Lumax Auto Technologies Ltd Finance Manager Salaries by 4 Employees

3 - 29 years exp.

₹8.8 Lakhs - ₹14 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Finance Manager Salary in Auto Components Companies for 3 - 29 years of experience

Interested in this particular role?

Last Updated: 27 Oct 2024

Companies similar to Lumax Auto Technologies Ltd for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Hanon Systems Finance Manager Salary 12 - 28 years exp. (6 salaries)	₹23 L/yr - ₹30 L/yr 141% more
Adient Finance Manager Salary 17 - 19 years exp. (6 salaries)	₹18 L/yr - ₹18.9 L/yr 74% more
Login to view exact salary
Gestamp Finance Manager Salary 16 - 27 years exp. (5 salaries)	₹13.7 L/yr - ₹18.5 L/yr 50% more
Fiem Industries Finance Manager Salary 7 - 12 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 15% less
Knorr-Bremse Finance Manager Salary 4 - 25 years exp. (4 salaries)	₹11 L/yr - ₹20 L/yr 39% more
American Axle & Manufacturing Finance Manager Salary 15 - 24 years exp. (3 salaries)	₹17 L/yr - ₹48.1 L/yr 228% more
Talbros Finance Manager Salary 15 - 19 years exp. (3 salaries)	₹15 L/yr - ₹16 L/yr 46% more
Maxop Engineering Co. Finance Manager Salary 3 - 5 years exp. (3 salaries)	₹16 L/yr - ₹20 L/yr 74% more

Finance Manager salary at Lumax Auto Technologies Ltd ranges between ₹8.8 Lakhs to ₹14 Lakhs per year for employees with experience between 3 years to 29 years. Salary estimates are based on 4 latest salaries received from various employees of Lumax Auto Technologies Ltd.

Experience wise Lumax Auto Technologies Ltd Finance Manager salaries

Last Updated: 27 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr

Similar Designation salaries in Lumax Auto Technologies Ltd

Branch Manager Salary

(AmbitionBox Estimate)

₹12.5 L/yr - ₹16 L/yr

Deputy Manager Salary

(30 salaries)

₹6 L/yr - ₹14 L/yr

Area Sales Manager Salary

(3 salaries)

₹4.1 L/yr - ₹5 L/yr

Finance Executive Salary

(3 salaries)

₹4.5 L/yr - ₹4.8 L/yr

Branch Head Salary

(3 salaries)

₹6.5 L/yr - ₹7.6 L/yr

Sales Officer Salary

(3 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Accountant Salary

(4 salaries)

₹4.1 L/yr - ₹7.7 L/yr

Sales Executive Salary

(5 salaries)

₹3.2 L/yr - ₹3.84 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹71.3 L/yr - ₹78.8 L/yr

Salary related reviews for Lumax Auto Technologies Ltd

4.0

Rated by 1 employees for salary & benefits

Production Engineer in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 14 May 2022

1.0

for Salary and Benefits

Likes

Not better to make future in this company its good only for cost cutting. Safety shoes not provided to any manpower. They take hardworking without any facilities. I think this company known by its ancestors only. I request you to not join this company Thank you

Dislikes

Everything in this company

Salary - Bad

+6 more

Production Engineer in Pantnagar

Production, Manufacturing & Engineering Department

4.0

• posted on 11 Nov 2021

4.0

for Salary and Benefits

Likes

...yees family health safety. Lumax is totally systematic and neat & clean company. Salary timing is best in Lumax company, Lumax salary paid his employees in 1st day of every month.

Salary - Good

+4 more

Dislikes

Lumax salary grown is very slowly for new joining like GET & DET Employees.

Quality Inspector in Bellur, Kolar, Bengalore.

Quality Inspection Department

4.0

• posted on 22 Aug 2021

5.0

for Salary and Benefits

Likes

The work pressure is low as compare to other company. The management is quite ok. Work place is clean & hygiene.

Salary - Excellent

+3 more

Dislikes

Salary is quite low as compare to other company. increment is not on time it's depends on management. Food is average.

Injection Moulding Machine Operator in New Delhi

Research & Development Department

4.0

• posted on 05 Mar 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year. I do best work in team leader,engineer and also sift engineer.

Salary - Good

+6 more

Dislikes

Salary is average but career growth is slow. More pressure on our job.

Quality Inspector in New Delhi

Quality Department

1.0

• posted on 29 Oct 2020

1.0

for Salary and Benefits

Likes

Teammates are supportive and management is worst, company not helped lockdown time, salary little bit good

Dislikes

Management doesn’t address our issues. Salary is less And career growth 99% not possible. Canteen food is not good

Salary - Bad

+6 more

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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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Lumax Auto Technologies Ltd Finance Manager Salary FAQs

What is the salary of Finance Manager at Lumax Auto Technologies Ltd ?

The average salary of a Finance Manager at Lumax Auto Technologies Ltd in India typically ranges from ₹8.8 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 3 years to 29 years).

The top 10% of Finance Manager at Lumax Auto Technologies Ltd earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Finance Manager Salaries at Lumax Auto Technologies Ltd 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 Lumax Auto Technologies Ltd employees in India.

What is the estimated take home salary of a Finance Manager at Lumax Auto Technologies Ltd in India?

The estimated take-home salary of a Finance Manager at Lumax Auto Technologies Ltd in India typically ranges from ₹76,782 to ₹78,774 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 3 years to 29 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 Lumax Auto Technologies Ltd. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lumax Auto Technologies Ltd for Finance Manager in India?

American Axle & Manufacturing	₹17.0 Lakhs to ₹48.1 Lakhs per year
Hanon Systems	₹23.0 Lakhs to ₹30.0 Lakhs per year
Maxop Engineering Co.	₹16.0 Lakhs to ₹20.0 Lakhs per year
Adient	₹18.0 Lakhs to ₹18.9 Lakhs per year
Gestamp	₹13.7 Lakhs to ₹18.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lumax Auto Technologies Ltd, depending on the role and experience level.

What is the salary of a Finance Manager in companies similar to Lumax Auto Technologies Ltd in India?

The salary of a Finance Manager at companies similar to Lumax Auto Technologies Ltd in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Talbros	₹15.0 Lakhs to ₹16.0 Lakhs per year
Knorr-Bremse	₹11.0 Lakhs to ₹20.0 Lakhs per year
Fiem Industries	₹7.0 Lakhs to ₹13.5 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 Finance Manager at Lumax Auto Technologies Ltd in India?

The salary growth for a Finance Manager at Lumax Auto Technologies Ltd depends on factors such as experience, performance, and promotions. On average, a Finance Manager can expect the following growth trajectory at Lumax Auto Technologies Ltd:

Experience	Average Salary Range
3 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
4 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
15 years	₹10.3 Lakhs to ₹13.1 Lakhs per year

and so on.

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Lumax Auto Technologies Ltd Finance Manager Salaries

Lumax Auto Technologies Ltd Finance Manager salary in India ranges between ₹8.8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lumax Auto Technologies Ltd latest salaries received from various employees of Lumax Auto Technologies Ltd.