Hero FinCorp Cluster Manager Salaries by 80+ Employees (Updated 2025)

13 - 23 years exp.

₹8.4 Lakhs - ₹27.5 Lakhs

Salary of majority employees

77% 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. (44 salaries)	₹9.5 L/yr - ₹27.5 L/yr
BFSI, Investments & Trading Cluster Manager Salary 13 - 20 years exp. (15 salaries)	₹9.1 L/yr - ₹27 L/yr
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Finance & Accounting Cluster Manager Salary 13 - 23 years exp. (6 salaries)	₹12.2 L/yr - ₹20 L/yr

Last Updated: 15 Mar 2025

Companies similar to Hero FinCorp for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (312 salaries)	₹8.8 L/yr - ₹29.5 L/yr 17% more	108 job openings
HDFC Bank Cluster Manager Salary 4 - 18 years exp. (30 salaries)	₹6.8 L/yr - ₹20 L/yr 28% less
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Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 25% less	1 job opening
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 36% less
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 31% less
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 61% less
ICICI Securities Cluster Manager Salary 3 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹12.6 L/yr 25% less
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 39% less
Bajaj Housing Finance Cluster Manager Salary 5 - 15 years exp. (48 salaries)	₹10 L/yr - ₹23.5 L/yr 7% more
Finova Capital Cluster Manager Salary 5 - 14 years exp. (25 salaries)	₹4 L/yr - ₹10 L/yr 59% less
Home Credit Finance Cluster Manager Salary 6 - 16 years exp. (20 salaries)	₹4.1 L/yr - ₹9 L/yr 63% less	2 job openings
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Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (13 salaries)	₹6.5 L/yr - ₹10.5 L/yr 48% less
Aptus Value Housing Finance India Cluster Manager Salary 8 - 19 years exp. (6 salaries)	₹9.3 L/yr - ₹11 L/yr 41% less	1 job opening
Muthoottu Mini Financiers Cluster Manager Salary 0 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹4.2 L/yr 81% less
Vistaar Finance Cluster Manager Salary 10 - 16 years exp. (5 salaries)	₹7 L/yr - ₹11.8 L/yr 46% less
Ugro Capital Cluster Manager Salary 9 - 15 years exp. (5 salaries)	₹6.7 L/yr - ₹12.8 L/yr 39% less
Shubham Housing Development Finance Cluster Manager Salary 6 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr 73% less
India Shelter Finance Corporation Cluster Manager Salary 7 - 12 years exp. (4 salaries)	₹7 L/yr - ₹12.3 L/yr 37% less
PNB Housing Finance Cluster Manager Salary 8 - 15 years exp. (5 salaries)	₹5 L/yr - ₹17.3 L/yr 27% less
Tata Capital Housing Finance Cluster Manager Salary 10 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹17.7 L/yr 22% less

View all

Cluster Manager salary at Hero FinCorp ranges between ₹8.4 Lakhs to ₹27.5 Lakhs per year for employees with experience between 13 years to 23 years. Salary estimates are based on 80 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Cluster Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
13 years (7 salaries)	₹8.4 L/yr - ₹28.1 L/yr
14 years (6 salaries)	₹11 L/yr - ₹18 L/yr
Login to view exact salary
15+ years (67 salaries)	₹9.1 L/yr - ₹27.5 L/yr

Similar Designation salaries in Hero FinCorp

Cluster Head Salary

(5 salaries)

₹15.5 L/yr - ₹20 L/yr

Area Manager Salary

(8 salaries)

₹10.25 L/yr - ₹14 L/yr

Deputy Manager Salary

(26 salaries)

₹5.5 L/yr - ₹12 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Sales Manager Salary

(155 salaries)

₹3.2 L/yr - ₹11.1 L/yr

Branch Manager Salary

(3 salaries)

₹3.2 L/yr - ₹14 L/yr

Territory Manager Salary

(182 salaries)

₹3.3 L/yr - ₹11.95 L/yr

Area Sales Manager Salary

(37 salaries)

₹8 L/yr - ₹18.5 L/yr

Relationship Manager Salary

(87 salaries)

₹2 L/yr - ₹9.1 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Salary related reviews for Hero FinCorp

4.1

Rated by 19 employees for salary & benefits

Sales Executive in Nashik

Full Time

Sales & Business Development Department

1.0

• posted on 10 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

They give lots of target which is impossible to achieve. They polices is not at all good Salary is very low dont give any increment Very aggressive towards employee..... Give lots of Work and stress

