Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Life Insurance Corporation of India Team. If you also belong to the team, you can get access from here
4.4

based on 1.8k Reviews

filter salariesFilter salaries by

Life Insurance Corporation of India Branch Head salaries in India

Annual salary range
8 - 20 years exp.
₹8 Lakhs - ₹23.9 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

38% more than the average Branch Head Salary in Insurance Companies for 8 - 20 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Branch Head Salary
15 - 16 years exp. (AmbitionBox Estimate)
unlock-blur

₹10 L/yr - ₹14 L/yr

Marketing & Communication
Branch Head Salary
8 years exp. (AmbitionBox Estimate)
unlock-blur

₹27 L/yr - ₹33 L/yr

Sales & Business Development
Branch Head Salary
14 years exp. (AmbitionBox Estimate)
unlock-blur

₹10.6 L/yr - ₹13 L/yr

Last Updated: 29 Dec 2024

Companies similar to Life Insurance Corporation of India for Branch Head

Company name Avg Annual Salary Open Jobs
Logo
HDFC Life Branch Head Salary

6 - 17 years exp. (153 salaries)

unlock blur

₹5.6 L/yr - ₹12 L/yr

arrow icon 37% less
1 job opening
unlock blur

₹5.4 L/yr - ₹15.5 L/yr

arrow icon 27% less
Logo
SBI Life Insurance Company Branch Head Salary

8 - 20 years exp. (27 salaries)

unlock blur

₹5 L/yr - ₹15 L/yr

arrow icon 36% less
Logo
Max Life Insurance Branch Head Salary

8 - 20 years exp. (27 salaries)

unlock blur

₹9 L/yr - ₹17 L/yr

arrow icon 14% less
Logo
Bajaj Allianz Life Insurance Branch Head Salary

8 - 17 years exp. (30 salaries)

unlock blur

₹6 L/yr - ₹13 L/yr

arrow icon 41% less
unlock blur

₹8.5 L/yr - ₹14 L/yr

arrow icon 28% less
unlock blur

₹6 L/yr - ₹12 L/yr

arrow icon 42% less
Logo
Tata AIA Life Insurance Branch Head Salary

9 - 21 years exp. (29 salaries)

unlock blur

₹8.3 L/yr - ₹16.1 L/yr

arrow icon 17% less
Logo
PNB MetLife Branch Head Salary

17 - 21 years exp. (4 salaries)

unlock blur

₹9.5 L/yr - ₹12.5 L/yr

arrow icon 22% less
Logo
unlock blur

₹8.6 L/yr - ₹17 L/yr

arrow icon 18% less
unlock blur

₹6.7 L/yr - ₹13 L/yr

arrow icon 36% less
Logo
Care Health Insurance Branch Head Salary

3 - 19 years exp. (23 salaries)

unlock blur

₹5.5 L/yr - ₹10.5 L/yr

arrow icon 52% less
Logo
Shriram Life Insurance Branch Head Salary

7 - 13 years exp. (16 salaries)

unlock blur

₹4.4 L/yr - ₹7.7 L/yr

arrow icon 60% less
unlock blur

₹6.5 L/yr - ₹10.6 L/yr

arrow icon 48% less
unlock blur

₹8 L/yr - ₹9 L/yr

arrow icon 42% less
Logo
HDFC Ergo General Insurance Branch Head Salary

10 - 16 years exp. (8 salaries)

unlock blur

₹6.3 L/yr - ₹11.8 L/yr

arrow icon 35% less
unlock blur

₹7.1 L/yr - ₹10.4 L/yr

arrow icon 34% less
Branch Head salary at Life Insurance Corporation of India ranges between ₹8 Lakhs to ₹23.9 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Branch Head

2w ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
20 years exp.
1y ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
16 years exp.
1y ago
avg blur mobile
16 years exp.

Experience wise Life Insurance Corporation of India Branch Head salaries

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

unlock blur

₹9.5 L/yr - ₹30 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹20 L/yr - ₹25.6 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹18.6 L/yr - ₹23.8 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹17.2 L/yr - ₹21.9 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹10 L/yr - ₹31.5 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

Area Head Salary
(AmbitionBox Estimate)
unlock blur
₹8.1 L/yr - ₹10.4 L/yr
Branch Manager Salary
(19 salaries)
unlock blur
₹12.31 L/yr - ₹28 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
unlock blur
₹4.1 L/yr - ₹5.3 L/yr
Cluster Head Salary
(AmbitionBox Estimate)
unlock blur
₹10.8 L/yr - ₹13.8 L/yr
Accountant Salary
(4 salaries)
unlock blur
₹1 L/yr - ₹2.4 L/yr
Area Manager Salary
(4 salaries)
unlock blur
₹7.5 L/yr - ₹10 L/yr
Sales Manager Salary
(19 salaries)
unlock blur
₹2 L/yr - ₹6.5 L/yr
unlock blur
₹3 L/yr - ₹6 L/yr
Sales Officer Salary
(12 salaries)
unlock blur
₹1 L/yr - ₹5 L/yr
Deputy Manager Salary
(5 salaries)
unlock blur
₹2.35 L/yr - ₹9.28 L/yr

Top skills at Life Insurance Corporation of India for Branch Head

Life Insurance Insurance Branch Management Insurance Sales Heading Branch Agency Sales Ach

Salary related reviews for Life Insurance Corporation of India

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Life Insurance Corporation of India Branch Head Salary FAQs

What is the salary of Branch Head at Life Insurance Corporation of India?
Branch Head salary at Life Insurance Corporation of India in India ranges between ₹8.0 Lakhs to ₹23.9 Lakhs for experience between 8 years to 20 years. According to our estimates it is 38% more than the average Branch Head Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Branch Head at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Branch Head at Life Insurance Corporation of India is 38% more than the average salary of a Branch Head in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Head at Life Insurance Corporation of India?
Life Insurance, Insurance, Branch Management, Insurance Sales and Heading Branch are some of the popular skills required to work as a Branch Head at Life Insurance Corporation of India India.
What is the salary of a Branch Head in companies similar to Life Insurance Corporation of India in India?
  • Max Life Insurance Branch Head Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
  • Tata AIA Life Insurance Branch Head Salary - ₹8.3 Lakhs to ₹16.1 Lakhs per year
  • Aditya Birla Sun Life Insurance Branch Head Salary - ₹8.6 Lakhs to ₹17.0 Lakhs per year
  • PNB MetLife Branch Head Salary - ₹9.5 Lakhs to ₹12.5 Lakhs per year
  • ICICI Prudential Life Insurance Branch Head Salary - ₹5.4 Lakhs to ₹15.5 Lakhs per year
What is the estimated take home salary of a Branch Head at Life Insurance Corporation of India in India?
The estimated take-home salary of a Branch Head at Life Insurance Corporation of India ranges between ₹1,01,629 per month to ₹1,04,403 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Branch Head salary in India which ranges between ₹8.0 Lakhs to ₹23.9 Lakhs per year for employees with experience between 8 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Branch Head at Life Insurance Corporation of India?
According to AmbitionBox, 33% of the Life Insurance Corporation of India Branch Heads reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Branch Head salary in India ranges between ₹8 Lakhs to ₹23.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.