L&T Finance Mumbai Management Trainee Salaries by 3 Employees (Updated 2024)

0 - 1 year exp.

₹7 Lakhs - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Management Trainee Salary in NBFC Companies for 0 - 1 year of experience

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Last Updated: 5 Jul 2023

Companies similar to L&T Finance for Management Trainee in Mumbai

L&T Finance Management Trainee Salary

0 - 1 year exp. (3 salaries)

₹7 L/yr - ₹9.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Management Trainee Salary 0 - 5 years exp. (110 salaries)	₹4 L/yr - ₹13 L/yr 24% more
ICICI Bank Management Trainee Salary 0 - 4 years exp. (327 salaries)	₹9 L/yr - ₹20 L/yr 127% more
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Kotak Mahindra Bank Management Trainee Salary 0 - 4 years exp. (35 salaries)	₹7 L/yr - ₹24 L/yr 129% more
Axis Bank Management Trainee Salary 0 - 3 years exp. (14 salaries)	₹11.3 L/yr - ₹25 L/yr 130% more
Tata Capital Management Trainee Salary 0 - 3 years exp. (18 salaries)	₹9.5 L/yr - ₹15 L/yr 79% more
Aditya Birla Capital Management Trainee Salary 0 - 4 years exp. (37 salaries)	₹6.5 L/yr - ₹20 L/yr 123% more
Shriram Finance Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3.1 L/yr 58% less	2 job openings
SMFG India Credit Management Trainee Salary 0 - 3 years exp. (37 salaries)	₹5 L/yr - ₹18 L/yr 45% more
IIFL Finance Management Trainee Salary 0 - 2 years exp. (28 salaries)	₹19.1 L/yr - ₹30.5 L/yr 168% more
Sammaan Capital Limited Management Trainee Salary 0 - 2 years exp. (18 salaries)	₹3.5 L/yr - ₹8 L/yr 26% less
HDB Financial Services Management Trainee Salary 0 - 2 years exp. (11 salaries)	₹4 L/yr - ₹4 L/yr 44% less
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PNB Housing Finance Management Trainee Salary 0 - 3 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 26% less

Management Trainee salary at L&T Finance ranges between ₹7 Lakhs to ₹9.1 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Management Trainee salaries in Mumbai

Last Updated: 5 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹8.3 L/yr
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1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹9.1 L/yr

Similar Designation salaries in L&T Finance

Team Lead Salary

(28 salaries)

₹5.47 L/yr - ₹15.34 L/yr

Finance Executive Salary

(12 salaries)

₹1.75 L/yr - ₹2.5 L/yr

Analyst Salary

(4 salaries)

₹3 L/yr - ₹9 L/yr

Senior Associate Salary

(4 salaries)

₹1.95 L/yr - ₹6.7 L/yr

Salary related reviews for L&T Finance

Finance Executive in Tirupati

Full Time

Finance & Accounting Department

2.0

• posted on 25 Oct 2024

1.0

for Salary and Benefits

Likes

Job security very good incentive good

Dislikes

Salary not satisfied and yearly bonus employees not credited and iam in 3years working Land t finance two wheeler but ani bonus and any salary not increased Not satisfied in Land t finance company

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..

Dislikes

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

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.

Dislikes

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

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.

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.

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

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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L&T Finance Management Trainee Salary FAQs

What is the notice period for Management Trainee at L&T Finance in Mumbai?

According to AmbitionBox, 100% of the L&T Finance Management Trainees in Mumbai 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 Management Trainee Salaries in Mumbai

L&T Finance Management Trainee salary in Mumbai ranges between ₹7 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Finance latest salaries received from various employees of L&T Finance.