IDFC FIRST Bank Pune Cluster Manager Salaries by 7 Employees (Updated 2025)

10 - 14 years exp.

₹12 Lakhs - ₹15 Lakhs

Salary of majority employees

32% more than the average Cluster Manager Salary in Banking Companies for 10 - 14 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 10 - 13 years exp. (4 salaries)	₹12 L/yr - ₹15 L/yr
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Finance & Accounting Cluster Manager Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.7 L/yr

Last Updated: 14 Feb 2025

Companies similar to IDFC FIRST Bank for Cluster Manager in Pune

IDFC FIRST Bank Cluster Manager Salary

10 - 14 years exp. (7 salaries)

₹12 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Cluster Manager Salary 10 - 16 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr 24% less
Ujjivan Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (8 salaries)	₹5.5 L/yr - ₹10 L/yr 43% less	1 job opening
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Bajaj Finance Cluster Manager Salary 5 - 14 years exp. (162 salaries)	₹9.1 L/yr - ₹29.5 L/yr 47% more
Bajaj Finserv Cluster Manager Salary 5 - 13 years exp. (111 salaries)	₹10 L/yr - ₹27.8 L/yr 46% more
Stanza Living Cluster Manager Salary 6 - 14 years exp. (32 salaries)	₹5.5 L/yr - ₹18 L/yr 20% less	1 job opening

Cluster Manager salary at IDFC FIRST Bank ranges between ₹12 Lakhs to ₹15 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Cluster Manager salaries in Pune

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹13.5 L/yr
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12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹25.8 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹26.8 L/yr

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.

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(176 salaries)

₹3 L/yr - ₹8.84 L/yr

Territory Manager Salary

(69 salaries)

₹5 L/yr - ₹13 L/yr

Sales Manager Salary

(68 salaries)

₹2.95 L/yr - ₹9.75 L/yr

Relationship Manager Salary

(53 salaries)

₹2.5 L/yr - ₹10.2 L/yr

Branch Manager Salary

(35 salaries)

₹6.75 L/yr - ₹25 L/yr

Area Sales Manager Salary

(16 salaries)

₹8.4 L/yr - ₹20.4 L/yr

Cluster Head Salary

(6 salaries)

₹15 L/yr - ₹34.49 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

5.0

Rated by 1 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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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 Pune?

Cluster Manager salary at IDFC FIRST Bank in Pune ranges between ₹12.0 Lakhs to ₹15.0 Lakhs for experience between 10 years to 14 years. According to our estimates it is 32% more than the average Cluster Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of IDFC FIRST Bank Pune.

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

The average salary of a Cluster Manager at IDFC FIRST Bank is 32% more than the average salary of a Cluster Manager in Pune. 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 Pune.

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

Bajaj Finance Cluster Manager Salary - ₹9.1 Lakhs to ₹29.5 Lakhs per year
Bajaj Finserv Cluster Manager Salary - ₹10.0 Lakhs to ₹27.8 Lakhs per year

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

Stanza Living Cluster Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
Axis Bank Cluster Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Ujjivan Small Finance Bank Cluster Manager Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager at IDFC FIRST Bank in Pune?

The estimated take-home salary of a Cluster Manager at IDFC FIRST Bank ranges between ₹96,446 per month to ₹99,052 per month in Pune. The take-home salary calculation is based on the average IDFC FIRST Bank Cluster Manager salary in India which ranges between ₹12.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 10 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the IDFC FIRST Bank Cluster Managers in Pune reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Cluster Manager Salaries in Pune

IDFC FIRST Bank Cluster Manager salary in Pune ranges between ₹12 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.