L&T Finance Mumbai Product Lead Salaries by 8 Employees (Updated 2025)

4 - 7 years exp.

₹24 Lakhs - ₹31 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% more than the average Product Lead Salary in NBFC Companies for 4 - 7 years of experience

Interested in this particular role?

Last Updated: 23 Mar 2025

Companies similar to L&T Finance for Product Lead in Mumbai

L&T Finance Product Lead Salary

4 - 7 years exp. (8 salaries)

₹24 L/yr - ₹31 L/yr

Company name	Avg Annual Salary	Open Jobs
Ugro Capital Product Lead Salary 4 - 17 years exp. (5 salaries)	₹22.6 L/yr - ₹31.3 L/yr 9% more
IDFC FIRST Bank Product Lead Salary 2 - 13 years exp. (19 salaries)	₹21.6 L/yr - ₹41.6 L/yr 7% more	2 job openings
Login to view exact salary
Yes Bank Product Lead Salary 10 - 21 years exp. (8 salaries)	₹24.2 L/yr - ₹35 L/yr 7% more
National Payments Corporation of India Product Lead Salary 2 - 9 years exp. (8 salaries)	₹15.4 L/yr - ₹25 L/yr 19% less
Future Group Product Lead Salary 2 - 7 years exp. (7 salaries)	₹4.5 L/yr - ₹13.5 L/yr 65% less

Product Lead salary at L&T Finance ranges between ₹24 Lakhs to ₹31 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Product Lead salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹25 L/yr - ₹32 L/yr
5 years (4 salaries)	₹24 L/yr - ₹30.3 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹25 L/yr - ₹31.9 L/yr
7 years (AmbitionBox Estimate)	₹24.9 L/yr - ₹31.9 L/yr

Similar Designation salaries in L&T Finance

Product Manager Salary

(182 salaries)

₹5 L/yr - ₹18.5 L/yr

Senior Product Manager Salary

(39 salaries)

₹8.62 L/yr - ₹28.9 L/yr

Business Analyst Salary

(14 salaries)

₹5.19 L/yr - ₹12.6 L/yr

Project Manager Salary

(13 salaries)

₹6 L/yr - ₹14.16 L/yr

Digital Product Manager Salary

(4 salaries)

₹13.6 L/yr - ₹18.1 L/yr

Associate Director Salary

(3 salaries)

₹35 L/yr - ₹45 L/yr

Salary related reviews for L&T Finance

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.

Job security - Good

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.

Salary - Poor

+2 more

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.

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.

Salary - Poor

+4 more

Sales Executive in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

This is a very good company. Company culture is also good and all co-workers are very helpful and 24 hour salary system is also very good.And the company has a very good health policy

Salary - Excellent

+3 more

Dislikes

The company is good but the salary is not right as per the time, it is very less and neither is the incentive structure right

Promotions - Poor

Assistant Manager in Coimbatore

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 23 Mar 2025

5.0

for Salary and Benefits

Likes

Salary and incentives are really good.If u work it's worth really.. promotion no issues

Salary - Excellent

+2 more

Dislikes

The big problem is incapablity peoples in big position like TM,RM,SRM they are not have the capability to be a BM

Skill development - Bad

+3 more

Branch Manager in Hanwada

Full Time

Finance & Accounting Department

4.0

• posted on 10 Feb 2025

4.0

for Salary and Benefits

Likes

Work life Salary Skill development

Salary - Good

+4 more

Dislikes

Some kind of aggressive mentors monitoring, It's too worst to face and use some salary to work comparision words continue revert by supervisor and superior officials

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about L&T Finance?

Ask anonymously on communities.

L&T Finance Product Lead Salary FAQs

What is the salary of Product Lead at L&T Finance in Mumbai?

The average salary of a Product Lead at L&T Finance in Mumbai typically ranges from ₹24.0 Lakhs to ₹31.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Product Lead in Mumbai at L&T Finance earn more than ₹31.0 Lakhs per year, and the top 1% earn over ₹31.0 Lakhs per year. Product Lead Salaries at L&T Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 L&T Finance employees in India.

What is the estimated take home salary of a Product Lead at L&T Finance in Mumbai?

The estimated take-home salary of a Product Lead at L&T Finance in Mumbai typically ranges from ₹1,72,729 to ₹1,79,403 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹31.0 Lakhs per year for employees with experience ranging from 4 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Finance for Product Lead in India?

Ugro Capital	₹22.6 Lakhs to ₹31.3 Lakhs per year
IDFC FIRST Bank	₹21.6 Lakhs to ₹41.6 Lakhs per year
Yes Bank	₹24.2 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T Finance, depending on the role and experience level.

What is the salary of a Product Lead in companies similar to L&T Finance in Mumbai?

The salary of a Product Lead at companies similar to L&T Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

National Payments Corporation of India	₹15.4 Lakhs to ₹25.0 Lakhs per year
Future Group	₹4.5 Lakhs to ₹13.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Product Lead at L&T Finance in Mumbai?

The salary growth for a Product Lead at L&T Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Lead in Mumbai can expect the following growth trajectory at L&T Finance:

Experience	Average Salary Range
4 years	₹25.0 Lakhs to ₹32.0 Lakhs per year
5 years	₹24.0 Lakhs to ₹30.3 Lakhs per year
6 years	₹25.0 Lakhs to ₹31.9 Lakhs per year
7 years	₹24.9 Lakhs to ₹31.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
L&T Finance Salaries >
L&T Finance Product Lead Salaries >
L&T Finance Product Lead Salaries in Mumbai

L&T Finance Product Lead salary in Mumbai ranges between ₹24 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 L&T Finance latest salaries received from various employees of L&T Finance.