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LIC ADO Salary 2023
Candidates preparing for the LIC ADO exam must have curious to know about the LIC ADO Salary 2023, Perks and Allowances, Salary Structure, Career Growth, and Job Profile. Aspirants get a motivation when get to know the LIC ADO Salary that it must be grabbed. The LIC ADO in-hand salary lies in the range of Rs. 50,000/- to Rs. 56,000/ which includes the basic pay as well as the perks and allowances. So in this post, we have covered the LIC ADO Salary Structure 2023 in detail including pay scale, salary structure, etc.
LIC ADO Salary Structure 2023
Life Insurance Corporation of India offers a lucrative salary to the employees working as Apprentice Development Officers in the organization. LIC ADO Salary 2023 varies as the house rent allowance and city compensatory allowance vary as per the classification of the cities.
LIC ADO Salary 2023 Overview
The complete overview of the LIC ADO Salary 2023 is given below in the following table.
LIC ADO Salary 2023 Overview | |
Organization | Life Insurance Corporation of India |
Exam Name | LIC ADO Exam 2023 |
Post | Apprentice Development Officer |
Category | Government Jobs |
Selection Process | Prelims, Mains, Interview |
Job Location | All across India |
Application Mode | Online |
Official Website | @www.licindia.in |
LIC ADO Salary 2023 | Check This Post in Hindi |
LIC ADO Salary Allowances
Candidates can check the LIC ADO Salary Allowance in the following table.
LIC ADO Salary 2023: Allowances |
|
Dearness Allowance |
40% of the Basic Pay(depends on inflation rate) |
House Rent Allowance |
7-9% of the Basic Pay(depends on location) |
City Compensatory Allowance |
0-4% of the Basic Pay(depends on location) |
Professional Allowance |
As announced by LIC |
Special Personal Allowance |
As announced by LIC |
Other than allowances some other benefits received by a LIC ADO are listed below:
- Reward
- Defined Contributory Pension Scheme
- LTC(Leave Travel Concession)
- Medical Benefit
- Group Insurance
- Group Personal Accident Insurance
- Vehicle Advance (2-wheeler/4-wheeler)
- Reimbursement Towards the Cost of Brief Case/leather bag
- Mobile Handset
- Supply of Dailies as per Rules and on Confirmation in Service
- Incentives on outstanding performance
LIC ADO Salary Career Growth
The candidates joining as Apprentice Development Officer (ADO) in the LIC have a huge prospect of career growth. Aspirants joining as ADO have very high chances of getting promoted to Regional Manager by qualifying the departmental examinations conducted by LIC. The hierarchy of career growth of ADO is mentioned below.
- 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
LIC ADO Salary 2023 Job Profile
The job of LIC ADO is mainly focused on sales administration. LIC ADO has to recruit the LIC Agents and train them properly. LIC ADO will have to keep a look at the work profile of the agent and make sure that they sell life insurance to a maximum number of people. During the Apprentice Period, Apprentice Development Officer(ADO) will have to experience Theoretical as well as Field Sales Training. The Apprentice Period of LIC ADO will start from the day their training begins and during this time span, they will have to experience Theoretical as well as Field Sales Training. The LIC ADO will have to undergo a Probation period of one year or more that will be followed by the Apprentice Period. The responsibilities in the Probation period will be the same as that of the appointed ADO.
Related Posts | |
LIC ADO Syllabus | LIC ADO Cut Off |
LIC ADO Previous Year Papers |
LIC ADO Salary 2023 Pay Scale
After getting appointed as a Probationary Development Officer, candidates will receive a basic pay of Rs. 35650/- per month (except
for LIC Employee Category candidates) in the pay scale of 35650-2200(2)-40050-2595(2)-45240-2645 (17)-90205. The net salary includes the House Rent Allowance and City Compensatory Allowance depending upon the classification of the city. In an ‘A’ Class City the net in-hand salary received by an employee will be approximately ₹ 56000/-