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L&T Finance Credit Manager salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹3.6 Lakhs - ₹14 Lakhs
Salary of majority employees
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At par with the average Credit Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 - 10 years exp. (33 salaries)
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₹4.4 L/yr - ₹13 L/yr

Finance & Accounting
Credit Manager Salary
1 - 10 years exp. (29 salaries)
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₹3 L/yr - ₹12.1 L/yr

Risk Management & Compliance
Credit Manager Salary
4 - 10 years exp. (12 salaries)
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₹4.8 L/yr - ₹13.1 L/yr

Last Updated: 17 Mar 2025

Companies similar to L&T Finance for Credit Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (2.7k salaries)

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₹3.5 L/yr - ₹14.3 L/yr

arrow icon 6% more
7 job openings
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.2k salaries)

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₹4.3 L/yr - ₹18 L/yr

arrow icon 24% more
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Axis Bank Credit Manager Salary

0 - 12 years exp. (822 salaries)

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₹4 L/yr - ₹14.8 L/yr

arrow icon 8% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (1k salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 12% more
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Bajaj Finance Credit Manager Salary

1 - 9 years exp. (395 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 25% less
4 job openings
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Tata Capital Credit Manager Salary

0 - 11 years exp. (448 salaries)

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₹3.7 L/yr - ₹12.5 L/yr

arrow icon 1% less
6 job openings
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Mahindra Finance Credit Manager Salary

1 - 14 years exp. (110 salaries)

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₹2.3 L/yr - ₹12.7 L/yr

arrow icon 12% less
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Aditya Birla Finance Credit Manager Salary

0 - 10 years exp. (318 salaries)

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₹4 L/yr - ₹11.3 L/yr

arrow icon 11% less
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Yes Bank Credit Manager Salary

0 - 12 years exp. (416 salaries)

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₹4.2 L/yr - ₹14.3 L/yr

arrow icon 10% more
1 job opening
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (822 salaries)

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₹3 L/yr - ₹13.5 L/yr

arrow icon 4% less
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HDB Financial Services Credit Manager Salary

0 - 12 years exp. (474 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 43% less
1 job opening
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SMFG India Credit Credit Manager Salary

0 - 13 years exp. (342 salaries)

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₹2.4 L/yr - ₹10.9 L/yr

arrow icon 18% less
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Aavas Financiers Credit Manager Salary

1 - 10 years exp. (272 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 27% less
4 job openings
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₹4 L/yr - ₹13.3 L/yr

At par
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IIFL Finance Credit Manager Salary

0 - 10 years exp. (179 salaries)

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₹2.3 L/yr - ₹10.1 L/yr

arrow icon 28% less
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Aditya Birla Capital Credit Manager Salary

3 - 10 years exp. (200 salaries)

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₹4 L/yr - ₹10.4 L/yr

arrow icon 6% less
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Poonawalla Fincorp Credit Manager Salary

0 - 10 years exp. (150 salaries)

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₹4.2 L/yr - ₹11.3 L/yr

arrow icon 13% less
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Shriram Finance Credit Manager Salary

0 - 12 years exp. (139 salaries)

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₹1.8 L/yr - ₹10.4 L/yr

arrow icon 32% less
2 job openings
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Kotak Mahindra Prime Credit Manager Salary

1 - 9 years exp. (121 salaries)

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₹3.9 L/yr - ₹12 L/yr

arrow icon 1% more
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PNB Housing Finance Credit Manager Salary

0 - 13 years exp. (95 salaries)

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₹4.9 L/yr - ₹12.1 L/yr

arrow icon 10% more
View all
Credit Manager salary at L&T Finance ranges between ₹3.6 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 90 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Credit Manager

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Experience wise L&T Finance Credit Manager salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹7 L/yr - ₹9 L/yr
2 years  (7 salaries)

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₹4.6 L/yr - ₹11 L/yr
3 years  (11 salaries)

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₹4.5 L/yr - ₹11 L/yr
4 years  (5 salaries)

