Upload Button Icon Add office photos
filter salariesFilter salaries by

LIC Mutual Fund Senior Sales Manager salaries in India

Annual salary range
4 - 18 years exp.
₹6 Lakhs - ₹13 Lakhs
Salary of majority employees
unlock blur
unlock blur

24% less than the average Senior Sales Manager Salary in Financial Services Companies for 4 - 18 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Senior Sales Manager Salary
4 - 17 years exp. (4 salaries)
unlock-blur

₹6 L/yr - ₹11 L/yr

Sales & Business Development
Senior Sales Manager Salary
7 - 18 years exp. (3 salaries)
unlock-blur

₹6.6 L/yr - ₹13 L/yr

Finance & Accounting
Senior Sales Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
unlock-blur

₹6.6 L/yr - ₹8.8 L/yr

Last Updated: 11 Dec 2024

Companies similar to LIC Mutual Fund for Senior Sales Manager

Company name Avg Annual Salary Open Jobs
Logo
ICICI Securities Senior Sales Manager Salary

0 - 7 years exp. (270 salaries)

unlock blur

₹2 L/yr - ₹4.5 L/yr

arrow icon 54% less
Logo
Bajaj Finserv Senior Sales Manager Salary

2 - 9 years exp. (79 salaries)

unlock blur

₹3.3 L/yr - ₹9 L/yr

arrow icon 15% less
Logo
unlock blur

₹3.2 L/yr - ₹8.9 L/yr

arrow icon 36% less
unlock blur

₹4 L/yr - ₹8 L/yr

arrow icon 26% less
Logo
Edelweiss Senior Sales Manager Salary

2 - 15 years exp. (7 salaries)

unlock blur

₹5 L/yr - ₹12 L/yr

arrow icon 11% more
Logo
JM Financial Senior Sales Manager Salary

2 - 13 years exp. (6 salaries)

unlock blur

₹3.5 L/yr - ₹7.3 L/yr

arrow icon 33% less
Logo
Sharekhan Senior Sales Manager Salary

0 - 16 years exp. (5 salaries)

unlock blur

₹3.5 L/yr - ₹14 L/yr

At par
Logo
Reliance Capital Senior Sales Manager Salary

4 - 15 years exp. (3 salaries)

unlock blur

₹3.2 L/yr - ₹5 L/yr

arrow icon 51% less
Logo
Religare Senior Sales Manager Salary

2 - 4 years exp. (3 salaries)

unlock blur

₹3.1 L/yr - ₹5.2 L/yr

arrow icon 49% less
Logo
Alankit Senior Sales Manager Salary

17 - 18 years exp. (3 salaries)

unlock blur

₹11 L/yr - ₹15.5 L/yr

arrow icon 60% more
Senior Sales Manager salary at LIC Mutual Fund ranges between ₹6 Lakhs to ₹13 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 9 latest salaries received from various employees of LIC Mutual Fund.

Latest annual salaries shared by LIC Mutual Fund Senior Sales Manager

2mo ago
avg blur mobile
18 years exp.
4mo ago
avg blur mobile
13 years exp.
6mo ago
avg blur mobile
17 years exp.
6mo ago
avg blur mobile
10 years exp.
11mo ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
16 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
7 years exp.

Experience wise LIC Mutual Fund Senior Sales Manager salaries

Last Updated: 11 Dec 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

unlock blur

₹6 L/yr - ₹12.1 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹6.2 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹6.4 L/yr - ₹8.1 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹6.6 L/yr - ₹13.1 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹7 L/yr - ₹13.4 L/yr
View all

Similar Designation salaries in LIC Mutual Fund

unlock blur
₹11.3 L/yr - ₹15 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
unlock blur
₹18 L/yr - ₹23 L/yr
Sales Manager Salary
(31 salaries)
unlock blur
₹3.25 L/yr - ₹6.66 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹6.8 L/yr - ₹8.6 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
unlock blur
₹3.6 L/yr - ₹4.6 L/yr
Branch Manager Salary
(6 salaries)
unlock blur
₹6.35 L/yr - ₹10.5 L/yr
Area Manager Salary
(18 salaries)
unlock blur
₹6.8 L/yr - ₹16.17 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
unlock blur
₹8.3 L/yr - ₹10.6 L/yr
unlock blur
₹3 L/yr - ₹5.9 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for LIC Mutual Fund

3.1

Rated by 5 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

Discover interview dos and don'ts from real experiences

LIC Mutual Fund Senior Sales Manager Salary FAQs

What is the salary of Senior Sales Manager at LIC Mutual Fund ?
The average salary of a Senior Sales Manager at LIC Mutual Fund in India typically ranges from ₹6.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 4 years to 18 years).

The top 10% of Senior Sales Manager at LIC Mutual Fund earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Senior Sales 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 9 LIC Mutual Fund employees in India.
What is the estimated take home salary of a Senior Sales Manager at LIC Mutual Fund in India?
The estimated take-home salary of a Senior Sales Manager at LIC Mutual Fund in India typically ranges from ₹58,552 to ₹60,028 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 4 years to 18 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 9 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 Senior Sales Manager in India?
Alankit ₹11.0 Lakhs to ₹15.5 Lakhs per year
Edelweiss ₹5.0 Lakhs to ₹12.0 Lakhs per year
Sharekhan ₹3.5 Lakhs to ₹14.0 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 Senior Sales Manager in companies similar to LIC Mutual Fund in India?
The salary of a Senior Sales Manager at companies similar to LIC Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv ₹3.3 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Financial Services ₹4.0 Lakhs to ₹8.0 Lakhs per year
JM Financial ₹3.5 Lakhs to ₹7.3 Lakhs per year
Aditya Birla Capital ₹3.2 Lakhs to ₹8.9 Lakhs per year
Religare ₹3.1 Lakhs to ₹5.2 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 Senior Sales Manager at LIC Mutual Fund in India?
The salary growth for a Senior Sales Manager at LIC Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Senior Sales Manager can expect the following growth trajectory at LIC Mutual Fund:

Experience Average Salary Range
4 years ₹6.0 Lakhs to ₹12.1 Lakhs per year
5 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
6 years ₹6.4 Lakhs to ₹8.1 Lakhs per year
7 years ₹6.6 Lakhs to ₹13.1 Lakhs per year
and so on.

Tell us how to improve this page.

LIC Mutual Fund Senior Sales Manager salary in India ranges between ₹6 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 LIC Mutual Fund latest salaries received from various employees of LIC Mutual Fund.