LIC ADO Salary 2023 - LIC ADO Salary in Hand, Salary Slip, Perks

LIC ADO Salary 2023 - LIC ADO Salary in Hand, Salary Slip, Perks

ByKanika Ralhan  |  Updated on: Jul 19, 2023
The LIC ADO Salary in hand is ₹ 21,865/-. The pay scale of a LIC ADO is 21865- 340(2)-24545-1580(2)-27705-1610(17)-55075. Check here the detailed LIC ADO Salary 2023.

LIC ADO Salary 2023: The basic pay, grade pay, and numerous allowances and benefits are a part of the LIC ADO Salary structure. The basic pay for LIC ADO ranges from ₹ 21,865 to ₹ 55,075 per month, depending on the location of the posting. Candidates must be well acquainted with the LIC ADO salary and job profile as it motivates candidates to prepare well for the examination.

In addition to the LIC ADO salary, candidates also have the opportunity to earn performance-based incentives and bonuses based on their performance and sales targets. The insurance sector has recently been gaining popularity among government job aspirants as it provides much better and more comfortable working conditions with a five-day workweek and many other similar facilities for its employees. Therefore, applicants should be well-versed with all essential details, including the LIC ADO salary and other important pertinent.

LIC ADO Salary 2023

The initial work profile of LIC ADO is marked by the Apprentice period, followed by the probation, where they are designated as the Probationary Development Officer. The LIC ADO Salary 2023 is a fixed stipend during the Apprenticeship, which is increased per a set salary scale once they start work as Probationary Officers.

Once the Apprentice period is completed, a LIC ADO is required to serve a probationary period of 1 year. The performance during this period is a major parameter through which a candidate’s credibility is decided. Under certain negative circumstances, such as the candidate not performing as per the organization's expectations, this probation period can be extended up to 2 years. A Probationary Development Officer is entitled to a fixed payment based on the LIC ADO salary scale as the authorities decide.

  • On appointment as a Probationary Development Officer, basic pay of ₹ 21,865/- per month (except for Employee Category candidates) on the scale of 21865- 340(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, including House Rent Allowance & City Compensatory Allowance, wherever admissible depending upon the city's classification will be approximately ₹37,345/- in ‘A’ Class City.
  • Other benefits include Gratuity, Defined Contributory Pension Scheme, Leave Travel Concession (LTC), Medical benefits, 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 Salary Structure

All the candidates waiting for the recruitment notification need to be fully aware of the LIC ADO salary per month that they will receive in the future, along with other perks, allowances, and benefits. Candidates need good clarity over their prospects and know where they will stand in a few more years concerning their LIC ADO salary, job profile, financial growth, and promotion.

The LIC ADO job profile is primarily a sales administration one and requires working in both urban and rural settings. ADOs are expected to be on the go and travel to several places for their job. It can be considered a challenging job, but it can be fairly said that the LIC ADO salary and work profile are justified enough.

LIC ADO Salary During Apprentice Period

During the Apprentice period, the LIC ADO salary is paid based on a fixed amount as a monthly stipend per the Corporation's rules. An Apprentice Development Officer other than an Employee Apprentice shall be paid equal to the minimum of the basic pay and the dearness allowance on the LIC ADO salary scale applicable to Development Officers on the dates of commencement of the apprenticeship.

  • The stipend amount during the Apprentice period is about ₹ 34,503/- per month, except for candidates selected from the LIC Employees category.
  • A Probationary Development Officer at a specified Headquarter in the area will be placed on the scale of ₹ 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 plus allowances and other benefits as per rules in force.

LIC ADO Salary After 5 Years

The LIC ADO Salary after 5 years can vary based on several factors, including promotions and performance-based increments. The LIC ADO salary structure for these positions is higher compared to LIC ADO. However, the specific salary after 5 years will depend on the position attained and the respective pay scales.

After five years, the LIC ADO salary will be around 42,645/-. In addition to the basic pay, LIC employees, including ADOs, also receive various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), and Transport Allowance (TA). These allowances contribute to the overall salary package.

LIC ADO Perks and Allowances

The LIC ADO salary per month can be bifurcated into a few parts: basic pay, other allowances, benefits, and other similar facilities. Total emoluments at the minimum of the scale, including House Rent Allowance & City Compensatory Allowance, wherever admissible depending upon the city's classification will be approximately ₹37,345/- in ‘A’ Class City.

Apart from the LIC ADO salary, a candidate is also entitled to several other benefits as follows:

  • Gratuity
  • Defined Contributory Pension Scheme
  • LTC, Medical Benefits
  • Group Insurance, Group Personal Accident Insurance
  • Vehicle advance (2-wheeler/4-wheeler)
  • Reimbursement towards the cost of Brief Case/leather bag and mobile handset.
  • Supply of dailies as per rules and on confirmation in service, attractive performance-linked Incentives.

