L&T Finance Credit Risk Manager Salaries by 10+ Employees

1 - 7 years exp.

₹6.3 Lakhs - ₹12.3 Lakhs

Salary of majority employees

36% less than the average Credit Risk Manager Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting Credit Risk Manager Salary 1 - 5 years exp. (5 salaries)	₹6.3 L/yr - ₹12.3 L/yr
Data Science & Analytics Credit Risk Manager Salary 2 - 4 years exp. (3 salaries)	₹7.4 L/yr - ₹8.5 L/yr
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Risk Management & Compliance Credit Risk Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.1 L/yr

Last Updated: 23 Jun 2023

Companies similar to L&T Finance for Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Credit Risk Manager Salary 1 - 9 years exp. (7 salaries)	₹6.5 L/yr - ₹9.5 L/yr 11% less
Kotak Mahindra Prime Credit Risk Manager Salary 4 - 10 years exp. (4 salaries)	₹10 L/yr - ₹14.6 L/yr 33% more
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PNB Housing Finance Credit Risk Manager Salary 3 - 9 years exp. (4 salaries)	₹6.9 L/yr - ₹10.6 L/yr 7% more
Muthoot Microfin Credit Risk Manager Salary 0 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 53% less
Aavas Financiers Credit Risk Manager Salary 0 - 12 years exp. (3 salaries)	₹5 L/yr - ₹6.4 L/yr 32% less
Sammaan Capital Limited Credit Risk Manager Salary 2 - 6 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 21% less

Credit Risk Manager salary at L&T Finance ranges between ₹6.3 Lakhs to ₹12.3 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 12 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Credit Risk Manager salaries

Last Updated: 23 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8.3 L/yr - ₹15.8 L/yr
2 years (3 salaries)	₹7.4 L/yr - ₹15.7 L/yr
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3 years (3 salaries)	₹7.4 L/yr - ₹12.3 L/yr
4 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹12.3 L/yr
5 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹15.3 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.2 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.1 L/yr

View all

Similar Designation salaries in L&T Finance

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(90 salaries)

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Credit Relationship Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Area Credit Manager Salary

(135 salaries)

₹6 L/yr - ₹20 L/yr

Deputy Manager Salary

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₹7 L/yr - ₹9 L/yr

Chief Manager Salary

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₹19.75 L/yr - ₹52 L/yr

Credit Officer Salary

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Branch Manager Salary

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Credit Underwriter Salary

(5 salaries)

₹3.4 L/yr - ₹8 L/yr

Relationship Manager Salary

(65 salaries)

₹2.4 L/yr - ₹10.74 L/yr

Credit Analyst Salary

(6 salaries)

₹2.7 L/yr - ₹3.95 L/yr

Salary related reviews for L&T Finance

1.0

Rated by 1 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

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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L&T Finance Credit Risk Manager Salary FAQs

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

The average salary of a Credit Risk Manager at L&T Finance in India typically ranges from ₹6.3 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Credit Risk Manager at L&T Finance earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. Credit Risk 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 10+ L&T Finance employees in India.

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

The estimated take-home salary of a Credit Risk Manager at L&T Finance in India typically ranges from ₹62,811 to ₹64,408 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 1 year 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.

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

Kotak Mahindra Prime	₹10.0 Lakhs to ₹14.6 Lakhs per year
PNB Housing Finance	₹6.9 Lakhs to ₹10.6 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 Risk Manager in companies similar to L&T Finance in India?

The salary of a Credit Risk 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:

SMFG India Credit	₹6.5 Lakhs to ₹9.5 Lakhs per year
Sammaan Capital Limited	₹4.8 Lakhs to ₹9.0 Lakhs per year
Aavas Financiers	₹5.0 Lakhs to ₹6.4 Lakhs per year
Muthoot Microfin	₹3.6 Lakhs to ₹4.6 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 Risk Manager at L&T Finance in India?

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

Experience	Average Salary Range
1 year	₹8.3 Lakhs to ₹15.8 Lakhs per year
2 years	₹7.4 Lakhs to ₹15.7 Lakhs per year
3 years	₹7.4 Lakhs to ₹12.3 Lakhs per year
4 years	₹8.2 Lakhs to ₹12.3 Lakhs per year

and so on.

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L&T Finance Credit Risk Manager Salaries

L&T Finance Credit Risk Manager salary in India ranges between ₹6.3 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 L&T Finance latest salaries received from various employees of L&T Finance.