LIC Life Plus Mumbai LIC Agent Salaries by 4 Employees

0 - 10 years exp.

₹1.6 Lakh - ₹5 Lakhs

Salary of majority employees

At par with the average LIC Agent Salary in Insurance Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading LIC Agent Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹3.6 L/yr
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Marketing & Communication LIC Agent Salary 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹5 L/yr

Last Updated: 29 Oct 2024

Companies similar to LIC Life Plus for LIC Agent in Mumbai

LIC Life Plus LIC Agent Salary

0 - 10 years exp. (4 salaries)

₹1.6 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Life Insurance Corporation of India LIC Agent Salary 1 - 13 years exp. (27 salaries)	₹0.5 L/yr - ₹7.1 L/yr 10% less	1 job opening

LIC Agent salary at LIC Life Plus ranges between ₹1.6 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Life Plus.

Experience wise LIC Life Plus LIC Agent salaries in Mumbai

Last Updated: 29 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.9 L/yr
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2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
10 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr

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Salary related reviews for LIC Life Plus

Life Insurance Corporation Of India in Mauranipur

Kanpur Department

1.0

• posted on 27 Jan 2021

1.0

for Salary and Benefits

Likes

They recover our salary which they paid us during lockdown! ....this is the fu***** support of LIC

Dislikes

LIC is not an organisation, they are the group of people who always want to cut down your salary,perks everything you were provided. Example-This is the only organisation where we have to pay back our salary of lockdown even our honorable PM asked to not to cut down salary but instead of that they recover our salary of whole 2 month and not even this much. This salary deduction is only for PDO(Field officer),not for the assistant,not for the administration. I mean only PDO who work in field will not infected by COVID 19,what a theory!!.. #shamonyouLIC

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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LIC Life Plus LIC Agent Salary FAQs

What is the salary of LIC Agent at LIC Life Plus in Mumbai?

The average salary of a LIC Agent at LIC Life Plus in Mumbai typically ranges from ₹1.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of LIC Agent in Mumbai at LIC Life Plus earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. LIC Agent Salaries at LIC Life Plus 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 Life Plus employees in India.

What is the estimated take home salary of a LIC Agent at LIC Life Plus in Mumbai?

The estimated take-home salary of a LIC Agent at LIC Life Plus in Mumbai typically ranges from ₹20,707 to ₹22,359 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 Life Plus. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a LIC Agent in companies similar to LIC Life Plus in Mumbai?

The salary of a LIC Agent at companies similar to LIC Life Plus in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Life Insurance Corporation of India

₹0.5 Lakhs to ₹7.1 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 LIC Agent at LIC Life Plus in Mumbai?

The salary growth for a LIC Agent at LIC Life Plus in Mumbai depends on factors such as experience, performance, and promotions. On average, a LIC Agent in Mumbai can expect the following growth trajectory at LIC Life Plus:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹4.3 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.9 Lakhs per year
2 years	₹1.6 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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LIC Life Plus LIC Agent Salaries in Mumbai

LIC Life Plus LIC Agent salary in Mumbai ranges between ₹1.6 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LIC Life Plus latest salaries received from various employees of LIC Life Plus.