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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Financial Advisor salaries in India

Annual salary range
0 - 8 years exp.
₹1 Lakh - ₹6 Lakhs
Salary of majority employees
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42% less than the average Financial Advisor Salary in Insurance Companies for 0 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Financial Advisor Salary
0 - 7 years exp. (18 salaries)
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₹1.2 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Financial Advisor Salary
0 - 7 years exp. (12 salaries)
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₹1.1 L/yr - ₹4.8 L/yr

Finance & Accounting
Financial Advisor Salary
0 - 8 years exp. (11 salaries)
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₹1 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Financial Advisor Salary
3 - 8 years exp. (4 salaries)
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₹1 L/yr - ₹2 L/yr

Marketing & Communication
Financial Advisor Salary
0 - 7 years exp. (4 salaries)
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₹2.2 L/yr - ₹5.5 L/yr

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Last Updated: 16 Jan 2025

Companies similar to Life Insurance Corporation of India for Financial Advisor

Company name Avg Annual Salary Open Jobs
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HDFC Life Financial Advisor Salary

0 - 7 years exp. (70 salaries)

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₹1.1 L/yr - ₹5.5 L/yr

arrow icon 8% more
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₹1.1 L/yr - ₹6.3 L/yr

arrow icon 25% more
1 job opening
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₹0.7 L/yr - ₹4.1 L/yr

arrow icon 1% more
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Max Life Insurance Financial Advisor Salary

0 - 10 years exp. (117 salaries)

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₹1 L/yr - ₹8 L/yr

arrow icon 19% more
1 job opening
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₹1 L/yr - ₹8 L/yr

arrow icon 9% more
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₹1.1 L/yr - ₹2.4 L/yr

arrow icon 30% less
Logo
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₹1 L/yr - ₹6 L/yr

arrow icon 59% more
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PNB MetLife Financial Advisor Salary

1 - 8 years exp. (18 salaries)

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₹0.9 L/yr - ₹7.5 L/yr

arrow icon 12% more
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₹1 L/yr - ₹4.1 L/yr

arrow icon 8% less
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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 25% less
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Gallagher Financial Advisor Salary

0 - 3 years exp. (4 salaries)

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₹9 L/yr - ₹13.5 L/yr

arrow icon 298% more
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₹2.2 L/yr - ₹5.5 L/yr

arrow icon 73% more
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₹1 L/yr - ₹15 L/yr

arrow icon 95% more
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₹1.6 L/yr - ₹3.3 L/yr

arrow icon 9% more
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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 26% less
Financial Advisor salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 83 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Financial Advisor

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Experience wise Life Insurance Corporation of India Financial Advisor salaries

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
Fresher  (10 salaries)

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₹1.2 L/yr - ₹4.5 L/yr
1 year  (5 salaries)

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₹1.5 L/yr - ₹4.5 L/yr
2 years  (7 salaries)

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₹1.5 L/yr - ₹5 L/yr
3 years  (13 salaries)

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₹1 L/yr - ₹4 L/yr
4 years  (8 salaries)

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₹1.5 L/yr - ₹5.5 L/yr
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Similar Designation salaries in Life Insurance Corporation of India

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₹1.2 L/yr - ₹3.6 L/yr
Finance Executive Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Senior Financial Analyst Salary
(AmbitionBox Estimate)
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₹0.4 L/yr - ₹0.5 L/yr
Associate Analyst Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹8.45 L/yr
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₹2.5 L/yr - ₹6 L/yr
Management Trainee Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
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₹3 L/yr - ₹10 L/yr

Top skills at Life Insurance Corporation of India for Financial Advisor

Finance Communication Skills Insurance Sales Financial Sales Insurance Life Insurance General Insurance Insurance Sales Life Insurance Financial Planning Investment Planning part time Sales Financial Services

Salary related reviews for Life Insurance Corporation of India

4.3

Rated by 23 employees for salary & benefits

Finalcial advisor Department

4.0
  •  posted on 12 Sep 2019

4.0
 for  Salary and Benefits

Likes

The Company is financial insurance sector. We have a team. We are selling high quality products, different types of insurance policy. And this company has a Indian market.

read more

Dislikes

Compensation is decent, the work pressure is very high. Decent career opportunity, no job security.

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BFSI, Investments & Trading Department

5.0
  •  posted on 10 May 2018

2.0
 for  Salary and Benefits

Likes

...d Pratapgarh branch in post financial services executive Banccassurence channel.its company no job security and no career growth, and no salary enough,. This company good work environment and innovation.

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Dislikes

The Lic of India a big company insurance sector but no job security and life . The Lic of India a chitting company for employee because a large employee selections contractual basis employee and any time works out in company.

read more

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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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 21 Sep 2023

3.0
 for  Salary and Benefits

Likes

Job Performing Flexibility.

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

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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
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Life Insurance Corporation of India Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Life Insurance Corporation of India?
Financial Advisor salary at Life Insurance Corporation of India in India ranges between ₹1.0 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 42% less than the average Financial Advisor Salary in India. Salary estimates are based on 83 latest salaries received from various employees of Life Insurance Corporation of India India.
How does the salary of a Financial Advisor at Life Insurance Corporation of India India compare with the average salary range for this job?
The average salary of a Financial Advisor at Life Insurance Corporation of India is 42% less than the average salary of a Financial Advisor in India. To know exact salary insights, login to view.
What are the top skills required to work as a Financial Advisor at Life Insurance Corporation of India?
Finance, Communication Skills, Insurance Sales, Financial Sales and Insurance are some of the popular skills required to work as a Financial Advisor at Life Insurance Corporation of India India.
Which similar companies are paying more than Life Insurance Corporation of India to a Financial Advisor in India?
  • Gallagher Financial Advisor Salary - ₹9.0 Lakhs to ₹13.5 Lakhs per year
  • National Insurance Company Financial Advisor Salary - ₹1.0 Lakhs to ₹15.0 Lakhs per year
  • ICICI Lombard General Insurance Company Financial Advisor Salary - ₹2.2 Lakhs to ₹5.5 Lakhs per year
  • Tata AIA Life Insurance Financial Advisor Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
  • ICICI Prudential Life Insurance Financial Advisor Salary - ₹1.1 Lakhs to ₹6.3 Lakhs per year
What is the salary of a Financial Advisor in companies similar to Life Insurance Corporation of India in India?
  • Max Life Insurance Financial Advisor Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
  • PNB MetLife Financial Advisor Salary - ₹0.9 Lakhs to ₹7.5 Lakhs per year
  • Kotak Mahindara Life Insurance Financial Advisor Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
  • Star Health & Allied Insurance Financial Advisor Salary - ₹1.6 Lakhs to ₹3.3 Lakhs per year
  • HDFC Life Financial Advisor Salary - ₹1.1 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Financial Advisor at Life Insurance Corporation of India in India?
The estimated take-home salary of a Financial Advisor at Life Insurance Corporation of India ranges between ₹19,508 per month to ₹21,179 per month in India. The take-home salary calculation is based on the average Life Insurance Corporation of India Financial Advisor salary in India which ranges between ₹1.0 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Financial Advisor at Life Insurance Corporation of India?
According to AmbitionBox, 76% of the Life Insurance Corporation of India Financial Advisors reported a notice period of 15 days or less, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 58 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Financial Advisor salary in India ranges between ₹1 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 83 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.