Life Insurance Corporation of India Kolkata Branch Manager Salaries by 4 Employees (Updated 2025)

18 - 31 years exp.

₹13 Lakhs - ₹26 Lakhs

Salary of majority employees

66% more than the average Branch Manager Salary in Insurance Companies for 18 - 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 23 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.9 L/yr
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Sales & Business Development Branch Manager Salary 30 years exp. (AmbitionBox Estimate)	₹15.6 L/yr - ₹24 L/yr

Last Updated: 5 Nov 2024

Companies similar to Life Insurance Corporation of India for Branch Manager in Kolkata

Life Insurance Corporation of India Branch Manager Salary

18 - 31 years exp. (4 salaries)

₹13 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life Branch Manager Salary 6 - 18 years exp. (23 salaries)	₹6.3 L/yr - ₹11.7 L/yr 47% less
SBI Life Insurance Company Branch Manager Salary 11 - 20 years exp. (7 salaries)	₹6.5 L/yr - ₹11.2 L/yr 43% less
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Max Life Insurance Branch Manager Salary 10 - 13 years exp. (4 salaries)	₹8.3 L/yr - ₹11 L/yr 43% less	1 job opening
Bajaj Allianz Life Insurance Branch Manager Salary 10 - 16 years exp. (5 salaries)	₹5.5 L/yr - ₹13.5 L/yr 47% less
Kotak Mahindara Life Insurance Branch Manager Salary 7 - 18 years exp. (16 salaries)	₹5 L/yr - ₹12.8 L/yr 50% less	2 job openings
Tata AIA Life Insurance Branch Manager Salary 9 - 19 years exp. (18 salaries)	₹8 L/yr - ₹16 L/yr 31% less	17 job openings
Reliance Nippon Life Insurance Branch Manager Salary 8 - 19 years exp. (34 salaries)	₹4.5 L/yr - ₹10 L/yr 58% less
Aviva Life Insurance India Branch Manager Salary 9 - 22 years exp. (7 salaries)	₹7 L/yr - ₹12.8 L/yr 43% less
Star Health & Allied Insurance Branch Manager Salary 7 - 17 years exp. (16 salaries)	₹5 L/yr - ₹9 L/yr 58% less	1 job opening
Cholamandalam MS General Insurance Branch Manager Salary 3 - 10 years exp. (11 salaries)	₹3.5 L/yr - ₹7.4 L/yr 69% less
Aditya Birla Health Insurance Co Branch Manager Salary 8 - 15 years exp. (11 salaries)	₹7.2 L/yr - ₹10 L/yr 51% less
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PNB MetLife Branch Manager Salary 11 - 19 years exp. (9 salaries)	₹7.5 L/yr - ₹11 L/yr 48% less
HDFC Ergo General Insurance Branch Manager Salary 9 - 18 years exp. (8 salaries)	₹7 L/yr - ₹12 L/yr 49% less
ICICI Lombard General Insurance Company Branch Manager Salary 8 - 12 years exp. (7 salaries)	₹7 L/yr - ₹10 L/yr 51% less
Aditya Birla Sun Life Insurance Branch Manager Salary 5 - 12 years exp. (7 salaries)	₹5.3 L/yr - ₹11 L/yr 55% less
Shriram Life Insurance Branch Manager Salary 6 - 11 years exp. (3 salaries)	₹4.5 L/yr - ₹9 L/yr 69% less	2 job openings

Branch Manager salary at Life Insurance Corporation of India ranges between ₹13 Lakhs to ₹26 Lakhs per year for employees with experience between 18 years to 31 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Branch Manager salaries in Kolkata

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹13 L/yr - ₹26 L/yr
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Similar Designation salaries in Life Insurance Corporation of India

Financial Service Executive Salary

(6 salaries)

₹2.15 L/yr - ₹2.55 L/yr

LIC Advisor Salary

(5 salaries)

₹2 L/yr - ₹4.59 L/yr

Top skills at Life Insurance Corporation of India for Branch Manager

Life Insurance Insurance Branch Management Insurance Sales Heading Branch Agency Sales Ach Health Insurance Life Insurance Insurance Tied Channel Team Handling Business Development Territory Management Health Insurance

Salary related reviews for Life Insurance Corporation of India

4.8

Rated by 2 employees for salary & benefits

Advisor in Kulgam

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

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.

Skill development - Poor

+2 more

Development Officer in Hyderabad / Secunderabad

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

Promotions - Poor

Development Officer in Mumbai

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.

Skill development - Poor

+5 more

Insurance Adviser in Suryapet

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.

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.

Development Officer in Birbhum

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.

Job security - Bad

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Life Insurance Corporation of India Branch Manager Salary FAQs

What is the salary of Branch Manager at Life Insurance Corporation of India Kolkata?

Branch Manager salary at Life Insurance Corporation of India in Kolkata ranges between ₹13.0 Lakhs to ₹26.0 Lakhs for experience between 18 years to 31 years. According to our estimates it is 66% more than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India Kolkata.

How does the salary of a Branch Manager at Life Insurance Corporation of India Kolkata compare with the average salary range for this job?

The average salary of a Branch Manager at Life Insurance Corporation of India is 66% more than the average salary of a Branch Manager in Kolkata. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager 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 Manager at Life Insurance Corporation of India Kolkata.

What is the salary of a Branch Manager in companies similar to Life Insurance Corporation of India in Kolkata?

Tata AIA Life Insurance Branch Manager Salary - ₹8.0 Lakhs to ₹16.0 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹11.2 Lakhs per year
Aviva Life Insurance India Branch Manager Salary - ₹7.0 Lakhs to ₹12.8 Lakhs per year
Bajaj Allianz Life Insurance Branch Manager Salary - ₹5.5 Lakhs to ₹13.5 Lakhs per year

What is the estimated take home salary of a Branch Manager at Life Insurance Corporation of India in Kolkata?

The estimated take-home salary of a Branch Manager at Life Insurance Corporation of India ranges between ₹1,20,637 per month to ₹1,24,025 per month in Kolkata. The take-home salary calculation is based on the average Life Insurance Corporation of India Branch Manager salary in India which ranges between ₹13.0 Lakhs to ₹26.0 Lakhs per year for employees with experience between 18 years to 31 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Life Insurance Corporation of India in Kolkata?

According to AmbitionBox, 67% of the Life Insurance Corporation of India Branch Managers in Kolkata reported a notice period of 3 Months, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Branch Manager Salaries in Kolkata

Life Insurance Corporation of India Branch Manager salary in Kolkata ranges between ₹13 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Branch Manager salaries in Kolkata

Companies similar to Life Insurance Corporation of India for Branch Manager in Kolkata

Latest annual salaries shared by Life Insurance Corporation of India Branch Manager in Kolkata

Experience wise Life Insurance Corporation of India Branch Manager salaries in Kolkata

Similar Designation salaries in Life Insurance Corporation of India

Top skills at Life Insurance Corporation of India for Branch Manager

Salary related reviews for Life Insurance Corporation of India

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Insurance Adviser in Suryapet

Development Officer in Birbhum

Life Insurance Corporation of India Branch Manager Salary FAQs

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