Aspirants can check the in-hand salary and other allowances offered for the LIC ADO 2022 post. The LIC Apprentice Development Officer is more sought post, that too in one of the largest Insurance companies in India. The zone-wise LIC ADO 2022 notification will be released soon. This will be a great opportunity for lakhs of aspirants. The basic pay includes around Rs 21,865/- per month, excluding other allowances and perks. So, in this article, we are providing the LIC ADO Salary 2022 – Check Out Salary Structure. Given below, we are sharing the details of the LIC ADO salary including the details of the LIC ADO pay slip, LIC ADO salary structure and also the specifications of the LIC ADO salary in hand.
LIC ADO 2022 Salary Structure
The total emoluments at the minimum of the pay scale, including the House Rent Allowance, HRA, and City Compensatory Allowance wherever admissible depending upon the classification of the city, will be approximately Rs. 37,345/- in ‘A-Class City. INR 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 will be given to LIC ADO. The basic pay for being appointed as an Apprentice Development Officer will be 21,865/- per month (excluding the Employee Category Candidates). For the next two years, an annual increase of 1340/- will be provided. The essential pay for applicants with two years of experience will be 24545/-. After that, there will be a 1580/- annual increase for the next two years. At the end of two years, the essential pay will be 27705/-. Further, there will be a 1610/- annual increase for the next 17 years. The essential pay will be 55075/- when you reach above 17 years.
LIC ADO Salary 2022
|Increment- (after fixed years)||Rs 55,075/-|
|Dearness Allowance||40% of the basic pay (Based on the Inflation rate)|
|House Rent Allowance||7%-9% of the basic pay (Location dependent)|
|City Compensatory Allowance||0% – 4% of the basic pay (Location dependent)|
LIC ADO 2022 Inhand Salary
Apprentice Development Officer will be paid a fixed amount as a stipend per month as per the rules of the Corporation. An Apprentice Development Officer other than an Employee Apprentice shall be paid equal to the minimum of the basic pay and the dearness allowance thereon on the scale of pay applicable to Development Officers as on the date of commencement of the apprenticeship. At present, the amount of stipend is about Rs.34,503/- per month, except in the case of candidates selected from the LIC Employees category. A Probationary Development Officer at a specified headquarters in the area will be placed on the scale of Rs. 21865 1340(2)-24545-1580(2)-27705-1610(17)-55075 plus allowances and other benefits as per rules in force.
LIC ADO 2022 Salary Slip
The basic pay of Rs. 21,865/- per month (except for Employee Category candidates) on the scale of 21865 1340(2)-24545-1580(2)-27705-1610(17)- 55075 and other admissible allowances as per rules shall be payable. Total emoluments at the minimum of the scale, inclusive of House Rent Allowance and City Compensatory Allowance wherever admissible depending upon the classification of the city, will be approximately Rs. 37,345/- in ‘A’ Class City. Other benefits include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit, Group Insurance, Group Personal Accident Insurance, vehicle advance (2-wheeler/4-wheeler), reimbursement towards the cost of Brief Case/leather bag, mobile handset, the supply of dailies as per rules and on confirmation in service, attractive performance-linked Incentives.
LIC ADO 2022 Allowances
There are a lot of allowances available for the people of the Life Insurance Corporation and you will be eligible to get medical benefits and house allowances. You will also be provided various compensation for your help. You will be provided gratuity and also group insurance services if you are joining the Life Insurance Corporation. Given below, we are sharing the list of benefits that will be available to you if you are planning to get a job in this organisation. The LIC ADO post is eligible to enjoy some other incentives and perks. Let us check more about that.
- Dearness Allowances (DA) – The DA is revised quarterly based on the Consumer Price Index. 40% of the entire salary is DA for LIC ADO employees.
- House Rent Allowances (HRA) – The HRA depends on the location of the posting. LIC ADO HRA is approved in the range of 9%, 8%, or 7% of the LIC AAO Basic Pay as per the type of city.
- City Compensatory Allowances – CCA depends on the location of posting and can be 4%, 3%, or 2% of the LIC AAO Basic Pay.
Apart from these, some other benefits are also included, like:-
- Defined Contributory Pension Scheme
- Medical Benefit
- Mobile Handset
- Group Insurance
- Group Personal Accident Insurance
- Vehicle Advance (2-wheeler/4-wheeler)
- Supply of Dailies as per Rules and on Confirmation in Service
- Attractive Performance Linked Incentives
- Reimbursement Towards the Cost of Brief Case/leather bag
LIC ADO 2022 Promotions
There are a lot of promotions available inside the Life Insurance Corporation and all of the people will be able to get their promotions after they have exceeded the experience presented by the concerned authorities of the Life Insurance Corporation. You can apply for the promotions and give the entrance examination in order to be promoted in this organisation. Given below, we are sharing the cycles of promotions available to each and every employee of the Life Insurance Corporation. Make sure that you keep an eye out for the promotions available inside this organisation in order to be sure.
- Senior Divisional Manager
- Assistant Divisional Officer
- Apprentice Development Officer
- Regional Manager
- Divisional Officer
- Assistant Branch Officer
- Branch Officer
- Development Officer
- Probationary Development officer
- Senior Branch Officer
So, all these are about the LIC ADO Salary Structure 2022 details. Hope this article was informative. Visit Entri for more related articles. Get the latest LIC exam updates and also subscribe to Entri to practice more mock tests and previous year question papers of LIC ADO examinations on Entri.