L&T Finance Branch Manager 1 Salaries by 4 Employees

3 - 8 years exp.

₹3.5 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Branch Manager 1 Salary in NBFC Companies for 3 - 8 years of experience

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Last Updated: 6 Feb 2024

Companies similar to L&T Finance for Branch Manager 1

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Manager 1 Salary 2 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr 26% more
HDFC Bank Branch Manager 1 Salary 10 - 17 years exp. (6 salaries)	₹7.9 L/yr - ₹14 L/yr 144% more
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ICICI Bank Branch Manager 1 Salary 7 - 15 years exp. (37 salaries)	₹5.1 L/yr - ₹11 L/yr 103% more
Kotak Mahindra Bank Branch Manager 1 Salary 7 - 15 years exp. (4 salaries)	₹6 L/yr - ₹16.5 L/yr 133% more
Axis Bank Branch Manager 1 Salary 13 - 17 years exp. (4 salaries)	₹9.9 L/yr - ₹10.5 L/yr 145% more
Tata Capital Branch Manager 1 Salary 2 - 12 years exp. (4 salaries)	₹4.1 L/yr - ₹9.5 L/yr 46% more
Aditya Birla Capital Branch Manager 1 Salary 8 - 13 years exp. (4 salaries)	₹6.1 L/yr - ₹8 L/yr 67% more
IIFL Finance Branch Manager 1 Salary 2 - 12 years exp. (26 salaries)	₹3.7 L/yr - ₹6.5 L/yr 25% more
Muthoot Fincorp Branch Manager 1 Salary 4 - 15 years exp. (23 salaries)	₹3 L/yr - ₹5 L/yr 9% more
Muthoot Finance Branch Manager 1 Salary 4 - 11 years exp. (22 salaries)	₹3 L/yr - ₹5.6 L/yr 6% more
Manappuram Finance Branch Manager 1 Salary 2 - 5 years exp. (8 salaries)	₹2.4 L/yr - ₹4.3 L/yr 27% less
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Bharat Financial Inclusion Branch Manager 1 Salary 4 - 13 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 13% less
Capri Global Capital Branch Manager 1 Salary 8 - 10 years exp. (5 salaries)	₹3.8 L/yr - ₹7.3 L/yr 33% more
SMFG India Credit Branch Manager 1 Salary 10 - 16 years exp. (5 salaries)	₹4.2 L/yr - ₹8.4 L/yr 64% more
Satin Creditcare Network Branch Manager 1 Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 13% less
Aavas Financiers Branch Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹4.5 L/yr 5% more
Mahindra Rural Housing Finance Branch Manager 1 Salary 5 - 8 years exp. (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr 5% more
HDB Financial Services Branch Manager 1 Salary 3 - 6 years exp. (3 salaries)	₹6.1 L/yr - ₹8.5 L/yr 99% more

Branch Manager 1 salary at L&T Finance ranges between ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Branch Manager 1 salaries

Last Updated: 6 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

View all

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Salary related reviews for L&T Finance

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

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

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Salary - Good

+1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Job security - Poor

+1 more

Branch Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Jan 2023

4.0

for Salary and Benefits

Likes

If you work well the company give quik promotion and good salary, Company s salary good but , benifits very worst

Salary - Good

+1 more

Dislikes

Hr benifits very worst, the higher or reporting manager are very worst people most. They like personal vanchens only.The company like employees benefits, but the reporting manager are don't care about employees benefits.communication lag in hr and employees, hr support only Regional manager concern about employees.No benifits for work this. Organisation.

Job security - Bad

+1 more

Branch Manager in Mysuru / Mysore

Branch maneger Department

5.0

• posted on 28 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling company

Salary - Good

+5 more

Dislikes

There is a lot of plolitices and the management doesn't address our issues salary is decent but career grouth is slow there is a beautiful ND of 5 years before which 4th of cannot resign on the job

see more salary related reviews

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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 Branch Manager 1 Salary FAQs

What is the salary of Branch Manager 1 at L&T Finance ?

The average salary of a Branch Manager 1 at L&T Finance in India typically ranges from ₹3.5 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Branch Manager 1 at L&T Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Branch Manager 1 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 4 L&T Finance employees in India.

What is the estimated take home salary of a Branch Manager 1 at L&T Finance in India?

The estimated take-home salary of a Branch Manager 1 at L&T Finance in India typically ranges from ₹30,580 to ₹31,886 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 3 years to 8 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 4 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 Branch Manager 1 in India?

Axis Bank	₹9.9 Lakhs to ₹10.5 Lakhs per year
HDFC Bank	₹7.9 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank	₹6.0 Lakhs to ₹16.5 Lakhs per year
ICICI Bank	₹5.1 Lakhs to ₹11.0 Lakhs per year
HDB Financial Services	₹6.1 Lakhs to ₹8.5 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 Branch Manager 1 in companies similar to L&T Finance in India?

The salary of a Branch Manager 1 at companies similar to L&T Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Capital	₹6.1 Lakhs to ₹8.0 Lakhs per year
SMFG India Credit	₹4.2 Lakhs to ₹8.4 Lakhs per year
Tata Capital	₹4.1 Lakhs to ₹9.5 Lakhs per year
Capri Global Capital	₹3.8 Lakhs to ₹7.3 Lakhs per year
Bajaj Finance	₹3.6 Lakhs to ₹6.5 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 Branch Manager 1 at L&T Finance in India?

The salary growth for a Branch Manager 1 at L&T Finance depends on factors such as experience, performance, and promotions. On average, a Branch Manager 1 can expect the following growth trajectory at L&T Finance:

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
5 years	₹1.6 Lakhs to ₹4.0 Lakhs per year
6 years	₹1.7 Lakhs to ₹4.5 Lakhs per year

and so on.

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L&T Finance Branch Manager 1 Salaries

L&T Finance Branch Manager 1 salary in India ranges between ₹3.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.