Entri Blog
No Result
View All Result
Thursday, March 23, 2023
  • State PSC
    • Kerala PSC
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Govt Exams
    • Railway
    • SSC
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • TET
    • APTET
    • CTET
    • DSSSB
    • Karnataka TET
    • Kerala TET
    • KVS
    • MPTET
    • SUPER TET
    • TNTET
    • TSTET
    • UPTET
  • Courses
    • Data Science Course
      • Data Science Malayalam
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
  • Others
    • GATE
    • MAT
    • KMAT
Free English Quiz: Try Now!
Entri Blog
  • State PSC
    • Kerala PSC
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Govt Exams
    • Railway
    • SSC
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • TET
    • APTET
    • CTET
    • DSSSB
    • Karnataka TET
    • Kerala TET
    • KVS
    • MPTET
    • SUPER TET
    • TNTET
    • TSTET
    • UPTET
  • Courses
    • Data Science Course
      • Data Science Malayalam
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
  • Others
    • GATE
    • MAT
    • KMAT
No Result
View All Result
Entri Blog
English Quiz
banner top article banner top article
Home Articles

SBI Clerk vs LIC Assistant: A Detailed Analysis

by Susan Jacob
December 19, 2019
in Articles, Banking, SBI Clerk
SBI clerk Vs LIC Assistant
Share on FacebookShare on WhatsAppShare on Telegram

Table of Contents

  • SBI vs LIC: Knowing the Organisation
  • SBI Clerk vs LIC Assistant: Responsibilities
  • SBI Clerk vs LIC Assistant: Salary

In our comparative analysis series, we are here with a comparative analysis on SBI Clerk vs LIC Assistant. According to the official notification, around 8000 LIC Assistant vacancies are available across India while the SBI is expected to fill 8,904 posts in clerical cadre in the organisation through the last recruitment drive. Here is an attempt of a detailed comparative analysis of SBI Clerk vs LIC Assistant in terms of their job profile, responsibilities, salary and career growth.
Download Entri today to gain entry into the professional world of your dreams!

SBI_TEST_970_by_252_banner

SBI vs LIC: Knowing the Organisation

It is essential that one understands the organisation that one seeks employment to, inorder to make a sound career decision.

LIC( Life Insurance Corporation)

LIC is a public sector undertaking under the Government of India. An opportunity to work with LIC is no less than a lavish government job. The job profile comes with a lot of perks including secured job & future, good salary & allowances, and great promotions.

LIC Assistant is an entry-level position. However, after appointment, with experience of working or their daily schedules, the employee will get huge opportunities to prove the work qualities that can provide a promotion to them and can also help them to reach the senior post.

SBI(The State Bank of India)

It is one of the most reputed banking organisation in the banking sector. SBI Clerk Main is considered to be one of the toughest banking exam to crack. SBI Clerk Main Examination was conducted on 10th of August for the year 2019 and the SBI Clerk Mains Result 2019 announced on Oct 30th 2019.

SBI Clerk vs LIC Assistant: Responsibilities

LIC Assistant Job Profile

A LIC assistant is supposed to do all the roles of a clerical staff like,
• Cashier
• Single window operator
• Customer service executive etc
• They will have to manage cash counters, processing and approving of the files as asked by the assistant manager
• Back office work
• Account related work
• Take care of customer grievances
• Reviewing of insurance documents
• Management of all the documents like sales documents, documents related to policies, claims, settlements, accounts etc
• Manage online and offline transactions

SBI Clerk Job Profile

Clerks/Junior Associate is required to assist customers and potential customers through various banking processes. They need to be highly confident and answer every query. They are involved in

1. Document Verification
2. Managing Single Window Counter
3. Attending to Government Treasury Work
4. Update Pass Books
5. Issue Cash Receipts at Counters
6. Clearing and Transferring Cheques and Receipts as per request
7. Verification of Vernacular Signatures

SBI Clerk vs LIC Assistant: Salary

LIC Assistant Salary

Basic pay of  a LIC Assistant is Rs. 14435/- per month in the scale of Rs. 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195(2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080 and other admissible allowances as per rules. Initial Basic Pay – Rs 14435 with a yearly increment of Rs 840 for 1 year

Other allowances

  1. Graduation Increment
  2. House Rent Allowance & City Compensatory Allowance
  3. Defined Contributory Pension
  4. Gratuity
  5. LTC
  6. Cash Medical Benefit
  7. Group Medi-claim
  8. Group Personal Accident Insurance
  9. Group Insurance
  10. Vehicle Loan (2-wheeler) as per rules

SBI Clerk salary

The SBI Clerk salary pay scale will be 11765-655/3-13730-815/3-16175-980/4-20095-1145/7-28110- 2120/1- 30230-1310/1-31450. This means an SBI Clerk (Junior Associate) will have a starting salary of Rs. 11,765/- with an annual increment of Rs 655/-.

