LIC Assistant Salary 2022 | Check In Hand Pay, Salary Slip, Pay Scale, Salary After 5 Years

LIC Assistant Salary 2022 in hand: Life Insurance Corporation of India recruits candidates for the Assistant post through the LIC Assistant Exam. Candidates looking for the LIC Assistant Salary after 5 years can find complete details here along with LIC Assistant Salary Slip 2022. Go through the LIC Assistant basic pay 2022 and detailed LIC Assistant Salary in hand 2022. LIC Assistant Salary after 7th pay commission has enhanced the LIC Assistant Salary 2022, which is shared below for the candidate’s reference. Curious banking aspirants must know that the LIC Assistant Salary Slip 2022 includes multiple allowances, for which LIC Assistant Perks & Allowances are mentioned below. The LIC Assistant pay scale after wage revision is highly satisfactory. You may note down the LIC Assistant Pay Scale 2022. Get the attractive LIC Assistant Salary 2022 updates here. Also, check the LIC Assistant Training Period Salary and LIC Assistant Job Profile.

LIC Assistant Mock Test

LIC Assistant Salary In Hand 2022

The LIC Assistant Salary 2022 for a candidate appointed as an Assistant is Rs. 14,435. The complete breakdown of LIC Assistant Salary in hand 2022 is explained in this article. The LIC Assistant Salary in hand 2022 includes various LIC Assistant Perks and Allowances. Also, the LIC Assistant Salary after wage revision will be quite decent and satisfactory. Take a look at the LIC Assistant Pay Scale 2022 provided below:

LIC Assistant Pay Scale 2022

Rs. 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080

The LIC Assistant Salary 2022 employee will also be eligible for multiple allowances. Many benefits are included in the LIC Assistant Salary 2022. LIC Assistant Salary 2022 includes allowances such as PF, HRA, TA, and other Allowances. As mentioned above, the LIC Assistant Basic Pay 2022 is Rs. 14,435, whereas the maximum LIC Assistant Salary 2022 is Rs. 40,080. Therefore, the net LIC Assistant in Hand Salary 2022 may approximately range between Rs. 28,000/- and Rs. 32,000/-.

Get to know more about LIC Assistant Cut off Marks

LIC Assistant Salary After 5 Years

The LIC Assistant Salary after 5 Years is shared below. It is a timely-based LIC Assistant Salary 2022 Structure. However, the LIC Assistant pay scale after wage revision has a definite increase when compared to the initial payment. The LIC Assistant Salary after 7th pay commission has enhanced the LIC Assistant Basic pay. Information regarding LIC Assistant Salary 2022, up to the LIC Assistant Salary after 5 years is elaborately explained. Keep reading to know the LIC Assistant Salary after 7th pay commission. Refer to the table to get a clear idea regarding the basic LIC Assistant Salary after 5 years, 7 years, 10 years, and more.

LIC Assistant Salary 2022 Service

Annual increment in LIC Assistant Salary 2022

LIC Assistant Salary in hand 2022

LIC Assistant Basic Pay 2022

-

Rs. 14,435

LIC Assistant Salary after 1 year

Rs. 840/-

Rs. 15,275

LIC Assistant Salary after 2 years

Rs. 915/-

Rs. 17,105

LIC Assistant Salary after 5 years

Rs. 1030/-

Rs. 22,255

LIC Assistant Salary after 2 years

Rs. 1195/-

Rs. 24,645

LIC Assistant Salary after 3 years

Rs. 1455/-

Rs. 29,010

LIC Assistant Salary after 2 years

Rs. 1510/-

Rs. 32,030

LIC Assistant Salary after 5 years

Rs. 1610/-

Rs. 40,080

LIC Assistant Salary Slip 2022

With the help of the LIC Assistant Salary Slip 2022, you can understand the different types of pay included in your LIC Assistant Salary 2022 such as the gross pay, allowances, and net pay. This will help candidates know the exact LIC Assistant Salary in Hand 2022. The LIC Assistant Salary 2022 in hand will have the deduction detail as well. The sum of basic pay and allowances will result in the gross LIC Assistant Salary 2022. Excluding the deductions from the gross pay will provide the net LIC Assistant Salary in Hand 2022. The LIC Assistant Salary increment follows a timely-based LIC Assistant Salary Pay Scale 2022.

LIC Assistant Preparation

LIC Assistant Training Period Salary 2022

Upon selection, the LIC Assistant has to undergo a training period of 6 months from the date of joining. This LIC Assistant Training Period can be extended up to 1 year. However, the LIC Assistant Training period is subject to changes. LIC Assistant Training Period Salary will be decided and fixed by the LIC board. Though the LIC Assistant Training Period Salary will not be equivalent to the basic LIC Assistant Salary 2022 of a regular employee, it would be quite decent. After successfully completing the LIC Assistant training period, the candidate will receive all the perks and allowances of a regular employee.

