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L&T Finance HR Manager salaries in India (Updated 2025)

Annual salary range
5 - 13 years exp.
₹7 Lakhs - ₹15 Lakhs
Salary of majority employees
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At par with the average HR Manager Salary in NBFC Companies for 5 - 13 years of experience

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Last Updated: 10 Mar 2025

Companies similar to L&T Finance for HR Manager

Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank HR Manager Salary

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₹4.3 L/yr - ₹17 L/yr

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Axis Bank HR Manager Salary

4 - 13 years exp. (80 salaries)

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₹4.5 L/yr - ₹16.1 L/yr

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Tata Capital HR Manager Salary

7 - 11 years exp. (7 salaries)

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₹7.2 L/yr - ₹16.7 L/yr

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Mahindra Finance HR Manager Salary

2 - 15 years exp. (47 salaries)

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₹7 L/yr - ₹20 L/yr

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Aditya Birla Capital HR Manager Salary

1 - 4 years exp. (20 salaries)

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₹7.5 L/yr - ₹25 L/yr

arrow icon 51% more
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Shriram Finance HR Manager Salary

3 - 16 years exp. (11 salaries)

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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 53% less
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HDB Financial Services HR Manager Salary

6 - 14 years exp. (91 salaries)

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₹4 L/yr - ₹13 L/yr

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SMFG India Credit HR Manager Salary

6 - 13 years exp. (32 salaries)

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₹6 L/yr - ₹14.1 L/yr

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Aavas Financiers HR Manager Salary

3 - 11 years exp. (25 salaries)

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₹4.5 L/yr - ₹9.1 L/yr

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Bharat Financial Inclusion HR Manager Salary

5 - 12 years exp. (17 salaries)

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₹5.1 L/yr - ₹9.6 L/yr

arrow icon 29% less
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SK Finance Limited HR Manager Salary

5 - 10 years exp. (14 salaries)

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₹3.8 L/yr - ₹9 L/yr

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Poonawalla Fincorp HR Manager Salary

3 - 13 years exp. (14 salaries)

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₹5.3 L/yr - ₹17.5 L/yr

arrow icon 9% more
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TVS Credit HR Manager Salary

4 - 13 years exp. (12 salaries)

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₹8.2 L/yr - ₹15 L/yr

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Satin Creditcare Network HR Manager Salary

6 - 14 years exp. (11 salaries)

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₹5.8 L/yr - ₹8 L/yr

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IIFL Finance HR Manager Salary

7 - 10 years exp. (10 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 15% less
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Sammaan Capital Limited HR Manager Salary

5 - 11 years exp. (8 salaries)

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₹5 L/yr - ₹8.3 L/yr

arrow icon 40% less
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Muthoot Finance HR Manager Salary

2 - 11 years exp. (10 salaries)

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₹2.8 L/yr - ₹9 L/yr

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View all
HR Manager salary at L&T Finance ranges between ₹7 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 58 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance HR Manager

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Experience wise L&T Finance HR Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
5 years  (6 salaries)

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₹7 L/yr - ₹10.3 L/yr
6 years  (7 salaries)

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₹4 L/yr - ₹12.5 L/yr
7 years  (9 salaries)

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₹7.3 L/yr - ₹12.5 L/yr
8 years  (6 salaries)

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₹7 L/yr - ₹14 L/yr
9 years  (3 salaries)

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₹9 L/yr - ₹13.5 L/yr
View all

Similar Designation salaries in L&T Finance

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₹4.4 L/yr - ₹7.65 L/yr
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₹9.75 L/yr - ₹15.25 L/yr
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₹8.25 L/yr - ₹15.25 L/yr
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₹3 L/yr - ₹6 L/yr
Manager Hrbp Salary
(16 salaries)
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₹9.77 L/yr - ₹14.3 L/yr
HR Recruiter Salary
(15 salaries)
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₹1.8 L/yr - ₹7.3 L/yr
HR Executive Salary
(15 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
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₹9.78 L/yr - ₹15.65 L/yr
Business HR Salary
(7 salaries)
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₹10 L/yr - ₹14 L/yr
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₹1.05 L/yr - ₹4 L/yr
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Salary related reviews for L&T Finance

3.9

Rated by 5 employees for salary & benefits

Full Time

 · 

Human Resources Department

1.0
  •  posted on 06 Dec 2022

4.0
 for  Salary and Benefits

Likes

I like the compensation of the company

  • Salary - Good

Dislikes

There is no work life balance the chief executive of each departments rule the whole company there is no say of HR in this company , always adhoc work no proper planing they would request data even of sat & sun also on late nights. No respect for HR as business rule the company. HR is a punching bag for the business heads. There is an unfair comparison in the company with timing of frontline staff & support staff. The appraisal are perception based & not performance based. You are given promotion for the work you are expected to do if you are your boss favourite even if you have completed just 1 year in the organisation. Given back to back promotion to employees for doing the same work.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Human Resources Department

