ESAF Small Finance Bank Cluster Manager Salaries by 6 Employees (Updated 2025)

18 - 21 years exp.

₹18 Lakhs - ₹24 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

120% more than the average Cluster Manager Salary in Banking Companies for 18 - 21 years of experience

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Last Updated: 17 Jan 2025

Companies similar to ESAF Small Finance Bank for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Cluster Manager Salary 10 - 20 years exp. (111 salaries)	₹7.9 L/yr - ₹32.8 L/yr 10% less
Equitas Small Finance Bank Cluster Manager Salary 7 - 14 years exp. (60 salaries)	₹5 L/yr - ₹10.5 L/yr 63% less	1 job opening
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DCB Bank Cluster Manager Salary 8 - 15 years exp. (22 salaries)	₹5 L/yr - ₹18.4 L/yr 41% less
Fino Payments Bank Cluster Manager Salary 5 - 19 years exp. (14 salaries)	₹3.5 L/yr - ₹9 L/yr 72% less
Standard Chartered Cluster Manager Salary 2 - 10 years exp. (7 salaries)	₹9 L/yr - ₹13.5 L/yr 35% less
CSB Bank Cluster Manager Salary 12 - 15 years exp. (6 salaries)	₹4.6 L/yr - ₹12.3 L/yr 59% less
Karur Vysya Bank Cluster Manager Salary 8 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹12 L/yr 54% less
DBS Bank Cluster Manager Salary 11 - 20 years exp. (3 salaries)	₹10 L/yr - ₹29 L/yr 10% less

Cluster Manager salary at ESAF Small Finance Bank ranges between ₹18 Lakhs to ₹24 Lakhs per year for employees with experience between 18 years to 21 years. Salary estimates are based on 6 latest salaries received from various employees of ESAF Small Finance Bank.

Experience wise ESAF Small Finance Bank Cluster Manager salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
15+ years (6 salaries)	₹18 L/yr - ₹24 L/yr
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Salary related reviews for ESAF Small Finance Bank

1.1

Rated by 2 employees for salary & benefits

Relationship Manager in Idukki

Full Time

Finance & Accounting Department

4.0

• posted on 31 Jan 2025

3.0

for Salary and Benefits

Likes

In our branch is like family,that is major likely factor to me

Skill development - Excellent

+2 more

Dislikes

Salary,Promotion and transfer My home is 50km far from my branch and I am Daily travelling here to my home and also some days branch close after 7.30pm, also I am not comfortable to this situation Employee satisfaction is a major factor

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.

Job security - Excellent

+2 more

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.

Salary - Bad

+3 more

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.

Skill development - Good

+5 more

Dislikes

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

Salary - Poor

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.

Salary - Poor

+4 more

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.

Salary - Good

+6 more

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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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ESAF Small Finance Bank Cluster Manager Salary FAQs

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

The average salary of a Cluster Manager at ESAF Small Finance Bank in India typically ranges from ₹18.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 18 years to 21 years).

The top 10% of Cluster Manager at ESAF Small Finance Bank earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Cluster Manager Salaries at ESAF Small Finance Bank 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 6 ESAF Small Finance Bank employees in India.

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

The estimated take-home salary of a Cluster Manager at ESAF Small Finance Bank in India typically ranges from ₹1,33,638 to ₹1,38,544 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 18 years to 21 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 6 salaries received from various employees of ESAF Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

DBS Bank	₹10.0 Lakhs to ₹29.0 Lakhs per year
AU Small Finance Bank	₹7.9 Lakhs to ₹32.8 Lakhs per year
Standard Chartered	₹9.0 Lakhs to ₹13.5 Lakhs per year
DCB Bank	₹5.0 Lakhs to ₹18.4 Lakhs per year
Karur Vysya Bank	₹7.5 Lakhs to ₹12.0 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 ESAF Small Finance Bank in India?

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

Experience	Average Salary Range
15 years	₹18.0 Lakhs to ₹24.0 Lakhs per year

and so on.

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ESAF Small Finance Bank Cluster Manager Salaries

ESAF Small Finance Bank Cluster Manager salary in India ranges between ₹18 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ESAF Small Finance Bank latest salaries received from various employees of ESAF Small Finance Bank.