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4.0

based on 3.3k Reviews

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L&T Finance Salaries in Mumbai

based on 2.7k latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Product Management Data Science & Analytics + 6 more
Designation Avg Annual Salary Open Jobs

Product Manager

0 - 6 years exp. · Mumbai (200 salaries)
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₹5 L/yr - ₹18.3 L/yr

Team Manager

6 - 17 years exp. · Mumbai (106 salaries)
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₹13 L/yr - ₹35 L/yr

Chief Manager

10 - 18 years exp. · Mumbai (61 salaries)
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₹19.8 L/yr - ₹52 L/yr

Area Credit Manager

3 - 13 years exp. · Mumbai (37 salaries)
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₹8 L/yr - ₹20 L/yr

Starting your career? Discover L&T Finance fresher salaries in India

Senior Product Manager

1 - 10 years exp. · Mumbai (31 salaries)
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₹8 L/yr - ₹33.6 L/yr

Business Manager

2 - 9 years exp. · Mumbai (29 salaries)
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₹4.1 L/yr - ₹9.1 L/yr

Officer

1 - 12 years exp. · Mumbai (21 salaries)
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₹1.2 L/yr - ₹2.8 L/yr

Data Scientist

1 - 6 years exp. · Mumbai (20 salaries)
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₹7.3 L/yr - ₹12.5 L/yr

Credit Policy Manager

0 - 4 years exp. · Mumbai (20 salaries)
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₹6 L/yr - ₹17.4 L/yr

Credit Manager

2 - 9 years exp. · Mumbai (19 salaries)
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₹6 L/yr - ₹14 L/yr

Legal Manager

1 - 10 years exp. · Mumbai (17 salaries)
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₹5.5 L/yr - ₹12 L/yr

Collection Officer

1 - 6 years exp. · Mumbai (16 salaries)
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₹1.5 L/yr - ₹3.8 L/yr

Senior HR Executive

1 - 9 years exp. · Mumbai (14 salaries)
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₹3 L/yr - ₹6 L/yr

Credit Officer

1 - 6 years exp. · Mumbai (14 salaries)
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₹2.2 L/yr - ₹3.8 L/yr

Sales Manager

4 - 10 years exp. · Mumbai (13 salaries)
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₹3 L/yr - ₹10.5 L/yr

Project Manager

1 - 8 years exp. · Mumbai (13 salaries)
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₹6 L/yr - ₹14.2 L/yr

Area Sales Manager

2 - 14 years exp. · Mumbai (13 salaries)
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₹6.6 L/yr - ₹17.4 L/yr

Accounts & Finance Manager

1 - 6 years exp. · Mumbai (12 salaries)
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₹7 L/yr - ₹16 L/yr

Team Lead

2 - 9 years exp. · Mumbai (12 salaries)
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₹1.6 L/yr - ₹5.8 L/yr

Senior Manager Internal Audit

5 - 13 years exp. · Mumbai (12 salaries)
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₹11 L/yr - ₹18.1 L/yr

Last Updated: 20 Dec, 2024

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Salary Discussions, Hike & Promotions
2w
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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Salary related reviews for L&T Finance

3.5

Rated by 336 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 16 May 2024
1.0
 for  Salary and Benefits

Likes

Nothing to like about, who has worked here.

Dislikes

Please don’t join this company as the management is very poor. No payment for extra working hours, no holidays, no work life balance, work pressure is high and no market standard salary. HR is very poor as they put you in department where you don’t have that expertise. All the promotions and credit are given to the HOD. If there is a government holiday, then to compensate it, they call to work on Sundays. If you join, you will only regret if you have dont have salary 1.5l per month. No growth opportunity.

read more

Product Manager in Mumbai

Full Time

 · 

Consulting Department

3.0
  •  posted on 17 Jan 2022
2.0
 for  Salary and Benefits

Likes

Work culture is aggressive. Management is good. But if you’re a part of rural finance team (which I was) work life balance is difficult. Learning opportunities are great. I learnt a lot as a product manager.

read more

Dislikes

Work life balance. Favouritism. Politics. Low compensation (2020 no hike was given to any staff, 2021 (5%-8%) was hike. Pay is not that great as to the market standard.

read more

Accounts Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 13 Aug 2018
2.0
 for  Salary and Benefits

Likes

Good learning especially for Freshers. Some teams allow movement across various departments in the same vertical.

Dislikes

Salary is lower than industry standard. Appraisal process is opaque and one wouldn't know how the rating was done and why you got a particular rating.

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Assistant Manager Finance & Accounts in Mumbai

Finance & Accounting Department

2.0
  •  posted on 30 Jan 2022
3.0
 for  Salary and Benefits

Likes

It's just the brand name which is a positive factor. Everything else is not that satisfactory.

Dislikes

The HR policies of the company are a bit orthodox. There are no sick leaves, neither any overtime pay or compensatory off. Very minimal amount of employee engagement and seldom have I felt valued as an employee working here.

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Product Manager in Mumbai

Product Management Department

1.0
  •  posted on 06 Apr 2021
2.0
 for  Salary and Benefits

Likes

The one thing I would say is nice about this place is that it provides equal opportunity to everyone, no matter if they are freshers. A lot of learning opportunities are there and they can get hands on experience at a young stage in career as well.

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Dislikes

... You will never get a day off, not even Sundays. Weekends are off only on paper. They expect you to work 24/7 and provide very less pay for the work they make you do.

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see more salary related reviews

L&T Finance interview questions by designations

Frontline Officer (7)Area Collection Manager (6)Sales Officer (6)Collection Officer (6)
View all 131 interview experiences

Know more about L&T Finance Mumbai

More about working at L&T Finance

L&T Finance Salary FAQs

How much does L&T Finance pay per year?
The average L&T Finance salary ranges from approximately ₹1 Lakh to ₹1.9 Lakh per year for a Tele Caller and ₹98 Lakhs to ₹1.2 Crore per year for a Business Head. Salary estimates are based on 2.7k L&T Finance salaries received from various employees of L&T Finance. L&T Finance employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in L&T Finance?
The highest-paying job at L&T Finance is a Business Head with a salary of ₹98 Lakhs to ₹1.2 Crore per year. The top 10% of employees earn more than ₹18.10 lakhs per year. The top 1% earn more than a whopping ₹52.23 lakhs per year.
What is the minimum salary in L&T Finance?
Minimum salary at L&T Finance depends on the role you are applying for. For Sales Officer the minimum salary is ₹1.4 Lakh to ₹3.5 Lakhs per year, and for Collection Officer the minimum salary is ₹1.2 Lakh to ₹3.9 Lakhs per year and so on.
What is the salary package for freshers in L&T Finance?
The average salary at L&T Finance for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for HR Intern and ₹6.5 Lakhs to ₹11.2 Lakhs per year for Product Manager.
What is the notice period at L&T Finance in Mumbai?
According to AmbitionBox, 67% of the L&T Finance employees in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.5k responses on AmbitionBox in last 2 years.

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L&T Finance Mumbai Salaries by Department

Average annual salary in L&T Finance , Mumbai is INRunlock blur . Salary estimates are based on 2.7k L&T Finance latest salaries received from various employees of L&T Finance.

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