L&T Finance Chennai Area Manager Salaries by 4 Employees

5 - 8 years exp.

₹8.1 Lakhs - ₹9.3 Lakhs

Salary of majority employees

12% less than the average Area Manager Salary in NBFC Companies for 5 - 8 years of experience

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Last Updated: 8 Apr 2024

Companies similar to L&T Finance for Area Manager in Chennai

L&T Finance Area Manager Salary

5 - 8 years exp. (4 salaries)

₹8.1 L/yr - ₹9.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Area Manager Salary 10 - 19 years exp. (9 salaries)	₹7.2 L/yr - ₹8.5 L/yr 6% less
Manappuram Finance Area Manager Salary 6 - 9 years exp. (9 salaries)	₹3 L/yr - ₹6 L/yr 40% less
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Muthoot Microfin Area Manager Salary 5 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹4.2 L/yr 52% less
TVS Credit Area Manager Salary 11 - 17 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr 17% more
ICICI Prudential Life Insurance Area Manager Salary 2 - 16 years exp. (29 salaries)	₹5.8 L/yr - ₹12 L/yr 9% more	30 job openings

Area Manager salary at L&T Finance ranges between ₹8.1 Lakhs to ₹9.3 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Area Manager salaries in Chennai

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr

Similar Designation salaries in L&T Finance

Area Sales Manager Salary

(17 salaries)

₹5.16 L/yr - ₹17.7 L/yr

Business Manager Salary

(11 salaries)

₹5 L/yr - ₹11 L/yr

Regional Manager Salary

(5 salaries)

₹17 L/yr - ₹23.45 L/yr

Top skills at L&T Finance for Area Manager

Leadership Skills Business Development Salesforce Key Account Management Digital Marketing Area Sales Management Business Operations Coaching Market Analysis Leadership Tracking Communication Skills Operations Area Management Strategic Planning

Salary related reviews for L&T Finance

Sales Executive in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

This is a very good company. Company culture is also good and all co-workers are very helpful and 24 hour salary system is also very good.And the company has a very good health policy

Salary - Excellent

+3 more

Dislikes

The company is good but the salary is not right as per the time, it is very less and neither is the incentive structure right

Promotions - Poor

Branch Manager in Hanwada

Full Time

Finance & Accounting Department

4.0

• posted on 10 Feb 2025

4.0

for Salary and Benefits

Likes

Work life Salary Skill development

Salary - Good

+4 more

Dislikes

Some kind of aggressive mentors monitoring, It's too worst to face and use some salary to work comparision words continue revert by supervisor and superior officials

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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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L&T Finance Area Manager Salary FAQs

What is the salary of Area Manager at L&T Finance in Chennai?

The average salary of a Area Manager at L&T Finance in Chennai typically ranges from ₹8.1 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Area Manager in Chennai at L&T Finance earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Area Manager Salaries at L&T 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 L&T Finance employees in India.

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

The estimated take-home salary of a Area Manager at L&T Finance in Chennai typically ranges from ₹64,371 to ₹66,012 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 5 years to 8 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 L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at L&T Finance in Chennai?

To be a Area Manager at L&T Finance in Chennai, the key skills required include:

- Leadership Skills
- Business Development
- Salesforce
- Key Account Management
- Digital Marketing

These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than L&T Finance for Area Manager in India?

TVS Credit	₹9.0 Lakhs to ₹12.0 Lakhs per year
ICICI Prudential Life Insurance	₹5.8 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T Finance, depending on the role and experience level.

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

The salary of a Area Manager at companies similar to L&T Finance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Fincorp	₹7.2 Lakhs to ₹8.5 Lakhs per year
Manappuram Finance	₹3.0 Lakhs to ₹6.0 Lakhs per year
Muthoot Microfin	₹2.2 Lakhs to ₹4.2 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 Area Manager at L&T Finance in Chennai?

The salary growth for a Area Manager at L&T Finance in Chennai depends on factors such as experience, performance, and promotions. On average, a Area Manager in Chennai can expect the following growth trajectory at L&T Finance:

Experience	Average Salary Range
5 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
6 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
7 years	₹7.6 Lakhs to ₹9.8 Lakhs per year
8 years	₹7.8 Lakhs to ₹10.0 Lakhs per year

and so on.

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L&T Finance Area Manager Salaries in Chennai

L&T Finance Area Manager salary in Chennai ranges between ₹8.1 Lakhs to ₹9.3 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.