SMFG India Credit Indore Cluster Manager Salaries by 6 Employees (Updated 2025)

10 - 17 years exp.

₹9 Lakhs - ₹22.1 Lakhs

Salary of majority employees

32% more than the average Cluster Manager Salary in NBFC Companies for 10 - 17 years of experience

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Salaries in different departments

Finance & Accounting Cluster Manager Salary 10 - 17 years exp. (4 salaries)	₹9 L/yr - ₹14.3 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹12.7 L/yr

Last Updated: 5 Aug 2024

Companies similar to SMFG India Credit for Cluster Manager in Indore

SMFG India Credit Cluster Manager Salary

10 - 17 years exp. (6 salaries)

₹9 L/yr - ₹22.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 11 - 16 years exp. (3 salaries)	₹9 L/yr - ₹13.9 L/yr 6% less
Kotak Mahindra Bank Cluster Manager Salary 9 - 11 years exp. (3 salaries)	₹8 L/yr - ₹12.4 L/yr 16% less
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IDFC FIRST Bank Cluster Manager Salary 8 - 16 years exp. (12 salaries)	₹9.5 L/yr - ₹22.4 L/yr 21% more	1 job opening
IndusInd Bank Cluster Manager Salary 12 - 14 years exp. (4 salaries)	₹6.4 L/yr - ₹8.5 L/yr 36% less
HDB Financial Services Cluster Manager Salary 14 - 20 years exp. (6 salaries)	₹9.5 L/yr - ₹25 L/yr 40% more	2 job openings
Home Credit Finance Cluster Manager Salary 10 - 11 years exp. (3 salaries)	₹4.2 L/yr - ₹9 L/yr 39% less	1 job opening
SK Finance Limited Cluster Manager Salary 9 - 10 years exp. (3 salaries)	₹10 L/yr - ₹15 L/yr 7% less
Annapurna Finance Cluster Manager Salary 7 - 9 years exp. (3 salaries)	₹6.6 L/yr - ₹10 L/yr 39% less

Cluster Manager salary at SMFG India Credit ranges between ₹9 Lakhs to ₹22.1 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Cluster Manager salaries in Indore

Last Updated: 5 Aug 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.2 L/yr
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.8 L/yr
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12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹19.3 L/yr
13 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
15+ years (3 salaries)	₹11.5 L/yr - ₹22.9 L/yr

View all

Similar Designation salaries in SMFG India Credit

Relationship Manager Salary

(11 salaries)

₹3 L/yr - ₹6.54 L/yr

Area Sales Manager Salary

(3 salaries)

₹9.1 L/yr - ₹16.44 L/yr

Top skills at SMFG India Credit for Cluster Manager

Rural Marketing Rural Finance Collections Sales Personal Loans Microfinance Collection Management Recovery Delinquency Management

Salary related reviews for SMFG India Credit

Cluster Manager in Jaipur

BFSI, Investments & Trading Department

4.0

• posted on 03 Apr 2021

4.0

for Salary and Benefits

Likes

Good work environment. Seniors are supportive. HR policies also good. Salaries and bonus are good compare to other NBFC.

Salary - Good

+3 more

Dislikes

Work life balance is not applicable here. 30 days are working and a lot off target pressure. Dont have any training and help how to achieve assigned targets.

Skill development - Poor

+1 more

Sales Manager in Kadapa

Full Time

Sales & Business Development Department

5.0

• posted on 22 Mar 2024

5.0

for Salary and Benefits

Likes

I'm happy to work with SMFG company this company is excellent for every employee good salary very good incentives and also good growth 📈 working here thanks to big opportunity for me SMFG india credit

Salary - Excellent

+6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

Sales Manager in Chhindwara

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2023

3.0

for Salary and Benefits

Likes

There are many products here from which we get a lot of knowledge

Skill development - Excellent

+5 more

Dislikes

The salary that should have been received according to the work was not known! When the full salary was not received even after completing the achievement goal.

Sales Manager in Jorhat

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 May 2022

5.0

for Salary and Benefits

Likes

...'s worst to selling product due to high interest rate and poor customer service. Other hand, Employees are getting good salary and other benefits.

Salary - Excellent

+4 more

Dislikes

Poor customer service &high interest rate

Area Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

..., Learning Various Products and Policy. Good Friendly Natural of Company Senior. Best Pay Scale in industry.

Salary - Excellent

+6 more

Dislikes

Only system issues and software not working properly. IT issue.

see more salary related reviews

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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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SMFG India Credit Cluster Manager Salary FAQs

What is the salary of Cluster Manager at SMFG India Credit Indore?

Cluster Manager salary at SMFG India Credit in Indore ranges between ₹9.0 Lakhs to ₹22.1 Lakhs for experience between 10 years to 17 years. According to our estimates it is 32% more than the average Cluster Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SMFG India Credit Indore.

How does the salary of a Cluster Manager at SMFG India Credit Indore compare with the average salary range for this job?

The average salary of a Cluster Manager at SMFG India Credit is 32% more than the average salary of a Cluster Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at SMFG India Credit?

Rural Marketing, Rural Finance, Collections, Sales and Personal Loans are some of the popular skills required to work as a Cluster Manager at SMFG India Credit Indore.

Which similar companies are paying more than SMFG India Credit to a Cluster Manager in Indore?

HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank Cluster Manager Salary - ₹9.5 Lakhs to ₹22.4 Lakhs per year

What is the salary of a Cluster Manager in companies similar to SMFG India Credit in Indore?

HDFC Bank Cluster Manager Salary - ₹9.0 Lakhs to ₹13.9 Lakhs per year
SK Finance Limited Cluster Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Cluster Manager Salary - ₹8.0 Lakhs to ₹12.4 Lakhs per year
IndusInd Bank Cluster Manager Salary - ₹6.4 Lakhs to ₹8.5 Lakhs per year
Annapurna Finance Cluster Manager Salary - ₹6.6 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager at SMFG India Credit in Indore?

The estimated take-home salary of a Cluster Manager at SMFG India Credit ranges between ₹88,051 per month to ₹90,361 per month in Indore. The take-home salary calculation is based on the average SMFG India Credit Cluster Manager salary in India which ranges between ₹9.0 Lakhs to ₹22.1 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at SMFG India Credit in Indore?

According to AmbitionBox, 100% of the SMFG India Credit Cluster Managers 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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SMFG India Credit Cluster Manager Salaries in Indore

SMFG India Credit Cluster Manager salary in Indore ranges between ₹9 Lakhs to ₹22.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SMFG India Credit latest salaries received from various employees of SMFG India Credit.