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LIC or Life Insurance Corporation of India conducts various examinations every year on all India level to recruit eligible candidates for various posts like LIC Agents, LIC Officers, LIC AAO etc. Candidates are given the chance to join this prestigious insurance company by clearing any one of the above-mentioned examinations. LIC has its headquarters in Mumbai and is India’s largest state-owned insurance company with a great capital value.


A Bank PO receives Rs 34 – 38,000/ month (in-hand) while LIC AAO gets around Rs 33-35000 /month, which is under revision. The basic pay of LIC AAO shall beRs.32, 000 (existing is 17,000) as per the proposed revision in pay scale. Once the new pay is implemented, the take home salary of LIC AAO will increase to approx.