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L&T Finance Product Manager salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹5 Lakhs - ₹18.5 Lakhs
Salary of majority employees
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51% less than the average Product Manager Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
0 - 6 years exp. (110 salaries)
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₹5 L/yr - ₹18.5 L/yr

BFSI, Investments & Trading
Product Manager Salary
2 - 5 years exp. (13 salaries)
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₹10 L/yr - ₹18.3 L/yr

Marketing & Communication
Product Manager Salary
1 - 5 years exp. (9 salaries)
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₹6.2 L/yr - ₹12 L/yr

Data Science & Analytics
Product Manager Salary
1 - 6 years exp. (7 salaries)
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₹6.6 L/yr - ₹12.5 L/yr

Finance & Accounting
Product Manager Salary
0 - 2 years exp. (7 salaries)
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₹5.3 L/yr - ₹15.6 L/yr

Last Updated: 19 Mar 2025

Companies similar to L&T Finance for Product Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Product Manager Salary

0 - 14 years exp. (766 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 40% more
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ICICI Bank Product Manager Salary

0 - 10 years exp. (3.1k salaries)

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₹7.4 L/yr - ₹27.1 L/yr

arrow icon 63% more
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Axis Bank Product Manager Salary

0 - 10 years exp. (566 salaries)

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₹7 L/yr - ₹25.9 L/yr

arrow icon 56% more
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Kotak Mahindra Bank Product Manager Salary

0 - 12 years exp. (601 salaries)

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₹6.1 L/yr - ₹24.8 L/yr

arrow icon 34% more
1 job opening
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Bajaj Finance Product Manager Salary

2 - 7 years exp. (212 salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 37% more
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Tata Capital Product Manager Salary

0 - 3 years exp. (97 salaries)

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₹7.7 L/yr - ₹22 L/yr

arrow icon 45% more
1 job opening
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Mahindra Finance Product Manager Salary

2 - 10 years exp. (18 salaries)

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₹9.3 L/yr - ₹34.2 L/yr

arrow icon 88% more
1 job opening
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Aditya Birla Finance Product Manager Salary

2 - 9 years exp. (49 salaries)

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₹9 L/yr - ₹35.6 L/yr

arrow icon 88% more
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Yes Bank Product Manager Salary

0 - 10 years exp. (216 salaries)

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₹8.7 L/yr - ₹28.5 L/yr

arrow icon 72% more
2 job openings
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RBL Bank Product Manager Salary

1 - 7 years exp. (156 salaries)

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₹6.3 L/yr - ₹23 L/yr

arrow icon 28% more
1 job opening
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IIFL Finance Product Manager Salary

0 - 5 years exp. (76 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 52% more
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Aditya Birla Capital Product Manager Salary

1 - 5 years exp. (71 salaries)

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₹10 L/yr - ₹27 L/yr

arrow icon 60% more
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Shriram Finance Product Manager Salary

4 - 16 years exp. (56 salaries)

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₹2.2 L/yr - ₹9.7 L/yr

arrow icon 54% less
1 job opening
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HDB Financial Services Product Manager Salary

3 - 14 years exp. (16 salaries)

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₹6.3 L/yr - ₹19 L/yr

arrow icon 30% more
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Poonawalla Fincorp Product Manager Salary

1 - 4 years exp. (16 salaries)

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₹6 L/yr - ₹18.5 L/yr

arrow icon 5% more
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Muthoot Fincorp Product Manager Salary

1 - 7 years exp. (13 salaries)

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₹6 L/yr - ₹18.1 L/yr

arrow icon 2% less
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Capri Global Capital Product Manager Salary

3 - 7 years exp. (12 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 81% more
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Aavas Financiers Product Manager Salary

1 - 8 years exp. (13 salaries)

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₹4.7 L/yr - ₹11.8 L/yr

arrow icon 22% less
1 job opening
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SMFG India Credit Product Manager Salary

0 - 8 years exp. (12 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 55% more
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Sundaram Finance Product Manager Salary

5 - 20 years exp. (15 salaries)

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₹7.4 L/yr - ₹19.4 L/yr

arrow icon 25% more
View all
Product Manager salary at L&T Finance ranges between ₹5 Lakhs to ₹18.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 221 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance Product Manager

