L&T Finance Mumbai Suburban Senior Manager Salaries by 8 Employees

3 - 8 years exp.

₹9.7 Lakhs - ₹21 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Senior Manager Salary in NBFC Companies for 3 - 8 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 5 - 8 years exp. (4 salaries)	₹9.7 L/yr - ₹21 L/yr
BFSI, Investments & Trading Senior Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹16.8 L/yr - ₹20 L/yr
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Data Science & Analytics Senior Manager Salary 8 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20 L/yr

Last Updated: 3 Sep 2024

Companies similar to L&T Finance for Senior Manager in Mumbai Suburban

L&T Finance Senior Manager Salary

3 - 8 years exp. (8 salaries)

₹9.7 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Senior Manager Salary 3 - 9 years exp. (3 salaries)	₹8.5 L/yr - ₹15 L/yr 48% less
SMFG India Credit Senior Manager Salary 12 - 16 years exp. (3 salaries)	₹12.5 L/yr - ₹20.2 L/yr 8% more
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LTIMindtree Senior Manager Salary 10 - 17 years exp. (8 salaries)	₹20 L/yr - ₹30 L/yr 45% more	1 job opening
Edelweiss Senior Manager Salary 7 - 16 years exp. (7 salaries)	₹10 L/yr - ₹15.3 L/yr 25% less
ICICI Securities Senior Manager Salary 3 - 11 years exp. (7 salaries)	₹9.4 L/yr - ₹13.4 L/yr 27% less

Senior Manager salary at L&T Finance ranges between ₹9.7 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Senior Manager salaries in Mumbai Suburban

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
4 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
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5 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
6 years (3 salaries)	₹9.7 L/yr - ₹21 L/yr
7 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
8 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr

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From

Senior Manager

2 - 12 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.

Top skills at L&T Finance for Senior Manager

Variance Analysis Forecasting Budgeting

Salary related reviews for L&T Finance

3.0

Rated by 1 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

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

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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L&T Finance Senior Manager Salary FAQs

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

The average salary of a Senior Manager at L&T Finance in Mumbai Suburban typically ranges from ₹9.7 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Manager in Mumbai Suburban at L&T Finance earn more than ₹20.7 Lakhs per year, and the top 1% earn over ₹21.0 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 8 L&T Finance employees in India.

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

The estimated take-home salary of a Senior Manager at L&T Finance in Mumbai Suburban typically ranges from ₹1,17,855 to ₹1,21,154 per month. This is based on the average salary range of ₹9.7 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 3 years 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 8 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 in Mumbai Suburban?

To be a Senior Manager at L&T Finance in Mumbai Suburban, 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?

LTIMindtree	₹20.0 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit	₹12.5 Lakhs to ₹20.2 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 Mumbai Suburban?

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

Edelweiss	₹10.0 Lakhs to ₹15.3 Lakhs per year
ICICI Securities	₹9.4 Lakhs to ₹13.4 Lakhs per year
IIFL Finance	₹8.5 Lakhs to ₹15.0 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 Mumbai Suburban?

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

Experience	Average Salary Range
3 years	₹15.9 Lakhs to ₹20.3 Lakhs per year
4 years	₹15.8 Lakhs to ₹20.2 Lakhs per year
5 years	₹15.8 Lakhs to ₹20.2 Lakhs per year
6 years	₹9.7 Lakhs to ₹21.0 Lakhs per year

and so on.

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L&T Finance Senior Manager Salaries in Mumbai Suburban

L&T Finance Senior Manager salary in Mumbai Suburban ranges between ₹9.7 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 L&T Finance latest salaries received from various employees of L&T Finance.