allowance

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LIC AAO Salary

Pay in Rupees

Pay-Scale

Rs 21,865

Dearness Allowance

40% of the Basic Pay

House Rent Allowance

9% of the Basic Pay

CC Allowance

4% of the Basic Pay

Professional Allowance

As announced by LIC

Special Personal Allowance

As announced by LIC

Gross Salary

Rs 35,000- Rs 40,000

Net Deduction

As announced by LIC

Net Salary

Rs 32,000-Rs 37,000

 
 

LIC ADO Job Profile

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

  • The candidates of the LIC ADO are sales administration.

  • Their work is to recruit suitable candidates for the LIC Agent.

  • Training the selected agent is also the responsibility of the LIC ADO.

  • They have to look after the performance of the agent

  • They motivate the agents to work harder and maximize the sale of  LIC Policies.

  • They set the target for the sales of Policies and maintain integrity as a whole

  •  
 

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LIC ADO Career Growth 

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

  LIC ADO Salary FAQs

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

Ans 1:  A LIC ADO makes at least Rs 35,000 to 37,000 per month

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

Ans 2: The basic salary of a LIC ADO is Rs. 21,865. 

Ques 3 What is the minimum pay scale for an ADO in LIC?

Ans 3: The minimum pay scale for an ADO in LIC is Rs 21,865.

Question 4: Do you get a salary after the LIC ADO exam?

Ans 4: No salary is received once the candidate joins the department as an LIC ADO.

Ques 5: Is there any career growth for the LIC ADO?

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

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