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

5 - 12 years exp.

₹3.9 Lakhs - ₹10 Lakhs

Salary of majority employees

20% less than the average Cluster Manager Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 8 - 12 years exp. (4 salaries)	₹3.9 L/yr - ₹6.2 L/yr
Finance & Accounting Cluster Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹7.6 L/yr
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Product Management Cluster Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹10 L/yr

Last Updated: 16 Jan 2025

Companies similar to IIFL SAMASTA 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 76% more
Kotak Securities Cluster Manager Salary 8 - 12 years exp. (29 salaries)	₹3.9 L/yr - ₹7.3 L/yr 21% less
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ICICI Securities Cluster Manager Salary 3 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹12.6 L/yr 68% more
Angel One Cluster Manager Salary 5 - 17 years exp. (4 salaries)	₹5 L/yr - ₹11 L/yr 12% more
Motilal Oswal Financial Services Cluster Manager Salary 6 - 16 years exp. (27 salaries)	₹6.4 L/yr - ₹15.5 L/yr 32% more	1 job opening
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 131% more
Axis Direct Cluster Manager Salary 0 - 10 years exp. (322 salaries)	₹2.4 L/yr - ₹5.7 L/yr 47% less
Karvy Stock Broking Cluster Manager Salary 9 - 15 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 1% more
Bajaj Finance Cluster Manager Salary 5 - 14 years exp. (252 salaries)	₹7.9 L/yr - ₹29.5 L/yr 167% more
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (237 salaries)	₹9.5 L/yr - ₹25 L/yr 142% more	1 job opening
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (137 salaries)	₹4.1 L/yr - ₹12 L/yr 5% less	1 job opening
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SMFG India Credit Cluster Manager Salary 8 - 17 years exp. (69 salaries)	₹4.9 L/yr - ₹20.9 L/yr 60% more
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	₹5.3 L/yr - ₹8.4 L/yr 8% less
Piramal Capital Housing Finance Cluster Manager Salary 9 - 19 years exp. (57 salaries)	₹8.4 L/yr - ₹20.9 L/yr 95% more
Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (31 salaries)	₹6.5 L/yr - ₹16 L/yr 39% more
IDFC FIRST Bharat Cluster Manager Salary 6 - 15 years exp. (30 salaries)	₹4.2 L/yr - ₹13.3 L/yr 22% more
Tata Capital Cluster Manager Salary 5 - 16 years exp. (22 salaries)	₹7.5 L/yr - ₹15.5 L/yr 70% more	3 job openings
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (16 salaries)	₹4 L/yr - ₹7.5 L/yr 17% less
Muthoot Fincorp Cluster Manager Salary 6 - 14 years exp. (11 salaries)	₹5 L/yr - ₹10.5 L/yr 14% less
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 12% less

View all

Cluster Manager salary at IIFL SAMASTA ranges between ₹3.9 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 12 latest salaries received from various employees of IIFL SAMASTA.

Experience wise IIFL SAMASTA Cluster Manager salaries

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹10 L/yr
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7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
8 years (3 salaries)	₹3.9 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
10 years (5 salaries)	₹4.3 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.6 L/yr

View all

Similar Designation salaries in IIFL SAMASTA

Cluster Head Salary

(3 salaries)

₹9.5 L/yr - ₹13.8 L/yr

Area Manager Salary

(50 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(43 salaries)

₹4.25 L/yr - ₹9 L/yr

Business Manager Salary

(3 salaries)

₹2.2 L/yr - ₹9.2 L/yr

Sales Manager Salary

(10 salaries)

₹2.55 L/yr - ₹4.5 L/yr

Branch Manager Salary

(188 salaries)

₹1.95 L/yr - ₹6 L/yr

Territory Manager Salary

(4 salaries)

₹4 L/yr - ₹6.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹4.95 L/yr - ₹6 L/yr

Relationship Manager Salary

(104 salaries)

₹1.95 L/yr - ₹4.51 L/yr

Sales Officer Salary

(9 salaries)

₹1.55 L/yr - ₹2.75 L/yr

Top skills at IIFL SAMASTA for Cluster Manager

Credit Policy Credit Analysis Risk Management Communication Skills

Salary related reviews for IIFL SAMASTA

4.7

Rated by 4 employees for salary & benefits

Area Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Dec 2018

2.0

for Salary and Benefits

Likes

Salary and incentives

Dislikes

Samasta will bridge the gap between ambition and achievement of the working poor across India, by providing financial and non financial services, in a sustainable long term relationship to enable them to achieve a better quality of life.

