The LIC ADO salary 2024 has been announced through an official notification on the website of Life Insurance Corporation. The aspirants who will be selected will get an entitlement to a monthly salary which will range INR 21,865 as the basic pay which will include certain allowances. Moreover, the salary structure will also include various perks and allowances such as dearness allowance, House Rent Allowance and Travel Allowance etc. The article also highlights various job duties which the Patwaris will have to perform diligently. Examine the specifics of LIC ADO wages, including benefits, allowances, and remuneration related to various posting locations. Continue Reading the article for more.
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LIC ADO Salary Structure Overview | |
Basic Pay | Rs.21,865/- |
Pay scale | 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 |
Dearness Allowance (DA) | 40% of the basic pay(based on the Inflation rate) |
House Rent Allowance (HRA) | 7%-9% of the basic pay(Location dependent) |
City Compensatory Allowance | 0% – 4% of the basic pay (Location dependent) |
In-hand Salary | Rs. 34,503/- to Rs. 37,000/- |
LIC ADO Inhand Salary 2024
The candidates selected for the post can expect an entitlement to a monthly salary. The table below shows the salary structure of LIC ADO as per the 7th pay commission. The LIC ADO Salary is based on the pay scale of 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075. The basic pay scale of LIC ADO is given below:
Post | Year | Pay Scale | Salary (In-hand) |
Apprentice Development Officer | – | On appointment | ₹ 21,865 |
After 2 years | 1340*2 | ₹ 24,545 | |
Next 2 years | 1580*2 | ₹ 27,705 | |
For the next 17 years | 1610*17 | ₹ 55,075 |
LIC ADO Allowances
A LIC Apprentice Development Officer position comes with a lot of advantages, much like any other government post. There are certain benefits such as housing allowances, dearness allowances, pensions, etc which come with the Patwari’s Salary that are the entitlements to compensate the package for employees. Read below to know more about it.
Allowance Type | Details |
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 Job Responsibilities
The candidates who will be appointed as Apprentice Development Officers will have to go through a probationary period of 1 year. These authorities may extend the probationary period while supervising the performance of the appointed candidate. The officers will be responsible for performing some duties. These are as follows:
- ADO is basically a sales administration job
- Recruit suitable candidates for LIC agents
- Required to train appointed LIC agents
- Analyze the performance of each agent
- Motivating to sell maximum LIC policies
- Assigning target quota
- Maintaining the integrity of sales as a whole
- Need to work in both Rural and Urban areas
LIC ADO Job Growth 2024
The aspirants who will gain notable experience as an Apprentice Development Officer will get opportunities to switch to higher positions. The Apprentice Development Officer will get a chance to reach the post of Regional Manager. The hierarchy of Career growth and promotion of Apprentice Development Officers (ADO) in the LIC has multiple career advancement opportunities. You can check the posts below:
1. Apprentice Development Officer
2. Probationary Development Officer
3. Development Officer
4. Assistant Branch Officer
5. Branch Officer
6. Senior Branch Officer
7. Assistant Divisional Officer
8. Divisional Officer
9. Senior Divisional Manager
10. Regional Manager
Check here for more information-
Exam Related Links- | |
LIC ADO Recruitment | LIC ADO Cut Off |
LIC ADO Syllabus | LIC AAO Admit Card |
LIC ADO Eligibility | LIC AAO SALARY |
LIC ADO Admit Card | LIC AAO Cut Off |
LIC ADO Salary | LIC AAO Eligibility |
Hopefully, this information was useful for all the aspiring candidates preparing for the government exams. Check DailyExamNews to stay informed about the latest recruitments, tests, vacancies, and developments regarding government exams.