LIC Housing Finance Mumbai Area Manager Salaries by 3 Employees (Updated 2024)

6 - 11 years exp.

₹20 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

125% 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)

₹20 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 51% less
ICICI Bank Area Manager Salary 2 - 6 years exp. (3 salaries)	₹5.1 L/yr - ₹6.5 L/yr 72% less
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Axis Bank Area Manager Salary 9 - 11 years exp. (4 salaries)	₹6.1 L/yr - ₹10.6 L/yr 63% less
Kotak Mahindra Bank Area Manager Salary 9 - 20 years exp. (8 salaries)	₹7.1 L/yr - ₹23.5 L/yr 31% less
Bajaj Housing Finance Area Manager Salary 6 - 13 years exp. (12 salaries)	₹6.1 L/yr - ₹16.5 L/yr 44% less

Area Manager salary at LIC Housing Finance ranges between ₹20 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)	₹20 L/yr - ₹40 L/yr
7 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹26 L/yr
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8 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.4 L/yr
9 years (AmbitionBox Estimate)	₹21 L/yr - ₹26.9 L/yr
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹25 L/yr

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Similar Designation salaries in LIC Housing Finance

Deputy Manager Salary

(32 salaries)

₹10.5 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

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

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.

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.

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.

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.

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 ₹20 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.