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L&T Finance State Head salaries in India

Annual salary range
9 - 21 years exp.
₹8.5 Lakhs - ₹25 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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15% more than the average State Head Salary in NBFC Companies for 9 - 21 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
State Head Salary
11 - 21 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹25 L/yr

BFSI, Investments & Trading
State Head Salary
12 years exp. (AmbitionBox Estimate)
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₹14.6 L/yr - ₹17.8 L/yr

Finance & Accounting
State Head Salary
9 years exp. (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 8 May 2024

Companies similar to L&T Finance for State Head

Company name Avg Annual Salary Open Jobs
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Aavas Financiers State Head Salary

11 - 19 years exp. (42 salaries)

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₹8.8 L/yr - ₹23.4 L/yr

arrow icon 15% less
1 job opening
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MAS Financial Services State Head Salary

9 - 22 years exp. (24 salaries)

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₹12.5 L/yr - ₹24.8 L/yr

arrow icon 6% less
1 job opening
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SMFG India Credit State Head Salary

12 - 23 years exp. (23 salaries)

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₹11.5 L/yr - ₹28.2 L/yr

arrow icon 4% more
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Poonawalla Fincorp State Head Salary

10 - 18 years exp. (15 salaries)

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₹8.1 L/yr - ₹15.2 L/yr

arrow icon 32% less
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Shriram Finance State Head Salary

11 - 27 years exp. (14 salaries)

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₹8 L/yr - ₹29 L/yr

arrow icon 6% more
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Bharat Financial Inclusion State Head Salary

5 - 18 years exp. (9 salaries)

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₹10.2 L/yr - ₹26.9 L/yr

arrow icon 1% more
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Ugro Capital State Head Salary

9 - 19 years exp. (8 salaries)

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₹14 L/yr - ₹25.9 L/yr

arrow icon 7% more
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Electronica Finance State Head Salary

12 - 20 years exp. (7 salaries)

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₹10 L/yr - ₹22 L/yr

arrow icon 6% less
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Muthoot Fincorp State Head Salary

12 - 19 years exp. (6 salaries)

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₹10.4 L/yr - ₹20.5 L/yr

arrow icon 13% less
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₹11 L/yr - ₹23 L/yr

arrow icon 10% more
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TVS Credit State Head Salary

7 - 21 years exp. (7 salaries)

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₹9 L/yr - ₹16.3 L/yr

arrow icon 40% less
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Muthoot Finance State Head Salary

15 - 20 years exp. (6 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 8% less
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IIFL Finance State Head Salary

7 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹13.5 L/yr

arrow icon 27% less
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LendingKart State Head Salary

9 - 15 years exp. (5 salaries)

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₹13 L/yr - ₹15.5 L/yr

arrow icon 22% less
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Manappuram Finance State Head Salary

15 - 20 years exp. (5 salaries)

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₹13.2 L/yr - ₹15 L/yr

arrow icon 25% less
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CreditAccess Grameen State Head Salary

13 - 16 years exp. (5 salaries)

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₹19.5 L/yr - ₹31 L/yr

arrow icon 31% more
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Capri Global Capital State Head Salary

6 - 20 years exp. (4 salaries)

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₹10.5 L/yr - ₹12.6 L/yr

arrow icon 37% less
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PNB Housing Finance State Head Salary

12 - 18 years exp. (3 salaries)

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₹16 L/yr - ₹22 L/yr

arrow icon 9% more
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Mahindra Finance State Head Salary

14 - 17 years exp. (4 salaries)

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₹13.8 L/yr - ₹15.5 L/yr

arrow icon 23% less
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₹18.5 L/yr - ₹21 L/yr

arrow icon 10% more
View all
State Head salary at L&T Finance ranges between ₹8.5 Lakhs to ₹25 Lakhs per year for employees with experience between 9 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Finance.

Latest annual salaries shared by L&T Finance State Head

7mo ago
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11 years exp.
10mo ago
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21 years exp.
1y ago
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12 years exp.

