LIC Housing Finance Kolkata Area Manager Salaries by 4 Employees

6 - 9 years exp.

₹9 Lakhs - ₹20 Lakhs

Salary of majority employees

75% more than the average Area Manager Salary in NBFC Companies for 6 - 9 years of experience

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Salaries in different departments

Product Management Area Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹16.9 L/yr
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Finance & Accounting Area Manager Salary 7 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹21.3 L/yr

Last Updated: 22 Aug 2024

Companies similar to LIC Housing Finance for Area Manager in Kolkata

LIC Housing Finance Area Manager Salary

6 - 9 years exp. (4 salaries)

₹9 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Housing Finance Area Manager Salary 9 - 14 years exp. (8 salaries)	₹10 L/yr - ₹16.7 L/yr 23% less
Bandhan Bank Area Manager Salary 0 - 15 years exp. (106 salaries)	₹2.6 L/yr - ₹10 L/yr 71% less
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ITC Area Manager Salary 1 - 15 years exp. (52 salaries)	₹11.3 L/yr - ₹22 L/yr 12% less
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (34 salaries)	₹5.1 L/yr - ₹12 L/yr 52% less
Bajaj Allianz Life Insurance Area Manager Salary 6 - 17 years exp. (32 salaries)	₹5 L/yr - ₹15.4 L/yr 52% less

Area Manager salary at LIC Housing Finance ranges between ₹9 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Area Manager salaries in Kolkata

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹31.2 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹31.9 L/yr
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8 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.8 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹20 L/yr

Similar Designation salaries in LIC Housing Finance

Deputy Manager Salary

(8 salaries)

₹18 L/yr - ₹24.29 L/yr

Salary related reviews for LIC Housing Finance

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

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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LIC Housing Finance Area Manager Salary FAQs

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

The average salary of a Area Manager at LIC Housing Finance in Kolkata typically ranges from ₹9.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Area Manager in Kolkata at LIC Housing Finance earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Area Manager Salaries at LIC 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 4 LIC Housing Finance employees in India.

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

The estimated take-home salary of a Area Manager at LIC Housing Finance in Kolkata typically ranges from ₹1,21,524 to ₹1,24,984 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 6 years to 9 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 4 salaries received from various employees of LIC Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Area Manager at companies similar to LIC Housing Finance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ITC	₹11.3 Lakhs to ₹22.0 Lakhs per year
Bajaj Housing Finance	₹10.0 Lakhs to ₹16.7 Lakhs per year
SBI Life Insurance Company	₹5.1 Lakhs to ₹12.0 Lakhs per year
Bajaj Allianz Life Insurance	₹5.0 Lakhs to ₹15.4 Lakhs per year
Bandhan Bank	₹2.6 Lakhs to ₹10.0 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 Area Manager at LIC Housing Finance in Kolkata?

The salary growth for a Area Manager at LIC Housing Finance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Area Manager in Kolkata can expect the following growth trajectory at LIC Housing Finance:

Experience	Average Salary Range
6 years	₹9.0 Lakhs to ₹31.2 Lakhs per year
7 years	₹9.0 Lakhs to ₹31.9 Lakhs per year
8 years	₹16.3 Lakhs to ₹20.8 Lakhs per year
9 years	₹7.4 Lakhs to ₹20.0 Lakhs per year

and so on.

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LIC Housing Finance Area Manager Salaries in Kolkata

LIC Housing Finance Area Manager salary in Kolkata ranges between ₹9 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.