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LIC AAO Salary 2022 In Hand Salary, Pay Scale, Allowances, Perks, Job Profile & Promotion

LIC AAO Salary 2022: One of the most important aspects that should be known to all is LIC AAO Salary 2022. The salary and job profile can motivate and inspire candidates to prepare well for the examination. LIC AAO Job profile, attractive salary structure, and other benefits make the job of LIC AAO popular among youngsters. The basic pay for LIC AAO posts starts from Rs.53,600/- per month plus allowances & other benefits. In this article, we are going to provide you with the LIC AAO 2022 details In-hand, Salary Structure, Allowance, Perks, Job Profile & Promotion.

LIC AAO Salary 2022

Life Insurance Corporation of India is the largest Insurance company of India and securing a permanent Government Job in LIC is a dream come true for Govt job aspirants. The job of Assistant Administrative Officer is considered one of the most sought jobs in the insurance sector which is the main reason for the increase in competition. Thus, to secure a seat as a LIC AAO, you need a lot of hard work and determination. The candidates after getting selected as LIC AAO will need to complete a 2 years probation period, after then they will be absorbed as permanent employees. If the candidates fails to comply with the service conditions they will be required to pay an amount of 5,00,000 with GST and all other payable taxes to LIC.

LIC AAO Salary 2022: Salary Structure

The salary structure of LIC AAO is 55600-2645(14)-2865(4). As per the given salary structure the basic pay of LIC AAO after 18 years of service of will be 1,02,090 per month. There are various allowances and deductions in the LIC AAO salary structure. The details of the same are given below.

LIC AAO Salary 2022 Salary Structure
Basic Pay
53,600/-
Special Allowance
4,500/-
DA
21500/-
HRA (Minimum 7%)
3752/-
Transport Allowance
1,960/-
Gross Salary
85,612/-

LIC AAO Salary 2022: Deductions

There are certain standard amounts which are deducted from the salary of LIC AAO to get the net salary

Particulars Amount
New GI 137
Mediclaim 200
GIS 3050
GTIS 241
DCPS 6,933
Total Deductions 10,561
Net Salary 75,051

LIC AAO 2022 Perks and Allowances

The allowances are not fixed, they are raised from time to time as per the need. The purpose of allowances is to secure against the rising cost of living and provide security against unforeseen medical expenses. A candidate selected as a LIC AAO gets many attractive allowances & perks along with a handsome salary and some of them are mentioned below with an explanation.

  1. Leave Travel Concession
  2. Medical Facility
  3. Accidental Insurance
  4. Loan facility for personal vehicle
  5. Meal Coupon
  6. Dearness Allowance
  7. House Rent Allowance
  8. Transport Allowance
  9. Special Allowance
  10. Group Insurance
  11. Mobile and other daily requirement expenses, etc.

LIC AAO 2022: Job Profile

Prior knowledge about the job roles and responsibilities of a LIC AAO, will help you work confidently in case you crack the selection phases. Candidates can check the job profile of LIC AAO 2022 in this post.

  • Formulating new schemes and checking the already existing and new policies.
  • Supervising and filing claims and settlements of the customers.
  • Rendering assistance and coordinating with the respective other departments as well.
  • Maintaining cordial relations with the customers, interacting with them, and coming up with solutions to their queries.
  • Completing tasks on time, as assigned by the higher departmental authorities.
  • Inspection of existing facts and pointing out factual errors.

LIC AAO 2022: Career Growth

Everyone who is working in the government sector gets a promotion in his job period. With the increments, the LIC AAO is expected to be getting higher grade assistants. It will also depend upon the performance and experience of the candidate.

  • Administrative Officer
  • Assistant Divisional Manager
  • Divisional Manager
  • Senior Divisional Manager
  • Zonal Manager

 

FAQs: LIC AAO Salary 2022

Q1. What is the basic pay for LIC AAO?

Ans. The basic pay of a LIC AAO is 53,600/-

Q2. What are the perks of a LIC AAO?

Ans. Candidates can check all the perks of LIC AAO in the above article.

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