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3.9

based on 3.4k Reviews

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L&T Finance Microfinance salaries in India

Annual salary range
0 - 4 years exp.
₹1.5 Lakh - ₹2.6 Lakhs
Salary of majority employees
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27% less than the average Microfinance Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Microfinance Salary
0 - 4 years exp. (3 salaries)
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₹1.6 L/yr - ₹2 L/yr

Sales & Business Development
Microfinance Salary
0 - 3 years exp. (3 salaries)
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₹1.6 L/yr - ₹2 L/yr

Last Updated: 26 Jul 2023

Companies similar to L&T Finance for Microfinance

Company name Avg Annual Salary Open Jobs
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HDFC Bank Microfinance Salary

2 - 4 years exp. (6 salaries)

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₹1.6 L/yr - ₹2.4 L/yr

arrow icon 13% more
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Axis Bank Microfinance Salary

0 - 9 years exp. (12 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 33% more
1 job opening
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Bharat Financial Inclusion Microfinance Salary

0 - 14 years exp. (12 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 51% more
1 job opening
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CreditAccess Grameen Microfinance Salary

0 - 6 years exp. (12 salaries)

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₹1.4 L/yr - ₹2.8 L/yr

arrow icon 2% more
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Satin Creditcare Network Microfinance Salary

0 - 4 years exp. (8 salaries)

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₹1.7 L/yr - ₹3 L/yr

arrow icon 22% more
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IDFC FIRST Bharat Microfinance Salary

1 - 2 years exp. (5 salaries)

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₹14.4 L/yr - ₹23.2 L/yr

arrow icon 683% more
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Muthoot Microfin Microfinance Salary

1 - 7 years exp. (4 salaries)

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₹1.4 L/yr - ₹5 L/yr

arrow icon 43% more
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SMFG India Credit Microfinance Salary

1 - 6 years exp. (4 salaries)

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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 34% more
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Muthoot Fincorp Microfinance Salary

0 - 4 years exp. (3 salaries)

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₹1.4 L/yr - ₹2 L/yr

arrow icon 12% less
Microfinance salary at L&T Finance ranges between ₹1.5 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 11 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Microfinance

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Experience wise L&T Finance Microfinance salaries

Last Updated: 26 Jul 2023

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹1.5 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
4 years  (4 salaries)

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₹1.6 L/yr - ₹2.6 L/yr

Top skills at L&T Finance for Microfinance

Hiring Recruitment Campus Hiring Bulk Hiring Volume Hiring Mass Hiring

Salary related reviews for L&T Finance

4.7

Rated by 5 employees for salary & benefits

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

Full Time

 · 

Other Department

1.0
  •  posted on 01 Jul 2024

1.0
 for  Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 26 Jun 2024

3.0
 for  Salary and Benefits

Likes

Salary is on time

  • Job security - Good

Dislikes

Head managers are from Papu University they don't even know basics of HR. Talking to them in english makes them fumble. Lol the managers they pressure for working even on weekends. Travel with no planning. Don't join this company.

read more
  • Skill development - Bad
  • +3 more
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L&T Finance Microfinance Salary FAQs

What is the salary of Microfinance at L&T Finance?
Microfinance salary at L&T Finance in India ranges between ₹1.5 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 27% less than the average Microfinance Salary in India. Salary estimates are based on 11 latest salaries received from various employees of L&T Finance India.
How does the salary of a Microfinance at L&T Finance India compare with the average salary range for this job?
The average salary of a Microfinance at L&T Finance is 27% less than the average salary of a Microfinance in India. To know exact salary insights, login to view.
What are the top skills required to work as a Microfinance at L&T Finance?
Hiring, Recruitment, Campus Hiring, Bulk Hiring and Volume Hiring are some of the popular skills required to work as a Microfinance at L&T Finance India.
Which similar companies are paying more than L&T Finance to a Microfinance in India?
  • IDFC FIRST Bharat Microfinance Salary - ₹14.4 Lakhs to ₹23.2 Lakhs per year
  • Bharat Financial Inclusion Microfinance Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year
  • Muthoot Microfin Microfinance Salary - ₹1.4 Lakhs to ₹5.0 Lakhs per year
  • SMFG India Credit Microfinance Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
  • Axis Bank Microfinance Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Microfinance in companies similar to L&T Finance in India?
  • Satin Creditcare Network Microfinance Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
  • HDFC Bank Microfinance Salary - ₹1.6 Lakhs to ₹2.4 Lakhs per year
  • CreditAccess Grameen Microfinance Salary - ₹1.4 Lakhs to ₹2.8 Lakhs per year
  • Muthoot Fincorp Microfinance Salary - ₹1.4 Lakhs to ₹2.0 Lakhs per year
What is the estimated take home salary of a Microfinance at L&T Finance in India?
The estimated take-home salary of a Microfinance at L&T Finance ranges between ₹13,227 per month to ₹14,640 per month in India. The take-home salary calculation is based on the average L&T Finance Microfinance salary in India which ranges between ₹1.5 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Microfinance at L&T Finance?
According to AmbitionBox, 75% of the L&T Finance Microfinances reported a notice period of 1 Month, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

L&T Finance Microfinance salary in India ranges between ₹1.5 Lakh to ₹2.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 L&T Finance latest salaries received from various employees of L&T Finance.