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LIC ADO Salary 2023, In Hand Salary, Basic Pay, Perks & Allowances

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 Final Result 2023

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
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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/-

LIC ADO Salary 2023, In Hand Salary, Basic Pay, Perks & Allowances_30.1

LIC ADO Salary 2023, In Hand Salary, Basic Pay, Perks & Allowances_40.1

FAQs

What is the initial LIC ADO salary of an employee?

The initial basic LIC ADO salary of an employee is Rs. 35,650 per month.

What is the Job Profile of a LIC ADO?

The Job Profile of a LIC ADO is mainly focused on Sales Supervision.

What is the net LIC ADO Salary 2023?

The net LIC ADO Salary 2023 lies in the range of Rs. 50,500/- to Rs. 56,000/.

Are perks and allowances included in the LIC ADO Salary 2023?

Yes, perks and allowances are included in the LIC ADO Salary 2023.

What is the career growth of an employee working as Apprentice Development Officer is LIC?

The career growth of an employee working as Apprentice Development Officer is LIC is discussed above in the post.