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

0 - 6 years exp.

₹5 Lakhs - ₹18 Lakhs

Salary of majority employees

44% less than the average Product Manager Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Product Management Product Manager Salary 0 - 6 years exp. (102 salaries)	₹5 L/yr - ₹21 L/yr
BFSI, Investments & Trading Product Manager Salary 2 - 5 years exp. (13 salaries)	₹10 L/yr - ₹18.3 L/yr
Login to view exact salary
Marketing & Communication Product Manager Salary 1 - 5 years exp. (9 salaries)	₹6.2 L/yr - ₹12 L/yr
Data Science & Analytics Product Manager Salary 1 - 6 years exp. (5 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: 15 Mar 2025

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

L&T Finance Product Manager Salary

0 - 6 years exp. (191 salaries)

₹5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Product Manager Salary 0 - 6 years exp. (27 salaries)	₹7.5 L/yr - ₹24.5 L/yr 32% more
Mahindra Finance Product Manager Salary 2 - 10 years exp. (15 salaries)	₹9.3 L/yr - ₹35.1 L/yr 80% more
Login to view exact salary
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 45% more
Kotak Mahindra Prime Product Manager Salary 1 - 9 years exp. (10 salaries)	₹6.1 L/yr - ₹11 L/yr 33% less
Ugro Capital Product Manager Salary 1 - 7 years exp. (10 salaries)	₹4.8 L/yr - ₹13.3 L/yr 1% less
Tata Capital Housing Finance Product Manager Salary 0 - 6 years exp. (9 salaries)	₹6.5 L/yr - ₹15.9 L/yr 4% less
Mahindra Rural Housing Finance Product Manager Salary 1 - 5 years exp. (5 salaries)	₹8 L/yr - ₹27.9 L/yr 40% more
Capri Global Capital Product Manager Salary 3 - 8 years exp. (5 salaries)	₹10 L/yr - ₹14 L/yr 9% more
Sammaan Capital Limited Product Manager Salary 3 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹20 L/yr 1% more
Shriram Finance Product Manager Salary 8 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹11 L/yr 45% less	1 job opening
Manappuram Finance Product Manager Salary 3 - 4 years exp. (3 salaries)	₹18.9 L/yr - ₹20 L/yr 68% more
Login to view exact salary

Product Manager salary at L&T Finance ranges between ₹5 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 191 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Product Manager salaries in Mumbai

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
Fresher (9 salaries)	₹6.6 L/yr - ₹11.2 L/yr
1 year (47 salaries)	₹5 L/yr - ₹15.6 L/yr
Login to view exact salary
2 years (48 salaries)	₹6.2 L/yr - ₹18.5 L/yr
3 years (37 salaries)	₹6.2 L/yr - ₹20.3 L/yr
4 years (31 salaries)	₹7.1 L/yr - ₹18 L/yr
5 years (14 salaries)	₹8.7 L/yr - ₹18.3 L/yr
6 years (5 salaries)	₹12.5 L/yr - ₹15 L/yr

View all

Similar Designation salaries in L&T Finance

Senior Product Manager Salary

(38 salaries)

₹8.57 L/yr - ₹28.9 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 - ₹21.28 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

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

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about L&T Finance?

Ask anonymously on communities.

L&T Finance Product Manager Salary FAQs

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

The average salary of a Product Manager at L&T Finance in Mumbai typically ranges from ₹5.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Product Manager in Mumbai at L&T Finance earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹18.4 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 100+ L&T Finance employees in India.

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 in Mumbai typically ranges from ₹81,657 to ₹83,786 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹18.0 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 100+ 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 in Mumbai?

To be a Product Manager at L&T Finance in Mumbai, 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 ₹35.1 Lakhs per year
Manappuram Finance	₹18.9 Lakhs to ₹20.0 Lakhs per year
SMFG India Credit	₹8.0 Lakhs to ₹25.0 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹27.9 Lakhs per year
IIFL Finance	₹7.5 Lakhs to ₹24.5 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 Mumbai?

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

Capri Global Capital	₹10.0 Lakhs to ₹14.0 Lakhs per year
Sammaan Capital Limited	₹3.3 Lakhs to ₹20.0 Lakhs per year
Ugro Capital	₹4.8 Lakhs to ₹13.3 Lakhs per year
Tata Capital Housing Finance	₹6.5 Lakhs to ₹15.9 Lakhs per year
Kotak Mahindra Prime	₹6.1 Lakhs to ₹11.0 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 Mumbai?

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

Experience	Average Salary Range
Fresher	₹6.6 Lakhs to ₹11.2 Lakhs per year
1 year	₹5.0 Lakhs to ₹15.6 Lakhs per year
2 years	₹6.2 Lakhs to ₹18.5 Lakhs per year
3 years	₹6.2 Lakhs to ₹20.3 Lakhs per year

and so on.

Tell us how to improve this page.

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

L&T Finance Product Manager salary in Mumbai ranges between ₹5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 191 L&T Finance latest salaries received from various employees of L&T Finance.

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

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

Sales Executive in Chandigarh

Assistant Manager in Coimbatore

Branch Manager in Hanwada

L&T Finance Product Manager Salary FAQs

Tell us how to improve this page.