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based on 1.9k Reviews

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Life Insurance Corporation of India Relationship Manager salaries in India

Annual salary range
0 - 5 years exp.
₹2.2 Lakhs - ₹5 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Relationship Manager Salary at Life Insurance Corporation of India ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on... Read more

24% less than the average Relationship Manager Salary in Insurance Companies for 0 - 5 years of experience

Interested in this particular role?

Last Updated: 11 Nov 2024

Companies similar to Life Insurance Corporation of India for Relationship Manager

Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance Relationship Manager Salary

0 - 10 years exp. (1.3k salaries)

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₹1.8 L/yr - ₹5.6 L/yr

arrow icon 6% more
29 job openings
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Bajaj Allianz Life Insurance Relationship Manager Salary

0 - 10 years exp. (751 salaries)

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₹1.2 L/yr - ₹4.6 L/yr

arrow icon 15% less
23 job openings
Login to view exact salary info icon
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HDFC Life Relationship Manager Salary

0 - 10 years exp. (559 salaries)

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₹1.2 L/yr - ₹5.8 L/yr

arrow icon 4% less
2 job openings
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Axis Max Life Insurance Relationship Manager Salary

0 - 11 years exp. (531 salaries)

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₹1.1 L/yr - ₹7 L/yr

arrow icon 23% more
7 job openings
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Bajaj Allianz General Insurance Relationship Manager Salary

0 - 10 years exp. (205 salaries)

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₹2 L/yr - ₹6.5 L/yr

arrow icon 5% more
35 job openings
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ICICI Prudential Life Insurance Relationship Manager Salary

0 - 7 years exp. (343 salaries)

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₹1.9 L/yr - ₹7.3 L/yr

arrow icon 14% more
1 job opening
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ICICI Lombard General Insurance Company Relationship Manager Salary

0 - 12 years exp. (327 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 20% more
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Star Health & Allied Insurance Relationship Manager Salary

0 - 7 years exp. (265 salaries)

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₹1.7 L/yr - ₹4.5 L/yr

arrow icon 16% less
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Aditya Birla Sun Life Insurance Relationship Manager Salary

0 - 6 years exp. (240 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 2% less
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Reliance Nippon Life Insurance Relationship Manager Salary

0 - 11 years exp. (213 salaries)

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₹1.7 L/yr - ₹5 L/yr

arrow icon 10% less
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Aditya Birla Health Insurance Co Relationship Manager Salary

0 - 7 years exp. (191 salaries)

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₹2.1 L/yr - ₹8.5 L/yr

arrow icon 22% more
Login to view exact salary info icon
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Kotak Mahindara Life Insurance Relationship Manager Salary

1 - 7 years exp. (193 salaries)

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₹1.8 L/yr - ₹6.5 L/yr

arrow icon 2% less
215 job openings
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Cholamandalam MS General Insurance Relationship Manager Salary

1 - 14 years exp. (138 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 3% more
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Shriram Life Insurance Relationship Manager Salary

0 - 7 years exp. (109 salaries)

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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 3% more
1 job opening
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HDFC Ergo General Insurance Relationship Manager Salary

2 - 8 years exp. (82 salaries)

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₹2 L/yr - ₹7.7 L/yr

arrow icon 1% less
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SBI Life Insurance Company Relationship Manager Salary

3 - 10 years exp. (42 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 9% more
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Max Financial Services Relationship Manager Salary

5 - 12 years exp. (5 salaries)

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₹3.9 L/yr - ₹5.2 L/yr

arrow icon 12% more
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Aditya Birla Insurance Brokers Relationship Manager Salary

2 - 6 years exp. (4 salaries)

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₹2.2 L/yr - ₹2.7 L/yr

arrow icon 38% less
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Allianz Partners Relationship Manager Salary

4 - 8 years exp. (3 salaries)

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₹6.2 L/yr - ₹6.5 L/yr

arrow icon 60% more
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General Insurance Corporation of India Relationship Manager Salary

3 - 6 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 18% less
View all

Life Insurance Corporation of India Relationship Manager salaries by

Years of experience Avg. annual salary
Fresher (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
Login to view exact salary info icon
2 years (AmbitionBox Estimate)

unlock blur

₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.5 L/yr
View all salaries by experience

