LIC AAO Salary 2023: New Assistant Administrative Officer In Hand Pay Scale, Salary Slip, Allowances

LIC AAO Salary in hand 2023: Life Insurance Corporation of India offers lucrative LIC AAO Salary 2023 for the selected candidates. Candidates looking for LIC AAO Salary 2023 can find complete details here along with LIC AAO Salary Slip 2023. Go through LIC AAO basic pay and detailed LIC AAO Salary in hand 2023 here. Curious LIC AAO exam aspirants must know that the LIC AAO Salary Slip 2023 includes multiple allowances, for which LIC AAO Salary and Allowances are mentioned below. Total emoluments at the minimum of the scale inclusive of House Rent Allowance, City Compensatory Allowance, etc wherever admissible depending upon the classification of the city will be approximately Rs. 92870/- per month in ‘A’ Class city. LIC AAO Salary after wage revision 2023 is highly satisfactory. Check the LIC AAO Pay Scale 2023. Stay updated with the LIC AAO Salary 2023 updates. Also, note the LIC AAO Training Period Salary.

Free Download LIC AAO Syllabus 2023 PDF

LIC AAO Salary 2023

The LIC AAO Salary 2023 basic pay is Rs. 53600/- per month. The complete breakdown of LIC AAO Salary in hand 2023 is explained in this article. The LIC AAO Salary in hand 2023 includes various LIC AAO Salary and Allowances. Also, the LIC AAO Salary after Wage Revision 2023 will be more appealing. Similarly, LIC AAO Salary after 10 years will have a huge hike when compared to your initial LIC AAO Salary 2023.

Download LIC AAO Previous Year Question Papers PDF

LIC AAO Mock Test

LIC AAO Pay Scale 2023

The LIC AAO pay scale 2023 after revision will be quite decent and satisfactory. LIC AAO Salary after 7th pay commission has enhanced the LIC AAO Basic pay. The salary, allowances, and other benefits offered to a LIC AAO and AE (Assistant Engineer) are similar and are covered in detail here. Information regarding LIC AAO Salary 2023, up to the LIC AAO Salary after 10 years is elaborately explained below. Take a look at LIC AAO Pay Scale 2023 provided below:

  • LIC AAO Pay Scale 2023: Rs. 53600- 2645(14) –90630– 2865(4) –102090

Service

Annual increment in LIC AAO Salary 2023

LIC AAO Salary 2023 (Basic Pay

LIC AAO Basic Pay 2023 (Starting)

-

Rs. 53600

LIC AAO Basic Salary after 14 years

Rs. 2645

Rs. 90630

LIC AAO Basic Salary after 18 years

Rs. 2865

Rs. 102090

LIC AAO Vacancy

LIC AAO Salary In Hand 2023

The LIC AAO Salary 2023 employee will also be eligible for several perks. Many benefits are included in the LIC AAO Salary 2023. LIC AAO Salary 2023 includes allowances such as CCA, HRA, DA, and other Allowances. As mentioned above, the LIC AAO Basic Pay 2023 is Rs. 53600/-, whereas the maximum LIC AAO Salary 2023 is Rs. 102090 /-. Therefore, the net LIC AAO in Hand Salary 2023 may approximately range between Rs. 53,600/- and Rs. 1,02,090/-.

LIC AAO Cut Off

LIC AAO Salary Slip 2023

The LIC AAO Salary Slip 2023 helps a candidate to understand the different types of pay included in your LIC AAO Salary 2023 such as the gross pay, allowances, and net pay. Through this information, candidates can calculate the exact LIC AAO Salary in Hand 2023. The LIC AAO Salary Slip 2023 will have the deduction detail as well. The sum of basic pay and allowances will result in the gross LIC AAO Salary 2023. Excluding the deductions from the gross pay, the net LIC AAO Salary in Hand 2023 can be derived. The LIC AAO Salary increment follows a timely-based LIC AAO Salary Pay Scale 2023.

Check LIC AAO Syllabus & Exam Pattern

LIC AAO Salary Slip 2023

The LIC AAO Salary slip 2023 will contain various allowances. These allowances will enhance your LIC AAO Salary 2023 to a higher level. Therefore, the LIC AAO Salary and Promotion will be satisfactory and attractive. You will find a difference in the LIC AAO Basic Pay through a standardized count of the year. In the following years, the LIC AAO Salary after 11th Bipartite will be quite convincing. Take a look at the allowances included in your LIC AAO Salary Slip 2023. Total emoluments at the minimum of the scale inclusive of House Rent Allowance, City Compensatory Allowance etc wherever admissible depending upon the classification of the city will be approximately Rs. 92870/- per month in ‘A’ Class city.

LIC AAO Salary Slip 2023

Basic Pay

Rs. 53,600 /-

Special Allowance

Rs. 4,500 /-

DA

Rs. 21,500 /-

HRA (Minimum 7%)

Rs. 3,752 /-

Transport Allowance

Rs. 1,960 /-

Gross Salary

Rs. 92,870 /-

 

 

Allowance Details of LIC AAO Salary 2023

Amount

D.A.(Dearness Allowance)

40% of the basic pay

H.R.A. (House Rent Allowance)

  • 7%-9% of the LIC AAO basic pay
  • It depends on the posting of the employee to metropolitan cities, big cities, or other places.

