L&T Finance Mumbai Business Analyst Salaries by 10+ Employees (Updated 2025)

0 - 7 years exp.

₹5.2 Lakhs - ₹15 Lakhs

Salary of majority employees

15% less than the average Business Analyst Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 0 - 7 years exp. (8 salaries)	₹5.2 L/yr - ₹15 L/yr
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IT & Information Security Business Analyst Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr

Last Updated: 3 Feb 2025

Companies similar to L&T Finance for Business Analyst in Mumbai

L&T Finance Business Analyst Salary

0 - 7 years exp. (15 salaries)

₹5.2 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Business Analyst Salary 1 - 8 years exp. (18 salaries)	₹3.2 L/yr - ₹12.5 L/yr 16% less
Mahindra Finance Business Analyst Salary 2 - 10 years exp. (11 salaries)	₹6.7 L/yr - ₹11.5 L/yr 8% less
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IIFL Finance Business Analyst Salary 1 - 7 years exp. (10 salaries)	₹4.2 L/yr - ₹9 L/yr 14% less
Sammaan Capital Limited Business Analyst Salary 1 - 7 years exp. (9 salaries)	₹3 L/yr - ₹9.5 L/yr 31% less
Capri Global Capital Business Analyst Salary 1 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.1 L/yr 67% less

Business Analyst salary at L&T Finance ranges between ₹5.2 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 15 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Business Analyst salaries in Mumbai

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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2 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.6 L/yr
3 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
5 years (3 salaries)	₹8.8 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr

View all

Similar Designation salaries in L&T Finance

Product Manager Salary

(191 salaries)

₹5 L/yr - ₹18 L/yr

Team Lead Salary

(31 salaries)

₹6.93 L/yr - ₹17.4 L/yr

Data Scientist Salary

(19 salaries)

₹7.25 L/yr - ₹12.5 L/yr

Project Manager Salary

(13 salaries)

₹6 L/yr - ₹14.16 L/yr

Senior Data Analyst Salary

(4 salaries)

₹12.2 L/yr - ₹17 L/yr

Analyst Salary

(4 salaries)

₹3 L/yr - ₹9 L/yr

Senior Associate Salary

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₹1.95 L/yr - ₹6.7 L/yr

Salary related reviews for L&T Finance

4.0

Rated by 2 employees for salary & benefits

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

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

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

Assistant Manager in Coimbatore

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 23 Mar 2025

5.0

for Salary and Benefits

Likes

Salary and incentives are really good.If u work it's worth really.. promotion no issues

Salary - Excellent

+2 more

Dislikes

The big problem is incapablity peoples in big position like TM,RM,SRM they are not have the capability to be a BM

Skill development - Bad

+3 more

Branch Manager in Hanwada

Full Time

Finance & Accounting Department

4.0

• posted on 10 Feb 2025

4.0

for Salary and Benefits

Likes

Work life Salary Skill development

Salary - Good

+4 more

Dislikes

Some kind of aggressive mentors monitoring, It's too worst to face and use some salary to work comparision words continue revert by supervisor and superior officials

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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

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L&T Finance Business Analyst Salary FAQs

What is the salary of Business Analyst at L&T Finance in Mumbai?

The average salary of a Business Analyst at L&T Finance in Mumbai typically ranges from ₹5.2 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Analyst in Mumbai at L&T Finance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Business Analyst 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 Business Analyst at L&T Finance in Mumbai?

The estimated take-home salary of a Business Analyst at L&T Finance in Mumbai typically ranges from ₹64,485 to ₹66,129 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher to 7 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.

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

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

Mahindra Finance	₹6.7 Lakhs to ₹11.5 Lakhs per year
IIFL Finance	₹4.2 Lakhs to ₹9.0 Lakhs per year
SMFG India Credit	₹3.2 Lakhs to ₹12.5 Lakhs per year
Sammaan Capital Limited	₹3.0 Lakhs to ₹9.5 Lakhs per year
Capri Global Capital	₹2.4 Lakhs to ₹3.1 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 Business Analyst at L&T Finance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹7.0 Lakhs to ₹9.0 Lakhs per year
1 year	₹7.3 Lakhs to ₹9.3 Lakhs per year
2 years	₹7.6 Lakhs to ₹9.6 Lakhs per year
3 years	₹7.8 Lakhs to ₹10.0 Lakhs per year

and so on.

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L&T Finance Business Analyst Salaries in Mumbai

L&T Finance Business Analyst salary in Mumbai ranges between ₹5.2 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 L&T Finance latest salaries received from various employees of L&T Finance.