L&T Finance Cluster Risk Manager Salaries by 30+ Employees (Updated 2025)

6 - 10 years exp.

₹5.3 Lakhs - ₹9.6 Lakhs

Salary of majority employees

Fixed (86%)

₹6.5 Lakhs

Variable (14%)

₹1.1 Lakh

14% more than the average Cluster Risk Manager Salary in NBFC Companies for 6 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Risk Management & Compliance Cluster Risk Manager Salary 6 - 10 years exp. (19 salaries)	₹5.7 L/yr - ₹9.6 L/yr
Finance & Accounting Cluster Risk Manager Salary 6 - 10 years exp. (17 salaries)	₹5.3 L/yr - ₹8.5 L/yr
Login to view exact salary
Strategic & Top Management Cluster Risk Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.3 L/yr

Last Updated: 14 Feb 2025

Companies similar to L&T Finance for Cluster Risk Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Risk Manager Salary 5 - 12 years exp. (4 salaries)	₹16 L/yr - ₹21.1 L/yr 140% more
SMFG India Credit Cluster Risk Manager Salary 4 - 12 years exp. (9 salaries)	₹5 L/yr - ₹7.8 L/yr 26% less
Login to view exact salary
Satin Creditcare Network Cluster Risk Manager Salary 5 - 12 years exp. (7 salaries)	₹4.8 L/yr - ₹5.8 L/yr 29% less
Unity Small Finance Bank Cluster Risk Manager Salary 2 - 9 years exp. (12 salaries)	₹3.4 L/yr - ₹5.1 L/yr 46% less
Svatantra Microfin Cluster Risk Manager Salary 0 - 3 years exp. (6 salaries)	₹4 L/yr - ₹5.5 L/yr 36% less

Cluster Risk Manager salary at L&T Finance ranges between ₹5.3 Lakhs to ₹9.6 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 38 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Cluster Risk Manager salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
6 years (7 salaries)	₹5.3 L/yr - ₹8.8 L/yr
7 years (12 salaries)	₹5.8 L/yr - ₹8.8 L/yr
Login to view exact salary
8 years (11 salaries)	₹5.3 L/yr - ₹9.6 L/yr
9 years (5 salaries)	₹5.3 L/yr - ₹8 L/yr
10 years (3 salaries)	₹7 L/yr - ₹7.8 L/yr

Similar Designation salaries in L&T Finance

Audit Manager Salary

(4 salaries)

₹3.4 L/yr - ₹8.3 L/yr

Senior Audit Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Branch Manager Salary

(221 salaries)

₹2.4 L/yr - ₹6 L/yr

Deputy Manager Salary

(6 salaries)

₹7 L/yr - ₹9 L/yr

Finance Manager Salary

(21 salaries)

₹1.7 L/yr - ₹7 L/yr

Audit Assistant Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Internal Auditor Salary

(10 salaries)

₹2.8 L/yr - ₹6.5 L/yr

Chartered Accountant Salary

(4 salaries)

₹4 L/yr - ₹11 L/yr

Senior Associate Salary

(6 salaries)

₹1.95 L/yr - ₹10 L/yr

Senior Consultant Salary

(4 salaries)

₹5.6 L/yr - ₹18 L/yr

Salary related reviews for L&T Finance

4.7

Rated by 9 employees for salary & benefits

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

Got a question about L&T Finance?

Ask anonymously on communities.

L&T Finance Cluster Risk Manager Salary FAQs

What is the salary of Cluster Risk Manager at L&T Finance?

Cluster Risk Manager salary at L&T Finance in India ranges between ₹5.3 Lakhs to ₹9.6 Lakhs for experience between 6 years to 10 years. According to our estimates it is 14% more than the average Cluster Risk Manager Salary in India. Salary estimates are based on 38 latest salaries received from various employees of L&T Finance India.

How does the salary of a Cluster Risk Manager at L&T Finance India compare with the average salary range for this job?

The average salary of a Cluster Risk Manager at L&T Finance is 14% more than the average salary of a Cluster Risk Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than L&T Finance to a Cluster Risk Manager in India?

Bajaj Finance Cluster Risk Manager Salary - ₹16.0 Lakhs to ₹21.1 Lakhs per year

What is the salary of a Cluster Risk Manager in companies similar to L&T Finance in India?

SMFG India Credit Cluster Risk Manager Salary - ₹5.0 Lakhs to ₹7.8 Lakhs per year
Satin Creditcare Network Cluster Risk Manager Salary - ₹4.8 Lakhs to ₹5.8 Lakhs per year
Svatantra Microfin Cluster Risk Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
Unity Small Finance Bank Cluster Risk Manager Salary - ₹3.4 Lakhs to ₹5.1 Lakhs per year

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

The estimated take-home salary of a Cluster Risk Manager at L&T Finance ranges between ₹56,536 per month to ₹57,955 per month in India. The take-home salary calculation is based on the average L&T Finance Cluster Risk Manager salary in India which ranges between ₹5.3 Lakhs to ₹9.6 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Cluster Risk Manager at L&T Finance?

According to AmbitionBox, 90% of the L&T Finance Cluster Risk Managers reported a notice period of 3 Months, 6% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 49 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

L&T Finance Cluster Risk Manager Salaries by Location

Home >
Salaries >
L&T Finance Salaries >
L&T Finance Cluster Risk Manager Salaries

L&T Finance Cluster Risk Manager salary in India ranges between ₹5.3 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 L&T Finance latest salaries received from various employees of L&T Finance.