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IDFC FIRST Bank Cluster Manager salaries in India (Updated 2025)

Annual salary range
8 - 16 years exp.
₹5.8 Lakhs - ₹21 Lakhs
Salary of majority employees
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44% more than the average Cluster Manager Salary in Banking Companies for 8 - 16 years of experience

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Salaries in different departments

Sales & Business Development
Cluster Manager Salary
8 - 16 years exp. (101 salaries)
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₹5.8 L/yr - ₹19.5 L/yr

BFSI, Investments & Trading
Cluster Manager Salary
8 - 16 years exp. (56 salaries)
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₹5.8 L/yr - ₹18 L/yr

Finance & Accounting
Cluster Manager Salary
9 - 15 years exp. (11 salaries)
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₹9.2 L/yr - ₹19 L/yr

Product Management
Cluster Manager Salary
9 - 12 years exp. (8 salaries)
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₹6.9 L/yr - ₹17.5 L/yr

Marketing & Communication
Cluster Manager Salary
10 - 14 years exp. (6 salaries)
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₹8 L/yr - ₹19.5 L/yr

View all

Last Updated: 19 Mar 2025

Companies similar to IDFC FIRST Bank for Cluster Manager

Company name Avg Annual Salary Open Jobs
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₹4.5 L/yr - ₹11.5 L/yr

arrow icon 41% less
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Axis Bank Cluster Manager Salary

5 - 17 years exp. (76 salaries)

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₹4.7 L/yr - ₹15.5 L/yr

arrow icon 21% less
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Kotak Mahindra Bank Cluster Manager Salary

4 - 16 years exp. (63 salaries)

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₹3.9 L/yr - ₹16.2 L/yr

arrow icon 28% less
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ICICI Bank Cluster Manager Salary

8 - 15 years exp. (41 salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 9% more
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HDFC Bank Cluster Manager Salary

4 - 18 years exp. (30 salaries)

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₹6.8 L/yr - ₹20 L/yr

arrow icon 11% less
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IndusInd Bank Cluster Manager Salary

2 - 15 years exp. (35 salaries)

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₹3.9 L/yr - ₹12.7 L/yr

arrow icon 42% less
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Yes Bank Cluster Manager Salary

3 - 18 years exp. (23 salaries)

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₹4.8 L/yr - ₹16 L/yr

arrow icon 19% less
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Jana Small Finance Bank Cluster Manager Salary

5 - 15 years exp. (16 salaries)

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₹5.9 L/yr - ₹14 L/yr

arrow icon 28% less
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Bandhan Bank Cluster Manager Salary

5 - 11 years exp. (13 salaries)

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₹2.8 L/yr - ₹7.7 L/yr

arrow icon 61% less
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Standard Chartered Cluster Manager Salary

2 - 10 years exp. (7 salaries)

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₹9 L/yr - ₹13.5 L/yr

At par
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RBL Bank Cluster Manager Salary

10 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 45% less
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Federal Bank Cluster Manager Salary

6 - 11 years exp. (4 salaries)

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₹0.8 L/yr - ₹6 L/yr

arrow icon 74% less
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₹8.1 L/yr - ₹14 L/yr

arrow icon 22% less
1 job opening
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Karur Vysya Bank Cluster Manager Salary

8 - 10 years exp. (4 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 29% less
Cluster Manager salary at IDFC FIRST Bank ranges between ₹5.8 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 213 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Cluster Manager

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8 years exp.
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11 years exp.
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14 years exp.
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12 years exp.
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16 years exp.
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12 years exp.

Experience wise IDFC FIRST Bank Cluster Manager salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
8 years  (14 salaries)

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₹5.8 L/yr - ₹13 L/yr
9 years  (22 salaries)

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₹5.8 L/yr - ₹17.6 L/yr
10 years  (33 salaries)

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₹6.6 L/yr - ₹16.5 L/yr
11 years  (31 salaries)

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₹5.8 L/yr - ₹19.2 L/yr
12 years  (36 salaries)

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₹6.9 L/yr - ₹19 L/yr
View all
IDFC FIRST Bank Cluster Manager Salary and Career Growth

From

To

Cluster Manager

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8 - 16 years exp.

