L&T Finance IT Head Salaries by 4 Employees

16 - 19 years exp.

₹40 Lakhs - ₹64 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

79% more than the average IT Head Salary in NBFC Companies for 16 - 19 years of experience

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Last Updated: 24 Oct 2023

Companies similar to L&T Finance for IT Head

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance IT Head Salary 16 - 17 years exp. (6 salaries)	₹50.4 L/yr - ₹55.7 L/yr 7% more
Manappuram Finance IT Head Salary 7 - 12 years exp. (4 salaries)	₹3.3 L/yr - ₹3.7 L/yr 93% less
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PNB Housing Finance IT Head Salary 18 - 20 years exp. (4 salaries)	₹44.1 L/yr - ₹56.4 L/yr 2% less
Sammaan Capital Limited IT Head Salary 15 - 25 years exp. (4 salaries)	₹31 L/yr - ₹94 L/yr 36% more
Muthoot Finance IT Head Salary 22 - 23 years exp. (3 salaries)	₹28.8 L/yr - ₹36.8 L/yr 36% less

IT Head salary at L&T Finance ranges between ₹40 Lakhs to ₹64 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance IT Head salaries

Last Updated: 24 Oct 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹40 L/yr - ₹64 L/yr
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Salary related reviews for L&T Finance

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

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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 IT Head Salary FAQs

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

The average salary of a IT Head at L&T Finance in India typically ranges from ₹40.0 Lakhs to ₹64.0 Lakhs per year, depending on experience (from 16 years to 19 years).

The top 10% of IT Head at L&T Finance earn more than ₹64.0 Lakhs per year, and the top 1% earn over ₹64.0 Lakhs per year. IT Head 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 4 L&T Finance employees in India.

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

The estimated take-home salary of a IT Head at L&T Finance in India typically ranges from ₹2,90,709 to ₹3,02,360 per month. This is based on the average salary range of ₹40.0 Lakhs to ₹64.0 Lakhs per year for employees with experience ranging from 16 years to 19 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 4 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 IT Head in India?

Sammaan Capital Limited	₹31.0 Lakhs to ₹94.0 Lakhs per year
Mahindra Finance	₹50.4 Lakhs to ₹55.7 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 IT Head in companies similar to L&T Finance in India?

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

PNB Housing Finance	₹44.1 Lakhs to ₹56.4 Lakhs per year
Muthoot Finance	₹28.8 Lakhs to ₹36.8 Lakhs per year
Manappuram Finance	₹3.3 Lakhs to ₹3.7 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 IT Head at L&T Finance in India?

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

Experience	Average Salary Range
15 years	₹40.0 Lakhs to ₹64.0 Lakhs per year

and so on.

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L&T Finance IT Head Salaries

L&T Finance IT Head salary in India ranges between ₹40 Lakhs to ₹64 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.