LIC AAO Salary 2024: Assistant Administrative Officer In Hand Pay Scale, Salary Slip, Allowances

LIC AAO Salary Slip 2024, in hand pay, allowances per month: Life Insurance Corporation of India offers a handsome LIC AAO Salary 2024 package for the Assistant Administrative Officer posts. Candidates can check here the LIC AAO Salary 2024 details in this article. Also, check here the updated LIC AAO Salary Slip 2024. Go through the LIC AAO salary structure. Along with allowances, check the LIC AAO Salary in hand 2024 here. Curious LIC AAO exam aspirants must know that the LIC AAO Salary Slip 2024 includes multiple allowances. 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 is highly satisfactory. thus the LIC AAO salary in hand 2024 after deductions will look attractive. Stay updated with the LIC AAO Salary slip 2024 updates here. Also, make note of the LIC AAO Training Period Salary.

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LIC AAO Cut Off 2024

 

LIC AAO Salary 2024

The LIC AAO Salary 2024 basic pay is Rs. 53600/- per month. The complete breakdown of LIC AAO Salary in hand 2024 is explained in this article. The LIC AAO Salary in hand 2024 includes various Allowances. Also, the LIC AAO Salary after Wage Revision will be more appealing.

The LIC AAO pay scale 2024 after revision will be quite decent and satisfactory. 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 2024, up to the LIC AAO Salary after 10 years is elaborately explained below. Take a look at LIC AAO Pay Scale 2024 provided below:

  • LIC AAO Pay Scale 2024: Rs. 53600- 2645(14) –90630– 2865(4) –102090

Service

Annual increment in LIC AAO Salary 2024

LIC AAO Salary 2024 (Basic Pay

LIC AAO Basic Pay 2024 (Starting)

-

Rs. 53600

LIC AAO Basic Pay after 14 years

Rs. 2645

Rs. 90630

LIC AAO Basic Pay after 18 years

Rs. 2865

Rs. 102090


Download LIC AAO Previous Year Question Papers PDF

 

LIC AAO Salary In Hand 2024

The LIC AAO Salary in hand 2024 will also have several perks. Many benefits are included in the LIC AAO Salary in hand 2024. LIC AAO Salary in hand 2024 includes allowances such as CCA, HRA, DA, and other Allowances. As mentioned above, the LIC AAO salary 2024 Basic Pay is Rs. 53600/-. And, the net LIC AAO salary in Hand 2024 may be approximately Rs. 82370/-.

LIC AAO Salary Slip 2024

The LIC AAO Salary slip 2024 will contain various allowances. These allowances will enhance your LIC AAO Salary 2024 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 2024. 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 2024

Basic Pay

Rs. 53,600 /-

Special Allowance

Rs. 4,500 /-

DA

Rs. 21,500 /-

HRA (Minimum 7%)

Rs. 3,752 /-

CCA

Rs. 1100

Transport Allowance

Rs. 1,960 /-

Gross Salary

Rs. 92,870 /-

Deductions

Rs. 10500 (approx.)

Net LIC AAO salary in hand 2024

Rs. 82370 (approx.)

 

 

Allowance Details of LIC AAO Salary 2024

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 2024 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 2024 includes several benefits, which are listed below. Considering the LIC AAO Salary 2024, the LIC AAO Salary in hand 2024 will be highly profitable. The additional LIC AAO benefits of LIC AAO Salary 2024 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 2024

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 2024 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 2024

The LIC AAO Training Period Salary 2024 will be decided and fixed by the LIC board. Though the LIC AAO Training Period Salary 2024 will not be equivalent to the basic LIC AAO Salary 2024 of a regular employee, it would be quite satisfactory and decent. This LIC AAO Training Period Salary 2024 is just for a period of 1 to 2 years, after which the candidate will receive the lucrative LIC AAO Salary 2024. 

LIC AAO Job Profile 2024

So far you have seen the LIC AAO Salary 2024 in detail. Now, let us take a look at the LIC AAO Job Profile 2024. This LIC AAO job profile 2024 section shares the responsibilities of a candidate who gets appointed as an Assistant Administrative Officer and receives the LIC AAO Salary in hand 2024. Keep reading to know the basic job role of the LIC AAO job profile 2024, who will receive the LIC AAO Salary 2024.

  • 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 2024, 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 2024 - FAQs

Q: What is the basic LIC AAO Salary 2024?

The starting LIC AAO Basic Pay 2024 is Rs. 53,600/-.

Q: What is the LIC AAO salary in hand 2024?

The LIC AAO salary in hand 2024 is approximately Rs. 82370.

Q: What is the LIC AAO Pay Scale 2024?

LIC AAO Pay Scale 2024 is given here – Rs. 53600- 2645(14) –90630– 2865(4) –102090. The LIC AAO Salary 2024 will be as lucrative as that of the previous year.

Q: What is the use of LIC AAO salary slip 2024?

LIC AAO salary slip 2024 is useful to know the detailed pay info such as gross pay, allowances, deductions, and net pay.

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