Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Life Insurance Corporation of India Team. If you also belong to the team, you can get access from here
filter salariesFilter salaries by

Life Insurance Corporation of India Life Planning Officer salaries in India

Annual salary range
2 - 10 years exp.
₹1 Lakh - ₹4 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

21% more than the average Life Planning Officer Salary in Insurance Companies for 2 - 10 years of experience

Interested in this particular role?

Last Updated: 12 Mar 2023

Companies similar to Life Insurance Corporation of India for Life Planning Officer

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.1 L/yr - ₹4 L/yr

arrow icon 23% less
unlock blur

₹1.5 L/yr - ₹8 L/yr

arrow icon 38% more
Logo
HDFC Life Life Planning Officer Salary

0 - 3 years exp. (5 salaries)

unlock blur

₹1 L/yr - ₹3.5 L/yr

arrow icon 31% less
unlock blur

₹1.2 L/yr - ₹2.2 L/yr

arrow icon 40% less
Logo
unlock blur

₹1.5 L/yr - ₹3 L/yr

arrow icon 16% less
Life Planning Officer salary at Life Insurance Corporation of India ranges between ₹1 Lakh to ₹4 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Life Planning Officer

1y ago
₹3.3 Lakhs
3 years exp.

Experience wise Life Insurance Corporation of India Life Planning Officer salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹0.9 L/yr - ₹1.1 L/yr

Similar Designation salaries in Life Insurance Corporation of India

unlock blur
₹1.8 L/yr - ₹3 L/yr
unlock blur
₹2.5 L/yr - ₹3.5 L/yr
Sales Officer Salary
(11 salaries)
unlock blur
₹1 L/yr - ₹5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
unlock blur
₹18 L/yr - ₹23 L/yr
Sales Manager Salary
(12 salaries)
unlock blur
₹3.6 L/yr - ₹6.5 L/yr
unlock blur
₹2 L/yr - ₹4 L/yr
unlock blur
₹2.15 L/yr - ₹5 L/yr
Deputy Manager Salary
(5 salaries)
unlock blur
₹2.35 L/yr - ₹9.28 L/yr
unlock blur
₹4 L/yr - ₹11.5 L/yr
Sales Executive Salary
(67 salaries)
unlock blur
₹1 L/yr - ₹6 L/yr

Salary related reviews for Life Insurance Corporation of India

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

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.

read more
  • 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.

read more

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.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Life Insurance Corporation of India Life Planning Officer Salary FAQs

What is the salary of Life Planning Officer at Life Insurance Corporation of India ?
The average salary of a Life Planning Officer at Life Insurance Corporation of India in India typically ranges from ₹1.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Life Planning Officer at Life Insurance Corporation of India earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Life Planning 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 4 Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Life Planning Officer at Life Insurance Corporation of India in India?
The estimated take-home salary of a Life Planning Officer at Life Insurance Corporation of India in India typically ranges from ₹20,494 to ₹22,150 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 Life Planning Officer in India?
Tata AIA Life Insurance ₹1.5 Lakhs to ₹8.0 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 Life Planning Officer in companies similar to Life Insurance Corporation of India in India?
The salary of a Life Planning Officer 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:

Reliance Capital ₹1.5 Lakhs to ₹3.0 Lakhs per year
Reliance Nippon Life Insurance ₹1.1 Lakhs to ₹4.0 Lakhs per year
HDFC Life ₹1.0 Lakhs to ₹3.5 Lakhs per year
Star Union Dai-ichi Life Insurance ₹1.2 Lakhs to ₹2.2 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 Life Planning Officer at Life Insurance Corporation of India in India?
The salary growth for a Life Planning Officer at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Life Planning Officer can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
2 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
10 years ₹0.9 Lakhs to ₹1.1 Lakhs per year
and so on.

Tell us how to improve this page.

Life Insurance Corporation of India Life Planning Officer salary in India ranges between ₹1 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.