LIC Housing Finance Area Credit Manager Salaries by 4 Employees (Updated 2025)

4 - 20 years exp.

₹8.5 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

29% more than the average Area Credit Manager Salary in NBFC Companies for 4 - 20 years of experience

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Last Updated: 16 Mar 2023

Companies similar to LIC Housing Finance for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 5 - 18 years exp. (228 salaries)	₹8 L/yr - ₹30 L/yr 21% more
ICICI Bank Area Credit Manager Salary 2 - 14 years exp. (339 salaries)	₹5.4 L/yr - ₹21.7 L/yr 15% less
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Axis Bank Area Credit Manager Salary 6 - 14 years exp. (294 salaries)	₹6.5 L/yr - ₹23 L/yr 3% less
Bajaj Finance Area Credit Manager Salary 3 - 12 years exp. (85 salaries)	₹4.4 L/yr - ₹14 L/yr 38% less
Kotak Mahindra Bank Area Credit Manager Salary 5 - 14 years exp. (88 salaries)	₹6.5 L/yr - ₹24.5 L/yr 1% less
Sammaan Capital Limited Area Credit Manager Salary 4 - 15 years exp. (48 salaries)	₹5.9 L/yr - ₹14.1 L/yr 34% less
PNB Housing Finance Area Credit Manager Salary 5 - 10 years exp. (51 salaries)	₹9 L/yr - ₹22 L/yr 1% more
Piramal Capital Housing Finance Area Credit Manager Salary 3 - 12 years exp. (68 salaries)	₹8.3 L/yr - ₹17 L/yr 13% less
Hero FinCorp Area Credit Manager Salary 5 - 13 years exp. (129 salaries)	₹7.3 L/yr - ₹21.1 L/yr 4% less	1 job opening
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (55 salaries)	₹6 L/yr - ₹16 L/yr 27% less
Ugro Capital Area Credit Manager Salary 2 - 10 years exp. (50 salaries)	₹6.6 L/yr - ₹16 L/yr 29% less
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Tyger Capital Area Credit Manager Salary 7 - 15 years exp. (46 salaries)	₹5.6 L/yr - ₹11.2 L/yr 46% less
Mahindra Rural Housing Finance Area Credit Manager Salary 6 - 18 years exp. (35 salaries)	₹5.6 L/yr - ₹14.3 L/yr 43% less	1 job opening
India Shelter Finance Corporation Area Credit Manager Salary 3 - 14 years exp. (27 salaries)	₹5.9 L/yr - ₹12.5 L/yr 45% less
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 37% less
Tata Capital Housing Finance Area Credit Manager Salary 4 - 14 years exp. (20 salaries)	₹11 L/yr - ₹20.7 L/yr 2% more
InCred Finance Area Credit Manager Salary 4 - 11 years exp. (19 salaries)	₹9 L/yr - ₹15 L/yr 23% less
Electronica Finance Area Credit Manager Salary 4 - 9 years exp. (21 salaries)	₹4.5 L/yr - ₹7.8 L/yr 57% less
Finova Capital Area Credit Manager Salary 4 - 13 years exp. (23 salaries)	₹5.4 L/yr - ₹11.2 L/yr 44% less
Kotak Mahindra Prime Area Credit Manager Salary 6 - 10 years exp. (7 salaries)	₹7 L/yr - ₹15.3 L/yr 16% less

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Area Credit Manager salary at LIC Housing Finance ranges between ₹8.5 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Area Credit Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
9 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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15+ years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr

Similar Designation salaries in LIC Housing Finance

Credit Manager Salary

(9 salaries)

₹7.99 L/yr - ₹30 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Branch Manager Salary

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₹9.1 L/yr - ₹20 L/yr

Sales Manager Salary

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₹3.5 L/yr - ₹5.6 L/yr

Credit Officer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Relationship Manager Salary

(7 salaries)

₹2.3 L/yr - ₹3 L/yr

Deputy Manager Salary

(73 salaries)

₹10 L/yr - ₹28 L/yr

Chief Manager Salary

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₹30 L/yr - ₹50 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Salary related reviews for LIC Housing Finance

Senior Associate in Meerut

Credit Operation Department

3.0

• posted on 25 Sep 2021

5.0

for Salary and Benefits

Likes

Good salary. Secure job. Brand name.

