IIFL Finance Cluster Manager Salaries by 10+ Employees (Updated 2025)

3 - 15 years exp.

₹3.7 Lakhs - ₹7.5 Lakhs

Salary of majority employees

34% less than the average Cluster Manager Salary in NBFC Companies for 3 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 4 - 12 years exp. (5 salaries)	₹3.7 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Cluster Manager Salary 7 - 15 years exp. (4 salaries)	₹6.3 L/yr - ₹7.5 L/yr
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Sales & Business Development Cluster Manager Salary 3 - 13 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr
Finance & Accounting Cluster Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr

Last Updated: 8 Dec 2024

Companies similar to IIFL Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Cluster Manager Salary 10 - 25 years exp. (6 salaries)	₹10 L/yr - ₹16.8 L/yr 109% more
Kotak Securities Cluster Manager Salary 8 - 12 years exp. (29 salaries)	₹3.9 L/yr - ₹7.3 L/yr 6% less
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ICICI Securities Cluster Manager Salary 3 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹12.6 L/yr 100% more
Angel One Cluster Manager Salary 5 - 18 years exp. (5 salaries)	₹5 L/yr - ₹11 L/yr 7% more
Motilal Oswal Financial Services Cluster Manager Salary 6 - 16 years exp. (27 salaries)	₹6.4 L/yr - ₹15.5 L/yr 57% more	1 job opening
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 175% more
Axis Direct Cluster Manager Salary 0 - 10 years exp. (325 salaries)	₹2.3 L/yr - ₹5.7 L/yr 37% less	2 job openings
Karvy Stock Broking Cluster Manager Salary 9 - 15 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 20% more
Bajaj Finance Cluster Manager Salary 5 - 14 years exp. (256 salaries)	₹7.9 L/yr - ₹29.5 L/yr 218% more
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (235 salaries)	₹9.5 L/yr - ₹26 L/yr 191% more	3 job openings
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (142 salaries)	₹4 L/yr - ₹12 L/yr 13% more	1 job opening
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SMFG India Credit Cluster Manager Salary 8 - 19 years exp. (76 salaries)	₹5 L/yr - ₹21 L/yr 93% more
Bharat Financial Inclusion Cluster Manager Salary 0 - 9 years exp. (58 salaries)	₹5.3 L/yr - ₹8.4 L/yr 10% more
Piramal Capital Housing Finance Cluster Manager Salary 9 - 19 years exp. (57 salaries)	₹8.4 L/yr - ₹20.9 L/yr 133% more
Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (31 salaries)	₹6.5 L/yr - ₹16 L/yr 63% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (23 salaries)	₹6.5 L/yr - ₹15.5 L/yr 100% more	7 job openings
Home Credit Finance Cluster Manager Salary 6 - 15 years exp. (19 salaries)	₹4.1 L/yr - ₹9 L/yr 1% more
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (18 salaries)	₹6.5 L/yr - ₹11.5 L/yr 54% more
Annapurna Finance Cluster Manager Salary 4 - 13 years exp. (14 salaries)	₹5 L/yr - ₹10 L/yr 27% more
Muthoot Fincorp Cluster Manager Salary 6 - 14 years exp. (11 salaries)	₹5 L/yr - ₹10.5 L/yr 2% more	2 job openings

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Cluster Manager salary at IIFL Finance ranges between ₹3.7 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 17 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Cluster Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.3 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.2 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
12 years (3 salaries)	₹3.7 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.7 L/yr
14 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
15+ years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in IIFL Finance

Store Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Cluster Head Salary

(49 salaries)

₹3.96 L/yr - ₹12.5 L/yr

Area Manager Salary

(33 salaries)

₹3.85 L/yr - ₹14.39 L/yr

Deputy Manager Salary

(161 salaries)

₹2.3 L/yr - ₹10 L/yr

Business Manager Salary

(5 salaries)

₹5.5 L/yr - ₹7 L/yr

Sales Manager Salary

(230 salaries)

₹1 L/yr - ₹9 L/yr

Branch Manager Salary

(992 salaries)

₹2.2 L/yr - ₹8 L/yr

Territory Manager Salary

(210 salaries)

₹4.75 L/yr - ₹14 L/yr

Area Sales Manager Salary

(25 salaries)

₹6 L/yr - ₹16.1 L/yr

Relationship Manager Salary

(435 salaries)

₹0.9 L/yr - ₹6 L/yr

Top skills at IIFL Finance for Cluster Manager

Revenue Generation Business Development Team Handling Gold Loan Team Handling General Insurance Home Loans Lead Generation Sales Health Insurance Branch Management Demat Agency Sales Agent Recruitment Agency Channel

Salary related reviews for IIFL Finance

4.4

Rated by 6 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 Manager Salary FAQs

What is the salary of Cluster Manager at IIFL Finance?

Cluster Manager salary at IIFL Finance in India ranges between ₹3.7 Lakhs to ₹7.5 Lakhs for experience between 3 years to 15 years. According to our estimates it is 34% less than the average Cluster Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of IIFL Finance India.

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

The average salary of a Cluster Manager at IIFL Finance is 34% less 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 IIFL Finance?

Revenue Generation, Business Development, Team Handling, Gold Loan and Team Handling are some of the popular skills required to work as a Cluster Manager at IIFL Finance India.

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

Bajaj Finance Cluster Manager Salary - ₹7.9 Lakhs to ₹29.5 Lakhs per year
HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹26.0 Lakhs per year
Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
Poonawalla Fincorp Cluster Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
Piramal Capital Housing Finance Cluster Manager Salary - ₹8.4 Lakhs to ₹20.9 Lakhs per year

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

HDFC Securities Cluster Manager Salary - ₹10.0 Lakhs to ₹16.8 Lakhs per year
ICICI Securities Cluster Manager Salary - ₹8.5 Lakhs to ₹12.6 Lakhs per year
Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
SMFG India Credit Cluster Manager Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at IIFL Finance ranges between ₹46,453 per month to ₹47,553 per month in India. The take-home salary calculation is based on the average IIFL Finance Cluster Manager salary in India which ranges between ₹3.7 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at IIFL Finance?

According to AmbitionBox, 75% of the IIFL Finance Cluster Managers reported a notice period of 1 Month, 17% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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IIFL Finance Cluster Manager Salaries

IIFL Finance Cluster Manager salary in India ranges between ₹3.7 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 IIFL Finance latest salaries received from various employees of IIFL Finance.