L&T Finance Mumbai Senior Associate Salaries by 4 Employees

1 - 8 years exp.

₹2 Lakhs - ₹6.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% less than the average Senior Associate Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹4.5 L/yr
Engineering - Software & QA Senior Associate Salary 8 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.7 L/yr
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Finance & Accounting Senior Associate Salary 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.2 L/yr

Last Updated: 14 Mar 2023

Companies similar to L&T Finance for Senior Associate in Mumbai

L&T Finance Senior Associate Salary

1 - 8 years exp. (4 salaries)

₹2 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Sundaram Finance Senior Associate Salary 2 - 4 years exp. (6 salaries)	₹1.6 L/yr - ₹3.2 L/yr 33% less
SS&C TECHNOLOGIES Senior Associate Salary 0 - 8 years exp. (2.2k salaries)	₹2.4 L/yr - ₹10 L/yr 51% more	16 job openings
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WNS Senior Associate Salary 0 - 9 years exp. (1.5k salaries)	₹1.5 L/yr - ₹7.5 L/yr 1% less	9 job openings
PwC Senior Associate Salary 0 - 12 years exp. (1.3k salaries)	₹8 L/yr - ₹31.4 L/yr 321% more	756 job openings
TCS Senior Associate Salary 0 - 14 years exp. (1.2k salaries)	₹2 L/yr - ₹7.5 L/yr 10% more

Senior Associate salary at L&T Finance ranges between ₹2 Lakhs to ₹6.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Associate salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in L&T Finance

Team Lead Salary

(33 salaries)

₹6.34 L/yr - ₹16.84 L/yr

Software Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹7.76 L/yr

Salary related reviews for L&T Finance

2.0

Rated by 1 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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Top trending discussions

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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 Senior Associate Salary FAQs

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

The average salary of a Senior Associate at L&T Finance in Mumbai typically ranges from ₹2.0 Lakhs to ₹6.7 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Senior Associate in Mumbai at L&T Finance earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹6.7 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 4 L&T Finance employees in India.

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

The estimated take-home salary of a Senior Associate at L&T Finance in Mumbai typically ranges from ₹32,722 to ₹33,996 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.7 Lakhs per year for employees with experience ranging from 1 year to 8 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 4 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?

PwC	₹8.0 Lakhs to ₹31.4 Lakhs per year
SS&C TECHNOLOGIES	₹2.4 Lakhs to ₹10.0 Lakhs per year
TCS	₹2.0 Lakhs to ₹7.5 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 Senior Associate in companies similar to L&T Finance in Mumbai?

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

WNS	₹1.5 Lakhs to ₹7.5 Lakhs per year
Sundaram Finance	₹1.6 Lakhs to ₹3.2 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 Mumbai?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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L&T Finance Senior Associate Salaries in Mumbai

L&T Finance Senior Associate salary in Mumbai ranges between ₹2 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.