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

9 - 16 years exp.

₹8 Lakhs - ₹15 Lakhs

Salary of majority employees

10% less than the average Cluster Business Head Salary in NBFC Companies for 9 - 16 years of experience

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Salaries in different departments

Sales & Business Development Cluster Business Head Salary 9 - 16 years exp. (33 salaries)	₹8 L/yr - ₹15 L/yr
BFSI, Investments & Trading Cluster Business Head Salary 9 - 16 years exp. (7 salaries)	₹10 L/yr - ₹13 L/yr
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Finance & Accounting Cluster Business Head Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹15 L/yr

Last Updated: 22 Mar 2025

Companies similar to IIFL Home Finance for Cluster Business Head

Company name	Avg Annual Salary	Open Jobs
Hinduja Housing Finance Cluster Business Head Salary 5 - 13 years exp. (157 salaries)	₹4.2 L/yr - ₹12 L/yr 36% less
Vistaar Finance Cluster Business Head Salary 10 - 12 years exp. (4 salaries)	₹8.2 L/yr - ₹12.1 L/yr 4% less
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SBFC Finance Cluster Business Head Salary 8 - 17 years exp. (4 salaries)	₹6.5 L/yr - ₹14.7 L/yr 4% less
Hinduja Leyland Finance Cluster Business Head Salary 5 - 23 years exp. (4 salaries)	₹6.3 L/yr - ₹12 L/yr 24% less
Sammaan Capital Limited Cluster Business Head Salary 15 - 18 years exp. (3 salaries)	₹40 L/yr - ₹94 L/yr 408% more
Ambit Finvest Cluster Business Head Salary 0 - 20 years exp. (3 salaries)	₹10 L/yr - ₹13.5 L/yr 2% more

Cluster Business Head salary at IIFL Home Finance ranges between ₹8 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 44 latest salaries received from various employees of IIFL Home Finance.

Experience wise IIFL Home Finance Cluster Business Head salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
9 years (5 salaries)	₹8 L/yr - ₹14.5 L/yr
10 years (5 salaries)	₹8 L/yr - ₹15 L/yr
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11 years (9 salaries)	₹8 L/yr - ₹14 L/yr
12 years (7 salaries)	₹9.5 L/yr - ₹14.3 L/yr
13 years (3 salaries)	₹10.4 L/yr - ₹13.5 L/yr
14 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹21.2 L/yr
15+ years (13 salaries)	₹10 L/yr - ₹15 L/yr

View all

Similar Designation salaries in IIFL Home Finance

Cluster Head Salary

(6 salaries)

₹9.75 L/yr - ₹15.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹12.4 L/yr - ₹15.9 L/yr

Team Lead Salary

(5 salaries)

₹2.5 L/yr - ₹10 L/yr

Sales Executive Salary

(17 salaries)

₹1.8 L/yr - ₹3.8 L/yr

Area Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5 L/yr

Sales Officer Salary

(54 salaries)

₹2 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(31 salaries)

₹4.6 L/yr - ₹11 L/yr

Sales Manager Salary

(73 salaries)

₹2.75 L/yr - ₹10 L/yr

Senior Sales Manager Salary

(7 salaries)

₹2.25 L/yr - ₹3.55 L/yr

Branch Manager Salary

(57 salaries)

₹3.5 L/yr - ₹7.3 L/yr

Salary related reviews for IIFL Home Finance

3.8

Rated by 23 employees for salary & benefits

Cluster Business Head in Erode

Full Time

Sales & Business Development Department

4.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

Salary very low for certain role and need to fix salary ctc for all higher role and need incentive structure to explain to all employee

Work-life balance - Good

Dislikes

Need clarification about incentive and policy to be stable dont change monthly on wards

Salary - Bad

+2 more

Deputy Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 22 Jul 2024

4.0

for Salary and Benefits

Likes

Working as a team Salary and other perks are good

Salary - Good

+3 more

Dislikes

Issue in granting leave to employees. If they grant leave then will have to do work most of the time. Need to carry your laptop. Officially Saturday is week off but need to work full day on Saturday.

