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LIC Mutual Fund Customer Service Associate salaries in India

Annual salary range
0 - 6 years exp.
₹2.1 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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At par with the average Customer Service Associate Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Customer Service Associate Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Customer Service Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 4 Apr 2023

Companies similar to LIC Mutual Fund for Customer Service Associate

Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹7.5 L/yr

arrow icon 104% more
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₹1.8 L/yr - ₹2.7 L/yr

arrow icon 16% less
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₹2 L/yr - ₹3.6 L/yr

arrow icon 14% less
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Equiniti Customer Service Associate Salary

1 - 3 years exp. (5 salaries)

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₹2.9 L/yr - ₹6.9 L/yr

arrow icon 65% more
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Edelweiss Customer Service Associate Salary

4 - 13 years exp. (3 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 56% more
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Sharekhan Customer Service Associate Salary

2 - 7 years exp. (3 salaries)

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₹2 L/yr - ₹2.6 L/yr

arrow icon 14% less
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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 16% less
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₹2.3 L/yr - ₹4.3 L/yr

arrow icon 13% more
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Religare Customer Service Associate Salary

1 - 4 years exp. (3 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 14% less
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₹2.2 L/yr - ₹4 L/yr

arrow icon 20% more
Customer Service Associate salary at LIC Mutual Fund ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Mutual Fund.

Latest annual salaries shared by LIC Mutual Fund Customer Service Associate

1y ago
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6 years exp.
1y ago
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3 years exp.
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1 year exp.

Experience wise LIC Mutual Fund Customer Service Associate salaries

Last Updated: 4 Apr 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.1 L/yr - ₹3.8 L/yr
1 year (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in LIC Mutual Fund

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₹2.5 L/yr - ₹5 L/yr
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₹1.45 L/yr - ₹5.5 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Customer Support Executive Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Customer Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.2 L/yr - ₹3.2 L/yr
Sales Officer Salary
(3 salaries)
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₹3 L/yr - ₹5 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Branch Manager Salary
(6 salaries)
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₹6.35 L/yr - ₹10.5 L/yr
Telecalling Executive Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for LIC Mutual Fund

2.1

Rated by 2 employees for salary & benefits

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

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 & 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.

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..

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

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LIC Mutual Fund Customer Service Associate Salary FAQs

What is the salary of Customer Service Associate at LIC Mutual Fund ?
The average salary of a Customer Service Associate at LIC Mutual Fund in India typically ranges from ₹2.1 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Customer Service Associate at LIC Mutual Fund earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Customer Service Associate Salaries at LIC Mutual Fund 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 Mutual Fund employees in India.
What is the estimated take home salary of a Customer Service Associate at LIC Mutual Fund in India?
The estimated take-home salary of a Customer Service Associate at LIC Mutual Fund in India typically ranges from ₹20,108 to ₹21,770 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 6 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 Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than LIC Mutual Fund for Customer Service Associate in India?
JPMorgan Chase & Co. ₹3.0 Lakhs to ₹7.5 Lakhs per year
Equiniti ₹2.9 Lakhs to ₹6.9 Lakhs per year
Edelweiss ₹1.5 Lakhs to ₹5.0 Lakhs per year
The Muthoot Group ₹2.2 Lakhs to ₹4.0 Lakhs per year
Bajaj Capital ₹2.3 Lakhs to ₹4.3 Lakhs per year

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

Religare ₹1.5 Lakhs to ₹3.5 Lakhs per year
Sharekhan ₹2.0 Lakhs to ₹2.6 Lakhs per year
5paisa Capital Ltd. ₹2.0 Lakhs to ₹3.6 Lakhs per year
Bajaj Finserv ₹2.2 Lakhs to ₹4.2 Lakhs per year
BOBCARD Ltd. ₹1.8 Lakhs to ₹2.7 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 Customer Service Associate at LIC Mutual Fund in India?
The salary growth for a Customer Service Associate at LIC Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Customer Service Associate can expect the following growth trajectory at LIC Mutual Fund:

Experience Average Salary Range
Fresher ₹2.1 Lakhs to ₹3.8 Lakhs per year
1 year ₹0.9 Lakhs to ₹2.4 Lakhs per year
2 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.1 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

LIC Mutual Fund Customer Service Associate salary in India ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.