SBI_TEST_970_by_252_bannerDownload Entri today to gain entry into the professional world of your dreams!

SBI Clerk salary vs LIC Assistant: Comparative Analysis

SBI Clerk

  • Bank Clerk Job offers a stable and secure government job
  • The newly appointed Junior Associates will be on probation for a minimum period of 6 months
  • Growth rate could be very fast depending upon the performance of the employee
  • The transfer policy is also quite relaxed
  • Various medical and loan benefits
  • Allows candidates to enjoy annual holidays

LIC Assistant

A LIC Assistant has to undergo training for a period of six months from the date of joining which can be extended up to one year. After the training, he will also have to complete a minimum of three years at the assigned places and no request for any change/transfer will be entertained. The promotions for a LIC assistant are time based. The employees are promoted based on their performance and years of experience.

 

The two core parts of the finance sector in the country, banking and insurance have now become a dream job platform for many of the government job aspirants. Each one has its pros and cons, so diligently decide what are your priorities are and decide to go for that job. But the choice is yours, and yours alone to make!

Whatever it is, Entri is with you every step you take. With the latest exam updates, loads of information, mock tests and other preparation material, you will be ready to ace any exam!

SBI_TEST_970_by_252_bannerDownload Entri today to gain entry into the professional world of your dreams!

 

Share100SendShare
Susan Jacob

Susan Jacob

Related Posts

Top 100 Angular Interview Questions and Answers 2023
Articles

Top 100 Angular Interview Questions and Answers 2023

March 23, 2023
Top 100 SQL query Interview Questions and Answers for 2023
Articles

Top 100 SQL query Interview Questions and Answers for 2023

March 23, 2023
Indian Air Force Agniveer Vayu Selection Process 2023: Details Here
Articles

Indian Air Force Agniveer Vayu Selection Process 2023: Details Here

March 23, 2023
Next Post
SBI Clerk Question Papers 2022 - SBI Previous Papers

SBI Clerk Question Papers 2022 - SBI Previous Papers

Discussion about this post

Latest Posts

  • Top 100 Angular Interview Questions and Answers 2023
  • Top 100 SQL query Interview Questions and Answers for 2023
  • Indian Air Force Agniveer Vayu Selection Process 2023: Details Here
  • How to Write a Speech – Format
  • Auxiliary Verbs: Usage and Examples

Trending Posts

  • states of india and their capitals and languages

    List of 28 States of India and their Capitals and Languages 2023 – PDF Download

    150261 shares
    Share 60102 Tweet 37564
  • List of Government Banks in India 2023: All you need to know

    61860 shares
    Share 24744 Tweet 15465
  • TNPSC Group 2 Posts and Salary Details 2022

    39693 shares
    Share 15877 Tweet 9923
  • KSDA Recruitment 2023 Apply Online for 9264 FDA SDA Posts – Qualification

    2076 shares
    Share 830 Tweet 519
  • New Map of India with States and Capitals 2023

    28793 shares
    Share 11517 Tweet 7198

Courses

  • Data Science Course
  • Full Stack Developer Course
  • Data Science Course in Malayalam
  • Full Stack Developer Course in Malayalam
  • Full Stack Developer Course in Hindi
  • Full Stack Developer Course in Tamil
  • Full Stack Developer Course in Telugu
  • Full Stack Developer Course in Kannada

Company

  • Become a teacher
  • Login to Entri Web

Quick Links

  • Articles
  • Videos
  • Entri Daily Quiz Practice
  • Current Affairs & GK
  • News Capsule – eBook
  • Preparation Tips
  • Kerala PSC Gold
  • Entri Skilling

Popular Exam

  • IBPS Exam
  • SBI Exam
  • Railway RRB Exam
  • Kerala PSC
  • Tamil Nadu PSC
  • Telangana PSC
  • Andhra Pradesh PSC
  • MPPSC
  • UPPSC
  • Karnataka PSC
  • Staff Selection Commission Exam

© 2021 Entri.app - Privacy Policy | Terms of Service

No Result
View All Result
  • State PSC
    • Kerala PSC
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Govt Exams
    • Railway
    • SSC
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • TET
    • APTET
    • CTET
    • DSSSB
    • Karnataka TET
    • Kerala TET
    • KVS
    • MPTET
    • SUPER TET
    • TNTET
    • TSTET
    • UPTET
  • Courses
    • Data Science Course
      • Data Science Malayalam
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
  • Others
    • GATE
    • MAT
    • KMAT

© 2021 Entri.app - Privacy Policy | Terms of Service