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What Are The Salary Perks And Benefits of LIC AAO?
The LIC AAO Salary pay scale is wholesome and eligible for various emoluments and benefits. The LIC AAO Salary after the 7th pay commission is quite convincing. The LIC AAO Salary includes several benefits, which are listed below.
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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 an ‘A-Class’ city
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Defined Contributory Pension
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Special Allowance for passing Actuarial Examination, Gratuity, LTC
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Cash Medical Benefits
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Group Mediclaim, Group Personal Accident Insurance, Group Insurance, Vehicle Loan (2-wheeler/4 wheeler) as per rules
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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
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AAO (Chartered Accountant) candidates with two years post qualification work experience are eligible for two advance increments (As of the date of eligibility).
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Key Points:
- LIC Conducts the LIC AAO exam once a year. The LIC AAO selection process has three phases.
- Three phases are a preliminary exam, a main exam, and an interview.
- Candidates who have cleared the preliminary exam will be called for the main exam, and who have cleared the main examination will be called for an interview.
- Maximum Interview marks are 60 and qualifying marks for EWS, Unreserved, and OBC are 30. Qualifying marks for SC /ST/PwBD candidates are 27.
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