Annapurna Finance Cluster Business Manager Salaries by 20+ Employees (Updated 2025)

2 - 16 years exp.

₹4.8 Lakhs - ₹10.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Cluster Business Manager Salary in NBFC Companies for 2 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Cluster Business Manager Salary 7 - 16 years exp. (12 salaries)	₹4.8 L/yr - ₹10.6 L/yr
Sales & Business Development Cluster Business Manager Salary 6 - 14 years exp. (5 salaries)	₹7.3 L/yr - ₹10.7 L/yr
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Finance & Accounting Cluster Business Manager Salary 2 - 10 years exp. (3 salaries)	₹6.1 L/yr - ₹9.5 L/yr

Last Updated: 3 Apr 2025

Companies similar to Annapurna Finance for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Cluster Business Manager Salary 9 - 14 years exp. (28 salaries)	₹4.9 L/yr - ₹12.1 L/yr 6% more
Fusion Microfinance Cluster Business Manager Salary 8 - 12 years exp. (6 salaries)	₹9.7 L/yr - ₹10.8 L/yr 20% more
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Muthoot Fincorp Cluster Business Manager Salary 20 - 22 years exp. (4 salaries)	₹16.2 L/yr - ₹22.5 L/yr 123% more
Svatantra Microfin Cluster Business Manager Salary 6 - 10 years exp. (4 salaries)	₹6.5 L/yr - ₹8.5 L/yr 16% less	1 job opening
Asirvad Microfinance Cluster Business Manager Salary 10 - 21 years exp. (4 salaries)	₹6.3 L/yr - ₹8.1 L/yr 16% less
Piramal Capital Housing Finance Cluster Business Manager Salary 10 - 17 years exp. (4 salaries)	₹10.8 L/yr - ₹18.5 L/yr 72% more
Muthoot Finance Cluster Business Manager Salary 12 - 20 years exp. (4 salaries)	₹3.5 L/yr - ₹6.8 L/yr 38% less
HDB Financial Services Cluster Business Manager Salary 14 - 17 years exp. (4 salaries)	₹14.8 L/yr - ₹21.3 L/yr 102% more
IIFL Finance Cluster Business Manager Salary 12 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹11 L/yr 10% more

Cluster Business Manager salary at Annapurna Finance ranges between ₹4.8 Lakhs to ₹10.7 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 21 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Cluster Business Manager salaries

Last Updated: 3 Apr 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
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4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
8 years (4 salaries)	₹4.8 L/yr - ₹15.2 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
10 years (5 salaries)	₹6.1 L/yr - ₹15.5 L/yr
11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
15+ years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr

View all

Similar Designation salaries in Annapurna Finance

Branch Manager Salary

(150 salaries)

₹2.05 L/yr - ₹6.25 L/yr

Assistant Branch Manager Salary

(97 salaries)

₹1.5 L/yr - ₹4.1 L/yr

Cluster Manager Salary

(16 salaries)

₹5 L/yr - ₹10 L/yr

Senior Relationship Officer Salary

(15 salaries)

₹2.38 L/yr - ₹3.5 L/yr

Senior Branch Manager Salary

(12 salaries)

₹3.5 L/yr - ₹6.2 L/yr

Sales Officer Salary

(12 salaries)

₹2.1 L/yr - ₹2.7 L/yr

Zonal Manager Salary

(11 salaries)

₹8.95 L/yr - ₹15 L/yr

Relationship Manager Salary

(11 salaries)

₹2 L/yr - ₹4.7 L/yr

State Head Salary

(7 salaries)

₹8.3 L/yr - ₹17.5 L/yr

Senior Area Manager Salary

(6 salaries)

₹8 L/yr - ₹8.4 L/yr

Top skills at Annapurna Finance for Cluster Business Manager

Team Handling Mortgage Loans Team Management

Salary related reviews for Annapurna Finance

5.0

Rated by 2 employees for salary & benefits

Business Development in Bhubaneswar

Full Time

Operations Department

3.0

• posted on 05 Dec 2022

4.0

for Salary and Benefits

Likes

Only good thing is salary gets credited on the month end day.

