L&T Finance State Manager Salaries by 5 Employees (Updated 2024)

7 - 10 years exp.

₹8 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

19% less than the average State Manager Salary in NBFC Companies for 7 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Manager Salary 8 - 10 years exp. (3 salaries)	₹10.1 L/yr - ₹13.5 L/yr
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Administration & Facilities State Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.3 L/yr

Last Updated: 14 Oct 2024

Companies similar to L&T Finance for State Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank State Manager Salary 4 - 9 years exp. (5 salaries)	₹7.2 L/yr - ₹13.3 L/yr 1% less
Kotak Mahindra Bank State Manager Salary 10 - 16 years exp. (5 salaries)	₹9.9 L/yr - ₹11.3 L/yr 13% more
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SMFG India Credit State Manager Salary 8 - 16 years exp. (11 salaries)	₹10.6 L/yr - ₹20 L/yr 39% more
Poonawalla Fincorp State Manager Salary 9 - 24 years exp. (3 salaries)	₹9 L/yr - ₹16 L/yr 36% more
Smith & Nephew Healthcare State Manager Salary 11 - 19 years exp. (24 salaries)	₹12.5 L/yr - ₹19 L/yr 81% more

State Manager salary at L&T Finance ranges between ₹8 Lakhs to ₹13.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance State Manager salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹17.1 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹13.5 L/yr
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9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹13.5 L/yr

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Salary related reviews for L&T Finance

3.0

Rated by 2 employees for salary & benefits

Branch Manager in Kusheshwar Asthan

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

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.

Branch Manager in Kochi

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.

Business Manager in Bangalore / Bengaluru

Full Time

Sales & Service Department

2.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

Ok ok , some of the bosses were good and company has good salary package structure against its competition

Dislikes

Targets get too much demanding in short period of time.Proper training should be given by trainer in hotels to relax the employees. HR activities should be increased

Branch Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Jan 2023

4.0

for Salary and Benefits

Likes

If you work well the company give quik promotion and good salary, Company s salary good but , benifits very worst

Dislikes

Hr benifits very worst, the higher or reporting manager are very worst people most. They like personal vanchens only.The company like employees benefits, but the reporting manager are don't care about employees benefits.communication lag in hr and employees, hr support only Regional manager concern about employees.No benifits for work this. Organisation.

Territory Sales Manager in Motihari

Micro loan Department

1.0

• posted on 07 Dec 2020

1.0

for Salary and Benefits

Likes

Worst Management. No Hr policy. Senior manager think that it is their father company, Specialy in Bihar and Jharkhand. Never joined this organization. Biased management.

Dislikes

There is lot of politics and the management does not address our issues. salary is decent but career growth is depend on your boss .

see more salary related reviews

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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 State Manager Salary FAQs

What is the salary of State Manager at L&T Finance?

State Manager salary at L&T Finance in India ranges between ₹8.0 Lakhs to ₹13.5 Lakhs for experience between 7 years to 10 years. According to our estimates it is 19% less than the average State Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of L&T Finance India.

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

The average salary of a State Manager at L&T Finance is 19% less than the average salary of a State Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than L&T Finance to a State Manager in India?

Smith & Nephew Healthcare State Manager Salary - ₹12.5 Lakhs to ₹19.0 Lakhs per year
SMFG India Credit State Manager Salary - ₹10.6 Lakhs to ₹20.0 Lakhs per year
Poonawalla Fincorp State Manager Salary - ₹9.0 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank State Manager Salary - ₹9.9 Lakhs to ₹11.3 Lakhs per year

What is the salary of a State Manager in companies similar to L&T Finance in India?

HDFC Bank State Manager Salary - ₹7.2 Lakhs to ₹13.3 Lakhs per year

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

The estimated take-home salary of a State Manager at L&T Finance ranges between ₹69,201 per month to ₹70,978 per month in India. The take-home salary calculation is based on the average L&T Finance State Manager salary in India which ranges between ₹8.0 Lakhs to ₹13.5 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the L&T Finance State Managers reported a notice period of 3 Months.This is based on 12 responses on AmbitionBox in last 2 years.

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L&T Finance State Manager Salaries

L&T Finance State Manager salary in India ranges between ₹8 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T Finance latest salaries received from various employees of L&T Finance.