LIC Mutual Fund Kolkata Relationship Manager Salaries by 6 Employees

2 - 6 years exp.

₹4 Lakhs - ₹5.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average Relationship Manager Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 2 - 6 years exp. (5 salaries)	₹4.8 L/yr - ₹5.6 L/yr
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Sales & Business Development Relationship Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.7 L/yr

Last Updated: 13 Sep 2024

Companies similar to LIC Mutual Fund for Relationship Manager in Kolkata

LIC Mutual Fund Relationship Manager Salary

2 - 6 years exp. (6 salaries)

₹4 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (95 salaries)	₹2 L/yr - ₹5.1 L/yr 14% less	13 job openings
ICICI Securities Relationship Manager Salary 0 - 5 years exp. (18 salaries)	₹2 L/yr - ₹8 L/yr 3% more
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Sharekhan Relationship Manager Salary 1 - 11 years exp. (15 salaries)	₹2 L/yr - ₹4.2 L/yr 13% less
Edelweiss Relationship Manager Salary 1 - 7 years exp. (13 salaries)	₹2.8 L/yr - ₹5.8 L/yr 8% less
Bajaj Capital Relationship Manager Salary 0 - 7 years exp. (11 salaries)	₹2 L/yr - ₹5.5 L/yr 3% less	16 job openings
Religare Relationship Manager Salary 0 - 4 years exp. (11 salaries)	₹2 L/yr - ₹4 L/yr 20% less	4 job openings
Aditya Birla Capital Relationship Manager Salary 0 - 8 years exp. (9 salaries)	₹2.5 L/yr - ₹7 L/yr 1% more
Motilal Oswal Relationship Manager Salary 0 - 6 years exp. (6 salaries)	₹2.3 L/yr - ₹3.5 L/yr 31% less
Reliance Capital Relationship Manager Salary 1 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹4.5 L/yr 21% less	1 job opening
Nippon Life India Asset Management Relationship Manager Salary 2 - 9 years exp. (4 salaries)	₹4 L/yr - ₹6.9 L/yr 19% more	28 job openings

Relationship Manager salary at LIC Mutual Fund ranges between ₹4 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of LIC Mutual Fund.

Experience wise LIC Mutual Fund Relationship Manager salaries in Kolkata

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in LIC Mutual Fund

Sales Manager Salary

(3 salaries)

₹4.5 L/yr - ₹5.75 L/yr

Salary related reviews for LIC Mutual Fund

3.3

Rated by 2 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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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LIC Mutual Fund Relationship Manager Salary FAQs

What is the salary of Relationship Manager at LIC Mutual Fund in Kolkata?

The average salary of a Relationship Manager at LIC Mutual Fund in Kolkata typically ranges from ₹4.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Relationship Manager in Kolkata at LIC Mutual Fund earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Relationship Manager 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 6 LIC Mutual Fund employees in India.

What is the estimated take home salary of a Relationship Manager at LIC Mutual Fund in Kolkata?

The estimated take-home salary of a Relationship Manager at LIC Mutual Fund in Kolkata typically ranges from ₹33,508 to ₹34,770 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 2 years 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 6 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 Relationship Manager in India?

Nippon Life India Asset Management	₹4.0 Lakhs to ₹6.9 Lakhs per year
ICICI Securities	₹2.0 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Capital	₹2.5 Lakhs to ₹7.0 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 Relationship Manager in companies similar to LIC Mutual Fund in Kolkata?

The salary of a Relationship Manager at companies similar to LIC Mutual Fund in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Capital	₹2.0 Lakhs to ₹5.5 Lakhs per year
Edelweiss	₹2.8 Lakhs to ₹5.8 Lakhs per year
Sharekhan	₹2.0 Lakhs to ₹4.2 Lakhs per year
Motilal Oswal Financial Services	₹2.0 Lakhs to ₹5.1 Lakhs per year
Religare	₹2.0 Lakhs to ₹4.0 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 Relationship Manager at LIC Mutual Fund in Kolkata?

The salary growth for a Relationship Manager at LIC Mutual Fund in Kolkata depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Kolkata can expect the following growth trajectory at LIC Mutual Fund:

Experience	Average Salary Range
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.2 Lakhs per year

and so on.

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LIC Mutual Fund Relationship Manager Salaries in Kolkata

LIC Mutual Fund Relationship Manager salary in Kolkata ranges between ₹4 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.