Salary - Good

Dislikes

1. Before joining they collect original 10th cerificate and don't give you in your need 2. Job location minimum 100km from home location 3. No leave

Skill development - Poor

+4 more

State Head in Patna

BFSI, Investments & Trading Department

5.0

• posted on 12 Nov 2021

5.0

for Salary and Benefits

Likes

... always thinking for staff benifits. Time to time rewards and benifits provided. Appraisal, salary hike every year.

Salary - Excellent

+6 more

Dislikes

Area Business Manager in Raipur

Business Operations Department

1.0

• posted on 10 Mar 2022

1.0

for Salary and Benefits

Likes

Nothing, seniors are full of shit, all are bootlicker and expect the same from juniors. Everything seems fishy here. Need a strong surprise audit of all past 5 year transactions by the company from regulatory bodies on all level.

Dislikes

They think work culture is a joke, they don't think about employees. Un necessary deductions from salary. Senior Management is Highly biased towards employees belongs to other than Orissa state. They even forge the Great place to work database to get good ratings.

Salary - Bad

+6 more

Branch Manager

Finance & Accounting Department

5.0

• posted on 11 Dec 2018

3.0

for Salary and Benefits

Likes

Annapurana microfinance pvt.Ltd. is the finest work place for fresher's who wants to make carrier in finance department or banking. Here job is challenging and a good work place .

Skill development - Good

+2 more

Dislikes

This company has no time limit to work ,monthly 4 leaves, good salary and timing, branch management not good.

Company culture - Poor

Management Associate in Bhubaneswar

Full Time

Quality Assurance Department

1.0

• posted on 25 Aug 2024

1.0

for Salary and Benefits

Likes

On time salary.

Dislikes

Behaviour of HOD's. Some HOD's have no vision they are very much confused what to do and don't have proper knowledge. No Work life balance. Some times you have to seat beyond working hours just for oil polishing to bosses.

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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Annapurna Finance Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at Annapurna Finance ?

The average salary of a Cluster Business Manager at Annapurna Finance in India typically ranges from ₹4.8 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Cluster Business Manager at Annapurna Finance earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹10.7 Lakhs per year. Cluster Business Manager Salaries at Annapurna 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 20+ Annapurna Finance employees in India.

What is the estimated take home salary of a Cluster Business Manager at Annapurna Finance in India?

The estimated take-home salary of a Cluster Business Manager at Annapurna Finance in India typically ranges from ₹62,440 to ₹64,025 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 2 years to 16 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 20+ salaries received from various employees of Annapurna Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Business Manager at Annapurna Finance ?

To be a Cluster Business Manager at Annapurna Finance in india, the key skills required include:

- Team Handling
- Mortgage Loans
- Team Management

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

Which companies offer higher salaries than Annapurna Finance for Cluster Business Manager in India?

Muthoot Fincorp	₹16.2 Lakhs to ₹22.5 Lakhs per year
HDB Financial Services	₹14.8 Lakhs to ₹21.3 Lakhs per year
Piramal Capital Housing Finance	₹10.8 Lakhs to ₹18.5 Lakhs per year
Fusion Microfinance	₹9.7 Lakhs to ₹10.8 Lakhs per year
IIFL Finance	₹8.5 Lakhs to ₹11.0 Lakhs per year

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

What is the salary of a Cluster Business Manager in companies similar to Annapurna Finance in India?

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

SMFG India Credit	₹4.9 Lakhs to ₹12.1 Lakhs per year
Svatantra Microfin	₹6.5 Lakhs to ₹8.5 Lakhs per year
Asirvad Microfinance	₹6.3 Lakhs to ₹8.1 Lakhs per year
Muthoot Finance	₹3.5 Lakhs to ₹6.8 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 Business Manager at Annapurna Finance in India?

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

Experience	Average Salary Range
2 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
4 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
5 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

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Annapurna Finance Cluster Business Manager Salaries

Annapurna Finance Cluster Business Manager salary in India ranges between ₹4.8 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Annapurna Finance latest salaries received from various employees of Annapurna Finance.