L&T Finance Senior Associate Salaries by 6 Employees

1 - 10 years exp.

₹2 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Senior Associate Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Associate Salary 8 - 10 years exp. (3 salaries)	₹5.7 L/yr - ₹10 L/yr
BFSI, Investments & Trading Senior Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
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Finance & Accounting Senior Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹5 L/yr

Last Updated: 9 Jun 2024

Companies similar to L&T Finance for Senior Associate

Company name	Avg Annual Salary	Open Jobs
Sundaram Finance Senior Associate Salary 2 - 9 years exp. (41 salaries)	₹1.6 L/yr - ₹4 L/yr 42% less
Spandana Sphoorty Financial Senior Associate Salary 2 - 6 years exp. (33 salaries)	₹2 L/yr - ₹4.2 L/yr 44% less
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CreditAccess Grameen Senior Associate Salary 0 - 10 years exp. (17 salaries)	₹1.1 L/yr - ₹3.4 L/yr 55% less
LendingKart Senior Associate Salary 3 - 7 years exp. (11 salaries)	₹3.4 L/yr - ₹7 L/yr 6% less
Manappuram Finance Senior Associate Salary 1 - 4 years exp. (6 salaries)	₹2.3 L/yr - ₹3.6 L/yr 43% less
PNB Housing Finance Senior Associate Salary 2 - 6 years exp. (5 salaries)	₹4 L/yr - ₹4.5 L/yr 20% less
Mahindra Finance Senior Associate Salary 4 - 10 years exp. (5 salaries)	₹7.1 L/yr - ₹9.7 L/yr 61% more
TVS Credit Senior Associate Salary 3 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹3.2 L/yr 67% less
Sammaan Capital Limited Senior Associate Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.2 L/yr 45% less
Tata Capital Housing Finance Senior Associate Salary 4 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 28% less
Five-Star Business Finance Senior Associate Salary 2 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹4.8 L/yr 44% less
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Shriram Finance Senior Associate Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 47% less
Poonawalla Fincorp Senior Associate Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr 23% less
Asirvad Microfinance Senior Associate Salary 2 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹5 L/yr 37% less
Kotak Mahindra Prime Senior Associate Salary 2 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹3.6 L/yr 39% less
Muthoot Finance Senior Associate Salary 5 - 12 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 39% less
SMFG India Credit Senior Associate Salary 4 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹4.4 L/yr 20% less

Senior Associate salary at L&T Finance ranges between ₹2 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 6 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Associate salaries

Last Updated: 9 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹7.7 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹8.8 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.7 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹10 L/yr

View all

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Salary related reviews for L&T Finance

4.9

Rated by 3 employees for salary & benefits

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

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

Assistant Talent Acquisition Manager in Ahmedabad

Full Time

Human Resources Department

1.0

• posted on 26 Jun 2024

3.0

for Salary and Benefits

Likes

Salary is on time

Job security - Good

Dislikes

Head managers are from Papu University they don't even know basics of HR. Talking to them in english makes them fumble. Lol the managers they pressure for working even on weekends. Travel with no planning. Don't join this company.

Skill development - Bad

+3 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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L&T Finance Senior Associate Salary FAQs

What is the salary of Senior Associate at L&T Finance ?

The average salary of a Senior Associate at L&T Finance in India typically ranges from ₹2.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Senior Associate at L&T Finance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior Associate 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 6 L&T Finance employees in India.

What is the estimated take home salary of a Senior Associate at L&T Finance in India?

The estimated take-home salary of a Senior Associate at L&T Finance in India typically ranges from ₹39,193 to ₹40,370 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 6 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 Senior Associate in India?

Mahindra Finance

₹7.1 Lakhs to ₹9.7 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 Senior Associate in companies similar to L&T Finance in India?

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

LendingKart	₹3.4 Lakhs to ₹7.0 Lakhs per year
PNB Housing Finance	₹4.0 Lakhs to ₹4.5 Lakhs per year
SMFG India Credit	₹3.8 Lakhs to ₹4.4 Lakhs per year
Poonawalla Fincorp	₹3.6 Lakhs to ₹4.5 Lakhs per year
Tata Capital Housing Finance	₹2.9 Lakhs to ₹5.0 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 Senior Associate at L&T Finance in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹7.7 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
3 years	₹2.5 Lakhs to ₹8.5 Lakhs per year
4 years	₹2.0 Lakhs to ₹8.8 Lakhs per year

and so on.

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L&T Finance Senior Associate Salaries

L&T Finance Senior Associate salary in India ranges between ₹2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 L&T Finance latest salaries received from various employees of L&T Finance.