L&T Finance Mumbai Product Manager Salaries by 100+ Employees (Updated 2025)

0 - 6 years exp.

₹5 Lakhs - ₹21.6 Lakhs

Salary of majority employees

Fixed (86%)

₹10.4 Lakhs

Variable (14%)

₹1.6 Lakh

41% 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. (101 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. (6 salaries)	₹6.6 L/yr - ₹12.5 L/yr
Finance & Accounting Product Manager Salary 1 year exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹15.6 L/yr

Last Updated: 18 Feb 2025

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

L&T Finance Product Manager Salary

0 - 6 years exp. (185 salaries)

₹5 L/yr - ₹21.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 12 years exp. (585 salaries)	₹6 L/yr - ₹25 L/yr 22% more
ICICI Bank Product Manager Salary 0 - 10 years exp. (2k salaries)	₹7.5 L/yr - ₹27 L/yr 44% more
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Axis Bank Product Manager Salary 1 - 10 years exp. (425 salaries)	₹8 L/yr - ₹27.2 L/yr 38% more
Kotak Mahindra Bank Product Manager Salary 0 - 10 years exp. (405 salaries)	₹6.2 L/yr - ₹25 L/yr 23% more	1 job opening
Bajaj Finance Product Manager Salary 2 - 7 years exp. (10 salaries)	₹7.6 L/yr - ₹31.5 L/yr 48% more
Tata Capital Product Manager Salary 0 - 4 years exp. (64 salaries)	₹7.5 L/yr - ₹22 L/yr 29% more	1 job opening
Mahindra Finance Product Manager Salary 1 - 10 years exp. (14 salaries)	₹9.3 L/yr - ₹32 L/yr 53% more	1 job opening
Aditya Birla Finance Product Manager Salary 2 - 9 years exp. (45 salaries)	₹9 L/yr - ₹37 L/yr 72% more
Yes Bank Product Manager Salary 0 - 10 years exp. (189 salaries)	₹8.6 L/yr - ₹28 L/yr 52% more	2 job openings
RBL Bank Product Manager Salary 1 - 13 years exp. (70 salaries)	₹6.3 L/yr - ₹23.1 L/yr 9% more	1 job opening
Aditya Birla Capital Product Manager Salary 1 - 7 years exp. (50 salaries)	₹10 L/yr - ₹34 L/yr 57% more
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IIFL Finance Product Manager Salary 0 - 6 years exp. (29 salaries)	₹7.5 L/yr - ₹24.5 L/yr 21% more
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 39% more
Kotak Mahindra Prime Product Manager Salary 2 - 12 years exp. (9 salaries)	₹6.3 L/yr - ₹14.3 L/yr 27% less
Tata Capital Housing Finance Product Manager Salary 0 - 6 years exp. (9 salaries)	₹6.5 L/yr - ₹15.9 L/yr 9% less
Mahindra Rural Housing Finance Product Manager Salary 1 - 5 years exp. (7 salaries)	₹8 L/yr - ₹29.2 L/yr 39% more
HDB Financial Services Product Manager Salary 3 - 13 years exp. (6 salaries)	₹9.6 L/yr - ₹19 L/yr 17% more
Sammaan Capital Limited Product Manager Salary 3 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹20 L/yr 4% less
Capri Global Capital Product Manager Salary 3 - 7 years exp. (4 salaries)	₹10 L/yr - ₹14 L/yr 1% more
Reliance Capital Product Manager Salary 2 - 7 years exp. (3 salaries)	₹13 L/yr - ₹18 L/yr 22% more

View all

Product Manager salary at L&T Finance ranges between ₹5 Lakhs to ₹21.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 185 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Product Manager salaries in Mumbai

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	₹6.6 L/yr - ₹11.2 L/yr
1 year (44 salaries)	₹5 L/yr - ₹15.6 L/yr
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2 years (47 salaries)	₹6.2 L/yr - ₹17.5 L/yr
3 years (35 salaries)	₹7 L/yr - ₹18 L/yr
4 years (34 salaries)	₹7.1 L/yr - ₹21.6 L/yr
5 years (13 salaries)	₹7.5 L/yr - ₹18.3 L/yr
6 years (4 salaries)	₹12.5 L/yr - ₹15 L/yr

View all

Similar Designation salaries in L&T Finance

Senior Product Manager Salary

(37 salaries)

₹8 L/yr - ₹28 L/yr

Project Manager Salary

(13 salaries)

₹6 L/yr - ₹14.16 L/yr

Product Lead Salary

(8 salaries)

₹24 L/yr - ₹31 L/yr

Senior Project Manager Salary

(5 salaries)

₹10.98 L/yr - ₹16 L/yr

Digital Product Manager Salary

(4 salaries)

₹13.6 L/yr - ₹18.1 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 17 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

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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Top trending discussions

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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 Manager Salary FAQs

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

Product Manager salary at L&T Finance in Mumbai ranges between ₹5.0 Lakhs to ₹21.6 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 41% less than the average Product Manager Salary in India. Salary estimates are based on 185 latest salaries received from various employees of L&T Finance Mumbai.

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

The average salary of a Product Manager at L&T Finance is 41% less than the average salary of a Product Manager in Mumbai. 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 Mumbai.

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

Aditya Birla Finance Product Manager Salary - ₹9.0 Lakhs to ₹37.0 Lakhs per year
Manappuram Finance Product Manager Salary - ₹18.9 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital Product Manager Salary - ₹10.0 Lakhs to ₹34.0 Lakhs per year
Mahindra Finance Product Manager Salary - ₹9.3 Lakhs to ₹32.0 Lakhs per year
Yes Bank Product Manager Salary - ₹8.6 Lakhs to ₹28.0 Lakhs per year

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

Bajaj Finance Product Manager Salary - ₹7.6 Lakhs to ₹31.5 Lakhs per year
ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Mahindra Rural Housing Finance Product Manager Salary - ₹8.0 Lakhs to ₹29.2 Lakhs per year
SMFG India Credit Product Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
Axis Bank Product Manager Salary - ₹8.0 Lakhs to ₹27.2 Lakhs per year

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

The estimated take-home salary of a Product Manager at L&T Finance ranges between ₹85,641 per month to ₹87,883 per month in Mumbai. 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 ₹21.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 82% of the L&T Finance Product Managers in Mumbai 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 98 responses on AmbitionBox in last 2 years.

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L&T Finance Product Manager Salaries in Mumbai

L&T Finance Product Manager salary in Mumbai ranges between ₹5 Lakhs to ₹21.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 185 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance Product Manager salaries in Mumbai

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

Latest annual salaries shared by L&T Finance Product Manager in Mumbai

Experience wise L&T Finance Product Manager salaries in Mumbai

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

Team Manager in Mumbai

Branch Manager in Madhubani

Regional Process Manager in Kolkata

L&T Finance Product Manager Salary FAQs

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