ICICI Lombard General Insurance Company Banking Officer Salaries by 6 Employees (Updated 2025)

0 - 8 years exp.

₹1.9 Lakh - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Banking Officer Salary in Insurance Companies for 0 - 8 years of experience

Interested in this particular role?

Last Updated: 21 Sep 2024

Companies similar to ICICI Lombard General Insurance Company for Banking Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Ergo General Insurance Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹3.3 L/yr 3% less
SBI General Insurance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹1.4 L/yr - ₹3.1 L/yr 21% less
Login to view exact salary
SBI Life Insurance Company Banking Officer Salary 0 - 6 years exp. (12 salaries)	₹0.8 L/yr - ₹6.4 L/yr 10% more
ICICI Prudential Life Insurance Banking Officer Salary 1 - 6 years exp. (9 salaries)	₹2.7 L/yr - ₹3.5 L/yr 7% more
Tata AIA Life Insurance Banking Officer Salary 0 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 5% more
Bajaj Allianz Life Insurance Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹2.3 L/yr - ₹3.3 L/yr At par
Reliance Nippon Life Insurance Banking Officer Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹2.6 L/yr 19% less
Max Life Insurance Banking Officer Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 7% more
Life Insurance Corporation of India Banking Officer Salary 0 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 33% more
Canara HSBC Life Insurance Banking Officer Salary 0 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹3.1 L/yr 6% less
Kotak Mahindara Life Insurance Banking Officer Salary 0 - 1 year exp. (4 salaries)	₹0.4 L/yr - ₹8 L/yr 14% more
Login to view exact salary
HDFC Life Banking Officer Salary 1 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹4 L/yr 11% less

Banking Officer salary at ICICI Lombard General Insurance Company ranges between ₹1.9 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company.

Experience wise ICICI Lombard General Insurance Company Banking Officer salaries

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹3 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in ICICI Lombard General Insurance Company

Management Trainee Salary

(144 salaries)

₹3.48 L/yr - ₹12 L/yr

Senior Analyst Salary

(4 salaries)

₹3.1 L/yr - ₹16.15 L/yr

Deputy Manager Salary

(15 salaries)

₹4.65 L/yr - ₹13.25 L/yr

Senior Associate Salary

(13 salaries)

₹3 L/yr - ₹6.5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Finance Executive Salary

(5 salaries)

₹2.5 L/yr - ₹4.55 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹5 L/yr

Analyst Salary

(19 salaries)

₹4 L/yr - ₹14.36 L/yr

Team Lead Salary

(129 salaries)

₹1.05 L/yr - ₹8.5 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for ICICI Lombard General Insurance Company

Management Trainee in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing, if you have an option please avoid this organisation even if you don’t please find other interest for yourself

Dislikes

Everything, work culture is pathetic, salary is market minimum, work planning is pathetic as well most teams are just eating each others business, team leaders are lost when I comes to challenges, and the worst operations teams ever, if you are in sales you would wish you never worked. Dying a beggar is better than joining this place

Salary - Bad

+6 more

Management Trainee in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Jul 2023

4.0

for Salary and Benefits

Likes

If you’re looking for good salary and perks, go forward.

Salary - Good

+1 more

Dislikes

No work life balance. You can hardly manage your personal and professional life here simultaneously. Upper Management treats like robot. Although your working days are Mon-Fri, but you have to work on weekends also unofficially otherwise you’ll be scolded by upper management. Some old VPs working here are annoying.

Skill development - Bad

+3 more

Management Trainee in Vadodara

Full Time

Sales & Business Development Department

2.0

• posted on 11 Oct 2023

1.0

for Salary and Benefits

Likes

Only thing good is the brand name and time to time salary

Job security - Excellent

Dislikes

Bad managers, no work life balance, we used to work late till 1am almost everyday. I had horrible manager and super manager. Too much of hierarchy and no one used to help or support. People were so arrogant that they would bully and not teach anything to the new joinees.

Salary - Bad

+4 more

Verification Officer in Mumbai

Full Time

Administration & Facilities Department

3.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

I had good co- workers with me. Friendly Team leader. That was the best part in my department.

Dislikes

...y. The TL and management will make your life hell. Even they call you on Sunday. With no extra pay.No work life balance at all.

Salary - Poor

+3 more

Unit Sales Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Nothing as such, only u got salary on time

Job security - Good

Dislikes

Everything is worth from the top level to bottom level no one is supportive even HR's only listen to top level like your manager you are reporting to ... No appraisal no hike nothing specially for campus hire.. If you r fresher so definitely you will get 5 rating and no hike ,even you did too good in terms of business... No one will listen your point , top level is always right here

Skill development - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

Got a question about ICICI Lombard General Insurance Company?

Ask anonymously on communities.

ICICI Lombard General Insurance Company Banking Officer Salary FAQs

What is the salary of Banking Officer at ICICI Lombard General Insurance Company?

Banking Officer salary at ICICI Lombard General Insurance Company in India ranges between ₹1.9 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 24% less than the average Banking Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of ICICI Lombard General Insurance Company India.

How does the salary of a Banking Officer at ICICI Lombard General Insurance Company India compare with the average salary range for this job?

The average salary of a Banking Officer at ICICI Lombard General Insurance Company is 24% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Lombard General Insurance Company to a Banking Officer in India?

Life Insurance Corporation of India Banking Officer Salary - ₹2.9 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindara Life Insurance Banking Officer Salary - ₹0.4 Lakhs to ₹8.0 Lakhs per year
SBI Life Insurance Company Banking Officer Salary - ₹0.8 Lakhs to ₹6.4 Lakhs per year
ICICI Prudential Life Insurance Banking Officer Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Max Life Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year

What is the salary of a Banking Officer in companies similar to ICICI Lombard General Insurance Company in India?

Tata AIA Life Insurance Banking Officer Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
Bajaj Allianz Life Insurance Banking Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
HDFC Ergo General Insurance Banking Officer Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year
Canara HSBC Life Insurance Banking Officer Salary - ₹2.6 Lakhs to ₹3.1 Lakhs per year
HDFC Life Banking Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Banking Officer at ICICI Lombard General Insurance Company in India?

The estimated take-home salary of a Banking Officer at ICICI Lombard General Insurance Company ranges between ₹21,357 per month to ₹23,000 per month in India. The take-home salary calculation is based on the average ICICI Lombard General Insurance Company Banking Officer salary in India which ranges between ₹1.9 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Banking Officer at ICICI Lombard General Insurance Company?

According to AmbitionBox, 50% of the ICICI Lombard General Insurance Company Banking Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

ICICI Lombard General Insurance Company Banking Officer Salaries by Location

Home >
Salaries >
ICICI Lombard General Insurance Company Salaries >
ICICI Lombard General Insurance Company Banking Officer Salaries

ICICI Lombard General Insurance Company Banking Officer salary in India ranges between ₹1.9 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ICICI Lombard General Insurance Company latest salaries received from various employees of ICICI Lombard General Insurance Company.