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L&T Finance Assistant Manager salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹2 Lakhs - ₹10 Lakhs
Salary of majority employees
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Fixed (100%)
₹5.7 Lakhs
Variable (0%)
₹0.0
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33% less than the average Assistant Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
1 - 10 years exp. (69 salaries)
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₹2.2 L/yr - ₹8.8 L/yr

Finance & Accounting
Assistant Manager Salary
1 - 10 years exp. (45 salaries)
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₹2.2 L/yr - ₹8.6 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
1 - 10 years exp. (28 salaries)
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₹2.2 L/yr - ₹8 L/yr

Sales & Business Development
Assistant Manager Salary
3 - 9 years exp. (19 salaries)
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₹4 L/yr - ₹7.6 L/yr

Human Resources
Assistant Manager Salary
3 - 10 years exp. (15 salaries)
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₹4.4 L/yr - ₹8.7 L/yr

View all

Last Updated: 14 Mar 2025

Companies similar to L&T Finance for Assistant Manager

Company name Avg Annual Salary Open Jobs
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Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (746 salaries)

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₹1.5 L/yr - ₹5.7 L/yr

arrow icon 29% less
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IIFL Finance Assistant Manager Salary

0 - 11 years exp. (696 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 33% less
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (515 salaries)

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₹1.6 L/yr - ₹6 L/yr

arrow icon 34% less
2 job openings
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Manappuram Finance Assistant Manager Salary

0 - 7 years exp. (458 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 38% less
4 job openings
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Sundaram Finance Assistant Manager Salary

0 - 10 years exp. (249 salaries)

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₹3.2 L/yr - ₹7.7 L/yr

arrow icon 3% less
2 job openings
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Kotak Mahindra Prime Assistant Manager Salary

1 - 8 years exp. (244 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 34% less
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Mahindra Finance Assistant Manager Salary

3 - 10 years exp. (244 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 6% less
2 job openings
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TVS Credit Assistant Manager Salary

1 - 11 years exp. (230 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 4% less
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Aavas Financiers Assistant Manager Salary

1 - 10 years exp. (223 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 21% less
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SMFG India Credit Assistant Manager Salary

1 - 10 years exp. (210 salaries)

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₹2 L/yr - ₹11.1 L/yr

arrow icon 21% more
View all
Assistant Manager salary at L&T Finance ranges between ₹2 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 308 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Assistant Manager

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Experience wise L&T Finance Assistant Manager salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
1 year  (30 salaries)

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₹2.2 L/yr - ₹8.1 L/yr
2 years  (33 salaries)

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₹2 L/yr - ₹8 L/yr
3 years  (38 salaries)

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₹2.2 L/yr - ₹8.6 L/yr
4 years  (41 salaries)

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₹2.3 L/yr - ₹8.8 L/yr
5 years  (41 salaries)

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₹2.6 L/yr - ₹8 L/yr
View all
L&T Finance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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1 - 10 years exp.

Team Manager

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6 - 17 years exp.

Assistant Manager

1 - 10 years exp.
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Manager

1 - 14 years exp.
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arrow icon 87% hike

Senior Manager

2 - 11 years exp.
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arrow icon 63% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in L&T Finance

Assistant Manager O&M Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Shift Manager Salary
(AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.1 L/yr
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₹2.2 L/yr - ₹3.45 L/yr
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₹1.8 L/yr - ₹3.6 L/yr
Team Manager Salary
(150 salaries)
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₹11 L/yr - ₹36 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Branch Manager Salary
(217 salaries)
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₹2.4 L/yr - ₹6.34 L/yr
Deputy Manager Salary
(6 salaries)
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₹7 L/yr - ₹9 L/yr
Sales Manager Salary
(82 salaries)
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₹3 L/yr - ₹12.1 L/yr

Top skills at L&T Finance for Assistant Manager

Balance Sheet Customer Service Inventory Management Quality Assurance Operations

Salary related reviews for L&T Finance

3.7

Rated by 41 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 more

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

read more

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.

read more
  • Salary - Bad
  • +6 more

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

read more

Full Time

 · 

Human Resources Department

4.0
  •  posted on 26 Dec 2024

5.0
 for  Salary and Benefits

Likes

Best company for Initiating the career Best in Class Salary and Compensation structure Best Terminal Benefits I come across Ambitious culture which surely can accelerate your career

read more
  • Salary - Excellent
  • +1 more

Dislikes

Things decided by Middle Managers. Focused on short term achievement than sustainable development. Focused only on their own role and it will result in poor implementation. Duplicate reports and change according to the stakeholders.

read more
  • Promotions - Poor

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.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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L&T Finance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at L&T Finance ?
The average salary of a Assistant Manager at L&T Finance in India typically ranges from ₹2.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Assistant Manager at L&T Finance earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Assistant 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 300+ L&T Finance employees in India.
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 in India typically ranges from ₹43,149 to ₹44,268 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 300+ 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 Assistant Manager at L&T Finance ?
To be a Assistant Manager at L&T Finance in india, the key skills required include:

  • - Balance Sheet
  • - Customer Service
  • - Inventory Management
  • - Quality Assurance
  • - Operations

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 Assistant Manager in India?
SMFG India Credit ₹2.0 Lakhs to ₹11.1 Lakhs per year
CreditAccess Grameen ₹1.7 Lakhs to ₹10.6 Lakhs per year
Ugro Capital ₹3.6 Lakhs to ₹9.3 Lakhs per year
Bharat Financial Inclusion ₹2.0 Lakhs to ₹8.3 Lakhs per year
LendingKart ₹2.0 Lakhs to ₹8.3 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 Manager in companies similar to L&T Finance in India?
The salary of a Assistant 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:

PNB Housing Finance ₹3.0 Lakhs to ₹8.5 Lakhs per year
Sammaan Capital Limited ₹2.9 Lakhs to ₹10.4 Lakhs per year
Sundaram Finance ₹3.2 Lakhs to ₹7.7 Lakhs per year
Poonawalla Fincorp ₹3.0 Lakhs to ₹7.5 Lakhs per year
TVS Credit ₹3.0 Lakhs to ₹8.0 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 Assistant Manager at L&T Finance in India?
The salary growth for a Assistant Manager at L&T Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at L&T Finance:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹8.1 Lakhs per year
2 years ₹2.0 Lakhs to ₹8.0 Lakhs per year
3 years ₹2.2 Lakhs to ₹8.6 Lakhs per year
4 years ₹2.3 Lakhs to ₹8.8 Lakhs per year
and so on.

Tell us how to improve this page.

L&T Finance Assistant Manager salary in India ranges between ₹2 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 308 L&T Finance latest salaries received from various employees of L&T Finance.