Cluster Branch Manager
Annual salary range
₹4.7 Lakhs - ₹23 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byCluster Branch Manager Salary in Insurance in India
based on 317
latest salaries
• updated:
3 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Cluster Branch Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
6
years
(10
salaries)
|  ₹5 L/yr - ₹14.5 L/yr |
7
years
(19
salaries)
| ₹5.1 L/yr - ₹18 L/yr |
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| |
8
years
(15
salaries)
| ₹4.7 L/yr - ₹11 L/yr |
9
years
(12
salaries)
| ₹6 L/yr - ₹17.8 L/yr |
10
years
(27
salaries)
| ₹5.2 L/yr - ₹19.5 L/yr |
View all salaries by experience
Cluster Branch Manager Salary in
India ranges between ₹4.7
Lakhs to ₹23
Lakhs for
6 years of experience to 19 years of experience
. Salary estimates are based on
317 latest salaries received
from Cluster Branch Manager.
See latest salaries
Cluster Branch Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Cluster Branch Manager Salary
6 - 18
years
exp.
(38
salaries)
| ₹5.6 L/yr - ₹16.5 L/yr |
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| |
Sales & Business Development
Cluster Branch Manager Salary
7 - 18
years
exp.
(18
salaries)
| ₹7.1 L/yr - ₹17 L/yr |
Latest annual salaries shared by Cluster Branch Managers
2d ago
DCB Bank
Cluster Branch Manager
19 years exp.
3d ago
Care Health Insurance
Cluster Branch Manager
8 years exp.
1w ago
CSB Bank
Cluster Branch Manager
13 years exp.
1w ago
MINTIFI
Cluster Branch Manager
12 years exp.
1w ago
Annapurna Finance
Cluster Branch Manager
8 years exp.
1w ago
Equitas Small Finance Bank
Cluster Branch Manager
17 years exp.
3w ago
Canara HSBC Life Insurance
Cluster Branch Manager
11 years exp.
3w ago
IndusInd Bank
Cluster Branch Manager
15 years exp.
1mo ago
Tyger Capital
Cluster Branch Manager
7 years exp.
1mo ago
Max Life Insurance
Cluster Branch Manager
8 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
6 -
15
yrs
exp.
(23 salaries)
|
₹5.5 L/yr - ₹12.1 L/yr | |
11 -
18
yrs
exp.
(20 salaries)
|
₹8 L/yr - ₹18.5 L/yr | |
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| ||
10 -
16
yrs
exp.
(16 salaries)
|
₹10.8 L/yr - ₹16.5 L/yr | |
5 -
9
yrs
exp.
(5 salaries)
|
₹7.2 L/yr - ₹10 L/yr | |
15 -
18
yrs
exp.
(5 salaries)
|
₹10 L/yr - ₹18.2 L/yr | |
17 -
20
yrs
exp.
(4 salaries)
|
₹7 L/yr - ₹14.5 L/yr | |
5 -
11
yrs
exp.
(4 salaries)
|
₹6.7 L/yr - ₹10 L/yr | |
5 -
8
yrs
exp.
(4 salaries)
|
₹5 L/yr - ₹5.6 L/yr | |
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| ||
11 -
14
yrs
exp.
(4 salaries)
|
₹8 L/yr - ₹10 L/yr | |
9 -
10
yrs
exp.
(AmbitionBox Estimate)
|
₹7.5 L/yr - ₹9.5 L/yr | |
Cluster Branch Manager Jobs in India
Cluster Branch Manager
· 5-10 years
SBFC Finance
Bareilly
Cluster Branch Manager
· 3-8 years
Hinduja Housing Finance
₹5
L/yr
- ₹10
L/yr
Hubli
Cluster Branch Manager
· 10-22 years
Dimensions HRD Consultants
₹21
L/yr
- ₹32
L/yr
New Delhi
Similar Designation Salaries for Cluster Branch Manager
| Designations | Avg Annual Salary |
|---|---|
Deputy Branch Manager Salary
4 -
13
years
exp.
(448 salaries)
| ₹3.6 L/yr - ₹8 L/yr |
Senior Branch Manager Salary
6 -
19
years
exp.
(955 salaries)
| ₹6.5 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Cluster Manager Salary
4 -
16
years
exp.
(2k salaries)
| ₹4 L/yr - ₹12.6 L/yr |
Assistant Branch Manager Salary
2 -
13
years
exp.
