LIC Housing Finance Associate Salaries by 40+ Employees (Updated 2025)

0 - 8 years exp.

₹4.2 Lakhs - ₹10.3 Lakhs

Salary of majority employees

At par with the average Associate Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 0 - 8 years exp. (21 salaries)	₹4.3 L/yr - ₹9 L/yr
Customer Success, Service & Operations Associate Salary 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7.4 L/yr
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Strategic & Top Management Associate Salary 4 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹8.1 L/yr

Last Updated: 2 Dec 2024

Companies similar to LIC Housing Finance for Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Salary 0 - 6 years exp. (67 salaries)	₹1.5 L/yr - ₹6.3 L/yr 56% less
ICICI Bank Associate Salary 0 - 5 years exp. (117 salaries)	₹1.1 L/yr - ₹8 L/yr 60% less
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Axis Bank Associate Salary 0 - 8 years exp. (57 salaries)	₹1.8 L/yr - ₹5 L/yr 58% less
State Bank of India Associate Salary 1 - 7 years exp. (146 salaries)	₹3 L/yr - ₹10 L/yr 12% less
Bajaj Finance Associate Salary 0 - 6 years exp. (38 salaries)	₹1.2 L/yr - ₹3.5 L/yr 70% less
Kotak Mahindra Bank Associate Salary 0 - 6 years exp. (1k salaries)	₹1.2 L/yr - ₹4.2 L/yr 66% less
Hero FinCorp Associate Salary 1 - 13 years exp. (117 salaries)	₹4.3 L/yr - ₹16 L/yr 40% more
Kotak Mahindra Prime Associate Salary 1 - 8 years exp. (100 salaries)	₹1.6 L/yr - ₹3.7 L/yr 64% less
Home Credit Finance Associate Salary 2 - 7 years exp. (68 salaries)	₹1.5 L/yr - ₹3.6 L/yr 67% less	2 job openings
BA Continuum Associate Salary 7 - 14 years exp. (45 salaries)	₹12.5 L/yr - ₹44.1 L/yr 297% more
Mahindra Rural Housing Finance Associate Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3.1 L/yr 73% less
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InCred Finance Associate Salary 0 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹6.1 L/yr 42% less
PNB Housing Finance Associate Salary 0 - 8 years exp. (7 salaries)	₹3.1 L/yr - ₹5 L/yr 47% less
Bajaj Housing Finance Associate Salary 1 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹3.8 L/yr 67% less
Piramal Capital Housing Finance Associate Salary 0 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹2.3 L/yr 75% less
Sammaan Capital Limited Associate Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 70% less
MAS Financial Services Associate Salary 1 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹2.9 L/yr 70% less

Associate salary at LIC Housing Finance ranges between ₹4.2 Lakhs to ₹10.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 41 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Associate salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7 L/yr - ₹14.1 L/yr
1 year (6 salaries)	₹7 L/yr - ₹9 L/yr
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2 years (4 salaries)	₹5 L/yr - ₹10.3 L/yr
3 years (6 salaries)	₹4.2 L/yr - ₹9.1 L/yr
4 years (8 salaries)	₹6 L/yr - ₹9 L/yr
5 years (7 salaries)	₹4.3 L/yr - ₹8 L/yr
6 years (6 salaries)	₹4.5 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹13.3 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9 L/yr

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Similar Designation salaries in LIC Housing Finance

Senior Associate Salary

(17 salaries)

₹6.3 L/yr - ₹14 L/yr

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹3.15 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹12.8 L/yr - ₹16.3 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹21.4 L/yr - ₹27.4 L/yr

Salary related reviews for LIC Housing Finance

4.5

Rated by 6 employees for salary & benefits

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

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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LIC Housing Finance Associate Salary FAQs

What is the salary of Associate at LIC Housing Finance?

Associate salary at LIC Housing Finance in India ranges between ₹4.2 Lakhs to ₹10.3 Lakhs for less than 1 year of experience to 8 years. Salary estimates are based on 41 latest salaries received from various employees of LIC Housing Finance India.

Which similar companies are paying more than LIC Housing Finance to a Associate in India?

BA Continuum Associate Salary - ₹12.5 Lakhs to ₹44.1 Lakhs per year
Hero FinCorp Associate Salary - ₹4.3 Lakhs to ₹16.0 Lakhs per year

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

State Bank of India Associate Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
InCred Finance Associate Salary - ₹1.2 Lakhs to ₹6.1 Lakhs per year
PNB Housing Finance Associate Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
HDFC Bank Associate Salary - ₹1.5 Lakhs to ₹6.3 Lakhs per year
Axis Bank Associate Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Associate at LIC Housing Finance ranges between ₹56,162 per month to ₹57,570 per month in India. The take-home salary calculation is based on the average LIC Housing Finance Associate salary in India which ranges between ₹4.2 Lakhs to ₹10.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Associate at LIC Housing Finance?

According to AmbitionBox, 70% of the LIC Housing Finance Associates reported a notice period of 1 Month, 19% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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LIC Housing Finance Associate Salaries

LIC Housing Finance Associate salary in India ranges between ₹4.2 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.