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LIC Assistant Salary 2024
Jeevan Bima Sahyog is a top public sector insurance company with great career opportunities for the candidates. LIC offers a good salary and job profile along with good learning opportunities. Which is very beneficial and attractive in every way. The salary structure in LIC is revised from time to time, according to which LIC Assistant Salary has been revised in recent years. this article here LIC assistant salary 2024 and job profile (LIC Assistant Salary 2024 and job profile) Provides all information about.
LIC Assistant Salary is one of the best salaries in the insurance sector, details of LIC Assistant Salary 2024 are mentioned in the official notification. Complete details on LIC Assistant Salary 2024 are given in this post.
LIC Assistant Salary 2024: Salary Structure
According to recently received information, LIC Assistant salary is Rs 38,700. Will be monthly. Below we have provided the detailed LIC Assistant Salary Structure in the article.
| LIC Assistant Salary Structure | |
| Earnings | Amount |
| Basic Pay | Rs. 38,700 |
| Yes (50%) | Rs. 19,350 |
| HRA (10%/ 8%/ 7%) | Rs. 3,870 |
| Transport Allowance | Rs. 680 |
| Temp Cash Allowance | Rs. 800 |
| Cadre Spl. Allowance | Rs. 2000 |
| Tech Exam Allowance | Rs. 555 |
| Tech Exam Allowance (Arrears) | Rs. 555 |
| Gross Salary | Rs. 66,510 |
| Deduction | Rs. 6731.06 |
| Net Salary (approx.) | Rs. 59,000 |
LIC Assistant Salary 2024: Deductions
There are some deductions from the salary of LIC Assistant whose details are as follows:
| LIC Assistant Salary 2024: Deductions | |
| Name of the Deductions | Amount |
| NPS-DCP Optees | Rs. 3825 |
| Mediclaim | Rs. 158.92 |
| New GI Scheme | Rs. 97 |
| GTIS' 97 Rish Pr | Rs. 196 |
| Opynl Mediclaim | Rs. 613.92 |
| GID Premium | Rs. 1840 |
| SR A/C Credit | Rs. 0.22 |
| Total Deductions | Rs. 6731.06 |
LIC Assistant Salary 2024: Increments
The employee nominated to the post of LIC Assistant gets salary increment at regular time period. The increase in LIC Assistant Salary 2024 is mentioned below.
| LIC Assistant Salary 2024: Increments | ||
| No. of Years | Increment | Basic Pay |
| Initial | – | Rs. 38,700 |
| For the next 1 year | 2,275 | Rs. 40,975 |
| For the next 2 years | 2,485 | Rs. 45,945 |
| For the next 5 years | 2,800 | Rs. 59,945 |
| For the next 2 years | 3,235 | Rs. 66,435 |
| For the next 3 years | 3,960 | Rs. 78,315 |
| For the next 2 years | 4,110 | Rs. 86,535 |
| For the next 5 years | 4,385 | Rs. 1,08,460 |
LIC Assistant Salary 2024: Perks and Allowances
LIC Assistant Salary 2024 is not limited to pay scale only. Various other perks and allowances are provided to the employee. Here are some of the allowances that candidates receive apart from the LIC Assistant salary.
- cash medical benefits
- Group Medi-Claim
- group personal accident insurance
- Group insurance
- Vehicle loan (two wheeler) as per rules
- fixed salary increase
- House Rent Allowance and City Compensation Allowance
- defined contributory pension
- gratuity
- LTC
LIC Assistant Salary 2024: Job Profile
To prepare for LIC Assistant exam, it is necessary for the candidates to understand the job profile of LIC Assistant. The role of LIC Assistant is to provide administrative support to various departments within the Life Insurance Corporation of India (LIC). Some of the key responsibilities of a LIC Assistant include:
- LIC Assistants are responsible to perform various duties of clerical staff ranging from cashiers, single window operators, customer service officers etc.
- Manages the cash counter, processing and acceptance or disbursement of files assigned by the Assistant Manager.
- They also have to do back-office work, account related work and collections as per the work assigned by the manager.
- They will also have to resolve customer complaints.
- LIC Assistants are responsible for processing and reviewing insurance documents and ensuring that all documents are complete.
- They need to manage sales documents and other documents related to policies, claims, settlements, accounts, etc.
- LIC assistants have to handle online/offline transactions.
LIC Assistant Salary 2024: Career Growth
The insurance sector offers diverse career prospects, and getting appointed as a LIC Assistant is a great opportunity. During the probation period, which may extend up to one year, new assistants are expected to demonstrate the ability to effectively perform their job responsibilities. Once they successfully complete their probationary period, they are appointed to their respective posts.
As LIC Assistant, employees can be transferred to different departments as per the internal requirements of the organization and their own interests. Additionally, promotions are given to employees based on their years of experience and performance. LIC Assistants also have the option to take departmental exams and try for higher posts.
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