L&T Finance Senior Manager 1 Salaries by 5 Employees (Updated 2025)

5 - 11 years exp.

₹15 Lakhs - ₹19.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹14.7 Lakhs

Variable (15%)

₹2.5 Lakhs

22% less than the average Senior Manager 1 Salary in NBFC Companies for 5 - 11 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager 1 Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹19.5 L/yr
Consulting Senior Manager 1 Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹15.8 L/yr
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BFSI, Investments & Trading Senior Manager 1 Salary 5 years exp. (AmbitionBox Estimate)	₹16.7 L/yr - ₹20.4 L/yr

Last Updated: 4 Sep 2024

Companies similar to L&T Finance for Senior Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager 1 Salary 6 - 16 years exp. (20 salaries)	₹7.5 L/yr - ₹16.2 L/yr 37% less
ICICI Bank Senior Manager 1 Salary 5 - 15 years exp. (21 salaries)	₹8 L/yr - ₹16 L/yr 37% less
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Kotak Mahindra Bank Senior Manager 1 Salary 8 - 11 years exp. (4 salaries)	₹6.8 L/yr - ₹9 L/yr 52% less
Axis Bank Senior Manager 1 Salary 2 - 20 years exp. (17 salaries)	₹7 L/yr - ₹17.1 L/yr 32% less
Shriram Finance Senior Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹14.6 L/yr - ₹18 L/yr 8% less

Senior Manager 1 salary at L&T Finance ranges between ₹15 Lakhs to ₹19.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Manager 1 salaries

Last Updated: 4 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹18.5 L/yr
6 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
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7 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.3 L/yr
8 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹31 L/yr
9 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹19.5 L/yr

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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

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

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

see more salary related reviews

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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L&T Finance Senior Manager 1 Salary FAQs

What is the salary of Senior Manager 1 at L&T Finance?

Senior Manager 1 salary at L&T Finance in India ranges between ₹15.0 Lakhs to ₹19.5 Lakhs for experience between 5 years to 11 years. According to our estimates it is 22% less than the average Senior Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance India.

How does the salary of a Senior Manager 1 at L&T Finance India compare with the average salary range for this job?

The average salary of a Senior Manager 1 at L&T Finance is 22% less than the average salary of a Senior Manager 1 in India. To know exact salary insights, login to view.

What is the salary of a Senior Manager 1 in companies similar to L&T Finance in India?

Shriram Finance Senior Manager 1 Salary - ₹14.6 Lakhs to ₹18.0 Lakhs per year
Axis Bank Senior Manager 1 Salary - ₹7.0 Lakhs to ₹17.1 Lakhs per year
HDFC Bank Senior Manager 1 Salary - ₹7.5 Lakhs to ₹16.2 Lakhs per year
ICICI Bank Senior Manager 1 Salary - ₹8.0 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank Senior Manager 1 Salary - ₹6.8 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Senior Manager 1 at L&T Finance in India?

The estimated take-home salary of a Senior Manager 1 at L&T Finance ranges between ₹1,16,587 per month to ₹1,19,844 per month in India. The take-home salary calculation is based on the average L&T Finance Senior Manager 1 salary in India which ranges between ₹15.0 Lakhs to ₹19.5 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager 1 at L&T Finance?

According to AmbitionBox, 75% of the L&T Finance Senior Manager 1s reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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L&T Finance Senior Manager 1 Salaries

L&T Finance Senior Manager 1 salary in India ranges between ₹15 Lakhs to ₹19.5 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.