LIC Housing Finance Mumbai Salaries by 200+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Deputy Manager 5 - 10 years exp. · Mumbai (25 salaries)	₹13 L/yr - ₹25 L/yr
Starting your career? Discover LIC Housing Finance fresher salaries in India
Senior Associate 3 - 7 years exp. · Mumbai (8 salaries)	₹10 L/yr - ₹14 L/yr
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Starting your career? Discover LIC Housing Finance fresher salaries in India
Assistant Sales Manager 3 - 7 years exp. · Mumbai (5 salaries)	₹3 L/yr - ₹4.1 L/yr
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Credit Manager 3 - 11 years exp. · Mumbai (4 salaries)	₹12.2 L/yr - ₹18 L/yr
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Assistant Manager Information Technology 4 - 6 years exp. · Mumbai (4 salaries)	₹10.1 L/yr - ₹15 L/yr
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Head Company Secretary 11 - 15 years exp. · Mumbai (4 salaries)	₹23.4 L/yr - ₹29.9 L/yr
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ASM 6 - 9 years exp. · Mumbai (3 salaries)	₹3.8 L/yr - ₹4.4 L/yr
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Executive Assistant 2 - 3 years exp. · Mumbai (3 salaries)	₹2.4 L/yr - ₹3.7 L/yr
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Assistant Manager Finance 2 - 6 years exp. · Mumbai (3 salaries)	₹11.5 L/yr - ₹14 L/yr
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Data Entry Operator 1 year exp. · Mumbai (3 salaries)	₹1 L/yr - ₹2.2 L/yr
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DSA Executive 4 - 6 years exp. · Mumbai (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr
Starting your career? Discover LIC Housing Finance fresher salaries in India
Direct Marketing Executive 3 - 5 years exp. · Mumbai (3 salaries)	₹2 L/yr - ₹3 L/yr
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Assistant Credit Appraisal Manager 2 - 4 years exp. · Mumbai (3 salaries)	₹12.5 L/yr - ₹14.5 L/yr
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Csr Lead 9 - 10 years exp. · Mumbai (3 salaries)	₹23.5 L/yr - ₹32 L/yr
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Area Manager 6 - 11 years exp. · Mumbai (3 salaries)	₹20 L/yr - ₹25 L/yr
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Internal Auditor 7 - 8 years exp. · Mumbai (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Home Loan Officer 3 - 4 years exp. · Mumbai (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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Assistant General Manager IT 11 - 12 years exp. · Mumbai (AmbitionBox Estimate)	₹32 L/yr - ₹40.8 L/yr
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Chief Manager 29 - 30 years exp. · Mumbai (AmbitionBox Estimate)	₹47.5 L/yr - ₹52.5 L/yr
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Asst.Marketing Manager 8 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
Starting your career? Discover LIC Housing Finance fresher salaries in India

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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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Salary related reviews for LIC Housing Finance

4.1

Rated by 32 employees for salary & benefits

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

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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LIC Housing Finance interview questions by designations

Deputy Manager (3)LIC Agent (2)Area Sales Manager (1)Sales Executive (1)

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Know more about LIC Housing Finance Mumbai

LIC Housing Finance Salary FAQs

How much does LIC Housing Finance pay to its employees?

The average annual salary at LIC Housing Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at LIC Housing Finance, are as follows:

Deputy Manager	₹13 Lakhs to ₹25 Lakhs per year
Senior Associate	₹10 Lakhs to ₹14 Lakhs per year
Assistant Sales Manager	₹3 Lakhs to ₹4.1 Lakhs per year
Credit Manager	₹12.2 Lakhs to ₹18 Lakhs per year

The highest-paying role, Deputy Manager, earns between ₹10 Lakhs to ₹28 Lakhs per year. The top 10% of employees earn more than ₹18 Lakhs per year, and the top 1% earn over ₹36.3 Lakhs per year. 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 salary estimates are based on data from 212 salaries submitted by LIC Housing Finance employees. LIC Housing Finance is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at LIC Housing Finance in Mumbai?

The salary of a fresher at LIC Housing Finance in Mumbai typically ranges from ₹0.8 Lakh to ₹15 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Sales Executive Salary	₹0.8 Lakhs to ₹2.1 Lakhs per year
Fresher as a Seles Executive Salary	₹1.4 Lakhs to ₹2.2 Lakhs per year
Fresher as a Insurance Adviser Salary	₹2.2 Lakhs to ₹2.5 Lakhs per year
Fresher as a Financial Consultant Salary	₹0.9 Lakhs to ₹1.1 Lakhs per year

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Average annual salary in LIC Housing Finance , Mumbai is INR . Salary estimates are based on 200+ LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.