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

4 - 7 years exp.

₹24 Lakhs - ₹31 Lakhs

Salary of majority employees

Fixed (84%)

₹23.2 Lakhs

Variable (16%)

₹4.4 Lakhs

16% more than the average Product Lead Salary in NBFC Companies for 4 - 7 years of experience

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Last Updated: 21 Jan 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
HDFC Bank Product Lead Salary 9 - 19 years exp. (4 salaries)	₹15 L/yr - ₹32 L/yr 16% less
Kotak Mahindra Bank Product Lead Salary 7 - 17 years exp. (4 salaries)	₹15 L/yr - ₹32 L/yr 10% less
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Axis Bank Product Lead Salary 5 - 20 years exp. (7 salaries)	₹20 L/yr - ₹27.8 L/yr 12% less
Tata Capital Product Lead Salary 5 - 9 years exp. (4 salaries)	₹17.5 L/yr - ₹38.5 L/yr 10% less
IDFC FIRST Bank Product Lead Salary 2 - 13 years exp. (16 salaries)	₹21.6 L/yr - ₹41.6 L/yr 7% more	1 job opening

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: 21 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹25 L/yr - ₹49.9 L/yr
5 years (4 salaries)	₹24 L/yr - ₹30.3 L/yr
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6 years (AmbitionBox Estimate)	₹27 L/yr - ₹49.8 L/yr
7 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹31 L/yr

Similar Designation salaries in L&T Finance

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₹8 L/yr - ₹28 L/yr

Business Analyst Salary

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Project Manager Salary

(13 salaries)

₹6 L/yr - ₹14.16 L/yr

Digital Product Manager Salary

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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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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L&T Finance Product Lead Salary FAQs

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

Product Lead salary at L&T Finance in Mumbai ranges between ₹24.0 Lakhs to ₹31.0 Lakhs for experience between 4 years to 7 years. According to our estimates it is 16% more than the average Product Lead Salary in India. Salary estimates are based on 8 latest salaries received from various employees of L&T Finance Mumbai.

How does the salary of a Product Lead at L&T Finance Mumbai compare with the average salary range for this job?

The average salary of a Product Lead at L&T Finance is 16% more than the average salary of a Product Lead in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than L&T Finance to a Product Lead in Mumbai?

IDFC FIRST Bank Product Lead Salary - ₹21.6 Lakhs to ₹41.6 Lakhs per year

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

Kotak Mahindra Bank Product Lead Salary - ₹15.0 Lakhs to ₹32.0 Lakhs per year
Tata Capital Product Lead Salary - ₹17.5 Lakhs to ₹38.5 Lakhs per year
Axis Bank Product Lead Salary - ₹20.0 Lakhs to ₹27.8 Lakhs per year
HDFC Bank Product Lead Salary - ₹15.0 Lakhs to ₹32.0 Lakhs per year

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 ranges between ₹1,72,456 per month to ₹1,79,117 per month in Mumbai. The take-home salary calculation is based on the average L&T Finance Product Lead salary in India which ranges between ₹24.0 Lakhs to ₹31.0 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Product Lead at L&T Finance in Mumbai?

According to AmbitionBox, 100% of the L&T Finance Product Leads in Mumbai reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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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.