Question: Is LIC Assistant A Government Job?

What is the salary of LIC assistant?

Rs.

14435The basic pay of a LIC Assistant (Clerk) is Rs.

14435/- per month in the scale of Rs.

14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195 (2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080 and other admissible allowances as per rules..

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.

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.

Is LIC a govt job?

LIC ADO known as LIC Assistant Administrative Officer is a field job in Insurance sector. LIC(Life Insurance Corporation of India) conducts an exam namely LIC ADO to fill in the vacant posts for ADO in their offices. It is a government job with a healthy salary package of nearly Rs 45,000/- per month.

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 going to be Privatised?

The government announced in the Union Budget for 2020-21 its plans to sell a part of its holding in LIC through an Initial Public Offer (IPO). Now, the government is going ahead with its decision to privatise LIC by inviting bids to appoint a Pre-Transaction Advisor.

Is LIC assistant exam tough?

LIC Assistant Exam Analysis 2019 (Out) – Quant Tough, Exam Easy to Moderate. … 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.

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.

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.