LIC Housing Finance Management Trainee Salaries by 3 Employees

1 - 3 years exp.

₹3.7 Lakhs - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% less than the average Management Trainee Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Management Trainee Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.1 L/yr
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Finance & Accounting Management Trainee Salary 2 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 20 Dec 2023

Companies similar to LIC Housing Finance for Management Trainee

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Sammaan Capital Limited Management Trainee Salary 0 - 2 years exp. (70 salaries)	₹3 L/yr - ₹7 L/yr 38% more	1 job opening
Hero FinCorp Management Trainee Salary 0 - 5 years exp. (32 salaries)	₹9 L/yr - ₹26 L/yr 290% more
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India Shelter Finance Corporation Management Trainee Salary 0 - 2 years exp. (18 salaries)	₹2.5 L/yr - ₹4.8 L/yr 4% less
PNB Housing Finance Management Trainee Salary 0 - 1 year exp. (17 salaries)	₹4 L/yr - ₹7 L/yr 30% more
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Muthoottu Mini Financiers Management Trainee Salary 0 - 3 years exp. (13 salaries)	₹2 L/yr - ₹3.3 L/yr 27% less
Midland Microfin Limited Management Trainee Salary Fresher (6 salaries)	₹1.9 L/yr - ₹6 L/yr 21% more
Bajaj Housing Finance Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹5.8 L/yr - ₹8.5 L/yr 89% more
Tyger Capital Management Trainee Salary Fresher (6 salaries)	₹9 L/yr - ₹13 L/yr 197% more
Vistaar Finance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹1.9 L/yr - ₹6.5 L/yr 22% more
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Mahindra Rural Housing Finance Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 4% less
Hinduja Leyland Finance Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹2.7 L/yr - ₹3.7 L/yr 19% less
Kotak Mahindra Prime Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹8 L/yr - ₹15 L/yr 204% more
Home Credit Finance Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹9 L/yr - ₹11 L/yr 152% more
InCred Finance Management Trainee Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹8.5 L/yr 26% more
Shubham Housing Development Finance Management Trainee Salary 1 year exp. (3 salaries)	₹3.3 L/yr - ₹3.4 L/yr 15% less

Management Trainee salary at LIC Housing Finance ranges between ₹3.7 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Management Trainee salaries

Last Updated: 20 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr

From

Management Trainee

₹

Lakhs/yr

1 - 3 years exp.

Deputy Manager

₹

Lakhs/yr

5 - 11 years exp.

Management Trainee 1 - 3 years exp.

Assistant Manager 0 - 7 years exp.

232% hike

Deputy Manager 5 - 11 years exp.

66% hike

From

View 1 more level

Management Trainee

1 - 3 years exp.

Area Manager

5 - 11 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in LIC Housing Finance

Finance Executive Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Accountant Salary

(3 salaries)

₹3.8 L/yr - ₹12 L/yr

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹3.15 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Associate Salary

(17 salaries)

₹6.3 L/yr - ₹14 L/yr

Process Associate Salary

(3 salaries)

₹1.8 L/yr - ₹11.3 L/yr

Deputy Manager Salary

(73 salaries)

₹10 L/yr - ₹28 L/yr

Account Assistant Salary

(3 salaries)

₹1 L/yr - ₹1.68 L/yr

Relationship Manager Salary

(7 salaries)

₹2.3 L/yr - ₹3 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

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Management Trainee Salary FAQs

How the salary growth look like for a Management Trainee at LIC Housing Finance in India?

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

Experience	Average Salary Range
1 year	₹3.3 Lakhs to ₹4.3 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.3 Lakhs per year

and so on.

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LIC Housing Finance Management Trainee Salaries

LIC Housing Finance Management Trainee salary in India ranges between ₹3.7 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.