IDFC FIRST Bank Cluster Manager Salaries by 200+ Employees (Updated 2025)

8 - 16 years exp.

₹5.8 Lakhs - ₹21 Lakhs

Salary of majority employees

49% 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. (98 salaries)	₹5.8 L/yr - ₹19.5 L/yr
BFSI, Investments & Trading Cluster Manager Salary 8 - 16 years exp. (58 salaries)	₹5.8 L/yr - ₹18 L/yr
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Finance & Accounting Cluster Manager Salary 9 - 15 years exp. (11 salaries)	₹9.2 L/yr - ₹19 L/yr
Product Management Cluster Manager Salary 9 - 12 years exp. (8 salaries)	₹6.9 L/yr - ₹17.5 L/yr
Marketing & Communication Cluster Manager Salary 10 - 14 years exp. (6 salaries)	₹8 L/yr - ₹19.5 L/yr

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Last Updated: 17 Feb 2025

Companies similar to IDFC FIRST Bank for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹5 L/yr - ₹20 L/yr 18% less
ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	₹6 L/yr - ₹25 L/yr 6% more
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Axis Bank Cluster Manager Salary 5 - 17 years exp. (78 salaries)	₹4.7 L/yr - ₹15.5 L/yr 23% less
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 29% less
Yes Bank Cluster Manager Salary 3 - 18 years exp. (23 salaries)	₹4.8 L/yr - ₹16 L/yr 22% less
IndusInd Bank Cluster Manager Salary 6 - 15 years exp. (24 salaries)	₹5 L/yr - ₹12.7 L/yr 41% less
RBL Bank Cluster Manager Salary 10 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 47% less
Federal Bank Cluster Manager Salary 6 - 10 years exp. (3 salaries)	₹0.8 L/yr - ₹6 L/yr 82% less
Bandhan Bank Cluster Manager Salary 5 - 11 years exp. (11 salaries)	₹2.8 L/yr - ₹10 L/yr 62% less
Ujjivan Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (361 salaries)	₹4.1 L/yr - ₹11.5 L/yr 43% less
Jana Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (16 salaries)	₹5.9 L/yr - ₹14 L/yr 30% less
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Standard Chartered Cluster Manager Salary 2 - 10 years exp. (7 salaries)	₹9 L/yr - ₹15.7 L/yr 14% more
Utkarsh Small Finance Bank Cluster Manager Salary 9 - 13 years exp. (4 salaries)	₹8.1 L/yr - ₹35 L/yr 22% more
Karur Vysya Bank Cluster Manager Salary 8 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹12 L/yr 32% 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 211 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Cluster Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
8 years (14 salaries)	₹5.8 L/yr - ₹13 L/yr
9 years (23 salaries)	₹5.8 L/yr - ₹17.6 L/yr
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10 years (31 salaries)	₹6.6 L/yr - ₹16.5 L/yr
11 years (30 salaries)	₹5.8 L/yr - ₹19.2 L/yr
12 years (35 salaries)	₹6.9 L/yr - ₹19 L/yr
13 years (25 salaries)	₹7.5 L/yr - ₹19.5 L/yr
14 years (20 salaries)	₹9.1 L/yr - ₹19.5 L/yr
15+ years (33 salaries)	₹9.5 L/yr - ₹21 L/yr

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From

Cluster Manager

8 - 16 years exp.

Regional Head

₹

Lakhs/yr

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.

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Territory Manager Salary

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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

4.4

Rated by 30 employees for salary & benefits

Territory Sales Manager in New Delhi

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.

Work satisfaction - Poor

+2 more

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Salary - Excellent

+6 more

Dislikes

No dislikes as such

Territory Manager in Kolkata

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

Job security - Poor

+2 more

Branch Manager in Surat

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

Skill development - Bad

+4 more

Sales Executive in New Delhi

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

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.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC FIRST Bank Cluster Manager Salary FAQs

What is the salary of Cluster Manager at IDFC FIRST Bank?

Cluster Manager salary at IDFC FIRST Bank in India ranges between ₹5.8 Lakhs to ₹21.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 49% more than the average Cluster Manager Salary in India. Salary estimates are based on 211 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Cluster Manager at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Cluster Manager at IDFC FIRST Bank is 49% more than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at IDFC FIRST Bank?

Compliance, Banking, Recruitment, Penetration and Loans are some of the popular skills required to work as a Cluster Manager at IDFC FIRST Bank India.

Which similar companies are paying more than IDFC FIRST Bank to a Cluster Manager in India?

Utkarsh Small Finance Bank Cluster Manager Salary - ₹8.1 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Cluster Manager Salary - ₹9.0 Lakhs to ₹15.7 Lakhs per year
ICICI Bank Cluster Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Cluster Manager in companies similar to IDFC FIRST Bank in India?

HDFC Bank Cluster Manager Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
Yes Bank Cluster Manager Salary - ₹4.8 Lakhs to ₹16.0 Lakhs per year
Axis Bank Cluster Manager Salary - ₹4.7 Lakhs to ₹15.5 Lakhs per year
Kotak Mahindra Bank Cluster Manager Salary - ₹3.9 Lakhs to ₹16.2 Lakhs per year
Jana Small Finance Bank Cluster Manager Salary - ₹5.9 Lakhs to ₹14.0 Lakhs per year

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 ranges between ₹95,896 per month to ₹98,486 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Cluster Manager salary in India which ranges between ₹5.8 Lakhs to ₹21.0 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at IDFC FIRST Bank?

According to AmbitionBox, 90% of the IDFC FIRST Bank Cluster Managers reported a notice period of 3 Months, 5% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 200 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Cluster Manager Salaries by Location

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IDFC FIRST Bank Cluster Manager Salaries

IDFC FIRST Bank Cluster Manager salary in India ranges between ₹5.8 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 211 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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

Companies similar to IDFC FIRST Bank for Cluster Manager

Latest annual salaries shared by IDFC FIRST Bank Cluster Manager

Experience wise IDFC FIRST Bank Cluster Manager salaries

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Cluster Manager

Salary related reviews for IDFC FIRST Bank

Territory Sales Manager in New Delhi

Sales Executive in New Delhi

Territory Manager in Kolkata

Branch Manager in Surat

Sales Executive in New Delhi

IDFC FIRST Bank Cluster Manager Salary FAQs

Tell us how to improve this page.

IDFC FIRST Bank Cluster Manager Salaries by Location