L&T Finance Mumbai Data Scientist Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹7.3 Lakhs - ₹12.5 Lakhs

Salary of majority employees

35% less than the average Data Scientist Salary in NBFC Companies for 1 - 5 years of experience

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Last Updated: 20 Feb 2025

Companies similar to L&T Finance for Data Scientist in Mumbai

L&T Finance Data Scientist Salary

1 - 5 years exp. (19 salaries)

₹7.3 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Data Scientist Salary 0 - 5 years exp. (11 salaries)	₹5.1 L/yr - ₹16.5 L/yr 14% more	1 job opening
Ugro Capital Data Scientist Salary 1 - 4 years exp. (11 salaries)	₹10.8 L/yr - ₹38.7 L/yr 162% more
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TCS Data Scientist Salary 1 - 13 years exp. (125 salaries)	₹6 L/yr - ₹21.5 L/yr 37% more
Accenture Data Scientist Salary 0 - 9 years exp. (74 salaries)	₹6.8 L/yr - ₹26 L/yr 63% more	5 job openings
HDFC Bank Data Scientist Salary 0 - 4 years exp. (61 salaries)	₹7.7 L/yr - ₹23.1 L/yr 97% more	4 job openings

Data Scientist salary at L&T Finance ranges between ₹7.3 Lakhs to ₹12.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 19 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Data Scientist salaries in Mumbai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹7.3 L/yr - ₹9 L/yr
2 years (3 salaries)	₹3.6 L/yr - ₹10.3 L/yr
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3 years (4 salaries)	₹8.2 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
5 years (3 salaries)	₹8 L/yr - ₹12.5 L/yr

Similar Designation salaries in L&T Finance

Business Analyst Salary

(15 salaries)

₹5.19 L/yr - ₹15 L/yr

Data Engineer Salary

(6 salaries)

₹6 L/yr - ₹14 L/yr

Senior Data Analyst Salary

(4 salaries)

₹12.2 L/yr - ₹17 L/yr

Analyst Salary

(4 salaries)

₹3 L/yr - ₹9 L/yr

Data Science Intern Salary

(3 salaries)

₹2.4 L/yr - ₹8 L/yr

Top skills at L&T Finance for Data Scientist

Analytics Data Analytics SAS Data Management Python Data Science SQL Statistics Risk Analytics

Salary related reviews for L&T Finance

2.4

Rated by 5 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

Assistant Manager in Coimbatore

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 23 Mar 2025

5.0

for Salary and Benefits

Likes

Salary and incentives are really good.If u work it's worth really.. promotion no issues

Salary - Excellent

+2 more

Dislikes

The big problem is incapablity peoples in big position like TM,RM,SRM they are not have the capability to be a BM

Skill development - Bad

+3 more

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

Senior Manager in Mumbai

Full Time

Human Resources Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

The work culture is dramatically different from before after the Leadership change. It’s all about work life balance and flexibility now.

Work-life balance - Good

Dislikes

While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.

Skill development - Poor

+4 more

Team Manager in Mumbai

Full Time

Human Resources Department

4.0

• posted on 26 Dec 2024

5.0

for Salary and Benefits

Likes

Best company for Initiating the career Best in Class Salary and Compensation structure Best Terminal Benefits I come across Ambitious culture which surely can accelerate your career

Salary - Excellent

+1 more

Dislikes

Things decided by Middle Managers. Focused on short term achievement than sustainable development. Focused only on their own role and it will result in poor implementation. Duplicate reports and change according to the stakeholders.

Promotions - Poor

see more salary related reviews

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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 Data Scientist Salary FAQs

What is the salary of Data Scientist at L&T Finance in Mumbai?

The average salary of a Data Scientist at L&T Finance in Mumbai typically ranges from ₹7.3 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Data Scientist in Mumbai at L&T Finance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Data Scientist 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 Data Scientist at L&T Finance in Mumbai?

The estimated take-home salary of a Data Scientist at L&T Finance in Mumbai typically ranges from ₹66,862 to ₹68,573 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 1 year to 5 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.

What are the key skills required to be a Data Scientist at L&T Finance in Mumbai?

To be a Data Scientist at L&T Finance in Mumbai, the key skills required include:

- Analytics
- Data Analytics
- SAS
- Data Management
- Python

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 Data Scientist in India?

Ugro Capital	₹10.8 Lakhs to ₹38.7 Lakhs per year
HDFC Bank	₹7.7 Lakhs to ₹23.1 Lakhs per year
Accenture	₹6.8 Lakhs to ₹26.0 Lakhs per year
TCS	₹6.0 Lakhs to ₹21.5 Lakhs per year
Mahindra Finance	₹5.1 Lakhs to ₹16.5 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.

How the salary growth look like for a Data Scientist at L&T Finance in Mumbai?

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

Experience	Average Salary Range
1 year	₹7.3 Lakhs to ₹9.0 Lakhs per year
2 years	₹3.6 Lakhs to ₹10.3 Lakhs per year
3 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
4 years	₹8.4 Lakhs to ₹10.7 Lakhs per year

and so on.

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L&T Finance Data Scientist Salaries in Mumbai

L&T Finance Data Scientist salary in Mumbai ranges between ₹7.3 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 L&T Finance latest salaries received from various employees of L&T Finance.