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L&T Finance Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 14 years exp.
₹5.2 Lakhs - ₹16.1 Lakhs
Salary of majority employees
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32% less than the average Manager Salary in NBFC Companies for 1 - 14 years of experience

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Salaries in different departments

Finance & Accounting
Manager Salary
1 - 10 years exp. (53 salaries)
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₹5.1 L/yr - ₹16 L/yr

BFSI, Investments & Trading
Manager Salary
1 - 12 years exp. (49 salaries)
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₹4.6 L/yr - ₹15.3 L/yr

Data Science & Analytics
Manager Salary
1 - 10 years exp. (25 salaries)
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₹7.8 L/yr - ₹12.2 L/yr

IT & Information Security
Manager Salary
1 - 10 years exp. (15 salaries)
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₹8.3 L/yr - ₹16 L/yr

Engineering - Software & QA
Manager Salary
2 - 9 years exp. (14 salaries)
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₹8.5 L/yr - ₹16.1 L/yr

View all

Last Updated: 14 Mar 2025

Companies similar to L&T Finance for Manager in Mumbai

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L&T Finance Manager Salary

1 - 14 years exp. (235 salaries)

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₹5.2 L/yr - ₹16.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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SMFG India Credit Manager Salary

1 - 10 years exp. (105 salaries)

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₹6 L/yr - ₹22 L/yr

arrow icon 10% more
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IIFL Finance Manager Salary

3 - 14 years exp. (68 salaries)

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₹3.9 L/yr - ₹16.6 L/yr

arrow icon 16% less
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Kotak Mahindra Prime Manager Salary

0 - 14 years exp. (59 salaries)

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₹5 L/yr - ₹12.2 L/yr

arrow icon 21% less
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Mahindra Finance Manager Salary

5 - 17 years exp. (57 salaries)

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₹7 L/yr - ₹18 L/yr

arrow icon 2% less
2 job openings
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Capri Global Capital Manager Salary

4 - 10 years exp. (30 salaries)

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₹6.8 L/yr - ₹15.8 L/yr

arrow icon 8% more
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Tata Capital Housing Finance Manager Salary

0 - 14 years exp. (20 salaries)

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₹6.5 L/yr - ₹15 L/yr

arrow icon 16% more
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Shriram Finance Manager Salary

6 - 17 years exp. (17 salaries)

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₹4.3 L/yr - ₹12 L/yr

arrow icon 14% less
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Sammaan Capital Limited Manager Salary

3 - 13 years exp. (16 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 25% less
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Mahindra Rural Housing Finance Manager Salary

5 - 13 years exp. (15 salaries)

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₹8 L/yr - ₹16.5 L/yr

arrow icon 6% less
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Poonawalla Fincorp Manager Salary

2 - 14 years exp. (14 salaries)

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₹7.3 L/yr - ₹15.8 L/yr

arrow icon 1% more
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Ugro Capital Manager Salary

2 - 12 years exp. (8 salaries)

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₹9.9 L/yr - ₹13.7 L/yr

arrow icon 1% less
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Muthoot Fincorp Manager Salary

5 - 12 years exp. (4 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 43% less
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PNB Housing Finance Manager Salary

5 - 9 years exp. (4 salaries)

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₹7.6 L/yr - ₹9.3 L/yr

arrow icon 18% less
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Sundaram Finance Manager Salary

10 - 13 years exp. (4 salaries)

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₹10.7 L/yr - ₹14 L/yr

arrow icon 8% more
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Aavas Financiers Manager Salary

3 - 5 years exp. (3 salaries)

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₹7 L/yr - ₹9.6 L/yr

arrow icon 26% less
Manager salary at L&T Finance ranges between ₹5.2 Lakhs to ₹16.1 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 235 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Manager in Mumbai

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Experience wise L&T Finance Manager salaries in Mumbai

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
1 year  (26 salaries)

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₹7 L/yr - ₹13 L/yr
2 years  (21 salaries)

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₹5.5 L/yr - ₹13 L/yr
3 years  (22 salaries)

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₹6 L/yr - ₹15.3 L/yr
4 years  (25 salaries)

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₹5.5 L/yr - ₹14 L/yr
5 years  (30 salaries)

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₹8 L/yr - ₹16 L/yr
View all
L&T Finance Manager Salary and Career Growth

From

To

Manager

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1 - 14 years exp.

