L&T Finance Assistant Manager Salaries by 300+ Employees (Updated 2024)

0 - 9 years exp.

₹2.2 Lakhs - ₹9.5 Lakhs

Salary of majority employees

29% less than the average Assistant Manager Salary in NBFC Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 9 years exp. (73 salaries)	₹2.2 L/yr - ₹8.8 L/yr
Finance & Accounting Assistant Manager Salary 0 - 9 years exp. (58 salaries)	₹2.3 L/yr - ₹9.5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 2 - 9 years exp. (28 salaries)	₹2.2 L/yr - ₹8 L/yr
Sales & Business Development Assistant Manager Salary 4 - 9 years exp. (20 salaries)	₹4 L/yr - ₹7 L/yr
Human Resources Assistant Manager Salary 1 - 9 years exp. (16 salaries)	₹4.4 L/yr - ₹8.7 L/yr

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Last Updated: 7 Dec 2024

Companies similar to L&T Finance for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	₹1.8 L/yr - ₹7.3 L/yr 36% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.4k salaries)	₹1.8 L/yr - ₹6 L/yr 33% less
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Axis Bank Assistant Manager Salary 0 - 10 years exp. (15.3k salaries)	₹1.8 L/yr - ₹5.9 L/yr 33% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.8k salaries)	₹1.1 L/yr - ₹5 L/yr 41% less
Bajaj Finance Assistant Manager Salary 0 - 12 years exp. (1.5k salaries)	₹1.5 L/yr - ₹8.5 L/yr 20% less
Tata Capital Assistant Manager Salary 0 - 8 years exp. (161 salaries)	₹2.8 L/yr - ₹10.6 L/yr 19% more	1 job opening
Mahindra Finance Assistant Manager Salary 4 - 10 years exp. (193 salaries)	₹2.2 L/yr - ₹10 L/yr 10% less
Aditya Birla Finance Assistant Manager Salary 2 - 10 years exp. (42 salaries)	₹2.6 L/yr - ₹9.7 L/yr 4% less
Yes Bank Assistant Manager Salary 0 - 10 years exp. (3.5k salaries)	₹2.1 L/yr - ₹7 L/yr 25% less
RBL Bank Assistant Manager Salary 0 - 10 years exp. (1.4k salaries)	₹1.8 L/yr - ₹7.2 L/yr 31% less

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Assistant Manager salary at L&T Finance ranges between ₹2.2 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 347 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Assistant Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
Fresher (19 salaries)	₹4.2 L/yr - ₹8.1 L/yr
1 year (34 salaries)	₹4 L/yr - ₹9 L/yr
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2 years (37 salaries)	₹2.4 L/yr - ₹8.3 L/yr
3 years (41 salaries)	₹2.2 L/yr - ₹9 L/yr
4 years (47 salaries)	₹2.4 L/yr - ₹8.8 L/yr
5 years (47 salaries)	₹2.6 L/yr - ₹8.1 L/yr
6 years (38 salaries)	₹3 L/yr - ₹9.5 L/yr
7 years (40 salaries)	₹2.7 L/yr - ₹7.5 L/yr
8 years (26 salaries)	₹2.7 L/yr - ₹8.7 L/yr
9 years (18 salaries)	₹3 L/yr - ₹8 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 9 years exp.

Team Manager

₹

Lakhs/yr

6 - 17 years exp.

Assistant Manager 0 - 9 years exp.

Manager 1 - 13 years exp.

77% hike

Senior Manager 2 - 11 years exp.

61% hike

Similar Designation salaries in L&T Finance

Assistant Manager O&M Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Shift Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Assistant Branch Manager Salary

(21 salaries)

₹2.2 L/yr - ₹3.45 L/yr

Operations Manager Salary

(48 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Team Manager Salary

(143 salaries)

₹11 L/yr - ₹35 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Branch Manager Salary

(229 salaries)

₹2.2 L/yr - ₹6 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹9 L/yr

Sales Manager Salary

(80 salaries)

₹3 L/yr - ₹12.1 L/yr

Top skills at L&T Finance for Assistant Manager

Operations Cash Flow Management Bank Reconciliation Reconciliation Banking Operations

Salary related reviews for L&T Finance

3.7

Rated by 38 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing to like about, who has worked here.

