L&T Finance Associate Manager Salaries by 6 Employees (Updated 2025)

1 - 8 years exp.

₹3.2 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

63% less than the average Associate Manager Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

Human Resources Associate Manager Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.3 L/yr
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Customer Success, Service & Operations Associate Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.8 L/yr

Last Updated: 1 Feb 2025

Companies similar to L&T Finance for Associate Manager

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Associate Manager Salary 1 - 13 years exp. (14 salaries)	₹3.2 L/yr - ₹5 L/yr 34% less
Muthoot Finance Associate Manager Salary 1 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹4.3 L/yr 41% less
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Manappuram Finance Associate Manager Salary 5 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4 L/yr 39% less
Kotak Mahindra Prime Associate Manager Salary 3 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹4.2 L/yr 41% less
Mahindra Finance Associate Manager Salary 4 - 9 years exp. (5 salaries)	₹3.7 L/yr - ₹6.1 L/yr 17% less
Sundaram Finance Associate Manager Salary 3 - 13 years exp. (5 salaries)	₹4.1 L/yr - ₹17.4 L/yr 73% more
TVS Credit Associate Manager Salary 2 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 4% less
Aavas Financiers Associate Manager Salary 0 - 3 years exp. (4 salaries)	₹3.9 L/yr - ₹10.5 L/yr 5% more
Shriram Finance Associate Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.9 L/yr 3% less
Sammaan Capital Limited Associate Manager Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 23% less
Satin Creditcare Network Associate Manager Salary 4 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹7.5 L/yr 27% less
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Poonawalla Fincorp Associate Manager Salary 0 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹8.1 L/yr 14% more

Associate Manager salary at L&T Finance ranges between ₹3.2 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Associate Manager salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

View all

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Salary related reviews for L&T Finance

Sales Executive in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 24 Mar 2025

5.0

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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

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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

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• posted on 23 Mar 2025

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for Salary and Benefits

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Salary - Excellent

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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

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Full Time

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4.0

• posted on 10 Feb 2025

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for Salary and Benefits

Likes

Work life Salary Skill development

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+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

Senior Manager in Mumbai

Full Time

Human Resources Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

The work culture is dramatically different from before after the Leadership change. It’s all about work life balance and flexibility now.

Work-life balance - Good

Dislikes

While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.

Skill development - Poor

+4 more

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

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L&T Finance Associate Manager Salary FAQs

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

The average salary of a Associate Manager at L&T Finance in India typically ranges from ₹3.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Associate Manager at L&T Finance earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Associate 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 6 L&T Finance employees in India.

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

The estimated take-home salary of a Associate Manager at L&T Finance in India typically ranges from ₹43,867 to ₹44,975 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 6 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 Associate Manager in India?

Sundaram Finance	₹4.1 Lakhs to ₹17.4 Lakhs per year
Poonawalla Fincorp	₹3.6 Lakhs to ₹8.1 Lakhs per year
Aavas Financiers	₹3.9 Lakhs to ₹10.5 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 Associate Manager in companies similar to L&T Finance in India?

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

Shriram Finance	₹3.0 Lakhs to ₹7.9 Lakhs per year
TVS Credit	₹4.5 Lakhs to ₹7.0 Lakhs per year
Mahindra Finance	₹3.7 Lakhs to ₹6.1 Lakhs per year
Sammaan Capital Limited	₹2.5 Lakhs to ₹7.0 Lakhs per year
Satin Creditcare Network	₹2.6 Lakhs to ₹7.5 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 Associate Manager at L&T Finance in India?

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

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹5.7 Lakhs per year
2 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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L&T Finance Associate Manager Salaries

L&T Finance Associate Manager salary in India ranges between ₹3.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 L&T Finance latest salaries received from various employees of L&T Finance.