IKF Finance Indore Cluster Head Salaries by 4 Employees

12 - 14 years exp.

₹10.8 Lakhs - ₹11.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Cluster Head Salary in NBFC Companies for 12 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹12.3 L/yr
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Sales & Business Development Cluster Head Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹11.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to IKF Finance for Cluster Head in Indore

IKF Finance Cluster Head Salary

12 - 14 years exp. (4 salaries)

₹10.8 L/yr - ₹11.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Cluster Head Salary 10 - 15 years exp. (10 salaries)	₹4.6 L/yr - ₹10.5 L/yr 13% less
HDFC Bank Cluster Head Salary 10 - 18 years exp. (9 salaries)	₹9.9 L/yr - ₹22 L/yr 81% more
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IDFC FIRST Bank Cluster Head Salary 10 - 19 years exp. (9 salaries)	₹9.4 L/yr - ₹20.3 L/yr 74% more
IndusInd Bank Cluster Head Salary 10 - 15 years exp. (8 salaries)	₹5.8 L/yr - ₹19 L/yr 2% less
Ninjacart Cluster Head Salary 6 - 11 years exp. (8 salaries)	₹7.5 L/yr - ₹15.6 L/yr 5% less

Cluster Head salary at IKF Finance ranges between ₹10.8 Lakhs to ₹11.1 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of IKF Finance.

Experience wise IKF Finance Cluster Head salaries in Indore

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
13 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
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14 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr

Similar Designation salaries in IKF Finance

Senior Sales Officer Salary

(7 salaries)

₹3.5 L/yr - ₹3.9 L/yr

Salary related reviews for IKF Finance

Credit Executive in Hubli

Full Time

Finance & Accounting Department

3.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance and work system.

Work-life balance - Good

Dislikes

No growth in salary since form 2yrs and no promotions till date as our co colleague since form 3yrs not got any promotion and minimal incriment and no update about companies new policy

Salary - Poor

+2 more

Senior Officer Operations in Somajiguda

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Nov 2020

1.0

for Salary and Benefits

Likes

Nothing.. No appraisals, bonus nothing.. No security at covid time also..only with one sanitiser bottle they run the office.. Management won't care about employee.. Fully partiality feelings and politics plays main role in this organisation.. Coming to work culture there is no proper policies it will change time to time and day by day...

Dislikes

Everything

Salary - Bad

+6 more

Credit Relationship Manager in Nellore

Full Time

Finance & Accounting Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Disbursement process is not like with mailing ,I like disbursement process in smartapp in quality controle stage with chat option ,I want this is better process and quickly disbursement.

Salary - Excellent

+6 more

Dislikes

I don't lik to quality control check with mailing

State Collection Head in Bhopal

Full Time

Finance & Accounting Department

4.0

• posted on 01 Jul 2024

4.0

for Salary and Benefits

Likes

It's work culture is very good ,and management is supporting to the employee.

Salary - Good

+4 more

Dislikes

The monopoly of the some senior management ,they are not judging employees by their performance and practice,they are judging on the basis of only ,how the employee do happy him.

Sales Officer in Thane

Full Time

Sales & Business Development Department

3.0

• posted on 10 Sep 2023

3.0

for Salary and Benefits

Likes

Good work life balance

Dislikes

Staff issues , not respect for woman's, not saftey for woman's, Not support for lady staff, Use abusive language, 2 mangaers very rudly speaking with other staff members No training, No guides

Skill development - Poor

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IKF Finance Cluster Head Salary FAQs

What is the salary of Cluster Head at IKF Finance in Indore?

The average salary of a Cluster Head at IKF Finance in Indore typically ranges from ₹10.8 Lakhs to ₹11.1 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Cluster Head in Indore at IKF Finance earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹11.1 Lakhs per year. Cluster Head Salaries at IKF 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 4 IKF Finance employees in India.

What is the estimated take home salary of a Cluster Head at IKF Finance in Indore?

The estimated take-home salary of a Cluster Head at IKF Finance in Indore typically ranges from ₹77,661 to ₹79,677 per month. This is based on the average salary range of ₹10.8 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from 12 years to 14 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 IKF Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IKF Finance for Cluster Head in India?

HDFC Bank	₹9.9 Lakhs to ₹22.0 Lakhs per year
IDFC FIRST Bank	₹9.4 Lakhs to ₹20.3 Lakhs per year

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

What is the salary of a Cluster Head in companies similar to IKF Finance in Indore?

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

IndusInd Bank	₹5.8 Lakhs to ₹19.0 Lakhs per year
Ninjacart	₹7.5 Lakhs to ₹15.6 Lakhs per year
Jana Small Finance Bank	₹4.6 Lakhs to ₹10.5 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 Head at IKF Finance in Indore?

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

Experience	Average Salary Range
12 years	₹10.3 Lakhs to ₹13.1 Lakhs per year
13 years	₹10.1 Lakhs to ₹12.9 Lakhs per year
14 years	₹10.0 Lakhs to ₹12.8 Lakhs per year

and so on.

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IKF Finance Cluster Head Salaries in Indore

IKF Finance Cluster Head salary in Indore ranges between ₹10.8 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IKF Finance latest salaries received from various employees of IKF Finance.