L&T Finance Mumbai Team Manager Salaries by 100+ Employees (Updated 2025)

6 - 17 years exp.

₹11 Lakhs - ₹36 Lakhs

Salary of majority employees

53% more than the average Team Manager Salary in NBFC Companies for 6 - 17 years of experience

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Salaries in different departments

Finance & Accounting Team Manager Salary 6 - 15 years exp. (19 salaries)	₹15.3 L/yr - ₹36 L/yr
BFSI, Investments & Trading Team Manager Salary 6 - 14 years exp. (15 salaries)	₹19.3 L/yr - ₹30 L/yr
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Data Science & Analytics Team Manager Salary 6 - 11 years exp. (12 salaries)	₹15.5 L/yr - ₹34.5 L/yr
IT & Information Security Team Manager Salary 10 - 17 years exp. (6 salaries)	₹19 L/yr - ₹25.5 L/yr
Project & Program Management Team Manager Salary 7 - 14 years exp. (5 salaries)	₹20 L/yr - ₹36 L/yr

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Last Updated: 20 Mar 2025

Companies similar to L&T Finance for Team Manager in Mumbai

L&T Finance Team Manager Salary

6 - 17 years exp. (116 salaries)

₹11 L/yr - ₹36 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Team Manager Salary 3 - 11 years exp. (8 salaries)	₹4.6 L/yr - ₹8.5 L/yr 73% less
PNB Housing Finance Team Manager Salary 5 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4 L/yr 85% less
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Cognizant Team Manager Salary 6 - 19 years exp. (159 salaries)	₹7.5 L/yr - ₹27 L/yr 30% less	2 job openings
IKS Health Team Manager Salary 3 - 12 years exp. (129 salaries)	₹3.6 L/yr - ₹9.5 L/yr 71% less	2 job openings
Capita Team Manager Salary 6 - 18 years exp. (90 salaries)	₹4.8 L/yr - ₹11.5 L/yr 63% less

Team Manager salary at L&T Finance ranges between ₹11 Lakhs to ₹36 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 116 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Team Manager salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
6 years (9 salaries)	₹15.3 L/yr - ₹34.5 L/yr
7 years (10 salaries)	₹13 L/yr - ₹29 L/yr
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8 years (17 salaries)	₹13.4 L/yr - ₹32 L/yr
9 years (9 salaries)	₹13.5 L/yr - ₹30 L/yr
10 years (29 salaries)	₹15 L/yr - ₹30 L/yr
11 years (14 salaries)	₹11 L/yr - ₹28 L/yr
12 years (9 salaries)	₹20 L/yr - ₹33 L/yr
13 years (4 salaries)	₹19.2 L/yr - ₹35 L/yr
14 years (7 salaries)	₹19 L/yr - ₹36 L/yr
15+ years (8 salaries)	₹20.1 L/yr - ₹36 L/yr

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Similar Designation salaries in L&T Finance

Team Lead Salary

(31 salaries)

₹6.93 L/yr - ₹17.4 L/yr

Project Manager Salary

(13 salaries)

₹6 L/yr - ₹14.16 L/yr

Area Manager Salary

(5 salaries)

₹4.9 L/yr - ₹9.3 L/yr

Top skills at L&T Finance for Team Manager

Team Leadership Resource Allocation Team Handling Team Leading Coaching Mentoring Biochemistry Problem Solving Leadership Communication Skills Business Process Management Performance Management Team Management KPI Workflow Management

Salary related reviews for L&T Finance

3.9

Rated by 15 employees for salary & benefits

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 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

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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L&T Finance Team Manager Salary FAQs

What is the salary of Team Manager at L&T Finance in Mumbai?

The average salary of a Team Manager at L&T Finance in Mumbai typically ranges from ₹11.0 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Team Manager in Mumbai at L&T Finance earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Team Manager 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 100+ L&T Finance employees in India.

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

The estimated take-home salary of a Team Manager at L&T Finance in Mumbai typically ranges from ₹1,54,979 to ₹1,60,850 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 6 years to 17 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 100+ salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Team Manager at L&T Finance in Mumbai?

To be a Team Manager at L&T Finance in Mumbai, the key skills required include:

- Team Leadership
- Resource Allocation
- Team Handling
- Team Leading
- Coaching

These skills are highly valued at L&T Finance and are crucial for successful performance in a Software Engineering role.

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

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

Cognizant	₹7.5 Lakhs to ₹27.0 Lakhs per year
Capita	₹4.8 Lakhs to ₹11.5 Lakhs per year
IKS Health	₹3.6 Lakhs to ₹9.5 Lakhs per year
IIFL Finance	₹4.6 Lakhs to ₹8.5 Lakhs per year
PNB Housing Finance	₹3.5 Lakhs to ₹4.0 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 Team Manager at L&T Finance in Mumbai?

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

Experience	Average Salary Range
6 years	₹15.3 Lakhs to ₹34.5 Lakhs per year
7 years	₹13.0 Lakhs to ₹29.0 Lakhs per year
8 years	₹13.4 Lakhs to ₹32.0 Lakhs per year
9 years	₹13.5 Lakhs to ₹30.0 Lakhs per year

and so on.

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L&T Finance Team Manager Salaries in Mumbai

L&T Finance Team Manager salary in Mumbai ranges between ₹11 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 116 L&T Finance latest salaries received from various employees of L&T Finance.