Life Insurance Corporation of India Bangalore / Bengaluru Financial Advisor Salaries by 4 Employees

0 - 5 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

Financial Advisor Salary at Life Insurance Corporation of India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on... Read more

48% less than the average Financial Advisor Salary in Insurance Companies for 0 - 5 years of experience

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Last Updated: 30 Jun 2024

Companies similar to Life Insurance Corporation of India for Financial Advisor in Bangalore / Bengaluru

Life Insurance Corporation of India Financial Advisor Salary

0 - 5 years exp. (4 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Life Insurance Financial Advisor Salary 0 - 3 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 29% more
HDFC Life Financial Advisor Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹5.5 L/yr 22% more
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Kotak Mahindara Life Insurance Financial Advisor Salary 1 - 6 years exp. (7 salaries)	₹1.7 L/yr - ₹3.6 L/yr 3% more
Axis Max Life Insurance Financial Advisor Salary 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr 22% more
SBI Life Insurance Company Financial Advisor Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹4.5 L/yr 10% more

Life Insurance Corporation of India Financial Advisor salaries by

Years of experience	Avg. annual salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

View all salaries by experience

Similar Designation Salaries at Life Insurance Corporation of India

Similar Designation	Avg. annual salary
Development Officer Salary (16 salaries)	₹4.5 L/yr - ₹10 L/yr
LIC Agent Salary (15 salaries)	₹1 L/yr - ₹7 L/yr
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Agent Salary (12 salaries)	₹1 L/yr - ₹4.5 L/yr
Office Assistant Salary (5 salaries)	₹1 L/yr - ₹1.9 L/yr

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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 Bangalore / Bengaluru?

The average salary of a Financial Advisor at Life Insurance Corporation of India in Bangalore / Bengaluru typically ranges from ₹2.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Financial Advisor in Bangalore / Bengaluru at Life Insurance Corporation of India earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 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 4 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 Bangalore / Bengaluru?

The estimated take-home salary of a Financial Advisor at Life Insurance Corporation of India in Bangalore / Bengaluru typically ranges from ₹19,134 to ₹20,810 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 5 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.

What are the key skills required to be a Financial Advisor at Life Insurance Corporation of India in Bangalore / Bengaluru?

To be a Financial Advisor at Life Insurance Corporation of India in Bangalore / Bengaluru, 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	₹2.0 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance	₹2.9 Lakhs to ₹3.7 Lakhs per year
HDFC Life	₹2.0 Lakhs to ₹5.5 Lakhs per year
SBI Life Insurance Company	₹2.2 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindara Life Insurance	₹1.7 Lakhs to ₹3.6 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.

How the salary growth look like for a Financial Advisor at Life Insurance Corporation of India in Bangalore / Bengaluru?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.1 Lakhs per year

and so on.

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Life Insurance Corporation of India Financial Advisor Salaries in Bangalore / Bengaluru

Life Insurance Corporation of India Financial Advisor salary in Bangalore / Bengaluru ranges between ₹2.4 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Life Insurance Corporation of India latest salaries received from various employees of Life Insurance Corporation of India.