LIC Housing Finance Deputy Manager Scale 1 Salaries by 2 Employees

8 - 9 years exp.

₹21.4 Lakhs - ₹27.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 17 Mar 2023

Companies similar to LIC Housing Finance for Deputy Manager Scale 1

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Scale 1 Salary 1 - 6 years exp. (44 salaries)	₹3.4 L/yr - ₹5.8 L/yr 80% less
Axis Bank Deputy Manager Scale 1 Salary 2 - 7 years exp. (25 salaries)	₹3.3 L/yr - ₹5 L/yr 83% less
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HDFC Bank Deputy Manager Scale 1 Salary 3 - 9 years exp. (8 salaries)	₹4.5 L/yr - ₹6 L/yr 78% less
Bank of Maharashtra Deputy Manager Scale 1 Salary 0 - 6 years exp. (7 salaries)	₹8 L/yr - ₹10 L/yr 63% less
HDFC Ergo General Insurance Deputy Manager Scale 1 Salary 7 - 11 years exp. (5 salaries)	₹3.9 L/yr - ₹6.6 L/yr 79% less

Deputy Manager Scale 1 salary at LIC Housing Finance ranges between ₹21.4 Lakhs to ₹27.3 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 2 latest salaries received from various employees of LIC Housing Finance.

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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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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LIC Housing Finance Deputy Manager Scale 1 Salary FAQs

How the salary growth look like for a Deputy Manager Scale 1 at LIC Housing Finance in India?

The salary growth for a Deputy Manager Scale 1 at LIC Housing Finance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Scale 1 can expect the following growth trajectory at LIC Housing Finance:

Experience	Average Salary Range
8 years	₹20.3 Lakhs to ₹25.9 Lakhs per year
9 years	₹22.5 Lakhs to ₹28.8 Lakhs per year

and so on.

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LIC Housing Finance Deputy Manager Scale 1 Salaries

LIC Housing Finance Deputy Manager Scale 1 salary in India ranges between ₹21.4 Lakhs to ₹27.3 Lakhs. This is an estimate based on latest salaries received from employees of LIC Housing Finance.