LIC ADO 2023 Salary

LIC ADO 2023 Salary

During apprentice, candidates selected as LIC ADO are paid a fixed amount as stipend on monthly basis as per the rules of the Corporation.

• At present, the amount of stipend will be approximately ₹.51500/- per month, except in case of the candidates selected from LIC Employee Category.
• A Probationary Development Officer at a specified Headquarter in the area will be placed in the scale of ₹35,650-2200(2)-40,050-2595(2)-45,240-2645(17)-90,205 plus allowances and other benefits as per the rules in force.
• On appointment as a Probationary Development Officer, the basic pay of ₹ 35650/- per month (except for LIC Employee Category candidates) in the scale of 35650-2200(2)-40050-2595(2)-45240-2645 (17)-90205 and 3 other admissible allowances as per rules shall be payable.
• Total emoluments at the minimum of the scale will be inclusive of House Rent Allowance & City Compensatory Allowance, wherever admissible depending upon the classification of city. It will be approximately ₹ 56000/- in an ‘A' Class City.

Other special allowances included in the pay scale of LIC ADO 2023 are:

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