Life Insurance Corporation of India New Delhi Development Officer Salaries by 20+ Employees (Updated 2025)

0 - 8 years exp.

₹4.1 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% more than the average Development Officer Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Development Officer Salary 0 - 8 years exp. (8 salaries)	₹3.3 L/yr - ₹12 L/yr
Sales & Business Development Development Officer Salary 1 - 4 years exp. (6 salaries)	₹4.4 L/yr - ₹12 L/yr
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Marketing & Communication Development Officer Salary 1 - 8 years exp. (4 salaries)	₹5.8 L/yr - ₹10.2 L/yr
Administration & Facilities Development Officer Salary 1 - 7 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹11 L/yr

Last Updated: 2 Apr 2025

Companies similar to Life Insurance Corporation of India for Development Officer in New Delhi

Life Insurance Corporation of India Development Officer Salary

0 - 8 years exp. (24 salaries)

₹4.1 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Foundation for Inclusive Growth Development Officer Salary 1 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹6 L/yr 38% less

Development Officer salary at Life Insurance Corporation of India ranges between ₹4.1 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 24 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Development Officer in New Delhi

1w ago

₹10 Lakhs

4 years exp.

1mo ago

₹9.6 Lakhs

8 months exp.

1mo ago

₹3.3 Lakhs

3 years exp.

1mo ago

₹9 Lakhs

2 years exp.

2mo ago

₹11 Lakhs

1 year exp.

2mo ago

3 years exp.

2mo ago

4 years exp.

5mo ago

8 years exp.

5mo ago

3 years exp.

6mo ago

1 year exp.

Experience wise Life Insurance Corporation of India Development Officer salaries in New Delhi

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
1 year (7 salaries)	₹4.1 L/yr - ₹11 L/yr
Login to view exact salary
2 years (3 salaries)	₹4.4 L/yr - ₹12 L/yr
3 years (3 salaries)	₹3.4 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
5 years (3 salaries)	₹3.6 L/yr - ₹16.3 L/yr
6 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr

View all

From

Development Officer

₹

Lakhs/yr

0 - 8 years exp.

Branch Manager

₹

Lakhs/yr

15 - 31 years exp.

Development Officer 0 - 8 years exp.

Assistant Branch Manager 9 - 19 years exp.

11% hike

Branch Manager 15 - 31 years exp.

89% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Life Insurance Corporation of India

Sales Executive Salary

(16 salaries)

₹1.45 L/yr - ₹5 L/yr

Salary related reviews for Life Insurance Corporation of India

4.5

Rated by 9 employees for salary & benefits

Development Officer in New Delhi

Recruitment Department

5.0

• posted on 13 May 2019

3.0

for Salary and Benefits

Likes

I have applied for voluntary retirement. Now I want a change. I like the recruitment part. It is a noble work to offer an earning opportunity to the needy people.

Skill development - Good

+2 more

Dislikes

The advisors we recruit are not given a pay scale. It is totally on commission basis. Hence the advisors feel insecure.

Job security - Poor

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

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

Development Officer in Chennai

Sales & Marketing Department

3.0

• posted on 10 Mar 2022

4.0

for Salary and Benefits

Likes

The pay the corporation given is satisfactory. and you will get some complimentary over a period

Salary - Good

+1 more

Dislikes

They make you to do missell the products that you know it is not what they told you. And you will get so much pressure to meet the target which lies above your head so there is no work balanced life..And there is job threat if can't metup with the target.

Job security - Bad

+3 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

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 Development Officer Salary FAQs

What is the salary of Development Officer at Life Insurance Corporation of India in New Delhi?

The average salary of a Development Officer at Life Insurance Corporation of India in New Delhi typically ranges from ₹4.1 Lakhs to ₹12.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Development Officer in New Delhi at Life Insurance Corporation of India earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Development Officer 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 20+ Life Insurance Corporation of India employees in India.

What is the estimated take home salary of a Development Officer at Life Insurance Corporation of India in New Delhi?

The estimated take-home salary of a Development Officer at Life Insurance Corporation of India in New Delhi typically ranges from ₹64,397 to ₹66,039 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 20+ 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 is the salary of a Development Officer in companies similar to Life Insurance Corporation of India in New Delhi?

The salary of a Development Officer at companies similar to Life Insurance Corporation of India in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Foundation for Inclusive Growth

₹3.4 Lakhs to ₹6.0 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 Development Officer at Life Insurance Corporation of India in New Delhi?

The salary growth for a Development Officer at Life Insurance Corporation of India in New Delhi depends on factors such as experience, performance, and promotions. On average, a Development Officer in New Delhi can expect the following growth trajectory at Life Insurance Corporation of India:

Experience	Average Salary Range
Fresher	₹7.2 Lakhs to ₹9.2 Lakhs per year
1 year	₹4.1 Lakhs to ₹11.0 Lakhs per year
2 years	₹4.4 Lakhs to ₹12.0 Lakhs per year
3 years	₹3.4 Lakhs to ₹10.0 Lakhs per year

and so on.

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Life Insurance Corporation of India Development Officer Salaries in New Delhi

Life Insurance Corporation of India Development Officer salary in New Delhi ranges between ₹4.1 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Development Officer salaries in New Delhi (Updated 2025)

Companies similar to Life Insurance Corporation of India for Development Officer in New Delhi

Latest annual salaries shared by Life Insurance Corporation of India Development Officer in New Delhi

Experience wise Life Insurance Corporation of India Development Officer salaries in New Delhi

Similar Designation salaries in Life Insurance Corporation of India

Salary related reviews for Life Insurance Corporation of India

Development Officer in New Delhi

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Development Officer in Birbhum

Development Officer in Chennai

Life Insurance Corporation of India Development Officer Salary FAQs

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