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Experience wise L&T Finance Product Manager salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
Fresher  (11 salaries)

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₹6.5 L/yr - ₹11.2 L/yr
1 year  (54 salaries)

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₹5 L/yr - ₹14.7 L/yr
2 years  (58 salaries)

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₹5 L/yr - ₹16.8 L/yr
3 years  (41 salaries)

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₹6.2 L/yr - ₹18 L/yr
4 years  (34 salaries)

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₹7.1 L/yr - ₹18 L/yr
View all

Similar Designation salaries in L&T Finance

Project Manager Salary
(13 salaries)
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₹6 L/yr - ₹14.16 L/yr
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₹6.25 L/yr - ₹11 L/yr
Product Owner Salary
(AmbitionBox Estimate)
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₹40.5 L/yr - ₹51.7 L/yr
Program Manager Salary
(AmbitionBox Estimate)
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₹41.4 L/yr - ₹52.9 L/yr
Product Lead Salary
(10 salaries)
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₹24 L/yr - ₹31 L/yr
Deputy Manager Salary
(6 salaries)
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₹7 L/yr - ₹9 L/yr
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₹10.26 L/yr - ₹29 L/yr
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₹13.6 L/yr - ₹18 L/yr
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₹10.98 L/yr - ₹21.48 L/yr
Associate Product Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Top skills at L&T Finance for Product Manager

Product Management IT Project Management Btl

Salary related reviews for L&T Finance

3.0

Rated by 20 employees for salary & benefits

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.

read more
  • 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.

read more
  • Salary - Poor
  • +2 more

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.

read more

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.

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Work-life balance - Good

Dislikes

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

read more
  • Skill development - Poor
  • +4 more

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

read more
  • 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.

read more
  • Promotions - Poor

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.

read more
  • Job security - Bad
  • +4 more
see more salary related reviews

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L&T Finance Product Manager Salary FAQs

What is the salary of Product Manager at L&T Finance ?
The average salary of a Product Manager at L&T Finance in India typically ranges from ₹5.0 Lakhs to ₹18.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Product Manager at L&T Finance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹18.1 Lakhs per year. Product Manager 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 200+ L&T Finance employees in India.
What is the estimated take home salary of a Product Manager at L&T Finance in India?
The estimated take-home salary of a Product Manager at L&T Finance in India typically ranges from ₹76,765 to ₹78,756 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from Fresher to 6 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 200+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Product Manager at L&T Finance ?
To be a Product Manager at L&T Finance in india, the key skills required include:

  • - Product Management
  • - IT Project Management
  • - Btl

These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than L&T Finance for Product Manager in India?
Mahindra Finance ₹9.3 Lakhs to ₹34.2 Lakhs per year
Aditya Birla Finance ₹9.0 Lakhs to ₹35.6 Lakhs per year
Capri Global Capital ₹10.0 Lakhs to ₹28.0 Lakhs per year
Manappuram Finance ₹18.0 Lakhs to ₹21.0 Lakhs per year
Yes Bank ₹8.7 Lakhs to ₹28.5 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 Manager in companies similar to L&T Finance in India?
The salary of a Product Manager at companies similar to L&T Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹7.4 Lakhs to ₹27.1 Lakhs per year
Aditya Birla Capital ₹10.0 Lakhs to ₹27.0 Lakhs per year
Axis Bank ₹7.0 Lakhs to ₹25.9 Lakhs per year
SMFG India Credit ₹8.0 Lakhs to ₹25.0 Lakhs per year
Sammaan Capital Limited ₹7.4 Lakhs to ₹25.8 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 Manager at L&T Finance in India?
The salary growth for a Product Manager at L&T Finance depends on factors such as experience, performance, and promotions. On average, a Product Manager can expect the following growth trajectory at L&T Finance:

Experience Average Salary Range
Fresher ₹6.5 Lakhs to ₹11.2 Lakhs per year
1 year ₹5.0 Lakhs to ₹14.7 Lakhs per year
2 years ₹5.0 Lakhs to ₹16.8 Lakhs per year
3 years ₹6.2 Lakhs to ₹18.0 Lakhs per year
and so on.

Tell us how to improve this page.

L&T Finance Product Manager salary in India ranges between ₹5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 221 L&T Finance latest salaries received from various employees of L&T Finance.