L&T Finance Senior Manager Salaries by 300+ Employees (Updated 2025)

2 - 13 years exp.

₹8.1 Lakhs - ₹26 Lakhs

Salary of majority employees

Fixed (85%)

₹15.1 Lakhs

Variable (15%)

₹2.6 Lakhs

19% less than the average Senior Manager Salary in NBFC Companies for 2 - 13 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 2 - 13 years exp. (68 salaries)	₹9.7 L/yr - ₹23 L/yr
BFSI, Investments & Trading Senior Manager Salary 3 - 12 years exp. (56 salaries)	₹8.1 L/yr - ₹24.5 L/yr
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Engineering - Software & QA Senior Manager Salary 3 - 13 years exp. (33 salaries)	₹11.5 L/yr - ₹26 L/yr
Data Science & Analytics Senior Manager Salary 2 - 12 years exp. (30 salaries)	₹9.3 L/yr - ₹21 L/yr
IT & Information Security Senior Manager Salary 3 - 11 years exp. (21 salaries)	₹9.4 L/yr - ₹19.5 L/yr

View all

Last Updated: 17 Mar 2025

Companies similar to L&T Finance for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (6.3k salaries)	₹8 L/yr - ₹25 L/yr 13% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.8k salaries)	₹8.5 L/yr - ₹28 L/yr 3% less
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Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹24.1 L/yr 8% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (3.5k salaries)	₹6.5 L/yr - ₹19 L/yr 29% less
Bajaj Finance Senior Manager Salary 4 - 12 years exp. (141 salaries)	₹7.5 L/yr - ₹28 L/yr 11% less	9 job openings
SBI Cards & Payment Services Senior Manager Salary 10 - 18 years exp. (223 salaries)	₹10 L/yr - ₹27 L/yr 7% more	6 job openings
Mahindra Finance Senior Manager Salary 4 - 14 years exp. (84 salaries)	₹7.8 L/yr - ₹24.4 L/yr 20% less
Tata Capital Senior Manager Salary 4 - 13 years exp. (212 salaries)	₹8.8 L/yr - ₹30 L/yr 7% more
Aditya Birla Finance Senior Manager Salary 3 - 14 years exp. (86 salaries)	₹8.5 L/yr - ₹25 L/yr 12% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.3k salaries)	₹5.9 L/yr - ₹21.5 L/yr 30% less

View all

Senior Manager salary at L&T Finance ranges between ₹8.1 Lakhs to ₹26 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 356 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Manager salaries

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹11.1 L/yr - ₹32.8 L/yr
3 years (19 salaries)	₹9.5 L/yr - ₹24.5 L/yr
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4 years (25 salaries)	₹10.2 L/yr - ₹24.5 L/yr
5 years (57 salaries)	₹8.1 L/yr - ₹23 L/yr
6 years (44 salaries)	₹9 L/yr - ₹23.5 L/yr
7 years (41 salaries)	₹9 L/yr - ₹24 L/yr
8 years (43 salaries)	₹9.4 L/yr - ₹25.5 L/yr
9 years (44 salaries)	₹9.4 L/yr - ₹26 L/yr
10 years (42 salaries)	₹9.5 L/yr - ₹22.1 L/yr
11 years (20 salaries)	₹9.3 L/yr - ₹23 L/yr
12 years (13 salaries)	₹11 L/yr - ₹21.2 L/yr
13 years (4 salaries)	₹11.6 L/yr - ₹24 L/yr

View all

From

Senior Manager

2 - 13 years exp.

Team Manager

1 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Top skills at L&T Finance for Senior Manager

Variance Analysis Forecasting Budgeting

Salary related reviews for L&T Finance

3.5

Rated by 45 employees for salary & benefits

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

Senior Manager in Bhubaneswar

Full Time

Administration & Facilities Department

3.0

• posted on 02 Dec 2023

3.0

for Salary and Benefits

Likes

Timely salary payment.. Best in accross industry on 24th of every month

Dislikes

Leadership is baised and prejudice. There is not a environment of fair assessment... If someone gives any wrong feedback against you... Then leadership will go by that feedback and take unilateral decessions.

