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LIC Mutual Fund

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3.7

based on 96 Reviews

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LIC Mutual Fund Salaries in India (Updated 2025)

based on 558 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Relationship Manager

0 - 8 years exp. (51 salaries)
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₹2.4 L/yr - ₹5.9 L/yr

Sales Manager

1 - 8 years exp. (35 salaries)
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₹3.3 L/yr - ₹7.8 L/yr

Relationship Executive

1 - 5 years exp. (29 salaries)
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₹2.3 L/yr - ₹4.2 L/yr

Customer Service Executive

0 - 8 years exp. (28 salaries)
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₹1.5 L/yr - ₹4 L/yr

Starting your career? Discover LIC Mutual Fund fresher salaries in India

Area Manager

12 - 17 years exp. (18 salaries)
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₹6.8 L/yr - ₹16.2 L/yr

Deputy Area Manager

6 - 13 years exp. (11 salaries)
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₹4 L/yr - ₹9.1 L/yr

LIC Agent

0 - 4 years exp. (11 salaries)
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₹0.5 L/yr - ₹3.2 L/yr

Senior Sales Manager

4 - 18 years exp. (9 salaries)
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₹6 L/yr - ₹13 L/yr

Senior Relationship Manager

4 - 9 years exp. (7 salaries)
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₹4.8 L/yr - ₹9.2 L/yr

Branch Manager

6 - 15 years exp. (6 salaries)
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₹6.4 L/yr - ₹10.5 L/yr

Insurance Adviser

2 - 5 years exp. (5 salaries)
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₹1.2 L/yr - ₹5 L/yr

Office Assistant

1 - 10 years exp. (5 salaries)
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₹1.1 L/yr - ₹2 L/yr

Legal Associate

1 - 5 years exp. (5 salaries)
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₹4.5 L/yr - ₹9 L/yr

Operations Executive

2 - 6 years exp. (5 salaries)
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₹2.7 L/yr - ₹3.2 L/yr

Sales Executive

1 - 2 years exp. (4 salaries)
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₹1.2 L/yr - ₹3.3 L/yr

Associate Vice President

7 - 15 years exp. (4 salaries)
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₹19 L/yr - ₹22 L/yr

Financial Advisor

1 - 6 years exp. (4 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Assistant Vice President

9 - 24 years exp. (4 salaries)
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₹15.8 L/yr - ₹22 L/yr

Computer Operator

0 - 4 years exp. (4 salaries)
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₹1.2 L/yr - ₹4 L/yr

Zonal Head

16 - 19 years exp. (4 salaries)
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₹36.5 L/yr - ₹40 L/yr

Last Updated: 12 Mar, 2025

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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... read more
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Salary related reviews for LIC Mutual Fund

3.3

Rated by 96 employees for salary & benefits

Senior Relationship Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 06 May 2023
2.0
 for  Salary and Benefits

Likes

Nothing likes for this organisation

Dislikes

...nal life hell. As the company don't have any process, proper management and all. Often you will pay from your pocket bcoz the right approvals will not come as per the commitment of the senior management. There is neither proper system nor HR policy in this organisation. If you want to spoil your career by entering in this monopoly, uncultured then you may think of this organisation. If there would 0 for job security then I could have clicked on that.

read more
  • Salary - Poor
    • +6 more

Administration Executive in Kanpur

Full Time

 · 

Mutual funds Department

1.0
  •  posted on 24 Mar 2020
1.0
 for  Salary and Benefits

Likes

I have very bad experience working in Lic Mf as a admin executive, I have faced mental harassment there, slow growth & insecure environment.

read more

Dislikes

I have joined there as a off role payroll process via rand stand company and they didn’t settle my dues and also not provided my reliving letter too.

read more
  • Salary - Bad
    • +6 more

Sales Manager in New Delhi

Sales & Business Development Department

4.0
  •  posted on 29 May 2022
3.0
 for  Salary and Benefits

Likes

Work culture is good. Lots of things are there to learn and built personality. Working Location Prefrence gives better understanding about the area and gives many more ideas to enhance sales and busienss for orgsnisation.

read more
  • Skill development - Good
    • +4 more

Dislikes

Sometime managing multiple channels become challanging.

Vice President - Zonal Head - North Zone in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 07 Feb 2022
5.0
 for  Salary and Benefits

Likes

Fantastic company to work for.. Performers always gets appreciated & acknowledged..Moreover Management believes in giving autonomy/ independent space to perform & excel..LIC MF has given opportunity to so many young/ fresh professionals in MF domain & most of them have come out with flying colors..The company has created/prepared so many young talent for the industry.. Indeed great experience working for this company since last 7 Years..

read more
  • Salary - Excellent
    • +6 more

Dislikes

Nothing as such..

Business Development Manager in Bhubaneswar

Marketing & Communication Department

3.0
  •  posted on 12 Nov 2021
1.0
 for  Salary and Benefits

Likes

As a lady I feel really safe working with the organization but when it comes to guidance or support the seniors are not that much supportive, job security is very poor as meeting target is not possible because of lower penetration and less tie ups. Funds are not that very good performing to attract client.

read more
  • Company culture - Good
    • +1 more

Dislikes

No training, no hand holding

  • Salary - Bad
    • +4 more
see more salary related reviews

LIC Mutual Fund interview questions by designations

Customer Service Associate (1)Business Operations Associate (1)Branch Manager (1)Area Manager (1)
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LIC Mutual Fund Salary FAQs

How much does LIC Mutual Fund pay per year?
The average LIC Mutual Fund salary ranges from approximately ₹1.1 Lakh to ₹2 Lakhs per year for a Office Assistant and ₹13 Lakhs to ₹17.6 Lakhs per year for a Manager. Salary estimates are based on 558 LIC Mutual Fund salaries received from various employees of LIC Mutual Fund. LIC Mutual Fund employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in LIC Mutual Fund?
The highest-paying job at LIC Mutual Fund is a Manager with a salary of ₹13 Lakhs to ₹17.6 Lakhs per year. The top 10% of employees earn more than ₹19 lakhs per year. The top 1% earn more than a whopping ₹42.79 lakhs per year.
What is the minimum salary in LIC Mutual Fund?
Minimum salary at LIC Mutual Fund depends on the role you are applying for. For LIC Agent the minimum salary is ₹0.5 Lakh to ₹3.2 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.5 Lakh to ₹4 Lakhs per year and so on.
What is the salary package for freshers in LIC Mutual Fund?
The average salary at LIC Mutual Fund for freshers is ₹4.2 Lakhs per year for Relationship Manager.
What is the notice period at LIC Mutual Fund?
According to AmbitionBox, 55% of the LIC Mutual Fund employees reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 309 responses on AmbitionBox in last 2 years.

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LIC Mutual Fund Salaries by Location

Average annual salary in LIC Mutual Fund is INRunlock blur . Salary estimates are based on 558 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.

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