L&T Finance Salem Salaries by 20+ Employees

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Designation	Avg Annual Salary	Open Jobs
Territory Manager 8 - 13 years exp. · Salem (7 salaries)	₹6.2 L/yr - ₹10 L/yr
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Senior risk manager 6 - 8 years exp. · Salem (5 salaries)	₹3.4 L/yr - ₹5.2 L/yr
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Regional Manager 9 - 13 years exp. · Salem (3 salaries)	₹9.1 L/yr - ₹20 L/yr
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Senior Regional Manager 12 - 15 years exp. · Salem (AmbitionBox Estimate)	₹30 L/yr - ₹33.2 L/yr
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LAW Officer 2 - 3 years exp. · Salem (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.3 L/yr
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Regional Collection Manager 16 - 17 years exp. · Salem (AmbitionBox Estimate)	₹17.9 L/yr - ₹22 L/yr
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Assistant Manager Risk Management 7 - 9 years exp. · Salem (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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RCU 5 years exp. · Salem (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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Branch Sales Manager 2 years exp. · Salem (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
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Finance Assistant 2 years exp. · Salem (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Collection Staff 5 years exp. · Salem (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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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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Salary related reviews for L&T Finance

4.5

Rated by 9 employees for salary & benefits

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

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

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L&T Finance interview questions by designations

Sales Officer (8)Frontline Officer (7)Collection Officer (7)Area Collection Manager (6)

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Know more about L&T Finance Salem

L&T Finance Salary FAQs

How much does L&T Finance pay to its employees?

The average annual salary at L&T Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at L&T Finance, are as follows:

Territory Manager	₹6.2 Lakhs to ₹10 Lakhs per year
Senior risk manager	₹3.4 Lakhs to ₹5.2 Lakhs per year
Regional Manager	₹9.1 Lakhs to ₹20 Lakhs per year
Senior Regional Manager	₹30 Lakhs to ₹33.2 Lakhs per year

The highest-paying role, Business Head, earns between ₹98 Lakhs to ₹1.2 Crore per year. The top 10% of employees earn more than ₹19.2 Lakhs per year, and the top 1% earn over ₹56 Lakhs per year. 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 salary estimates are based on data from 27 salaries submitted by L&T Finance employees. L&T Finance is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at L&T Finance in Salem?

The salary of a fresher at L&T Finance in Salem typically ranges from ₹1.5 Lakh to ₹9 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Frontline Officer Salary	₹1.2 Lakhs to ₹3 Lakhs per year
Fresher as a Sales Officer Salary	₹1.4 Lakhs to ₹3 Lakhs per year
Fresher as a Finance Executive Salary	₹1.1 Lakhs to ₹2.5 Lakhs per year
Fresher as a Collection Officer Salary	₹1.4 Lakhs to ₹2.5 Lakhs per year

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Average annual salary in L&T Finance , Salem is INR . Salary estimates are based on 20+ L&T Finance latest salaries received from various employees of L&T Finance.