IIFL Finance Cluster Head Salaries by 40+ Employees (Updated 2025)

8 - 16 years exp.

₹4 Lakhs - ₹12.5 Lakhs

Salary of majority employees

Fixed (84%)

₹6.5 Lakhs

Variable (16%)

₹1.3 Lakh

45% less than the average Cluster Head Salary in NBFC Companies for 8 - 16 years of experience

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Salaries in different departments

Sales & Business Development Cluster Head Salary 8 - 16 years exp. (18 salaries)	₹5 L/yr - ₹11.5 L/yr
BFSI, Investments & Trading Cluster Head Salary 10 - 15 years exp. (11 salaries)	₹6 L/yr - ₹12.5 L/yr
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Customer Success, Service & Operations Cluster Head Salary 10 - 12 years exp. (3 salaries)	₹5 L/yr - ₹8.3 L/yr
Human Resources Cluster Head Salary 10 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹8.5 L/yr
Finance & Accounting Cluster Head Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.5 L/yr

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Last Updated: 10 Oct 2024

Companies similar to IIFL Finance for Cluster Head

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Cluster Head Salary 8 - 19 years exp. (30 salaries)	₹7.1 L/yr - ₹17.1 L/yr 59% more
Kotak Securities Cluster Head Salary 6 - 16 years exp. (32 salaries)	₹4.5 L/yr - ₹9.9 L/yr 21% less
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ICICI Securities Cluster Head Salary 11 - 13 years exp. (3 salaries)	₹12 L/yr - ₹15.1 L/yr 77% more
Angel One Cluster Head Salary 10 - 19 years exp. (6 salaries)	₹9.5 L/yr - ₹12.3 L/yr 51% more
Motilal Oswal Financial Services Cluster Head Salary 4 - 16 years exp. (13 salaries)	₹9.7 L/yr - ₹19.3 L/yr 60% more
Edelweiss Cluster Head Salary 7 - 20 years exp. (25 salaries)	₹10.6 L/yr - ₹21 L/yr 96% more
HDB Financial Services Cluster Head Salary 12 - 24 years exp. (32 salaries)	₹12 L/yr - ₹23 L/yr 130% more
Piramal Capital Housing Finance Cluster Head Salary 7 - 14 years exp. (25 salaries)	₹10 L/yr - ₹24 L/yr 110% more
Bajaj Finance Cluster Head Salary 4 - 17 years exp. (19 salaries)	₹9 L/yr - ₹21.9 L/yr 115% more
Tata Capital Cluster Head Salary 5 - 17 years exp. (15 salaries)	₹9.1 L/yr - ₹25 L/yr 132% more	2 job openings
Muthoot Finance Cluster Head Salary 12 - 18 years exp. (13 salaries)	₹4.7 L/yr - ₹10.7 L/yr 12% less
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SMFG India Credit Cluster Head Salary 7 - 17 years exp. (7 salaries)	₹8 L/yr - ₹14 L/yr 48% more
Aditya Birla Finance Cluster Head Salary 9 - 18 years exp. (6 salaries)	₹17.5 L/yr - ₹28 L/yr 186% more
Bharat Financial Inclusion Cluster Head Salary 14 - 18 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 13% less
Manappuram Finance Cluster Head Salary 10 - 13 years exp. (4 salaries)	₹5.1 L/yr - ₹5.5 L/yr 34% less
Kotak Mahindra Prime Cluster Head Salary 10 - 18 years exp. (4 salaries)	₹14.3 L/yr - ₹16.3 L/yr 107% more
Aavas Financiers Cluster Head Salary 10 - 19 years exp. (4 salaries)	₹8.3 L/yr - ₹12.5 L/yr 46% more
Mahindra Rural Housing Finance Cluster Head Salary 8 - 14 years exp. (3 salaries)	₹9.3 L/yr - ₹14 L/yr 39% more

Cluster Head salary at IIFL Finance ranges between ₹4 Lakhs to ₹12.5 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 49 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Cluster Head salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
8 years (3 salaries)	₹5 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹11.5 L/yr
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10 years (8 salaries)	₹4.5 L/yr - ₹12.2 L/yr
11 years (7 salaries)	₹4 L/yr - ₹10.5 L/yr
12 years (14 salaries)	₹4 L/yr - ₹12.5 L/yr
13 years (3 salaries)	₹4 L/yr - ₹14.4 L/yr
14 years (7 salaries)	₹5.3 L/yr - ₹8.5 L/yr
15+ years (5 salaries)	₹6 L/yr - ₹10 L/yr

