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LIC Housing Finance

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4.0

based on 421 Reviews

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LIC Housing Finance Portfolio Manager salaries in India

Annual salary range
5 - 9 years exp.
₹5.9 Lakhs - ₹9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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40% less than the average Portfolio Manager Salary in NBFC Companies for 5 - 9 years of experience

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Last Updated: 15 Nov 2023

Companies similar to LIC Housing Finance for Portfolio Manager

Company name Avg Annual Salary Open Jobs
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India Shelter Finance Corporation Portfolio Manager Salary

5 - 12 years exp. (13 salaries)
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₹6.5 L/yr - ₹10 L/yr

arrow icon 5% more
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Shubham Housing Development Finance Portfolio Manager Salary

7 - 14 years exp. (5 salaries)
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₹4.8 L/yr - ₹8.7 L/yr

arrow icon 13% less
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BA Continuum Portfolio Manager Salary

9 - 11 years exp. (5 salaries)
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₹14.9 L/yr - ₹19 L/yr

arrow icon 114% more
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InCred Finance Portfolio Manager Salary

1 - 5 years exp. (4 salaries)
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₹4.5 L/yr - ₹5.5 L/yr

arrow icon 36% less
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MAS Financial Services Portfolio Manager Salary

0 - 12 years exp. (4 salaries)
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₹2 L/yr - ₹3.9 L/yr

arrow icon 61% less
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Tata Capital Housing Finance Portfolio Manager Salary

3 - 5 years exp. (3 salaries)
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₹10.4 L/yr - ₹14.3 L/yr

arrow icon 61% more
Portfolio Manager salary at LIC Housing Finance ranges between ₹5.9 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of LIC Housing Finance.

Latest annual salaries shared by LIC Housing Finance Portfolio Manager

1y ago
₹9 Lakhs
9 years exp.
1y ago
₹9 Lakhs
6 years exp.
1y ago
₹7 Lakhs
5 years exp.
1y ago
₹5.9 Lakhs
5 years exp.

Experience wise LIC Housing Finance Portfolio Manager salaries

Last Updated: 15 Nov 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in LIC Housing Finance

Technical Lead Salary
(AmbitionBox Estimate)
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₹23.4 L/yr - ₹29.9 L/yr
Associate Consultant Salary
(AmbitionBox Estimate)
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₹12.8 L/yr - ₹16.3 L/yr

Top skills at LIC Housing Finance for Portfolio Manager

ASM General Insurance Insurance Fixed Deposits Portfolio Management Sales Mutual Funds SIP

Salary related reviews for LIC Housing Finance

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 · 

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2.0
  •  posted on 30 Oct 2023
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Stable job Good Salary

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No proper execution regarding how to utilise employee knowledge resources

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4.0
  •  posted on 30 Jun 2022
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 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.

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3.0
  •  posted on 25 Sep 2021
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 for  Salary and Benefits

Likes

Good salary. Secure job. Brand name.

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    • +1 more

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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

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works at
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New offer. Confused.
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 Portfolio Manager Salary FAQs

What is the salary of Portfolio Manager at LIC Housing Finance ?
The average salary of a Portfolio Manager at LIC Housing Finance in India typically ranges from ₹5.9 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Portfolio Manager at LIC Housing Finance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Portfolio Manager 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 Portfolio Manager at LIC Housing Finance in India?
The estimated take-home salary of a Portfolio Manager at LIC Housing Finance in India typically ranges from ₹57,128 to ₹58,564 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 5 years to 9 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.
What are the key skills required to be a Portfolio Manager at LIC Housing Finance ?
To be a Portfolio Manager at LIC Housing Finance in india, the key skills required include:

  • - ASM
  • - General Insurance
  • - Insurance
  • - Fixed Deposits
  • - Portfolio Management

These skills are highly valued at LIC Housing Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than LIC Housing Finance for Portfolio Manager in India?
BA Continuum ₹14.9 Lakhs to ₹19.0 Lakhs per year
Tata Capital Housing Finance ₹10.4 Lakhs to ₹14.3 Lakhs per year
India Shelter Finance Corporation ₹6.5 Lakhs to ₹10.0 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 Portfolio Manager in companies similar to LIC Housing Finance in India?
The salary of a Portfolio Manager at companies similar to LIC Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shubham Housing Development Finance ₹4.8 Lakhs to ₹8.7 Lakhs per year
InCred Finance ₹4.5 Lakhs to ₹5.5 Lakhs per year
MAS Financial Services ₹2.0 Lakhs to ₹3.9 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 Portfolio Manager at LIC Housing Finance in India?
The salary growth for a Portfolio Manager at LIC Housing Finance depends on factors such as experience, performance, and promotions. On average, a Portfolio Manager can expect the following growth trajectory at LIC Housing Finance:

Experience Average Salary Range
5 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
6 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
9 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
and so on.

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LIC Housing Finance Portfolio Manager Salaries by Location

LIC Housing Finance Portfolio Manager salary in India ranges between ₹5.9 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.