L&T Finance Mumbai Chief Manager Salaries by 80+ Employees (Updated 2025)

8 - 17 years exp.

₹19.8 Lakhs - ₹52 Lakhs

Salary of majority employees

Fixed (81%)

₹30.4 Lakhs

Variable (19%)

₹7.1 Lakhs

70% more than the average Chief Manager Salary in NBFC Companies for 8 - 17 years of experience

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Salaries in different departments

Finance & Accounting Chief Manager Salary 8 - 17 years exp. (19 salaries)	₹22 L/yr - ₹50 L/yr
Project & Program Management Chief Manager Salary 11 - 17 years exp. (12 salaries)	₹19.8 L/yr - ₹41 L/yr
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BFSI, Investments & Trading Chief Manager Salary 8 - 14 years exp. (11 salaries)	₹26 L/yr - ₹52 L/yr
Strategic & Top Management Chief Manager Salary 8 - 16 years exp. (5 salaries)	₹20 L/yr - ₹36.3 L/yr
Human Resources Chief Manager Salary 14 - 17 years exp. (4 salaries)	₹37.6 L/yr - ₹51 L/yr

View all

Last Updated: 24 Mar 2025

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

L&T Finance Chief Manager Salary

8 - 17 years exp. (80 salaries)

₹19.8 L/yr - ₹52 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Chief Manager Salary 2 - 19 years exp. (35 salaries)	₹15 L/yr - ₹30 L/yr 38% less
Capri Global Capital Chief Manager Salary 7 - 14 years exp. (10 salaries)	₹19 L/yr - ₹30 L/yr 41% less
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Sammaan Capital Limited Chief Manager Salary 3 - 11 years exp. (9 salaries)	₹9 L/yr - ₹19 L/yr 60% less
Kotak Mahindra Prime Chief Manager Salary 6 - 18 years exp. (6 salaries)	₹11 L/yr - ₹16 L/yr 61% less
Ugro Capital Chief Manager Salary 5 - 11 years exp. (5 salaries)	₹11.5 L/yr - ₹20 L/yr 62% less
Poonawalla Fincorp Chief Manager Salary 5 - 14 years exp. (5 salaries)	₹20 L/yr - ₹23.2 L/yr 41% less
Mahindra Rural Housing Finance Chief Manager Salary 5 - 12 years exp. (4 salaries)	₹20 L/yr - ₹25 L/yr 42% less
TVS Credit Chief Manager Salary 9 - 10 years exp. (3 salaries)	₹24.1 L/yr - ₹34.6 L/yr 18% less	1 job opening

Chief Manager salary at L&T Finance ranges between ₹19.8 Lakhs to ₹52 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 80 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Chief Manager salaries in Mumbai

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
8 years (7 salaries)	₹20 L/yr - ₹41 L/yr
9 years (6 salaries)	₹24 L/yr - ₹45.5 L/yr
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10 years (10 salaries)	₹26 L/yr - ₹40 L/yr
11 years (12 salaries)	₹25 L/yr - ₹48.6 L/yr
12 years (7 salaries)	₹26 L/yr - ₹38.7 L/yr
13 years (10 salaries)	₹19.8 L/yr - ₹52 L/yr
14 years (9 salaries)	₹26 L/yr - ₹52 L/yr
15+ years (19 salaries)	₹21 L/yr - ₹51 L/yr

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Similar Designation salaries in L&T Finance

Credit Manager Salary

(20 salaries)

₹6 L/yr - ₹14 L/yr

Sales Manager Salary

(14 salaries)

₹3 L/yr - ₹10.5 L/yr

Sales Officer Salary

(14 salaries)

₹1.45 L/yr - ₹3.5 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

Salary related reviews for L&T Finance

3.8

Rated by 6 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

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

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

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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 Chief Manager Salary FAQs

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

The average salary of a Chief Manager at L&T Finance in Mumbai typically ranges from ₹19.8 Lakhs to ₹52.0 Lakhs per year, depending on experience (from 8 years to 17 years).

The top 10% of Chief Manager in Mumbai at L&T Finance earn more than ₹46.6 Lakhs per year, and the top 1% earn over ₹52.0 Lakhs per year. Chief 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 80+ L&T Finance employees in India.

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

The estimated take-home salary of a Chief Manager at L&T Finance in Mumbai typically ranges from ₹2,25,048 to ₹2,34,086 per month. This is based on the average salary range of ₹19.8 Lakhs to ₹52.0 Lakhs per year for employees with experience ranging from 8 years to 17 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 80+ 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 Chief Manager in companies similar to L&T Finance in Mumbai?

The salary of a Chief 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:

TVS Credit	₹24.1 Lakhs to ₹34.6 Lakhs per year
Mahindra Finance	₹15.0 Lakhs to ₹30.0 Lakhs per year
Capri Global Capital	₹19.0 Lakhs to ₹30.0 Lakhs per year
Poonawalla Fincorp	₹20.0 Lakhs to ₹23.2 Lakhs per year
Mahindra Rural Housing Finance	₹20.0 Lakhs to ₹25.0 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 Chief Manager at L&T Finance in Mumbai?

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

Experience	Average Salary Range
8 years	₹20.0 Lakhs to ₹41.0 Lakhs per year
9 years	₹24.0 Lakhs to ₹45.5 Lakhs per year
10 years	₹26.0 Lakhs to ₹40.0 Lakhs per year
11 years	₹25.0 Lakhs to ₹48.6 Lakhs per year

and so on.

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L&T Finance Chief Manager Salaries in Mumbai

L&T Finance Chief Manager salary in Mumbai ranges between ₹19.8 Lakhs to ₹52 Lakhs with an average annual salary of ₹. Salary estimates are based on 80 L&T Finance latest salaries received from various employees of L&T Finance.