Dislikes

Please don’t join this company as the management is very poor. No payment for extra working hours, no holidays, no work life balance, work pressure is high and no market standard salary. HR is very poor as they put you in department where you don’t have that expertise. All the promotions and credit are given to the HOD. If there is a government holiday, then to compensate it, they call to work on Sundays. If you join, you will only regret if you have dont have salary 1.5l per month. No growth opportunity.

Assistant Manager in Hebbal, Bangalore

Product Management Department

1.0

• posted on 09 May 2021

1.0

for Salary and Benefits

Likes

...ry happy to see there sanction letter with in half an hour in there Gmail inbox. And good salary

Dislikes

After joining into the organisation I got to know the worst culture. As I was in builder segment and no one is bothering to give some builder for sourcing of business. When I get my on sourcing business to the credit ppl will not sanction or they will take 20 days for sanction the case. And I worked for 5 & half months till now my reporting manager ( Mithun SA) has not supported for my relieving letter. And HR didn't called reason for leaving l&t When we call to HR for reliving letter they will tell call to my reporting mgr. And RSM speak volgur language and harassment towards the employee. And due to my relieving letter problem till now I am facing difficulty to get job. If I suicide for not getting job I will blame L&T organisation and my reporting managers , will write a letter to commissioner/ human rights before I suicide.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Assistant Manager Salary FAQs

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

Assistant Manager salary at L&T Finance in India ranges between ₹2.2 Lakhs to ₹9.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 29% less than the average Assistant Manager Salary in India. Salary estimates are based on 347 latest salaries received from various employees of L&T Finance India.

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

The average salary of a Assistant Manager at L&T Finance is 29% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

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

Operations, Cash Flow Management, Bank Reconciliation, Reconciliation and Banking Operations are some of the popular skills required to work as a Assistant Manager at L&T Finance India.

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

Tata Capital Assistant Manager Salary - ₹2.8 Lakhs to ₹10.6 Lakhs per year
SMFG India Credit Assistant Manager Salary - ₹2.1 Lakhs to ₹10.0 Lakhs per year

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

Bharat Financial Inclusion Assistant Manager Salary - ₹2.0 Lakhs to ₹8.3 Lakhs per year
Aditya Birla Finance Assistant Manager Salary - ₹2.6 Lakhs to ₹9.7 Lakhs per year
PNB Housing Finance Assistant Manager Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹2.4 Lakhs to ₹10.0 Lakhs per year
Poonawalla Fincorp Assistant Manager Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at L&T Finance ranges between ₹45,071 per month to ₹46,161 per month in India. The take-home salary calculation is based on the average L&T Finance Assistant Manager salary in India which ranges between ₹2.2 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at L&T Finance?

According to AmbitionBox, 63% of the L&T Finance Assistant Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 143 responses on AmbitionBox in last 2 years.

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L&T Finance Assistant Manager Salaries

L&T Finance Assistant Manager salary in India ranges between ₹2.2 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 347 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance Assistant Manager salaries in India

Companies similar to L&T Finance for Assistant Manager

Latest annual salaries shared by L&T Finance Assistant Manager

Experience wise L&T Finance Assistant Manager salaries

Similar Designation salaries in L&T Finance

Top skills at L&T Finance for Assistant Manager

Salary related reviews for L&T Finance

Assistant Manager in Mumbai

Assistant Manager in Hebbal, Bangalore

Branch Manager in Madhubani

Branch Manager in Kochi

Branch Manager in Kusheshwar Asthan

L&T Finance Assistant Manager Salary FAQs

Tell us how to improve this page.

L&T Finance Assistant Manager Salaries by Location