Avision is One of the Best LIC ADO Online Coaching Centre in India

An LIC ADO starts his/her work profile with the Apprentice period, followed by the probation, where they are designated as the Probationary Development Officer. They receive their LIC ADO Salary 2024 as a fixed stipend during the Apprenticeship. It is then  increased according to the salary scale once they start work as Probationary Officers.

After completion of the Apprentice period, a LIC ADO is required to serve a probationary period of 1 year, this performance is a major parameter by which their credibility is decided. If by any chance the candidates fail to perform according to the organization's expectations, this probation period can be extended up to 2 years. As a Probationary Development Officer, they will be entitled to a fixed payment based on the LIC ADO salary scale as the authorities decide.

●      After getting 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 approximate ₹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.

Aspirants waiting for the recruitment notification of LIC ADO should know the LIC ADO salary per month, along with other perks, allowances, and benefits. They should also clear their concepts concerning their salary, job profile, financial growth, and promotion.

The job profile of a LIC ADO is primarily a sales administration one and requires working in both urban and rural settings. They must be on the go and travel to several places for their job. 

The LIC ADO salary during the Apprentice period, is a fixed amount,  a monthly stipend per the Corporation's rules. An Apprentice Development Officer other than an Employee Apprentice will be paid equal to the minimum of the basic pay and the dearness allowance on the LIC ADO salary scale as will be 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.

The LIC ADO salary per month is divided 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 is dependent upon the city's classification will be approximate ₹37,345/- in ‘A’ Class City.

Apart from these, a LIC ADO 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 is a dynamic one since it includes a variety of tasks to be performed. The profile of an ADO is mainly a sales administration job. They will be obligated to appoint some people as Life Insurance Agents and properly train them to sell life insurance to the maximum number of persons.

Since ADOs deliver after-sales services to their policyholders, they must travel to places other than the area/s allotted to them and have to work in urban and rural areas both.

An LIC ADO learns about the current LIC policies and areas where they can get sales easily during the training period; after which, they will be assigned a set of tasks and duties. They must read about the other major tasks and responsibilities they are required to perform:

●      Employ agents for 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

As an Apprentice Development Officer , they will have to undergo Theoretical & Field Sales Training. The period of apprenticeship will begin the date of commencement of the training.

An Apprentice Development Officer after completion of the apprenticeship and, in the opinion of the Recruiting Authority, is suitable for appointment to the service of the Corporation may be appointed as a Development Officer and placed on probation. The probation period is one year, extendable till two years.

The LIC ADO job profile is extremely challenging and dynamic and must perform numerous duties and responsibilities; if performed per expectations, they can be rewarded well with several perks and benefits. They can efficiently move up the career ladder 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

Q. What is the LIC ADO salary?

Ans. 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

Q. What is the LIC ADO job profile?

Ans. 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.

Q. Is LIC ADO a permanent job?

Ans. 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.

Q. What are the LIC ADO perks and allowances?

Ans. 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.

Q. Does the job of a LIC ADO require a lot of traveling?

Ans. 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.

Q. What is the LIC ADO salary scale?

Ans. 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.