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Lic Gic Sales Officer salaries in India

Annual salary range
10 - 22 years exp.
₹2.2 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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26% less than the average Sales Officer Salary in Insurance Companies for 10 - 22 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Lic Gic for Sales Officer

Company name Avg Annual Salary Open Jobs
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Canara HSBC Life Insurance Sales Officer Salary

0 - 6 years exp. (260 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 12% more
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₹0.9 L/yr - ₹4 L/yr

arrow icon 17% less
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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 3% less
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₹1.6 L/yr - ₹5 L/yr

arrow icon 31% more
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SBI Life Insurance Company Sales Officer Salary

0 - 6 years exp. (100 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 4% more
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HDFC Life Sales Officer Salary

1 - 6 years exp. (67 salaries)

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₹1.4 L/yr - ₹4.4 L/yr

arrow icon 10% more
1 job opening
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₹1.6 L/yr - ₹4.3 L/yr

arrow icon 2% more
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Axis Max Life Insurance Sales Officer Salary

0 - 5 years exp. (54 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 4% more
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₹1.7 L/yr - ₹3.9 L/yr

arrow icon 4% less
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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 11% more
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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 23% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 9% more
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₹1.3 L/yr - ₹5 L/yr

arrow icon 20% more
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₹2 L/yr - ₹5.5 L/yr

arrow icon 18% more
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Tata AIA Life Insurance Sales Officer Salary

1 - 8 years exp. (19 salaries)

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₹2.3 L/yr - ₹4.7 L/yr

arrow icon 24% more
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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 13% less
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₹2 L/yr - ₹4 L/yr

arrow icon 6% more
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₹3 L/yr - ₹4 L/yr

arrow icon 34% more
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PNB MetLife Sales Officer Salary

0 - 9 years exp. (10 salaries)

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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 5% more
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Tata AIG Sales Officer Salary

0 - 4 years exp. (9 salaries)

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₹1.8 L/yr - ₹5.8 L/yr

At par
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Sales Officer salary at Lic Gic ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 10 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Lic Gic.

Latest annual salaries shared by Lic Gic Sales Officer

1y ago
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22 years exp.
1y ago
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20 years exp.
1y ago
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10 years exp.

Experience wise Lic Gic Sales Officer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
11 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
12 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
13 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr
14 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
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Similar Designation salaries in Lic Gic

Sales Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Lic Gic

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.

read more
  • Salary - Good
  • +6 more

Dislikes

None as particular

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No question of disliking, all are working happily.

see more salary related reviews

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Lic Gic Sales Officer Salary FAQs

What is the salary of Sales Officer at Lic Gic ?
The average salary of a Sales Officer at Lic Gic in India typically ranges from ₹2.2 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 10 years to 22 years).

The top 10% of Sales Officer at Lic Gic earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Sales Officer Salaries at Lic Gic can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Lic Gic employees in India.
What is the estimated take home salary of a Sales Officer at Lic Gic in India?
The estimated take-home salary of a Sales Officer at Lic Gic in India typically ranges from ₹18,625 to ₹20,309 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 10 years to 22 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Lic Gic. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Lic Gic for Sales Officer in India?
Aditya Birla Health Insurance Co ₹3.0 Lakhs to ₹4.0 Lakhs per year
Star Union Dai-ichi Life Insurance ₹1.6 Lakhs to ₹5.0 Lakhs per year
Tata AIA Life Insurance ₹2.3 Lakhs to ₹4.7 Lakhs per year
ICICI Prudential Life Insurance ₹1.8 Lakhs to ₹4.3 Lakhs per year
Future Generali India Life Insurance ₹1.3 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lic Gic, depending on the role and experience level.
What is the salary of a Sales Officer in companies similar to Lic Gic in India?
The salary of a Sales Officer at companies similar to Lic Gic in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI General Insurance ₹2.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Allianz Life Insurance ₹2.0 Lakhs to ₹5.5 Lakhs per year
Canara HSBC Life Insurance ₹2.0 Lakhs to ₹4.0 Lakhs per year
HDFC Ergo General Insurance ₹1.6 Lakhs to ₹4.5 Lakhs per year
HDFC Life ₹1.4 Lakhs to ₹4.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Sales Officer at Lic Gic in India?
The salary growth for a Sales Officer at Lic Gic depends on factors such as experience, performance, and promotions. On average, a Sales Officer can expect the following growth trajectory at Lic Gic:

Experience Average Salary Range
10 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
11 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
12 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
13 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
and so on.

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Lic Gic Sales Officer salary in India ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lic Gic latest salaries received from various employees of Lic Gic.