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GIC Housing Finance Associate salaries in India (Updated 2025)

Annual salary range
4 - 10 years exp.
₹2 Lakhs - ₹3 Lakhs
Salary of majority employees
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66% less than the average Associate Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Salary
4 - 7 years exp. (7 salaries)
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₹2 L/yr - ₹2.9 L/yr

BFSI, Investments & Trading
Associate Salary
4 - 6 years exp. (3 salaries)
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₹2 L/yr - ₹2.7 L/yr

Finance & Accounting
Associate Salary
8 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.8 L/yr

Last Updated: 8 Mar 2025

Companies similar to GIC Housing Finance for Associate

Company name Avg Annual Salary Open Jobs
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HDFC Bank Associate Salary

0 - 6 years exp. (67 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 36% more
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LIC Housing Finance Associate Salary

0 - 8 years exp. (41 salaries)

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₹4.2 L/yr - ₹10.3 L/yr

arrow icon 196% more
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₹1.4 L/yr - ₹2.3 L/yr

arrow icon 25% less
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Sammaan Capital Limited Associate Salary

1 - 3 years exp. (5 salaries)

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₹2.2 L/yr - ₹2.6 L/yr

arrow icon 11% less
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PNB Housing Finance Associate Salary

0 - 8 years exp. (7 salaries)

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₹3.1 L/yr - ₹5 L/yr

arrow icon 57% more
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L&T Finance Associate Salary

0 - 6 years exp. (7 salaries)

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₹1.7 L/yr - ₹3.6 L/yr

arrow icon 1% more
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ICICI Home Finance Associate Salary

1 - 7 years exp. (63 salaries)

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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 38% more
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Kotak Mahindra Prime Associate Salary

1 - 8 years exp. (102 salaries)

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₹1.6 L/yr - ₹3.8 L/yr

arrow icon 8% more
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Sundaram Finance Associate Salary

0 - 5 years exp. (83 salaries)

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₹1.2 L/yr - ₹3 L/yr

arrow icon 25% less
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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 20% less
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Poonawalla Fincorp Associate Salary

1 - 5 years exp. (6 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 30% more
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MAS Financial Services Associate Salary

1 - 4 years exp. (4 salaries)

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₹1.2 L/yr - ₹2.9 L/yr

arrow icon 10% less
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Capri Global Capital Associate Salary

0 - 8 years exp. (3 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 89% more
Associate salary at GIC Housing Finance ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 17 latest salaries received from various employees of GIC Housing Finance.

Latest annual salaries shared by GIC Housing Finance Associate

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7 years exp.

Experience wise GIC Housing Finance Associate salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.3 L/yr
5 years  (5 salaries)

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₹2.3 L/yr - ₹2.9 L/yr
6 years  (5 salaries)

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₹2 L/yr - ₹3 L/yr
7 years  (3 salaries)

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₹2.3 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.7 L/yr
View all

Similar Designation salaries in GIC Housing Finance

Senior Associate Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Associate Consultant Salary
(AmbitionBox Estimate)
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₹11 L/yr - ₹14 L/yr
Software Engineer Salary
(AmbitionBox Estimate)
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₹80.8 L/yr - ₹89.3 L/yr

Salary related reviews for GIC Housing Finance

4.0

Rated by 4 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 06 Jun 2023

2.0
 for  Salary and Benefits

Likes

This company is good only salary paid to us time to time.

  • Skill development - Good
  • +4 more

Dislikes

This company paid salary time to time but salary not increase to all associates employees time to time also not give us bonus to all associates employee ,they have only increase salary and give bonus of permanent staff time to time.i have spent my 11yrs in this company with hard working but no body solve our salary and financial problem.

read more
  • Salary - Poor
  • +1 more

BFSI, Investments & Trading Department

1.0
  •  posted on 16 Jan 2019

3.0
 for  Salary and Benefits

Likes

Hopeless organisation. Only pay is decent. The company doesnot take care of its employees at all.

read more

Dislikes

The company doesnot take care of the needs of the employees. The management is extremely faulty and judgmental.

  • Skill development - Bad
  • +4 more

Full Time

 · 

Other Department

4.0
  •  posted on 21 Dec 2024

3.0
 for  Salary and Benefits

Likes

Culture of the company, job security, work life balance and minimum work pressure.

  • Job security - Excellent
  • +2 more

Dislikes

As there is limited work pressure, Thus, the chances of promotion is bare minimum, All the work is related to credit therefore, very limited salary appraisal lesser than the market standards. Outdated technology.

read more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 27 Sep 2024

5.0
 for  Salary and Benefits

Likes

GIC housing finance ltd.comapny is govt.undertaking and this company give opportunity of office role person for growth of his/her work experience and this company give us salary time to time.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No any comments.

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 26 Oct 2023

5.0
 for  Salary and Benefits

Likes

It provides me a great learning opportunitie as i was able to learn about various aspects of credit processing and underwriting it also provides me with financial knowledge and skills required to know each consumer in there credit worthiness

read more
  • Salary - Excellent
  • +5 more

Dislikes

The company should more involve in digital marketing and also should have more public involvement as it will lead to the growth of the business

read more
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GIC Housing Finance Associate Salary FAQs

What is the salary of Associate at GIC Housing Finance ?
The average salary of a Associate at GIC Housing Finance in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Associate at GIC Housing Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Associate Salaries at GIC Housing Finance 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 10+ GIC Housing Finance employees in India.
What is the estimated take home salary of a Associate at GIC Housing Finance in India?
The estimated take-home salary of a Associate at GIC Housing Finance in India typically ranges from ₹17,939 to ₹19,633 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 10+ salaries received from various employees of GIC Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than GIC Housing Finance for Associate in India?
LIC Housing Finance ₹4.2 Lakhs to ₹10.3 Lakhs per year
Capri Global Capital ₹3.0 Lakhs to ₹8.5 Lakhs per year
PNB Housing Finance ₹3.1 Lakhs to ₹5.0 Lakhs per year
ICICI Home Finance ₹1.7 Lakhs to ₹5.5 Lakhs per year
HDFC Bank ₹1.5 Lakhs to ₹6.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by GIC Housing Finance, depending on the role and experience level.
What is the salary of a Associate in companies similar to GIC Housing Finance in India?
The salary of a Associate at companies similar to GIC Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp ₹3.2 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Prime ₹1.6 Lakhs to ₹3.8 Lakhs per year
L&T Finance ₹1.7 Lakhs to ₹3.6 Lakhs per year
MAS Financial Services ₹1.2 Lakhs to ₹2.9 Lakhs per year
Sammaan Capital Limited ₹2.2 Lakhs to ₹2.6 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 Associate at GIC Housing Finance in India?
The salary growth for a Associate at GIC Housing Finance depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at GIC Housing Finance:

Experience Average Salary Range
4 years ₹2.0 Lakhs to ₹4.3 Lakhs per year
5 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
6 years ₹2.0 Lakhs to ₹3.0 Lakhs per year
7 years ₹2.3 Lakhs to ₹4.6 Lakhs per year
and so on.

Tell us how to improve this page.

GIC Housing Finance Associate salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 GIC Housing Finance latest salaries received from various employees of GIC Housing Finance.