Cholamandalam Investment & Finance Cluster Manager Salaries by 5 Employees (Updated 2024)

11 - 15 years exp.

₹5.7 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Cluster Manager Salary in Financial Services Companies for 11 - 15 years of experience

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Salaries in different departments

Finance & Accounting Cluster Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Cluster Manager Salary 14 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr
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Marketing & Communication Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 3 Dec 2024

Companies similar to Cholamandalam Investment & Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Manager Salary 5 - 16 years exp. (277 salaries)	₹8 L/yr - ₹28.5 L/yr 132% more
HDFC Bank Cluster Manager Salary 9 - 18 years exp. (28 salaries)	₹6.3 L/yr - ₹20 L/yr 52% more
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Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (33 salaries)	₹5 L/yr - ₹16 L/yr 19% more
Tata Capital Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹7.5 L/yr - ₹15.7 L/yr 56% more	2 job openings
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 21% less
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (168 salaries)	₹5 L/yr - ₹14 L/yr 7% more
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (138 salaries)	₹4 L/yr - ₹10.6 L/yr 14% less	1 job opening
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 39% more
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 108% more
Bajaj Finserv Cluster Manager Salary 5 - 14 years exp. (285 salaries)	₹7.8 L/yr - ₹27 L/yr 126% more
Motilal Oswal Financial Services Cluster Manager Salary 7 - 17 years exp. (31 salaries)	₹6.4 L/yr - ₹16.5 L/yr 26% more	1 job opening
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Cluster Manager salary at Cholamandalam Investment & Finance ranges between ₹5.7 Lakhs to ₹10 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Cluster Manager salaries

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.7 L/yr
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13 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.3 L/yr
15+ years (AmbitionBox Estimate)	₹9.6 L/yr - ₹18 L/yr

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Top skills at Cholamandalam Investment & Finance for Cluster Manager

channel management broking Wealth Management

Salary related reviews for Cholamandalam Investment & Finance

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Area Sales Manager in Jalgaon

Full Time

Sales & Business Development Department

3.0

• posted on 22 Aug 2023

4.0

for Salary and Benefits

Likes

Salary & benefits

Dislikes

There is no job security and there is lot of politics , can't give time to family while working there Focus on the task at hand and don't put pressure on the cross sell product & other

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Cholamandalam Investment & Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Cholamandalam Investment & Finance?

Cluster Manager salary at Cholamandalam Investment & Finance in India ranges between ₹5.7 Lakhs to ₹10.0 Lakhs for experience between 11 years to 15 years. According to our estimates it is 12% less than the average Cluster Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Investment & Finance India.

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

The average salary of a Cluster Manager at Cholamandalam Investment & Finance is 12% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at Cholamandalam Investment & Finance?

channel management, broking and Wealth Management are some of the popular skills required to work as a Cluster Manager at Cholamandalam Investment & Finance India.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹8.0 Lakhs to ₹28.5 Lakhs per year
Bajaj Finserv Cluster Manager Salary - ₹7.8 Lakhs to ₹27.0 Lakhs per year
Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
Tata Capital Cluster Manager Salary - ₹7.5 Lakhs to ₹15.7 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹6.3 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Cholamandalam Investment & Finance in India?

Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
Motilal Oswal Financial Services Cluster Manager Salary - ₹6.4 Lakhs to ₹16.5 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Aditya Birla Capital Cluster Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Muthoot Finance Cluster Manager Salary - ₹4.0 Lakhs to ₹10.6 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at Cholamandalam Investment & Finance ranges between ₹59,383 per month to ₹60,882 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Cluster Manager salary in India which ranges between ₹5.7 Lakhs to ₹10.0 Lakhs per year for employees with experience between 11 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Cholamandalam Investment & Finance?

According to AmbitionBox, 75% of the Cholamandalam Investment & Finance Cluster Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Cholamandalam Investment & Finance Cluster Manager Salaries

Cholamandalam Investment & Finance Cluster Manager salary in India ranges between ₹5.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.