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

3 - 9 years exp.

₹3.2 Lakhs - ₹5.7 Lakhs

Salary of majority employees

21% less than the average BM Salary in NBFC Companies for 3 - 9 years of experience

Interested in this particular role?

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
Login to view exact salary
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
Mahindra Rural Housing Finance BM Salary 5 - 11 years exp. (12 salaries)	₹2.6 L/yr - ₹5 L/yr 1% more
Aavas Financiers BM Salary 4 - 10 years exp. (9 salaries)	₹4.4 L/yr - ₹7 L/yr 28% more
Login to view exact salary
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
CreditAccess Grameen BM Salary 3 - 10 years exp. (5 salaries)	₹2.7 L/yr - ₹4.4 L/yr 22% less
Satin Creditcare Network BM Salary 4 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 23% less
Manappuram Finance BM Salary 2 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹4.6 L/yr 12% less
Asirvad Microfinance BM Salary 2 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 48% less
Spandana Sphoorty Financial BM Salary 2 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.4 L/yr 42% less
Login to view exact salary
MAS Financial Services BM Salary 1 - 14 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 7% less
SMFG India Credit BM Salary 8 - 15 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 21% more
Muthoot Microfin BM Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.7 L/yr 26% less
Five-Star Business Finance BM Salary 9 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 26% less
SK Finance Limited BM Salary 5 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹3.8 L/yr 19% less

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
Login to view exact salary
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

Similar Designation salaries in L&T Finance

Product Manager Salary

(222 salaries)

₹5 L/yr - ₹18 L/yr

Frontline Officer Salary

(173 salaries)

₹1.2 L/yr - ₹3.5 L/yr

Field Officer Salary

(163 salaries)

₹1.35 L/yr - ₹4 L/yr

Team Manager Salary

(147 salaries)

₹11 L/yr - ₹36 L/yr

Sales Executive Salary

(123 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Front Line Sales Officer Salary

(99 salaries)

₹1.4 L/yr - ₹3.1 L/yr

Chief Manager Salary

(87 salaries)

₹19.75 L/yr - ₹52 L/yr

Team Lead Salary

(83 salaries)

₹1.76 L/yr - ₹12.22 L/yr

Business Executive Salary

(83 salaries)

₹2 L/yr - ₹3.7 L/yr

Operations Manager Salary

(70 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Salary related reviews for L&T Finance

5.0

Rated by 1 employees for salary & benefits

Sales Executive in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

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

Salary - Excellent

+3 more

Dislikes

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

Promotions - Poor

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about L&T Finance?

Ask anonymously on communities.

L&T Finance BM Salary FAQs

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

The average salary of a BM at L&T Finance in India typically ranges from ₹3.2 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of BM at L&T Finance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. BM 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 10+ L&T Finance employees in India.

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 in India typically ranges from ₹34,112 to ₹35,365 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 3 years to 9 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 10+ 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 BM in India?

Capri Global Capital	₹5.2 Lakhs to ₹8.5 Lakhs per year
Aavas Financiers	₹4.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹5.9 Lakhs per year
SMFG India Credit	₹3.6 Lakhs to ₹7.5 Lakhs per year
IIFL Finance	₹4.8 Lakhs to ₹6.0 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 BM in companies similar to L&T Finance in India?

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

Mahindra Rural Housing Finance	₹2.6 Lakhs to ₹5.0 Lakhs per year
MAS Financial Services	₹3.5 Lakhs to ₹5.0 Lakhs per year
Manappuram Finance	₹3.6 Lakhs to ₹4.6 Lakhs per year
Muthoot Fincorp	₹3.1 Lakhs to ₹4.0 Lakhs per year
SK Finance Limited	₹3.6 Lakhs to ₹3.8 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 BM at L&T Finance in India?

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

Experience	Average Salary Range
3 years	₹4.2 Lakhs to ₹8.4 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
5 years	₹3.2 Lakhs to ₹5.2 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.7 Lakhs per year

and so on.

Tell us how to improve this page.

L&T Finance BM Salaries by Location

Home >
Salaries >
L&T Finance Salaries >
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.