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

1 - 8 years exp.

₹3.2 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

62% 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
Bajaj Finance Associate Manager Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 10% less
HDFC Bank Associate Manager Salary 0 - 8 years exp. (26 salaries)	₹2.5 L/yr - ₹6 L/yr 32% less
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ICICI Bank Associate Manager Salary 0 - 6 years exp. (37 salaries)	₹2.2 L/yr - ₹7.6 L/yr 30% less
Kotak Mahindra Bank Associate Manager Salary 1 - 8 years exp. (75 salaries)	₹1.6 L/yr - ₹5.1 L/yr 43% less
Axis Bank Associate Manager Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹5.1 L/yr 33% less
Tata Capital Associate Manager Salary 1 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹7.8 L/yr 7% less
Mahindra Finance Associate Manager Salary 5 - 9 years exp. (4 salaries)	₹4.3 L/yr - ₹6.1 L/yr 15% less
Aditya Birla Capital Associate Manager Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹8.5 L/yr 6% more
Shriram Finance Associate Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.9 L/yr 3% less
IIFL Finance Associate Manager Salary 1 - 13 years exp. (13 salaries)	₹3.2 L/yr - ₹5 L/yr 35% less
Muthoot Finance Associate Manager Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹4.3 L/yr 39% 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
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
Sammaan Capital Limited Associate Manager Salary 1 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 23% less
HDB Financial Services Associate Manager Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 34% less
Satin Creditcare Network Associate Manager Salary 4 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹7.5 L/yr 27% less
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)	₹2 L/yr - ₹6.6 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)	₹3.2 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹10.6 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr

View all

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Salary related reviews for L&T Finance

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

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

Regional Process Manager in Kolkata

Full Time

Finance & Accounting Department

3.0

• posted on 26 Sep 2024

4.0

for Salary and Benefits

Likes

I am working in L&T last 4.6 years and I hope in good salary and appraisal time to time and future growth seen High.

Salary - Good

+3 more

Dislikes

I am facing issue about life balance. Not spend time with family and more concerned about job timing. Job timing and Saturday, Sunday working are very concerned area.

Company culture - Poor

+1 more

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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L&T Finance Associate Manager Salary FAQs

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

Associate Manager salary at L&T Finance in India ranges between ₹3.2 Lakhs to ₹8.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 62% less than the average Associate Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of L&T Finance India.

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

The average salary of a Associate Manager at L&T Finance is 62% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

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

Sundaram Finance Associate Manager Salary - ₹4.1 Lakhs to ₹17.4 Lakhs per year
Poonawalla Fincorp Associate Manager Salary - ₹3.6 Lakhs to ₹8.1 Lakhs per year
Aditya Birla Capital Associate Manager Salary - ₹3.6 Lakhs to ₹8.5 Lakhs per year
Aavas Financiers Associate Manager Salary - ₹3.9 Lakhs to ₹10.5 Lakhs per year

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

Shriram Finance Associate Manager Salary - ₹3.0 Lakhs to ₹7.9 Lakhs per year
TVS Credit Associate Manager Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
Tata Capital Associate Manager Salary - ₹4.5 Lakhs to ₹7.8 Lakhs per year
Bajaj Finance Associate Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance Associate Manager Salary - ₹4.3 Lakhs to ₹6.1 Lakhs per year

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 ranges between ₹43,867 per month to ₹44,975 per month in India. The take-home salary calculation is based on the average L&T Finance Associate Manager salary in India which ranges between ₹3.2 Lakhs to ₹8.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at L&T Finance?

According to AmbitionBox, 67% of the L&T Finance Associate Managers reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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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.