L&T Finance Product Manager Salaries by 200+ Employees (Updated 2025)

1 - 6 years exp.

₹5 Lakhs - ₹18 Lakhs

Salary of majority employees

45% less than the average Product Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Product Management Product Manager Salary 1 - 6 years exp. (108 salaries)	₹5 L/yr - ₹21.6 L/yr
BFSI, Investments & Trading Product Manager Salary 2 - 5 years exp. (13 salaries)	₹10 L/yr - ₹18.3 L/yr
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Marketing & Communication Product Manager Salary 1 - 5 years exp. (10 salaries)	₹6.2 L/yr - ₹12 L/yr
Data Science & Analytics Product Manager Salary 1 - 6 years exp. (8 salaries)	₹6.6 L/yr - ₹12.5 L/yr
Finance & Accounting Product Manager Salary 1 - 2 years exp. (5 salaries)	₹5.3 L/yr - ₹15.6 L/yr

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Last Updated: 2 Mar 2025

Companies similar to L&T Finance for Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 14 years exp. (754 salaries)	₹6 L/yr - ₹25 L/yr 24% more
ICICI Bank Product Manager Salary 0 - 10 years exp. (3k salaries)	₹7.2 L/yr - ₹27.2 L/yr 45% more
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Axis Bank Product Manager Salary 1 - 10 years exp. (553 salaries)	₹8 L/yr - ₹26.2 L/yr 43% more
Kotak Mahindra Bank Product Manager Salary 0 - 10 years exp. (574 salaries)	₹6.5 L/yr - ₹25 L/yr 25% more	1 job opening
Bajaj Finance Product Manager Salary 2 - 7 years exp. (209 salaries)	₹6 L/yr - ₹25 L/yr 22% more
Tata Capital Product Manager Salary 0 - 3 years exp. (98 salaries)	₹7 L/yr - ₹22 L/yr 32% more
Mahindra Finance Product Manager Salary 1 - 10 years exp. (17 salaries)	₹9.3 L/yr - ₹31.5 L/yr 47% more	1 job opening
Aditya Birla Finance Product Manager Salary 2 - 9 years exp. (48 salaries)	₹9 L/yr - ₹35.6 L/yr 67% more
Yes Bank Product Manager Salary 0 - 10 years exp. (215 salaries)	₹7.2 L/yr - ₹27 L/yr 48% more	3 job openings
RBL Bank Product Manager Salary 1 - 12 years exp. (165 salaries)	₹6.5 L/yr - ₹22.1 L/yr 12% more	2 job openings
IIFL Finance Product Manager Salary 0 - 5 years exp. (75 salaries)	₹7 L/yr - ₹24.5 L/yr 34% more
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Aditya Birla Capital Product Manager Salary 0 - 5 years exp. (62 salaries)	₹10 L/yr - ₹30.3 L/yr 44% more
Shriram Finance Product Manager Salary 5 - 16 years exp. (47 salaries)	₹2.2 L/yr - ₹9.4 L/yr 58% less	1 job opening
HDB Financial Services Product Manager Salary 3 - 14 years exp. (16 salaries)	₹6.3 L/yr - ₹19 L/yr 17% more
Poonawalla Fincorp Product Manager Salary 1 - 4 years exp. (16 salaries)	₹6 L/yr - ₹18.5 L/yr 6% less
Muthoot Fincorp Product Manager Salary 1 - 7 years exp. (13 salaries)	₹6 L/yr - ₹19 L/yr 4% less
Capri Global Capital Product Manager Salary 3 - 7 years exp. (12 salaries)	₹10 L/yr - ₹28 L/yr 63% more
Aavas Financiers Product Manager Salary 1 - 9 years exp. (12 salaries)	₹4.7 L/yr - ₹9 L/yr 32% less	1 job opening
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 40% more
Sundaram Finance Product Manager Salary 8 - 20 years exp. (12 salaries)	₹8.1 L/yr - ₹19.4 L/yr 26% more

