L&T Finance Mumbai Executive Accountant Salaries by 7 Employees (Updated 2025)

0 - 7 years exp.

₹2.1 Lakhs - ₹4.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Executive Accountant Salary in NBFC Companies for 0 - 7 years of experience

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Last Updated: 2 Jan 2025

Companies similar to L&T Finance for Executive Accountant in Mumbai

L&T Finance Executive Accountant Salary

0 - 7 years exp. (7 salaries)

₹2.1 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Executive Accountant Salary 0 - 8 years exp. (19 salaries)	₹1.5 L/yr - ₹3.2 L/yr 18% less
Muthoot Finance Executive Accountant Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr 7% less
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SMFG India Credit Executive Accountant Salary 1 - 5 years exp. (15 salaries)	₹2.6 L/yr - ₹4.1 L/yr 15% more
Mahindra Rural Housing Finance Executive Accountant Salary 2 - 7 years exp. (13 salaries)	₹2.1 L/yr - ₹3.2 L/yr 14% less
Mahindra Finance Executive Accountant Salary 4 - 9 years exp. (13 salaries)	₹2.1 L/yr - ₹5.3 L/yr 34% more
IIFL Finance Executive Accountant Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹3.6 L/yr 3% less

Executive Accountant salary at L&T Finance ranges between ₹2.1 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 7 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Executive Accountant salaries in Mumbai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (3 salaries)	₹2.8 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

View all

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Salary related reviews for L&T Finance

Accounts Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Aug 2018

2.0

for Salary and Benefits

Likes

Good learning especially for Freshers. Some teams allow movement across various departments in the same vertical.

Dislikes

Salary is lower than industry standard. Appraisal process is opaque and one wouldn't know how the rating was done and why you got a particular rating.

Salary - Poor

+1 more

Finance Executive in Aurangabad

Other Department

5.0

• posted on 28 May 2021

5.0

for Salary and Benefits

Likes

...k my company because teammates are supportive and the manegement is transparent.compnay policies are very good,they give good salary hike and bonus every year..

Salary - Excellent

+6 more

Dislikes

There is bond of 2year before which tuu you can't resign ..on the job training is not given to new joinees

Branch Support Officer in Nagpur

Customer Success, Service & Operations Department

5.0

• posted on 09 Oct 2019

4.0

for Salary and Benefits

Likes

...curity good help for career growth good learning from senior but sorey to say i m not satisfied with my salary and appraisal

Salary - Good

+5 more

Dislikes

All thing good and excellent but sorey to say Salary and appraisal not satisfaction

Finance Executive in Rewa

Finance & Accounting Department

5.0

• posted on 03 Sep 2019

5.0

for Salary and Benefits

Likes

The company and its teammates are good,supportive and caring in nature.I learned a lot in last 2 years and its salary its not attractive but its incentive is huge, work environment is very satisfied.

Salary - Excellent

+5 more

Dislikes

I dislike in L&T finance that there is no job security and no new things learning.

Meeting Center Manager

Customer Success, Service & Operations Department

4.0

• posted on 26 Sep 2018

3.0

for Salary and Benefits

Likes

This company has adopted latest technology. I love the fact that I am a part of this team .

Skill development - Good

+3 more

Dislikes

Compensation is decent, but sometimes work imbalance is shown. Government Holidays are not recognize here as holiday. So I slightly disappointed with this policy.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T Finance Executive Accountant Salary FAQs

What is the salary of Executive Accountant at L&T Finance in Mumbai?

The average salary of a Executive Accountant at L&T Finance in Mumbai typically ranges from ₹2.1 Lakhs to ₹4.1 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Executive Accountant in Mumbai at L&T Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Executive Accountant 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 7 L&T Finance employees in India.

What is the estimated take home salary of a Executive Accountant at L&T Finance in Mumbai?

The estimated take-home salary of a Executive Accountant at L&T Finance in Mumbai typically ranges from ₹22,532 to ₹24,008 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from Fresher 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 7 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 Executive Accountant in India?

Mahindra Finance	₹2.1 Lakhs to ₹5.3 Lakhs per year
SMFG India Credit	₹2.6 Lakhs to ₹4.1 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 Executive Accountant in companies similar to L&T Finance in Mumbai?

The salary of a Executive Accountant at companies similar to L&T Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹2.4 Lakhs to ₹3.6 Lakhs per year
Muthoot Finance	₹2.5 Lakhs to ₹3.3 Lakhs per year
Mahindra Rural Housing Finance	₹2.1 Lakhs to ₹3.2 Lakhs per year
Shriram Finance	₹1.5 Lakhs to ₹3.2 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 Executive Accountant at L&T Finance in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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L&T Finance Executive Accountant Salaries in Mumbai

L&T Finance Executive Accountant salary in Mumbai ranges between ₹2.1 Lakhs to ₹4.1 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.