L&T Finance Assistant Branch Manager Salaries by 20+ Employees (Updated 2025)

1 - 7 years exp.

₹2.2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

48% less than the average Assistant Branch Manager Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Branch Manager Salary 1 - 7 years exp. (12 salaries)	₹2.2 L/yr - ₹2.9 L/yr
Procurement & Supply Chain Assistant Branch Manager Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.3 L/yr
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Finance & Accounting Assistant Branch Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3 L/yr

Last Updated: 8 Mar 2025

Companies similar to L&T Finance for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Branch Manager Salary 3 - 16 years exp. (186 salaries)	₹2.4 L/yr - ₹7 L/yr 82% more
Manappuram Finance Assistant Branch Manager Salary 0 - 4 years exp. (149 salaries)	₹1.1 L/yr - ₹4 L/yr 7% less
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Muthoot Fincorp Assistant Branch Manager Salary 3 - 8 years exp. (143 salaries)	₹1.8 L/yr - ₹5 L/yr 19% more
CreditAccess Grameen Assistant Branch Manager Salary 3 - 8 years exp. (121 salaries)	₹1.9 L/yr - ₹4.8 L/yr 23% more
Shriram Finance Assistant Branch Manager Salary 3 - 9 years exp. (108 salaries)	₹1.8 L/yr - ₹5.5 L/yr 34% more
IIFL Finance Assistant Branch Manager Salary 2 - 9 years exp. (107 salaries)	₹2.3 L/yr - ₹6 L/yr 55% more
Capri Global Capital Assistant Branch Manager Salary 2 - 9 years exp. (88 salaries)	₹2.5 L/yr - ₹6 L/yr 56% more	1 job opening
SMFG India Credit Assistant Branch Manager Salary 3 - 9 years exp. (57 salaries)	₹1.9 L/yr - ₹4.6 L/yr 29% more
Satin Creditcare Network Assistant Branch Manager Salary 2 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹3.6 L/yr 5% more
Muthoot Microfin Assistant Branch Manager Salary 1 - 6 years exp. (24 salaries)	₹1.9 L/yr - ₹3.1 L/yr 2% more
Asirvad Microfinance Assistant Branch Manager Salary 0 - 5 years exp. (23 salaries)	₹1.8 L/yr - ₹3.2 L/yr 8% less
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Electronica Finance Assistant Branch Manager Salary 3 - 10 years exp. (21 salaries)	₹2.3 L/yr - ₹6 L/yr 68% more
Bharat Financial Inclusion Assistant Branch Manager Salary 0 - 5 years exp. (16 salaries)	₹2.1 L/yr - ₹4 L/yr 8% more
Aavas Financiers Assistant Branch Manager Salary 0 - 10 years exp. (16 salaries)	₹3.2 L/yr - ₹5.5 L/yr 75% more
Five-Star Business Finance Assistant Branch Manager Salary 2 - 10 years exp. (16 salaries)	₹2.6 L/yr - ₹4.6 L/yr 43% more
Ess Kay Fincorp Assistant Branch Manager Salary 2 - 7 years exp. (5 salaries)	₹2 L/yr - ₹3.6 L/yr 1% more
Ugro Capital Assistant Branch Manager Salary 3 - 9 years exp. (5 salaries)	₹3.5 L/yr - ₹5.5 L/yr 65% more
Sundaram Finance Assistant Branch Manager Salary 4 - 12 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 106% more
Spandana Sphoorty Financial Assistant Branch Manager Salary 1 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹2.8 L/yr 4% less
Mahindra Rural Housing Finance Assistant Branch Manager Salary 0 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹5.5 L/yr 38% more

View all

Assistant Branch Manager salary at L&T Finance ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 21 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Assistant Branch Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.2 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.8 L/yr
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3 years (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr
4 years (4 salaries)	₹2.2 L/yr - ₹4.7 L/yr
5 years (4 salaries)	₹2.2 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr

View all

Similar Designation salaries in L&T Finance

Assistant Sales Manager Salary

(5 salaries)

₹2.5 L/yr - ₹5.6 L/yr

Senior Branch Manager Salary

(14 salaries)

₹2.8 L/yr - ₹4.68 L/yr

Branch Manager Salary

(217 salaries)

₹2.4 L/yr - ₹6.34 L/yr

Area Sales Manager Salary

(365 salaries)

₹4 L/yr - ₹15 L/yr

Senior Sales Manager Salary

(4 salaries)

₹9.63 L/yr - ₹19.6 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Cluster Manager Salary

(8 salaries)

₹4.2 L/yr - ₹8.1 L/yr

Business Manager Salary

(251 salaries)

₹3.35 L/yr - ₹11 L/yr

Branch Sales Manager Salary

(4 salaries)

₹2.4 L/yr - ₹6.15 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for L&T Finance

3.9

Rated by 4 employees for salary & benefits

Assistant Branch Manager in Bihar Samastipur

BFSI, Investments & Trading Department

4.0

• posted on 18 Sep 2021

4.0

for Salary and Benefits

Likes

...huge cafeteria and gaming arcade for chilling company police are appraisals are fair and they give good salary hike and bonus every years

Salary - Good

+2 more

Dislikes

There is a lot of politics and the management doesn't address out issues salary is decent but career growth is slow there is a bond of 02 year before whch you cannot resign. On the job training is not given to new joinees

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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a manager - business analyst

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 Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at L&T Finance ?

The average salary of a Assistant Branch Manager at L&T Finance in India typically ranges from ₹2.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Assistant Branch Manager at L&T Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Assistant Branch 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 20+ L&T Finance employees in India.

What is the estimated take home salary of a Assistant Branch Manager at L&T Finance in India?

The estimated take-home salary of a Assistant Branch Manager at L&T Finance in India typically ranges from ₹18,578 to ₹20,262 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 20+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Sundaram Finance	₹4.5 Lakhs to ₹6.0 Lakhs per year
Muthoot Finance	₹2.4 Lakhs to ₹7.0 Lakhs per year
Aavas Financiers	₹3.2 Lakhs to ₹5.5 Lakhs per year
Electronica Finance	₹2.3 Lakhs to ₹6.0 Lakhs per year
Ugro Capital	₹3.5 Lakhs to ₹5.5 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 Assistant Branch Manager in companies similar to L&T Finance in India?

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

Poonawalla Fincorp	₹3.9 Lakhs to ₹4.5 Lakhs per year
Capri Global Capital	₹2.5 Lakhs to ₹6.0 Lakhs per year
IIFL Finance	₹2.3 Lakhs to ₹6.0 Lakhs per year
Five-Star Business Finance	₹2.6 Lakhs to ₹4.6 Lakhs per year
Mahindra Rural Housing Finance	₹2.6 Lakhs to ₹5.5 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 Assistant Branch Manager at L&T Finance in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.9 Lakhs per year
2 years	₹2.2 Lakhs to ₹4.8 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹4.7 Lakhs per year

and so on.

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L&T Finance Assistant Branch Manager Salaries

L&T Finance Assistant Branch Manager salary in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 L&T Finance latest salaries received from various employees of L&T Finance.