LIC Housing Finance Mumbai Credit Manager Salaries by 4 Employees (Updated 2025)

3 - 11 years exp.

₹12.2 Lakhs - ₹18 Lakhs

Salary of majority employees

95% more than the average Credit Manager Salary in NBFC Companies for 3 - 11 years of experience

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Last Updated: 18 Dec 2024

Companies similar to LIC Housing Finance for Credit Manager in Mumbai

LIC Housing Finance Credit Manager Salary

3 - 11 years exp. (4 salaries)

₹12.2 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (447 salaries)	₹4 L/yr - ₹14.6 L/yr 44% less	1 job opening
ICICI Bank Credit Manager Salary 0 - 11 years exp. (565 salaries)	₹4.3 L/yr - ₹15.2 L/yr 36% less	1 job opening
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Axis Bank Credit Manager Salary 0 - 12 years exp. (144 salaries)	₹3.9 L/yr - ₹15 L/yr 43% less
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	₹12 L/yr - ₹27 L/yr 29% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (241 salaries)	₹3.6 L/yr - ₹14 L/yr 44% less
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (8 salaries)	₹3.5 L/yr - ₹6.6 L/yr 68% less
Tata Capital Credit Manager Salary 0 - 10 years exp. (81 salaries)	₹3.5 L/yr - ₹13.1 L/yr 48% less	8 job openings
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (98 salaries)	₹3 L/yr - ₹10 L/yr 57% less
PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (18 salaries)	₹5 L/yr - ₹11.4 L/yr 49% less
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (22 salaries)	₹4.5 L/yr - ₹11 L/yr 49% less
InCred Finance Credit Manager Salary 2 - 9 years exp. (22 salaries)	₹4.1 L/yr - ₹10 L/yr 59% less
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Shubham Housing Development Finance Credit Manager Salary 2 - 10 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 71% less
Tata Capital Housing Finance Credit Manager Salary 4 - 8 years exp. (11 salaries)	₹5 L/yr - ₹11.7 L/yr 47% less
Ugro Capital Credit Manager Salary 3 - 9 years exp. (8 salaries)	₹4.5 L/yr - ₹8.5 L/yr 56% less
Bajaj Housing Finance Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹5.3 L/yr 72% less
Hinduja Leyland Finance Credit Manager Salary 3 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹6.4 L/yr 60% less

Credit Manager salary at LIC Housing Finance ranges between ₹12.2 Lakhs to ₹18 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Credit Manager salaries in Mumbai

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹14 L/yr
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5 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
6 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹28.5 L/yr
9 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
10 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.9 L/yr
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹18 L/yr

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Similar Designation salaries in LIC Housing Finance

Deputy Manager Salary

(24 salaries)

₹13 L/yr - ₹25 L/yr

Salary related reviews for LIC Housing Finance

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

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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LIC Housing Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at LIC Housing Finance Mumbai?

Credit Manager salary at LIC Housing Finance in Mumbai ranges between ₹12.2 Lakhs to ₹18.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 95% more than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance Mumbai.

How does the salary of a Credit Manager at LIC Housing Finance Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at LIC Housing Finance is 95% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than LIC Housing Finance to a Credit Manager in Mumbai?

State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to LIC Housing Finance in Mumbai?

ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹15.2 Lakhs per year
Axis Bank Credit Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.6 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.7 Lakhs per year

What is the estimated take home salary of a Credit Manager at LIC Housing Finance in Mumbai?

The estimated take-home salary of a Credit Manager at LIC Housing Finance ranges between ₹1,08,313 per month to ₹1,11,303 per month in Mumbai. The take-home salary calculation is based on the average LIC Housing Finance Credit Manager salary in India which ranges between ₹12.2 Lakhs to ₹18.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at LIC Housing Finance in Mumbai?

According to AmbitionBox, 50% of the LIC Housing Finance Credit Managers in Mumbai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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LIC Housing Finance Credit Manager Salaries in Mumbai

LIC Housing Finance Credit Manager salary in Mumbai ranges between ₹12.2 Lakhs to ₹18 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.