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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Assistant Branch Sales Manager salaries in India

Annual salary range
11 - 14 years exp.
₹2.6 Lakhs - ₹6.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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21% more than the average Assistant Branch Sales Manager Salary in Insurance Companies for 11 - 14 years of experience

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Last Updated: 30 Aug 2024

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Assistant Branch Sales Manager salary at Life Insurance Corporation of India ranges between ₹2.6 Lakhs to ₹6.8 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Assistant Branch Sales Manager

3mo ago
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14 years exp.
1y ago
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11 years exp.
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11 years exp.

Experience wise Life Insurance Corporation of India Assistant Branch Sales Manager salaries

Last Updated: 30 Aug 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5 L/yr
12 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr
13 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.3 L/yr
14 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹6.8 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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₹8 L/yr - ₹9.94 L/yr
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₹3 L/yr - ₹6 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
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₹2 L/yr - ₹4 L/yr
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₹2.6 L/yr - ₹4.1 L/yr
Branch Manager Salary
(19 salaries)
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₹12.31 L/yr - ₹28 L/yr
Sales Manager Salary
(19 salaries)
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₹2 L/yr - ₹6.5 L/yr
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₹2.15 L/yr - ₹5 L/yr
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₹1 L/yr - ₹5.75 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 1 employees for salary & benefits

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

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

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

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

read more

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.

read 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.

read 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.

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 31 Oct 2022

4.0
 for  Salary and Benefits

Likes

Daispora of LICI. Salary and Perks. Free to work.

Dislikes

No job security at ADO/PDO post. Work life balance (what is it ?). Forget about help from colleague. If you are from sound and wealthy background just dive in.

read more
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Life Insurance Corporation of India Assistant Branch Sales Manager Salary FAQs

What is the notice period for Assistant Branch Sales Manager at Life Insurance Corporation of India?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Assistant Branch Sales Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Assistant Branch Sales Manager salary in India ranges between ₹2.6 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.