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Area Manager Salary

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Business Manager Salary

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₹5.5 L/yr - ₹7 L/yr

Branch Manager Salary

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₹2.2 L/yr - ₹8 L/yr

Territory Manager Salary

(213 salaries)

₹4.75 L/yr - ₹14 L/yr

Top skills at IIFL Finance for Cluster Head

Health Insurance Mutual Funds SIP Health Insurance Mutual Funds SIP Financial operations Insurance Sales Cross Sales Banking SME Sales

Salary related reviews for IIFL Finance

3.3

Rated by 13 employees for salary & benefits

Cluster Head in Bhopal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 Nov 2024

4.0

for Salary and Benefits

Likes

Thats a good place where you actually feel like doing service not a servant. From logical goals to compensation and office timing, all very good. (Writing basis my tenure with IIFL till Mar 2020)

Salary - Good

+5 more

Dislikes

A bit uncertainty in policy, one at top level can change policy immediately without any proper communication.

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Area Manager in Guwahati

Full Time

Sales & Business Development Department

4.0

• posted on 04 Oct 2023

4.0

for Salary and Benefits

Likes

Good Culture, Good Management, Employee Partnership Program ESOP, Bonus

Salary - Good

+6 more

Dislikes

...s, ideally it should not be, Self driven people must have freedom from all this. Salary Structure should be as per performance, Outsiders gets higher package and those who are working since long they are having less salary. Few Seniors are looks like they are our guardian and they understand our problems, But few seniors we we feel scared even to make a call

Territory Sales Manager in Jaipur

Full Time

Sales & Business Development Department

5.0

• posted on 27 Sep 2023

5.0

for Salary and Benefits

Likes

...earn lot of thinks at my 12th year career company work culture is very healthy . Company each and every employee growth salary and profile according time to time.

Salary - Excellent

+6 more

Dislikes

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

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an internal auditor

Offer related guidance

Hi there, I need a little clarity. I am currently working as a Manager in an NBFC from the past 2.5 yrs. My current CTC is 7.7 Lpa fixed. I've an offer in hand with a CTC of 9.7 LPA but with a designation lower than manager i.e. DM. What is your take on it? Should I accept the offer? Is it a fair pay?

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IIFL Finance Cluster Head Salary FAQs

What is the salary of Cluster Head at IIFL Finance?

Cluster Head salary at IIFL Finance in India ranges between ₹4.0 Lakhs to ₹12.5 Lakhs for experience between 8 years to 16 years. According to our estimates it is 45% less than the average Cluster Head Salary in India. Salary estimates are based on 49 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Cluster Head at IIFL Finance India compare with the average salary range for this job?

The average salary of a Cluster Head at IIFL Finance is 45% less than the average salary of a Cluster Head in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Head at IIFL Finance?

Health Insurance, Mutual Funds, SIP, Health Insurance and Mutual Funds are some of the popular skills required to work as a Cluster Head at IIFL Finance India.

Which similar companies are paying more than IIFL Finance to a Cluster Head in India?

Aditya Birla Finance Cluster Head Salary - ₹17.5 Lakhs to ₹28.0 Lakhs per year
Tata Capital Cluster Head Salary - ₹9.1 Lakhs to ₹25.0 Lakhs per year
HDB Financial Services Cluster Head Salary - ₹12.0 Lakhs to ₹23.0 Lakhs per year
Bajaj Finance Cluster Head Salary - ₹9.0 Lakhs to ₹21.9 Lakhs per year
Piramal Capital Housing Finance Cluster Head Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year

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

Kotak Mahindra Prime Cluster Head Salary - ₹14.3 Lakhs to ₹16.3 Lakhs per year
Edelweiss Cluster Head Salary - ₹10.6 Lakhs to ₹21.0 Lakhs per year
ICICI Securities Cluster Head Salary - ₹12.0 Lakhs to ₹15.1 Lakhs per year
Motilal Oswal Financial Services Cluster Head Salary - ₹9.7 Lakhs to ₹19.3 Lakhs per year
HDFC Securities Cluster Head Salary - ₹7.1 Lakhs to ₹17.1 Lakhs per year

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

The estimated take-home salary of a Cluster Head at IIFL Finance ranges between ₹57,799 per month to ₹59,253 per month in India. The take-home salary calculation is based on the average IIFL Finance Cluster Head salary in India which ranges between ₹4.0 Lakhs to ₹12.5 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 Head at IIFL Finance?

According to AmbitionBox, 46% of the IIFL Finance Cluster Heads reported a notice period of 3 Months, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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IIFL Finance Cluster Head Salaries

IIFL Finance Cluster Head salary in India ranges between ₹4 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 IIFL Finance latest salaries received from various employees of IIFL Finance.