Annapurna Finance Cluster Manager Salaries by 10+ Employees (Updated 2025)

4 - 13 years exp.

₹5 Lakhs - ₹10 Lakhs

Salary of majority employees

16% less than the average Cluster Manager Salary in NBFC Companies for 4 - 13 years of experience

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Salaries in different departments

Finance & Accounting Cluster Manager Salary 7 - 11 years exp. (7 salaries)	₹5 L/yr - ₹10 L/yr
BFSI, Investments & Trading Cluster Manager Salary 4 - 13 years exp. (5 salaries)	₹5 L/yr - ₹8.5 L/yr
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Sales & Business Development Cluster Manager Salary 8 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10 L/yr

Last Updated: 18 Sep 2024

Companies similar to Annapurna Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (64 salaries)	₹5.3 L/yr - ₹8.4 L/yr 11% less
Ujjivan Financial Services Cluster Manager Salary 3 - 7 years exp. (4 salaries)	₹5.2 L/yr - ₹8 L/yr 14% less	5 job openings
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Equitas Small Finance Bank Cluster Manager Salary 7 - 14 years exp. (60 salaries)	₹5 L/yr - ₹10.5 L/yr 1% less
Jana Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (21 salaries)	₹5.9 L/yr - ₹15.8 L/yr 22% more
Spandana Sphoorty Financial Cluster Manager Salary 0 - 10 years exp. (90 salaries)	₹3 L/yr - ₹7.5 L/yr 29% less
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (141 salaries)	₹4 L/yr - ₹10.4 L/yr 10% less	1 job opening
Cholamandalam Investment & Finance Cluster Manager Salary 11 - 15 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 7% more
AU Small Finance Bank Cluster Manager Salary 11 - 18 years exp. (92 salaries)	₹8 L/yr - ₹30.3 L/yr 128% more
Bajaj Finance Cluster Manager Salary 5 - 14 years exp. (248 salaries)	₹7.8 L/yr - ₹29.5 L/yr 153% more
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (244 salaries)	₹9.5 L/yr - ₹26 L/yr 129% more
SMFG India Credit Cluster Manager Salary 8 - 19 years exp. (73 salaries)	₹5 L/yr - ₹21 L/yr 55% more
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Piramal Capital Housing Finance Cluster Manager Salary 8 - 19 years exp. (59 salaries)	₹8.4 L/yr - ₹20.9 L/yr 84% more
Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (32 salaries)	₹6.5 L/yr - ₹16 L/yr 31% more
IDFC FIRST Bharat Cluster Manager Salary 6 - 15 years exp. (31 salaries)	₹4.2 L/yr - ₹13.3 L/yr 18% more
Tata Capital Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹7.5 L/yr - ₹15.7 L/yr 64% more	3 job openings
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (16 salaries)	₹4 L/yr - ₹7.5 L/yr 22% less
SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (12 salaries)	₹7.3 L/yr - ₹15 L/yr 44% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 18% less
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 17% less
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 9% less

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Cluster Manager salary at Annapurna Finance ranges between ₹5 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 14 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Cluster Manager salaries

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.8 L/yr
7 years (3 salaries)	₹5.5 L/yr - ₹8.5 L/yr
8 years (3 salaries)	₹5 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.8 L/yr
12 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.6 L/yr

View all

Similar Designation salaries in Annapurna Finance

Store Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

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(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Area Manager Salary

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₹4.7 L/yr - ₹8.5 L/yr

Deputy Manager Salary

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₹2.5 L/yr - ₹7.39 L/yr

Sales Manager Salary

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₹2.5 L/yr - ₹3.28 L/yr

Branch Manager Salary

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₹2 L/yr - ₹6.6 L/yr

Area Sales Manager Salary

(5 salaries)

₹12 L/yr - ₹14 L/yr

Relationship Manager Salary

(9 salaries)

₹2.31 L/yr - ₹4.7 L/yr

Area Business Manager Salary

(6 salaries)

₹5.21 L/yr - ₹12.39 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for Annapurna Finance

4.0

Rated by 4 employees for salary & benefits

Deputy Manager in Bhubaneswar

Full Time

Other Department

2.0

• posted on 21 Apr 2023

1.0

for Salary and Benefits

Likes

Scope. There indeed is a lot to learn on practical aspevts but again its an individuals choice. Good to start career with such org but not a good haul to stay fr long period as you might feel stagnant.

Dislikes

Culture and baised way of salary structure. Unprofessional way of work. No value for quality work. More of a sheep or donkey rearing place. Unorganised work and heavy load with no appropriate compensation.

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.

Sales Executive in Sillod

FCO Department

4.0

• posted on 30 Jan 2020

4.0

for Salary and Benefits

Likes

I like Annapurna finance Pvt.Ltd. Compensation & benefits

Dislikes

Compensation is decent but growth is slow The work pressure is very high.Sometimes, I have to work 14 -18 hours Straight in a day as I have to attend clint calls in the evening and sometimes late into the night. Managers do not value an individuals' unique strengths, which is why I have to take back my suggestions most of the times. Ido receive appreciation emails from my clint, but they mostly go unnoticed during my mid-year appraisals.

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 .

Dislikes

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

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Annapurna Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Annapurna Finance?

Cluster Manager salary at Annapurna Finance in India ranges between ₹5.0 Lakhs to ₹10.0 Lakhs for experience between 4 years to 13 years. According to our estimates it is 16% less than the average Cluster Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Annapurna Finance India.

How does the salary of a Cluster Manager at Annapurna Finance India compare with the average salary range for this job?

The average salary of a Cluster Manager at Annapurna Finance is 16% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Annapurna Finance to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹7.8 Lakhs to ₹29.5 Lakhs per year
HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹26.0 Lakhs per year
AU Small Finance Bank Cluster Manager Salary - ₹8.0 Lakhs to ₹30.3 Lakhs per year
Piramal Capital Housing Finance Cluster Manager Salary - ₹8.4 Lakhs to ₹20.9 Lakhs per year
Tata Capital Cluster Manager Salary - ₹7.5 Lakhs to ₹15.7 Lakhs per year

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

SMFG India Credit Cluster Manager Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year
SK Finance Limited Cluster Manager Salary - ₹7.3 Lakhs to ₹15.0 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Jana Small Finance Bank Cluster Manager Salary - ₹5.9 Lakhs to ₹15.8 Lakhs per year
IDFC FIRST Bharat Cluster Manager Salary - ₹4.2 Lakhs to ₹13.3 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at Annapurna Finance ranges between ₹56,825 per month to ₹58,252 per month in India. The take-home salary calculation is based on the average Annapurna Finance Cluster Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Annapurna Finance?

According to AmbitionBox, 67% of the Annapurna Finance Cluster Managers reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Annapurna Finance Cluster Manager Salaries

Annapurna Finance Cluster Manager salary in India ranges between ₹5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Annapurna Finance latest salaries received from various employees of Annapurna Finance.