L&T Finance Divisional Manager Salaries by 7 Employees (Updated 2025)

1 - 16 years exp.

₹6.4 Lakhs - ₹15.7 Lakhs

Low Confidence

Salary of majority employees

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24% less than the average Divisional Manager Salary in NBFC Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Divisional Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	Unlock ₹14.5 L/yr - ₹17.8 L/yr
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Legal & Regulatory Divisional Manager Salary 1 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹7.1 L/yr - ₹12 L/yr

Last Updated: 29 Jun 2024

Companies similar to L&T Finance for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Divisional Manager Salary 3 - 19 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹5.8 L/yr 69% less
ICICI Bank Divisional Manager Salary 4 - 16 years exp. (3 salaries)	Unlock ₹7.2 L/yr - ₹24 L/yr 30% more
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Kotak Mahindra Bank Divisional Manager Salary 6 - 21 years exp. (3 salaries)	Unlock ₹6.2 L/yr - ₹23 L/yr 17% more
Mahindra Finance Divisional Manager Salary 9 - 23 years exp. (206 salaries)	Unlock ₹8.4 L/yr - ₹31 L/yr 40% more	1 job opening
Shriram Finance Divisional Manager Salary 9 - 17 years exp. (26 salaries)	Unlock ₹3.3 L/yr - ₹8.5 L/yr 55% less
Bharat Financial Inclusion Divisional Manager Salary 0 - 17 years exp. (165 salaries)	Unlock ₹5.6 L/yr - ₹15.2 L/yr 30% less
IIFL Finance Divisional Manager Salary 5 - 11 years exp. (8 salaries)	Unlock ₹3.5 L/yr - ₹8.5 L/yr 60% less
Muthoot Fincorp Divisional Manager Salary 2 - 12 years exp. (5 salaries)	Unlock ₹3.6 L/yr - ₹8.7 L/yr 62% less
Satin Creditcare Network Divisional Manager Salary 8 - 10 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹6.1 L/yr 57% less

Divisional Manager salary at L&T Finance ranges between ₹6.4 Lakhs to ₹15.7 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 7 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Divisional Manager salaries

Last Updated: 29 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹7.1 L/yr - ₹20.8 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹10.5 L/yr - ₹13.5 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹10.7 L/yr - ₹13.7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹9.3 L/yr - ₹21.7 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹6.4 L/yr - ₹22 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹11.1 L/yr - ₹14.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹11.3 L/yr - ₹14.4 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹8.6 L/yr - ₹22.9 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹11.6 L/yr - ₹14.8 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹11.7 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹11.9 L/yr - ₹15.2 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹12.1 L/yr - ₹15.4 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹12.2 L/yr - ₹15.6 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹14.5 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹15.7 L/yr

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Salary related reviews for L&T Finance

2.7

Rated by 3 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

Business Manager in Bangalore / Bengaluru

Full Time

Sales & Service Department

2.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

Ok ok , some of the bosses were good and company has good salary package structure against its competition

Dislikes

Targets get too much demanding in short period of time.Proper training should be given by trainer in hotels to relax the employees. HR activities should be increased

Salary - Bad

+6 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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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L&T Finance Divisional Manager Salary FAQs

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

Divisional Manager salary at L&T Finance in India ranges between ₹6.4 Lakhs to ₹15.7 Lakhs for experience between 1 years to 16 years. According to our estimates it is 24% less than the average Divisional Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of L&T Finance India.

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

The average salary of a Divisional Manager at L&T Finance is 24% less than the average salary of a Divisional Manager in India. To know exact salary insights, login to view.

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

Mahindra Finance Divisional Manager Salary - ₹8.4 Lakhs to ₹31.0 Lakhs per year
ICICI Bank Divisional Manager Salary - ₹7.2 Lakhs to ₹24.0 Lakhs per year
Kotak Mahindra Bank Divisional Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year

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

Bharat Financial Inclusion Divisional Manager Salary - ₹5.6 Lakhs to ₹15.2 Lakhs per year
Shriram Finance Divisional Manager Salary - ₹3.3 Lakhs to ₹8.5 Lakhs per year
Satin Creditcare Network Divisional Manager Salary - ₹5.5 Lakhs to ₹6.1 Lakhs per year
IIFL Finance Divisional Manager Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
Muthoot Fincorp Divisional Manager Salary - ₹3.6 Lakhs to ₹8.7 Lakhs per year

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

The estimated take-home salary of a Divisional Manager at L&T Finance ranges between ₹92,632 per month to ₹95,115 per month in India. The take-home salary calculation is based on the average L&T Finance Divisional Manager salary in India which ranges between ₹6.4 Lakhs to ₹15.7 Lakhs per year for employees with experience between 1 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the L&T Finance Divisional Managers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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L&T Finance Divisional Manager Salaries

L&T Finance Divisional Manager salary in India ranges between ₹6.4 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 L&T Finance latest salaries received from various employees of L&T Finance.