[ad_1]
LIC ADO Salary 2024
Candidates targeting LIC ADO Exam LIC ADO salary 2024 (LIC ADO Salary 2024, Allowances and facilities, salary structure, Career Growth and Job Profile Are curious to know about. In-hand salary of LIC ADO ranges from Rs. 50,000/- to Rs. Remains in the range of Rs 56,000/- which includes basic pay as well as allowances and perks. Life Insurance Corporation of India (LIC) offers attractive salaries to employees working as Apprentice Development Officers. In this article, we are telling you in detail about LIC ADO Salary 2024, including in-hand salary structure, allowances, perks, job profile and career growth. Perks, Job Profile & Career Growth).
LIC ADO Salary 2024
Life Insurance Corporation of India offers attractive salaries to the employees working as Trainee Development Officers in the organization. LIC job is very popular among the youth and LIC ADO will also be a golden opportunity for the candidates and its salary is an important factor which attracts the candidates preparing for LIC ADO. LIC ADO Salary 2024 varies as House Rent Allowance and City Compensatory Allowance varies according to the classification of cities.
LIC ADO Salary 2024: Overview
Complete details about LIC ADO Salary 2024 are given in the table below, which candidates should keep in mind.
| LIC ADO Salary 2024: Overview | |
| organization | Life Insurance Corporation of India |
| Exam Name | LIC ADO Exam 2024 |
| Posts | Apprentice Development Officer |
| Categories | Government Jobs |
| Selection Process | Prelims, Mains, Interview |
| Job Location | All across India |
| Application Mode | online |
| Official Website | @www.licindia.in |
LIC ADO Salary Structure 2024
Life Insurance Corporation of India is the largest insurance company of India and hence getting a job in LIC is the dream of the candidates preparing for government jobs. Candidates should know about LIC ADO salary, job profile, allowances and career growth before applying for the exam. Let us tell you that the employee selected as LIC ADO gets other attractive allowances and perks along with the basic salary, hence it is important for the candidates to know about how the LIC ADO salary is made. Candidate LIC ADO salary structure 2024 ,LIC ADO Salary Structure 2024) details can be seen in the table given below.
| LIC ADO Salary Structure 2024 | |
| Earnings | Amount |
| Basic Pay | 35,650 |
| Dearness Allowance | 40% of the Basic Pay |
| House Rent Allowance | 7-9% of the Basic Pay |
| City Compensatory Allowance | 0-4% of the Basic Pay |
| Net Salary | Rs.56000 |
LIC ADO Salary 2024: Allowances
The allowances available to LIC ADO employees are given below:
| LIC ADO Salary 2024Allowances | |
| Dearness Allowance | 40% of the Basic Pay(depends on inflation rate) |
| House Rent Allowance | 7-9% of the Basic Pay(depends on location) |
| City Compensatory Allowance | 0-4% of the Basic Pay(depends on location) |
| professional allowance | As announced by LIC |
| Special Personal Allowance | As announced by LIC |
LIC ADO Some other benefits received apart from allowances are given below:
- Reward
- Defined Contributory Pension Scheme
- Leave Travel Concession
- Medical Benefit
- Group Insurance
- Group Personal Accident Insurance
- Vehicle Advance (Two Wheeler/Four Wheeler)
- Reimbursement Towards the Cost of Brief Case/leather bag
- Mobile Handset
- Supply of Dailies as per Rules and on Confirmation in Service
- Incentives on outstanding performance
LIC ADO Salary 2024: Career Growth
Candidates joining LIC as Apprentice Development Officer (ADO) have a huge scope for career growth. Candidates joining as ADO have very high chances of getting promoted as Regional Manager by qualifying the departmental examinations conducted by LIC. The hierarchy of career growth of ADO is given below.
- Apprentice Development Officer
- Probationary Development Officer
- Development Officer
- Assistant Branch Officer
- Branch Officer
- Senior Branch Officer
- Assistant Divisional Officer
- Divisional Officer
- Senior Divisional Manager
- Regional Manager
LIC ADO Salary 2024: Job Profile
The work of LIC ADO mainly focuses on sales administration. LIC ADO has to recruit LIC agents and train them properly. LIC ADO has to keep an eye on the work profile of the agent and ensure that he sells life insurance to as many people as possible. During the apprenticeship period, the Apprentice Development Officer (ADO) will have to experience theory as well as field sales training. The apprentice period of LIC ADO will start from the day their training starts and during this period they will have to experience theoretical as well as field sales training. LIC ADOs must undergo a probation period of one year or more, followed by an apprenticeship period. The responsibilities during the probation period will be the same as that of the appointed ADO.
LIC ADO Salary 2024: Pay Scale
After being appointed as Probationary Development Officer, to the candidates 35650/- Basic salary of Rs. per month (except LIC employee category candidates) 35650-2200(2)-40050-2595(2)-45240-2645(17)-90205 Will be received in the pay scale of Rs. Net salary includes House Rent Allowance and City Compensatory Allowance depending on the city classification. The net in-hand salary received by an employee in an 'A' category city will be approximately ₹ 56000/-.
LIC ADO Salary 2024: Apprenticeship Period
The period of apprenticeship will start from the date of commencement of training. As per the rules of Life Insurance Corporation of India during the apprentice period, candidates will be paid a fixed amount per month as stipend. Except for LIC employee category candidates, the amount of stipend will be approx. ₹51500/- every month Will happen.
LIC ADO Salary 2024: Probation
An Apprentice Development Officer, who successfully completes the apprenticeship period, will be appointed as Probationary Development Officer. Appointment will be made by the recruiting authority if it feels that the candidate is suitable to render service to the Corporation. The period of probation will be for one year which can be extended up to two years. LIC Shortlisted candidates as per performance assessment in Assistant Development Officer (Apprentice Development Officer) Permanent on the post of (Permanent) Will be done.
[ad_1]