L&T Finance Mumbai Head Credit Salaries by 4 Employees (Updated 2025)

14 - 27 years exp.

₹56.2 Lakhs - ₹70 Lakhs

Salary of majority employees

5% more than the average Head Credit Salary in NBFC Companies for 14 - 27 years of experience

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Salaries in different departments

BFSI, Investments & Trading Head Credit Salary 14 years exp. (AmbitionBox Estimate)	₹61.8 L/yr - ₹68.3 L/yr
Finance & Accounting Head Credit Salary 14 years exp. (AmbitionBox Estimate)	₹53.3 L/yr - ₹59 L/yr
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Risk Management & Compliance Head Credit Salary 27 years exp. (AmbitionBox Estimate)	₹66.5 L/yr - ₹73.5 L/yr

Last Updated: 7 Mar 2025

Companies similar to L&T Finance for Head Credit in Mumbai

L&T Finance Head Credit Salary

14 - 27 years exp. (4 salaries)

₹56.2 L/yr - ₹70 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Head Credit Salary 17 - 21 years exp. (3 salaries)	₹85 L/yr - ₹99 L/yr 45% more
Ugro Capital Head Credit Salary 14 - 17 years exp. (4 salaries)	₹40 L/yr - ₹66.5 L/yr 16% less
Login to view exact salary
Vjvr Advisory & Consultancy Head Credit Salary 1 - 3 years exp. (3 salaries)	₹3.8 L/yr - ₹4.2 L/yr 94% less
Bajaj Housing Finance Head Credit Salary 15 - 17 years exp. (3 salaries)	₹32 L/yr - ₹45 L/yr 36% less

Head Credit salary at L&T Finance ranges between ₹56.2 Lakhs to ₹70 Lakhs per year for employees with experience between 14 years to 27 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Head Credit salaries in Mumbai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹57.5 L/yr - ₹63.6 L/yr
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15+ years (AmbitionBox Estimate)	₹64.1 L/yr - ₹70.9 L/yr

Similar Designation salaries in L&T Finance

Area Credit Manager Salary

(32 salaries)

₹8 L/yr - ₹20 L/yr

Officer Salary

(22 salaries)

₹1.2 L/yr - ₹3.6 L/yr

Credit Manager Salary

(19 salaries)

₹6 L/yr - ₹12.65 L/yr

Credit Officer Salary

(13 salaries)

₹2.15 L/yr - ₹3.75 L/yr

Sales Officer Salary

(13 salaries)

₹1.45 L/yr - ₹2.9 L/yr

Senior Associate Salary

(4 salaries)

₹1.95 L/yr - ₹6.7 L/yr

Credit Executive Salary

(3 salaries)

₹3.2 L/yr - ₹3.5 L/yr

Salary related reviews for L&T Finance

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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2w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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L&T Finance Head Credit Salary FAQs

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

Head Credit salary at L&T Finance in Mumbai ranges between ₹56.2 Lakhs to ₹70.0 Lakhs for experience between 14 years to 27 years. According to our estimates it is 5% more than the average Head Credit Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance Mumbai.

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

The average salary of a Head Credit at L&T Finance is 5% more than the average salary of a Head Credit in Mumbai. To know exact salary insights, login to view.

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

ICICI Bank Head Credit Salary - ₹85.0 Lakhs to ₹99.0 Lakhs per year

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

Ugro Capital Head Credit Salary - ₹40.0 Lakhs to ₹66.5 Lakhs per year
Bajaj Housing Finance Head Credit Salary - ₹32.0 Lakhs to ₹45.0 Lakhs per year
Vjvr Advisory & Consultancy Head Credit Salary - ₹3.8 Lakhs to ₹4.2 Lakhs per year

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

The estimated take-home salary of a Head Credit at L&T Finance ranges between ₹3,55,457 per month to ₹3,67,842 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Head Credit salary in India which ranges between ₹56.2 Lakhs to ₹70.0 Lakhs per year for employees with experience between 14 years to 27 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the L&T Finance Head Credits in Mumbai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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L&T Finance Head Credit Salaries in Mumbai

L&T Finance Head Credit salary in Mumbai ranges between ₹56.2 Lakhs to ₹70 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.