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Life Insurance Corporation of India Salaries in Varanasi

based on 26 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs
1 - 5 years exp. · Varanasi (3 salaries)
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₹2.5 L/yr - ₹4 L/yr

13 - 15 years exp. · Varanasi (AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr

2 - 5 years exp. · Varanasi (AmbitionBox Estimate)
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₹2 L/yr - ₹5 L/yr

3 years exp. · Varanasi (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.7 L/yr

Starting your career? Discover Life Insurance Corporation of India fresher salaries in India
14 - 19 years exp. · Varanasi (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.2 L/yr

3 - 4 years exp. · Varanasi (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

3 - 4 years exp. · Varanasi (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

7 - 8 years exp. · Varanasi (AmbitionBox Estimate)
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₹3 L/yr - ₹3.3 L/yr

12 years exp. · Varanasi (AmbitionBox Estimate)
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₹7.8 L/yr - ₹9.9 L/yr

Fresher · Varanasi (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.1 L/yr

10 years exp. · Varanasi (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

1 year exp. · Varanasi (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

11 years exp. · Varanasi (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

10 years exp. · Varanasi (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Fresher · Varanasi (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

6 years exp. · Varanasi (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

17 years exp. · Varanasi (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 1 Jul, 2024

Salary related reviews for Life Insurance Corporation of India

4.7

Rated by 17 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 01 Nov 2019

4.0
 for  Salary and Benefits

Likes

It's a very good experience for me because I am not feeling any pressure for my work and I am always happy for doing my job in free mind. it's a freelance work so I can manage my time according to own choice.

read more
  • Salary - Good
  • +6 more

Dislikes

I am not receiving any salary from LIC so my income is not fixed yet.

BFSI, Investments & Trading Department

5.0
  •  posted on 28 Aug 2018

5.0
 for  Salary and Benefits

Likes

As a Lic worker in 6 years GOOD experience but job was not secured.

  • Salary - Excellent
  • +4 more

Dislikes

.... No experience certificate allow by company and not deducted any PF in 6 years. Also not given salary slip. CARIER ALSO BACK 6 YEAR

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  • Promotions - Bad

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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  • 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.

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  • 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

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  • 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.

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  • Skill development - Poor
  • +5 more
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Life Insurance Corporation of India interview questions by designations

Life Insurance Corporation of India Salary FAQs

How much does Life Insurance Corporation of India pay to its employees?
The average annual salary at Life Insurance Corporation of India varies depending on the role, experience, and location. The salary ranges for some popular designations at Life Insurance Corporation of India, are as follows:

Insurance Agent ₹2.5 Lakhs to ₹4 Lakhs per year
Territory Manager ₹9.8 Lakhs to ₹12.5 Lakhs per year
LIC Advisor ₹2 Lakhs to ₹5 Lakhs per year
Financial Advisor ₹2.3 Lakhs to ₹3.7 Lakhs per year

The highest-paying role, Senior Business Associate, earns between ₹14 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹10 Lakhs per year, and the top 1% earn over ₹31.5 Lakhs per year. 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 salary estimates are based on data from 26 salaries submitted by Life Insurance Corporation of India employees. Life Insurance Corporation of India is rated 4.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Life Insurance Corporation of India in Varanasi?
The salary of a fresher at Life Insurance Corporation of India in Varanasi typically ranges from ₹1.2 Lakh to ₹10.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Development Officer Salary ₹4 Lakhs to ₹10.5 Lakhs per year
Fresher as a Financial Advisor Salary ₹1.2 Lakhs to ₹4.5 Lakhs per year
Fresher as a Telecalling Executive Salary ₹1.2 Lakhs to ₹1.9 Lakhs per year
Fresher as a LIC Agent Salary ₹2 Lakhs to ₹3.5 Lakhs per year

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Average annual salary in Life Insurance Corporation of India , Varanasi is INRunlock blur . Salary estimates are based on 20+ Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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