C.C.A. (City Compensatory Allowance)

  • 0%-4% of the basic pay of LIC AAO
  • Depends on the Job location of the employee

LIC AAO Emoluments & Benefits:

The LIC AAO Salary 2023 pay scale is wholesome and eligible for various emoluments and benefits. The LIC AAO Salary after 7th pay commission is quite convincing. The LIC AAO Salary 2023 includes several benefits, which are listed below. Considering the LIC AAO Salary 2023, the LIC AAO Salary in hand 2023 will be highly profitable. The additional LIC AAO benefits of LIC AAO Salary 2023 are discussed here.

  • Total emoluments at the minimum of the scale inclusive of HRA, CCA, etc., wherever admissible depending upon the classification of the city will be approximately Rs. 57,000/- per month in ‘A-Class’ city

  • Defined Contributory Pension

  • Special Allowance for passing Actuarial Examination, Gratuity, LTC

  • Cash Medical Benefits

  • Group Mediclaim, Group Personal Accident Insurance, Group Insurance, Vehicle Loan (2-wheeler/4 wheeler) as per rules

  • Meal coupon, reimbursement towards the cost of Briefcase/leather bags, mobile handset, the supply of dailies and magazines and tea/coffee, mobile expenses, etc. as per rules

  • AAO (Chartered Accountant) candidates with two years post qualification work experience are eligible for two advance increments (As of the date of eligibility).

LIC AAO Training Period 2023

After being successfully appointed as an Assistant Administrative Officer, the candidate has to undergo a training period of 1 year from the date of joining. This LIC AAO Training Period can be extended up to 2 years. Upon completion of the LIC AAO training period, the candidate will receive the LIC AAO Salary 2023 and other allowances of a regular employee. Also, the LIC AAO Salary after 11th Bipartite is said to ensure satisfaction.

LIC AAO Training Period Salary 2023

The LIC AAO Training Period Salary 2023 will be decided and fixed by the LIC board. Though the LIC AAO Training Period Salary 2023 will not be equivalent to the basic LIC AAO Salary 2023 of a regular employee, it would be quite satisfactory and decent. This LIC AAO Training Period Salary 2023 is just for a period of 1 to 2 years, after which the candidate will receive the lucrative LIC AAO Salary 2023. 

LIC AAO Job Profile 2023

So far you have seen the LIC AAO Salary 2023 in detail. Now, let us take a look at the LIC AAO Job Profile 2023. This LIC AAO job profile 2023 section shares the responsibilities of a candidate who gets appointed as an Assistant Administrative Officer and receives the LIC AAO Salary in hand 2023. Keep reading to know the basic job role of the LIC AAO job profile 2023, who will receive the LIC AAO Salary 2023.

  • Check existing and new policies

  • Formulate new schemes

  • Supervise the working of departments

  • Manage and file Claims and Settlements of the customers

  • Complete the assigned work by the higher authority

  • Interact with customers and solve their issues

  • Assist and coordinate with the other departments

  • Examine existing policies for errors and misleading facts

LIC AAO Career Growth

Candidates who clear the exam will join as an Assistant Administrative Officer. A lot of promotional opportunities will be provided, thereby, resulting in an increment in the LIC AAO Basic pay. However, the promotion policy requires a minimum of 4-8 years. As mentioned before, Upon completing the LIC AAO training period, the candidate will receive regular LIC AAO Salary 2023, and their LIC AAO salary after 10 years will be highly enhanced. The LIC AAO Career Growth will be based on their experience, performance, and knowledge. The primary job role of a LIC AAO is to perform desktop jobs. Check the possible ways to get promoted mentioned below.

Category

LIC AAO Career Growth (Promotional Hierarchy)

By gaining a certain year of experience

  • Administrative Officer (AO)
  • Assistant Divisional Manager (ADM)
  • Divisional Manager
  • Senior Divisional Manager
  • Zonal Manager

By moving to other departments through internal posting based on your performance

  • Assistant Branch Manager (ABM)
  • Branch Manager (BM)

As per the second category in the LIC AAO Career Growth, the various Departments to which a candidate can be posted based on performance or inclination are as follows:

  • Finance/Accounts
  • New Business
  • Information Technology
  • Policy Servicing
  • Claims
  • Marketing / Sales
  • Actuarial
  • Inspection
  • Legal
  • Systems

A few departments listed above work at Zonal, Divisional & Central Office Levels Only.

LIC AAO Salary 2023 - FAQs

Q: What is the basic LIC AAO Salary 2023?

A: The starting LIC AAO Basic Pay 2023 is Rs. 53,600/-.

Q: What is the LIC AAO Pay Scale 2023?

A: LIC AAO Pay Scale 2023 is given here – Rs. 53600- 2645(14) –90630– 2865(4) –102090. The LIC AAO Salary 2023 will be as lucrative as that of the previous year.

Q: What is the LIC AAO Training Period Salary 2023?

A: The LIC AAO Training period will be for a period of 1 year which can be extended up to a period of 2 years. The LIC AAO Training Period Salary 2023 will be fixed by the LIC board, which might not be as attractive as the basic LIC AAO Salary 2023.

LIC AAO Mock Test

Don’t Miss Any Update

Enter the valid e-mail id and subscribe to Guidely to get the latest updates on all job notifications, Study Materials, Mock Tests and our new launches.