2.0
  •  posted on 12 Jul 2023

4.0
 for  Salary and Benefits

Likes

Compensation only

  • Salary - Good
  • +1 more

Dislikes

...planning inefficiencies, management shortcomings, and questionable HR practices. While the company offers attractive compensation, it comes at the cost of a poor employee experience and limited flexibility. Work-Life Balance and Work Pressure: One of the significant drawbacks of working at L&T Finance is the lack of a healthy work-life balance. Employees often find themselves overwhelmed with excessive work pressure, leading to high stress levels and burnout. The management's insistence on meeting unrealistic targets and deadlines adds to the burden and negatively impacts employee well-being. Inefficient Planning and Management: L&T Finance seems to lack proper planning and coordination at various levels. The management, comfortably situated in air-conditioned offices, often imposes unrealistic demands on the zonal teams. Zonal Heads, instead of focusing on strategic matters, are forced into micro-monitoring activities, neglecting their core responsibilities. This lack of effective planning trickles down to other departments, leading to confusion and inefficiency. HR as a Business Puppet: It is disappointing to note that the HR department at L&T Finance appears to function as a mere puppet of the business. This raises concerns about the department's ability to prioritize employee welfare and act as an advocate for their concerns. The Zonal Head of HR, who should ideally bridge the gap between employees and management, seems more inclined towards speaking the language of business rather than addressing employee grievances. Lack of Department Heads and Zonal Level Work: An alarming issue within L&T Finance department heads have no heads and their corresponding expertise. This absence creates a void in decision-making processes and undermines the efficiency of individual departments. Additionally, the lack of significant responsibilities at the zonal level raises questions about the company's organizational structure and its ability to effectively manage operations. Worst Travel Allowance Policy: L&T Finance's travel allowance policy is widely regarded as one of the worst aspects of working for the company. The insistence on physical branch visits, which may have made sense in the past, seems outdated in today's digital era. With various electronic modes of communication available, it is hard to justify the need for extensive travel, which often disrupts work-life balance and increases expenses. Compensation vs. Employee Treatment: While L&T Finance may offer competitive compensation packages, it comes at a cost. Employees often feel treated as mere instruments of the organization, where their well-being takes a back seat. The company's heavy reliance on compensation as a means of retaining employees diminishes the overall job satisfaction and loyalty of its workforce. Mandatory Notice Period: One final concern to highlight is the mandatory 90-day notice period for employees who wish to leave the company. This policy restricts an individual's professional freedom and forces them to stay even if they are dissatisfied with their job or the company. Such a practice undermines employee morale and hampers career progression opportunities. Conclusion: While L&T Finance may offer attractive compensation, it fails to provide a conducive work environment that promotes work-life balance, efficient management practices, and employee well-being. The organization's shortcomings in planning, management, and HR practices, coupled with the burdensome travel policy and inflexible notice period, make it an undesirable workplace for many. Prospective employees should carefully consider these factors before joining L&T Finance.

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  • Skill development - Bad
  • +4 more

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

read more
  • 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.

read more
  • Promotions - Poor

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.

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 26 Sep 2024

4.0
 for  Salary and Benefits

Likes

I am working in L&T last 4.6 years and I hope in good salary and appraisal time to time and future growth seen High.

read more
  • Salary - Good
  • +3 more

Dislikes

I am facing issue about life balance. Not spend time with family and more concerned about job timing. Job timing and Saturday, Sunday working are very concerned area.

read more
  • Company culture - Poor
  • +1 more
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L&T Finance HR Manager Salary FAQs

What is the salary of HR Manager at L&T Finance?
HR Manager salary at L&T Finance in India ranges between ₹7.0 Lakhs to ₹15.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 4% less than the average HR Manager Salary in India. Salary estimates are based on 58 latest salaries received from various employees of L&T Finance India.
How does the salary of a HR Manager at L&T Finance India compare with the average salary range for this job?
The average salary of a HR Manager at L&T Finance is 4% less than the average salary of a HR Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than L&T Finance to a HR Manager in India?
  • Aditya Birla Capital HR Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
  • ICICI Bank HR Manager Salary - ₹6.8 Lakhs to ₹25.5 Lakhs per year
  • Mahindra Finance HR Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
  • Poonawalla Fincorp HR Manager Salary - ₹5.3 Lakhs to ₹17.5 Lakhs per year
  • Tata Capital HR Manager Salary - ₹7.2 Lakhs to ₹16.7 Lakhs per year
What is the salary of a HR Manager in companies similar to L&T Finance in India?
  • Capri Global Capital HR Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
  • Sundaram Finance HR Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
  • PNB Housing Finance HR Manager Salary - ₹9.4 Lakhs to ₹15.0 Lakhs per year
  • HDFC Bank HR Manager Salary - ₹6.0 Lakhs to ₹15.3 Lakhs per year
  • Kotak Mahindra Bank HR Manager Salary - ₹4.3 Lakhs to ₹17.0 Lakhs per year
What is the estimated take home salary of a HR Manager at L&T Finance in India?
The estimated take-home salary of a HR Manager at L&T Finance ranges between ₹76,912 per month to ₹78,907 per month in India. The take-home salary calculation is based on the average L&T Finance HR Manager salary in India which ranges between ₹7.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?
What is the notice period for HR Manager at L&T Finance?
According to AmbitionBox, 69% of the L&T Finance HR Managers reported a notice period of 3 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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L&T Finance HR Manager salary in India ranges between ₹7 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 58 L&T Finance latest salaries received from various employees of L&T Finance.

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