L&T Finance Senior Manager Credit Salaries by 10+ Employees (Updated 2024)

5 - 10 years exp.

₹8 Lakhs - ₹23.4 Lakhs

Salary of majority employees

At par with the average Senior Manager Credit Salary in NBFC Companies for 5 - 10 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Credit Salary 5 - 10 years exp. (3 salaries)	₹11 L/yr - ₹13.5 L/yr
BFSI, Investments & Trading Senior Manager Credit Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹24.3 L/yr
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Product Management Senior Manager Credit Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.6 L/yr

Last Updated: 9 Dec 2024

Companies similar to L&T Finance for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Manager Credit Salary 3 - 6 years exp. (5 salaries)	₹5 L/yr - ₹12.5 L/yr 29% less
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (309 salaries)	₹6 L/yr - ₹21 L/yr 4% more	1 job opening
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ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (148 salaries)	₹7 L/yr - ₹22.8 L/yr 9% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 11 years exp. (391 salaries)	₹7 L/yr - ₹16 L/yr 9% less
Axis Bank Senior Manager Credit Salary 5 - 13 years exp. (110 salaries)	₹7 L/yr - ₹23.3 L/yr 22% more
Tata Capital Senior Manager Credit Salary 4 - 9 years exp. (17 salaries)	₹8.3 L/yr - ₹23.9 L/yr At par
Mahindra Finance Senior Manager Credit Salary 0 - 7 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr 2% more
Aditya Birla Capital Senior Manager Credit Salary 2 - 6 years exp. (6 salaries)	₹9.9 L/yr - ₹16.7 L/yr At par
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹10.2 L/yr 35% less
SMFG India Credit Senior Manager Credit Salary 5 - 15 years exp. (106 salaries)	₹5.5 L/yr - ₹19.5 L/yr 16% less
Aavas Financiers Senior Manager Credit Salary 5 - 12 years exp. (18 salaries)	₹5.2 L/yr - ₹16.9 L/yr 20% less
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Tata Capital Housing Finance Senior Manager Credit Salary 5 - 11 years exp. (15 salaries)	₹7.5 L/yr - ₹16.5 L/yr 3% less
Kotak Mahindra Prime Senior Manager Credit Salary 3 - 12 years exp. (12 salaries)	₹7.5 L/yr - ₹14.5 L/yr 17% less
TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 24% more
Muthoot Fincorp Senior Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹6 L/yr - ₹6.5 L/yr 52% less
Capri Global Capital Senior Manager Credit Salary 5 - 7 years exp. (5 salaries)	₹11 L/yr - ₹16.5 L/yr 13% less
PNB Housing Finance Senior Manager Credit Salary 8 - 9 years exp. (5 salaries)	₹10.4 L/yr - ₹16 L/yr At par
Poonawalla Fincorp Senior Manager Credit Salary 1 - 11 years exp. (5 salaries)	₹8.4 L/yr - ₹17 L/yr 7% less
IIFL Finance Senior Manager Credit Salary 1 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.4 L/yr 33% less
Manappuram Finance Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹7.8 L/yr - ₹11.7 L/yr 37% less

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Senior Manager Credit salary at L&T Finance ranges between ₹8 Lakhs to ₹23.4 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 14 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Manager Credit salaries

Last Updated: 9 Dec 2024

Experience	Avg Annual Salary
5 years (4 salaries)	₹8 L/yr - ₹23.6 L/yr
6 years (4 salaries)	₹9 L/yr - ₹18 L/yr
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7 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.2 L/yr
8 years (3 salaries)	₹9 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹24.8 L/yr
10 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹25 L/yr

View all

Similar Designation salaries in L&T Finance

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(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Credit Manager Salary

(83 salaries)

₹4.47 L/yr - ₹14 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹9 L/yr

Chief Manager Salary

(67 salaries)

₹19.75 L/yr - ₹52 L/yr

Branch Manager Salary

(229 salaries)

₹2.2 L/yr - ₹6 L/yr

Senior Associate Salary

(6 salaries)

₹1.95 L/yr - ₹10 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Credit Underwriter Salary

(5 salaries)

₹3.4 L/yr - ₹8 L/yr

Credit Analyst Salary

(6 salaries)

₹2.7 L/yr - ₹3.95 L/yr

Area Credit Manager Salary

(139 salaries)

₹6 L/yr - ₹22 L/yr

Salary related reviews for L&T Finance

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

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.

Branch Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Jan 2023

4.0

for Salary and Benefits

Likes

If you work well the company give quik promotion and good salary, Company s salary good but , benifits very worst

Dislikes

Hr benifits very worst, the higher or reporting manager are very worst people most. They like personal vanchens only.The company like employees benefits, but the reporting manager are don't care about employees benefits.communication lag in hr and employees, hr support only Regional manager concern about employees.No benifits for work this. Organisation.

Branch Manager in Mysuru / Mysore

Branch maneger Department

5.0

• posted on 28 Apr 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling company

Dislikes

There is a lot of plolitices and the management doesn't address our issues salary is decent but career grouth is slow there is a beautiful ND of 5 years before which 4th of cannot resign on the job

Branch Manager in Tripura Kumarghat

BFSI, Investments & Trading Department

5.0

• posted on 27 Sep 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Tl

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is shown.there is a bond of 2 years before which you cannot resign . On the job training is not give to new joinees

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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L&T Finance Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at L&T Finance in India ranges between ₹8.0 Lakhs to ₹23.4 Lakhs for experience between 5 years to 10 years. According to our estimates it is 1% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 14 latest salaries received from various employees of L&T Finance India.

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

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

Which similar companies are paying more than L&T Finance to a Senior Manager Credit in India?

Mahindra Rural Housing Finance Senior Manager Credit Salary - ₹9.0 Lakhs to ₹27.5 Lakhs per year
TVS Credit Senior Manager Credit Salary - ₹9.8 Lakhs to ₹20.4 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹7.0 Lakhs to ₹23.3 Lakhs per year
Sundaram Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
ICICI Bank Senior Manager Credit Salary - ₹7.0 Lakhs to ₹22.8 Lakhs per year

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

HDFC Bank Senior Manager Credit Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year
Mahindra Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹16.8 Lakhs per year
PNB Housing Finance Senior Manager Credit Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year
Aditya Birla Capital Senior Manager Credit Salary - ₹9.9 Lakhs to ₹16.7 Lakhs per year
Tata Capital Senior Manager Credit Salary - ₹8.3 Lakhs to ₹23.9 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at L&T Finance ranges between ₹94,173 per month to ₹96,707 per month in India. The take-home salary calculation is based on the average L&T Finance Senior Manager Credit salary in India which ranges between ₹8.0 Lakhs to ₹23.4 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 89% of the L&T Finance Senior Manager Credits reported a notice period of 3 Months, 11% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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L&T Finance Senior Manager Credit Salaries

L&T Finance Senior Manager Credit salary in India ranges between ₹8 Lakhs to ₹23.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 L&T Finance latest salaries received from various employees of L&T Finance.