L&T Finance Procurement Manager Salaries by 4 Employees (Updated 2025)

6 - 10 years exp.

₹4 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹6.2 Lakhs

Variable (15%)

₹1.1 Lakh

53% less than the average Procurement Manager Salary in NBFC Companies for 6 - 10 years of experience

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Salaries in different departments

Administration & Facilities Procurement Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.5 L/yr
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Procurement & Supply Chain Procurement Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹13 L/yr

Last Updated: 10 Mar 2025

Companies similar to L&T Finance for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 73% more
ICICI Bank Procurement Manager Salary 2 - 15 years exp. (11 salaries)	₹5.5 L/yr - ₹13.2 L/yr 26% more
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Kotak Mahindra Bank Procurement Manager Salary 0 - 13 years exp. (3 salaries)	₹5.2 L/yr - ₹11.5 L/yr 12% more
Axis Bank Procurement Manager Salary 9 - 14 years exp. (10 salaries)	₹12.3 L/yr - ₹17 L/yr 79% more
Mahindra Finance Procurement Manager Salary 2 - 18 years exp. (6 salaries)	₹4.5 L/yr - ₹9 L/yr At par

Procurement Manager salary at L&T Finance ranges between ₹4 Lakhs to ₹13 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Procurement Manager salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10 L/yr
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8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.5 L/yr

Similar Designation salaries in L&T Finance

Procurement Head Salary

(3 salaries)

₹20 L/yr - ₹35 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Commercial Executive Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Dispatch Executive Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Inventory Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Commercial Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Logistics Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Senior Manager Procurement Salary

(AmbitionBox Estimate)

₹13.4 L/yr - ₹17.1 L/yr

Senior Manager Purchase Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for L&T Finance

3.0

Rated by 1 employees for salary & benefits

Senior Manager in Mumbai

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.

Work-life balance - Good

Dislikes

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

Skill development - Poor

+4 more

Team Manager in Mumbai

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

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.

Promotions - Poor

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

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.

Job security - Bad

+4 more

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.

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.

Company culture - Poor

+1 more

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.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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L&T Finance Procurement Manager Salary FAQs

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

Procurement Manager salary at L&T Finance in India ranges between ₹4.0 Lakhs to ₹13.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 53% less than the average Procurement Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance India.

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

The average salary of a Procurement Manager at L&T Finance is 53% less than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

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

Axis Bank Procurement Manager Salary - ₹12.3 Lakhs to ₹17.0 Lakhs per year
HDFC Bank Procurement Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Procurement Manager Salary - ₹5.5 Lakhs to ₹13.2 Lakhs per year
Kotak Mahindra Bank Procurement Manager Salary - ₹5.2 Lakhs to ₹11.5 Lakhs per year
Mahindra Finance Procurement Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Procurement Manager at L&T Finance ranges between ₹54,618 per month to ₹55,982 per month in India. The take-home salary calculation is based on the average L&T Finance Procurement Manager salary in India which ranges between ₹4.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the L&T Finance Procurement Manager s reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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L&T Finance Procurement Manager Salaries

L&T Finance Procurement Manager salary in India ranges between ₹4 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.