L&T Finance Mumbai Area Manager Salaries by 5 Employees (Updated 2025)

5 - 12 years exp.

₹4.9 Lakhs - ₹9.3 Lakhs

Salary of majority employees

20% less than the average Area Manager Salary in NBFC Companies for 5 - 12 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹8.2 L/yr
Data Science & Analytics Area Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.5 L/yr
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Finance & Accounting Area Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹9.3 L/yr

Last Updated: 16 Mar 2023

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

L&T Finance Area Manager Salary

5 - 12 years exp. (5 salaries)

₹4.9 L/yr - ₹9.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Manager Salary 5 - 11 years exp. (6 salaries)	₹8 L/yr - ₹14.3 L/yr 25% more
HDFC Bank Area Manager Salary 13 - 16 years exp. (3 salaries)	₹11 L/yr - ₹19.5 L/yr 65% more
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ICICI Bank Area Manager Salary 2 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹11.8 L/yr 6% more
Kotak Mahindra Bank Area Manager Salary 10 - 20 years exp. (8 salaries)	₹9 L/yr - ₹22 L/yr 99% more
Aditya Birla Capital Area Manager Salary 4 - 5 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 25% less
HDB Financial Services Area Manager Salary 9 - 19 years exp. (10 salaries)	₹7.2 L/yr - ₹13.5 L/yr 51% more	6 job openings
Muthoot Fincorp Area Manager Salary 10 - 15 years exp. (4 salaries)	₹6.6 L/yr - ₹10.1 L/yr 1% more	5 job openings

Area Manager salary at L&T Finance ranges between ₹4.9 Lakhs to ₹9.3 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Area Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹13.4 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹13.7 L/yr
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7 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.5 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.3 L/yr

View all

Similar Designation salaries in L&T Finance

Business Manager Salary

(28 salaries)

₹4.1 L/yr - ₹8.75 L/yr

Area Sales Manager Salary

(14 salaries)

₹6.64 L/yr - ₹14.4 L/yr

Sales Manager Salary

(13 salaries)

₹3 L/yr - ₹10.5 L/yr

Team Lead Salary

(12 salaries)

₹1.6 L/yr - ₹5.8 L/yr

Marketing Manager Salary

(4 salaries)

₹7.1 L/yr - ₹12.5 L/yr

Regional Manager Salary

(3 salaries)

₹10.2 L/yr - ₹20 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

4.0

Rated by 1 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

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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L&T Finance Area Manager Salary FAQs

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

Area Manager salary at L&T Finance in Mumbai ranges between ₹4.9 Lakhs to ₹9.3 Lakhs for experience between 5 years to 12 years. According to our estimates it is 20% less than the average Area Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance Mumbai.

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

The average salary of a Area Manager at L&T Finance is 20% less than the average salary of a Area Manager in Mumbai. To know exact salary insights, login to view.

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

Leadership Skills, Business Development, Salesforce, Key Account Management and Digital Marketing are some of the popular skills required to work as a Area Manager at L&T Finance Mumbai.

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

Kotak Mahindra Bank Area Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
HDFC Bank Area Manager Salary - ₹11.0 Lakhs to ₹19.5 Lakhs per year
HDB Financial Services Area Manager Salary - ₹7.2 Lakhs to ₹13.5 Lakhs per year
Bajaj Finance Area Manager Salary - ₹8.0 Lakhs to ₹14.3 Lakhs per year
ICICI Bank Area Manager Salary - ₹5.1 Lakhs to ₹11.8 Lakhs per year

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

Muthoot Fincorp Area Manager Salary - ₹6.6 Lakhs to ₹10.1 Lakhs per year
Aditya Birla Capital Area Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Area Manager at L&T Finance ranges between ₹59,875 per month to ₹61,388 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Area Manager salary in India which ranges between ₹4.9 Lakhs to ₹9.3 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the L&T Finance Area Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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L&T Finance Area Manager Salaries in Mumbai

L&T Finance Area Manager salary in Mumbai ranges between ₹4.9 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.