Experience wise L&T Finance State Head salaries

Last Updated: 8 May 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹19.8 L/yr
10 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹16.2 L/yr
13 years (AmbitionBox Estimate)

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₹14.3 L/yr - ₹18.2 L/yr
View all

Similar Designation salaries in L&T Finance

Team Lead Salary
(83 salaries)
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₹1.75 L/yr - ₹12.22 L/yr
Sales Manager Salary
(82 salaries)
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₹3 L/yr - ₹12.1 L/yr
Sales Officer Salary
(212 salaries)
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₹1.4 L/yr - ₹4 L/yr
Sales Executive Salary
(118 salaries)
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₹1.3 L/yr - ₹3.5 L/yr
Branch Manager Salary
(217 salaries)
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₹2.4 L/yr - ₹6.34 L/yr
Area Manager Salary
(32 salaries)
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₹4.9 L/yr - ₹15 L/yr
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₹4.2 L/yr - ₹8.1 L/yr
Deputy Manager Salary
(6 salaries)
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₹7 L/yr - ₹9 L/yr
Business Manager Salary
(251 salaries)
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₹3.35 L/yr - ₹11 L/yr
Regional Manager Salary
(118 salaries)
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₹9.05 L/yr - ₹28 L/yr

Salary related reviews for L&T Finance

4.9

Rated by 2 employees for salary & benefits

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

read more
  • 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

read more
  • Promotions - Poor

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

read more

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.

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Other Department

1.0
  •  posted on 01 Jul 2024

1.0
 for  Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 06 Aug 2024

4.0
 for  Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

read more
  • Salary - Good
  • +1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

read more
  • Job security - Poor
  • +1 more
see more salary related reviews

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L&T Finance State Head Salary FAQs

What is the salary of State Head at L&T Finance ?
The average salary of a State Head at L&T Finance in India typically ranges from ₹8.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 9 years to 21 years).

The top 10% of State Head at L&T Finance earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. State Head 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 4 L&T Finance employees in India.
What is the estimated take home salary of a State Head at L&T Finance in India?
The estimated take-home salary of a State Head at L&T Finance in India typically ranges from ₹1,22,501 to ₹1,26,091 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 9 years to 21 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 4 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 State Head in India?
Spandana Sphoorty Financial ₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen ₹19.5 Lakhs to ₹31.0 Lakhs per year
Tata Capital Housing Finance ₹18.5 Lakhs to ₹21.0 Lakhs per year
Mahindra Rural Housing Finance ₹11.0 Lakhs to ₹23.0 Lakhs per year
PNB Housing Finance ₹16.0 Lakhs to ₹22.0 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 State Head in companies similar to L&T Finance in India?
The salary of a State Head at companies similar to L&T Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ugro Capital ₹14.0 Lakhs to ₹25.9 Lakhs per year
Shriram Finance ₹8.0 Lakhs to ₹29.0 Lakhs per year
SMFG India Credit ₹11.5 Lakhs to ₹28.2 Lakhs per year
Bharat Financial Inclusion ₹10.2 Lakhs to ₹26.9 Lakhs per year
Electronica Finance ₹10.0 Lakhs to ₹22.0 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 State Head at L&T Finance in India?
The salary growth for a State Head at L&T Finance depends on factors such as experience, performance, and promotions. On average, a State Head can expect the following growth trajectory at L&T Finance:

Experience Average Salary Range
9 years ₹8.5 Lakhs to ₹19.8 Lakhs per year
10 years ₹11.0 Lakhs to ₹14.0 Lakhs per year
11 years ₹5.4 Lakhs to ₹15.0 Lakhs per year
12 years ₹5.9 Lakhs to ₹16.2 Lakhs per year
and so on.

Tell us how to improve this page.

L&T Finance State Head salary in India ranges between ₹8.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 L&T Finance latest salaries received from various employees of L&T Finance.