Candidates may review the specifics of the LIC AAO Salary in this post. Candidates who are chosen for the position of LIC Assistant Administrative Officer will get additional applicable allowances in accordance with regulations, in addition to basic salary of Rs. 53600/-per month on the scale of Rs. 53600- 2645(14) –90630– 2865(4) –102090. Learn more about the LIC Assistant Administrative Officer Salary by reading the information provided below.
LIC AAO Salary
LIC AAO Salary Structure 2024, In-hand Salary, Pay Scale and Job Profile. The in-hand salary of LIC AAO is around Rs 88,667 in a metro city with a basic pay of Rs.53,600.
The following will provide candidates with comprehensive knowledge on the LIC Assistant Administrative Officer Job Profile, LIC AAO In Hand Salary, and LIC AAO Salary Structure. We ask applicants who are interested in learning more about the LIC AAO Salary to read the whole post.
LIC AAO Salary Schedule
You can see the specifics of the LIC AAO Salary Structure in the table below.
LIC AAO Salary Structure | |
Basic Pay | Rs. 53,600 |
Special Allowance | Rs. 4,500 |
DA | Rs. 21,500 |
HRA | Rs. 3,752 |
Transport Allowance | Rs. 1,960 |
Gross Salary | Rs. 85,612 |
Deduction (PF/Income Tax/Professional Tax/Pension) | Rs. 10,561 |
Net Salary | Rs. 75,051 |
Salary of LIC AAO In Hand
In this part, we have detailed the LIC AAO In Hand Salary. The baseline LIC AAO Salary for chosen applicants is Rs. 53600 per month. These candidates would be appointed as LIC Assistant Administrative Officers. Four advanced increments in the candidates’ base salary will be awarded, as follows: 53600 – 2645(14) – 90630 – 2865(4) – 102090. As a result, the LIC Assistant Administrative Officer’s base pay is Rs. 53600, with a future pay increase of Rs. 2865 over the next 14 years. The highest base pay for the chosen applicants would be Rs. 102090.
Probationary Period for LIC Assistant Administrative Officer
Applicants must attend the LIC Assistant Administrative Officer Probation Period for a year after their joining date if they are chosen for the job of LIC Assistant Administrative Officer.
Salary Deduction for LIC AAO
The following table provides information regarding the LIC AAO Salary Deduction for candidates.
LIC AAO Salary Deduction | |
Particulars | Amount |
NEW GI | Rs. 137/- |
Mediclaim | Rs. 200/- |
GIS | Rs. 3,050/- |
GTIS | Rs. 241/- |
DCPS | Rs. 6,933/- |
Total Deductions | Rs. 10,561 |
Bond Guaranteed by LIC AAO
Candidates chosen for the position of LIC Assistant Administrative Officer will get a set LIC AAO Bond. The four-year term that the chosen applicants must serve the LIC includes the LIC Assistant Administrative Officer Probation Period. If candidates do not finish the bond, they will be required to pay Rs. 5,00,000 + GST.
Job Profile for an Assistant Administrative Officer at LIC
- The client relations of the assistant administrative officer must be maintained.
- The primary responsibilities of the LIC Assistant Administrative Officer are to design new programmes and oversee those that already exist.
- The LIC Assistant Administrative Officer is required to check the current facts and identify any factual errors.
- Candidates chosen for the LIC AAO position will oversee claims and handle client settlements.
- Must complete the assignments that are provided to you on time and as directed by higher authorities.