(1.1k salaries)
| ₹3.2 L/yr - ₹7.8 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(49.1k salaries)
| ₹2.6 L/yr - ₹17.9 L/yr |
View more similar designations
Salary related reviews by similar designations like Cluster Branch Manager
Tata AIG
Senior Manager
• posted on 30 May 2024
Likes
Salary compensation is good for MBA graduates, it can be a good start for a career for those interested in insurance industry
read moreDislikes
Working as a retail health underwriter there was no work life balance, month ends are always hectic, team politics, feeling of being left out in terms of work it seemed like only specific people in the team are giving importance and projects rest will do the mundane work. No leadership to look upto,even when changed the team
read moreICICI Lombard General Insurance Company
Chief Manager
• posted on 04 Oct 2023
Likes
The company is extremely customer-friendly and open to accept new technology. The amount of efforts put in creating better customer experience is superb.
read moreDislikes
When it comes to appraisals and salary increments, it is not transparent. They have a poor appraisal system and it is heavily partial.
read moreCanara HSBC Life Insurance
Assistant Manager
• posted on 24 Feb 2022
Likes
Very good
Dislikes
Salary starts from 25 for all experience and for high experience is same . Incentive is good and in time . I have no negative for this company because of good experience
read moreICICI Lombard General Insurance Company
Chief Manager
• posted on 08 Apr 2024
Likes
Compensation, growth prospect, learning, work culture depending on tea.
Dislikes
Work Life Balance, HR policies, management changes
ICICI Lombard General Insurance Company
Area Sales Manager
• posted on 06 May 2023
Likes
-Work culture -Job security - work life balance
Dislikes
Excess sales pressure Difficult to get Promotion and salary hike
Top skills for Cluster Branch Manager
Cluster Branch Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
Bangalore / Bengaluru
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
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| |
New Delhi
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
Kolkata
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
Patna
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
View More
Cluster Branch Manager Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
Banking
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
Login to view exact salary
| |
NBFC
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
Banking / Insurance / Accounting
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
Internet
Cluster Branch Manager
6 -
19
years
exp.
| ₹4.7 L/yr - ₹23 L/yr |
View More
Frequently Asked Questions about Cluster Branch Manager Salaries
What is the salary of a Cluster Branch Manager in India?
Salary for a Cluster Branch Manager in India ranges between ₹4.7 Lakhs to ₹23.0 Lakhs per year. Salary estimates are based on 317 latest salaries received from various Cluster Branch Managers across industries.
What are the top paying companies that employ Cluster Branch Managers?
- Jana Small Finance Bank Cluster Branch Manager Salary - ₹20.5 Lakhs per year
- Yes Bank Cluster Branch Manager Salary - ₹19.5 Lakhs per year
- ICICI Bank Cluster Branch Manager Salary - ₹19.3 Lakhs per year
- DCB Bank Cluster Branch Manager Salary - ₹19.1 Lakhs per year
- IDFC FIRST Bank Cluster Branch Manager Salary - ₹18.9 Lakhs per year
What is the starting salary for a Cluster Branch Manager in India?
Average starting Salary for Cluster Branch Manager in India is around ₹4.7 Lakhs per year (₹39.2k per month). 6 years of minimum experience is required to be a Cluster Branch Manager.
What is the highest salary for a Cluster Branch Manager in India?
Highest salary that a Cluster Branch Manager can earn is ₹24.5 Lakhs per year (₹2.0L per month).
What are the top paying industries for Cluster Branch Manager in India?
- Banking - ₹1.8 Lakhs to 31.0 Lakhs per year
- Insurance - ₹5.0 Lakhs to 18.5 Lakhs per year
- Financial Services - ₹4.1 Lakhs to 18.0 Lakhs per year
- NBFC - ₹0.5 Lakhs to 22.5 Lakhs per year
- Internet - ₹4.4 Lakhs to 17.4 Lakhs per year
What are the top paying cities for Cluster Branch Manager in India?
- Kolkata - ₹8.0 Lakhs to 17.5 Lakhs per year
- Kharagpur - ₹7.0 Lakhs to 16.5 Lakhs per year
- Vellore - ₹8.0 Lakhs to 10.0 Lakhs per year
- Bangalore / Bengaluru - ₹7.0 Lakhs to 14.0 Lakhs per year
- Mumbai - ₹5.2 Lakhs to 10.0 Lakhs per year
What are the popular/top skills required to become a Cluster Branch Manager?
These are the top skills of a Cluster Branch Manager based on 4 jobs posted by employers.
- Recruitment
- Business Development
- Team Management
- Training
- Budgeting
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