Lic Gic Advisor Salaries by 5 Employees (Updated 2024)

0 - 20 years exp.

₹1.4 Lakh - ₹3.5 Lakhs

Salary of majority employees

58% less than the average Advisor Salary in Insurance Companies for 0 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Advisor Salary 0 - 20 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Advisor Salary 2 years exp. (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.5 L/yr

Last Updated: 9 Mar 2024

Companies similar to Lic Gic for Advisor

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India Advisor Salary 2 - 17 years exp. (47 salaries)	₹1.1 L/yr - ₹6 L/yr 54% more
HDFC Life Advisor Salary 0 - 5 years exp. (20 salaries)	₹0.9 L/yr - ₹4.8 L/yr 22% more
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ICICI Prudential Life Insurance Advisor Salary 1 - 6 years exp. (79 salaries)	₹0.6 L/yr - ₹6 L/yr 38% more
SBI Life Insurance Company Advisor Salary 0 - 10 years exp. (91 salaries)	₹1 L/yr - ₹5 L/yr 44% more
Max Life Insurance Advisor Salary 0 - 6 years exp. (57 salaries)	₹0.8 L/yr - ₹5 L/yr 49% more
Reliance Nippon Life Insurance Advisor Salary 0 - 6 years exp. (28 salaries)	₹1 L/yr - ₹4.2 L/yr 3% less
Tata AIA Life Insurance Advisor Salary 1 - 6 years exp. (35 salaries)	₹1 L/yr - ₹5 L/yr 12% more
Kotak Mahindara Life Insurance Advisor Salary 1 - 4 years exp. (18 salaries)	₹1 L/yr - ₹4 L/yr 23% more
Gallagher Advisor Salary 0 - 6 years exp. (40 salaries)	₹3.1 L/yr - ₹7 L/yr 109% more	1 job opening
Aditya Birla Sun Life Insurance Advisor Salary 0 - 6 years exp. (35 salaries)	₹1 L/yr - ₹3.5 L/yr 7% less
Star Health & Allied Insurance Advisor Salary 1 - 9 years exp. (16 salaries)	₹1.8 L/yr - ₹4.5 L/yr 37% more
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ICICI Lombard General Insurance Company Advisor Salary 0 - 4 years exp. (10 salaries)	₹1.3 L/yr - ₹4 L/yr 12% more
Niva Bupa Health Insurance Company Advisor Salary 0 - 5 years exp. (9 salaries)	₹2.5 L/yr - ₹3.1 L/yr 45% more
Bajaj Allianz General Insurance Advisor Salary 1 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹2.8 L/yr 21% more
SBI General Insurance Advisor Salary 2 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹4.5 L/yr 41% more
Allstate Advisor Salary 2 - 4 years exp. (4 salaries)	₹4.3 L/yr - ₹7.1 L/yr 179% more
HDFC Ergo General Insurance Advisor Salary 0 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 12% more
PNB MetLife Advisor Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 2% more
Reliance General Insurance Advisor Salary 3 - 12 years exp. (4 salaries)	₹2.5 L/yr - ₹4.6 L/yr 92% more
Future Generali India Life Insurance Advisor Salary 0 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹1.8 L/yr 26% less

Advisor salary at Lic Gic ranges between ₹1.4 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Lic Gic.

Experience wise Lic Gic Advisor salaries

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
11 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
12 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
13 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
14 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
15+ years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.4 L/yr

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Similar Designation salaries in Lic Gic

Agent Salary

(4 salaries)

₹1.05 L/yr - ₹3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Data Entry Operator Salary

(4 salaries)

₹0.6 L/yr - ₹1 L/yr

Salary related reviews for Lic Gic

Assistant Branch Manager in Gadag, Hubli, Bangalore

Sales & Marketing Department

5.0

• posted on 28 Nov 2020

4.0

for Salary and Benefits

Likes

Excellent work culture and supportive teamwork. There is huge opportunity to show the results and good appraisal which earned handsome monetary benefits. Learned that work is worship. Hard work & Smart work yeilds huge profits.

Dislikes

None as particular

Higher Grade Assistant -Supervisor in Hyderabad / Secunderabad

Policy Servicing Department

5.0

• posted on 17 Dec 2020

5.0

for Salary and Benefits

Likes

LIC & GIC are different organizations. LIC's business is Life Insurance and GICs business is Genral Insurance. Ofcourse both are good. Jobs in both are well secured. Work culture is good and co-operative. Management at all levels is suggestive and work oriented in friendly atmosphere. Policies are formulated for the welfare and beneficial to the esteemed policy holders. It's a boon to be associated With the gigantic Organization to work wholeheartedly.

Dislikes

No question of disliking, all are working happily.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lic Gic Advisor Salary FAQs

What is the salary of Advisor at Lic Gic?

Advisor salary at Lic Gic in India ranges between ₹1.4 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 20 years. According to our estimates it is 58% less than the average Advisor Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Lic Gic India.

How does the salary of a Advisor at Lic Gic India compare with the average salary range for this job?

The average salary of a Advisor at Lic Gic is 58% less than the average salary of a Advisor in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lic Gic to a Advisor in India?

Allstate Advisor Salary - ₹4.3 Lakhs to ₹7.1 Lakhs per year
Gallagher Advisor Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year
Reliance General Insurance Advisor Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
Life Insurance Corporation of India Advisor Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
Max Life Insurance Advisor Salary - ₹0.8 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Advisor in companies similar to Lic Gic in India?

Niva Bupa Health Insurance Company Advisor Salary - ₹2.5 Lakhs to ₹3.1 Lakhs per year
SBI Life Insurance Company Advisor Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
SBI General Insurance Advisor Salary - ₹1.7 Lakhs to ₹4.5 Lakhs per year
ICICI Prudential Life Insurance Advisor Salary - ₹0.6 Lakhs to ₹6.0 Lakhs per year
Star Health & Allied Insurance Advisor Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Advisor at Lic Gic in India?

The estimated take-home salary of a Advisor at Lic Gic ranges between ₹14,151 per month to ₹15,645 per month in India. The take-home salary calculation is based on the average Lic Gic Advisor salary in India which ranges between ₹1.4 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 20 years. Check how did we calculate take home salary?

What is the notice period for Advisor at Lic Gic?

According to AmbitionBox, 50% of the Lic Gic Advisors reported a notice period of 15 days or less, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Lic Gic Advisor Salaries

Lic Gic Advisor salary in India ranges between ₹1.4 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Lic Gic latest salaries received from various employees of Lic Gic.