One of India’s most prominent insurance businesses is Life Insurance Corporation. Many hopefuls dream of getting a position in the organisation. In the current phase, the LIC Apprentice Development Officer or Development Officer position is in high demand.
The LIC Development Officer salary’s basic pay is Rs 21,865/- per month. Along with the basic income, the salary structure includes several valuable allowances and bonuses.
The LIC ADO compensation structure is described in this article, together with information on allowances, incentives, and other benefits. Candidates can go to the insurance exams page for further information on various tests offered in the insurance industry. Other government tests offer a rewarding profession, title, and compensation.
LIC Development Officer Salary
One of the main reasons why many people want to work in the insurance industry is the LIC ADO Salary in India. The following are the salary data for the LIC ADO:
| LIC ADO Salary 2022 | |
| Pay scale | 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075 |
| Basic Pay | Rs.21,865/-
After Increment- Rs 55,075/- |
| Allowances |
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LIC Development Officer Benefits
The other benefits and allowances along with the LIC Development Officer Salary are given below:
#Leave Travel Concession (LTC)
#Special Allowance
#Gratuity
#Contributory Pension
#Cash Medical Benefit
#Accident Insurance
#Loan for Personal Vehicles, etc.
#Vehicle Advance (2-wheeler/4-wheeler)
#Reimbursement Towards the Cost of Brief Case/leather bag
#Incentives
How Much Does a LIC Development Officer Make?
#Apprenticeship Period
During the Apprenticeship Period, candidates would be awarded a stipend of Rs. 34,503/- per month.
#Probation Period
Candidates must complete a one-year probationary period after completing the Apprentice Period. After the Probation term is over, the salary structure will be the same as the pay scale listed above.
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Responsibilities
A LIC ADO’s job is to keep track of and complete all sales-related duties. The following are the operations that a LIC ADO must perform:
#Complete all sales-related responsibilities.
#Reach the greatest number of individuals possible and meet all of your sales goals.
LIC ADO Eligibility
To be considered for the position of Apprentice Development Officer, candidates must meet certain requirements. The following are the LIC ADO eligibility criteria:
Aspirants should not be under the age of 21 and should not be over the age of 30.
Required experience: The following are the experience criteria for the position of LIC ADO:
| Category | LIC ADO recruitment (urban) | LIC ADO recruitment (rural) |
| LIC Employee | Experience required | |
| Minimum 3 years of service or experience in Grade III post | ||
| LIC Agent | Minimum experience or period of 5 years as an agent or as an FSE/DSE | Minimum experience or period of 4 years as an agent or as an FSE/DSE |
| Others | Preference would be given to aspirants having a minimum of 2 years of experience or period in LIC industry. | |
Age Relaxation
| Category | Upper Age Limit | |
| General | Open market category | 30 |
| Employee only | 42 | |
| Agent | 40 | |
| OBC | Open market category | 33 |
| Employee only | 45 | |
| Agent | 43 | |
| SC/ST | Open market category | 35 |
| Employee only | 47 | |
| Agent | 45 | |
LIC ADO Exam Dates
The original exam date for the Apprentice Development Officers Mains exam was August 11, 2019, but the bank announced in an official statement that the exam date has been changed to September 22, 2019.
For further information, candidates can look at the prior year’s Bank ADO test notice. This will assist and help you in determining the exam’s difficulty level, its stages and the types of questions that will be asked. The ADO application procedure began on May 20, 2019. The results of the Prelims Examination, which took place on July 6 and 13, 2019, were published on the LIC official website.
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Exam Dates
According to 2019 announcements, the ADO Mains Examination was originally planned for August 11th in all centres but has now been rescheduled until September 22, 2019.
The Bank ADO application procedure began on May 20, 2019. The results of the Prelims Examinations held on July 6th and 13th, 2019 have been published on the LIC official website. The tentative schedule for the Bank ADO exam in 2022 is as follows:
| ADO Exam 2022 | |
| Events | Exam Dates |
| Online Application | May 2022 |
| Preliminary Exam | July 2022 |
| Mains Exam | August 2022 |
| Final Result | September/October 2022 |
Selection Process
The Bank ADO examination is used to hire candidates for the position of Apprentice Development Officer. The exam is administered by the bank, and the selection procedure is divided into three stages:
#Written Test/Online Test: This is a two-phase computer-based online test.
#Phase -I: Preliminary Examination
#Phase -II: Mains Examination
#Personal Interview
#Medical Test
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Preparation
The Apprentice Development Officer course is extensive, and because the exam is not held every year, candidates must prepare thoroughly.
The greatest Bank ADO preparation tips are listed below:
#Analyze the syllabus and exam pattern thoroughly before putting together a timetable.
#To increase overall scores, enough time must be allocated to each subject’s preparation.
#Another significant suggestion for those studying for the Bank ADO exam is to take mock examinations and practise papers.
#The best technique for understanding the standard of question paper and the kind of questions asked in the Bank ADO test is to look at previous year’s question papers.
#Aspirants should also look at the prior year’s cut-off marks to get an idea of what they’ll need to pass.
Conclusion
All of the website’s blogs and articles are designed to provide the most up-to-date information to bank applicants. Experts conduct extensive research and analysis before writing the articles. Candidates can use these educational publications to help them prepare for their exams.
On the website, you may meet experts and specialists in this industry who can help you go in the proper direction to pursue your passion. With the right knowledge, facts, and information, you may convert your dreams into reality.
So, if you want to achieve your life goals, you should go to our website and chart a course for success. To ask questions or share your journey, leave a comment below in the area provided.
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