L&T Finance Mumbai Assistant Manager Salaries by 100+ Employees (Updated 2025)

1 - 9 years exp.

₹3.1 Lakhs - ₹9 Lakhs

Salary of majority employees

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25% less than the average Assistant Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 1 - 9 years exp. (29 salaries)	Unlock ₹3.5 L/yr - ₹7.7 L/yr
Finance & Accounting Assistant Manager Salary 1 - 9 years exp. (26 salaries)	Unlock ₹3.8 L/yr - ₹8.6 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 3 - 9 years exp. (16 salaries)	Unlock ₹3.1 L/yr - ₹8 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 7 years exp. (7 salaries)	Unlock ₹5.2 L/yr - ₹8.3 L/yr
Human Resources Assistant Manager Salary 1 - 9 years exp. (4 salaries)	Unlock ₹4.4 L/yr - ₹7.2 L/yr

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Last Updated: 8 Mar 2025

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

L&T Finance Assistant Manager Salary

1 - 9 years exp. (120 salaries)

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₹3.1 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.6k salaries)	Unlock ₹1.8 L/yr - ₹7 L/yr 38% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	Unlock ₹2 L/yr - ₹6 L/yr 34% less
Login to view exact salary
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 34% less	2 job openings
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	Unlock ₹1 L/yr - ₹5 L/yr 45% less
Bajaj Finance Assistant Manager Salary 0 - 11 years exp. (119 salaries)	Unlock ₹1.8 L/yr - ₹8.1 L/yr 21% less	850 job openings
Tata Capital Assistant Manager Salary 0 - 8 years exp. (94 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 25% more
Mahindra Finance Assistant Manager Salary 3 - 10 years exp. (61 salaries)	Unlock ₹3.2 L/yr - ₹10 L/yr 6% less	1 job opening
Aditya Birla Finance Assistant Manager Salary 2 - 10 years exp. (23 salaries)	Unlock ₹3.5 L/yr - ₹10.7 L/yr 7% less
Yes Bank Assistant Manager Salary 0 - 10 years exp. (847 salaries)	Unlock ₹2.4 L/yr - ₹6.6 L/yr 27% less	1 job opening
RBL Bank Assistant Manager Salary 0 - 10 years exp. (507 salaries)	Unlock ₹2 L/yr - ₹7 L/yr 34% less

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Assistant Manager salary at L&T Finance ranges between ₹3.1 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 120 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Assistant Manager in Mumbai

5d ago

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9 years exp.

1mo ago

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7 years exp.

1mo ago

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8 years exp.

1mo ago

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5 years exp.

2mo ago

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6 years exp.

2mo ago

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7 years exp.

2mo ago

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9 years exp.

2mo ago

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7 years exp.

2mo ago

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6 years exp.

4mo ago

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8 years exp.

Experience wise L&T Finance Assistant Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (16 salaries)	Unlock ₹5 L/yr - ₹8.1 L/yr
2 years (11 salaries)	Unlock ₹5.4 L/yr - ₹8 L/yr
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3 years (10 salaries)	Unlock ₹4.5 L/yr - ₹9 L/yr
4 years (12 salaries)	Unlock ₹4 L/yr - ₹8.7 L/yr
5 years (14 salaries)	Unlock ₹3.8 L/yr - ₹8 L/yr
6 years (13 salaries)	Unlock ₹4.6 L/yr - ₹7.4 L/yr
7 years (23 salaries)	Unlock ₹3.1 L/yr - ₹7 L/yr
8 years (11 salaries)	Unlock ₹4.4 L/yr - ₹7.8 L/yr
9 years (10 salaries)	Unlock ₹4.5 L/yr - ₹7 L/yr

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From

Assistant Manager

₹

Lakhs/yr

1 - 9 years exp.

Team Manager

₹

Lakhs/yr

6 - 17 years exp.

Assistant Manager

1 - 9 years exp.

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Manager

1 - 13 years exp.

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93% hike

Senior Manager

2 - 13 years exp.

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54% 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

Team Manager Salary

(105 salaries)

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₹11 L/yr - ₹36 L/yr

Sales Manager Salary

(14 salaries)

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₹3 L/yr - ₹10.5 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

3.0

Rated by 8 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.

Salary - Bad

+6 more

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.

Salary - Bad

+6 more

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

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

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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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L&T Finance Assistant Manager Salary FAQs

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

Assistant Manager salary at L&T Finance in Mumbai ranges between ₹3.1 Lakhs to ₹9.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 25% less than the average Assistant Manager Salary in India. Salary estimates are based on 120 latest salaries received from various employees of L&T Finance Mumbai.

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

The average salary of a Assistant Manager at L&T Finance is 25% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

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

Balance Sheet, Customer Service, Inventory Management, Quality Assurance and Operations are some of the popular skills required to work as a Assistant Manager at L&T Finance Mumbai.

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

SMFG India Credit Assistant Manager Salary - ₹4.2 Lakhs to ₹14.0 Lakhs per year
Tata Capital Assistant Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year

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

PNB Housing Finance Assistant Manager Salary - ₹4.8 Lakhs to ₹8.6 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Mahindra Finance Assistant Manager Salary - ₹3.2 Lakhs to ₹10.0 Lakhs per year
Tata Capital Housing Finance Assistant Manager Salary - ₹5.2 Lakhs to ₹8.1 Lakhs per year
Aditya Birla Finance Assistant Manager Salary - ₹3.5 Lakhs to ₹10.7 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at L&T Finance ranges between ₹47,415 per month to ₹48,538 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Assistant Manager salary in India which ranges between ₹3.1 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 66% of the L&T Finance Assistant Managers in Mumbai reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 58 responses on AmbitionBox in last 2 years.

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L&T Finance Assistant Manager Salaries in Mumbai

L&T Finance Assistant Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 120 L&T Finance latest salaries received from various employees of L&T Finance.

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

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

Latest annual salaries shared by L&T Finance Assistant Manager in Mumbai

Experience wise L&T Finance Assistant Manager salaries in Mumbai

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 Hanwada

Team Manager in Mumbai

Branch Manager in Madhubani

L&T Finance Assistant Manager Salary FAQs

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