Regional Head

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11 - 22 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 IDFC FIRST Bank

Store Manager Salary
(4 salaries)
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₹6.2 L/yr - ₹10.93 L/yr
Cluster Head Salary
(215 salaries)
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₹9.38 L/yr - ₹38.15 L/yr
Area Manager Salary
(28 salaries)
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₹5 L/yr - ₹21.76 L/yr
Deputy Manager Salary
(2.7k salaries)
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₹2.15 L/yr - ₹9.5 L/yr
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₹4.95 L/yr - ₹14.65 L/yr
Sales Manager Salary
(991 salaries)
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₹2.15 L/yr - ₹10 L/yr
Branch Manager Salary
(633 salaries)
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₹6.25 L/yr - ₹26.34 L/yr
Territory Manager Salary
(762 salaries)
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₹3.85 L/yr - ₹14 L/yr
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₹7.01 L/yr - ₹25 L/yr
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₹2 L/yr - ₹11 L/yr

Top skills at IDFC FIRST Bank for Cluster Manager

Compliance Banking Recruitment Penetration Loans Monitoring Audit Compliance Portfolio Management External Audit Microfinance Customer Service Management rural banking Branch Banking Retail Banking

Salary related reviews for IDFC FIRST Bank

4.3

Rated by 32 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 30 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary and incentives are higher than what other banks offer.

  • Salary - Good

Dislikes

Work culture needs improvement, you are expected to work even during holidays or when you've taken an off, unchecked power is there, State heads can relentlessly target their TSMs and public humiliation is considered normal.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Jan 2025

5.0
 for  Salary and Benefits

Likes

Salary they provide is As per standards and even better in some cases.

  • Salary - Excellent
  • +1 more

Dislikes

In you are working in sales domain then it's almost impossible to meet target if you are in certain departments , so do your research before joining

read more
  • Job security - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Nov 2023

5.0
 for  Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

  • Salary - Excellent
  • +1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 13 Sep 2023

1.0
 for  Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

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Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Aug 2023

4.0
 for  Salary and Benefits

Likes

Salary and perks

  • Salary - Good
  • +1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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IDFC FIRST Bank Cluster Manager Salary FAQs

What is the salary of Cluster Manager at IDFC FIRST Bank ?
The average salary of a Cluster Manager at IDFC FIRST Bank in India typically ranges from ₹5.8 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 8 years to 16 years).

The top 10% of Cluster Manager at IDFC FIRST Bank earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹20.4 Lakhs per year. Cluster Manager Salaries at IDFC FIRST 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 200+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Cluster Manager at IDFC FIRST Bank in India?
The estimated take-home salary of a Cluster Manager at IDFC FIRST Bank in India typically ranges from ₹93,313 to ₹95,818 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 8 years to 16 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 200+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Cluster Manager at IDFC FIRST Bank ?
To be a Cluster Manager at IDFC FIRST Bank in india, the key skills required include:

  • - Compliance
  • - Banking
  • - Recruitment
  • - Penetration
  • - Loans

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IDFC FIRST Bank for Cluster Manager in India?
ICICI Bank ₹6.0 Lakhs to ₹25.0 Lakhs per year
Standard Chartered ₹9.0 Lakhs to ₹13.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC FIRST Bank, depending on the role and experience level.
What is the salary of a Cluster Manager in companies similar to IDFC FIRST Bank in India?
The salary of a Cluster Manager at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹6.8 Lakhs to ₹20.0 Lakhs per year
Yes Bank ₹4.8 Lakhs to ₹16.0 Lakhs per year
Axis Bank ₹4.7 Lakhs to ₹15.5 Lakhs per year
Utkarsh Small Finance Bank ₹8.1 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank ₹3.9 Lakhs to ₹16.2 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 IDFC FIRST Bank in India?
The salary growth for a Cluster Manager at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
8 years ₹5.8 Lakhs to ₹13.0 Lakhs per year
9 years ₹5.8 Lakhs to ₹17.6 Lakhs per year
10 years ₹6.6 Lakhs to ₹16.5 Lakhs per year
11 years ₹5.8 Lakhs to ₹19.2 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Cluster Manager salary in India ranges between ₹5.8 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 213 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.