LIC Assistant Perks and Allowances

The LIC Assistant Salary in hand 2022 will contain various perks and allowances. These allowances will enhance your LIC Assistant Salary 2022 to a higher level. Therefore, the LIC Assistant Promotion and Salary will be satisfactory and attractive. The LIC Assistant Salary after wage revision will be more appealing. Similarly, LIC Assistant Salary after 5 years will have a greater hike when compared to your initial payment. You will find a difference in the LIC Assistant Basic Pay through a standardized count of the year. It might start with the LIC Assistant Salary after 5 years, 7 years, and so on. Take a look at the allowances included in your LIC Assistant Salary Slip 2022.

Allowance Details of LIC Assistant Salary 2022

Amount

D.A.(Dearness Allowance)

40% of the basic pay

Revised quarterly based on the Consumer Price Index (CPI) & depends on Inflation rate

H.R.A. (House Rent Allowance)

9%, 8%, or 7% of the LIC Assistant basic pay

It depends on the posting of the employee to metropolitan cities, big cities, or other places.

C.C.A. (City Compensatory Allowance)

4%, 3%, or 0% of the basic pay of LIC Assistant

Depends on the Job location of the employee

LIC Assistant Additional Allowances

The LIC Assistant Salary 2022 pay scale is wholesome and eligible for various perks and allowances. The LIC Assistant Salary after 7th pay commission is quite convincing. The LIC Assistant Salary 2022 includes several additional perks and allowances, which are listed below. Considering the LIC Assistant Salary 2022, the LIC Assistant Salary in hand 2022 will be highly profitable. The additional LIC Assistant perks and allowances of LIC Assistant Salary 2022 are discussed here.

  • PF
  • Medical Allowance
  • Transport Allowance
  • Stationary Allowance
  • Lunch Allowance
  • Insurance Allowance – Group Personal Accident Insurance, Vehicle Loan (2-wheeler), etc. as per LIC rules
  • Defined Contributory Pension, Gratuity, etc.

LIC Assistant Job Profile 2022

So far you have seen the LIC Assistant Salary 2022 in detail. Now, let us take a look at the LIC Assistant Job Profile 2022. This section shares the LIC Assistant Job Role and LIC Assistant Job Description of a candidate who gets appointed as an Assistant and receives LIC Assistant Salary in hand 2022. Keep reading to know the basics of the LIC Assistant job profile 2022.

  • Address and deal with customer grievances
  • Analyze all the documents related to Insurance Documentation
  • Process Insurance Documentation and check their authenticity
  • Handle documents related to policy claims, settlements, accounts, etc.
  • Handle both online/offline transactions
  • Perform Clerical Staff duties such as Cashier, Single window operator, Customer Service Executive, etc.
  • Handle cash counters
  • Work on files given by Assistant Manager
  • Perform back-end office works

LIC Assistant Career Growth Promotion

Candidates who clear the exam will join as an Assistant in any of the LIC offices. Candidates will get a lot of chances to get promoted to a higher scale, thereby, resulting in an increment in the LIC Assistant Basic pay. The LIC Assistant Salary increment will be done on several promotional processes. The LIC Assistant career growth will be based on their performance, experience, and knowledge. The key role of the LIC Assistant will be to deal with customer grievances. As mentioned before, the LIC Assistant Salary 2022 will start with Rs. 14,435. Upon completing the LIC Assistant training period, the candidate will be appointed as a regular serving employee, and their LIC Assistant salary after 5 years will be highly enhanced.

LIC Assistant Salary 2022 - FAQs

Q: What is the basic LIC Assistant Salary 2022?

A: The LIC Assistant Basic Pay 2022 will start with Rs. 14,435. However, by including the LIC Assistant perks and allowances to the LIC Assistant Salary 2022, the LIC Assistant in hand salary 2022 may approximately range between Rs. 28,000/- and Rs. 32,000/-.

Q: What is the LIC Assistant Pay Scale 2022?

A: LIC Assistant Pay Scale 2022 is given here – Rs. 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080. The LIC Assistant Salary 2022 will be as lucrative as that of the previous year.

Q: What is the LIC Assistant Training Period Salary 2022?

A: The LIC Assistant Training period will be for a period of 6 months which can be extended up to a period of 1 year. Also, the LIC Assistant Training Period Salary 2022 will be fixed by the LIC board, which might not be as lucrative as the basic LIC Assistant Salary 2022.

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