L&T Finance Mumbai Assistant Manager Operations Salaries by 5 Employees

6 - 10 years exp.

₹4.5 Lakhs - ₹6.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% less than the average Assistant Manager Operations Salary in NBFC Companies for 6 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Operations Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹5.9 L/yr
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Finance & Accounting Assistant Manager Operations Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.9 L/yr

Last Updated: 29 Oct 2024

Companies similar to L&T Finance for Assistant Manager Operations in Mumbai

L&T Finance Assistant Manager Operations Salary

6 - 10 years exp. (5 salaries)

₹4.5 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Manager Operations Salary 5 - 8 years exp. (5 salaries)	₹3.3 L/yr - ₹4 L/yr 35% less
SMFG India Credit Assistant Manager Operations Salary 11 - 15 years exp. (5 salaries)	₹4.8 L/yr - ₹8 L/yr 7% more
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WNS Assistant Manager Operations Salary 6 - 15 years exp. (52 salaries)	₹4.3 L/yr - ₹10.5 L/yr 34% more	5 job openings
ICICI Bank Assistant Manager Operations Salary 1 - 8 years exp. (40 salaries)	₹3.1 L/yr - ₹5.5 L/yr 27% less
Axis Bank Assistant Manager Operations Salary 0 - 6 years exp. (31 salaries)	₹2.7 L/yr - ₹4.7 L/yr 36% less

Assistant Manager Operations salary at L&T Finance ranges between ₹4.5 Lakhs to ₹6.9 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Assistant Manager Operations salaries in Mumbai

Last Updated: 29 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr

Similar Designation salaries in L&T Finance

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(182 salaries)

₹5 L/yr - ₹18.5 L/yr

Team Manager Salary

(127 salaries)

₹12.1 L/yr - ₹40 L/yr

Chief Manager Salary

(80 salaries)

₹19.75 L/yr - ₹52 L/yr

Team Lead Salary

(33 salaries)

₹6.34 L/yr - ₹16.84 L/yr

Business Executive Salary

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Sales Executive Salary

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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

Team Manager in Mumbai

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

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.

Promotions - Poor

Product Manager in Mumbai

Full Time

Consulting Department

3.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Work culture is aggressive. Management is good. But if you’re a part of rural finance team (which I was) work life balance is difficult. Learning opportunities are great. I learnt a lot as a product manager.

Job security - Good

Dislikes

Work life balance. Favouritism. Politics. Low compensation (2020 no hike was given to any staff, 2021 (5%-8%) was hike. Pay is not that great as to the market standard.

Salary - Poor

+2 more

Front Line Sales Officer in Kampur

Sales & Business Development Department

5.0

• posted on 01 Jan 2022

4.0

for Salary and Benefits

Likes

...IC. Work culture is good. Maintain office time's. Company policies is very good. They give good salary and hug incentives.

Salary - Good

+4 more

Dislikes

Career growth is slow. Holiday is not off office . Sunday is working day here.

Front Line Executive in Mukalmua

Marketing & Communication Department

3.0

• posted on 15 Nov 2021

4.0

for Salary and Benefits

Likes

Job security average good work environment culture.team are supporting.company policy are good they give good salary every month.

Salary - Good

+3 more

Dislikes

There is a very political issue.salary is good but career is not growth and very slowly.I am 3 years working at l&t finance. Now company new require ment not joining.

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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 Operations Salary FAQs

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

The average salary of a Assistant Manager Operations at L&T Finance in Mumbai typically ranges from ₹4.5 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Assistant Manager Operations in Mumbai at L&T Finance earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Assistant Manager Operations 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 Operations at L&T Finance in Mumbai?

The estimated take-home salary of a Assistant Manager Operations at L&T Finance in Mumbai typically ranges from ₹44,609 to ₹45,706 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 6 years 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 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 Operations in India?

WNS	₹4.3 Lakhs to ₹10.5 Lakhs per year
SMFG India Credit	₹4.8 Lakhs to ₹8.0 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 Assistant Manager Operations in companies similar to L&T Finance in Mumbai?

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

ICICI Bank	₹3.1 Lakhs to ₹5.5 Lakhs per year
Muthoot Finance	₹3.3 Lakhs to ₹4.0 Lakhs per year
Axis Bank	₹2.7 Lakhs to ₹4.7 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 Operations at L&T Finance in Mumbai?

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

Experience	Average Salary Range
6 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
7 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
9 years	₹5.3 Lakhs to ₹6.8 Lakhs per year

and so on.

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L&T Finance Assistant Manager Operations Salaries in Mumbai

L&T Finance Assistant Manager Operations salary in Mumbai ranges between ₹4.5 Lakhs to ₹6.9 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.