IFB Cluster Head Salaries by 4 Employees (Updated 2025)

6 - 13 years exp.

₹8.5 Lakhs - ₹19.5 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Cluster Head Salary in Consumer Electronics & Appliances Companies for 6 - 13 years of experience

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Last Updated: 7 Jan 2025

Companies similar to IFB for Cluster Head

Company name	Avg Annual Salary	Open Jobs
Bajaj Electricals Cluster Head Salary 10 - 17 years exp. (6 salaries)	₹15.5 L/yr - ₹21 L/yr 72% more
HDFC Bank Cluster Head Salary 9 - 21 years exp. (381 salaries)	₹8.5 L/yr - ₹32 L/yr 84% more
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Jana Small Finance Bank Cluster Head Salary 5 - 15 years exp. (246 salaries)	₹3.8 L/yr - ₹15.7 L/yr 17% less	1 job opening
IDFC FIRST Bank Cluster Head Salary 10 - 20 years exp. (214 salaries)	₹9.5 L/yr - ₹38.2 L/yr 104% more
Yes Bank Cluster Head Salary 13 - 24 years exp. (211 salaries)	₹10 L/yr - ₹38.9 L/yr 120% more	1 job opening

Cluster Head salary at IFB ranges between ₹8.5 Lakhs to ₹19.5 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of IFB.

Experience wise IFB Cluster Head salaries

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹18.3 L/yr
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8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
9 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
12 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹19.5 L/yr
13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹19.5 L/yr

View all

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₹3.2 L/yr - ₹4 L/yr

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Business Manager Salary

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₹7 L/yr - ₹24 L/yr

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Territory Manager Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Salary related reviews for IFB

Area Sales Manager in Kolkata

Full Time

Marketing & Communication Department

2.0

• posted on 12 Jan 2025

1.0

for Salary and Benefits

Likes

Products are good. Salary on time

Dislikes

Forget about incentive structure Biased promotion Super Toxic Environment Most National level people left HR dept is a mess Only buttering is the option No place for perfomer You may have to go to court for releasing letter if you don't serve full 90 days notice period Don't spoil your Future here

Salary - Bad

+3 more

Area Sales Manager in Kolhapur

Full Time

Sales & Business Development Department

3.0

• posted on 29 Feb 2024

4.0

for Salary and Benefits

Likes

Brand is good wasing machine No 1. Salary on time. Cleim on time.

Salary - Good

+3 more

Dislikes

Three months' notice period with no logic for targeting. Focus solely on primary work, not secondary. No marketing support, no POP boy. You have to leave this company after five years, but your gratuity has not been paid to you. This is solely because you did not serve the full three months' notice period. Additionally, the refrigerator started at full pressure without any logical reason.

Sales Executive in Agra

Full Time

Sales & Business Development Department

5.0

• posted on 12 Mar 2023

3.0

for Salary and Benefits

Likes

Sab kuch theek hai but salary jayada nahi hai kitna bhi achha kaam karlo koi promotion ya salary increment ka koi chance nahi hai

Skill development - Excellent

+3 more

Dislikes

I like this organisation but salary package not good and not promoted chance

Promotions - Poor

Sales Executive in Rajahmundry

Human Resources Department

4.0

• posted on 15 Mar 2022

3.0

for Salary and Benefits

Likes

Working at IFB is a great experience The company policies are also good compare to other brands ifb has a less pressure and salary structure also quite low if you want to career growth pls change it or other wise ifb has best choice

Skill development - Good

+3 more

Dislikes

Long working hours less wages

Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 22 Jan 2025

3.0

for Salary and Benefits

Likes

Its good place to learn about how manufacturing works, I consider if you are a fresher and salary is not an issue to survive

Skill development - Excellent

+2 more

Dislikes

Work life balance is not that great 6 days working. No shifts or work from home/Hybrid options Ctc to actual pay there are lot of cutting

see more salary related reviews

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IFB Cluster Head Salary FAQs

What is the salary of Cluster Head at IFB ?

The average salary of a Cluster Head at IFB in India typically ranges from ₹8.5 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Cluster Head at IFB earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Cluster Head Salaries at IFB 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 4 IFB employees in India.

What is the estimated take home salary of a Cluster Head at IFB in India?

The estimated take-home salary of a Cluster Head at IFB in India typically ranges from ₹80,801 to ₹82,906 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 6 years to 13 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 4 salaries received from various employees of IFB. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IFB for Cluster Head in India?

Yes Bank	₹10.0 Lakhs to ₹38.9 Lakhs per year
IDFC FIRST Bank	₹9.5 Lakhs to ₹38.2 Lakhs per year
HDFC Bank	₹8.5 Lakhs to ₹32.0 Lakhs per year
Bajaj Electricals	₹15.5 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Cluster Head in companies similar to IFB in India?

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

Jana Small Finance Bank

₹3.8 Lakhs to ₹15.7 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 Head at IFB in India?

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

Experience	Average Salary Range
6 years	₹8.5 Lakhs to ₹17.0 Lakhs per year
7 years	₹8.5 Lakhs to ₹18.3 Lakhs per year
8 years	₹9.8 Lakhs to ₹12.6 Lakhs per year
9 years	₹10.5 Lakhs to ₹13.4 Lakhs per year

and so on.

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IFB Cluster Head Salaries

IFB Cluster Head salary in India ranges between ₹8.5 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IFB latest salaries received from various employees of IFB.