L&T Finance Mumbai Area Manager Salaries by 5 Employees

5 - 12 years exp.

₹4.9 Lakhs - ₹9.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

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

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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)	₹6.8 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
Muthoot Fincorp Area Manager Salary 10 - 15 years exp. (4 salaries)	₹6.6 L/yr - ₹10.1 L/yr At par
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (50 salaries)	₹7 L/yr - ₹12 L/yr 20% more	32 job openings
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Amazon Area Manager Salary 2 - 14 years exp. (34 salaries)	₹11 L/yr - ₹28 L/yr 111% more	22 job openings
HDFC Life Area Manager Salary 11 years exp. (32 salaries)	₹13.3 L/yr - ₹19 L/yr 77% more
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (31 salaries)	₹5.3 L/yr - ₹9 L/yr 15% less

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)	₹6.7 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
11 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

View all

Similar Designation salaries in L&T Finance

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(33 salaries)

₹6.34 L/yr - ₹16.84 L/yr

Business Manager Salary

(25 salaries)

₹4.15 L/yr - ₹8.5 L/yr

Sales Manager Salary

(13 salaries)

₹3 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

(12 salaries)

₹6.64 L/yr - ₹15.8 L/yr

Marketing Manager Salary

(4 salaries)

₹7.1 L/yr - ₹12.5 L/yr

Regional Manager Salary

(4 salaries)

₹10.2 L/yr - ₹17 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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T Finance Area Manager Salary FAQs

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

The average salary of a Area Manager at L&T Finance in Mumbai typically ranges from ₹4.9 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Area Manager in Mumbai 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 5 L&T Finance employees in India.

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 in Mumbai typically ranges from ₹60,555 to ₹62,088 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 5 years to 12 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 5 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 Mumbai?

To be a Area Manager at L&T Finance in Mumbai, 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?

Amazon	₹11.0 Lakhs to ₹28.0 Lakhs per year
HDFC Life	₹13.3 Lakhs to ₹19.0 Lakhs per year
ICICI Prudential Life Insurance	₹7.0 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 Mumbai?

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

Muthoot Fincorp	₹6.6 Lakhs to ₹10.1 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.3 Lakhs to ₹9.0 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 Mumbai?

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

Experience	Average Salary Range
5 years	₹6.7 Lakhs to ₹8.6 Lakhs per year
6 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
7 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
8 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

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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.