L&T Finance New Delhi Product Manager Salaries by 10 Employees

1 - 5 years exp.

₹7.8 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Product Manager Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Product Management Product Manager Salary 1 - 5 years exp. (5 salaries)	₹7.8 L/yr - ₹15 L/yr
Finance & Accounting Product Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹14 L/yr
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Data Science & Analytics Product Manager Salary 1 year exp. (AmbitionBox Estimate)	₹9.1 L/yr - ₹14.1 L/yr

Last Updated: 31 Jul 2024

Companies similar to L&T Finance for Product Manager in New Delhi

L&T Finance Product Manager Salary

1 - 5 years exp. (10 salaries)

₹7.8 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Product Manager Salary 0 - 6 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 31% more
Capri Global Capital Product Manager Salary 3 - 7 years exp. (6 salaries)	₹15 L/yr - ₹28 L/yr 66% more
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PNB Housing Finance Product Manager Salary 5 - 6 years exp. (3 salaries)	₹9.2 L/yr - ₹10.5 L/yr 19% less
Shriram Finance Product Manager Salary 6 - 9 years exp. (3 salaries)	₹3.6 L/yr - ₹5.7 L/yr 59% less
ICICI Bank Product Manager Salary 0 - 10 years exp. (126 salaries)	₹8.1 L/yr - ₹30 L/yr 66% more

Product Manager salary at L&T Finance ranges between ₹7.8 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 10 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Product Manager salaries in New Delhi

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹8.3 L/yr - ₹10 L/yr
2 years (3 salaries)	₹7.8 L/yr - ₹18.6 L/yr
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3 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
4 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
5 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr

Similar Designation salaries in L&T Finance

Team Manager Salary

(7 salaries)

₹9.8 L/yr - ₹27 L/yr

Business Executive Salary

(7 salaries)

₹2.85 L/yr - ₹3.6 L/yr

FLO Salary

(4 salaries)

₹1.55 L/yr - ₹2.34 L/yr

Top skills at L&T Finance for Product Manager

Product Management IT Project Management Btl

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T Finance Product Manager Salary FAQs

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

The average salary of a Product Manager at L&T Finance in New Delhi typically ranges from ₹7.8 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 5 years).

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

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

The estimated take-home salary of a Product Manager at L&T Finance in New Delhi typically ranges from ₹83,780 to ₹85,970 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 10 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 New Delhi?

To be a Product Manager at L&T Finance in New Delhi, 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?

ICICI Bank	₹8.1 Lakhs to ₹30.0 Lakhs per year
Capri Global Capital	₹15.0 Lakhs to ₹28.0 Lakhs per year
IIFL Finance	₹9.0 Lakhs to ₹18.0 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 New Delhi?

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

PNB Housing Finance	₹9.2 Lakhs to ₹10.5 Lakhs per year
Shriram Finance	₹3.6 Lakhs to ₹5.7 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 New Delhi?

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

Experience	Average Salary Range
1 year	₹8.3 Lakhs to ₹10.0 Lakhs per year
2 years	₹7.8 Lakhs to ₹18.6 Lakhs per year
3 years	₹10.2 Lakhs to ₹13.0 Lakhs per year
4 years	₹11.0 Lakhs to ₹14.1 Lakhs per year

and so on.

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L&T Finance Product Manager Salaries in New Delhi

L&T Finance Product Manager salary in New Delhi ranges between ₹7.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 L&T Finance latest salaries received from various employees of L&T Finance.