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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Financial Advisor salaries in Indore

Annual salary range
1 - 7 years exp.
₹1.1 Lakh - ₹4.2 Lakhs
Salary of majority employees
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16% less than the average Financial Advisor Salary in Insurance Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development
Financial Advisor Salary
2 - 7 years exp. (4 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Financial Advisor Salary
7 years exp. (AmbitionBox Estimate)
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₹1.1 L/yr - ₹2.7 L/yr

Finance & Accounting
Financial Advisor Salary
1 year exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹4.2 L/yr

Production, Manufacturing & Engineering
Financial Advisor Salary
4 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.2 L/yr

Last Updated: 27 Nov 2024

Companies similar to Life Insurance Corporation of India for Financial Advisor in Indore

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Life Insurance Corporation of India Financial Advisor Salary

1 - 7 years exp. (8 salaries)

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₹1.1 L/yr - ₹4.2 L/yr

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

1 - 3 years exp. (3 salaries)

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₹1.4 L/yr - ₹3.6 L/yr

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₹2.9 L/yr - ₹4.5 L/yr

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CapitalVia Financial Advisor Salary

1 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹3.2 L/yr

arrow icon 16% more
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Ripples Advisory Financial Advisor Salary

2 - 9 years exp. (3 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 49% more
Financial Advisor salary at Life Insurance Corporation of India ranges between ₹1.1 Lakh to ₹4.2 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 8 latest salaries received from various employees of Life Insurance Corporation of India.

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

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Experience wise Life Insurance Corporation of India Financial Advisor salaries in Indore

Last Updated: 27 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
View all

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

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
  • Salary - Good
    +5 more

Dislikes

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

read more
  • Job security - Bad

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.

read more
  • Skill development - Excellent
    +2 more

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
  • Salary - Poor
    +3 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

read more
  • 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.

read more
  • Skill development - Poor
    +2 more

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

read more
  • Promotions - Poor

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
  • Skill development - Poor
    +5 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 Indore?
Financial Advisor salary at Life Insurance Corporation of India in Indore ranges between ₹1.1 Lakhs to ₹4.2 Lakhs for experience between 1 years to 7 years. According to our estimates it is 16% less than the average Financial Advisor Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Life Insurance Corporation of India Indore.
How does the salary of a Financial Advisor at Life Insurance Corporation of India Indore compare with the average salary range for this job?
The average salary of a Financial Advisor at Life Insurance Corporation of India is 16% less than the average salary of a Financial Advisor in Indore. 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 Indore.
Which similar companies are paying more than Life Insurance Corporation of India to a Financial Advisor in Indore?
  • Ripples Advisory Financial Advisor Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
  • ICICI Prudential Life Insurance Financial Advisor Salary - ₹2.9 Lakhs to ₹4.5 Lakhs per year
  • CapitalVia Financial Advisor Salary - ₹3.0 Lakhs to ₹3.2 Lakhs per year
  • HDFC Life Financial Advisor Salary - ₹1.4 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Financial Advisor at Life Insurance Corporation of India in Indore?
The estimated take-home salary of a Financial Advisor at Life Insurance Corporation of India ranges between ₹18,571 per month to ₹20,255 per month in Indore. The take-home salary calculation is based on the average Life Insurance Corporation of India Financial Advisor salary in India which ranges between ₹1.1 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Financial Advisor at Life Insurance Corporation of India in Indore?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Financial Advisors in Indore reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Life Insurance Corporation of India Financial Advisor salary in Indore ranges between ₹1.1 Lakh to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.