Promotions - Poor

Senior Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 30 Jul 2023

4.0

for Salary and Benefits

Likes

Salary Appraisal

Salary - Good

Dislikes

1. 13-14 hours of working 2.In the name of we care you will get three day leave where two Sunday before 12 is compulsary. 3.No work life ballance 4.Career path is not clear after BM level

Work-life balance - Poor

Senior Manager in Mumbai

Finance & Accounting Department

2.0

• posted on 08 May 2019

2.0

for Salary and Benefits

Likes

They offer you a good hike at the time of joining and that's it.

Dislikes

...re promoted very fast and some are kept on hold for reasons not related to work. Even if you get promoted there is no increase in the compensation. Managers here do not value your strengths and also not give importance to your personal life. The attrition rate in the organisation is very high and new hiring is very slow so you will have to bear the extra burden.

Salary - Poor

+4 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

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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L&T Finance Senior Manager Salary FAQs

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

The average salary of a Senior Manager at L&T Finance in India typically ranges from ₹8.1 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Senior Manager at L&T Finance earn more than ₹21.8 Lakhs per year, and the top 1% earn over ₹24.5 Lakhs per year. Senior 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 300+ L&T Finance employees in India.

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

The estimated take-home salary of a Senior Manager at L&T Finance in India typically ranges from ₹1,19,232 to ₹1,22,575 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 300+ 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 Senior Manager at L&T Finance ?

To be a Senior Manager at L&T Finance in india, the key skills required include:

- Variance Analysis
- Forecasting
- Budgeting

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 Senior Manager in India?

SMFG India Credit	₹8.9 Lakhs to ₹31.0 Lakhs per year
SBI Cards & Payment Services	₹10.0 Lakhs to ₹27.0 Lakhs per year
Tata Capital	₹8.8 Lakhs to ₹30.0 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 Senior Manager in companies similar to L&T Finance in India?

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

ICICI Bank	₹8.5 Lakhs to ₹28.0 Lakhs per year
Capri Global Capital	₹9.3 Lakhs to ₹28.5 Lakhs per year
Poonawalla Fincorp	₹10.0 Lakhs to ₹23.1 Lakhs per year
Tata Capital Housing Finance	₹10.0 Lakhs to ₹25.0 Lakhs per year
PNB Housing Finance	₹9.5 Lakhs to ₹25.0 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 Manager at L&T Finance in India?

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

Experience	Average Salary Range
2 years	₹11.1 Lakhs to ₹32.8 Lakhs per year
3 years	₹9.5 Lakhs to ₹24.5 Lakhs per year
4 years	₹10.2 Lakhs to ₹24.5 Lakhs per year
5 years	₹8.1 Lakhs to ₹23.0 Lakhs per year

and so on.

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L&T Finance Senior Manager Salaries by Location

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L&T Finance Senior Manager Salaries

L&T Finance Senior Manager salary in India ranges between ₹8.1 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 356 L&T Finance latest salaries received from various employees of L&T Finance.

L&T Finance Senior Manager salaries in India (Updated 2025)

Companies similar to L&T Finance for Senior Manager

Latest annual salaries shared by L&T Finance Senior Manager

Experience wise L&T Finance Senior Manager salaries

Similar Designation salaries in L&T Finance

Top skills at L&T Finance for Senior Manager

Salary related reviews for L&T Finance

Senior Manager in Mumbai

Senior Manager in Bhubaneswar

Senior Manager in Patna

Senior Manager in Mumbai

Branch Manager in Hanwada

L&T Finance Senior Manager Salary FAQs

Tell us how to improve this page.

L&T Finance Senior Manager Salaries by Location