LIC Housing Finance Debt Recovery Agent Salaries by 4 Employees

5 - 16 years exp.

₹2.1 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

29% more than the average Debt Recovery Agent Salary in NBFC Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Debt Recovery Agent Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Marketing & Communication Debt Recovery Agent Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr

Last Updated: 5 Mar 2024

Companies similar to LIC Housing Finance for Debt Recovery Agent

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Debt Recovery Agent Salary 2 - 6 years exp. (40 salaries)	₹1.2 L/yr - ₹4.8 L/yr 14% less
ICICI Bank Debt Recovery Agent Salary 1 - 6 years exp. (16 salaries)	₹1.5 L/yr - ₹3 L/yr 28% less
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Axis Bank Debt Recovery Agent Salary 0 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 24% less
Bajaj Finance Debt Recovery Agent Salary 0 - 6 years exp. (14 salaries)	₹1.5 L/yr - ₹4 L/yr 12% less
Kotak Mahindra Bank Debt Recovery Agent Salary 1 - 7 years exp. (12 salaries)	₹1.6 L/yr - ₹4.5 L/yr 10% less
Tata Capital Debt Recovery Agent Salary 0 - 1 year exp. (3 salaries)	₹1.6 L/yr - ₹6.3 L/yr 43% more
Hero FinCorp Debt Recovery Agent Salary 0 - 5 years exp. (5 salaries)	₹0.6 L/yr - ₹4.2 L/yr 12% less
Home Credit Finance Debt Recovery Agent Salary 0 - 17 years exp. (5 salaries)	₹1 L/yr - ₹2.4 L/yr 40% less
Kotak Mahindra Prime Debt Recovery Agent Salary 1 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 21% less
Bajaj Housing Finance Debt Recovery Agent Salary 1 - 9 years exp. (3 salaries)	₹2.8 L/yr - ₹3.2 L/yr 2% less

Debt Recovery Agent salary at LIC Housing Finance ranges between ₹2.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Debt Recovery Agent salaries

Last Updated: 5 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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15+ years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr

Similar Designation salaries in LIC Housing Finance

Recovery Officer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Accountant Salary

(3 salaries)

₹3.8 L/yr - ₹12 L/yr

Data Entry Operator Salary

(11 salaries)

₹1 L/yr - ₹3 L/yr

Deputy Manager Salary

(73 salaries)

₹10 L/yr - ₹28 L/yr

Field Executive Salary

(4 salaries)

₹2 L/yr - ₹3.4 L/yr

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹3.15 L/yr

Branch Manager Salary

(8 salaries)

₹9.1 L/yr - ₹20 L/yr

Field Officer Salary

(5 salaries)

₹1.6 L/yr - ₹2.5 L/yr

Sales Manager Salary

(7 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Officer Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.7 L/yr

Salary related reviews for LIC Housing Finance

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

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

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

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

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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LIC Housing Finance Debt Recovery Agent Salary FAQs

What is the salary of Debt Recovery Agent at LIC Housing Finance ?

The average salary of a Debt Recovery Agent at LIC Housing Finance in India typically ranges from ₹2.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Debt Recovery Agent at LIC Housing Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Debt Recovery Agent 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 Debt Recovery Agent at LIC Housing Finance in India?

The estimated take-home salary of a Debt Recovery Agent at LIC Housing Finance in India typically ranges from ₹21,900 to ₹23,385 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 5 years to 16 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 Debt Recovery Agent in India?

Tata Capital

₹1.6 Lakhs to ₹6.3 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 Debt Recovery Agent in companies similar to LIC Housing Finance in India?

The salary of a Debt Recovery Agent 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	₹2.8 Lakhs to ₹3.2 Lakhs per year
Kotak Mahindra Bank	₹1.6 Lakhs to ₹4.5 Lakhs per year
Bajaj Finance	₹1.5 Lakhs to ₹4.0 Lakhs per year
Hero FinCorp	₹0.6 Lakhs to ₹4.2 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹4.8 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 Debt Recovery Agent at LIC Housing Finance in India?

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

Experience	Average Salary Range
5 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
6 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
15 years	₹3.6 Lakhs to ₹4.7 Lakhs per year

and so on.

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LIC Housing Finance Debt Recovery Agent Salaries

LIC Housing Finance Debt Recovery Agent salary in India ranges between ₹2.1 Lakhs to ₹4.5 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.