LIC Housing Finance Assistant Branch Manager Salaries by 3 Employees

0 - 20 years exp.

₹10 Lakhs - ₹21 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

192% more than the average Assistant Branch Manager Salary in NBFC Companies for 0 - 20 years of experience

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Last Updated: 8 Jul 2023

Companies similar to LIC Housing Finance for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
Aptus Value Housing Finance India Assistant Branch Manager Salary 4 - 8 years exp. (38 salaries)	₹1.8 L/yr - ₹6 L/yr 70% less
Finova Capital Assistant Branch Manager Salary 1 - 8 years exp. (24 salaries)	₹1.9 L/yr - ₹4.5 L/yr 79% less
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Electronica Finance Assistant Branch Manager Salary 3 - 10 years exp. (21 salaries)	₹2.3 L/yr - ₹6 L/yr 70% less
Vistaar Finance Assistant Branch Manager Salary 0 - 7 years exp. (16 salaries)	₹2 L/yr - ₹4 L/yr 80% less
Muthoottu Mini Financiers Assistant Branch Manager Salary 0 - 13 years exp. (14 salaries)	₹1.8 L/yr - ₹3 L/yr 83% less
Tyger Capital Assistant Branch Manager Salary 3 - 6 years exp. (11 salaries)	₹3.5 L/yr - ₹4.3 L/yr 75% less
IKF Finance Assistant Branch Manager Salary 5 - 9 years exp. (10 salaries)	₹3.5 L/yr - ₹5.3 L/yr 72% less
Kogta Financial India Limited Assistant Branch Manager Salary 5 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹3.9 L/yr 79% less
Ugro Capital Assistant Branch Manager Salary 3 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 71% less
Midland Microfin Limited Assistant Branch Manager Salary 1 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹3.8 L/yr 78% less
Kinara Capital Assistant Branch Manager Salary 5 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹5.4 L/yr 74% less
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Dvara KGFS Assistant Branch Manager Salary 2 - 6 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr 75% less
Mahindra Rural Housing Finance Assistant Branch Manager Salary 0 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹5.5 L/yr 76% less
Bajaj Housing Finance Assistant Branch Manager Salary 1 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹3.5 L/yr 76% less

Assistant Branch Manager salary at LIC Housing Finance ranges between ₹10 Lakhs to ₹21 Lakhs per year for employees with less than 1 year of experience to 20 years. Salary estimates are based on 3 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Assistant Branch Manager salaries

Last Updated: 8 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
4 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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15+ years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr

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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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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LIC Housing Finance Assistant Branch Manager Salary FAQs

How the salary growth look like for a Assistant Branch Manager at LIC Housing Finance in India?

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

Experience	Average Salary Range
Fresher	₹9.0 Lakhs to ₹11.5 Lakhs per year
4 years	₹12.2 Lakhs to ₹15.5 Lakhs per year
15 years	₹18.9 Lakhs to ₹24.2 Lakhs per year

and so on.

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LIC Housing Finance Assistant Branch Manager Salaries

LIC Housing Finance Assistant Branch Manager salary in India ranges between ₹10 Lakhs to ₹21 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.