LIC Housing Finance Mumbai Area Manager Salaries by 3 Employees (Updated 2025)

6 - 11 years exp.

₹18.4 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

91% more than the average Area Manager Salary in NBFC Companies for 6 - 11 years of experience

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Last Updated: 22 Nov 2024

Companies similar to LIC Housing Finance for Area Manager in Mumbai

LIC Housing Finance Area Manager Salary

6 - 11 years exp. (3 salaries)

₹18.4 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Manager Salary 13 - 16 years exp. (3 salaries)	₹11 L/yr - ₹19.5 L/yr 37% less
ICICI Bank Area Manager Salary 2 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹8.5 L/yr 57% less
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Kotak Mahindra Bank Area Manager Salary 9 - 20 years exp. (8 salaries)	₹7.1 L/yr - ₹22.9 L/yr 20% less
Bajaj Finance Area Manager Salary 5 - 11 years exp. (6 salaries)	₹8 L/yr - ₹14.3 L/yr 47% less
Bajaj Housing Finance Area Manager Salary 6 - 13 years exp. (12 salaries)	₹6.1 L/yr - ₹16.5 L/yr 34% less

Area Manager salary at LIC Housing Finance ranges between ₹18.4 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Area Manager salaries in Mumbai

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹20 L/yr
7 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
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8 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr
9 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.8 L/yr
10 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹25 L/yr

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Similar Designation salaries in LIC Housing Finance

Deputy Manager Salary

(24 salaries)

₹13 L/yr - ₹25 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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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LIC Housing Finance Area Manager Salary FAQs

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

According to AmbitionBox, 100% of the LIC Housing Finance Area Managers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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LIC Housing Finance Area Manager Salaries in Mumbai

LIC Housing Finance Area Manager salary in Mumbai ranges between ₹18.4 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.