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Life Insurance Corporation of India Salaries in Ahmedabad (Updated 2025)

based on 82 latest salaries
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Designation Avg Annual Salary Open Jobs
1 - 20 years exp. · Ahmedabad (16 salaries)
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₹1 L/yr - ₹8 L/yr

1 - 5 years exp. · Ahmedabad (8 salaries)
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₹0.7 L/yr - ₹4.7 L/yr

1 - 7 years exp. · Ahmedabad (5 salaries)
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₹0.6 L/yr - ₹3.5 L/yr

1 - 6 years exp. · Ahmedabad (4 salaries)
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₹1 L/yr - ₹3 L/yr

Starting your career? Discover Life Insurance Corporation of India fresher salaries in India
12 - 17 years exp. · Ahmedabad (3 salaries)
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₹4.5 L/yr - ₹5 L/yr

2 - 5 years exp. · Ahmedabad (3 salaries)
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₹1.2 L/yr - ₹2.3 L/yr

1 - 2 years exp. · Ahmedabad (3 salaries)
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₹3 L/yr - ₹10 L/yr

1 - 3 years exp. · Ahmedabad (3 salaries)
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₹2.4 L/yr - ₹2.6 L/yr

3 - 4 years exp. · Ahmedabad (3 salaries)
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₹1.2 L/yr - ₹2.5 L/yr

1 - 2 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.5 L/yr

1 - 2 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.4 L/yr

8 - 10 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.1 L/yr

3 - 5 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.1 L/yr

10 - 11 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

2 - 19 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

1 - 2 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹2 L/yr - ₹3.6 L/yr

Fresher · Ahmedabad (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

21 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Fresher · Ahmedabad (AmbitionBox Estimate)
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₹0.7 L/yr - ₹0.9 L/yr

9 years exp. · Ahmedabad (AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

Last Updated: 16 Mar, 2025

Salary related reviews for Life Insurance Corporation of India

3.2

Rated by 22 employees for salary & benefits

Other Department

5.0
  •  posted on 10 Dec 2018

3.0
 for  Salary and Benefits

Likes

Training;job security;salary;career growth;work life balance are most liking area of Lic of India.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

There is little bit area of dislike in appraisals; conservative work norms;improvement of training level.

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 19 Jul 2024

5.0
 for  Salary and Benefits

Likes

Good bonus Good incentives Respect given by whole team of LIC Good guidance and counselling and training sessions at LIC office

read more
  • Salary - Excellent
  • +3 more

Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

  • Job security - Excellent
  • +3 more

Dislikes

...e Teams. 2. Other benefits, which are not upto the standards or satisfaction. 3. No Festival bonuses/ annual bonuses. 4. No Family bonus 5. No clarity about Pension

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  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 20 Feb 2023

3.0
 for  Salary and Benefits

Likes

Good company in terms of the pay and benefits, but at a heavy price.

Dislikes

All the rules and restrictions/punishment are imposed only on class 2 officers of the organisation. Targets are imposed only on development officers.

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  • Skill development - Poor
  • +5 more

Full Time

 · 

Construction & Site Engineering Department

5.0
  •  posted on 24 Apr 2022

5.0
 for  Salary and Benefits

Likes

...us, we need to complete basic target - can be achieved easily to retain licence. We as agents, upon reaching membership target's, we receive bonus, advances & other benefits.

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  • Salary - Excellent
  • +6 more

Dislikes

In this competitive industry, we need to implement new combination policies like pvt companies, which gives multiple benefit options to choose for customer & we need to upgrade in digital marketing/Easy ways to receive customer feedback, requests, their suggestions etc. We need to cut off those lengthy process in different sections.

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Life Insurance Corporation of India interview questions by designations

Life Insurance Corporation of India Salary FAQs

How much does Life Insurance Corporation of India pay to its employees?
The average annual salary at Life Insurance Corporation of India varies depending on the role, experience, and location. The salary ranges for some popular designations at Life Insurance Corporation of India, are as follows:

Insurance Adviser ₹1 Lakhs to ₹8 Lakhs per year
Agent ₹0.7 Lakhs to ₹4.7 Lakhs per year
Insurance Agent ₹0.6 Lakhs to ₹3.5 Lakhs per year
LIC Advisor ₹1 Lakhs to ₹3 Lakhs per year

The highest-paying role, Senior Business Associate, earns between ₹14 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹31 Lakhs per year. Salaries at Life Insurance Corporation of India 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 salary estimates are based on data from 82 salaries submitted by Life Insurance Corporation of India employees. Life Insurance Corporation of India is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Life Insurance Corporation of India in Ahmedabad?
The salary of a fresher at Life Insurance Corporation of India in Ahmedabad typically ranges from ₹1.2 Lakh to ₹9.6 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Development Officer Salary ₹4.6 Lakhs to ₹9.6 Lakhs per year
Fresher as a Financial Advisor Salary ₹1.2 Lakhs to ₹4.5 Lakhs per year
Fresher as a LIC Agent Salary ₹1.5 Lakhs to ₹3.5 Lakhs per year
Fresher as a Telecalling Executive Salary ₹1.2 Lakhs to ₹1.9 Lakhs per year

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Average annual salary in Life Insurance Corporation of India , Ahmedabad is INRunlock blur . Salary estimates are based on 80+ Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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