India Shelter Finance Corporation Cluster Manager Salaries by 4 Employees (Updated 2025)

7 - 12 years exp.

₹7 Lakhs - ₹12.3 Lakhs

Low Confidence

Salary of majority employees

11% more than the average Cluster Manager Salary in NBFC Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹11.1 L/yr - ₹13.5 L/yr
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Sales & Business Development Cluster Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 17 Mar 2023

Companies similar to India Shelter Finance Corporation for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 9 - 18 years exp. (23 salaries)	₹8.2 L/yr - ₹20 L/yr 20% more
Piramal Capital Housing Finance Cluster Manager Salary 8 - 19 years exp. (59 salaries)	₹8.4 L/yr - ₹20.9 L/yr 38% more
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Tata Capital Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹7.5 L/yr - ₹15.7 L/yr 23% more	3 job openings
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 64% more
Hero FinCorp Cluster Manager Salary 10 - 23 years exp. (79 salaries)	₹7.5 L/yr - ₹25 L/yr 60% more
Bajaj Housing Finance Cluster Manager Salary 5 - 15 years exp. (42 salaries)	₹10 L/yr - ₹22.1 L/yr 63% more
Finova Capital Cluster Manager Salary 5 - 14 years exp. (26 salaries)	₹4 L/yr - ₹10 L/yr 34% less	1 job opening
Home Credit Finance Cluster Manager Salary 6 - 15 years exp. (19 salaries)	₹4.1 L/yr - ₹9 L/yr 38% less	1 job opening
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (18 salaries)	₹6.5 L/yr - ₹11.5 L/yr 8% less
Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (14 salaries)	₹6.5 L/yr - ₹10.5 L/yr 14% less
Vistaar Finance Cluster Manager Salary 4 - 16 years exp. (7 salaries)	₹6 L/yr - ₹11.8 L/yr 11% less
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Muthoottu Mini Financiers Cluster Manager Salary 0 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹4.2 L/yr 70% less
Ugro Capital Cluster Manager Salary 9 - 15 years exp. (5 salaries)	₹6.7 L/yr - ₹12.8 L/yr 4% less
Shubham Housing Development Finance Cluster Manager Salary 6 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr 57% less
IKF Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9 L/yr - ₹11.4 L/yr 5% more
PNB Housing Finance Cluster Manager Salary 7 - 15 years exp. (4 salaries)	₹4.1 L/yr - ₹12.7 L/yr 28% less
Tata Capital Housing Finance Cluster Manager Salary 10 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹17.7 L/yr 24% more
Tyger Capital Cluster Manager Salary 5 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹8.2 L/yr 27% less
Hinduja Leyland Finance Cluster Manager Salary 0 - 10 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 14% less
InCred Finance Cluster Manager Salary 15 - 16 years exp. (3 salaries)	₹9.3 L/yr - ₹16 L/yr 19% more

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Cluster Manager salary at India Shelter Finance Corporation ranges between ₹7 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of India Shelter Finance Corporation.

Experience wise India Shelter Finance Corporation Cluster Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.4 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
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9 years (AmbitionBox Estimate)	₹4 L/yr - ₹12.3 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12.3 L/yr
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹20.4 L/yr

View all

Similar Designation salaries in India Shelter Finance Corporation

Cluster Head Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Area Manager Salary

(4 salaries)

₹7 L/yr - ₹14 L/yr

Deputy Manager Salary

(6 salaries)

₹4.35 L/yr - ₹10.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Sales Manager Salary

(16 salaries)

₹1.8 L/yr - ₹4.3 L/yr

Branch Manager Salary

(159 salaries)

₹2.9 L/yr - ₹8 L/yr

Area Sales Manager Salary

(6 salaries)

₹3.6 L/yr - ₹8.8 L/yr

Relationship Manager Salary

(162 salaries)

₹1.75 L/yr - ₹3.75 L/yr

Area Business Manager Salary

(32 salaries)

₹6.75 L/yr - ₹15.5 L/yr

Senior Sales Manager Salary

(3 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for India Shelter Finance Corporation

3.0

Rated by 1 employees for salary & benefits

Relationship Manager in Meerut

Sales & Business Development Department

5.0

• posted on 14 Jun 2021

5.0

for Salary and Benefits

Likes

...ment is transparent. Company policies are good and polite for achieving targets. Appraisals are fair and company give good salary hike and bonus every year.

