L&T Finance Area Head Salaries by 4 Employees (Updated 2024)

6 - 11 years exp.

₹5.2 Lakhs - ₹19.2 Lakhs

Low Confidence

Salary of majority employees

19% more than the average Area Head Salary in NBFC Companies for 6 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Head Salary 11 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
Finance & Accounting Area Head Salary 6 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr
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Sales & Business Development Area Head Salary 8 years exp. (AmbitionBox Estimate)	₹17.3 L/yr - ₹21.1 L/yr

Last Updated: 12 Sep 2024

Companies similar to L&T Finance for Area Head

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Head Salary 6 - 19 years exp. (353 salaries)	₹5.2 L/yr - ₹19 L/yr 1% less
ICICI Bank Area Head Salary 5 - 17 years exp. (11 salaries)	₹11.5 L/yr - ₹25 L/yr 56% more
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Kotak Mahindra Bank Area Head Salary 7 - 17 years exp. (19 salaries)	₹7 L/yr - ₹24 L/yr 17% more
Axis Bank Area Head Salary 12 - 17 years exp. (41 salaries)	₹7.2 L/yr - ₹23 L/yr 29% more
Tata Capital Area Head Salary 16 - 19 years exp. (4 salaries)	₹11 L/yr - ₹26 L/yr 35% more
Aditya Birla Capital Area Head Salary 5 - 15 years exp. (28 salaries)	₹5 L/yr - ₹15 L/yr 17% less
Reliance Capital Area Head Salary 8 - 16 years exp. (8 salaries)	₹10.1 L/yr - ₹16 L/yr 8% more
Shriram Finance Area Head Salary 0 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹15.5 L/yr 24% less
Manappuram Finance Area Head Salary 5 - 10 years exp. (72 salaries)	₹3.1 L/yr - ₹6.5 L/yr 58% less
HDB Financial Services Area Head Salary 4 - 22 years exp. (7 salaries)	₹7.5 L/yr - ₹15.3 L/yr 8% more
IIFL Finance Area Head Salary 12 - 17 years exp. (6 salaries)	₹8.7 L/yr - ₹15 L/yr 1% less
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TVS Credit Area Head Salary 13 - 18 years exp. (6 salaries)	₹10 L/yr - ₹17 L/yr 19% more
Mahindra Rural Housing Finance Area Head Salary 13 - 15 years exp. (5 salaries)	₹12.3 L/yr - ₹19.5 L/yr 47% more
Sammaan Capital Limited Area Head Salary 15 - 21 years exp. (5 salaries)	₹12.4 L/yr - ₹16 L/yr 6% more
Tata Capital Housing Finance Area Head Salary 7 - 13 years exp. (4 salaries)	₹5 L/yr - ₹21 L/yr 20% more
Muthoot Fincorp Area Head Salary 8 - 11 years exp. (3 salaries)	₹6 L/yr - ₹7 L/yr 45% less

Area Head salary at L&T Finance ranges between ₹5.2 Lakhs to ₹19.2 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Area Head salaries

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
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11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

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Salary related reviews for L&T Finance

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

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.

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.

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

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.

Business Manager in Bangalore / Bengaluru

Full Time

Sales & Service Department

2.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

Ok ok , some of the bosses were good and company has good salary package structure against its competition

Dislikes

Targets get too much demanding in short period of time.Proper training should be given by trainer in hotels to relax the employees. HR activities should be increased

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

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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L&T Finance Area Head Salary FAQs

What is the salary of Area Head at L&T Finance?

Area Head salary at L&T Finance in India ranges between ₹5.2 Lakhs to ₹19.2 Lakhs for experience between 6 years to 11 years. According to our estimates it is 19% more than the average Area Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance India.

How does the salary of a Area Head at L&T Finance India compare with the average salary range for this job?

The average salary of a Area Head at L&T Finance is 19% more than the average salary of a Area Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than L&T Finance to a Area Head in India?

ICICI Bank Area Head Salary - ₹11.5 Lakhs to ₹25.0 Lakhs per year
Mahindra Rural Housing Finance Area Head Salary - ₹12.3 Lakhs to ₹19.5 Lakhs per year
Tata Capital Area Head Salary - ₹11.0 Lakhs to ₹26.0 Lakhs per year
Axis Bank Area Head Salary - ₹7.2 Lakhs to ₹23.0 Lakhs per year
Tata Capital Housing Finance Area Head Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year

What is the salary of a Area Head in companies similar to L&T Finance in India?

TVS Credit Area Head Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank Area Head Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
Reliance Capital Area Head Salary - ₹10.1 Lakhs to ₹16.0 Lakhs per year
HDB Financial Services Area Head Salary - ₹7.5 Lakhs to ₹15.3 Lakhs per year
Sammaan Capital Limited Area Head Salary - ₹12.4 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Area Head at L&T Finance in India?

The estimated take-home salary of a Area Head at L&T Finance ranges between ₹84,348 per month to ₹86,553 per month in India. The take-home salary calculation is based on the average L&T Finance Area Head salary in India which ranges between ₹5.2 Lakhs to ₹19.2 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Area Head at L&T Finance?

According to AmbitionBox, 50% of the L&T Finance Area Heads reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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L&T Finance Area Head Salaries

L&T Finance Area Head salary in India ranges between ₹5.2 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.