LIC ADO Salary and Special Allowances
LIC ADO 2019 – Stipend, Salary and Special Allowances. Life Insurance Corporation of India (LIC) has released notification for LIC ADO Recruitment 2019 inviting online applications from eligible candidates who must be Indian Citizens for selection and appointment as Apprentice Development Officer (ADO) under various Zones. A total of 8581 vacancies have been announced. It’s a huge opportunity for those who want to make their career in Insurance Sector. LIC ADO 2019 online application process will start from 20th May 2019 and the Online Preliminary exam is scheduled to be held on 6th & 13th July 2019, while the LIC ADO Mains exam will be held on 10th August 2019.
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LIC ADO Recruitment 2019 : Stipend & Salary
During the apprentice period, the candidate selected as Apprentice Development Officer will be paid a fixed amount as stipend per month as per rules of the Corporation. An Apprentice Development Officer other than an Employee Apprentice shall be paid equal to the minimum of the basic pay and the dearness allowance thereon on the scale of pay applicable to Development Officers as on the date of commencement of the apprenticeship. At present the amount of stipend is about ₹.34,503/- per month, except in case of candidates selected from LIC Employees category.
A Probationary Development Officer at a specified Headquarter in the area will be placed in the scale of ₹ 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 plus allowances and other benefits as per rules in force.
On appointment as a Probationary Development Officer, basic pay of ₹ 21,865/- per month (except for Employee Category candidates) in the scale of 21865-1340(2)-24545-1580(2)-27705-1610(17)- 55075 and other admissible allowances as per rules shall be payable.
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Special Allowances:
Total emoluments at the minimum of the scale, inclusive of House Rent Allowance & City Compensatory Allowance wherever admissible depending upon the classification of city, will be approximately ₹37,345/- in ‘A’ Class City. Other benefits include Gratuity, Defined Contributory Pension Scheme, LTC, Medical Benefit, Group Insurance, Group Personal Accident Insurance, vehicle advance (2-wheeler/4-wheeler), reimbursement towards cost of Brief Case/leather bag, mobile handset, supply of dailies as per rules and on confirmation in service, attractive performance linked Incentives.
LIC ADO Mock Test Series
To help you all not just cover the entire syllabus but also practice it effectively and efficiently, here we bring you all the LIC ADO Mock Test Series. The LIC ADO Online Practice sets will help you practice not just full mocks but also attempt individual Topic Tests and Sectional Tests, watch concept videos, etc. to make sure you have mastered them all. Let’s check what all it offers:
- 20 Mocks for LIC ADO 2019 Prelims
- 10 Mocks for LIC ADO 2019 Mains
- AllTopic Tests
- Sectional Tests
- GK Supplement with2500 questions
- Video Crash course –200+ Videos
- Lessons on All Topics
Note:
- Mock Tests are available inHINDI and ENGLISH both
- Tests can be taken onMobile App or PC
All the Best!
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