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₹5.3 L/yr - ₹10 L/yr
5 years  (13 salaries)

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₹3.2 L/yr - ₹10.3 L/yr
View all

Similar Designation salaries in L&T Finance

Credit Officer Salary
(48 salaries)
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₹1.5 L/yr - ₹4 L/yr
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₹6 L/yr - ₹20 L/yr
Branch Manager Salary
(217 salaries)
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₹2.4 L/yr - ₹6.34 L/yr
Deputy Manager Salary
(6 salaries)
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₹7 L/yr - ₹9 L/yr
Chief Manager Salary
(85 salaries)
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₹19.75 L/yr - ₹52 L/yr
Credit Analyst Salary
(6 salaries)
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₹2.7 L/yr - ₹3.95 L/yr
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₹33 L/yr - ₹46 L/yr
Sales Manager Salary
(82 salaries)
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₹3 L/yr - ₹12.1 L/yr
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₹3.5 L/yr - ₹5.1 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr

Top skills at L&T Finance for Credit Manager

Financial Statements Credit Appraisal Credit Policy Credit Analysis Credit Management Relationship Management Compliance Medical Underwriting Credit Underwriting Credit Underwriting Credit Risk Modelling Debt Recovery Risk Assessment SME Finance Credit Management

Salary related reviews for L&T Finance

4.1

Rated by 12 employees for salary & benefits

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

read more

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.

read more
  • Job security - Bad
  • +4 more

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.

read more
  • Salary - Bad
  • +6 more

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

read more
  • 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.

read more
  • Job security - Poor
  • +1 more

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

read more
  • 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.

read more
  • Job security - Bad
  • +1 more
see more salary related reviews

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L&T Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at L&T Finance ?
The average salary of a Credit Manager at L&T Finance in India typically ranges from ₹3.6 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Credit Manager at L&T Finance earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹13.6 Lakhs per year. Credit 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 90+ L&T Finance employees in India.
What is the estimated take home salary of a Credit Manager at L&T Finance in India?
The estimated take-home salary of a Credit Manager at L&T Finance in India typically ranges from ₹59,589 to ₹61,094 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 90+ 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 Credit Manager at L&T Finance ?
To be a Credit Manager at L&T Finance in india, the key skills required include:

  • - Financial Statements
  • - Credit Appraisal
  • - Credit Policy
  • - Credit Analysis
  • - Credit Management

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 Credit Manager in India?
ICICI Bank ₹4.3 Lakhs to ₹18.0 Lakhs per year
Kotak Mahindra Bank ₹3.8 Lakhs to ₹15.0 Lakhs per year
Sundaram Finance ₹4.8 Lakhs to ₹15.0 Lakhs per year
Yes Bank ₹4.2 Lakhs to ₹14.3 Lakhs per year
PNB Housing Finance ₹4.9 Lakhs to ₹12.1 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 Credit Manager in companies similar to L&T Finance in India?
The salary of a Credit Manager at companies similar to L&T Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹4.0 Lakhs to ₹14.8 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹14.3 Lakhs per year
Kotak Mahindra Prime ₹3.9 Lakhs to ₹12.0 Lakhs per year
Tata Capital Housing Finance ₹4.0 Lakhs to ₹13.3 Lakhs per year
Tata Capital ₹3.7 Lakhs to ₹12.5 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 Credit Manager at L&T Finance in India?
The salary growth for a Credit Manager at L&T Finance depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at L&T Finance:

Experience Average Salary Range
1 year ₹7.0 Lakhs to ₹9.0 Lakhs per year
2 years ₹4.6 Lakhs to ₹11.0 Lakhs per year
3 years ₹4.5 Lakhs to ₹11.0 Lakhs per year
4 years ₹5.3 Lakhs to ₹10.0 Lakhs per year
and so on.

Tell us how to improve this page.

L&T Finance Credit Manager salary in India ranges between ₹3.6 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 90 L&T Finance latest salaries received from various employees of L&T Finance.