Salary - Excellent

+1 more

Dislikes

Long working hours throughout year. unskilled and under qualified seniors. No training. No hr policies. they don't have hr wing except for head office. Biases like any other psu culture. Transfers are at mercy of management

Skill development - Poor

+4 more

Area Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 30 Oct 2023

4.0

for Salary and Benefits

Likes

Stable job Good Salary

Salary - Good

+1 more

Dislikes

No learning and new skill development Only run after chasing numbers No work life balance Everyone is doing everything, no specific career path Transfers every 3 years Places of postings may not be satisfactory

Skill development - Bad

+3 more

Accountant in Vijayawada

Full Time

Finance & Accounting Department

3.0

• posted on 28 Jul 2020

5.0

for Salary and Benefits

Likes

Secured job. Good work culture. Pressuring the employees every day. Not good company for chartered accountants. Compensation & benefits good. Covid lockdown time given work from home facility.

Salary - Excellent

+3 more

Dislikes

No proper execution regarding how to utilise employee knowledge resources

Direct Marketing Executive in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jun 2020

1.0

for Salary and Benefits

Likes

During covid 19 no one get salary or any compensation from LICHFL. No work no pay.

Dislikes

We think that LICHFL will help us to grow our future career, but we are wrong. All of we doing permanent job before joining LICHFL,now we think why should we leave that job.

Salary - Bad

+6 more

Area Manager- Housing Finance in Kolkata

Other Department

4.0

• posted on 30 Jun 2022

4.0

for Salary and Benefits

Likes

It is a company that provides good compensation for the work we do. However promotion structure at officer cadres are rigid and long office hours are the norm. Overall if one is willing to compromise a bit on work life balance , it is good company to work for.

Salary - Good

+2 more

Dislikes

Work-life balance - Poor

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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LIC Housing Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at LIC Housing Finance?

Area Credit Manager salary at LIC Housing Finance in India ranges between ₹8.5 Lakhs to ₹20.0 Lakhs for experience between 4 years to 20 years. According to our estimates it is 29% more than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance India.

How does the salary of a Area Credit Manager at LIC Housing Finance India compare with the average salary range for this job?

The average salary of a Area Credit Manager at LIC Housing Finance is 29% more than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than LIC Housing Finance to a Area Credit Manager in India?

HDFC Bank Area Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Tata Capital Housing Finance Area Credit Manager Salary - ₹11.0 Lakhs to ₹20.7 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to LIC Housing Finance in India?

Kotak Mahindra Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹24.5 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
Hero FinCorp Area Credit Manager Salary - ₹7.3 Lakhs to ₹21.1 Lakhs per year
Piramal Capital Housing Finance Area Credit Manager Salary - ₹8.3 Lakhs to ₹17.0 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹5.4 Lakhs to ₹21.7 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at LIC Housing Finance in India?

The estimated take-home salary of a Area Credit Manager at LIC Housing Finance ranges between ₹1,04,997 per month to ₹1,07,880 per month in India. The take-home salary calculation is based on the average LIC Housing Finance Area Credit Manager salary in India which ranges between ₹8.5 Lakhs to ₹20.0 Lakhs per year for employees with experience between 4 years to 20 years. Check how did we calculate take home salary?

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LIC Housing Finance Area Credit Manager Salaries by Location

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LIC Housing Finance Area Credit Manager Salaries

LIC Housing Finance Area Credit Manager salary in India ranges between ₹8.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.

LIC Housing Finance Area Credit Manager salaries in India

Companies similar to LIC Housing Finance for Area Credit Manager

Latest annual salaries shared by LIC Housing Finance Area Credit Manager

Experience wise LIC Housing Finance Area Credit Manager salaries

Similar Designation salaries in LIC Housing Finance

Salary related reviews for LIC Housing Finance

Senior Associate in Meerut

Area Manager in Lucknow

Accountant in Vijayawada

Direct Marketing Executive in Kolkata

Area Manager- Housing Finance in Kolkata

LIC Housing Finance Area Credit Manager Salary FAQs

Tell us how to improve this page.

LIC Housing Finance Area Credit Manager Salaries by Location