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Product Manager salary at L&T Finance ranges between ₹5 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 219 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Product Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
1 year (54 salaries)	₹5 L/yr - ₹15.6 L/yr
2 years (59 salaries)	₹6.2 L/yr - ₹17.5 L/yr
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3 years (44 salaries)	₹6.2 L/yr - ₹18 L/yr
4 years (38 salaries)	₹7.1 L/yr - ₹21.6 L/yr
5 years (18 salaries)	₹7.5 L/yr - ₹18.3 L/yr
6 years (6 salaries)	₹7.2 L/yr - ₹15 L/yr

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Similar Designation salaries in L&T Finance

Project Manager Salary

(13 salaries)

₹6 L/yr - ₹14.16 L/yr

Production Manager Salary

(5 salaries)

₹6.25 L/yr - ₹11 L/yr

Product Owner Salary

(AmbitionBox Estimate)

₹40.5 L/yr - ₹51.7 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹41.4 L/yr - ₹52.9 L/yr

Product Lead Salary

(10 salaries)

₹24 L/yr - ₹31 L/yr

Deputy Manager Salary

(6 salaries)

₹7 L/yr - ₹9 L/yr

Senior Product Manager Salary

(40 salaries)

₹8.66 L/yr - ₹29 L/yr

Digital Product Manager Salary

(4 salaries)

₹13.6 L/yr - ₹18 L/yr

Senior Project Manager Salary

(5 salaries)

₹10.98 L/yr - ₹21.48 L/yr

Associate Product Manager Salary

(AmbitionBox Estimate)

₹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

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

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

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Salary Discussions, Hike & Promotions

1w (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 Product Manager Salary FAQs

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

Product Manager salary at L&T Finance in India ranges between ₹5.0 Lakhs to ₹18.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 45% less than the average Product Manager Salary in India. Salary estimates are based on 219 latest salaries received from various employees of L&T Finance India.

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

The average salary of a Product Manager at L&T Finance is 45% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Product Manager at L&T Finance?

Product Management, IT Project Management and Btl are some of the popular skills required to work as a Product Manager at L&T Finance India.

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

Aditya Birla Finance Product Manager Salary - ₹9.0 Lakhs to ₹35.6 Lakhs per year
Capri Global Capital Product Manager Salary - ₹10.0 Lakhs to ₹28.0 Lakhs per year
Manappuram Finance Product Manager Salary - ₹18.0 Lakhs to ₹21.0 Lakhs per year
Yes Bank Product Manager Salary - ₹7.2 Lakhs to ₹27.0 Lakhs per year
Mahindra Finance Product Manager Salary - ₹9.3 Lakhs to ₹31.5 Lakhs per year

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

ICICI Bank Product Manager Salary - ₹7.2 Lakhs to ₹27.2 Lakhs per year
Aditya Birla Capital Product Manager Salary - ₹10.0 Lakhs to ₹30.3 Lakhs per year
Axis Bank Product Manager Salary - ₹8.0 Lakhs to ₹26.2 Lakhs per year
SMFG India Credit Product Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
Sammaan Capital Limited Product Manager Salary - ₹7.4 Lakhs to ₹25.8 Lakhs per year

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 ranges between ₹84,821 per month to ₹87,040 per month in India. The take-home salary calculation is based on the average L&T Finance Product Manager salary in India which ranges between ₹5.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 81% of the L&T Finance Product Managers reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 108 responses on AmbitionBox in last 2 years.

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L&T Finance Product Manager Salaries

L&T Finance Product Manager salary in India ranges between ₹5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 219 L&T Finance latest salaries received from various employees of L&T Finance.

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

Companies similar to L&T Finance for Product Manager

Latest annual salaries shared by L&T Finance Product Manager

Experience wise L&T Finance Product Manager salaries

Similar Designation salaries in L&T Finance

Top skills at L&T Finance for Product Manager

Salary related reviews for L&T Finance

Product Manager in Mumbai

Product Manager in Mumbai

Senior Manager in Mumbai

Team Manager in Mumbai

Branch Manager in Madhubani

L&T Finance Product Manager Salary FAQs

Tell us how to improve this page.

L&T Finance Product Manager Salaries by Location