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LIC AAO Salary Structure 2023 - Complete Details

Last updated on 10-Mar-2023

LIC AAO Salary 2023: Life Insurance Company of India (LIC) has updated the pay for Assistant Administrative Officer positions with the publication of LIC AAO Notification 2023 for 300 positions. Every year, lakhs of people race to take advantage of this job opportunity due in large part to the LIC AAO Salary, which attracts graduate aspirants. Every employee of LIC AAO is eligible to receive a number of benefits and allowances, which are all included in the wage. 

LIC AAO Salary 2023:

The LIC AAO Salary 2023 basic pay is Rs. 53600/- per month. The LIC AAO Salary in hand 2023 includes various LIC AAO Salary and Allowances. Also, the LIC AAO Salary after Wage Revision 2023 will be more appealing. 

LIC AAO Pay Scale 2023:

LIC AAO Pay Scale 2023: Rs. 53600- 2645(14) –90630– 2865(4) –102090

LIC AAO Salary 2023 ServiceAnnual increment in LIC AAO Salary 2023LIC AAO Salary in hand 2023
LIC AAO Basic Pay 2023-Rs. 53600
LIC AAO Basic Salary after 14 yearsRs. 2645Rs. 90630
LIC AAO Basic Salary after 4 yearsRs. 2865Rs. 102090

LIC AAO Salary Structure:

Basic PayRs. 53,600 /-
Special AllowanceRs. 4,500 /-
DARs. 21,500 /-
HRA (Minimum 7%)Rs. 3,752 /-
Transport AllowanceRs. 1,960 /-
Gross SalaryRs. 85,612 /-

 LIC AAO Other Allowances:

Allowance Details of LIC AAO Salary 2023Amount
D.A.(Dearness Allowance)40% of the basic pay
H.R.A. (House Rent Allowance)
  • 7%-9% of the LIC AAO basic pay
  • It depends on the posting of the employee to metropolitan cities, big cities, or other places.
C.C.A. (City Compensatory Allowance)
  • 0%-4% of the basic pay of LIC AAO
  • Depends on the Job location of the employee

LIC AAO Emoluments and Benefits:

  • 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 ‘A-Class' city
  • Defined Contributory Pension
  • Special Allowance for passing Actuarial Examination, Gratuity, LTC
  • Cash Medical Benefits
  • Group Mediclaim, Group Personal Accident Insurance, Group Insurance, Vehicle Loan (2-wheeler/4 wheeler) as per rules
  • 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
  • AAO (Chartered Accountant) candidates with two years post qualification work experience are eligible for two advance increments (As of the date of eligibility).

LIC AAO Career Growth 2023

Administrative Officer

Assistant Divisional Manager

Divisional Manager

Senior Divisional Manager

Zonal Manager

LIC AAO Salary – Transfers/Postings 

The details of the Transfers/Postings and Work Pressure of an Assistant Administrative Office of LIC are given below -:

  • The Transfer of LIC AAO happens every 3 to 5 years
  • LIC AAO are usually posted in Cities and Towns
  • LIC AAO Posting can happen anywhere in India
  • The Work pressure of LIC AAO is low. Especially when compared to that of a Bank PO

Find the Right Plan

Flexible pricing options for all the aspirants

FAQs

Does LIC AAO have an Interview?

Yes, interviews will be conducted for the recruitment of AAO for the candidates clearing the mains exam.

What is the Age Criteria for LIC AAO? +

The age criteria is minimum 18 years and maximum 30 years.

What is the application fees for LIC AAO? +

The application fees for LIC AAO are as follows:
SC/ST/PWD Candidates – ₹100 + GST + Transaction Charges
All Other Categories – ₹600 + GST + Transaction Charges

What is the total marks for the interview phase of LIC AAO? +

The total marks for the interview is 60.

When will the LIC AAO 2023 registration process start? +

The LIC AAO 2023 registration process starts on 15 January 2023.

When will the LIC AAO 2023 registration process close? +

The LIC AAO 2023 registration process will close on 31 January 2023.

How many stages are there in LIC AAO 2023 Exam?. +

LIC AAO 2023 exam will be conducted in 3 stages - Prelims, Mains and Interviews.

When is LIC AAO 2023 Prelims Exam? +

The LIC AAO 2023 Prelims exam will be tentatively held on 17 February 2023 and 20 February 2023.

When will the LIC AAO 2023 Mains exam be held? +

The LIC AAO 2023 Main exam will be held on the 18th of March 2023.

What is the basic salary of LIC AAO? +

The starting basic pay of a LIC AAO is ₹53,600/-

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