LIC Housing Finance Area Manager Salaries by 20+ Employees (Updated 2025)

5 - 11 years exp.

₹9 Lakhs - ₹25 Lakhs

Salary of majority employees

Fixed (91%)

₹16.8 Lakhs

Variable (9%)

₹1.7 Lakh

93% more than the average Area Manager Salary in NBFC Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 7 - 11 years exp. (9 salaries)	₹9 L/yr - ₹25 L/yr
Finance & Accounting Area Manager Salary 5 - 11 years exp. (5 salaries)	₹9 L/yr - ₹24 L/yr
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Product Management Area Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹17.3 L/yr
Consulting Area Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹18 L/yr

Last Updated: 4 Jan 2025

Companies similar to LIC Housing Finance for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Manager Salary 6 - 18 years exp. (84 salaries)	₹4.7 L/yr - ₹19.7 L/yr 38% less
ICICI Bank Area Manager Salary 2 - 17 years exp. (92 salaries)	₹4.3 L/yr - ₹12 L/yr 53% less
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Axis Bank Area Manager Salary 5 - 16 years exp. (148 salaries)	₹4.5 L/yr - ₹14.6 L/yr 54% less
Kotak Mahindra Bank Area Manager Salary 8 - 21 years exp. (102 salaries)	₹7 L/yr - ₹27 L/yr 16% less
Bajaj Finance Area Manager Salary 5 - 16 years exp. (115 salaries)	₹5 L/yr - ₹14.5 L/yr 43% less
Sammaan Capital Limited Area Manager Salary 8 - 11 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 68% less
Tata Capital Area Manager Salary 7 - 16 years exp. (7 salaries)	₹3.7 L/yr - ₹11.9 L/yr 55% less	2 job openings
PNB Housing Finance Area Manager Salary 7 - 15 years exp. (8 salaries)	₹8.3 L/yr - ₹11 L/yr 44% less
Bajaj Housing Finance Area Manager Salary 5 - 14 years exp. (121 salaries)	₹5.8 L/yr - ₹17.8 L/yr 30% less
Hinduja Leyland Finance Area Manager Salary 5 - 17 years exp. (21 salaries)	₹3.3 L/yr - ₹9.7 L/yr 62% less
Mahindra Rural Housing Finance Area Manager Salary 10 - 17 years exp. (10 salaries)	₹9.3 L/yr - ₹14 L/yr 45% less
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Electronica Finance Area Manager Salary 5 - 14 years exp. (9 salaries)	₹5.1 L/yr - ₹10.5 L/yr 61% less
Hero FinCorp Area Manager Salary 1 - 9 years exp. (8 salaries)	₹10.3 L/yr - ₹14.5 L/yr 37% less
Muthoottu Mini Financiers Area Manager Salary 3 - 18 years exp. (6 salaries)	₹2.5 L/yr - ₹3.7 L/yr 81% less
IKF Finance Area Manager Salary 11 - 16 years exp. (5 salaries)	₹6.6 L/yr - ₹10.6 L/yr 54% less
Tata Capital Housing Finance Area Manager Salary 8 - 18 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 15% less
Tyger Capital Area Manager Salary 8 - 15 years exp. (5 salaries)	₹8.2 L/yr - ₹11.3 L/yr 45% less
Finova Capital Area Manager Salary 12 - 17 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 55% less
Shubham Housing Development Finance Area Manager Salary 4 - 21 years exp. (4 salaries)	₹4.5 L/yr - ₹12 L/yr 63% less
India Shelter Finance Corporation Area Manager Salary 4 - 16 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 47% less

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Area Manager salary at LIC Housing Finance ranges between ₹9 Lakhs to ₹25 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 29 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Area Manager salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
5 years (4 salaries)	₹9 L/yr - ₹19 L/yr
6 years (4 salaries)	₹9 L/yr - ₹20 L/yr
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7 years (7 salaries)	₹9 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)	₹14 L/yr - ₹33.3 L/yr
9 years (4 salaries)	₹9 L/yr - ₹24 L/yr
10 years (3 salaries)	₹13 L/yr - ₹25 L/yr
11 years (5 salaries)	₹12 L/yr - ₹25 L/yr

View all

Similar Designation salaries in LIC Housing Finance

Sales Manager Salary

(11 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Branch Manager Salary

(8 salaries)

₹9.1 L/yr - ₹20 L/yr

Area Sales Manager Salary

(5 salaries)

₹3.8 L/yr - ₹4.25 L/yr

Deputy Manager Salary

(73 salaries)

₹10 L/yr - ₹28 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.4 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Territory Manager Salary

(8 salaries)

₹5.55 L/yr - ₹7.8 L/yr

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹3.15 L/yr

Sales Officer Salary

(8 salaries)

₹2.1 L/yr - ₹3.15 L/yr

Salary related reviews for LIC Housing Finance

4.7

Rated by 7 employees for salary & benefits

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

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

see more salary related reviews

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LIC Housing Finance Area Manager Salary FAQs

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

Area Manager salary at LIC Housing Finance in India ranges between ₹9.0 Lakhs to ₹25.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 93% more than the average Area Manager Salary in India. Salary estimates are based on 29 latest salaries received from various employees of LIC Housing Finance India.

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

The average salary of a Area Manager at LIC Housing Finance is 93% more than the average salary of a Area Manager in India. To know exact salary insights, login to view.

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

Tata Capital Housing Finance Area Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra Bank Area Manager Salary - ₹7.0 Lakhs to ₹27.0 Lakhs per year
Bajaj Housing Finance Area Manager Salary - ₹5.8 Lakhs to ₹17.8 Lakhs per year
Hero FinCorp Area Manager Salary - ₹10.3 Lakhs to ₹14.5 Lakhs per year
HDFC Bank Area Manager Salary - ₹4.7 Lakhs to ₹19.7 Lakhs per year

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

The estimated take-home salary of a Area Manager at LIC Housing Finance ranges between ₹1,23,813 per month to ₹1,27,578 per month in India. The take-home salary calculation is based on the average LIC Housing Finance Area Manager salary in India which ranges between ₹9.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at LIC Housing Finance?

According to AmbitionBox, 91% of the LIC Housing Finance Area Managers reported a notice period of 3 Months, 9% reported a notice period of 1 Month.This is based on 22 responses on AmbitionBox in last 2 years.

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LIC Housing Finance Area Manager Salaries

LIC Housing Finance Area Manager salary in India ranges between ₹9 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.