L&T Finance SM Salaries by 3 Employees (Updated 2024)

2 - 8 years exp.

₹0.5 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

82% less than the average SM Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting SM Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Sales & Business Development SM Salary 8 years exp. (AmbitionBox Estimate)	₹0.5 L/yr - ₹0.6 L/yr

Last Updated: 14 Dec 2024

Companies similar to L&T Finance for SM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank SM Salary 2 - 14 years exp. (17 salaries)	₹3 L/yr - ₹12 L/yr 391% more
ICICI Bank SM Salary 3 - 12 years exp. (19 salaries)	₹3 L/yr - ₹7.2 L/yr 232% more
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Kotak Mahindra Bank SM Salary 2 - 18 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 501% more
Axis Bank SM Salary 3 - 13 years exp. (21 salaries)	₹3.3 L/yr - ₹10 L/yr 362% more
Tata Capital SM Salary 4 - 8 years exp. (6 salaries)	₹5.5 L/yr - ₹9.3 L/yr 293% more
Aditya Birla Capital SM Salary 1 - 8 years exp. (7 salaries)	₹3.6 L/yr - ₹8.3 L/yr 257% more
Reliance Capital SM Salary 1 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹5 L/yr 96% more
HDB Financial Services SM Salary 1 - 8 years exp. (19 salaries)	₹1.8 L/yr - ₹4.5 L/yr 99% more
Bharat Financial Inclusion SM Salary 1 - 3 years exp. (15 salaries)	₹1.5 L/yr - ₹4.5 L/yr 68% more
SMFG India Credit SM Salary 0 - 8 years exp. (7 salaries)	₹3.4 L/yr - ₹7 L/yr 232% more
IIFL Finance SM Salary 1 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr 22% more
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PNB Housing Finance SM Salary 4 - 10 years exp. (3 salaries)	₹3.1 L/yr - ₹3.9 L/yr 140% more
IDFC FIRST Bharat SM Salary 8 - 10 years exp. (3 salaries)	₹4 L/yr - ₹13.5 L/yr 583% more

SM salary at L&T Finance ranges between ₹0.5 Lakh to ₹2 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance SM salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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8 years (AmbitionBox Estimate)	₹0.5 L/yr - ₹0.6 L/yr

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Salary related reviews for L&T Finance

5.0

Rated by 1 employees for salary & benefits

Product Manager in Mumbai

Full Time

Consulting Department

3.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Work culture is aggressive. Management is good. But if you’re a part of rural finance team (which I was) work life balance is difficult. Learning opportunities are great. I learnt a lot as a product manager.

Dislikes

Work life balance. Favouritism. Politics. Low compensation (2020 no hike was given to any staff, 2021 (5%-8%) was hike. Pay is not that great as to the market standard.

Front Line Sales Officer in Kampur

Sales & Business Development Department

5.0

• posted on 01 Jan 2022

4.0

for Salary and Benefits

Likes

...IC. Work culture is good. Maintain office time's. Company policies is very good. They give good salary and hug incentives.

Dislikes

Career growth is slow. Holiday is not off office . Sunday is working day here.

Front Line Executive in Mukalmua

Marketing & Communication Department

3.0

• posted on 15 Nov 2021

4.0

for Salary and Benefits

Likes

Job security average good work environment culture.team are supporting.company policy are good they give good salary every month.

Dislikes

There is a very political issue.salary is good but career is not growth and very slowly.I am 3 years working at l&t finance. Now company new require ment not joining.

Product Manager in Mumbai

Product Management Department

1.0

• posted on 06 Apr 2021

2.0

for Salary and Benefits

Likes

The one thing I would say is nice about this place is that it provides equal opportunity to everyone, no matter if they are freshers. A lot of learning opportunities are there and they can get hands on experience at a young stage in career as well.

Dislikes

... You will never get a day off, not even Sundays. Weekends are off only on paper. They expect you to work 24/7 and provide very less pay for the work they make you do.

Field Officer in Kaithal

BFSI, Investments & Trading Department

5.0

• posted on 06 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Location issue. Giving posting so far from home.

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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 SM Salary FAQs

What is the notice period for SM at L&T Finance?

According to AmbitionBox, 100% of the L&T Finance SMs reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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L&T Finance SM Salaries

L&T Finance SM salary in India ranges between ₹0.5 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L&T Finance latest salaries received from various employees of L&T Finance.