Skill development - Poor

+1 more

Sales Manager in Dehradun

Full Time

Sales & Business Development Department

3.0

• posted on 20 Apr 2023

4.0

for Salary and Benefits

Likes

Company and Salary is good .

Salary - Good

Dislikes

Working environment was not good specially for my home branch where I was working. I worked and resigned within 3 months and no senior level person not even asked for my decision .Not only me others staff were also resigning from there post whenever the are getting any opportunity. Company profile was good, products were goods to sell in market but the local system was spoiling each and every thing

Skill development - Poor

+4 more

Relationship Manager in Virar West Maharashtra India

Full Time

Finance & Accounting Department

1.0

• posted on 14 Jun 2023

1.0

for Salary and Benefits

Likes

...ompany in my life.very bad experience in my carriar of life.i have joined the 3.50 lac annual package but 3 months has gone salary is given 15k without any notice.and totally harrasment this company.

Dislikes

Haven't any possitive word there is written me .

Salary - Bad

+6 more

Relationship Manager in Vasai-Virar

Sales & Business Development Department

1.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

Friendly with credit team

Skill development - Good

Dislikes

Salary deduction incentives not giving overall experience didnot company terms conditions designed self totally haresment mentally & financially... 15 years experience feeling fist time seen very very bad & poor company...

Salary - Bad

+5 more

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IIFL Home Finance Cluster Business Head Salary FAQs

What is the salary of Cluster Business Head at IIFL Home Finance ?

The average salary of a Cluster Business Head at IIFL Home Finance in India typically ranges from ₹8.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Cluster Business Head at IIFL Home Finance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Cluster Business Head Salaries at IIFL Home Finance 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 40+ IIFL Home Finance employees in India.

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

The estimated take-home salary of a Cluster Business Head at IIFL Home Finance in India typically ranges from ₹83,028 to ₹85,196 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 9 years to 16 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 40+ salaries received from various employees of IIFL Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL Home Finance for Cluster Business Head in India?

Sammaan Capital Limited	₹40.0 Lakhs to ₹94.0 Lakhs per year
Ambit Finvest	₹10.0 Lakhs to ₹13.5 Lakhs per year

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

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

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

Vistaar Finance	₹8.2 Lakhs to ₹12.1 Lakhs per year
SBFC Finance	₹6.5 Lakhs to ₹14.7 Lakhs per year
Hinduja Leyland Finance	₹6.3 Lakhs to ₹12.0 Lakhs per year
Hinduja Housing Finance	₹4.2 Lakhs to ₹12.0 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 Business Head at IIFL Home Finance in India?

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

Experience	Average Salary Range
9 years	₹8.0 Lakhs to ₹14.5 Lakhs per year
10 years	₹8.0 Lakhs to ₹15.0 Lakhs per year
11 years	₹8.0 Lakhs to ₹14.0 Lakhs per year
12 years	₹9.5 Lakhs to ₹14.3 Lakhs per year

and so on.

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IIFL Home Finance Cluster Business Head Salaries by Location

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IIFL Home Finance Cluster Business Head Salaries

IIFL Home Finance Cluster Business Head salary in India ranges between ₹8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 44 IIFL Home Finance latest salaries received from various employees of IIFL Home Finance.

IIFL Home Finance Cluster Business Head salaries in India (Updated 2025)

Companies similar to IIFL Home Finance for Cluster Business Head

Latest annual salaries shared by IIFL Home Finance Cluster Business Head

Experience wise IIFL Home Finance Cluster Business Head salaries

Similar Designation salaries in IIFL Home Finance

Salary related reviews for IIFL Home Finance

Cluster Business Head in Erode

Deputy Manager in New Delhi

Sales Manager in Dehradun

Relationship Manager in Virar West Maharashtra India

Relationship Manager in Vasai-Virar

IIFL Home Finance Cluster Business Head Salary FAQs

Tell us how to improve this page.

IIFL Home Finance Cluster Business Head Salaries by Location