ESAF Small Finance Bank Indore Cluster Head Salaries by 5 Employees (Updated 2025)

16 - 18 years exp.

₹16.5 Lakhs - ₹22.5 Lakhs

Salary of majority employees

10% more than the average Cluster Head Salary in Banking Companies for 16 - 18 years of experience

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Salaries in different departments

Sales & Business Development Cluster Head Salary 17 - 18 years exp. (3 salaries)	₹14.2 L/yr - ₹22.5 L/yr
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BFSI, Investments & Trading Cluster Head Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹20.5 L/yr - ₹22.5 L/yr

Last Updated: 21 Jan 2024

Companies similar to ESAF Small Finance Bank for Cluster Head in Indore

ESAF Small Finance Bank Cluster Head Salary

16 - 18 years exp. (5 salaries)

₹16.5 L/yr - ₹22.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Cluster Head Salary 10 - 15 years exp. (11 salaries)	₹4.6 L/yr - ₹13.6 L/yr 45% less
Bandhan Bank Cluster Head Salary 18 - 22 years exp. (4 salaries)	₹30.8 L/yr - ₹39 L/yr 90% more
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Ninjacart Cluster Head Salary 6 - 11 years exp. (9 salaries)	₹7.5 L/yr - ₹15.6 L/yr 47% less
IDFC FIRST Bank Cluster Head Salary 10 - 19 years exp. (9 salaries)	₹9.4 L/yr - ₹20.3 L/yr 1% less	2 job openings
IndusInd Bank Cluster Head Salary 10 - 15 years exp. (8 salaries)	₹5.8 L/yr - ₹19 L/yr 37% less

Cluster Head salary at ESAF Small Finance Bank ranges between ₹16.5 Lakhs to ₹22.5 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of ESAF Small Finance Bank.

Experience wise ESAF Small Finance Bank Cluster Head salaries in Indore

Last Updated: 21 Jan 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹7.3 L/yr - ₹22.5 L/yr
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Similar Designation salaries in ESAF Small Finance Bank

Branch Manager Salary

(6 salaries)

₹4.6 L/yr - ₹12 L/yr

Sales Officer Salary

(4 salaries)

₹2.5 L/yr - ₹4 L/yr

Top skills at ESAF Small Finance Bank for Cluster Head

Heading Operations Profitability Sales Banking Liability Products Integrated Marketing Interpersonal Skills Business Development Team Management Retail Liabilities Branch Banking Branch Management Sales Strategy Branch Sales

Salary related reviews for ESAF Small Finance Bank

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Thrissur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 05 Aug 2024

1.0

for Salary and Benefits

Likes

Work life balance. Approachable team leads and heads. Positive work environment. Decent opportunities.

Dislikes

...licies like this which will hamper your growth, learning and financial planning. Also they will not pay your performance bonus even if it is written on your offer letter, as they think its bank's discretion. Don't join ESAF save your money and career. My only suggestion to ESAF is change full HR and bring people who are experienced in HR.

Branch Manager in Malappuram

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 01 Oct 2023

2.0

for Salary and Benefits

Likes

Employee friendly, good working atmosphere compared with other banks.

Dislikes

Have to improve staff benefits like Home loan rate, personal loans, consumer loan, staff yearly bonus system and outstation allowances also.

Sales Officer in Thiruvalla

BFSI, Investments & Trading Department

3.0

• posted on 29 Oct 2020

2.0

for Salary and Benefits

Likes

Good work environment only coz of the team mates.

Dislikes

Salary is not at all good and it's varies every month. Same grade employees getting different salary. Career growth is very very slow. I am completing two years in the month of February and didn't get salty hick and grade change. Don't know why the HR department giving high salary packages for freshers and giving less salary in experienced persons.

Sales Manager in Thrissur

Other Department

4.0

• posted on 29 Mar 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Sales Officer in Trissur

BFSI, Investments & Trading Department

4.0

• posted on 13 Jul 2021

4.0

for Salary and Benefits

Likes

Good work environment. excellent hr department. Colleagues and team support and decent salary . Yearly exam for promotion.

Dislikes

If you not Fullfill the notice period pay 2 months salary for getting experience certificate....if the reason is helath issues

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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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ESAF Small Finance Bank Cluster Head Salary FAQs

What is the salary of Cluster Head at ESAF Small Finance Bank Indore?

Cluster Head salary at ESAF Small Finance Bank in Indore ranges between ₹16.5 Lakhs to ₹22.5 Lakhs for experience between 16 years to 18 years. According to our estimates it is 10% more than the average Cluster Head Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ESAF Small Finance Bank Indore.

How does the salary of a Cluster Head at ESAF Small Finance Bank Indore compare with the average salary range for this job?

The average salary of a Cluster Head at ESAF Small Finance Bank is 10% more than the average salary of a Cluster Head in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Head at ESAF Small Finance Bank?

Heading, Operations, Profitability, Sales and Banking are some of the popular skills required to work as a Cluster Head at ESAF Small Finance Bank Indore.

Which similar companies are paying more than ESAF Small Finance Bank to a Cluster Head in Indore?

Bandhan Bank Cluster Head Salary - ₹30.8 Lakhs to ₹39.0 Lakhs per year

What is the salary of a Cluster Head in companies similar to ESAF Small Finance Bank in Indore?

IDFC FIRST Bank Cluster Head Salary - ₹9.4 Lakhs to ₹20.3 Lakhs per year
IndusInd Bank Cluster Head Salary - ₹5.8 Lakhs to ₹19.0 Lakhs per year
Jana Small Finance Bank Cluster Head Salary - ₹4.6 Lakhs to ₹13.6 Lakhs per year
Ninjacart Cluster Head Salary - ₹7.5 Lakhs to ₹15.6 Lakhs per year

What is the estimated take home salary of a Cluster Head at ESAF Small Finance Bank in Indore?

The estimated take-home salary of a Cluster Head at ESAF Small Finance Bank ranges between ₹1,20,468 per month to ₹1,23,851 per month in Indore. The take-home salary calculation is based on the average ESAF Small Finance Bank Cluster Head salary in India which ranges between ₹16.5 Lakhs to ₹22.5 Lakhs per year for employees with experience between 16 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at ESAF Small Finance Bank in Indore?

According to AmbitionBox, 100% of the ESAF Small Finance Bank Cluster Heads in Indore reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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ESAF Small Finance Bank Cluster Head Salaries in Indore

ESAF Small Finance Bank Cluster Head salary in Indore ranges between ₹16.5 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ESAF Small Finance Bank latest salaries received from various employees of ESAF Small Finance Bank.