Cholamandalam Investment & Finance Cluster Manager Salaries by 4 Employees (Updated 2025)

13 - 15 years exp.

₹9.6 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

Unlock

14% more than the average Cluster Manager Salary in Financial Services Companies for 13 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Cluster Manager Salary 14 years exp. (AmbitionBox Estimate)	Unlock ₹8.9 L/yr - ₹10.9 L/yr
Login to view exact salary
Marketing & Communication Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	Unlock ₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 18 Jan 2025

Companies similar to Cholamandalam Investment & Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (275 salaries)	Unlock ₹8 L/yr - ₹29.5 L/yr 87% more	107 job openings
HDFC Bank Cluster Manager Salary 5 - 17 years exp. (25 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 3% more
Login to view exact salary
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 1% less
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	Unlock ₹6.5 L/yr - ₹15.5 L/yr 17% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	Unlock ₹4.2 L/yr - ₹8.1 L/yr 39% less
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (164 salaries)	Unlock ₹5 L/yr - ₹14 L/yr 21% less
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (144 salaries)	Unlock ₹4 L/yr - ₹10.6 L/yr 33% less	3 job openings
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹13.4 L/yr 7% more
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	Unlock ₹16 L/yr - ₹17.1 L/yr 61% more
Bajaj Finserv Cluster Manager Salary 6 - 14 years exp. (263 salaries)	Unlock ₹7.9 L/yr - ₹28 L/yr 76% more
IDFC FIRST Bharat Cluster Manager Salary 6 - 15 years exp. (31 salaries)	Unlock ₹4.5 L/yr - ₹13.3 L/yr 14% less
Login to view exact salary
Motilal Oswal Financial Services Cluster Manager Salary 7 - 17 years exp. (27 salaries)	Unlock ₹4.9 L/yr - ₹15.5 L/yr 8% less

Cluster Manager salary at Cholamandalam Investment & Finance ranges between ₹9.6 Lakhs to ₹13 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Cholamandalam Investment & Finance.

Experience wise Cholamandalam Investment & Finance Cluster Manager salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹9.9 L/yr - ₹18.7 L/yr
Login to view exact salary
15+ years (AmbitionBox Estimate)	Unlock ₹9.6 L/yr - ₹9.6 L/yr

Similar Designation salaries in Cholamandalam Investment & Finance

Cluster Head Salary

(AmbitionBox Estimate)

Unlock

₹12.6 L/yr - ₹16.1 L/yr

Area Manager Salary

(72 salaries)

Unlock

₹5.1 L/yr - ₹16.5 L/yr

Deputy Manager Salary

(146 salaries)

Unlock

₹1.8 L/yr - ₹4.55 L/yr

Business Manager Salary

(4 salaries)

Unlock

₹5 L/yr - ₹10.2 L/yr

Sales Manager Salary

(76 salaries)

Unlock

₹2 L/yr - ₹9.15 L/yr

Branch Manager Salary

(71 salaries)

Unlock

₹2.75 L/yr - ₹10.5 L/yr

Territory Manager Salary

(4 salaries)

Unlock

₹2.4 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

(161 salaries)

Unlock

₹5.08 L/yr - ₹19.5 L/yr

Relationship Manager Salary

(172 salaries)

Unlock

₹2 L/yr - ₹6 L/yr

Area Business Manager Salary

(272 salaries)

Unlock

₹5.72 L/yr - ₹20.5 L/yr

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.

Salary - Bad

+6 more

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.

Salary - Bad

+6 more

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.

Skill development - Bad

+4 more

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

Salary - Good

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

Skill development - Bad

+5 more

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

Salary - Good

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

Job security - Bad

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Cholamandalam Investment & Finance

View All

a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportun... read more

Got a question about Cholamandalam Investment & Finance?

Ask anonymously on communities.

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 ₹9.6 Lakhs to ₹13.0 Lakhs for experience between 13 years to 15 years. According to our estimates it is 14% more than the average Cluster Manager Salary in India. Salary estimates are based on 4 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 14% more 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 ₹29.5 Lakhs per year
Bajaj Finserv Cluster Manager Salary - ₹7.9 Lakhs to ₹28.0 Lakhs per year
Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year

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

HDFC Bank Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Motilal Oswal Financial Services Cluster Manager Salary - ₹4.9 Lakhs to ₹15.5 Lakhs per year
IDFC FIRST Bharat Cluster Manager Salary - ₹4.5 Lakhs to ₹13.3 Lakhs per year
Aditya Birla Capital Cluster Manager Salary - ₹5.0 Lakhs to ₹14.0 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 ₹75,100 per month to ₹77,044 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 ₹9.6 Lakhs to ₹13.0 Lakhs per year for employees with experience between 13 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, 60% of the Cholamandalam Investment & Finance Cluster Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Cholamandalam Investment & Finance Cluster Manager Salaries by Location

Home >
Salaries >
Cholamandalam Investment & Finance Salaries >
Cholamandalam Investment & Finance Cluster Manager Salaries

Cholamandalam Investment & Finance Cluster Manager salary in India ranges between ₹9.6 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.