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IIFL SAMASTA Cluster Manager salaries in Madurai

Annual salary range
8 - 12 years exp.
₹3.9 Lakhs - ₹6.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Cluster Manager Salary in NBFC Companies for 8 - 12 years of experience

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Last Updated: 10 Jan 2024

Companies similar to IIFL SAMASTA for Cluster Manager in Madurai

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IIFL SAMASTA Cluster Manager Salary

8 - 12 years exp. (4 salaries)

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₹3.9 L/yr - ₹6.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Muthoot Finance Cluster Manager Salary

9 - 18 years exp. (8 salaries)

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₹4 L/yr - ₹7.5 L/yr

arrow icon 2% less
4 job openings
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₹5.4 L/yr - ₹8.2 L/yr

arrow icon 21% more
1 job opening
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IDFC FIRST Bank Cluster Manager Salary

10 - 13 years exp. (5 salaries)

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₹6.6 L/yr - ₹13.2 L/yr

arrow icon 67% more
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Big C Cluster Manager Salary

8 - 13 years exp. (5 salaries)

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₹3 L/yr - ₹4.2 L/yr

arrow icon 47% less
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Hero FinCorp Cluster Manager Salary

16 - 18 years exp. (4 salaries)

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₹12 L/yr - ₹18.6 L/yr

arrow icon 145% more
Cluster Manager salary at IIFL SAMASTA ranges between ₹3.9 Lakhs to ₹6.8 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of IIFL SAMASTA.

Latest annual salaries shared by IIFL SAMASTA Cluster Manager in Madurai

1y ago
₹4.3 Lakhs
10 years exp.
1y ago
₹3.9 Lakhs
8 years exp.
1y ago
₹4.5 Lakhs
10 years exp.
1y ago
₹4.5 Lakhs
12 years exp.

Experience wise IIFL SAMASTA Cluster Manager salaries in Madurai

Last Updated: 10 Jan 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
11 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
12 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr

Similar Designation salaries in IIFL SAMASTA

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₹1.95 L/yr - ₹2.94 L/yr

Top skills at IIFL SAMASTA for Cluster Manager

Credit Policy Credit Analysis Risk Management Communication Skills

Salary related reviews for IIFL SAMASTA

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.

read more
  • Salary - Poor
  • +4 more

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.

read more

Dislikes

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

  • Salary - Bad
  • +6 more

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

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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.

read more
  • Skill development - Good
  • +4 more

Dislikes

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

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.

read more
  • Promotions - Bad
  • +1 more
see more salary related reviews

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IIFL SAMASTA Cluster Manager Salary FAQs

What is the salary of Cluster Manager at IIFL SAMASTA in Madurai?
The average salary of a Cluster Manager at IIFL SAMASTA in Madurai typically ranges from ₹3.9 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Cluster Manager in Madurai at IIFL SAMASTA earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 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 4 IIFL SAMASTA employees in India.
What is the estimated take home salary of a Cluster Manager at IIFL SAMASTA in Madurai?
The estimated take-home salary of a Cluster Manager at IIFL SAMASTA in Madurai typically ranges from ₹49,944 to ₹51,124 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 8 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 4 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 in Madurai?
To be a Cluster Manager at IIFL SAMASTA in Madurai, 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?
Hero FinCorp ₹12.0 Lakhs to ₹18.6 Lakhs per year
IDFC FIRST Bank ₹6.6 Lakhs to ₹13.2 Lakhs per year
Ujjivan Small Finance Bank ₹5.4 Lakhs to ₹8.2 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 Madurai?
The salary of a Cluster Manager at companies similar to IIFL SAMASTA in Madurai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Finance ₹4.0 Lakhs to ₹7.5 Lakhs per year
Big C ₹3.0 Lakhs to ₹4.2 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 Madurai?
The salary growth for a Cluster Manager at IIFL SAMASTA in Madurai depends on factors such as experience, performance, and promotions. On average, a Cluster Manager in Madurai can expect the following growth trajectory at IIFL SAMASTA:

Experience Average Salary Range
8 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
9 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
10 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
11 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
and so on.

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IIFL SAMASTA Cluster Manager salary in Madurai ranges between ₹3.9 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IIFL SAMASTA latest salaries received from various employees of IIFL SAMASTA.