L&T Finance Processing Manager Salaries by 5 Employees (Updated 2024)

1 - 6 years exp.

₹6 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Processing Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Data Science & Analytics Processing Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹7.2 L/yr
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Product Management Processing Manager Salary 6 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr

Last Updated: 25 Nov 2023

Companies similar to L&T Finance for Processing Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Processing Manager Salary 2 - 14 years exp. (75 salaries)	₹4 L/yr - ₹13 L/yr 34% more
ICICI Bank Processing Manager Salary 1 - 15 years exp. (276 salaries)	₹3 L/yr - ₹11.3 L/yr 19% more
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Kotak Mahindra Bank Processing Manager Salary 5 - 12 years exp. (5 salaries)	₹4.5 L/yr - ₹8.9 L/yr 20% more	1 job opening
Axis Bank Processing Manager Salary 3 - 15 years exp. (7 salaries)	₹10 L/yr - ₹18.5 L/yr 119% more
Mahindra Finance Processing Manager Salary 2 - 13 years exp. (16 salaries)	₹5.7 L/yr - ₹22.1 L/yr 104% more
IIFL Finance Processing Manager Salary 5 - 14 years exp. (3 salaries)	₹4.1 L/yr - ₹4.3 L/yr 33% less
HDB Financial Services Processing Manager Salary 1 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹3.5 L/yr 61% less

Processing Manager salary at L&T Finance ranges between ₹6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Processing Manager salaries

Last Updated: 25 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.2 L/yr
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3 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.3 L/yr

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Similar Designation salaries in L&T Finance

Production Manager Salary

(5 salaries)

₹6.25 L/yr - ₹11.3 L/yr

Operations Manager Salary

(47 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹9 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Engineer Salary

(7 salaries)

₹4.3 L/yr - ₹10 L/yr

Supervisor Salary

(6 salaries)

₹1.3 L/yr - ₹2 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2.3 L/yr - ₹5.35 L/yr

Officer Salary

(31 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Assistant General Manager Salary

(5 salaries)

₹30 L/yr - ₹60.35 L/yr

Salary related reviews for L&T Finance

Operations Manager

Finance & Accounting Department

4.0

• posted on 22 Jul 2019

3.0

for Salary and Benefits

Likes

... step service.They are provide month on month refresh training its very usefull.salary is perfectly given by us.learn lot of things on operations and system works.

Dislikes

Incentives are not comfort for anyone.Travel conveyence is not provided it is basic.

Branch Manager in Madhubani

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

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.

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

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 Kochi

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.

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 Processing Manager Salary FAQs

What is the salary of Processing Manager at L&T Finance?

Processing Manager salary at L&T Finance in India ranges between ₹6.0 Lakhs to ₹7.2 Lakhs for experience between 1 years to 6 years. According to our estimates it is 49% less than the average Processing Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance India.

How does the salary of a Processing Manager at L&T Finance India compare with the average salary range for this job?

The average salary of a Processing Manager at L&T Finance is 49% less than the average salary of a Processing Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than L&T Finance to a Processing Manager in India?

Axis Bank Processing Manager Salary - ₹10.0 Lakhs to ₹18.5 Lakhs per year
Mahindra Finance Processing Manager Salary - ₹5.7 Lakhs to ₹22.1 Lakhs per year
HDFC Bank Processing Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindra Bank Processing Manager Salary - ₹4.5 Lakhs to ₹8.9 Lakhs per year
ICICI Bank Processing Manager Salary - ₹3.0 Lakhs to ₹11.3 Lakhs per year

What is the salary of a Processing Manager in companies similar to L&T Finance in India?

IIFL Finance Processing Manager Salary - ₹4.1 Lakhs to ₹4.3 Lakhs per year
HDB Financial Services Processing Manager Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Processing Manager at L&T Finance in India?

The estimated take-home salary of a Processing Manager at L&T Finance ranges between ₹48,035 per month to ₹49,172 per month in India. The take-home salary calculation is based on the average L&T Finance Processing Manager salary in India which ranges between ₹6.0 Lakhs to ₹7.2 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Processing Manager at L&T Finance?

According to AmbitionBox, 67% of the L&T Finance Processing Managers reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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L&T Finance Processing Manager Salaries

L&T Finance Processing Manager salary in India ranges between ₹6 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.