Life Insurance Corporation of India (LIC), founded in 1956 is an Indian state-owned insurance group and investment company providing financial services.
As per the official notification, LIC is conducting the AAO Exam 2016 for recruitment to the 700 posts of Assistant Administrative Officers. The examination is scheduled to be held on 05 March 2016, 06 March 2016 and 13 March 2016. The admit card to appear for the LIC AAO Exam 2016 has been released by the organization.
All the shortlisted candidates are required to download the admit card from the official website i.e., www.licindia.in. Candidates can download the admit card by using their registration number, date of birth and password.
The candidates who would be qualified for the post after the completion of selection process will be recruited under the basic pay of Rs. 17240/- per month in the scale of Rs. 17240- 840(14) –29000– 910(4) –32640 (Under Revision) and other admissible allowances as per rules. Total emoluments at the minimum of the scale inclusive of House Rent Allowance & City Compensatory Allowance wherever admissible depending upon the classification of the city will be approximately Rs 40,245/- per month in ‘A’ Class city. Other benefits are Defined Contributory Pension, Special Allowance for passing Actuarial Examination, Gratuity, LTC, Cash Medical Benefit, Group Mediclaim, Group Personal Accident Insurance, Group Insurance , Vehicle Loan (2- wheeler/4 wheeler) as per rules.