Salary - Bad

+6 more

Sales Manager in Nanded

Full Time

Sales & Business Development Department

3.0

• posted on 20 Oct 2022

4.0

for Salary and Benefits

Likes

I have worked in Hero as Sales manager for 3year. overall work culture is good also good satisfaction and seniors also supporting but lack of knowledge of backhand team likely credit and IT team.It should be improve this because business would be stuck due to those lack of support

Salary - Good

+2 more

Dislikes

Appraisal happening but promotion doesn't happening only happend a designation change letter but salary none of the hike.Poor IT team incentive also poor for onroll employee.

Job security - Poor

+1 more

Sales Executive in Meerut

Full Time

Finance & Accounting Department

5.0

• posted on 04 Nov 2022

5.0

for Salary and Benefits

Likes

I love how the company offered learning opportunities and seemed to care about helping their employees develop and grow professionally. They had weekly lunch meetings where we’d learn a new topic, they offered tuition reimbursement, and all of the senior leadership team was very approachable and supportive.

Salary - Excellent

+5 more

Dislikes

...that I feel like I haven't been rewarded enough for the work I've done for them. Sure, maybe they don't have the budget to pay me more, and that's okay. But I honestly believe that from my experience I should earn more than 50 thousand annually. I have a family, two young kids, and with whatever expenses we have right now, I really need a better salary.

Territory Manager in Agra

BFSI, Investments & Trading Department

1.0

• posted on 19 Apr 2022

2.0

for Salary and Benefits

Likes

Nothing is to be there for like, Yes salary always comes on time and there is no deductions applicable on travel claims or any other reimbursement.

Dislikes

Very Rude people's are there, No work or life balance, work work or Only work, no personal life, A man who has taken relieving from all their responsibility of their families or he is the single man in his family yes definitely who can sustain there otherwise for the people's who Loves their family and personal life they can not be afford there for a month for a day.

Salary - Poor

+5 more

Sales Executive in Ujjain

Sales & Business Development Department

5.0

• posted on 19 Jun 2020

2.0

for Salary and Benefits

Likes

...mates are supportive. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, salary hike and bonus every year.

Skill development - Excellent

+3 more

Dislikes

Company brand and policies good

Salary - Poor

+2 more

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Hero FinCorp Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Hero FinCorp ?

The average salary of a Cluster Manager at Hero FinCorp in India typically ranges from ₹8.4 Lakhs to ₹27.5 Lakhs per year, depending on experience (from 13 years to 23 years).

The top 10% of Cluster Manager at Hero FinCorp earn more than ₹22.5 Lakhs per year, and the top 1% earn over ₹27.4 Lakhs per year. Cluster Manager Salaries at Hero FinCorp 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 80+ Hero FinCorp employees in India.

What is the estimated take home salary of a Cluster Manager at Hero FinCorp in India?

The estimated take-home salary of a Cluster Manager at Hero FinCorp in India typically ranges from ₹1,10,972 to ₹1,14,048 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹27.5 Lakhs per year for employees with experience ranging from 13 years to 23 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 80+ salaries received from various employees of Hero FinCorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero FinCorp for Cluster Manager in India?

Bajaj Finance	₹8.8 Lakhs to ₹29.5 Lakhs per year
Bajaj Housing Finance	₹10.0 Lakhs to ₹23.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hero FinCorp, depending on the role and experience level.

What is the salary of a Cluster Manager in companies similar to Hero FinCorp in India?

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

InCred Finance	₹9.3 Lakhs to ₹16.0 Lakhs per year
Tata Capital Housing Finance	₹7.3 Lakhs to ₹17.7 Lakhs per year
ICICI Securities	₹8.5 Lakhs to ₹12.6 Lakhs per year
Tata Capital	₹6.5 Lakhs to ₹15.5 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹17.3 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 Hero FinCorp in India?

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

Experience	Average Salary Range
13 years	₹8.4 Lakhs to ₹28.1 Lakhs per year
14 years	₹11.0 Lakhs to ₹18.0 Lakhs per year
15 years	₹9.1 Lakhs to ₹27.5 Lakhs per year

and so on.

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Hero FinCorp Cluster Manager Salaries

Hero FinCorp Cluster Manager salary in India ranges between ₹8.4 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 80 Hero FinCorp latest salaries received from various employees of Hero FinCorp.