Aavas Financiers Cluster Manager Salaries by 6 Employees

7 - 15 years exp.

₹7 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Cluster Manager Salary in NBFC Companies for 7 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 10 - 15 years exp. (3 salaries)	₹7.7 L/yr - ₹10 L/yr
Finance & Accounting Cluster Manager Salary 12 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.8 L/yr
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Sales & Business Development Cluster Manager Salary 14 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 1 Mar 2024

Companies similar to Aavas Financiers for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 4 - 18 years exp. (30 salaries)	₹6.8 L/yr - ₹20 L/yr 34% more
Sammaan Capital Limited Cluster Manager Salary 8 - 12 years exp. (3 salaries)	₹5 L/yr - ₹10.4 L/yr 10% less
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Piramal Capital Housing Finance Cluster Manager Salary 8 - 19 years exp. (65 salaries)	₹8.4 L/yr - ₹21 L/yr 66% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 27% less
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (145 salaries)	₹4 L/yr - ₹10.6 L/yr 20% less	3 job openings
Spandana Sphoorty Financial Cluster Manager Salary 0 - 10 years exp. (75 salaries)	₹3.2 L/yr - ₹7.2 L/yr 39% less
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	₹5.3 L/yr - ₹8.4 L/yr 23% less
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 18% more
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 14% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	₹3.7 L/yr - ₹7.5 L/yr 30% less	1 job opening
Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (13 salaries)	₹6.5 L/yr - ₹10.5 L/yr 4% less
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SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹5.8 L/yr - ₹15 L/yr 20% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 24% less
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	₹12 L/yr - ₹21.5 L/yr 76% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 20% less
CreditAccess Grameen Cluster Manager Salary 7 - 17 years exp. (6 salaries)	₹2.2 L/yr - ₹4.3 L/yr 61% less
Capri Global Capital Cluster Manager Salary 14 - 17 years exp. (5 salaries)	₹11 L/yr - ₹17.5 L/yr 72% more
Manappuram Finance Cluster Manager Salary 14 - 16 years exp. (4 salaries)	₹6.6 L/yr - ₹9.5 L/yr 6% less
PNB Housing Finance Cluster Manager Salary 8 - 15 years exp. (5 salaries)	₹5 L/yr - ₹17.3 L/yr 35% more
Tata Capital Housing Finance Cluster Manager Salary 10 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹17.7 L/yr 44% more

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Cluster Manager salary at Aavas Financiers ranges between ₹7 Lakhs to ₹13 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Cluster Manager salaries

Last Updated: 1 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
12 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹16.5 L/yr
13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹13 L/yr
15+ years (AmbitionBox Estimate)	₹10 L/yr - ₹18.8 L/yr

View all

Similar Designation salaries in Aavas Financiers

Store Manager Salary

(AmbitionBox Estimate)

₹41.4 L/yr - ₹52.9 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Area Manager Salary

(6 salaries)

₹4.13 L/yr - ₹10 L/yr

Deputy Manager Salary

(32 salaries)

₹3.5 L/yr - ₹8 L/yr

Business Manager Salary

(237 salaries)

₹2.5 L/yr - ₹8 L/yr

Sales Manager Salary

(36 salaries)

₹2.3 L/yr - ₹6 L/yr

Branch Manager Salary

(38 salaries)

₹3.6 L/yr - ₹8.22 L/yr

Territory Manager Salary

(3 salaries)

₹3.2 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(8 salaries)

₹3 L/yr - ₹12.89 L/yr

Relationship Manager Salary

(213 salaries)

₹1.5 L/yr - ₹4.9 L/yr

Top skills at Aavas Financiers for Cluster Manager

mortgage Home Loans Lap

Salary related reviews for Aavas Financiers

2.1

Rated by 2 employees for salary & benefits

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Work-life balance - Bad

Relationship Manager in Bhopal

Other Department

5.0

• posted on 13 May 2022

3.0

for Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chiling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is a lot politics and the management doesnt address our issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Business Manager in Vadodara

Affluent- Sales Department

3.0

• posted on 06 May 2022

3.0

for Salary and Benefits

Likes

Incentive structure and product is good.

Dislikes

Upper Management not supported Ground level staff. My salary cut down in Apr 21 due to COVID then management said it should be provide nine part of this 25% amount as month on month start to the next month but not received any time.

Skill development - Bad

+4 more

Business Manager in Jaipur

Sales & Business Development Department

4.0

• posted on 06 May 2021

5.0

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.

Salary - Excellent

+5 more

Senior Relationship Officer in Tiptur

Full Time

Sales & Business Development Department

4.0

• posted on 16 Oct 2024

3.0

for Salary and Benefits

Likes

It's been a pleasure to work in a reputed company like aavas, I was very much enjoyed my working period. The work frame and culture is appreciated . I would like to thank the organisation for giving my such a wonderful opertunity to be a part. Thank u

Job security - Good

+1 more

Dislikes

Earlier Incentives was too good, now incentives are restructured and paying less . Earlier salary package was also offered less.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Aavas Financiers Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Aavas Financiers ?

The average salary of a Cluster Manager at Aavas Financiers in India typically ranges from ₹7.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Cluster Manager at Aavas Financiers earn more than ₹12.7 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Cluster Manager Salaries at Aavas Financiers 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 6 Aavas Financiers employees in India.

What is the estimated take home salary of a Cluster Manager at Aavas Financiers in India?

The estimated take-home salary of a Cluster Manager at Aavas Financiers in India typically ranges from ₹64,044 to ₹65,676 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 7 years to 15 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 6 salaries received from various employees of Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Manager at Aavas Financiers ?

To be a Cluster Manager at Aavas Financiers in india, the key skills required include:

- mortgage
- Home Loans
- Lap

These skills are highly valued at Aavas Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aavas Financiers for Cluster Manager in India?

Poonawalla Fincorp	₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital	₹11.0 Lakhs to ₹17.5 Lakhs per year
Piramal Capital Housing Finance	₹8.4 Lakhs to ₹21.0 Lakhs per year
Tata Capital Housing Finance	₹7.3 Lakhs to ₹17.7 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹17.3 Lakhs per year

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

What is the salary of a Cluster Manager in companies similar to Aavas Financiers in India?

The salary of a Cluster Manager at companies similar to Aavas Financiers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹6.8 Lakhs to ₹20.0 Lakhs per year
SK Finance Limited	₹5.8 Lakhs to ₹15.0 Lakhs per year
Mahindra Finance	₹6.5 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Prime	₹6.5 Lakhs to ₹11.5 Lakhs per year
Kogta Financial India Limited	₹6.5 Lakhs to ₹10.5 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 Cluster Manager at Aavas Financiers in India?

The salary growth for a Cluster Manager at Aavas Financiers depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
7 years	₹7.0 Lakhs to ₹12.8 Lakhs per year
8 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
9 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
10 years	₹3.3 Lakhs to ₹8.5 Lakhs per year

and so on.

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Aavas Financiers Cluster Manager Salaries

Aavas Financiers Cluster Manager salary in India ranges between ₹7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Aavas Financiers latest salaries received from various employees of Aavas Financiers .