LIC Housing Finance Reviews | Glassdoor.co.in

LIC Housing Finance Reviews

Updated 10 February 2019
40 reviews

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2.6
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Sunita Sharma
15 Ratings

Employee Reviews

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  1. Helpful (5)

    "Nice company to work with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Pune City
    Current Employee - Assistant Manager in Pune City
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LIC Housing Finance full-time (Less than a year)

    Pros

    1. Good Salary
    2. Sodexo Coupons
    3.Job Security

    Cons

    1. Babu Culture
    2. Staff Shortage
    3. Less work life balance
    4. Colleagues don't help newcomers


  2. "Become leader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Area Manager in Lucknow
    Former Employee - Area Manager in Lucknow
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at LIC Housing Finance full-time (More than 5 years)

    Pros

    Developed Professional knowledge and attitude

    Cons

    Good to start with being the big brand.

    Advice to Management

    Regular trainings

  3. Helpful (1)

    "Assistant manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Manager in Bhopal
    Former Employee - Assistant Manager in Bhopal
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at LIC Housing Finance full-time (More than a year)

    Pros

    Initially salary is better than bank

    Cons

    1.Worst working culture
    2. Late working hours
    3. No half day
    4. No Saturday off
    5. Calls even on last Sunday of the month
    6. Worst transfer policy( they won’t consider you in any condition)
    7. Poor work life balance

    Advice to Management

    No point in advising them.. bunch of over smart people


  4. "Assistant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LIC Housing Finance full-time

    Pros

    Lots of perks and free lunch

    Cons

    Poor work.life balance and excess work


  5. "Excessive work pressure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Mumbai
    Current Employee - Assistant Manager in Mumbai
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at LIC Housing Finance full-time (Less than a year)

    Pros

    Good Salary for fresher or beginners

    Cons

    Long working hours and Babu culture

    Advice to Management

    Reduce the timings of work


  6. Helpful (2)

    "Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at LIC Housing Finance full-time

    Pros

    Opportunity to learn all about housing finance business

    Cons

    Career growth is too slow and unbearable work load


  7. "Assistant Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager
    Current Employee - Assistant Manager

    I have been working at LIC Housing Finance full-time (More than 3 years)

    Pros

    Good Exposure to various segments
    No stoppage for learning

    Cons

    Long working hours
    Poor working life balance

  8. "Manager"

    StarStarStarStarStar
    • Culture & Values
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LIC Housing Finance full-time

    Pros

    My profiles are not fit in that company

    Cons

    Best opportunity but could not do it


  9. Helpful (8)

    "Good for settlers, not for achievers and people with ambition"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Manager in Mumbai
    Former Employee - Assistant Manager in Mumbai
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at LIC Housing Finance full-time (More than 5 years)

    Pros

    Freedom to work exists in some departments, providing for great flexibility and knowledge gains.
    Good annual bonus, if you get a good grade.
    Some great perks available for employees, but the HR policies and processes are not well defined.
    Good leave structure, comparable to government companies.
    The company is doing strong, progressive business due to people working at grass roots, thus future prospects are bright.

    Cons

    There is very little growth in terms of career and pay package. They are only applicable on promotion, with no annual increments. One can easily drift far away from the current market pay structure.
    Prior pay package almost dont count, as the cadre based pay packages defined here are not flexible, making it a very tough choice for new employees.
    Not an employee oriented company, although they have some very good employee favoring policies in place.
    All the perks come with a twist, making it seem frustrating to all employees.
    The company is very top heavy, with upper management having all the say and making it a aristocratic organisation.
    No forum for employees to voice their concerns or grievances.
    Company tends to adopts all policies from it's parent company LIC, which can be a hit and a miss, as the company is small and still growing.

    Advice to Management

    Having a more involved decision making process would make the employees feel empowered, so introduce mechanisms in this direction.


  10. Helpful (4)

    "Assistant manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Jaipur, Rajasthan
    Current Employee - Assistant Manager in Jaipur, Rajasthan
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    best co. all over india ..better than IT companies like infosys,tcs as work environment is nice

    Cons

    nothing bad about the co. ..no bad points at ol