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Life Insurance Corporation of India Assistant salaries in Bangalore / Bengaluru

Annual salary range
1 - 3 years exp.
₹4.2 Lakhs - ₹5.3 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 (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 12 Mar 2023

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Life Insurance Corporation of India Assistant Salary

1 - 3 years exp. (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr

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Assistant salary at Life Insurance Corporation of India ranges between ₹4.2 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 2 latest salaries received from various employees of Life Insurance Corporation of India.
Life Insurance Corporation of India Assistant Salary and Career Growth

From

To

Assistant

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0 - 6 years exp.

Branch Manager

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15 - 31 years exp.

Assistant

0 - 6 years exp.
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Development Officer

0 - 10 years exp.
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arrow icon 103% hike

Assistant Branch Manager

9 - 19 years exp.
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arrow icon 9% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Life Insurance Corporation of India

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₹2.4 L/yr - ₹3.5 L/yr
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₹2.05 L/yr - ₹5.05 L/yr
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₹0.85 L/yr - ₹5 L/yr

Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 1 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 10 May 2018

2.0
 for  Salary and Benefits

Likes

...d Pratapgarh branch in post financial services executive Banccassurence channel.its company no job security and no career growth, and no salary enough,. This company good work environment and innovation.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

The Lic of India a big company insurance sector but no job security and life . The Lic of India a chitting company for employee because a large employee selections contractual basis employee and any time works out in company.

read more
  • Salary - Poor
  • +3 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 Salary FAQs

How the salary growth look like for a Assistant at Life Insurance Corporation of India in Bangalore / Bengaluru?
The salary growth for a Assistant at Life Insurance Corporation of India in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Assistant in Bangalore / Bengaluru can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
1 year ₹4.2 Lakhs to ₹5.4 Lakhs per year
2 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
3 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
and so on.

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Life Insurance Corporation of India Assistant salary in Bangalore / Bengaluru ranges between ₹4.2 Lakhs to ₹5.3 Lakhs. This is an estimate based on latest salaries received from employees of Life Insurance Corporation of India.