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

6 - 17 years exp.

₹13 Lakhs - ₹24 Lakhs

Avg. annual salary

Monthly In-hand Salary

93% more than the average Cluster Manager Salary in NBFC Companies for 6 - 17 years of experience

Interested in this particular role? 82 job openings

Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 7 - 16 years exp. (4 salaries)	₹15 L/yr - ₹22 L/yr
Sales & Business Development Cluster Manager Salary 7 - 13 years exp. (4 salaries)	₹15 L/yr - ₹19.6 L/yr
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Finance & Accounting Cluster Manager Salary 6 - 12 years exp. (3 salaries)	₹13 L/yr - ₹22.4 L/yr

Last Updated: 2 Apr 2025

Companies similar to Bajaj Finance for Cluster Manager in Mumbai

Bajaj Finance Cluster Manager Salary

6 - 17 years exp. (19 salaries)

₹13 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Cluster Manager Salary 13 - 23 years exp. (15 salaries)	₹16 L/yr - ₹21 L/yr 1% more	8 job openings
Reliance Retail Cluster Manager Salary 9 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹17 L/yr 37% less
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Reliance General Insurance Cluster Manager Salary 9 - 18 years exp. (30 salaries)	₹6.7 L/yr - ₹17.5 L/yr 34% less
Aditya Birla Sun Life Insurance Cluster Manager Salary 4 - 13 years exp. (29 salaries)	₹6.8 L/yr - ₹14 L/yr 43% less
HDFC Life Cluster Manager Salary 5 - 16 years exp. (27 salaries)	₹6 L/yr - ₹12.5 L/yr 55% less	1 job opening

Cluster Manager salary at Bajaj Finance ranges between ₹13 Lakhs to ₹24 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 19 latest salaries received from various employees of Bajaj Finance.

Latest annual salaries shared by Bajaj Finance Cluster Manager in Mumbai

5d ago

₹24 Lakhs

9 years exp.

4w ago

₹18 Lakhs

8 years exp.

1mo ago

₹22 Lakhs

8 years exp.

3mo ago

₹22.4 Lakhs

12 years exp.

4mo ago

₹18 Lakhs

7 years exp.

7mo ago

16 years exp.

8mo ago

13 years exp.

11mo ago

17 years exp.

11mo ago

9 years exp.

11mo ago

8 years exp.

Experience wise Bajaj Finance Cluster Manager salaries in Mumbai

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
7 years (3 salaries)	₹15 L/yr - ₹35.7 L/yr
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8 years (7 salaries)	₹14 L/yr - ₹22 L/yr
9 years (3 salaries)	₹15 L/yr - ₹24 L/yr
10 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
11 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.2 L/yr
12 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
13 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
14 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
15+ years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr

View all

From

Cluster Manager

5 - 17 years exp.

Senior Cluster Manager

6 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finance

Sales Manager Salary

(105 salaries)

₹2.5 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

(47 salaries)

₹4.65 L/yr - ₹16.4 L/yr

Deputy Manager Salary

(19 salaries)

₹3.15 L/yr - ₹7 L/yr

Relationship Manager Salary

(9 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Area Manager Salary

(6 salaries)

₹8 L/yr - ₹14.25 L/yr

Cluster Head Salary

(4 salaries)

₹16 L/yr - ₹19.66 L/yr

Top skills at Bajaj Finance for Cluster Manager

Team Management Salesforce Business Development Digital Marketing Channel Sales Collections Loan Recovery Retail Sales Channel Management Team Handling Customer Service Debt Management Collection Management Collections Strategy Agency Management

Salary related reviews for Bajaj Finance

4.5

Rated by 3 employees for salary & benefits

Cluster Manager in Surat

Administration & Facilities Department

5.0

• posted on 16 Feb 2020

4.0

for Salary and Benefits

Likes

It's fun to work with great experience in the field of finance. The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality financial products and has a across country clientele.

Salary - Good

+6 more

Dislikes

Compensation is decent, but work pressure is very high. At times it has happened that managers do not value an individual's unique strengths, which is why I have to take back my suggestions.

Area Sales Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing

Skill development - Excellent

Dislikes

Huge pressure No work life balance All Sunday and holiday working All leave day works even medical leave They require asm who have memory and processer of super computer in the salary of celeron processor salary. Please do not join this company save your life from heart attack

Job security - Bad

+4 more

Sales Officer in Madurai

Full Time

Other Department

1.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

Skill development - Bad

+4 more

Sales Officer in Durgapur

Full Time

Sales & Business Development Department

4.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

ITS NICE TO WORK HERE , DAILY MEETING WITH PEOPLES AND HAVING CONVERSATION WITH THEM. YOU CAN GROW UP YOUR MARKETING SKILLS HERE . AND DAILY INTERACTIONS WITH PEOPLE MAKE YOUR SPEAKING POWER GROW.

Skill development - Excellent

+3 more

Dislikes

JUST ONE DISPUIT IS THAT AS PER WORKING HOUR AND AS PER WORKING PREASURE SALARY AMOUNT IS NOT SATISFIED

Salary - Poor

Sales Manager in Amritsar

Full Time

Sales & Business Development Department

3.0

• posted on 10 Oct 2021

5.0

for Salary and Benefits

Likes

Salary on time. Salary and incentives are very good. Company gives incentives open heartedly to get work done.

Salary - Excellent

+1 more

Dislikes

Work culture is zero. They treat you like a machine. Intense work pressure. Received call even at 11 p.m for numbers. Once i had to work with 102 fever . Very abusive. Every one from top to low level use abusive level in offical meetings and conf. Calls. Zero personal life. Has to work on sundays most of the times. No leaves

Work satisfaction - Bad

+2 more

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Top trending discussions

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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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Bajaj Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Bajaj Finance in Mumbai?

The average salary of a Cluster Manager at Bajaj Finance in Mumbai typically ranges from ₹13.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Cluster Manager in Mumbai at Bajaj Finance earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Cluster Manager Salaries at Bajaj 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 10+ Bajaj Finance employees in India.

What is the estimated take home salary of a Cluster Manager at Bajaj Finance in Mumbai?

The estimated take-home salary of a Cluster Manager at Bajaj Finance in Mumbai typically ranges from ₹1,27,892 to ₹1,32,200 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 6 years to 17 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 10+ salaries received from various employees of Bajaj Finance. 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 Bajaj Finance in Mumbai?

To be a Cluster Manager at Bajaj Finance in Mumbai, the key skills required include:

- Team Management
- Salesforce
- Business Development
- Digital Marketing
- Channel Sales

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

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

HDB Financial Services

₹16.0 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Cluster Manager in companies similar to Bajaj Finance in Mumbai?

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

Reliance General Insurance	₹6.7 Lakhs to ₹17.5 Lakhs per year
Reliance Retail	₹6.5 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.8 Lakhs to ₹14.0 Lakhs per year
HDFC Life	₹6.0 Lakhs to ₹12.5 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 Bajaj Finance in Mumbai?

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

Experience	Average Salary Range
6 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
7 years	₹15.0 Lakhs to ₹35.7 Lakhs per year
8 years	₹14.0 Lakhs to ₹22.0 Lakhs per year
9 years	₹15.0 Lakhs to ₹24.0 Lakhs per year

and so on.

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Bajaj Finance Cluster Manager Salaries in Mumbai

Bajaj Finance Cluster Manager salary in Mumbai ranges between ₹13 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Bajaj Finance latest salaries received from various employees of Bajaj Finance.