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

Annual salary range
1 - 10 years exp.
₹3.1 Lakhs - ₹8.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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26% less than the average Assistant Manager Salary in NBFC Companies for 1 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
1 - 10 years exp. (30 salaries)
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₹4 L/yr - ₹7.7 L/yr

Finance & Accounting
Assistant Manager Salary
1 - 10 years exp. (25 salaries)
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₹3.8 L/yr - ₹8.6 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
3 - 9 years exp. (15 salaries)
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₹3.1 L/yr - ₹8 L/yr

Data Science & Analytics
Assistant Manager Salary
1 - 10 years exp. (8 salaries)
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₹5.2 L/yr - ₹8.3 L/yr

Administration & Facilities
Assistant Manager Salary
7 - 9 years exp. (4 salaries)
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₹4.5 L/yr - ₹7 L/yr

View all

Last Updated: 14 Mar 2025

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

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L&T Finance Assistant Manager Salary

1 - 10 years exp. (119 salaries)

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₹3.1 L/yr - ₹8.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IIFL Finance Assistant Manager Salary

0 - 12 years exp. (101 salaries)

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₹2.4 L/yr - ₹6.4 L/yr

arrow icon 33% less
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SMFG India Credit Assistant Manager Salary

1 - 10 years exp. (97 salaries)

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₹4.2 L/yr - ₹14 L/yr

arrow icon 34% more
1 job opening
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (78 salaries)

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₹2.4 L/yr - ₹5.8 L/yr

arrow icon 33% less
2 job openings
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Mahindra Finance Assistant Manager Salary

4 - 10 years exp. (49 salaries)

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₹4 L/yr - ₹9.7 L/yr

arrow icon 5% less
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Ugro Capital Assistant Manager Salary

1 - 10 years exp. (45 salaries)

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₹3.6 L/yr - ₹9 L/yr

arrow icon 3% more
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Capri Global Capital Assistant Manager Salary

2 - 9 years exp. (40 salaries)

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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 13% less
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Kotak Mahindra Prime Assistant Manager Salary

2 - 8 years exp. (33 salaries)

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₹2.3 L/yr - ₹5 L/yr

arrow icon 42% less
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₹2.3 L/yr - ₹7.2 L/yr

arrow icon 24% less
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₹3 L/yr - ₹10 L/yr

arrow icon 1% less
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Manappuram Finance Assistant Manager Salary

1 - 7 years exp. (28 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 42% less
6 job openings
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LendingKart Assistant Manager Salary

0 - 13 years exp. (15 salaries)

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₹3.2 L/yr - ₹8 L/yr

arrow icon 2% less
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PNB Housing Finance Assistant Manager Salary

4 - 12 years exp. (13 salaries)

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₹4.8 L/yr - ₹6.5 L/yr

arrow icon 7% less
1 job opening
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₹5.2 L/yr - ₹8.1 L/yr

arrow icon 6% less
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Muthoot Fincorp Assistant Manager Salary

0 - 8 years exp. (12 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 41% less
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Electronica Finance Assistant Manager Salary

1 - 8 years exp. (9 salaries)

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₹3.3 L/yr - ₹6.4 L/yr

arrow icon 18% less
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Poonawalla Fincorp Assistant Manager Salary

2 - 9 years exp. (7 salaries)

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₹4 L/yr - ₹7.5 L/yr

arrow icon 9% less
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Aavas Financiers Assistant Manager Salary

2 - 9 years exp. (6 salaries)

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₹2.8 L/yr - ₹7.7 L/yr

arrow icon 21% less
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₹2.7 L/yr - ₹5.2 L/yr

arrow icon 32% less
Assistant Manager salary at L&T Finance ranges between ₹3.1 Lakhs to ₹8.7 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 119 latest salaries received from various employees of L&T Finance.

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

3w ago
₹5 Lakhs
6 years exp.
4w ago
₹6.5 Lakhs
9 years exp.
1mo ago
₹6.5 Lakhs
7 years exp.
1mo ago
₹7.8 Lakhs
8 years exp.
2mo ago
₹4.2 Lakhs
5 years exp.
2mo ago
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6 years exp.
3mo ago
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7 years exp.
3mo ago
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9 years exp.
3mo ago
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7 years exp.
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6 years exp.

Experience wise L&T Finance Assistant Manager salaries in Mumbai

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
1 year  (15 salaries)

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₹5 L/yr - ₹8.1 L/yr
2 years  (11 salaries)

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₹5.4 L/yr - ₹8 L/yr
3 years  (9 salaries)

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₹4.5 L/yr - ₹8.6 L/yr
4 years  (12 salaries)

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₹4 L/yr - ₹8.7 L/yr
5 years  (14 salaries)

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₹3.8 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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1 - 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 - 12 years exp.
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arrow icon 64% 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
(125 salaries)
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₹12.1 L/yr - ₹40 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

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

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 23 Mar 2025

5.0
 for  Salary and Benefits

Likes

Salary and incentives are really good.If u work it's worth really.. promotion no issues

read more
  • Salary - Excellent
  • +2 more

Dislikes

The big problem is incapablity peoples in big position like TM,RM,SRM they are not have the capability to be a BM

  • Skill development - Bad
  • +3 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
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 in Mumbai?
The average salary of a Assistant Manager at L&T Finance in Mumbai typically ranges from ₹3.1 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Assistant Manager in Mumbai at L&T Finance earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹8.6 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 100+ L&T Finance employees in India.
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 in Mumbai typically ranges from ₹47,027 to ₹48,141 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹8.7 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 100+ 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 in Mumbai?
To be a Assistant Manager at L&T Finance in Mumbai, 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 ₹4.2 Lakhs to ₹14.0 Lakhs per year
Ugro Capital ₹3.6 Lakhs to ₹9.0 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 in companies similar to L&T Finance in Mumbai?
The salary of a Assistant Manager at companies similar to L&T Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited ₹3.0 Lakhs to ₹10.0 Lakhs per year
LendingKart ₹3.2 Lakhs to ₹8.0 Lakhs per year
Mahindra Finance ₹4.0 Lakhs to ₹9.7 Lakhs per year
Tata Capital Housing Finance ₹5.2 Lakhs to ₹8.1 Lakhs per year
PNB Housing Finance ₹4.8 Lakhs to ₹6.5 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 Mumbai?
The salary growth for a Assistant Manager at L&T Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at L&T Finance:

Experience Average Salary Range
1 year ₹5.0 Lakhs to ₹8.1 Lakhs per year
2 years ₹5.4 Lakhs to ₹8.0 Lakhs per year
3 years ₹4.5 Lakhs to ₹8.6 Lakhs per year
4 years ₹4.0 Lakhs to ₹8.7 Lakhs per year
and so on.

Tell us how to improve this page.

L&T Finance Assistant Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 119 L&T Finance latest salaries received from various employees of L&T Finance.