L&T Finance Mumbai Associate Salaries by 5 Employees (Updated 2025)

0 - 5 years exp.

₹1.8 Lakh - ₹3.3 Lakhs

Salary of majority employees

64% less than the average Associate Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.2 L/yr
BFSI, Investments & Trading Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Finance & Accounting Associate Salary Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.6 L/yr

Last Updated: 5 Dec 2024

Companies similar to L&T Finance for Associate in Mumbai

L&T Finance Associate Salary

0 - 5 years exp. (5 salaries)

₹1.8 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Salary 0 - 6 years exp. (21 salaries)	₹1.9 L/yr - ₹7.8 L/yr 4% more
ICICI Bank Associate Salary 0 - 6 years exp. (26 salaries)	₹1.4 L/yr - ₹4.9 L/yr 3% more
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Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (345 salaries)	₹1.2 L/yr - ₹4.2 L/yr 10% less
Axis Bank Associate Salary 0 - 7 years exp. (16 salaries)	₹2.1 L/yr - ₹5 L/yr 30% more
Tata Capital Associate Salary 0 - 11 years exp. (15 salaries)	₹1.7 L/yr - ₹5.5 L/yr 23% more	2 job openings
Mahindra Finance Associate Salary 1 - 8 years exp. (7 salaries)	₹1.7 L/yr - ₹3.6 L/yr 1% more
Aditya Birla Capital Associate Salary 0 - 6 years exp. (13 salaries)	₹2.1 L/yr - ₹6 L/yr 37% more
HDB Financial Services Associate Salary 1 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹2.8 L/yr 17% less
IIFL Finance Associate Salary 0 - 4 years exp. (7 salaries)	₹3 L/yr - ₹9 L/yr 54% more
Sundaram Finance Associate Salary 0 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹2.5 L/yr 33% less
Mahindra Rural Housing Finance Associate Salary 1 - 6 years exp. (4 salaries)	₹1.9 L/yr - ₹2.7 L/yr 23% less
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Kotak Mahindra Prime Associate Salary 4 - 8 years exp. (3 salaries)	₹2.9 L/yr - ₹3.8 L/yr 3% more
IDFC FIRST Bharat Associate Salary 0 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr 19% less

Associate salary at L&T Finance ranges between ₹1.8 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Associate salaries in Mumbai

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.3 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr

View all

Similar Designation salaries in L&T Finance

Team Lead Salary

(28 salaries)

₹5.42 L/yr - ₹16.29 L/yr

Senior Associate Salary

(4 salaries)

₹1.95 L/yr - ₹6.7 L/yr

Salary related reviews for L&T Finance

3.0

Rated by 1 employees for salary & benefits

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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What people are saying about L&T Finance

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amangupta9965

works at

Tussle Digital Pvt Ltd

IT Quarterly Awards - Q2 FY'24

I am thrilled to share that I have received an certificate of appreciation for Q2 FY'24, a true honor for my hard work and dedication. I want to express my sincere gratitude to L&T Finance Team for their support, guidance, and collaboration, which played a significant role in achieving this milestone.

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L&T Finance Associate Salary FAQs

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

Associate salary at L&T Finance in Mumbai ranges between ₹1.8 Lakhs to ₹3.3 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 64% less than the average Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance Mumbai.

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

The average salary of a Associate at L&T Finance is 64% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

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

IIFL Finance Associate Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Capital Associate Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
Axis Bank Associate Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year
Tata Capital Associate Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year
HDFC Bank Associate Salary - ₹1.9 Lakhs to ₹7.8 Lakhs per year

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

Kotak Mahindra Prime Associate Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year
ICICI Bank Associate Salary - ₹1.4 Lakhs to ₹4.9 Lakhs per year
Mahindra Finance Associate Salary - ₹1.7 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindra Bank Associate Salary - ₹1.2 Lakhs to ₹4.2 Lakhs per year
HDB Financial Services Associate Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a Associate at L&T Finance ranges between ₹20,106 per month to ₹21,767 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Associate salary in India which ranges between ₹1.8 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the L&T Finance Associates in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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L&T Finance Associate Salaries in Mumbai

L&T Finance Associate salary in Mumbai ranges between ₹1.8 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.