L&T Finance Chennai Regional Credit Manager Salaries by 5 Employees

10 - 16 years exp.

₹20.2 Lakhs - ₹23.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% more than the average Regional Credit Manager Salary in NBFC Companies for 10 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Credit Manager Salary 13 - 16 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹26.9 L/yr
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Risk Management & Compliance Regional Credit Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹17.8 L/yr - ₹21.6 L/yr

Last Updated: 8 Feb 2024

Companies similar to L&T Finance for Regional Credit Manager in Chennai

L&T Finance Regional Credit Manager Salary

10 - 16 years exp. (5 salaries)

₹20.2 L/yr - ₹23.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Poonawalla Fincorp Regional Credit Manager Salary 11 - 18 years exp. (6 salaries)	₹23 L/yr - ₹31 L/yr 11% more
ICICI Bank Regional Credit Manager Salary 3 - 14 years exp. (21 salaries)	₹6.7 L/yr - ₹24 L/yr 38% less
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Yes Bank Regional Credit Manager Salary 10 - 17 years exp. (7 salaries)	₹11.2 L/yr - ₹32 L/yr 8% less
Tata Capital Regional Credit Manager Salary 14 - 20 years exp. (6 salaries)	₹22 L/yr - ₹35 L/yr 14% more	1 job opening
Aditya Birla Finance Regional Credit Manager Salary 11 - 15 years exp. (5 salaries)	₹15 L/yr - ₹21.9 L/yr 26% less

Regional Credit Manager salary at L&T Finance ranges between ₹20.2 Lakhs to ₹23.8 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Regional Credit Manager salaries in Chennai

Last Updated: 8 Feb 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr
11 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹26.2 L/yr
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12 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.4 L/yr
13 years (AmbitionBox Estimate)	₹20.9 L/yr - ₹26.7 L/yr
14 years (AmbitionBox Estimate)	₹21.1 L/yr - ₹27 L/yr
15+ years (AmbitionBox Estimate)	₹21.9 L/yr - ₹28 L/yr

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Similar Designation salaries in L&T Finance

Area Credit Manager Salary

(8 salaries)

₹11.85 L/yr - ₹14.19 L/yr

Credit Manager Salary

(4 salaries)

₹4.83 L/yr - ₹9.8 L/yr

Branch Credit Manager Salary

(3 salaries)

₹4.5 L/yr - ₹5.1 L/yr

Salary related reviews for L&T Finance

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

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

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Salary - Good

+1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Job security - Poor

+1 more

Branch Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Jan 2023

4.0

for Salary and Benefits

Likes

If you work well the company give quik promotion and good salary, Company s salary good but , benifits very worst

Salary - Good

+1 more

Dislikes

Hr benifits very worst, the higher or reporting manager are very worst people most. They like personal vanchens only.The company like employees benefits, but the reporting manager are don't care about employees benefits.communication lag in hr and employees, hr support only Regional manager concern about employees.No benifits for work this. Organisation.

Job security - Bad

+1 more

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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 Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at L&T Finance in Chennai?

The average salary of a Regional Credit Manager at L&T Finance in Chennai typically ranges from ₹20.2 Lakhs to ₹23.8 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Regional Credit Manager in Chennai at L&T Finance earn more than ₹23.8 Lakhs per year, and the top 1% earn over ₹23.8 Lakhs per year. Regional Credit 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 5 L&T Finance employees in India.

What is the estimated take home salary of a Regional Credit Manager at L&T Finance in Chennai?

The estimated take-home salary of a Regional Credit Manager at L&T Finance in Chennai typically ranges from ₹1,51,577 to ₹1,57,294 per month. This is based on the average salary range of ₹20.2 Lakhs to ₹23.8 Lakhs per year for employees with experience ranging from 10 years to 16 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 5 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Finance for Regional Credit Manager in India?

Tata Capital	₹22.0 Lakhs to ₹35.0 Lakhs per year
Poonawalla Fincorp	₹23.0 Lakhs to ₹31.0 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 Regional Credit Manager in companies similar to L&T Finance in Chennai?

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

Yes Bank	₹11.2 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Finance	₹15.0 Lakhs to ₹21.9 Lakhs per year
ICICI Bank	₹6.7 Lakhs to ₹24.0 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 Regional Credit Manager at L&T Finance in Chennai?

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

Experience	Average Salary Range
10 years	₹20.3 Lakhs to ₹25.9 Lakhs per year
11 years	₹20.5 Lakhs to ₹26.2 Lakhs per year
12 years	₹20.7 Lakhs to ₹26.4 Lakhs per year
13 years	₹20.9 Lakhs to ₹26.7 Lakhs per year

and so on.

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L&T Finance Regional Credit Manager Salaries in Chennai

L&T Finance Regional Credit Manager salary in Chennai ranges between ₹20.2 Lakhs to ₹23.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.