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Life Insurance Corporation of India Salaries in Amritsar

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Salaries by designations

Based on 6 salaries · Updated: 28 Jan 2024
Designation Avg Annual Salary Open Jobs
10 years exp. · Amritsar (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

5 years exp. · Amritsar (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.9 L/yr

2 years exp. · Amritsar (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

2 years exp. · Amritsar (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

3 years exp. · Amritsar (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.2 L/yr

14 years exp. · Amritsar (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Latest salaries by Life Insurance Corporation of India employees

3d ago

Agent Advisor

5 years exp.

₹3.2 Lakhs
3d ago

Financial Advisor

4 years exp.

₹3.8 Lakhs
4d ago

Agent

6 years exp.

₹1.5 Lakh
4d ago

LIC Advisor

4 years exp.

₹4.5 Lakhs
4d ago

System Operator

2 years exp.

₹2 Lakhs
4d ago

Development Officer

1 year exp.

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5d ago

Insurance Adviser

4 years exp.

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5d ago

LIC Agent

5 years exp.

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6d ago

Accounts Manager

7 years exp.

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1w ago

Assistant Administrative Officer

13 years exp.

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View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
5d
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Life Insurance Corporation of India

1.8

Rated by 3 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  updated 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
  •  updated 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
  •  updated 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
  •  updated 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.

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Full Time

 · 

Sales & Business Development Department

3.0
  •  updated 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

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:

Office Helper ₹0.9 Lakhs to ₹1.2 Lakhs per year
SM ₹3.8 Lakhs to ₹4.9 Lakhs per year
Computer Typist ₹1.6 Lakhs to ₹2.1 Lakhs per year
Quality Checker ₹1.8 Lakhs to ₹2.3 Lakhs per year

The highest-paying role, Senior Divisional Manager, earns between ₹24 Lakhs to ₹50 Lakhs per year. The top 10% of employees earn more than ₹10 Lakhs per year, and the top 1% earn over ₹30 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 6 salaries submitted by Life Insurance Corporation of India employees. Life Insurance Corporation of India is rated 1.8 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 Amritsar?
The salary of a fresher at Life Insurance Corporation of India in Amritsar typically ranges from ₹0.8 Lakh to ₹9.6 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 ₹3.5 Lakhs to ₹9.6 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 Office Assistant Salary ₹0.8 Lakhs to ₹2.1 Lakhs per year

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Average annual salary in Life Insurance Corporation of India , Amritsar is INRunlock blur . Salary estimates are based on 6 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.

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