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Leela Bhanu has a strong background in the financial services industry. Leela started their career in 2002 as a Manager in Credit at Bank of Baroda, where they handled various responsibilities including credit appraisal, documentation, periodic review, recovery, and legal actions. In 2014, they joined Scope International as an AVP and worked there for a year. Currently, they are the Head of Credit Policy at Shiksha Financial Services India Private Ltd, a position they have held since September 2020.

Leela Bhanu attended St Mary's School in Chennai for their Higher Secondary Education. After completing their higher secondary schooling, Leela enrolled at the Institute of Cost and Work Accountants of India in 1994, where they pursued studies in Commerce for a year. Later, they pursued a degree in Business/Commerce, General at the University of Madras. The exact start and end years of their degree program are not specified.