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LIC Assistant Administrative Officer (AAO) and IBPS Probationary Officer (PO) are two popular career options for candidates looking for a government-sector financial services job. Both offer a good salary, allowances and career growth. However, there is a big difference in salary offered by both the organisations.
LIC AAO vs IBPS PO Salary Comparison
| Salary Component | LIC AAO | IBPS PO |
|---|---|---|
| Basic Pay | ₹88,635 | ₹48,480 |
| DA | ₹19,311.93 | ₹12,459.36 |
| HRA | ₹8,863.50 | ₹4,363.20 |
| CCA | ₹2,659.05 | ₹2,300 |
| Special/Cadre Allowance | ₹8,900 | ₹16,149 |
| Transport Allowance | ₹3,300 | — |
| Learning Allowance | — | ₹1,068.45 |
| Gross Salary | ₹1,31,669.48 | ₹84,820.01 |
| Total Deductions | ₹8,280 | ₹6,093.94 |
| Net/In-hand Salary | ₹1,23,389.48 | ₹78,726.07 |
LIC AAO Basic Salary Is Much Higher
One of the biggest differences can be seen in the basic pay. The LIC AAO gets a basic pay of ₹88,635, while the IBPS PO gets basic salary of ₹48,480. The LIC AAO receives ₹1,31,669.48 as gross earnings. In comparison, the IBPS PO get gross salary of ₹84,820.01.
This means the difference in gross monthly salary is approximately: ₹1,31,669.48 − ₹84,820.01 = ₹46,849.47.
LIC AAO In-Hand Salary Is Over ₹1.23 Lakh
After deductions, the LIC AAO receives ₹1,23,389.48 as net salary whereas IBPS PO gets a net salary of ₹78,726.07. The difference is: ₹1,23,389.48 − ₹78,726.07 = ₹44,663.41.
So, based on these salary slips, the LIC AAO’s monthly in-hand salary is approximately ₹44,663 higher than the IBPS PO’s.
LIC AAO clearly has the higher monthly salary.
- LIC AAO Gross Salary: ₹1.32 lakh
- IBPS PO Gross Salary: ₹84,820
- LIC AAO In-hand Salary: ₹1.23 lakh
- IBPS PO In-hand Salary: ₹78,726
- Gross salary difference: ₹46,849 approximately
- In-hand salary difference: ₹44,663 approximately
