Life Insurance Corporation of India New Delhi Financial Advisor Salaries by 8 Employees

2 - 7 years exp.

₹2.3 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Financial Advisor Salary in Insurance Companies for 2 - 7 years of experience

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Salaries in different departments

Sales & Business Development Financial Advisor Salary 2 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹6 L/yr
BFSI, Investments & Trading Financial Advisor Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
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Aviation & Aerospace Financial Advisor Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.1 L/yr

Last Updated: 26 Dec 2024

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

Life Insurance Corporation of India Financial Advisor Salary

2 - 7 years exp. (8 salaries)

₹2.3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Advisor Salary 0 - 6 years exp. (17 salaries)	₹2.4 L/yr - ₹6 L/yr 29% more
Axis Max Life Insurance Financial Advisor Salary 1 - 10 years exp. (13 salaries)	₹1.4 L/yr - ₹4.8 L/yr 7% more
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Kotak Mahindara Life Insurance Financial Advisor Salary 1 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹5.5 L/yr 23% more
HDFC Life Financial Advisor Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹5 L/yr 4% more
Aditya Birla Sun Life Insurance Financial Advisor Salary 2 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹4.1 L/yr 3% less

Financial Advisor salary at Life Insurance Corporation of India ranges between ₹2.3 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of Life Insurance Corporation of India.

Experience wise Life Insurance Corporation of India Financial Advisor salaries in New Delhi

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Life Insurance Corporation of India

LIC Agent Salary

(27 salaries)

₹0.72 L/yr - ₹6.5 L/yr

Development Officer Salary

(24 salaries)

₹4.13 L/yr - ₹12 L/yr

Sales Executive Salary

(16 salaries)

₹1.45 L/yr - ₹5 L/yr

Agent Salary

(14 salaries)

₹1.1 L/yr - ₹5 L/yr

Insurance Agent Salary

(8 salaries)

₹1.15 L/yr - ₹4.2 L/yr

Office Assistant Salary

(8 salaries)

₹1.4 L/yr - ₹2.5 L/yr

Life Insurance Advisor Salary

(7 salaries)

₹1.5 L/yr - ₹3 L/yr

Agent Advisor Salary

(7 salaries)

₹1 L/yr - ₹4.5 L/yr

Computer Operator Salary

(6 salaries)

₹1.05 L/yr - ₹2.5 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

Financial Advisor

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.

Salary - Good

+5 more

Dislikes

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

Job security - Bad

Finance Executive in Udaipur

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.

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.

Salary - Poor

+3 more

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

+2 more

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

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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 Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Life Insurance Corporation of India in New Delhi?

The average salary of a Financial Advisor at Life Insurance Corporation of India in New Delhi typically ranges from ₹2.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Financial Advisor in New Delhi at Life Insurance Corporation of India earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Financial Advisor 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 8 Life Insurance Corporation of India employees in India.

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

The estimated take-home salary of a Financial Advisor at Life Insurance Corporation of India in New Delhi typically ranges from ₹22,389 to ₹23,867 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 years 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 8 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 are the key skills required to be a Financial Advisor at Life Insurance Corporation of India in New Delhi?

To be a Financial Advisor at Life Insurance Corporation of India in New Delhi, the key skills required include:

- Finance
- Communication Skills
- Insurance Sales
- Financial Sales
- Insurance

These skills are highly valued at Life Insurance Corporation of India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Life Insurance Corporation of India for Financial Advisor in India?

ICICI Prudential Life Insurance	₹2.4 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindara Life Insurance	₹2.4 Lakhs to ₹5.5 Lakhs per year
Axis Max Life Insurance	₹1.4 Lakhs to ₹4.8 Lakhs per year
HDFC Life	₹2.0 Lakhs to ₹5.0 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 Financial Advisor in companies similar to Life Insurance Corporation of India in New Delhi?

The salary of a Financial Advisor 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:

Aditya Birla Sun Life Insurance

₹1.1 Lakhs to ₹4.1 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 Financial Advisor at Life Insurance Corporation of India in New Delhi?

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

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Life Insurance Corporation of India Financial Advisor Salaries in New Delhi

Life Insurance Corporation of India Financial Advisor salary in New Delhi ranges between ₹2.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

Life Insurance Corporation of India Financial Advisor salaries in New Delhi

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

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

Experience wise Life Insurance Corporation of India Financial Advisor salaries in New Delhi

Similar Designation salaries in Life Insurance Corporation of India

Top skills at Life Insurance Corporation of India for Financial Advisor

Salary related reviews for Life Insurance Corporation of India

Financial Advisor

Finance Executive in Udaipur

Advisor in Kulgam

Development Officer in Hyderabad / Secunderabad

Development Officer in Mumbai

Life Insurance Corporation of India Financial Advisor Salary FAQs

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