LIC ADO Job Profile

LIC ADO job profile can be considered a dynamic one as it includes a variety of tasks to be performed. The work of an ADO is mainly a sales administration job. The candidate selected as an Assistant Development Officer will be obligated to appoint some people as Life Insurance Agents and provide them with proper training to sell life insurance to the maximum number of persons.

LIC ADOs are supposed to deliver after-sales services to their policyholders. To provide such service, ADOs must travel to places other than the area allotted to them. A LIC ADO is expected to work in urban and rural areas both. Looking at the dynamic nature of the job, we can say the LIC ADO salary is justified enough.

LIC ADO Roles and Responsibilities

During LIC ADO's training period, the person has to understand the current LIC policies and areas where they can get sales easily. After the completion of training, the ADO will be assigned a set of tasks and duties. ADOs have to manage all the recruited agents & the acquisition of sales. The increment or bonus to be added to the LIC ADO salary depends on the sales and business they cater to. The roles and responsibility of a LIC ADO includes the following-

  • Selling or marketing LIC policies to the allocated area
  • Providing training to the recruited agents
  • Analyzing the overall performance of each agent
  • Finding out agents' marketing capabilities and shortcomings.
  • Motivating agents to procure maximum sales in a given period.
  • Assigning a target quota to agents
  • Maintaining overall integrity in sales

LIC ADO Apprenticeship Period

An Apprentice Development Officer will have to undergo Theoretical & Field Sales Training. The period of apprenticeship shall commence from the date of commencement of the training.

LIC ADO Probation Period

An Apprentice Development Officer, who completes the apprenticeship and, in the opinion of the Recruiting Authority, is otherwise suitable for appointment to the service of the Corporation may be appointed as a Development Officer and placed on probation. The probation period shall be for one year, which may be extended to two years.

LIC ADO Career Growth and Promotion

The LIC ADO job profile is extremely challenging and dynamic. An Assistant Development Officer is expected to perform numerous duties and responsibilities; if performed per expectations, they can be rewarded well with several perks and benefits. A newly selected candidate for the position of ADO starts with the Apprenticeship period followed by a Probation period of 1- 2 years. The LIC ADO salary is fixed & certain throughout this period.

Once appointed permanently after completing the probationary period, LIC offers various growth opportunities in the LIC ADO job profile. One can efficiently move up the ladder of growth through various promotion stages as given below:

  • Apprentice Development Officer
  • Probationary Development Officer
  • Development Officer
  • Assistant Branch Manager (ABM)
  • Branch Manager (BM)
  • Senior Branch Manager (SBM)
  • Assistant Divisional Manager (ADM)
  • Divisional Manager
  • Senior Divisional Manager
  • Regional Manager

Note: If candidates put in a magnificent effort, they can reach the level of a Branch Manager in 15 years. After the Assistant Branch Manager (ABM) post, LIC AAO and LIC ADO will conclude and merge into the same level.

FAQs on LIC ADO Salary

  • The LIC ADO salary while on probation is ₹ 21,865/- per month (except for Employee Category Candidates). Apart from that, they are also eligible for other perks and allowances. Once the probation period is over the salary increment is done on a scale of  21865- 340(2)-24545-1580(2)-27705-1610(17)-55075

  • The LIC ADO work is mainly a sales administration job. The candidate selected as an ADO will be obligated to appoint some people as Life Insurance Agents and provide them with proper training to sell life insurance to the maximum number of persons. ADOs are supposed to deliver after-sales services to their policyholders.

  • Yes, once a candidate completes their probation of 1 year (2 years in some cases), they are considered a permanent employee in LIC as an Apprentice Development Officer.

  • The significant LIC ADO perks and allowances are House Rent Allowance, City Compensatory Allowance, Dearness Allowance, other medical benefits, etc. Candidates also receive few other benefits apart from allowances. The allowances vary for different cities as the living cost differs for different places.

  • Yes. As a LIC ADO, one will be required to travel to various places apart from the region/area originally allotted to provide after-sales services to the policyholders.

  • The salary of a LIC ADO is based on a basic pay scale of 21865- 340(2)-24545-1580(2)-27705-1610(17)-55075. An ADO is also entitled to various other benefits besides the salary.

  • In addition to the basic pay, LIC ADO receives various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), and Transport Allowance (TA). The allowances may vary based on the city of posting.

  • After 5 years, LIC ADOs have the opportunity to get promoted to the post of Development Officer (DO) or Assistant Administrative Officer (AAO) based on their performance and clearing any required examinations. The LIC ADO Salary after 5 years will be approximately ₹42,645/-

PO, Clerk, SO, Insurance

BankingIBPS POIBPS ClerkSBI POIBPS SOSBI ClerkRBIIDBI SOIBPS RRBLIC