L&T Finance State Manager Salaries by 5 Employees (Updated 2025)

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 9 - 16 years exp. (11 salaries)	₹10.6 L/yr - ₹20 L/yr 44% more
Poonawalla Fincorp State Manager Salary 9 - 24 years exp. (3 salaries)	₹9 L/yr - ₹16 L/yr 36% more
BlackBuck State Manager Salary 1 - 10 years exp. (24 salaries)	₹3.2 L/yr - ₹4.8 L/yr 57% less

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 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

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.

Salary - Bad

+6 more

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

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.

Job security - Poor

+1 more

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

Salary - Bad

+6 more

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

Salary - Good

+1 more

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.

Job security - Bad

+1 more

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amangupta9965

works at

Tussle Digital Pvt Ltd

IT Quarterly Awards - Q2 FY'24

I am thrilled to share that I have received an certificate of appreciation for Q2 FY'24, a true honor for my hard work and dedication. I want to express my sincere gratitude to L&T Finance Team for their support, guidance, and collaboration, which played a significant role in achieving this milestone.

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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?

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
BlackBuck State Manager Salary - ₹3.2 Lakhs to ₹4.8 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.