L&T Finance Mumbai Suburban Senior Manager Salaries by 6 Employees (Updated 2025)

4 - 8 years exp.

₹9.7 Lakhs - ₹21 Lakhs

Salary of majority employees

Fixed (85%)

₹15 Lakhs

Variable (15%)

₹2.7 Lakhs

At par with the average Senior Manager Salary in NBFC Companies for 4 - 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 4 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20 L/yr
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Data Science & Analytics Senior Manager Salary 8 years exp. (AmbitionBox Estimate)	₹17.5 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

4 - 8 years exp. (6 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)	₹8.2 L/yr - ₹15 L/yr 48% less
SMFG India Credit Senior Manager Salary 12 - 16 years exp. (3 salaries)	₹12.5 L/yr - ₹19.6 L/yr 2% 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 - ₹14.8 L/yr 29% less
ICICI Securities Senior Manager Salary 3 - 11 years exp. (7 salaries)	₹9.4 L/yr - ₹13.4 L/yr 28% less

Senior Manager salary at L&T Finance ranges between ₹9.7 Lakhs to ₹21 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 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
4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹20 L/yr
5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹18.4 L/yr
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6 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹21 L/yr
7 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
8 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹20 L/yr

From

Senior Manager

2 - 11 years exp.

Team Manager

₹

Lakhs/yr

6 - 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

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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L&T Finance Senior Manager Salary FAQs

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

Senior Manager salary at L&T Finance in Mumbai Suburban ranges between ₹9.7 Lakhs to ₹21.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 3% more than the average Senior Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of L&T Finance Mumbai Suburban.

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

The average salary of a Senior Manager at L&T Finance is 3% more than the average salary of a Senior Manager in Mumbai Suburban. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Manager at L&T Finance?

Variance Analysis, Forecasting and Budgeting are some of the popular skills required to work as a Senior Manager at L&T Finance Mumbai Suburban.

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

LTIMindtree Senior Manager Salary - ₹20.0 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit Senior Manager Salary - ₹12.5 Lakhs to ₹19.6 Lakhs per year

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

ICICI Securities Senior Manager Salary - ₹9.4 Lakhs to ₹13.4 Lakhs per year
Edelweiss Senior Manager Salary - ₹10.0 Lakhs to ₹14.8 Lakhs per year
IIFL Finance Senior Manager Salary - ₹8.2 Lakhs to ₹15.0 Lakhs per year

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 ranges between ₹1,19,302 per month to ₹1,22,647 per month in Mumbai Suburban. The take-home salary calculation is based on the average L&T Finance Senior Manager salary in India which ranges between ₹9.7 Lakhs to ₹21.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at L&T Finance in Mumbai Suburban?

According to AmbitionBox, 50% of the L&T Finance Senior Managers in Mumbai Suburban reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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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 6 L&T Finance latest salaries received from various employees of L&T Finance.