On posting in a Class A city, the minimum salary of the LIC AAO will be approximately 57000.
| Basic Pay | Increment |
|---|---|
| Rs 32795 | Rs 1610 for the first 14 years of Service |
| After 14 years – Rs 55,335 | Rs 1745 for the next 4 years |
| Final Basic Pay(till superannuation) – Rs 62315 |
What is the starting salary of LIC AAO?
32,795 INR per month
The basic and initial salary of AAO is 32,795 INR per month with a yearly increment of 1610 INR for 14 years. There is an annual increment of 1745 INR after 14 years for the next 4 years. After the completion of 18 years, the basic pay of AAO will be 62,315 INR per month.
What is the gross salary of LIC AAO?
| LIC AAO Salary 2021 | ||
|---|---|---|
| Payscale | 32795 – 1610 (14) – 55335 – 1745 (4) – 62315 | Basic pay- Rs.32795/- After Increment- Rs 62,315/- |
| Allowances | Dearness Allowance | 40% of the basic pay |
| House Rent Allowance | 7%-9%(Location dependent) | |
| City Compensatory Allowance | 0% – 4% of the basic pay (Location dependent) |
Is LIC AAO job stressful?
LIC has over 1.10 lakh employees & hence conducts a separate AAO recruitment whose pattern is similar to that of bank exams. Just because there are no targets for AAO, it is not a stress-free job.In a large organisation like LIC, administrative workload shall be enormous.
Does LIC employees get pension?
Superannuation Pension. – Superannuation pension shall be granted to an employee who has retired on his attaining the age specified in rule 14 of the Service Rules or sub-regulation (1) or sub-regulation( 2) of regulation 19 of the Staff Regulations.
Which job is better LIC AAO or SBI PO?
In this blog, we are going to do a Comparative study of LIC AAO vs SBI PO. LIC has released the LIC AAO 2019 Recruitment Notification….LIC AAO vs SBI PO – Which is a better Post?
| CATEGORY: | SBI PO | LIC AAO |
|---|---|---|
| PROMOTIONS | Frequent | After 5-8 years |
| TRANSFER | Frequent | After 3-5 years |
| EXAMINATION TYPE | Online: Prelims + Main | Online : Prelims + Main |
| BOND | 3 Years | 4 years Bond |
What is AAO post in LIC?
The LIC AAO stands for Life Insurance Corporation of India Administrative Assistant officer.
What is the salary of LIC AAO in India?
The LIC (Assistant Administrative Officer) AAO post is a sought-after job in the current phase. The basic pay in the LIC AAO salary is Rs 32,795/- per month. However, there are other lucrative allowances and perks along with the basic pay in the salary structure.
Are there any perks for LIC AAO specialist officer?
Apart from the Basic Pay and Salary Allowances, LIC AAO is also entitles to various additional benefits. Following is the list of all such benefits which are part of the LIC AAO Salary. Apart from the above benefits, LIC AAO Specialist Officer is also eligible to receive the following coupons and reimbursements.
How much does a LIC ADO make per month?
The basic pay in the LIC ADO salary is Rs 21,865/- per month. However, there are other lucrative allowances and perks along with the basic pay in the salary structure. This article is about the LIC ADO salary structure with information on allowances, perks and other benefits.
What is the basic salary of an AAO?
At the end of 14 years from joining, the basic pay will be Rs. 55,335/-. After that, an annual increment of Rs 1,745 is provided upon the existing basic pay for the next 4 years. At the end of 18 years of joining as AAO, the basic pay will be Rs 62,315/- per month.