Life Insurance Corporation of India Customer Service Representative Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹2.2 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Customer Service Representative Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Customer Service Representative Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Food, Beverage & Hospitality Customer Service Representative Salary 7 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 11 Jan 2025

Companies similar to Life Insurance Corporation of India for Customer Service Representative

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Customer Service Representative Salary 0 - 8 years exp. (34 salaries)	₹0.9 L/yr - ₹2.9 L/yr 32% less
HDFC Ergo General Insurance Customer Service Representative Salary 0 - 6 years exp. (19 salaries)	₹1.8 L/yr - ₹4.6 L/yr 27% more
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Gallagher Customer Service Representative Salary 1 - 6 years exp. (13 salaries)	₹3.2 L/yr - ₹6.5 L/yr 74% more
ICICI Lombard General Insurance Company Customer Service Representative Salary 1 - 6 years exp. (6 salaries)	₹1.1 L/yr - ₹5 L/yr 13% less
ICICI Prudential Life Insurance Customer Service Representative Salary 1 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹2.5 L/yr 36% less
Bajaj Allianz General Insurance Customer Service Representative Salary 0 - 7 years exp. (5 salaries)	₹1.3 L/yr - ₹2.2 L/yr 35% less
Shriram Life Insurance Customer Service Representative Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹6 L/yr 4% more
Kotak Mahindara Life Insurance Customer Service Representative Salary 0 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr 2% less
Star Health & Allied Insurance Customer Service Representative Salary 0 - 1 year exp. (4 salaries)	₹2 L/yr - ₹2.3 L/yr 27% less
Reliance Nippon Life Insurance Customer Service Representative Salary 1 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹2.3 L/yr 35% less
Axis Max Life Insurance Customer Service Representative Salary 1 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr 7% more
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Allianz Partners Customer Service Representative Salary 1 - 9 years exp. (3 salaries)	₹2 L/yr - ₹4.4 L/yr 14% more
Aditya Birla Health Insurance Co Customer Service Representative Salary 0 - 1 year exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 11% less
HDFC Life Customer Service Representative Salary 0 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹6.5 L/yr 50% more
AIG Customer Service Representative Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 4% more

Customer Service Representative salary at Life Insurance Corporation of India ranges between ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 7 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 Customer Service Representative salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Customer Service Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Customer Service Associate Salary

(4 salaries)

₹1.5 L/yr - ₹2.7 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Customer Service Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Customer Care Executive Salary

(4 salaries)

₹1.25 L/yr - ₹3 L/yr

Customer Support Executive Salary

(5 salaries)

₹1.05 L/yr - ₹1.8 L/yr

Customer Support Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Customer Service Executive Salary

(3 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Customer Relationship Manager Salary

(3 salaries)

₹3.6 L/yr - ₹4.1 L/yr

Service Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹19 L/yr

Salary related reviews for Life Insurance Corporation of India

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

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Development Officer in Hyderabad / Secunderabad

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Sales & Business Development Department

5.0

• posted on 21 Sep 2023

3.0

for Salary and Benefits

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Job Performing Flexibility.

Job security - Excellent

+3 more

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...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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Life Insurance Corporation of India Customer Service Representative Salary FAQs

What is the salary of Customer Service Representative at Life Insurance Corporation of India ?

The average salary of a Customer Service Representative at Life Insurance Corporation of India in India typically ranges from ₹2.2 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Customer Service Representative at Life Insurance Corporation of India earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Customer Service Representative 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 4 Life Insurance Corporation of India employees in India.

What is the estimated take home salary of a Customer Service Representative at Life Insurance Corporation of India in India?

The estimated take-home salary of a Customer Service Representative at Life Insurance Corporation of India in India typically ranges from ₹20,594 to ₹22,249 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 7 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 4 salaries received from various employees of Life Insurance Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Life Insurance Corporation of India for Customer Service Representative in India?

Gallagher	₹3.2 Lakhs to ₹6.5 Lakhs per year
HDFC Life	₹2.8 Lakhs to ₹6.5 Lakhs per year
HDFC Ergo General Insurance	₹1.8 Lakhs to ₹4.6 Lakhs per year
Allianz Partners	₹2.0 Lakhs to ₹4.4 Lakhs per year
Axis Max Life Insurance	₹2.6 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Life Insurance Corporation of India, depending on the role and experience level.

What is the salary of a Customer Service Representative in companies similar to Life Insurance Corporation of India in India?

The salary of a Customer Service Representative 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:

AIG	₹2.0 Lakhs to ₹4.0 Lakhs per year
Shriram Life Insurance	₹2.0 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance	₹2.4 Lakhs to ₹3.3 Lakhs per year
Aditya Birla Health Insurance Co	₹1.8 Lakhs to ₹3.0 Lakhs per year
ICICI Lombard General Insurance Company	₹1.1 Lakhs to ₹5.0 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 Customer Service Representative at Life Insurance Corporation of India in India?

The salary growth for a Customer Service Representative at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Customer Service Representative can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Life Insurance Corporation of India Customer Service Representative Salaries by Location

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Life Insurance Corporation of India Customer Service Representative Salaries

Life Insurance Corporation of India Customer Service Representative salary in India ranges between ₹2.2 Lakhs to ₹4.2 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 Customer Service Representative salaries in India (Updated 2025)

Companies similar to Life Insurance Corporation of India for Customer Service Representative

Latest annual salaries shared by Life Insurance Corporation of India Customer Service Representative

Experience wise Life Insurance Corporation of India Customer Service Representative salaries

Similar Designation salaries in Life Insurance Corporation of India

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 Customer Service Representative Salary FAQs

Tell us how to improve this page.

Life Insurance Corporation of India Customer Service Representative Salaries by Location