Salary - Poor

+4 more

Branch Manager (working remotely)

Full Time

Sales Department

1.0

• posted on 26 Dec 2022

1.0

for Salary and Benefits

Likes

...about. The worst place to work. After getting offer letter confirm your net pay. Because there is deduction only from your salary. You will never get what was offered to you. There is no management no proper hr team. There is no leaves, even if you are getting married or you met with accident.

Dislikes

Can't explain. I will need months to explain. It will never end.

Salary - Bad

+6 more

Branch Manager in Kumbakonam . Thiruvarur Mailaduthurai

Branch manager collection Department

4.0

• posted on 14 May 2021

3.0

for Salary and Benefits

Likes

Very best company.and company policy very sopper I am working this company I understand over all knowledge

Skill development - Good

+5 more

Dislikes

I am working 4 years 8 month in mahindra rural housing finance my salary. 16 teen thousand rupees and aloans monthly 6000 thousand

Area Manager in Siliguri

Business Department

4.0

• posted on 05 Oct 2019

3.0

for Salary and Benefits

Likes

Very few Microfinance companies have a 5 working day policy, but Samasta Microfinance Ltd. does. The company policies in general are employee favouring.

Skill development - Good

+4 more

Dislikes

The compensation policy in my opinion could still be made better.

Branch Credit Manager in Kavali

Full Time

Finance & Accounting Department

3.0

• posted on 24 Dec 2024

4.0

for Salary and Benefits

Likes

On time salary

Salary - Good

+1 more

Dislikes

Actual time is 9.30 to 5.30 but in reality we work 6.30 to 7.00 sometime 8:30pm. No respect for women employee. Sometime BM force to deviate the work if we said no for it bm will targets employee. Today i resign because of that type of manager.

Promotions - Bad

+1 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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IIFL SAMASTA Cluster Manager Salary FAQs

What is the salary of Cluster Manager at IIFL SAMASTA?

Cluster Manager salary at IIFL SAMASTA in India ranges between ₹3.9 Lakhs to ₹10.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 20% less than the average Cluster Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of IIFL SAMASTA India.

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

The average salary of a Cluster Manager at IIFL SAMASTA is 20% 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 SAMASTA?

Credit Policy, Credit Analysis, Risk Management and Communication Skills are some of the popular skills required to work as a Cluster Manager at IIFL SAMASTA India.

Which similar companies are paying more than IIFL SAMASTA 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 ₹25.0 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 SAMASTA in India?

HDFC Securities Cluster Manager Salary - ₹10.0 Lakhs to ₹16.8 Lakhs per year
Tata Capital Cluster Manager Salary - ₹7.5 Lakhs to ₹15.5 Lakhs per year
ICICI Securities Cluster Manager Salary - ₹8.5 Lakhs to ₹12.6 Lakhs per year
SMFG India Credit Cluster Manager Salary - ₹4.9 Lakhs to ₹20.9 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 SAMASTA in India?

The estimated take-home salary of a Cluster Manager at IIFL SAMASTA ranges between ₹54,192 per month to ₹55,544 per month in India. The take-home salary calculation is based on the average IIFL SAMASTA Cluster Manager salary in India which ranges between ₹3.9 Lakhs to ₹10.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the IIFL SAMASTA Cluster Managers reported a notice period of 3 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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IIFL SAMASTA Cluster Manager Salaries

IIFL SAMASTA Cluster Manager salary in India ranges between ₹3.9 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.