L&T Finance Assistant Manager Finance Salaries by 5 Employees

5 - 15 years exp.

₹4.8 Lakhs - ₹7.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% less than the average Assistant Manager Finance Salary in NBFC Companies for 5 - 15 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Finance Salary 5 - 15 years exp. (4 salaries)	₹5 L/yr - ₹7.3 L/yr
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BFSI, Investments & Trading Assistant Manager Finance Salary 5 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.4 L/yr

Last Updated: 16 Apr 2023

Companies similar to L&T Finance for Assistant Manager Finance

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Manager Finance Salary 6 - 9 years exp. (9 salaries)	₹2.5 L/yr - ₹5.5 L/yr 37% less
LendingKart Assistant Manager Finance Salary 1 - 4 years exp. (6 salaries)	₹4.5 L/yr - ₹6.2 L/yr 7% more	1 job opening
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Manappuram Finance Assistant Manager Finance Salary 1 - 8 years exp. (5 salaries)	₹2.1 L/yr - ₹4.6 L/yr 53% less
Mahindra Finance Assistant Manager Finance Salary 5 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹4.1 L/yr 22% less
Spandana Sphoorty Financial Assistant Manager Finance Salary 1 - 7 years exp. (5 salaries)	₹4 L/yr - ₹7 L/yr 6% more
Shriram Finance Assistant Manager Finance Salary 0 - 8 years exp. (5 salaries)	₹1.8 L/yr - ₹4.2 L/yr 20% less
Sammaan Capital Limited Assistant Manager Finance Salary 0 - 7 years exp. (5 salaries)	₹3.4 L/yr - ₹6.5 L/yr 25% less
SMFG India Credit Assistant Manager Finance Salary 1 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹6.8 L/yr 1% less
Sundaram Finance Assistant Manager Finance Salary 0 - 8 years exp. (5 salaries)	₹4.1 L/yr - ₹7.4 L/yr 8% more
Poonawalla Fincorp Assistant Manager Finance Salary 3 - 8 years exp. (5 salaries)	₹3.6 L/yr - ₹6.7 L/yr 2% more
Satin Creditcare Network Assistant Manager Finance Salary 0 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹5.7 L/yr 19% less
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Bharat Financial Inclusion Assistant Manager Finance Salary 0 - 26 years exp. (4 salaries)	₹0.2 L/yr - ₹3 L/yr 58% less
TVS Credit Assistant Manager Finance Salary 8 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹6.4 L/yr 3% more
Asirvad Microfinance Assistant Manager Finance Salary 6 - 8 years exp. (3 salaries)	₹4.4 L/yr - ₹4.5 L/yr 15% less
Ess Kay Fincorp Assistant Manager Finance Salary 1 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹5.5 L/yr 18% less

Assistant Manager Finance salary at L&T Finance ranges between ₹4.8 Lakhs to ₹7.3 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Assistant Manager Finance salaries

Last Updated: 16 Apr 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
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7 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
13 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.3 L/yr

View all

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Salary related reviews for L&T Finance

4.1

Rated by 2 employees for salary & benefits

Accounts Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Aug 2018

2.0

for Salary and Benefits

Likes

Good learning especially for Freshers. Some teams allow movement across various departments in the same vertical.

Dislikes

Salary is lower than industry standard. Appraisal process is opaque and one wouldn't know how the rating was done and why you got a particular rating.

Salary - Poor

+1 more

Finance Executive in Aurangabad

Other Department

5.0

• posted on 28 May 2021

5.0

for Salary and Benefits

Likes

...k my company because teammates are supportive and the manegement is transparent.compnay policies are very good,they give good salary hike and bonus every year..

Salary - Excellent

+6 more

Dislikes

There is bond of 2year before which tuu you can't resign ..on the job training is not given to new joinees

Branch Support Officer in Nagpur

Customer Success, Service & Operations Department

5.0

• posted on 09 Oct 2019

4.0

for Salary and Benefits

Likes

...curity good help for career growth good learning from senior but sorey to say i m not satisfied with my salary and appraisal

Salary - Good

+5 more

Dislikes

All thing good and excellent but sorey to say Salary and appraisal not satisfaction

Finance Executive in Rewa

Finance & Accounting Department

5.0

• posted on 03 Sep 2019

5.0

for Salary and Benefits

Likes

The company and its teammates are good,supportive and caring in nature.I learned a lot in last 2 years and its salary its not attractive but its incentive is huge, work environment is very satisfied.

Salary - Excellent

+5 more

Dislikes

I dislike in L&T finance that there is no job security and no new things learning.

Meeting Center Manager

Customer Success, Service & Operations Department

4.0

• posted on 26 Sep 2018

3.0

for Salary and Benefits

Likes

This company has adopted latest technology. I love the fact that I am a part of this team .

Skill development - Good

+3 more

Dislikes

Compensation is decent, but sometimes work imbalance is shown. Government Holidays are not recognize here as holiday. So I slightly disappointed with this policy.

see more salary related reviews

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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 Assistant Manager Finance Salary FAQs

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

The average salary of a Assistant Manager Finance at L&T Finance in India typically ranges from ₹4.8 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Assistant Manager Finance at L&T Finance earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Assistant Manager Finance 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 Assistant Manager Finance at L&T Finance in India?

The estimated take-home salary of a Assistant Manager Finance at L&T Finance in India typically ranges from ₹39,086 to ₹40,264 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 5 years to 15 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.

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

Sundaram Finance	₹4.1 Lakhs to ₹7.4 Lakhs per year
LendingKart	₹4.5 Lakhs to ₹6.2 Lakhs per year
Spandana Sphoorty Financial	₹4.0 Lakhs to ₹7.0 Lakhs per year
TVS Credit	₹4.5 Lakhs to ₹6.4 Lakhs per year
Poonawalla Fincorp	₹3.6 Lakhs to ₹6.7 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 Finance in companies similar to L&T Finance in India?

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

SMFG India Credit	₹2.3 Lakhs to ₹6.8 Lakhs per year
Asirvad Microfinance	₹4.4 Lakhs to ₹4.5 Lakhs per year
Ess Kay Fincorp	₹2.2 Lakhs to ₹5.5 Lakhs per year
Satin Creditcare Network	₹3.2 Lakhs to ₹5.7 Lakhs per year
Shriram Finance	₹1.8 Lakhs to ₹4.2 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 Finance at L&T Finance in India?

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

Experience	Average Salary Range
5 years	₹4.8 Lakhs to ₹5.0 Lakhs per year
6 years	₹2.0 Lakhs to ₹5.3 Lakhs per year
7 years	₹2.0 Lakhs to ₹5.3 Lakhs per year
8 years	₹4.6 Lakhs to ₹5.8 Lakhs per year

and so on.

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L&T Finance Assistant Manager Finance Salaries

L&T Finance Assistant Manager Finance salary in India ranges between ₹4.8 Lakhs to ₹7.3 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.