L&T Finance IT Manager Salaries by 7 Employees

5 - 8 years exp.

₹8.6 Lakhs - ₹14.2 Lakhs

Low Confidence

Salary of majority employees

19% less than the average IT Manager Salary in NBFC Companies for 5 - 8 years of experience

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Salaries in different departments

IT & Information Security IT Manager Salary 5 - 7 years exp. (4 salaries)	₹8.6 L/yr - ₹11.2 L/yr
Engineering - Hardware & Networks IT Manager Salary 8 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹14.2 L/yr
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Engineering - Software & QA IT Manager Salary 7 years exp. (AmbitionBox Estimate)	₹11.1 L/yr - ₹12.5 L/yr

Last Updated: 15 Mar 2023

Companies similar to L&T Finance for IT Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance IT Manager Salary 1 - 11 years exp. (18 salaries)	₹4.6 L/yr - ₹13.2 L/yr 21% less	19 job openings
HDFC Bank IT Manager Salary 1 - 11 years exp. (109 salaries)	₹5.5 L/yr - ₹20.8 L/yr 9% more
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ICICI Bank IT Manager Salary 0 - 13 years exp. (13 salaries)	₹9 L/yr - ₹21.2 L/yr 24% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	₹6.4 L/yr - ₹18.5 L/yr 2% more
Axis Bank IT Manager Salary 1 - 12 years exp. (72 salaries)	₹9.7 L/yr - ₹20.2 L/yr 31% more
Tata Capital IT Manager Salary 0 - 9 years exp. (21 salaries)	₹7.8 L/yr - ₹18.5 L/yr 5% more
Mahindra Finance IT Manager Salary 8 - 18 years exp. (34 salaries)	₹5 L/yr - ₹18.6 L/yr 2% less
Aditya Birla Capital IT Manager Salary 7 - 10 years exp. (4 salaries)	₹8.7 L/yr - ₹10.2 L/yr 15% less
Reliance Capital IT Manager Salary 9 - 15 years exp. (4 salaries)	₹5 L/yr - ₹12.8 L/yr 12% less
Shriram Finance IT Manager Salary 3 - 28 years exp. (3 salaries)	₹2.8 L/yr - ₹4.5 L/yr 65% less
Bharat Financial Inclusion IT Manager Salary 5 - 13 years exp. (14 salaries)	₹4.5 L/yr - ₹12 L/yr 15% less
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Aavas Financiers IT Manager Salary 5 - 14 years exp. (10 salaries)	₹4.5 L/yr - ₹7 L/yr 46% less
HDB Financial Services IT Manager Salary 1 - 22 years exp. (6 salaries)	₹6 L/yr - ₹16 L/yr 4% less
Poonawalla Fincorp IT Manager Salary 1 - 21 years exp. (6 salaries)	₹10.9 L/yr - ₹11.6 L/yr 2% more
Satin Creditcare Network IT Manager Salary 5 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹8.5 L/yr 40% less
Manappuram Finance IT Manager Salary 2 - 14 years exp. (4 salaries)	₹3.6 L/yr - ₹8 L/yr 54% less
Capri Global Capital IT Manager Salary 6 - 10 years exp. (4 salaries)	₹9.3 L/yr - ₹10.5 L/yr 10% less
SMFG India Credit IT Manager Salary 7 - 15 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 11% less
IIFL Finance IT Manager Salary 9 - 15 years exp. (3 salaries)	₹12.4 L/yr - ₹17 L/yr 32% more
Mahindra Rural Housing Finance IT Manager Salary 12 - 13 years exp. (3 salaries)	₹4.2 L/yr - ₹18.4 L/yr 1% more

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IT Manager salary at L&T Finance ranges between ₹8.6 Lakhs to ₹14.2 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance IT Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹20.1 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.2 L/yr
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7 years (3 salaries)	₹8.6 L/yr - ₹12.5 L/yr
8 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹14.2 L/yr

Similar Designation salaries in L&T Finance

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(6 salaries)

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Project Manager Salary

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₹6 L/yr - ₹14.16 L/yr

Team Lead Salary

(83 salaries)

₹2.48 L/yr - ₹12.99 L/yr

Analyst Salary

(5 salaries)

₹3 L/yr - ₹9 L/yr

IT Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Operations Manager Salary

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Technical Lead Salary

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₹22 L/yr - ₹26 L/yr

Senior Engineer Salary

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₹4.3 L/yr - ₹10 L/yr

Devops Engineer Salary

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Senior Analyst Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for L&T Finance

2.7

Rated by 2 employees for salary & benefits

Operations Manager

Finance & Accounting Department

4.0

• posted on 22 Jul 2019

3.0

for Salary and Benefits

Likes

... step service.They are provide month on month refresh training its very usefull.salary is perfectly given by us.learn lot of things on operations and system works.

Skill development - Good

+4 more

Dislikes

Incentives are not comfort for anyone.Travel conveyence is not provided it is basic.

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

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

Regional Process Manager in Kolkata

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.

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.

Company culture - Poor

+1 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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L&T Finance IT Manager Salary FAQs

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

IT Manager salary at L&T Finance in India ranges between ₹8.6 Lakhs to ₹14.2 Lakhs for experience between 5 years to 8 years. According to our estimates it is 19% less than the average IT 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 IT Manager at L&T Finance India compare with the average salary range for this job?

The average salary of a IT Manager at L&T Finance is 19% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.

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

TVS Credit IT Manager Salary - ₹10.5 Lakhs to ₹32.0 Lakhs per year
CreditAccess Grameen IT Manager Salary - ₹15.0 Lakhs to ₹17.5 Lakhs per year
IIFL Finance IT Manager Salary - ₹12.4 Lakhs to ₹17.0 Lakhs per year
Axis Bank IT Manager Salary - ₹9.7 Lakhs to ₹20.2 Lakhs per year
ICICI Bank IT Manager Salary - ₹9.0 Lakhs to ₹21.2 Lakhs per year

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

HDFC Bank IT Manager Salary - ₹5.5 Lakhs to ₹20.8 Lakhs per year
Tata Capital IT Manager Salary - ₹7.8 Lakhs to ₹18.5 Lakhs per year
Kotak Mahindra Bank IT Manager Salary - ₹6.4 Lakhs to ₹18.5 Lakhs per year
Poonawalla Fincorp IT Manager Salary - ₹10.9 Lakhs to ₹11.6 Lakhs per year
Mahindra Rural Housing Finance IT Manager Salary - ₹4.2 Lakhs to ₹18.4 Lakhs per year

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

The estimated take-home salary of a IT Manager at L&T Finance ranges between ₹79,906 per month to ₹81,986 per month in India. The take-home salary calculation is based on the average L&T Finance IT Manager salary in India which ranges between ₹8.6 Lakhs to ₹14.2 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the L&T Finance IT Managers 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 IT Manager Salaries

L&T Finance IT Manager salary in India ranges between ₹8.6 Lakhs to ₹14.2 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.