L&T Finance Mumbai AVP Salaries by 3 Employees

4 - 12 years exp.

₹11 Lakhs - ₹31 Lakhs

Low Confidence

Salary of majority employees

34% less than the average AVP Salary in NBFC Companies for 4 - 12 years of experience

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Last Updated: 22 Apr 2023

Companies similar to L&T Finance for AVP in Mumbai

L&T Finance AVP Salary

4 - 12 years exp. (3 salaries)

₹11 L/yr - ₹31 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit AVP Salary 7 - 16 years exp. (25 salaries)	₹15 L/yr - ₹44 L/yr 61% more
IIFL Finance AVP Salary 7 - 15 years exp. (11 salaries)	₹36.1 L/yr - ₹60 L/yr 99% more
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Poonawalla Fincorp AVP Salary 12 - 18 years exp. (6 salaries)	₹36 L/yr - ₹46 L/yr 123% more
Mahindra Finance AVP Salary 11 - 20 years exp. (4 salaries)	₹32 L/yr - ₹40.3 L/yr 94% more
JPMorgan Chase & Co. AVP Salary 8 - 19 years exp. (185 salaries)	₹16 L/yr - ₹45 L/yr 55% more

AVP salary at L&T Finance ranges between ₹11 Lakhs to ₹31 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance AVP salaries in Mumbai

Last Updated: 22 Apr 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
9 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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12 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr

Similar Designation salaries in L&T Finance

Product Manager Salary

(191 salaries)

₹5 L/yr - ₹18 L/yr

Team Manager Salary

(116 salaries)

₹11 L/yr - ₹36 L/yr

Chief Manager Salary

(78 salaries)

₹19.75 L/yr - ₹52 L/yr

Team Lead Salary

(31 salaries)

₹6.93 L/yr - ₹17.4 L/yr

Business Executive Salary

(10 salaries)

₹2.3 L/yr - ₹3.5 L/yr

Sales Executive Salary

(9 salaries)

₹1.6 L/yr - ₹2.5 L/yr

Salary related reviews for L&T Finance

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

Product Manager in Mumbai

Full Time

Consulting Department

3.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Work culture is aggressive. Management is good. But if you’re a part of rural finance team (which I was) work life balance is difficult. Learning opportunities are great. I learnt a lot as a product manager.

Job security - Good

Dislikes

Work life balance. Favouritism. Politics. Low compensation (2020 no hike was given to any staff, 2021 (5%-8%) was hike. Pay is not that great as to the market standard.

Salary - Poor

+2 more

Front Line Sales Officer in Kampur

Sales & Business Development Department

5.0

• posted on 01 Jan 2022

4.0

for Salary and Benefits

Likes

...IC. Work culture is good. Maintain office time's. Company policies is very good. They give good salary and hug incentives.

Salary - Good

+4 more

Dislikes

Career growth is slow. Holiday is not off office . Sunday is working day here.

Front Line Executive in Mukalmua

Marketing & Communication Department

3.0

• posted on 15 Nov 2021

4.0

for Salary and Benefits

Likes

Job security average good work environment culture.team are supporting.company policy are good they give good salary every month.

Salary - Good

+3 more

Dislikes

There is a very political issue.salary is good but career is not growth and very slowly.I am 3 years working at l&t finance. Now company new require ment not joining.

Product Manager in Mumbai

Product Management Department

1.0

• posted on 06 Apr 2021

2.0

for Salary and Benefits

Likes

The one thing I would say is nice about this place is that it provides equal opportunity to everyone, no matter if they are freshers. A lot of learning opportunities are there and they can get hands on experience at a young stage in career as well.

Dislikes

... You will never get a day off, not even Sundays. Weekends are off only on paper. They expect you to work 24/7 and provide very less pay for the work they make you do.

Salary - Poor

+4 more

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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L&T Finance AVP Salary FAQs

How the salary growth look like for a AVP at L&T Finance in Mumbai?

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

Experience	Average Salary Range
4 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
9 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
12 years	₹27.9 Lakhs to ₹35.6 Lakhs per year

and so on.

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L&T Finance AVP salary in Mumbai ranges between ₹11 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance AVP salaries in Mumbai

Companies similar to L&T Finance for AVP in Mumbai

Latest annual salaries shared by L&T Finance AVP in Mumbai

Experience wise L&T Finance AVP salaries in Mumbai

Similar Designation salaries in L&T Finance

Salary related reviews for L&T Finance

Team Manager in Mumbai

Product Manager in Mumbai

Front Line Sales Officer in Kampur

Front Line Executive in Mukalmua

Product Manager in Mumbai

L&T Finance AVP Salary FAQs

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