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Life Insurance Corporation of India Assistant Sales Manager salaries in India (Updated 2025)

Annual salary range
5 - 8 years exp.
₹3.3 Lakhs - ₹13 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.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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25% more than the average Assistant Sales Manager Salary in Insurance Companies for 5 - 8 years of experience

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Last Updated: 10 Feb 2025

Companies similar to Life Insurance Corporation of India for Assistant Sales Manager

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₹4 L/yr - ₹5.8 L/yr

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₹2.5 L/yr - ₹5 L/yr

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₹2.6 L/yr - ₹5.3 L/yr

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₹1.8 L/yr - ₹3.5 L/yr

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₹2.4 L/yr - ₹3 L/yr

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₹2.3 L/yr - ₹4.1 L/yr

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₹5.8 L/yr - ₹9.1 L/yr

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₹3 L/yr - ₹4.4 L/yr

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₹3.5 L/yr - ₹7.5 L/yr

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₹1.9 L/yr - ₹8 L/yr

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₹2.9 L/yr - ₹5.5 L/yr

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Assistant Sales Manager salary at Life Insurance Corporation of India ranges between ₹3.3 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

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

3d ago
₹13 Lakhs
8 years exp.
3mo ago
₹12 Lakhs
7 years exp.
6mo ago
₹4.6 Lakhs
6 years exp.
1y ago
₹3.3 Lakhs
5 years exp.

Experience wise Life Insurance Corporation of India Assistant Sales Manager salaries

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹9.7 L/yr
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)

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₹13 L/yr - ₹13 L/yr

Similar Designation salaries in Life Insurance Corporation of India

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₹5.4 L/yr - ₹6.9 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Sales Manager Salary
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Store Manager Salary
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Salary related reviews for Life Insurance Corporation of India

5.0
  •  posted on 25 Jul 2018

3.0
 for  Salary and Benefits

Likes

Very Hard subject with Smart work (it’s not for all......!) It’s an open market but not for all who knows the pulse of market and customer portfolio they can sustain under this umbrella, other wise it’s an ocian for them they cont reach there’s destination part It’s an easy subject but but very toughf ! Who don’t know basic things

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary is the main part of every one career but in this domain very low salaries and long working hours

read more

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

read more
  • 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.

read more
  • 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.

read more
  • 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.

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

What is the salary of Assistant Sales Manager at Life Insurance Corporation of India ?
The average salary of a Assistant Sales Manager at Life Insurance Corporation of India in India typically ranges from ₹3.3 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Assistant Sales Manager at Life Insurance Corporation of India earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Assistant Sales Manager 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 estimates are based on salary data submitted by 4 Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Assistant Sales Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Assistant Sales Manager at Life Insurance Corporation of India in India typically ranges from ₹57,518 to ₹58,965 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 4 salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Assistant Sales Manager in companies similar to Life Insurance Corporation of India in India?
The salary of a Assistant Sales Manager at companies similar to Life Insurance Corporation of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz General Insurance ₹5.8 Lakhs to ₹9.1 Lakhs per year
SBI Life Insurance Company ₹1.9 Lakhs to ₹8.0 Lakhs per year
ICICI Lombard General Insurance Company ₹3.5 Lakhs to ₹7.5 Lakhs per year
Aditya Birla Insurance Brokers ₹2.9 Lakhs to ₹5.5 Lakhs per year
HDFC Life ₹2.5 Lakhs to ₹5.5 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 Assistant Sales Manager at Life Insurance Corporation of India in India?
The salary growth for a Assistant Sales Manager at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Assistant Sales Manager can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
5 years ₹3.3 Lakhs to ₹3.3 Lakhs per year
6 years ₹4.6 Lakhs to ₹9.7 Lakhs per year
7 years ₹3.8 Lakhs to ₹12.0 Lakhs per year
8 years ₹13.0 Lakhs to ₹13.0 Lakhs per year
and so on.

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Life Insurance Corporation of India Assistant Sales Manager salary in India ranges between ₹3.3 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.