LIC Housing Finance Back Office Executive Salaries by 4 Employees

0 - 4 years exp.

₹1.2 Lakh - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Back Office Executive Salary in NBFC Companies for 0 - 4 years of experience

Interested in this particular role?

Last Updated: 7 Aug 2024

Companies similar to LIC Housing Finance for Back Office Executive

Company name	Avg Annual Salary	Open Jobs
Home Credit Finance Back Office Executive Salary 0 - 5 years exp. (42 salaries)	₹1 L/yr - ₹3 L/yr 19% more
Bajaj Housing Finance Back Office Executive Salary 0 - 5 years exp. (24 salaries)	₹1.5 L/yr - ₹2.7 L/yr 18% more
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MAS Financial Services Back Office Executive Salary 0 - 8 years exp. (19 salaries)	₹1.3 L/yr - ₹3 L/yr 30% more
IKF Finance Back Office Executive Salary 0 - 7 years exp. (15 salaries)	₹0.9 L/yr - ₹2.1 L/yr 17% less
Manba Finance Back Office Executive Salary 1 - 7 years exp. (12 salaries)	₹1.2 L/yr - ₹3 L/yr 15% more
Sammaan Capital Limited Back Office Executive Salary 0 - 7 years exp. (12 salaries)	₹1.6 L/yr - ₹3.5 L/yr 45% more
Kogta Financial India Limited Back Office Executive Salary 1 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹2.2 L/yr 11% more
Hero FinCorp Back Office Executive Salary 2 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr 50% more
Hinduja Leyland Finance Back Office Executive Salary 2 - 8 years exp. (5 salaries)	₹1.2 L/yr - ₹2.3 L/yr 6% more
BA Continuum Back Office Executive Salary 8 - 16 years exp. (4 salaries)	₹2.6 L/yr - ₹7 L/yr 69% more
Midland Microfin Limited Back Office Executive Salary 0 - 4 years exp. (4 salaries)	₹1.1 L/yr - ₹2.8 L/yr 6% more
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Light Microfinance Back Office Executive Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 30% more
Ugro Capital Back Office Executive Salary 0 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 20% more
mPokket Back Office Executive Salary 0 - 8 years exp. (4 salaries)	₹1 L/yr - ₹3.9 L/yr 11% more
Shubham Housing Development Finance Back Office Executive Salary 2 - 12 years exp. (3 salaries)	₹1.5 L/yr - ₹2.7 L/yr 20% more
India Shelter Finance Corporation Back Office Executive Salary 0 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 11% more
Kotak Mahindra Prime Back Office Executive Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.3 L/yr 8% more
Mahindra Rural Housing Finance Back Office Executive Salary 5 - 7 years exp. (3 salaries)	₹1.5 L/yr - ₹2.1 L/yr 15% more
Tata Capital Housing Finance Back Office Executive Salary 0 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3.2 L/yr 34% more
InCred Finance Back Office Executive Salary 3 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹4.6 L/yr 79% more

Back Office Executive salary at LIC Housing Finance ranges between ₹1.2 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Back Office Executive salaries

Last Updated: 7 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.8 L/yr

Similar Designation salaries in LIC Housing Finance

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Sales Executive Salary

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₹1.45 L/yr - ₹5 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Operations Executive Salary

(5 salaries)

₹2 L/yr - ₹4 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Customer Service Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Office Assistant Salary

(6 salaries)

₹1.05 L/yr - ₹3.84 L/yr

Customer Support Executive Salary

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₹2 L/yr - ₹3.6 L/yr

Data Entry Operator Salary

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Senior Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for LIC Housing Finance

4.6

Rated by 3 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 Back Office Executive Salary FAQs

What is the salary of Back Office Executive at LIC Housing Finance ?

The average salary of a Back Office Executive at LIC Housing Finance in India typically ranges from ₹1.2 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Back Office Executive at LIC Housing Finance earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Back Office Executive 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 4 LIC Housing Finance employees in India.

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

The estimated take-home salary of a Back Office Executive at LIC Housing Finance in India typically ranges from ₹12,606 to ₹13,967 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 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 Back Office Executive in India?

InCred Finance	₹2.4 Lakhs to ₹4.6 Lakhs per year
BA Continuum	₹2.6 Lakhs to ₹7.0 Lakhs per year
Hero FinCorp	₹1.8 Lakhs to ₹3.6 Lakhs per year
Sammaan Capital Limited	₹1.6 Lakhs to ₹3.5 Lakhs per year
Tata Capital Housing Finance	₹1.8 Lakhs to ₹3.2 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 Back Office Executive in companies similar to LIC Housing Finance in India?

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

Light Microfinance	₹2.0 Lakhs to ₹3.0 Lakhs per year
MAS Financial Services	₹1.3 Lakhs to ₹3.0 Lakhs per year
Ugro Capital	₹1.9 Lakhs to ₹3.0 Lakhs per year
Shubham Housing Development Finance	₹1.5 Lakhs to ₹2.7 Lakhs per year
Home Credit Finance	₹1.0 Lakhs to ₹3.0 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 Back Office Executive at LIC Housing Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.2 Lakhs to ₹2.8 Lakhs per year
1 year	₹1.5 Lakhs to ₹2.0 Lakhs per year
2 years	₹0.7 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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LIC Housing Finance Back Office Executive Salaries

LIC Housing Finance Back Office Executive salary in India ranges between ₹1.2 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.