Lic Gic LIC Agent Salaries by 10+ Employees

0 - 15 years exp.

₹0.2 Lakh - ₹3.6 Lakhs

Salary of majority employees

53% less than the average LIC Agent Salary in Insurance Companies for 0 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading LIC Agent Salary 0 - 5 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr
Customer Success, Service & Operations LIC Agent Salary 8 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Administration & Facilities LIC Agent Salary 15 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr

Last Updated: 13 Aug 2023

Companies similar to Lic Gic for LIC Agent

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India LIC Agent Salary 0 - 14 years exp. (356 salaries)	₹0.5 L/yr - ₹7.1 L/yr 109% more	1 job opening
HDFC Life LIC Agent Salary 0 - 15 years exp. (3 salaries)	₹4 L/yr - ₹7.2 L/yr 246% more
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SBI Life Insurance Company LIC Agent Salary 0 - 6 years exp. (6 salaries)	₹1.5 L/yr - ₹2.1 L/yr 24% more
Bajaj Allianz Life Insurance LIC Agent Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹4.8 L/yr 134% more
Axis Max Life Insurance LIC Agent Salary 0 - 1 year exp. (3 salaries)	₹0.5 L/yr - ₹2.5 L/yr 7% less

LIC Agent salary at Lic Gic ranges between ₹0.2 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 15 latest salaries received from various employees of Lic Gic.

Experience wise Lic Gic LIC Agent salaries

Last Updated: 13 Aug 2023

Experience	Avg Annual Salary
Fresher (5 salaries)	₹0.3 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹0.8 L/yr
15+ years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr

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Similar Designation salaries in Lic Gic

Agent Salary

(4 salaries)

₹1.05 L/yr - ₹3 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Financial Advisor Salary

(4 salaries)

₹3 L/yr - ₹5 L/yr

Data Entry Operator Salary

(4 salaries)

₹0.6 L/yr - ₹1 L/yr

Life Insurance Advisor Salary

(5 salaries)

₹1 L/yr - ₹3.6 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Lic Gic

2.2

Rated by 2 employees for salary & benefits

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.

Salary - Good

+6 more

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.

Salary - Excellent

+6 more

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

2w (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.

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Lic Gic LIC Agent Salary FAQs

What is the salary of LIC Agent at Lic Gic?

LIC Agent salary at Lic Gic in India ranges between ₹0.2 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 15 years. According to our estimates it is 53% less than the average LIC Agent Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Lic Gic India.

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

The average salary of a LIC Agent at Lic Gic is 53% less than the average salary of a LIC Agent in India. To know exact salary insights, login to view.

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

HDFC Life LIC Agent Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
Bajaj Allianz Life Insurance LIC Agent Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
Life Insurance Corporation of India LIC Agent Salary - ₹0.5 Lakhs to ₹7.1 Lakhs per year
SBI Life Insurance Company LIC Agent Salary - ₹1.5 Lakhs to ₹2.1 Lakhs per year

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

Axis Max Life Insurance LIC Agent Salary - ₹0.5 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a LIC Agent at Lic Gic ranges between ₹10,465 per month to ₹11,586 per month in India. The take-home salary calculation is based on the average Lic Gic LIC Agent salary in India which ranges between ₹0.2 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 15 years. Check how did we calculate take home salary?

What is the notice period for LIC Agent at Lic Gic?

According to AmbitionBox, 100% of the Lic Gic LIC Agents reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Lic Gic LIC Agent Salaries

Lic Gic LIC Agent salary in India ranges between ₹0.2 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Lic Gic latest salaries received from various employees of Lic Gic.