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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
15 - 17 years exp. · Mumbai (3 salaries)
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₹50 L/yr - ₹63 L/yr

4 - 9 years exp. · Mumbai (3 salaries)
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₹10 L/yr - ₹13.3 L/yr

13 - 17 years exp. · Mumbai (3 salaries)
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₹20 L/yr - ₹24 L/yr

8 years exp. · Mumbai (3 salaries)
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₹17.3 L/yr - ₹30 L/yr

3 - 12 years exp. · Mumbai (3 salaries)
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₹3.4 L/yr - ₹5 L/yr

11 - 14 years exp. · Mumbai (3 salaries)
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₹24 L/yr - ₹32 L/yr

5 - 7 years exp. · Mumbai (3 salaries)
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₹4 L/yr - ₹4 L/yr

6 - 8 years exp. · Mumbai (3 salaries)
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₹3.1 L/yr - ₹4.2 L/yr

6 - 7 years exp. · Mumbai (3 salaries)
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₹8.8 L/yr - ₹11 L/yr

0 - 1 year exp. · Mumbai (3 salaries)
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₹7 L/yr - ₹9.1 L/yr

3 - 5 years exp. · Mumbai (3 salaries)
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₹9.6 L/yr - ₹13 L/yr

4 - 8 years exp. · Mumbai (3 salaries)
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₹11 L/yr - ₹14.3 L/yr

9 - 16 years exp. · Mumbai (3 salaries)
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₹10.2 L/yr - ₹17 L/yr

0 - 1 year exp. · Mumbai (3 salaries)
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₹2.4 L/yr - ₹8 L/yr

4 - 6 years exp. · Mumbai (3 salaries)
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₹9.5 L/yr - ₹11.2 L/yr

18 - 20 years exp. · Mumbai (3 salaries)
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₹30 L/yr - ₹35 L/yr

1 - 6 years exp. · Mumbai (3 salaries)
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₹8.4 L/yr - ₹17.7 L/yr

8 years exp. · Mumbai (3 salaries)
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₹15.5 L/yr - ₹19.8 L/yr

12 - 15 years exp. · Mumbai (3 salaries)
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₹37 L/yr - ₹52 L/yr

0 - 3 years exp. · Mumbai (3 salaries)
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₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 29 Dec, 2024

Salary related reviews for L&T Finance

3.5

Rated by 340 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

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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.

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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.

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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.

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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.

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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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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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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 ₹18.20 lakhs per year. The top 1% earn more than a whopping ₹52.22 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 ₹2 Lakhs to ₹9 Lakhs per year for Management Trainee.
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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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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