LIC Housing Finance Collections Executive Salaries by 4 Employees

4 - 7 years exp.

₹1.1 Lakh - ₹1.4 Lakh

Low Confidence

Salary of majority employees

54% less than the average Collections Executive Salary in NBFC Companies for 4 - 7 years of experience

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Last Updated: 19 Nov 2023

Companies similar to LIC Housing Finance for Collections Executive

Company name	Avg Annual Salary	Open Jobs
Home Credit Finance Collections Executive Salary 1 - 10 years exp. (267 salaries)	₹1.2 L/yr - ₹4.5 L/yr 134% more
Hinduja Leyland Finance Collections Executive Salary 0 - 7 years exp. (222 salaries)	₹1.3 L/yr - ₹3.2 L/yr 71% more
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Hero FinCorp Collections Executive Salary 1 - 6 years exp. (164 salaries)	₹1 L/yr - ₹4.6 L/yr 115% more
Mahindra Rural Housing Finance Collections Executive Salary 1 - 5 years exp. (64 salaries)	₹1.2 L/yr - ₹2.7 L/yr 73% more
Kotak Mahindra Prime Collections Executive Salary 0 - 5 years exp. (53 salaries)	₹1.8 L/yr - ₹3.1 L/yr 108% more
Sammaan Capital Limited Collections Executive Salary 0 - 6 years exp. (52 salaries)	₹2 L/yr - ₹4.1 L/yr 141% more
Kogta Financial India Limited Collections Executive Salary 0 - 8 years exp. (42 salaries)	₹1.4 L/yr - ₹3.5 L/yr 96% more
India Shelter Finance Corporation Collections Executive Salary 0 - 7 years exp. (25 salaries)	₹1.7 L/yr - ₹3.2 L/yr 130% more	1 job opening
Bajaj Housing Finance Collections Executive Salary 1 - 5 years exp. (23 salaries)	₹1.8 L/yr - ₹4.5 L/yr 139% more
Manba Finance Collections Executive Salary 0 - 4 years exp. (22 salaries)	₹0.9 L/yr - ₹2.5 L/yr 49% more
Finova Capital Collections Executive Salary 1 - 6 years exp. (13 salaries)	₹2 L/yr - ₹3 L/yr 104% more
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Shubham Housing Development Finance Collections Executive Salary 2 - 7 years exp. (12 salaries)	₹1.8 L/yr - ₹2.6 L/yr 93% more
mPokket Collections Executive Salary 0 - 2 years exp. (10 salaries)	₹1.7 L/yr - ₹2 L/yr 46% more
PNB Housing Finance Collections Executive Salary 0 - 5 years exp. (8 salaries)	₹2.6 L/yr - ₹3.3 L/yr 147% more
MAS Financial Services Collections Executive Salary 0 - 3 years exp. (8 salaries)	₹1.2 L/yr - ₹1.8 L/yr 30% more
Tyger Capital Collections Executive Salary 1 - 8 years exp. (8 salaries)	₹2.8 L/yr - ₹3 L/yr 131% more
Tata Capital Housing Finance Collections Executive Salary 0 - 8 years exp. (7 salaries)	₹1.6 L/yr - ₹3.2 L/yr 113% more
Vistaar Finance Collections Executive Salary 0 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹2 L/yr 59% more
IKF Finance Collections Executive Salary 1 - 4 years exp. (6 salaries)	₹2.9 L/yr - ₹3.5 L/yr 169% more
Aptus Value Housing Finance India Collections Executive Salary 2 - 9 years exp. (5 salaries)	₹2.2 L/yr - ₹3.3 L/yr 129% more

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Collections Executive salary at LIC Housing Finance ranges between ₹1.1 Lakh to ₹1.4 Lakh per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Collections Executive salaries

Last Updated: 19 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr
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6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr

Salary related reviews for LIC Housing Finance

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During covid 19 no one get salary or any compensation from LICHFL. No work no pay.

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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.

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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.

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LIC Housing Finance Collections Executive Salary FAQs

What is the salary of Collections Executive at LIC Housing Finance ?

The average salary of a Collections Executive at LIC Housing Finance in India typically ranges from ₹1.1 Lakhs to ₹1.4 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Collections Executive at LIC Housing Finance earn more than ₹1.2 Lakhs per year, and the top 1% earn over ₹1.2 Lakhs per year. Collections 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 Collections Executive at LIC Housing Finance in India?

The estimated take-home salary of a Collections Executive at LIC Housing Finance in India typically ranges from ₹8,139 to ₹8,895 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹1.4 Lakhs per year for employees with experience ranging from 4 years to 7 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 Collections Executive in India?

Ugro Capital	₹3.0 Lakhs to ₹4.5 Lakhs per year
IKF Finance	₹2.9 Lakhs to ₹3.5 Lakhs per year
PNB Housing Finance	₹2.6 Lakhs to ₹3.3 Lakhs per year
InCred Finance	₹2.0 Lakhs to ₹5.0 Lakhs per year
Sammaan Capital Limited	₹2.0 Lakhs to ₹4.1 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 Collections Executive in companies similar to LIC Housing Finance in India?

The salary of a Collections 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:

Bajaj Housing Finance	₹1.8 Lakhs to ₹4.5 Lakhs per year
Electronica Finance	₹2.6 Lakhs to ₹3.0 Lakhs per year
Home Credit Finance	₹1.2 Lakhs to ₹4.5 Lakhs per year
Tyger Capital	₹2.8 Lakhs to ₹3.0 Lakhs per year
India Shelter Finance Corporation	₹1.7 Lakhs to ₹3.2 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 Collections Executive at LIC Housing Finance in India?

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

Experience	Average Salary Range
4 years	₹1.2 Lakhs to ₹1.2 Lakhs per year
5 years	₹1.2 Lakhs to ₹1.2 Lakhs per year
6 years	₹1.2 Lakhs to ₹1.2 Lakhs per year
7 years	₹1.2 Lakhs to ₹1.2 Lakhs per year

and so on.

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LIC Housing Finance Collections Executive Salaries

LIC Housing Finance Collections Executive salary in India ranges between ₹1.1 Lakh to ₹1.4 Lakh 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.