L&T Finance Software Developer Salaries by 10+ Employees (Updated 2025)

0 - 7 years exp.

₹5 Lakhs - ₹20 Lakhs

Salary of majority employees

39% more than the average Software Developer Salary in NBFC Companies for 0 - 7 years of experience

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Last Updated: 15 Mar 2025

Companies similar to L&T Finance for Software Developer

Company name	Avg Annual Salary	Open Jobs
TVS Credit Software Developer Salary 1 - 5 years exp. (133 salaries)	₹3.1 L/yr - ₹9.6 L/yr 42% less
IIFL Finance Software Developer Salary 0 - 3 years exp. (75 salaries)	₹4 L/yr - ₹14 L/yr 25% less
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Manappuram Finance Software Developer Salary 0 - 3 years exp. (70 salaries)	₹2 L/yr - ₹4.2 L/yr 75% less
Mahindra Finance Software Developer Salary 0 - 6 years exp. (19 salaries)	₹2.9 L/yr - ₹10.8 L/yr 45% less
LendingKart Software Developer Salary 0 - 4 years exp. (14 salaries)	₹9 L/yr - ₹19.7 L/yr 31% more
Sammaan Capital Limited Software Developer Salary 2 - 6 years exp. (13 salaries)	₹3.8 L/yr - ₹9.1 L/yr 24% less
Bharat Financial Inclusion Software Developer Salary 3 - 9 years exp. (12 salaries)	₹4.8 L/yr - ₹13 L/yr 24% less
Muthoot Microfin Software Developer Salary 0 - 4 years exp. (8 salaries)	₹5 L/yr - ₹12 L/yr 29% less	1 job opening
Aavas Financiers Software Developer Salary 0 - 4 years exp. (8 salaries)	₹3.6 L/yr - ₹5.5 L/yr 64% less
SMFG India Credit Software Developer Salary 2 - 4 years exp. (6 salaries)	₹7.3 L/yr - ₹14 L/yr 31% less
Muthoot Finance Software Developer Salary 0 - 2 years exp. (5 salaries)	₹3.8 L/yr - ₹5 L/yr 64% less
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Sundaram Finance Software Developer Salary 0 - 4 years exp. (5 salaries)	₹3.3 L/yr - ₹5.5 L/yr 60% less
Muthoot Fincorp Software Developer Salary 3 - 4 years exp. (4 salaries)	₹8 L/yr - ₹18.5 L/yr 23% more
Capri Global Capital Software Developer Salary 0 - 6 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr 40% more
Shriram Finance Software Developer Salary 2 - 4 years exp. (4 salaries)	₹4 L/yr - ₹9.2 L/yr 49% less
MAS Financial Services Software Developer Salary 1 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹6.3 L/yr 63% less	3 job openings
Poonawalla Fincorp Software Developer Salary 1 - 3 years exp. (4 salaries)	₹8 L/yr - ₹17 L/yr 3% more
Satin Creditcare Network Software Developer Salary 2 - 3 years exp. (4 salaries)	₹3.5 L/yr - ₹6.2 L/yr 59% less
Spandana Sphoorty Financial Software Developer Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹7.5 L/yr 59% less

Software Developer salary at L&T Finance ranges between ₹5 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 16 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Software Developer salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹5 L/yr - ₹6.5 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.7 L/yr
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2 years (3 salaries)	₹6.9 L/yr - ₹15.6 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹22.7 L/yr
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹17.8 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹20 L/yr
7 years (AmbitionBox Estimate)	₹17 L/yr - ₹33.4 L/yr

View all

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Salary related reviews for L&T Finance

4.0

Rated by 2 employees for salary & benefits

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

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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L&T Finance Software Developer Salary FAQs

What is the salary of Software Developer at L&T Finance ?

The average salary of a Software Developer at L&T Finance in India typically ranges from ₹5.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Software Developer at L&T Finance earn more than ₹18.4 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Software Developer 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 10+ L&T Finance employees in India.

What is the estimated take home salary of a Software Developer at L&T Finance in India?

The estimated take-home salary of a Software Developer at L&T Finance in India typically ranges from ₹83,103 to ₹85,273 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 10+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Finance for Software Developer in India?

Capri Global Capital	₹12.0 Lakhs to ₹18.0 Lakhs per year
LendingKart	₹9.0 Lakhs to ₹19.7 Lakhs per year
Muthoot Fincorp	₹8.0 Lakhs to ₹18.5 Lakhs per year
Poonawalla Fincorp	₹8.0 Lakhs to ₹17.0 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 Software Developer in companies similar to L&T Finance in India?

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

Bharat Financial Inclusion	₹4.8 Lakhs to ₹13.0 Lakhs per year
Sammaan Capital Limited	₹3.8 Lakhs to ₹9.1 Lakhs per year
IIFL Finance	₹4.0 Lakhs to ₹14.0 Lakhs per year
Muthoot Microfin	₹5.0 Lakhs to ₹12.0 Lakhs per year
SMFG India Credit	₹7.3 Lakhs to ₹14.0 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 Software Developer at L&T Finance in India?

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

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹6.5 Lakhs per year
1 year	₹2.7 Lakhs to ₹7.7 Lakhs per year
2 years	₹6.9 Lakhs to ₹15.6 Lakhs per year
3 years	₹4.3 Lakhs to ₹12.0 Lakhs per year

and so on.

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L&T Finance Software Developer Salaries

L&T Finance Software Developer salary in India ranges between ₹5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 L&T Finance latest salaries received from various employees of L&T Finance.