L&T Finance Mumbai Software Developer Salaries by 6 Employees

1 - 4 years exp.

₹6.9 Lakhs - ₹12 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

24% more than the average Software Developer Salary in NBFC Companies for 1 - 4 years of experience

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Last Updated: 20 Nov 2024

Companies similar to L&T Finance for Software Developer in Mumbai

L&T Finance Software Developer Salary

1 - 4 years exp. (6 salaries)

₹6.9 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Software Developer Salary 0 - 4 years exp. (31 salaries)	₹3 L/yr - ₹12 L/yr 39% less
Mahindra Finance Software Developer Salary 1 - 6 years exp. (13 salaries)	₹2.9 L/yr - ₹12 L/yr 40% less
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SMFG India Credit Software Developer Salary 2 - 5 years exp. (4 salaries)	₹7.3 L/yr - ₹11.1 L/yr 30% less
Sammaan Capital Limited Software Developer Salary 2 - 3 years exp. (3 salaries)	₹3 L/yr - ₹9 L/yr 35% less
TCS Software Developer Salary 0 - 8 years exp. (1.4k salaries)	₹3.6 L/yr - ₹13.6 L/yr 26% less

Software Developer salary at L&T Finance ranges between ₹6.9 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Software Developer salaries in Mumbai

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
2 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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3 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
4 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr

Similar Designation salaries in L&T Finance

Software Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹7.76 L/yr

Salary related reviews for L&T Finance

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

Assistant Manager in Coimbatore

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 23 Mar 2025

5.0

for Salary and Benefits

Likes

Salary and incentives are really good.If u work it's worth really.. promotion no issues

Salary - Excellent

+2 more

Dislikes

The big problem is incapablity peoples in big position like TM,RM,SRM they are not have the capability to be a BM

Skill development - Bad

+3 more

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T Finance Software Developer Salary FAQs

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

The average salary of a Software Developer at L&T Finance in Mumbai typically ranges from ₹6.9 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Developer in Mumbai at L&T Finance earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹12.0 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 6 L&T Finance employees in India.

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

The estimated take-home salary of a Software Developer at L&T Finance in Mumbai typically ranges from ₹84,279 to ₹86,482 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 6 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Software Developer in companies similar to L&T Finance in Mumbai?

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

TCS	₹3.6 Lakhs to ₹13.6 Lakhs per year
SMFG India Credit	₹7.3 Lakhs to ₹11.1 Lakhs per year
Sammaan Capital Limited	₹3.0 Lakhs to ₹9.0 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹12.0 Lakhs per year
Mahindra Finance	₹2.9 Lakhs to ₹12.0 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 Mumbai?

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

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹6.4 Lakhs per year
2 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
3 years	₹8.8 Lakhs to ₹11.2 Lakhs per year
4 years	₹10.7 Lakhs to ₹13.6 Lakhs per year

and so on.

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L&T Finance Software Developer Salaries in Mumbai

L&T Finance Software Developer salary in Mumbai ranges between ₹6.9 Lakhs to ₹12 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.