L&T Finance Mumbai Credit Risk Manager Salaries by 8 Employees (Updated 2025)

2 - 4 years exp.

₹7.4 Lakhs - ₹12.3 Lakhs

Salary of majority employees

30% less than the average Credit Risk Manager Salary in NBFC Companies for 2 - 4 years of experience

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Salaries in different departments

Data Science & Analytics Credit Risk Manager Salary 2 - 4 years exp. (3 salaries)	₹7.4 L/yr - ₹8.8 L/yr
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Finance & Accounting Credit Risk Manager Salary 2 - 3 years exp. (3 salaries)	₹8.3 L/yr - ₹12.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to L&T Finance for Credit Risk Manager in Mumbai

L&T Finance Credit Risk Manager Salary

2 - 4 years exp. (8 salaries)

₹7.4 L/yr - ₹12.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Risk Manager Salary 1 - 8 years exp. (20 salaries)	₹6 L/yr - ₹20 L/yr 59% more
ICICI Bank Credit Risk Manager Salary 0 - 6 years exp. (29 salaries)	₹8 L/yr - ₹25 L/yr 82% more
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Kotak Mahindra Bank Credit Risk Manager Salary 1 - 7 years exp. (14 salaries)	₹5.2 L/yr - ₹14 L/yr 1% more
Axis Bank Credit Risk Manager Salary 3 - 11 years exp. (7 salaries)	₹10 L/yr - ₹21 L/yr 54% more
SMFG India Credit Credit Risk Manager Salary 1 - 9 years exp. (7 salaries)	₹6.5 L/yr - ₹9.5 L/yr 8% less

Credit Risk Manager salary at L&T Finance ranges between ₹7.4 Lakhs to ₹12.3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 8 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Credit Risk Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹7.4 L/yr - ₹16.4 L/yr
3 years (3 salaries)	₹7.4 L/yr - ₹12.3 L/yr
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4 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹12.3 L/yr

Similar Designation salaries in L&T Finance

Chief Manager Salary

(79 salaries)

₹19.75 L/yr - ₹52 L/yr

Area Credit Manager Salary

(31 salaries)

₹8 L/yr - ₹20 L/yr

Credit Manager Salary

(19 salaries)

₹6 L/yr - ₹12.65 L/yr

Credit Officer Salary

(14 salaries)

₹2.15 L/yr - ₹3.75 L/yr

Relationship Manager Salary

(12 salaries)

₹3 L/yr - ₹11 L/yr

Salary related reviews for L&T Finance

1.0

Rated by 1 employees for salary & benefits

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

Branch Manager in Mysuru / Mysore

Branch maneger Department

5.0

• posted on 28 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling company

Salary - Good

+5 more

Dislikes

There is a lot of plolitices and the management doesn't address our issues salary is decent but career grouth is slow there is a beautiful ND of 5 years before which 4th of cannot resign on the job

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What people are saying about L&T Finance

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amangupta9965

works at

Tussle Digital Pvt Ltd

IT Quarterly Awards - Q2 FY'24

I am thrilled to share that I have received an certificate of appreciation for Q2 FY'24, a true honor for my hard work and dedication. I want to express my sincere gratitude to L&T Finance Team for their support, guidance, and collaboration, which played a significant role in achieving this milestone.

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L&T Finance Credit Risk Manager Salary FAQs

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

Credit Risk Manager salary at L&T Finance in Mumbai ranges between ₹7.4 Lakhs to ₹12.3 Lakhs for experience between 2 years to 4 years. According to our estimates it is 30% less than the average Credit Risk Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of L&T Finance Mumbai.

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

The average salary of a Credit Risk Manager at L&T Finance is 30% less than the average salary of a Credit Risk Manager in Mumbai. To know exact salary insights, login to view.

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

ICICI Bank Credit Risk Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
HDFC Bank Credit Risk Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Axis Bank Credit Risk Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Kotak Mahindra Bank Credit Risk Manager Salary - ₹5.2 Lakhs to ₹14.0 Lakhs per year

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

SMFG India Credit Credit Risk Manager Salary - ₹6.5 Lakhs to ₹9.5 Lakhs per year

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

The estimated take-home salary of a Credit Risk Manager at L&T Finance ranges between ₹65,270 per month to ₹66,936 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Credit Risk Manager salary in India which ranges between ₹7.4 Lakhs to ₹12.3 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Credit Risk Manager at L&T Finance in Mumbai?

According to AmbitionBox, 100% of the L&T Finance Credit Risk Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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L&T Finance Credit Risk Manager Salaries in Mumbai

L&T Finance Credit Risk Manager salary in Mumbai ranges between ₹7.4 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 L&T Finance latest salaries received from various employees of L&T Finance.