LIC Mutual Fund Deputy Area Manager Salaries by 10+ Employees (Updated 2025)

6 - 13 years exp.

₹4 Lakhs - ₹9.1 Lakhs

Salary of majority employees

7% less than the average Deputy Area Manager Salary in Financial Services Companies for 6 - 13 years of experience

Interested in this particular role?

Last Updated: 30 Mar 2024

Companies similar to LIC Mutual Fund for Deputy Area Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Deputy Area Manager Salary 3 - 13 years exp. (4 salaries)	₹4.1 L/yr - ₹7 L/yr 25% less
Bajaj Finserv Deputy Area Manager Salary 3 - 9 years exp. (115 salaries)	₹4.8 L/yr - ₹11.5 L/yr 3% more
Login to view exact salary
Bajaj Allianz Life Insurance Deputy Area Manager Salary 5 - 12 years exp. (134 salaries)	₹4.5 L/yr - ₹6.5 L/yr 24% less
Bajaj Finance Deputy Area Manager Salary 4 - 10 years exp. (125 salaries)	₹5.4 L/yr - ₹11.3 L/yr 11% more
Sonalika Tractors Deputy Area Manager Salary 7 - 15 years exp. (76 salaries)	₹6.5 L/yr - ₹14.2 L/yr 53% more

Deputy Area Manager salary at LIC Mutual Fund ranges between ₹4 Lakhs to ₹9.1 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Deputy Area Manager salaries

Last Updated: 30 Mar 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.3 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹11.7 L/yr
Login to view exact salary
8 years (3 salaries)	₹5.3 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹12.4 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹13.4 L/yr
13 years (3 salaries)	₹7.2 L/yr - ₹9.1 L/yr

View all

Similar Designation salaries in LIC Mutual Fund

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Area Manager Salary

(18 salaries)

₹6.8 L/yr - ₹16.17 L/yr

Senior Sales Manager Salary

(9 salaries)

₹6 L/yr - ₹13 L/yr

Area Sales Manager Salary

(3 salaries)

₹11.3 L/yr - ₹15 L/yr

Relationship Manager Salary

(53 salaries)

₹2 L/yr - ₹5.9 L/yr

Sales Manager Salary

(36 salaries)

₹3.25 L/yr - ₹7.75 L/yr

Branch Manager Salary

(6 salaries)

₹7.6 L/yr - ₹9.76 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Area Head Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for LIC Mutual Fund

4.0

Rated by 1 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.

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.

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.

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.

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..

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.

Company culture - Good

+1 more

Dislikes

No training, no hand holding

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about LIC Mutual Fund?

Ask anonymously on communities.

LIC Mutual Fund Deputy Area Manager Salary FAQs

What is the salary of Deputy Area Manager at LIC Mutual Fund?

Deputy Area Manager salary at LIC Mutual Fund in India ranges between ₹4.0 Lakhs to ₹9.1 Lakhs for experience between 6 years to 13 years. According to our estimates it is 7% less than the average Deputy Area Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of LIC Mutual Fund India.

How does the salary of a Deputy Area Manager at LIC Mutual Fund India compare with the average salary range for this job?

The average salary of a Deputy Area Manager at LIC Mutual Fund is 7% less than the average salary of a Deputy Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than LIC Mutual Fund to a Deputy Area Manager in India?

Sonalika Tractors Deputy Area Manager Salary - ₹6.5 Lakhs to ₹14.2 Lakhs per year
Bajaj Finance Deputy Area Manager Salary - ₹5.4 Lakhs to ₹11.3 Lakhs per year
Bajaj Finserv Deputy Area Manager Salary - ₹4.8 Lakhs to ₹11.5 Lakhs per year

What is the salary of a Deputy Area Manager in companies similar to LIC Mutual Fund in India?

Bajaj Allianz Life Insurance Deputy Area Manager Salary - ₹4.5 Lakhs to ₹6.5 Lakhs per year
Kotak Mahindra Bank Deputy Area Manager Salary - ₹4.1 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Deputy Area Manager at LIC Mutual Fund in India?

The estimated take-home salary of a Deputy Area Manager at LIC Mutual Fund ranges between ₹54,650 per month to ₹56,015 per month in India. The take-home salary calculation is based on the average LIC Mutual Fund Deputy Area Manager salary in India which ranges between ₹4.0 Lakhs to ₹9.1 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Deputy Area Manager at LIC Mutual Fund?

According to AmbitionBox, 100% of the LIC Mutual Fund Deputy Area Managers reported a notice period of 3 Months.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

LIC Mutual Fund Deputy Area Manager Salaries by Location

Home >
Salaries >
LIC Mutual Fund Salaries >
LIC Mutual Fund Deputy Area Manager Salaries

LIC Mutual Fund Deputy Area Manager salary in India ranges between ₹4 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.