Team Manager

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6 - 17 years exp.

Manager 1 - 14 years exp.
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Senior Manager 2 - 13 years exp.
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arrow icon 66% hike
    Team Manager 6 - 17 years exp.
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    arrow icon 37% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in L&T Finance

    Credit Manager Salary
    (20 salaries)
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    ₹6 L/yr - ₹14 L/yr
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    ₹3 L/yr - ₹4 L/yr
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    ₹1.95 L/yr - ₹6.7 L/yr
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    ₹6.79 L/yr - ₹9.08 L/yr
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    ₹35 L/yr - ₹45 L/yr

    Top skills at L&T Finance for Manager

    mystery shopping Investigation MIS Reporting Risk Management Credit Monitoring

    Salary related reviews for L&T Finance

    3.1

    Rated by 21 employees for salary & benefits

    Finance Department

    4.0
      •  posted on 02 Mar 2018

    5.0
     for  Salary and Benefits

    Likes

    L&t is very big banner of my life growing n very gud salary n my work life balance is super...

    read more
    • Salary - Excellent
    • +4 more

    Dislikes

    Drawback in this company is no timeline work bcz of marketing business... Travel time is going going..... environment is very nice...

    read more

    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

    read more

    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.

    read more
    • Work-life balance - Good

    Dislikes

    While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.

    read more
    • Skill development - Poor
    • +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
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    L&T Finance Manager Salary FAQs

    What is the salary of Manager at L&T Finance in Mumbai?
    The average salary of a Manager at L&T Finance in Mumbai typically ranges from ₹5.2 Lakhs to ₹16.1 Lakhs per year, depending on experience (from 1 year to 14 years).

    The top 10% of Manager in Mumbai at L&T Finance earn more than ₹13.9 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Manager 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 200+ L&T Finance employees in India.
    What is the estimated take home salary of a Manager at L&T Finance in Mumbai?
    The estimated take-home salary of a Manager at L&T Finance in Mumbai typically ranges from ₹80,239 to ₹82,328 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹16.1 Lakhs per year for employees with experience ranging from 1 year to 14 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 200+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Manager at L&T Finance in Mumbai?
    To be a Manager at L&T Finance in Mumbai, the key skills required include:

    • - mystery shopping
    • - Investigation
    • - MIS Reporting
    • - Risk Management
    • - Credit Monitoring

    These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than L&T Finance for Manager in India?
    Tata Capital Housing Finance ₹6.5 Lakhs to ₹15.0 Lakhs per year
    SMFG India Credit ₹6.0 Lakhs to ₹22.0 Lakhs per year
    Capri Global Capital ₹6.8 Lakhs to ₹15.8 Lakhs per year
    Sundaram Finance ₹10.7 Lakhs to ₹14.0 Lakhs per year
    Poonawalla Fincorp ₹7.3 Lakhs to ₹15.8 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 Manager in companies similar to L&T Finance in Mumbai?
    The salary of a Manager at companies similar to L&T Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Ugro Capital ₹9.9 Lakhs to ₹13.7 Lakhs per year
    Mahindra Finance ₹7.0 Lakhs to ₹18.0 Lakhs per year
    Mahindra Rural Housing Finance ₹8.0 Lakhs to ₹16.5 Lakhs per year
    Shriram Finance ₹4.3 Lakhs to ₹12.0 Lakhs per year
    IIFL Finance ₹3.9 Lakhs to ₹16.6 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 Manager at L&T Finance in Mumbai?
    The salary growth for a Manager at L&T Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at L&T Finance:

    Experience Average Salary Range
    1 year ₹7.0 Lakhs to ₹13.0 Lakhs per year
    2 years ₹5.5 Lakhs to ₹13.0 Lakhs per year
    3 years ₹6.0 Lakhs to ₹15.3 Lakhs per year
    4 years ₹5.5 Lakhs to ₹14.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    L&T Finance Manager salary in Mumbai ranges between ₹5.2 Lakhs to ₹16.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 235 L&T Finance latest salaries received from various employees of L&T Finance.