Similar Designation salaries in Life Insurance Corporation of India

Relationship Officer Salary
(AmbitionBox Estimate)
unlock blur
₹2.7 L/yr - ₹3.5 L/yr
Branch Manager Salary
(17 salaries)
unlock blur
₹8.08 L/yr - ₹28 L/yr
Deputy Manager Salary
(5 salaries)
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₹2.35 L/yr - ₹9.28 L/yr
Territory Manager Salary
(5 salaries)
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₹5.75 L/yr - ₹15 L/yr
Sales Manager Salary
(14 salaries)
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₹3.6 L/yr - ₹6.5 L/yr
Area Sales Manager Salary
(4 salaries)
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₹2 L/yr - ₹4 L/yr
Area Manager Salary
(3 salaries)
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₹7.5 L/yr - ₹10 L/yr
Branch Sales Manager Salary
(6 salaries)
unlock blur
₹3 L/yr - ₹9.9 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Assistant Sales Manager Salary
(4 salaries)
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₹3.3 L/yr - ₹13 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
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ambitiousflash
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works at
Kalpataru Projects International
Unexpected Appraisal-2025
I am 24 years old for the last three years I have been working in the same company. My first appraisal was Excellent 45% when I was trainee engineer to Junior Engineer 2023, I learnt lots of things WTP automation, Planning, Projects Management,MEP, SAP etc. Second appraisal- as junior Engineer 2024 was poor they give me B-Grade 4.4% during this time I worked hard. Day night shift I was shocked why management give bad. I thought to my seniors they said we will give best. Third appraisal also same 4.4% as Junior Engineer to Assistant Engineer with C grade 2025 I am to disappoint with my top management my manager said to me, without my feedback top management give poor rating. then what will I do? My CTC is very low 2.98 LPA After this appraisal 3.13 LPA Please help me for carrier growth.
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More about working at Life Insurance Corporation of India
  • HQ - Mumbai, India
  • Insurance
  • 50k-1 Lakh Employees (India)
  • Financial Services

Life Insurance Corporation of India Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Life Insurance Corporation of India ?
The average salary of a Relationship Manager at Life Insurance Corporation of India in India typically ranges from ₹2.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Relationship Manager at Life Insurance Corporation of India earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Relationship Manager 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 6 Life Insurance Corporation of India employees in India.
What is the estimated take home salary of a Relationship Manager at Life Insurance Corporation of India in India?
The estimated take-home salary of a Relationship Manager at Life Insurance Corporation of India in India typically ranges from ₹28,399 to ₹29,787 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.0 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 6 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 Relationship Manager at Life Insurance Corporation of India ?
To be a Relationship Manager at Life Insurance Corporation of India in india, the key skills required include:

  • - Management
  • - Relationship
  • - Relationship Management
  • - Finance
  • - institutional sales

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 Relationship Manager in India?
The Oriental Insurance Co. ₹30.0 Lakhs to ₹36.0 Lakhs per year
Allianz Partners ₹6.2 Lakhs to ₹6.5 Lakhs per year
Axis Max Life Insurance ₹1.1 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Health Insurance Co ₹2.1 Lakhs to ₹8.5 Lakhs per year
ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹7.0 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 Relationship Manager in companies similar to Life Insurance Corporation of India in India?
The salary of a Relationship Manager 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:

ICICI Prudential Life Insurance ₹1.9 Lakhs to ₹7.3 Lakhs per year
Max Financial Services ₹3.9 Lakhs to ₹5.2 Lakhs per year
SBI Life Insurance Company ₹3.0 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance ₹1.8 Lakhs to ₹5.6 Lakhs per year
Bajaj Allianz General Insurance ₹2.0 Lakhs to ₹6.5 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 Relationship Manager at Life Insurance Corporation of India in India?
The salary growth for a Relationship Manager at Life Insurance Corporation of India depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at Life Insurance Corporation of India:

Experience Average Salary Range
Fresher ₹3.3 Lakhs to ₹4.2 Lakhs per year
1 year ₹3.3 Lakhs to ₹4.3 Lakhs per year
2 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
and so on.

Top skills at Life Insurance Corporation of India for Relationship Manager

Management Relationship Relationship Management Finance institutional sales Networking Life Insurance Insurance Market Intelligence broking Analytical Financial Management After Sales Support Servicing Mutual Funds

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Life Insurance Corporation of India Relationship Manager Salaries by Location

  • Life Insurance Corporation of India Relationship Manager salaries in Mumbai
  • Life Insurance Corporation of India Relationship Manager salaries in Navi Mumbai
  • Life Insurance Corporation of India Relationship Manager salaries in Guwahati
  • Home >
  • Salaries >
  • Life Insurance Corporation of India Salaries >
  • Life Insurance Corporation of India Relationship Manager Salaries

Life Insurance Corporation of India Relationship Manager salary in India ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock 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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Relationship Manager Salary in India
based on 79.8k salaries
₹2.1 L/yr - ₹8 L/yr
24% less than the average Relationship Manager Salary in India
View more details
Compare Life Insurance Corporation of India with
HDFC Life

HDFC Life

3.9
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ICICI Prudential Life Insurance

ICICI Prudential Life Insurance

4.0
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Axis Max Life Insurance

Axis Max Life Insurance

4.1
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Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance

3.9
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Notice Period for Relationship Manager at Life Insurance Corporation of India

based on 9 responses

15 days or less
78%
1 Month
11%
More than 3 months
11%
View all
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