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4.4

based on 1.8k Reviews

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Life Insurance Corporation of India Service Engineer salaries in India

Annual salary range
1 - 3 years exp.
₹2.2 Lakhs - ₹19 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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97% more than the average Service Engineer Salary in Insurance Companies for 1 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Service Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.4 L/yr

Engineering - Hardware & Networks
Service Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 10 Sep 2024

Companies similar to Life Insurance Corporation of India for Service Engineer

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₹3.3 L/yr - ₹3.7 L/yr

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₹2 L/yr - ₹6.5 L/yr

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1 job opening
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₹3.5 L/yr - ₹3.6 L/yr

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₹0.8 L/yr - ₹6.5 L/yr

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₹3.8 L/yr - ₹4.8 L/yr

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Service Engineer salary at Life Insurance Corporation of India ranges between ₹2.2 Lakhs to ₹19 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Life Insurance Corporation of India.

Latest annual salaries shared by Life Insurance Corporation of India Service Engineer

3mo ago
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2 years exp.
1y ago
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1 year exp.

Experience wise Life Insurance Corporation of India Service Engineer salaries

Last Updated: 10 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹17.1 L/yr - ₹21.8 L/yr

Similar Designation salaries in Life Insurance Corporation of India

Senior Engineer Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹48.4 L/yr - ₹53.6 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Electrical Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Technician Salary
(AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Officer Salary
(3 salaries)
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₹1.2 L/yr - ₹3.2 L/yr

Salary related reviews for Life Insurance Corporation of India

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 · 

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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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.

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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

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.

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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.

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.

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Life Insurance Corporation of India Service Engineer Salary FAQs

What is the notice period for Service Engineer at Life Insurance Corporation of India?
According to AmbitionBox, 100% of the Life Insurance Corporation of India Service Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Life Insurance Corporation of India Service Engineer salary in India ranges between ₹2.2 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.