L&T Finance Mumbai Procurement Manager Salaries by 3 Employees (Updated 2024)

6 - 14 years exp.

₹5.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Procurement Manager Salary in NBFC Companies for 6 - 14 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Manager Salary 6 - 14 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr
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Administration & Facilities Procurement Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 1 Nov 2024

Companies similar to L&T Finance for Procurement Manager in Mumbai

L&T Finance Procurement Manager Salary

6 - 14 years exp. (3 salaries)

₹5.5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Procurement Manager Salary 8 - 14 years exp. (5 salaries)	₹12 L/yr - ₹13 L/yr 29% more
ICICI Bank Procurement Manager Salary 2 - 15 years exp. (11 salaries)	₹5.5 L/yr - ₹17.9 L/yr 17% 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 16% less
Axis Bank Procurement Manager Salary 5 - 15 years exp. (9 salaries)	₹6 L/yr - ₹15 L/yr 16% more
Mahindra Finance Procurement Manager Salary 2 - 18 years exp. (5 salaries)	₹4.5 L/yr - ₹9 L/yr 26% less

Procurement Manager salary at L&T Finance ranges between ₹5.5 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Procurement Manager salaries in Mumbai

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
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14 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

Similar Designation salaries in L&T Finance

Procurement Head Salary

(3 salaries)

₹20 L/yr - ₹35 L/yr

Salary related reviews for L&T Finance

3.0

Rated by 1 employees for salary & benefits

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 Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

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.

Assistant Talent Acquisition Manager in Ahmedabad

Full Time

Human Resources Department

1.0

• posted on 26 Jun 2024

3.0

for Salary and Benefits

Likes

Salary is on time

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.

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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 Procurement Manager Salary FAQs

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

According to AmbitionBox, 67% of the L&T Finance Procurement Manager s in Mumbai reported a notice period of 1 Month, 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 Procurement Manager Salaries in Mumbai

L&T Finance Procurement Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Finance latest salaries received from various employees of L&T Finance.