L&T Finance BM Salaries by 10+ Employees (Updated 2025)

3 - 9 years exp.

₹3.2 Lakhs - ₹5.7 Lakhs

Salary of majority employees

20% less than the average BM Salary in NBFC Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading BM Salary 5 - 7 years exp. (5 salaries)	₹3.2 L/yr - ₹5.7 L/yr
Finance & Accounting BM Salary 3 - 9 years exp. (3 salaries)	₹3.7 L/yr - ₹5.2 L/yr
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Customer Success, Service & Operations BM Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.6 L/yr

Last Updated: 17 Jan 2025

Companies similar to L&T Finance for BM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank BM Salary 10 - 18 years exp. (7 salaries)	₹7.2 L/yr - ₹17.6 L/yr 159% more
ICICI Bank BM Salary 7 - 12 years exp. (16 salaries)	₹3.5 L/yr - ₹10 L/yr 88% more
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Kotak Mahindra Bank BM Salary 11 - 13 years exp. (5 salaries)	₹7.1 L/yr - ₹14.5 L/yr 126% more
Axis Bank BM Salary 4 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹4.5 L/yr 19% less
Tata Capital BM Salary 6 - 10 years exp. (3 salaries)	₹5 L/yr - ₹7.6 L/yr 32% more
Mahindra Rural Housing Finance BM Salary 5 - 11 years exp. (11 salaries)	₹2.6 L/yr - ₹5 L/yr 4% less
Aavas Financiers BM Salary 4 - 10 years exp. (9 salaries)	₹4.4 L/yr - ₹7 L/yr 28% more
Muthoot Fincorp BM Salary 4 - 11 years exp. (8 salaries)	₹3.1 L/yr - ₹4 L/yr 16% less
Muthoot Finance BM Salary 5 - 10 years exp. (8 salaries)	₹3 L/yr - ₹5.9 L/yr 25% more
IIFL Finance BM Salary 5 - 11 years exp. (6 salaries)	₹4.8 L/yr - ₹6 L/yr 13% more
Capri Global Capital BM Salary 5 - 9 years exp. (5 salaries)	₹5.2 L/yr - ₹8.5 L/yr 51% more
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Satin Creditcare Network BM Salary 4 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 23% less
SMFG India Credit BM Salary 8 - 15 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 21% more
Manappuram Finance BM Salary 2 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹4.6 L/yr 12% less
SK Finance Limited BM Salary 5 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹3.8 L/yr 19% less
HDB Financial Services BM Salary 10 - 11 years exp. (3 salaries)	₹5.2 L/yr - ₹6.3 L/yr 24% more

BM salary at L&T Finance ranges between ₹3.2 Lakhs to ₹5.7 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance BM salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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5 years (3 salaries)	₹3.2 L/yr - ₹5.2 L/yr
6 years (3 salaries)	₹3.2 L/yr - ₹4.7 L/yr
7 years (3 salaries)	₹1.8 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹8.1 L/yr

View all

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Salary related reviews for L&T Finance

5.0

Rated by 1 employees for salary & benefits

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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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L&T Finance BM Salary FAQs

What is the salary of BM at L&T Finance?

BM salary at L&T Finance in India ranges between ₹3.2 Lakhs to ₹5.7 Lakhs for experience between 3 years to 9 years. According to our estimates it is 20% less than the average BM Salary in India. Salary estimates are based on 11 latest salaries received from various employees of L&T Finance India.

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

The average salary of a BM at L&T Finance is 20% less than the average salary of a BM in India. To know exact salary insights, login to view.

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

HDFC Bank BM Salary - ₹7.2 Lakhs to ₹17.6 Lakhs per year
Kotak Mahindra Bank BM Salary - ₹7.1 Lakhs to ₹14.5 Lakhs per year
ICICI Bank BM Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
Capri Global Capital BM Salary - ₹5.2 Lakhs to ₹8.5 Lakhs per year
Tata Capital BM Salary - ₹5.0 Lakhs to ₹7.6 Lakhs per year

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

Aavas Financiers BM Salary - ₹4.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Finance BM Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
HDB Financial Services BM Salary - ₹5.2 Lakhs to ₹6.3 Lakhs per year
SMFG India Credit BM Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
IIFL Finance BM Salary - ₹4.8 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a BM at L&T Finance ranges between ₹34,112 per month to ₹35,365 per month in India. The take-home salary calculation is based on the average L&T Finance BM salary in India which ranges between ₹3.2 Lakhs to ₹5.7 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the L&T Finance BMs reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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L&T Finance BM Salaries

L&T Finance BM salary in India ranges between ₹3.2 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 L&T Finance latest salaries received from various employees of L&T Finance.