LIC Assistant Salary 2024: Check In Hand Pay, Salary Slip, Pay Scale, Salary After 5 Years

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

LIC Assistant salary in hand 2024 is approximately Rs.38416.

Mar 29 2024

LIC Assistant Salary 2024 in hand, Pay Skip, Allowances: 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 2024. Go through the LIC Assistant basic pay 2024 and detailed LIC Assistant Salary in hand 2024. LIC Assistant Salary after 7th pay commission has enhanced the LIC Assistant Salary 2024, which is shared below for the candidate’s reference. Curious banking aspirants must know that the LIC Assistant Salary Slip 2024 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 2024. Get the attractive LIC Assistant Salary 2024 updates here. Also, check the LIC Assistant Training Period Salary and LIC Assistant Job Profile.

LIC Assistant Cut Off 2024

LIC Assistant Mock Test

LIC Assistant Salary 2024

The basic LIC Assistant Salary 2024 for a candidate appointed as an Assistant is Rs. 27840. The complete breakdown of LIC Assistant Salary in hand 2024 is explained in this article. The LIC Assistant Salary 2024 in hand 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 2024 provided below:

LIC Assistant Pay Scale 2024

Rs.27840 - 840 (1) - 28680 - 915 (2) - 30510 - 1030 (5) - 35760 - 1195 (2) - 38150 - 1455 (3) - 42515 - 1510 (2) - 45535 - 1610 (5) - 53585

LIC Assistant Salary In Hand 2024

The LIC Assistant Salary in hand 2024 will include multiple allowances. Many benefits are included in the LIC Assistant Salary in hand 2024. LIC Assistant Salary 2024 includes allowances such as PF, HRA, TA, and other Allowances. As mentioned above, the starting LIC Assistant Basic Pay 2024 is Rs. 27840, whereas the maximum LIC Assistant basic Salary 2024 is Rs. 53585. The net LIC Assistant salary in Hand 2024 may approximately Rs.38416/-

LIC Assistant Vacancy

LIC Assistant Salary Slip 2024

With the help of the LIC Assistant Salary Slip 2024, you can understand the different types of pay included in your LIC Assistant Salary 2024 such as the gross pay, allowances, and net pay. This LIC Assistant Salary Slip 2024 will help candidates know the exact LIC Assistant Salary in Hand 2024. The LIC Assistant Salary 2024 in hand will have the deduction detail as well. The sum of basic pay and allowances will result in the gross mentioned in LIC Assistant Salary slip 2024. Excluding the deductions from the gross pay will provide the net LIC Assistant Salary in Hand 2024. The LIC Assistant Salary increment follows a timely-based LIC Assistant Salary Pay Scale 2024.

LIC Assistant Salary Slip 2024
Particulars	Amount
LIC Assistant Salary 2024 Basic Pay	Rs. 27,840
DA	Rs. 10,553.14
DA (Arrears)	Rs. 176.27
HRA	Rs. 1987.65
Transport Allowance	Rs. 680
Temp Cash Allowance	Rs. 800
Cadre Spl. Allowance	Rs. 2000
Tech Exam Allowance	Rs. 555
Tech Exam Allowance (Arrears)	Rs. 555
LIC Assistant Salary 2024 (Gross Pay)	Rs. 45,147.06
Deduction	Rs. 6731.06
LIC Assistant Salary in Hand 2024 (Net Pay)	Rs. 38416.00

LIC Assistant Syllabus & Exam Pattern

LIC Assistant Previous Year Paper

LIC Assistant Salary After 3 Years

The LIC Assistant Salary after 3 Years is shared below. The LIC Assistant pay scale after wage revision has good hikes. The basic LIC Assistant Salary after 3 years is given here. Also, check the gross and net LIC Assistant Salary after 3 years.

LIC Assistant Salary After 3 Years (basic pay) - Rs.30510
LIC Assistant Salary After 3 Years (gross pay) - Rs.49476 (approximately)
LIC Assistant Salary After 3 Years (in hand net pay) - Rs.42400 (approximately)

LIC Assistant Salary After 5 Years

The LIC Assistant Salary after 5 Years is shared below. It is a timely-based LIC Assistant Salary 2024 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 2024, 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 list to get a clear idea regarding the basic LIC Assistant Salary after 5 years.

LIC Assistant Salary After 5 Years (basic pay) - Rs.32570
LIC Assistant Salary After 5 Years (gross pay) - Rs.52817 (approximately)
LIC Assistant Salary After 5 Years (in hand net pay) - Rs.45800 (approximately)

LIC Assistant Training Period Salary 2024

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 2024 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 2024 will contain various perks and allowances. These allowances will enhance your LIC Assistant Salary 2024 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 2024.

Allowance Details of LIC Assistant Salary 2024	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 2024 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 2024 includes several additional perks and allowances, which are listed below. Considering the LIC Assistant Salary 2024, the LIC Assistant Salary in hand 2024 will be highly profitable. The additional LIC Assistant perks and allowances of LIC Assistant Salary 2024 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 2024

So far you have seen the LIC Assistant Salary 2024 in detail. Now, let us take a look at the LIC Assistant Job Profile 2024. 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 2024. Keep reading to know the basics of the LIC Assistant job profile 2024.

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 2024 will start with Rs.27840. 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.