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

5 - 12 years exp.

₹3.9 Lakhs - ₹10 Lakhs

Salary of majority employees

21% 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
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (298 salaries)	₹8.1 L/yr - ₹29.5 L/yr 165% more	108 job openings
HDB Financial Services Cluster Manager Salary 12 - 23 years exp. (233 salaries)	₹9.5 L/yr - ₹26 L/yr 146% more	8 job openings
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Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (142 salaries)	₹4.1 L/yr - ₹11 L/yr 4% less	4 job openings
SMFG India Credit Cluster Manager Salary 7 - 19 years exp. (77 salaries)	₹5 L/yr - ₹17.9 L/yr 60% more
Spandana Sphoorty Financial Cluster Manager Salary 0 - 10 years exp. (75 salaries)	₹3.2 L/yr - ₹7.2 L/yr 26% less
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 3 - 17 years exp. (68 salaries)	₹8.4 L/yr - ₹21 L/yr 95% more
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 43% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 68% more	1 job opening
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	₹3.7 L/yr - ₹7.5 L/yr 16% less	1 job opening
Annapurna Finance Cluster Manager Salary 4 - 13 years exp. (16 salaries)	₹5 L/yr - ₹10 L/yr 8% more
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SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹5.8 L/yr - ₹15 L/yr 45% more
Aye Finance Cluster Manager Salary 3 - 17 years exp. (11 salaries)	₹6.2 L/yr - ₹9 L/yr 6% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 9% less
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 12% less
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	₹12 L/yr - ₹21.5 L/yr 112% more
Asirvad Microfinance Cluster Manager Salary 12 - 17 years exp. (6 salaries)	₹7 L/yr - ₹10 L/yr 27% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 4% less
CreditAccess Grameen Cluster Manager Salary 7 - 17 years exp. (6 salaries)	₹2.2 L/yr - ₹4.3 L/yr 53% less
Capri Global Capital Cluster Manager Salary 14 - 17 years exp. (5 salaries)	₹11 L/yr - ₹17.5 L/yr 107% more

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

(58 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(43 salaries)

₹3.72 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

(186 salaries)

₹1.95 L/yr - ₹7 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

(105 salaries)

₹1.95 L/yr - ₹4.51 L/yr

Sales Officer Salary

(7 salaries)

₹1.55 L/yr - ₹2.5 L/yr

Top skills at IIFL SAMASTA for Cluster Manager

Credit Policy Credit Analysis Risk Management Communication Skills

Salary related reviews for IIFL SAMASTA

4.3

Rated by 3 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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What people are saying about IIFL SAMASTA

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an application support associate

Need advice

Hi, I have been working in an organisation(bangalore )from june 2023 to as of now as application support, now am thinking of switching job because of toxic culture, no skills improvement and unsatisfied salary with 6day working, at the same Time am fearing/nervous what if not getting job after resign. Any suggestions?

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IIFL SAMASTA Cluster Manager Salary FAQs

What is the salary of Cluster Manager at IIFL SAMASTA ?

The average salary of a Cluster Manager at IIFL SAMASTA in India typically ranges from ₹3.9 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Cluster Manager at IIFL SAMASTA earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Cluster Manager Salaries at IIFL SAMASTA 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 10+ IIFL SAMASTA employees in India.

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 in India typically ranges from ₹54,192 to ₹55,544 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 10+ salaries received from various employees of IIFL SAMASTA. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Manager at IIFL SAMASTA ?

To be a Cluster Manager at IIFL SAMASTA in india, the key skills required include:

- Credit Policy
- Credit Analysis
- Risk Management
- Communication Skills

These skills are highly valued at IIFL SAMASTA and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IIFL SAMASTA for Cluster Manager in India?

Bajaj Finance	₹8.1 Lakhs to ₹29.5 Lakhs per year
HDB Financial Services	₹9.5 Lakhs to ₹26.0 Lakhs per year
Poonawalla Fincorp	₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital	₹11.0 Lakhs to ₹17.5 Lakhs per year
Piramal Capital Housing Finance	₹8.4 Lakhs to ₹21.0 Lakhs per year

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

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

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

Tata Capital	₹6.5 Lakhs to ₹15.5 Lakhs per year
SMFG India Credit	₹5.0 Lakhs to ₹17.9 Lakhs per year
Aavas Financiers	₹7.7 Lakhs to ₹15.5 Lakhs per year
SK Finance Limited	₹5.8 Lakhs to ₹15.0 Lakhs per year
Mahindra Finance	₹6.5 Lakhs to ₹16.0 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 Manager at IIFL SAMASTA in India?

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

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹8.6 Lakhs per year
6 years	₹3.0 Lakhs to ₹10.0 Lakhs per year
7 years	₹6.6 Lakhs to ₹8.5 Lakhs per year
8 years	₹3.9 Lakhs to ₹10.0 Lakhs per year

and so on.

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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.