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4.4

based on 1.8k Reviews

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Chandigarh
BFSI, Investments & Trading

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Life Insurance Corporation of India BFSI, Investments & Trading Department Salaries in Chandigarh

based on 2 latest salaries
Designation Avg Annual Salary Open Jobs
5 years exp. · Chandigarh (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

12 years exp. · Chandigarh (AmbitionBox Estimate)
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₹5 L/yr - ₹12.2 L/yr

Last Updated: 15 Mar, 2023

Salary related reviews for Life Insurance Corporation of India

5.0

Rated by 2 employees for salary & benefits

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

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Dislikes

There is a heavy workload of getting policies and sales which is very tough to get popicies on dailg basis to achieve target.

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Part Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 18 Oct 2023

4.0
 for  Salary and Benefits

Likes

Self defined working hours with dignity and job security. More you work more you earn just like business. No fraudulent on system level. It's cool to work with world biggest life insurance company as I think it is.

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Dislikes

Salary is not being provided to the agent as they work hard and fail some time to get new business. One more thing to be addressed is all services should be available at all office for the agent as collect the required forms, and to submit loan,neft request for the client benefit.

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Part Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 13 Oct 2023

4.0
 for  Salary and Benefits

Likes

You are always thinking about the lic customers and give importance to the customers and immediately settlement option after policy maturity.l like that

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Dislikes

...es and more benefits from mutual fund.So many people thinking this long period . some people I loss my money from lic ,we have to pay two years but they are not giving back my money.this is my survey till now.

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Part Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 13 Apr 2023

3.0
 for  Salary and Benefits

Likes

Good environment for work . Every employee has cooperative in nature they were very helpful.

Dislikes

...�. Ok but not useful for permanent job you can work as part time job as there.Only senior management and marketing department get salary.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jun 2023

5.0
 for  Salary and Benefits

Likes

Salary structure and promotion policy is good. Peon also get promotion upto Divisional manager. Or more than that. Other fringe benefits are also good

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Dislikes

The work culture may spoil your nature buliding, may erase your good cuture and you may become habitual with spoiled office culture. Though you get promotion but you will not get respect and satisfaction of job. Unions are acts like criminal gangs, your knowledge and study becomes zero in front of the gangs

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Life Insurance Corporation of India interview questions by designations

Life Insurance Corporation of India Salary FAQs

How much does Life Insurance Corporation of India pay per year?
The average Life Insurance Corporation of India salary ranges from approximately ₹0.4 Lakh to ₹1.8 Lakh per year for a Customer Support Executive and ₹14 Lakhs to ₹35 Lakhs per year for a Senior Business Associate. Salary estimates are based on 2 Life Insurance Corporation of India salaries received from various employees of Life Insurance Corporation of India. Life Insurance Corporation of India employees rate the overall salary and benefits package 5.0/5 stars.
What is the highest salary in Life Insurance Corporation of India?
The highest-paying job at Life Insurance Corporation of India is a Senior Business Associate with a salary of ₹14 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹9.51 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in Life Insurance Corporation of India?
Minimum salary at Life Insurance Corporation of India depends on the role you are applying for. For Office Assistant the minimum salary is ₹0.5 Lakh to ₹4.5 Lakhs per year, and for Agent the minimum salary is ₹0.8 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Life Insurance Corporation of India?
The average salary at Life Insurance Corporation of India for freshers varies from ₹0.8 Lakh to ₹2 Lakhs per year for Office Assistant and ₹4.6 Lakhs to ₹8.5 Lakhs per year for Development Officer.
What is the notice period at Life Insurance Corporation of India in BFSI, Investments & Trading Department in Chandigarh?
According to AmbitionBox, 75% of the Life Insurance Corporation of India employees in BFSI, Investments & Trading Department in Chandigarh reported a notice period of 15 days or less, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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