LIC Housing Finance Reviews

Updated 12 Jun 2020

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2.8
42%
Recommend to a Friend
73%
Approve of CEO
LIC Housing Finance Managing Director & Chief Executive Officer Sunita Sharma (no image)
Sunita Sharma
20 Ratings
Pros
  • "Job security- you will not be fired in any case(in 8 reviews)

  • "Good salary, perks and most of the people are good(in 8 reviews)

Cons
More Pros and Cons
  1. "Semi govt job"

    5.0
    Current Employee - Assistant Manager in Chennai

    I have been working at LIC Housing Finance full-time for less than a year

    Pros

    Permanent job, home loan at low int rate

    Cons

    Working hours beyond 9pm and relocation of employment

  2. "Unfavorable Work Culture"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Manager in Ludhiana
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at LIC Housing Finance full-time for more than 5 years

    Pros

    Job security- you will not be fired in any case

    Cons

    Zero appreciation even if you achieve targets, pathetic work culture, promotions only on acquaintance basis, a biased company, no worth of hard working employees, the boss at area office and back offices just make money out of TA DA and lack work quality. No proper "evaluation of work" method.

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  3. "Decent but not the best"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Balasore
    Recommends
    Neutral Outlook

    I have been working at LIC Housing Finance full-time

    Pros

    Decent salary, great exposure, good incentives, urban posting , and reputed.

    Cons

    At times unnecessary work hits you. Dull and monotonous job.

  4. "Good service"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LIC Housing Finance full-time

    Pros

    Good salary, staff home loan intrest is very low.

    Cons

    No timing work, preference transfer..

  5. "Assistant Manager"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at LIC Housing Finance full-time

    Pros

    Good salary, perks and most of the people are good

    Cons

    Infrastructure can be better. Needs improvement in IT also.

  6. Helpful (1)

    "Good place to work and great enviornment."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate in Pune
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at LIC Housing Finance full-time for more than a year

    Pros

    Good salary and perks there

    Cons

    Too much work pressure. No fixed working hours in actual.

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  7. "Pathetic Work Culture"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Manager 
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at LIC Housing Finance full-time for more than 3 years

    Pros

    Pay at the starting of career is great. Job security, no one can fire you at any cost: all they can do is frequent transfers.

    Cons

    Old work culture. Work timings up to 12 hours daily. yearly increment is low. Pathetic work culture. No learning, only same monotonous working every day. Frequent Transfers. No HR in this company Employees are considered as liability to them.

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  8. "Great pay but atrocious work culture"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Assistant Manager in Vijayawāda
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at LIC Housing Finance full-time for more than 3 years

    Pros

    Pay is good Few managers' working style is great Stringent appraisal norms

    Cons

    Over dependent on intermediaries (distribution channels) at every stage of work Minimum decision making at front office level Caste politics /caste based favoritism Unclear job roles and hr policies Less scope for learning and growth Extremely understaffed

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  9. "Good Work experience"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - DME in Korba
    Recommends
    Positive Outlook

    I worked at LIC Housing Finance full-time for more than a year

    Pros

    Good for sells for fresher dme

    Cons

    Salary not cleared at time

    Continue reading
  10. "It's not like LIC at all"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at LIC Housing Finance full-time

    Pros

    The company runs on salary pattern of Lic of India. They pay decently. Added incentives make it a lucrative option to work with. You enjoy government holidays. Amicable office culture.

    Cons

    Working hours may take a toll on you. Office culture is decent although being target based industry it gets tough to cope up with pressure from authorities

Found 54 reviews