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Life Insurance Corporation of India Branch Head salaries in India (Updated 2025)

Annual salary range
8 - 20 years exp.
₹8 Lakhs - ₹23.9 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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Monthly In-hand Salary

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36% more than the average Branch Head Salary in Insurance Companies for 8 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Head Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹14 L/yr

Marketing & Communication
Branch Head Salary
8 years exp. (AmbitionBox Estimate)
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₹27 L/yr - ₹33 L/yr

Sales & Business Development
Branch Head Salary
14 years exp. (AmbitionBox Estimate)
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₹10.6 L/yr - ₹13 L/yr

Last Updated: 19 Jan 2025

Companies similar to Life Insurance Corporation of India for Branch Head

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

5 - 18 years exp. (167 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 37% less
1 job opening
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₹8 L/yr - ₹17 L/yr

arrow icon 12% less
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₹5.6 L/yr - ₹15.5 L/yr

arrow icon 24% less
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Tata AIA Life Insurance Branch Head Salary

9 - 23 years exp. (32 salaries)

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₹8.3 L/yr - ₹15.5 L/yr

arrow icon 17% less
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Bajaj Allianz Life Insurance Branch Head Salary

8 - 17 years exp. (32 salaries)

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₹6 L/yr - ₹13 L/yr

arrow icon 41% less
2 job openings
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₹6 L/yr - ₹12 L/yr

arrow icon 41% less
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SBI Life Insurance Company Branch Head Salary

10 - 20 years exp. (26 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 29% less
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₹6.7 L/yr - ₹14 L/yr

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

11 - 20 years exp. (21 salaries)

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₹9 L/yr - ₹17 L/yr

arrow icon 14% less
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Shriram Life Insurance Branch Head Salary

7 - 15 years exp. (16 salaries)

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₹4.5 L/yr - ₹8.5 L/yr

arrow icon 57% less
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₹6.5 L/yr - ₹10.8 L/yr

arrow icon 48% less
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₹8 L/yr - ₹9 L/yr

arrow icon 42% less
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₹8.5 L/yr - ₹14 L/yr

arrow icon 28% less
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HDFC Ergo General Insurance Branch Head Salary

10 - 16 years exp. (8 salaries)

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₹6.3 L/yr - ₹11.8 L/yr

arrow icon 33% less
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₹7.1 L/yr - ₹10.4 L/yr

arrow icon 35% 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

3d ago
₹30 Lakhs
8 years exp.
1y ago
₹10 Lakhs
12 years exp.
1y ago
₹8 Lakhs
20 years exp.
1y ago
₹11.8 Lakhs
14 years exp.
1y ago
₹10 Lakhs
15 years exp.
1y ago
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16 years exp.
1y ago
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16 years exp.

Experience wise Life Insurance Corporation of India Branch Head salaries

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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

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

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

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

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₹10 L/yr - ₹31.5 L/yr
View all

Similar Designation salaries in Life Insurance Corporation of India

Area Head Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Branch Manager Salary
(15 salaries)
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₹9.65 L/yr - ₹31 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Cluster Head Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
Area Manager Salary
(4 salaries)
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₹7.5 L/yr - ₹10 L/yr
Sales Manager Salary
(12 salaries)
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₹3.6 L/yr - ₹6.5 L/yr
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₹3 L/yr - ₹9.9 L/yr
Sales Officer Salary
(11 salaries)
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₹1 L/yr - ₹5 L/yr
Deputy Manager Salary
(5 salaries)
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₹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
  • 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

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.

  • Salary - Good
  • +1 more

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
  • Job security - Bad
  • +4 more
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Life Insurance Corporation of India Branch Head Salary FAQs

What is the salary of Branch Head at Life Insurance Corporation of India ?
The average salary of a Branch Head at Life Insurance Corporation of India in India typically ranges from ₹8.0 Lakhs to ₹23.9 Lakhs per year, depending on experience (from 8 years to 20 years).

The top 10% of Branch Head at Life Insurance Corporation of India earn more than ₹26.8 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Branch Head 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 7 Life Insurance Corporation of India employees in India.
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 in India typically ranges from ₹1,01,629 to ₹1,04,403 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹23.9 Lakhs per year for employees with experience ranging from 8 years to 20 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 7 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 are the key skills required to be a Branch Head at Life Insurance Corporation of India ?
To be a Branch Head at Life Insurance Corporation of India in india, the key skills required include:

  • - Life Insurance
  • - Insurance
  • - Branch Management
  • - Insurance Sales
  • - Heading Branch

These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.
What is the salary of a Branch Head in companies similar to Life Insurance Corporation of India in India?
The salary of a Branch Head 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:

Aditya Birla Sun Life Insurance ₹8.0 Lakhs to ₹17.0 Lakhs per year
Axis Max Life Insurance ₹9.0 Lakhs to ₹17.0 Lakhs per year
Tata AIA Life Insurance ₹8.3 Lakhs to ₹15.5 Lakhs per year
ICICI Prudential Life Insurance ₹5.6 Lakhs to ₹15.5 Lakhs per year
Kotak Mahindara Life Insurance ₹8.5 Lakhs to ₹14.0 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 Branch Head at Life Insurance Corporation of India in India?
The salary growth for a Branch Head at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Branch Head can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
8 years ₹9.5 Lakhs to ₹30.0 Lakhs per year
9 years ₹20.0 Lakhs to ₹25.6 Lakhs per year
10 years ₹18.6 Lakhs to ₹23.8 Lakhs per year
11 years ₹17.2 Lakhs to ₹21.9 Lakhs per year
and so on.

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.