LIC Housing Finance Associate Salaries by 40+ Employees

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
Hero FinCorp Associate Salary 1 - 13 years exp. (118 salaries)	₹4.4 L/yr - ₹17 L/yr 44% more
Kotak Mahindra Prime Associate Salary 1 - 8 years exp. (102 salaries)	₹1.6 L/yr - ₹4.5 L/yr 63% less
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Home Credit Finance Associate Salary 0 - 7 years exp. (76 salaries)	₹1.5 L/yr - ₹3.6 L/yr 68% less	1 job opening
BA Continuum Associate Salary 7 - 15 years exp. (48 salaries)	₹13.5 L/yr - ₹44.1 L/yr 301% more
Mahindra Rural Housing Finance Associate Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3.1 L/yr 73% less
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 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹3.8 L/yr 67% 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
mPokket Associate Salary 0 - 2 years exp. (5 salaries)	₹4 L/yr - ₹14 L/yr 20% more
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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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LIC Housing Finance Associate Salary FAQs

What is the salary of Associate at LIC Housing Finance ?

The average salary of a Associate at LIC Housing Finance in India typically ranges from ₹4.2 Lakhs to ₹10.3 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Associate at LIC Housing Finance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Associate 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 40+ LIC Housing Finance employees in India.

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 in India typically ranges from ₹56,162 to ₹57,570 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from Fresher to 8 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 40+ salaries received from various employees of LIC Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than LIC Housing Finance for Associate in India?

BA Continuum	₹13.5 Lakhs to ₹44.1 Lakhs per year
Hero FinCorp	₹4.4 Lakhs to ₹17.0 Lakhs per year
mPokket	₹4.0 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by LIC Housing Finance, depending on the role and experience level.

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

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

InCred Finance	₹1.2 Lakhs to ₹6.1 Lakhs per year
PNB Housing Finance	₹3.1 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra Prime	₹1.6 Lakhs to ₹4.5 Lakhs per year
Bajaj Housing Finance	₹1.8 Lakhs to ₹3.8 Lakhs per year
Home Credit Finance	₹1.5 Lakhs to ₹3.6 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 Associate at LIC Housing Finance in India?

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

Experience	Average Salary Range
Fresher	₹7.0 Lakhs to ₹14.1 Lakhs per year
1 year	₹7.0 Lakhs to ₹9.0 Lakhs per year
2 years	₹5.0 Lakhs to ₹10.3 Lakhs per year
3 years	₹4.2 Lakhs to ₹9.1 Lakhs per year

and so on.

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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.