L&T Finance Mumbai Business Manager Salaries by 20+ Employees (Updated 2025)

2 - 9 years exp.

₹4.2 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Business Manager Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 2 - 8 years exp. (9 salaries)	₹4.2 L/yr - ₹7.5 L/yr
Finance & Accounting Business Manager Salary 5 - 9 years exp. (6 salaries)	₹5.6 L/yr - ₹8.2 L/yr
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BFSI, Investments & Trading Business Manager Salary 2 - 3 years exp. (3 salaries)	₹5 L/yr - ₹7.1 L/yr
Marketing & Communication Business Manager Salary 2 - 6 years exp. (3 salaries)	₹5 L/yr - ₹8.5 L/yr
Customer Success, Service & Operations Business Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.6 L/yr

Last Updated: 5 Jan 2025

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

L&T Finance Business Manager Salary

2 - 9 years exp. (25 salaries)

₹4.2 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Business Manager Salary 6 - 11 years exp. (9 salaries)	₹3.4 L/yr - ₹7 L/yr 4% less	2 job openings
IIFL Finance Business Manager Salary 1 - 4 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 3% more
Login to view exact salary
SMFG India Credit Business Manager Salary 1 - 3 years exp. (3 salaries)	₹12.5 L/yr - ₹26.2 L/yr 245% more
Performics Business Manager Salary 2 - 7 years exp. (52 salaries)	₹6.6 L/yr - ₹13 L/yr 56% more
LivSpace Business Manager Salary 2 - 10 years exp. (50 salaries)	₹6 L/yr - ₹16 L/yr 60% more	10 job openings

Business Manager salary at L&T Finance ranges between ₹4.2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 25 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Business Manager in Mumbai

3mo ago

₹6 Lakhs

5 years exp.

6mo ago

₹8.2 Lakhs

9 years exp.

6mo ago

₹6.5 Lakhs

2 years exp.

9mo ago

₹6.6 Lakhs

7 years exp.

10mo ago

₹8.2 Lakhs

8 years exp.

10mo ago

2 years exp.

1y ago

3 years exp.

1y ago

8 years exp.

1y ago

7 years exp.

1y ago

5 years exp.

Experience wise L&T Finance Business Manager salaries in Mumbai

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
2 years (7 salaries)	₹4.8 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
5 years (3 salaries)	₹5 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
7 years (6 salaries)	₹5.6 L/yr - ₹7.5 L/yr
8 years (3 salaries)	₹4.2 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in L&T Finance

Sales Manager Salary

(13 salaries)

₹3 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

(12 salaries)

₹6.64 L/yr - ₹15.8 L/yr

Area Manager Salary

(5 salaries)

₹4.9 L/yr - ₹9.3 L/yr

Marketing Manager Salary

(4 salaries)

₹7.1 L/yr - ₹12.5 L/yr

Regional Manager Salary

(4 salaries)

₹10.2 L/yr - ₹17 L/yr

Top skills at L&T Finance for Business Manager

Business Management Relationship Management Customer Satisfaction Business Development Customer Service Salesforce Key Account Management Digital Marketing Market Analysis Leadership SAP Sales and Distribution Customer Relationship Team Management CRM Offer Negotiation

Salary related reviews for L&T Finance

4.9

Rated by 11 employees for salary & benefits

Business Manager in Bangalore / Bengaluru

Full Time

Sales & Service Department

2.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

Ok ok , some of the bosses were good and company has good salary package structure against its competition

Dislikes

Targets get too much demanding in short period of time.Proper training should be given by trainer in hotels to relax the employees. HR activities should be increased

Salary - Bad

+6 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

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T Finance Business Manager Salary FAQs

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

The average salary of a Business Manager at L&T Finance in Mumbai typically ranges from ₹4.2 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Business Manager in Mumbai at L&T Finance earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Business Manager 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 20+ L&T Finance employees in India.

What is the estimated take home salary of a Business Manager at L&T Finance in Mumbai?

The estimated take-home salary of a Business Manager at L&T Finance in Mumbai typically ranges from ₹47,678 to ₹48,806 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 2 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 20+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Manager at L&T Finance in Mumbai?

To be a Business Manager at L&T Finance in Mumbai, the key skills required include:

- Business Management
- Relationship Management
- Customer Satisfaction
- Business Development
- Customer Service

These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than L&T Finance for Business Manager in India?

SMFG India Credit	₹12.5 Lakhs to ₹26.2 Lakhs per year
LivSpace	₹6.0 Lakhs to ₹16.0 Lakhs per year
Performics	₹6.6 Lakhs to ₹13.0 Lakhs per year
IIFL Finance	₹5.5 Lakhs to ₹7.0 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 Business Manager in companies similar to L&T Finance in Mumbai?

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

Aavas Financiers

₹3.4 Lakhs to ₹7.0 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 Manager at L&T Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹4.8 Lakhs to ₹6.5 Lakhs per year
3 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
5 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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L&T Finance Business Manager Salaries in Mumbai

L&T Finance Business Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance Business Manager salaries in Mumbai (Updated 2025)

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

Latest annual salaries shared by L&T Finance Business Manager in Mumbai

Experience wise L&T Finance Business Manager salaries in Mumbai

Similar Designation salaries in L&T Finance

Top skills at L&T Finance for Business Manager

Salary related reviews for L&T Finance

Business Manager in Bangalore / Bengaluru

Sales Executive in Chandigarh

Branch Manager in Hanwada

Branch Manager in Madhubani

Branch Manager in Kochi

L&T Finance Business Manager Salary FAQs

Tell us how to improve this page.