There are a lot of opportunities and government exams for aspirants to have a rewarding career. But, the confusion lies in choosing the right option for their career. Insurance exams and Bank exams are the exams that are currently in trend amongst the aspirants. Both of these careers have their own pros and cons.

This article aims at solving the confusion of aspirants about choosing the right career options between SBI PO & LIC AAO.

SBI PO is one of the most popular exams when bank exams are spoken about. LIC AAO also holds equal popularity when Insurance exams are discussed.

Are you preparing for Government exams? Refer to the links below and ace the examination:

Difference between SBI PO and LIC AAO

Major Factors SBI PO LIC AAO
Name of the Conducting Body State Bank of India Life Insurance Corporation
Name of the Post SBI Probation Officer LIC Assistant Administrative Officer
Eligibility Age Limit – 21 years to 30 years

Educational Qualification – Graduation from a recognized University

Age Limit – 21 years to 30 years

Educational Qualification – Bachelor’s degree in the specialization they have oped for.


  • Reasoning
  • Quantitative Aptitude
  • English language
  • Data Analysis & Interpretation
  • Computer Aptitude

For complete details on SBI PO syllabus, check the linked article.

  • Reasoning
  • Quantitative Aptitude
  • English language
  • General Awareness
  • Insurance & Financial Market awareness

For complete details on LIC AAO syllabus, check the linked article.

Exam Preparation Strategy Candidates can check the following links for better exam preparation:

Candidates can check the following links for better exam preparation:


Salary Rs 27620/- Rs 42020/-

Check SBI PO salary for complete information

Rs.32795/- Rs 62315/-

Check  LIC AAO salary for complete details.


Role & Responsibilities
  1. Assisting customers for understanding banking process
  2. Authorize transactions, managing clearances of payments.
  3. Supervision of clerical work
  4. Handling cash balance
  1. Assisting customers/clients for claims processing, filling, and settlement.
  2. Planning new policies or replacing old ones for the company’s development.
  3. Analyzing and Auditing policies from time to time.
  4. Has to be involved in inter-departmental discussion related to claims processing
Work Pressure Have challenges related to increasing the customer base and business. AAO does not have to be involved directly in increasing the revenue or business for the organization.
Place of Posting Urban & Rural Urban
Career Growth Promotion happens at a faster pace and SBI has a steady promotion policy.

Promotion happens every 2-3 years.

AAO does not have a fast-paced promotion policy. Usually takes more time as LIC has a non-proactive promotion policy.
Perks and Allowances
  • Pension
  • Medical aid for self and family
  • Travel Concession
  • Concession on interest rates on housing, car loans
  • Defined Contributory pension
  • Gratuity
  • Monetary Medical benefit
  • Group Insurance
  • Mobile Expenses
Promotion Level
  • PO
  • Deputy Manager
  • Manager
  • Assistant General Manager
  • Deputy General Manager
  • Chief General Manager
  • Deputy Managing Director
  • AAO
  • Assistant Deputy Manager
  • Deputy Manager

Based on the above factors, it can be observed that either of these profiles have their own advantages and disadvantages. It depends on the candidates what he/she opts for.

If working under pressure with better remuneration and no choice of place of posting suits a candidate, then SBI PO is a better job profile.

For candidates preferring a smoother work-life balance with urban stay and decent pay, then LIC AAO would fit perfectly in their career.

Both of these exams need proper planning and preparation, thus, candidates should analyze each and every factor while opting for either of these options.

Aspirants can check the following links for assistance – 

Government schemes Computer Awareness Government exams after 12th