HDB Financial Services Mumbai Cluster Manager Salaries by 10+ Employees (Updated 2025)

13 - 23 years exp.

₹16 Lakhs - ₹21 Lakhs

Salary of majority employees

80% more than the average Cluster Manager Salary in NBFC Companies for 13 - 23 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 13 - 23 years exp. (12 salaries)	₹16 L/yr - ₹20.2 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹22.5 L/yr

Last Updated: 2 Jan 2025

Companies similar to HDB Financial Services for Cluster Manager in Mumbai

HDB Financial Services Cluster Manager Salary

13 - 23 years exp. (15 salaries)

₹16 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Manager Salary 6 - 13 years exp. (16 salaries)	₹13 L/yr - ₹22.4 L/yr 5% more
Tata Capital Cluster Manager Salary 10 - 16 years exp. (6 salaries)	₹8.5 L/yr - ₹14 L/yr 28% less	3 job openings
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Axis Bank Cluster Manager Salary 8 - 13 years exp. (5 salaries)	₹6.5 L/yr - ₹12 L/yr 46% less
Aditya Birla Capital Cluster Manager Salary 3 - 10 years exp. (6 salaries)	₹7.8 L/yr - ₹13 L/yr 52% less
Bajaj Housing Finance Cluster Manager Salary 7 - 14 years exp. (6 salaries)	₹15 L/yr - ₹21 L/yr 3% less
ICICI Securities Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹12 L/yr - ₹12.1 L/yr 34% less

Cluster Manager salary at HDB Financial Services ranges between ₹16 Lakhs to ₹21 Lakhs per year for employees with experience between 13 years to 23 years. Salary estimates are based on 15 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Cluster Manager salaries in Mumbai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹19 L/yr
14 years (3 salaries)	₹16 L/yr - ₹21 L/yr
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15+ years (11 salaries)	₹17 L/yr - ₹20.2 L/yr

From

Cluster Manager

10 - 23 years exp.

Zonal Business Manager

18 - 19 years exp.

From

Cluster Manager

10 - 23 years exp.

Zonal Manager

14 - 23 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDB Financial Services

Relationship Manager Salary

(175 salaries)

₹1.65 L/yr - ₹4.5 L/yr

Sales Manager Salary

(86 salaries)

₹1.85 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(53 salaries)

₹4 L/yr - ₹12 L/yr

Area Sales Manager Salary

(17 salaries)

₹7.3 L/yr - ₹15.72 L/yr

Territory Manager Salary

(14 salaries)

₹4 L/yr - ₹9.61 L/yr

Area Manager Salary

(9 salaries)

₹7.2 L/yr - ₹13.5 L/yr

Cluster Head Salary

(4 salaries)

₹18 L/yr - ₹23 L/yr

Top skills at HDB Financial Services for Cluster Manager

Sales Personal Loans Lap Team Handling Home Loans Team Management Auto Loans Marketing Support Commercial Vehicle Loans Operations Management Market Intelligence Sales Forecasting DSA Employee Retention Recruitment

Salary related reviews for HDB Financial Services

5.0

Rated by 1 employees for salary & benefits

Cluster Manager in Agra

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

Very bad culture full of scolding

Dislikes

Very bad place to work full of exploitation, they pay low salary and get work on Sunday, holiday, every Saturday while 1st and 2nd Saturday are off every by company norms

Cluster Manager in Hisar

Sales & Business Development Department

4.0

• posted on 23 Apr 2018

3.0

for Salary and Benefits

Likes

...test technology of all aspects which will increase productivity and reduce TAT. Work environment is good with good compensation and perks, flexible working hours for work-life balance.

Dislikes

There is not much for anything to dislike. There is only one point that required attraction, that is training. Training is required for middle and junior management to improve their work. Overall it is a good company to work

Senior Sales Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2024

2.0

for Salary and Benefits

Likes

Job secured for a standard term with lesser business. Overall maximum loans disbursement after login with minimum documentation and -cibil also.

Dislikes

No Work life balance, poor salary, bad behaviors from managers each and every time,groupism.No thankful behavior for hardwork.

Senior Sales Officer in Palakkad

Full Time

Sales & Business Development Department

4.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Salary and incentive plans

Dislikes

NEED A PROPER TEAM FOR COLLECTION AND RELPL TELE-CALLING CAN BE SPARED FROM CD DPL OFFICERS. Incentive cuting,i did’t received my onam period incentive even after one month.this is a quite bad thing i felt in the company .i am totally disappointed.i worked so hard in those days for the company.it really sad.

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

see more salary related reviews

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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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HDB Financial Services Cluster Manager Salary FAQs

What is the salary of Cluster Manager at HDB Financial Services Mumbai?

Cluster Manager salary at HDB Financial Services in Mumbai ranges between ₹16.0 Lakhs to ₹21.0 Lakhs for experience between 13 years to 23 years. According to our estimates it is 80% more than the average Cluster Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of HDB Financial Services Mumbai.

How does the salary of a Cluster Manager at HDB Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Cluster Manager at HDB Financial Services is 80% more than the average salary of a Cluster Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at HDB Financial Services?

Sales, Personal Loans, Lap, Team Handling and Home Loans are some of the popular skills required to work as a Cluster Manager at HDB Financial Services Mumbai.

Which similar companies are paying more than HDB Financial Services to a Cluster Manager in Mumbai?

Bajaj Finance Cluster Manager Salary - ₹13.0 Lakhs to ₹22.4 Lakhs per year

What is the salary of a Cluster Manager in companies similar to HDB Financial Services in Mumbai?

Bajaj Housing Finance Cluster Manager Salary - ₹15.0 Lakhs to ₹21.0 Lakhs per year
Tata Capital Cluster Manager Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year
ICICI Securities Cluster Manager Salary - ₹12.0 Lakhs to ₹12.1 Lakhs per year
Axis Bank Cluster Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Capital Cluster Manager Salary - ₹7.8 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager at HDB Financial Services in Mumbai?

The estimated take-home salary of a Cluster Manager at HDB Financial Services ranges between ₹1,21,784 per month to ₹1,25,279 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Cluster Manager salary in India which ranges between ₹16.0 Lakhs to ₹21.0 Lakhs per year for employees with experience between 13 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at HDB Financial Services in Mumbai?

According to AmbitionBox, 86% of the HDB Financial Services Cluster Managers in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

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HDB Financial Services Cluster Manager Salaries in Mumbai

HDB Financial Services Cluster Manager salary in Mumbai ranges between ₹16 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDB Financial Services latest salaries received from various employees of HDB Financial Services.