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

1 - 9 years exp.

₹3.1 Lakhs - ₹8.7 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

26% 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)	₹4 L/yr - ₹7.7 L/yr
Finance & Accounting Assistant Manager Salary 1 - 9 years exp. (24 salaries)	₹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)	₹3.1 L/yr - ₹8 L/yr
Data Science & Analytics Assistant Manager Salary 1 - 7 years exp. (7 salaries)	₹5.2 L/yr - ₹8.3 L/yr
Administration & Facilities Assistant Manager Salary 7 - 9 years exp. (4 salaries)	₹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

L&T Finance Assistant Manager Salary

1 - 9 years exp. (116 salaries)

₹3.1 L/yr - ₹8.7 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Assistant Manager Salary 0 - 11 years exp. (101 salaries)	₹2.4 L/yr - ₹6.4 L/yr 32% less
SMFG India Credit Assistant Manager Salary 1 - 10 years exp. (97 salaries)	₹4.2 L/yr - ₹14 L/yr 35% more	2 job openings
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Shriram Finance Assistant Manager Salary 0 - 15 years exp. (78 salaries)	₹2.4 L/yr - ₹5.8 L/yr 33% less	2 job openings
Mahindra Finance Assistant Manager Salary 4 - 10 years exp. (49 salaries)	₹4 L/yr - ₹9.7 L/yr 5% less
Ugro Capital Assistant Manager Salary 1 - 10 years exp. (45 salaries)	₹3.6 L/yr - ₹9 L/yr 3% more
Capri Global Capital Assistant Manager Salary 2 - 9 years exp. (36 salaries)	₹3.1 L/yr - ₹7.5 L/yr 10% less
Kotak Mahindra Prime Assistant Manager Salary 2 - 8 years exp. (33 salaries)	₹2.3 L/yr - ₹5 L/yr 42% less
Mahindra Rural Housing Finance Assistant Manager Salary 2 - 10 years exp. (30 salaries)	₹2.3 L/yr - ₹7.2 L/yr 23% less
Sammaan Capital Limited Assistant Manager Salary 5 - 13 years exp. (30 salaries)	₹3 L/yr - ₹10 L/yr 1% less
Manappuram Finance Assistant Manager Salary 1 - 7 years exp. (28 salaries)	₹1.2 L/yr - ₹6 L/yr 41% less	5 job openings
LendingKart Assistant Manager Salary 0 - 13 years exp. (15 salaries)	₹3.2 L/yr - ₹8 L/yr 1% less
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PNB Housing Finance Assistant Manager Salary 4 - 12 years exp. (13 salaries)	₹4.8 L/yr - ₹6.5 L/yr 6% less	1 job opening
Tata Capital Housing Finance Assistant Manager Salary 2 - 12 years exp. (13 salaries)	₹5.2 L/yr - ₹8.1 L/yr 6% less
Muthoot Fincorp Assistant Manager Salary 0 - 8 years exp. (12 salaries)	₹2.1 L/yr - ₹5 L/yr 41% less
Electronica Finance Assistant Manager Salary 1 - 8 years exp. (9 salaries)	₹3.3 L/yr - ₹6.4 L/yr 18% less
Poonawalla Fincorp Assistant Manager Salary 2 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.5 L/yr 9% less
Aavas Financiers Assistant Manager Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹5 L/yr 26% less
Satin Creditcare Network Assistant Manager Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹5.2 L/yr 34% 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 9 years. Salary estimates are based on 116 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.

1mo 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

6 years exp.

3mo ago

7 years exp.

3mo ago

9 years exp.

3mo ago

7 years exp.

3mo ago

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)	₹5 L/yr - ₹8.1 L/yr
2 years (11 salaries)	₹5.4 L/yr - ₹8 L/yr
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3 years (9 salaries)	₹4.5 L/yr - ₹8.6 L/yr
4 years (12 salaries)	₹4 L/yr - ₹8.7 L/yr
5 years (14 salaries)	₹3.8 L/yr - ₹8 L/yr
6 years (13 salaries)	₹4.6 L/yr - ₹7.4 L/yr
7 years (21 salaries)	₹3.1 L/yr - ₹7 L/yr
8 years (11 salaries)	₹4.4 L/yr - ₹7.8 L/yr
9 years (10 salaries)	₹4.5 L/yr - ₹7 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

1 - 9 years exp.

Team Manager

₹

Lakhs/yr

1 - 17 years exp.

Assistant Manager

1 - 9 years exp.

Manager

1 - 14 years exp.

86% hike

Senior Manager

2 - 12 years exp.

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

(127 salaries)

₹12.1 L/yr - ₹40 L/yr

Sales Manager Salary

(13 salaries)

₹3 L/yr - ₹8.5 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 Coimbatore

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

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

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

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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Top trending discussions

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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 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 9 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 ₹46,916 to ₹48,027 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 9 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.

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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 ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 116 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 Coimbatore

Assistant Manager in Hebbal, Bangalore

Branch Manager in Hanwada

Branch Manager in Madhubani

L&T Finance Assistant Manager Salary FAQs

Tell us how to improve this page.