Quick Answer: What Is LIC Assistant Salary?

Is LIC assistant a transferable job?

LIC Assistant – Career Growth and Promotions LIC Assistant are also transferred from one department to other internally depending upon the requirements as well as the interest of the employees.

LIC Assitant conducts departmental tests for the promotion to higher posts..

Is LIC assistant central government job?

So, a job at LIC AAO will imply working for a public sector undertaking whose complete stake is with the central government as of now. So, the answer is, it’s a government in the sense that the entity is owned by the government.

Is LIC Assistant good job?

LIC Assistant also enjoys other perks besides the salary including the admissible allowances, House Rent Allowance, Travel Allowance and Dearness Allowance. The total in-hand salary of a LIC Assistant goes up to Rs. Rs 30,000/- per month.

Is LIC Assistant better than bank clerk?

The difficulty level of both the Prelims & Mains of both IBPS Clerk & LIC Assistant would more or less be the same. As both are clerical level exams, the difficulty level of questions would be moderate.

Do LIC employees get pension?

Presently, the retired employees of LIC are drawing pension based on the last pay which was payable to them at the time of their retirement and the same were never revised creating different classes of employees based on their date of retirement.

What is the role of LIC assistant?

The main role of Assistants is managing cash counters, processing and sanctioning or disbursement of files. Clerical Staff duties involve Cashier, Single Window Operator, Customer Service Executive, etc. LIC Assistants take care of back-office works, Account related work and recovery.

How can I become LIC assistant?

Educational Qualification Criteria for LIC Assistant 2019 The candidate must have a Bachelor’s Degree (10+2+3 pattern) in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Government.

What is salary of SBI clerk?

Rs 11,756SBI Clerk 2020 Pay Scale The payscale of SBI Clerk is Rs 11765-655/ 3-13730-815/ 3-16175-980/ 4-20095-1145/7-28110-2120/ 1-30230-1310/1-31450. The basic salary of SBI Clerk is Rs 11,756 with an increment of Rs 655.

Is LIC assistant exam easy?

As per the sources, the overall paper of LIC Assistant Exam was Easy to Moderate level. Candidates can get here exam analysis of preliminary examination as well as the main examination. The selection process for the LIC Assistant is through 2 level exam which is the preliminary exam and main exam.

Why LIC is being sold?

Governed by the Life Insurance Corporation Act, 1956, every LIC policy is guaranteed by the government. Explaining the rationale for divesting the government’s stake in LIC, Ms. Sitharaman said that listing would bring discipline while giving retail investors an opportunity to participate in wealth creation.

Which is better LIC or SBI?

When compared on other Home Loan charges such as processing fees, LIC Housing Finance charges a lower processing fees of Nil vs SBI with a processing fees of 0.20% of loan amount. SBI is a Public Sector Bank with its Home Loan rates benchmarked to RLLR.

Is there bond in LIC assistant?

Guarantee Bond Before joining as a Probationer, candidates will be required to give an undertaking to serve LIC for a minimum period of four years from the date of joining (including probationary period) failing which, he/she or his /her heirs, executors, administrators will be liable to pay liquidated damages of Rs.