When it comes to earning potential, LIC agents in India see a wide range of monthly incomes, depending on their location. Here’s a closer look at how earnings vary across different states and union territories.
Lowest Earnings in Himachal Pradesh
LIC agents in Himachal Pradesh earn the lowest average monthly income among all states and union territories. On average, these agents make just ₹10,328 per month. This figure stands in stark contrast to the highest average income reported in the Andaman & Nicobar Islands.
Highest Earnings in Andaman & Nicobar Islands
On the other end of the spectrum, LIC agents in the Andaman & Nicobar Islands enjoy the highest average monthly income of ₹20,446. Despite this lucrative income, the number of agents in this region is the smallest, with only 273 agents.
Agent Distribution Across India
LIC boasts a vast network of agents across the country, totaling 13,90,920. Among the larger states:
- Uttar Pradesh leads with the highest number of agents, totaling over 1.84 lakh. Agents here earn an average of ₹11,887 per month.
- Maharashtra has more than 1.61 lakh agents, with an average monthly income of ₹14,931.
- West Bengal comes next, with 1,19,975 agents earning an average of ₹13,512 per month.
- Tamil Nadu has 87,347 agents with an average monthly income of ₹13,444.
- Karnataka follows closely with 81,674 agents earning an average of ₹13,265.
- Rajasthan reports 75,310 agents with an average monthly income of ₹13,960.
- Madhya Pradesh has 63,779 agents earning an average of ₹11,647 per month.
- The NCR of Delhi has 40,469 agents, who earn the highest average monthly income among the larger states at ₹15,169.
This diverse range in earnings reflects the varying economic conditions and demand for LIC services across different regions of India.