L&T Finance Mumbai Area Credit Manager Salaries by 30+ Employees (Updated 2025)

3 - 13 years exp.

₹8 Lakhs - ₹20 Lakhs

Salary of majority employees

At par with the average Area Credit Manager Salary in NBFC Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 3 - 13 years exp. (23 salaries)	₹8.1 L/yr - ₹20 L/yr
Finance & Accounting Area Credit Manager Salary 4 - 13 years exp. (4 salaries)	₹10.2 L/yr - ₹14.5 L/yr
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Risk Management & Compliance Area Credit Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹12.8 L/yr - ₹14 L/yr

Last Updated: 20 Jan 2025

Companies similar to L&T Finance for Area Credit Manager in Mumbai

L&T Finance Area Credit Manager Salary

3 - 13 years exp. (37 salaries)

₹8 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 6 - 16 years exp. (26 salaries)	₹7.5 L/yr - ₹26 L/yr 43% more
ICICI Bank Area Credit Manager Salary 1 - 13 years exp. (45 salaries)	₹5.2 L/yr - ₹19 L/yr 3% less
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Axis Bank Area Credit Manager Salary 4 - 13 years exp. (27 salaries)	₹9.6 L/yr - ₹22.8 L/yr 16% more
Kotak Mahindra Bank Area Credit Manager Salary 5 - 10 years exp. (13 salaries)	₹7 L/yr - ₹18 L/yr 13% more
Bajaj Finance Area Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹9.8 L/yr - ₹10.6 L/yr 23% less
Tata Capital Area Credit Manager Salary 3 - 13 years exp. (22 salaries)	₹10.4 L/yr - ₹30 L/yr 50% more	11 job openings
HDB Financial Services Area Credit Manager Salary 8 - 17 years exp. (13 salaries)	₹7 L/yr - ₹17.5 L/yr 11% less	1 job opening
IIFL Finance Area Credit Manager Salary 3 - 9 years exp. (12 salaries)	₹9 L/yr - ₹19.6 L/yr 11% more
Poonawalla Fincorp Area Credit Manager Salary 4 - 13 years exp. (9 salaries)	₹6.6 L/yr - ₹18.7 L/yr 11% less
Aditya Birla Capital Area Credit Manager Salary 7 - 11 years exp. (8 salaries)	₹10 L/yr - ₹16 L/yr 12% more
PNB Housing Finance Area Credit Manager Salary 5 - 9 years exp. (7 salaries)	₹12 L/yr - ₹22 L/yr 17% more
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Aavas Financiers Area Credit Manager Salary 6 - 11 years exp. (5 salaries)	₹6.7 L/yr - ₹11.5 L/yr 27% less

Area Credit Manager salary at L&T Finance ranges between ₹8 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 37 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Area Credit Manager salaries in Mumbai

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
3 years (5 salaries)	₹11.1 L/yr - ₹13 L/yr
4 years (3 salaries)	₹8.1 L/yr - ₹14.5 L/yr
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5 years (3 salaries)	₹8 L/yr - ₹16 L/yr
6 years (7 salaries)	₹9.4 L/yr - ₹16 L/yr
7 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹20 L/yr
8 years (4 salaries)	₹10 L/yr - ₹23.3 L/yr
9 years (6 salaries)	₹8.5 L/yr - ₹14 L/yr
10 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹15.4 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹10 L/yr - ₹14.5 L/yr

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Similar Designation salaries in L&T Finance

Credit Manager Salary

(20 salaries)

₹6 L/yr - ₹14 L/yr

Credit Officer Salary

(14 salaries)

₹2.15 L/yr - ₹3.75 L/yr

Sales Manager Salary

(13 salaries)

₹3 L/yr - ₹10.5 L/yr

Relationship Manager Salary

(12 salaries)

₹3 L/yr - ₹11 L/yr

Top skills at L&T Finance for Area Credit Manager

Financial Statements Collection Management Credit Risk Analysis Credit Policy Finance Credit Analysis Credit Management Salesforce Compliance Credit Underwriting Financial Analysis Portfolio Management Medical Billing Risk Assessment Accounts Receivable

Salary related reviews for L&T Finance

3.9

Rated by 2 employees for salary & benefits

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Salary - Good

+1 more

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Job security - Bad

+4 more

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Salary - Good

+1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Job security - Poor

+1 more

Branch Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Jan 2023

4.0

for Salary and Benefits

Likes

If you work well the company give quik promotion and good salary, Company s salary good but , benifits very worst

Salary - Good

+1 more

Dislikes

Hr benifits very worst, the higher or reporting manager are very worst people most. They like personal vanchens only.The company like employees benefits, but the reporting manager are don't care about employees benefits.communication lag in hr and employees, hr support only Regional manager concern about employees.No benifits for work this. Organisation.

Job security - Bad

+1 more

Branch Manager in Mysuru / Mysore

Branch maneger Department

5.0

• posted on 28 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling company

Salary - Good

+5 more

Dislikes

There is a lot of plolitices and the management doesn't address our issues salary is decent but career grouth is slow there is a beautiful ND of 5 years before which 4th of cannot resign on the job

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What people are saying about L&T Finance

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amangupta9965

works at

Tussle Digital Pvt Ltd

IT Quarterly Awards - Q2 FY'24

I am thrilled to share that I have received an certificate of appreciation for Q2 FY'24, a true honor for my hard work and dedication. I want to express my sincere gratitude to L&T Finance Team for their support, guidance, and collaboration, which played a significant role in achieving this milestone.

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L&T Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at L&T Finance Mumbai?

Area Credit Manager salary at L&T Finance in Mumbai ranges between ₹8.0 Lakhs to ₹20.0 Lakhs for experience between 3 years to 13 years. Salary estimates are based on 37 latest salaries received from various employees of L&T Finance Mumbai.

What are the top skills required to work as a Area Credit Manager at L&T Finance?

Financial Statements, Collection Management, Credit Risk Analysis, Credit Policy and Finance are some of the popular skills required to work as a Area Credit Manager at L&T Finance Mumbai.

Which similar companies are paying more than L&T Finance to a Area Credit Manager in Mumbai?

Tata Capital Area Credit Manager Salary - ₹10.4 Lakhs to ₹30.0 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹9.6 Lakhs to ₹22.8 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to L&T Finance in Mumbai?

Aditya Birla Capital Area Credit Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
IIFL Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹19.6 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹5.2 Lakhs to ₹19.0 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year
Poonawalla Fincorp Area Credit Manager Salary - ₹6.6 Lakhs to ₹18.7 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at L&T Finance in Mumbai?

The estimated take-home salary of a Area Credit Manager at L&T Finance ranges between ₹91,625 per month to ₹94,076 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Area Credit Manager salary in India which ranges between ₹8.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at L&T Finance in Mumbai?

According to AmbitionBox, 76% of the L&T Finance Area Credit Managers in Mumbai reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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L&T Finance Area Credit Manager Salaries in Mumbai

L&T Finance Area Credit Manager salary in Mumbai ranges between ₹8 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 L&T Finance latest salaries received from various employees of L&T Finance.