Dislikes

In company there are no any words to say about company dislike.

Relationship Manager in Sangli Miraj Kupwad

Sales & Business Development Department

5.0

• posted on 04 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Nothing.

Relationship Manager in Gwalior/indore

Relationship Management Department

2.0

• posted on 23 Sep 2020

5.0

for Salary and Benefits

Likes

Relationship counsller the work is very interesting me.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Collections Manager in Ahmedabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 21 Dec 2024

3.0

for Salary and Benefits

Likes

...can promote creativity, innovation, and a sense of belonging among employees. 5. *Competitive benefits and compensation*: ISFC might offer attractive salary packages, benefits, and perks that recognize and reward employees' hard work and contributions.

Dislikes

1. _High stress levels_: Working in the financial sector, especially in a role related to housing finance, can be demanding and stressful. 2. _Bureaucratic processes_: Large organizations like ISFC might have complex administrative processes, which can be time-consuming and frustrating for employees. 3. _Limited flexibility_: Employees might experience limited flexibility in their work schedules, roles, or responsibilities, which can be constraining. 4. _Performance pressure_: Meeting sales targets, managing risk, and maintaining high performance standards can create pressure and anxiety for employees. 5. _Organizational changes_: ISFC, like any other organization, might undergo changes in leadership, policies, or procedures, which can create uncertainty and discomfort for employees.

Collection Officer in Bikaner

Full Time

Collection & Recovery Department

1.0

• posted on 04 May 2022

1.0

for Salary and Benefits

Likes

Only office ac i like the most

Dislikes

Worst company ever i seen and they only make fool to customer and employees sometime they hold salary sometimes they cut rupees from salary as well as job security is also not good

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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India Shelter Finance Corporation Cluster Manager Salary FAQs

What is the salary of Cluster Manager at India Shelter Finance Corporation?

Cluster Manager salary at India Shelter Finance Corporation in India ranges between ₹7.0 Lakhs to ₹12.3 Lakhs for experience between 7 years to 12 years. According to our estimates it is 11% more than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of India Shelter Finance Corporation India.

How does the salary of a Cluster Manager at India Shelter Finance Corporation India compare with the average salary range for this job?

The average salary of a Cluster Manager at India Shelter Finance Corporation is 11% more than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than India Shelter Finance Corporation to a Cluster Manager in India?

Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
Bajaj Housing Finance Cluster Manager Salary - ₹10.0 Lakhs to ₹22.1 Lakhs per year
Hero FinCorp Cluster Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
Piramal Capital Housing Finance Cluster Manager Salary - ₹8.4 Lakhs to ₹20.9 Lakhs per year
Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year

What is the salary of a Cluster Manager in companies similar to India Shelter Finance Corporation in India?

Tata Capital Cluster Manager Salary - ₹7.5 Lakhs to ₹15.7 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹8.2 Lakhs to ₹20.0 Lakhs per year
InCred Finance Cluster Manager Salary - ₹9.3 Lakhs to ₹16.0 Lakhs per year
IKF Finance Cluster Manager Salary - ₹9.0 Lakhs to ₹11.4 Lakhs per year
Ugro Capital Cluster Manager Salary - ₹6.7 Lakhs to ₹12.8 Lakhs per year

What is the estimated take home salary of a Cluster Manager at India Shelter Finance Corporation in India?

The estimated take-home salary of a Cluster Manager at India Shelter Finance Corporation ranges between ₹73,624 per month to ₹75,527 per month in India. The take-home salary calculation is based on the average India Shelter Finance Corporation Cluster Manager salary in India which ranges between ₹7.0 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at India Shelter Finance Corporation?

According to AmbitionBox, 100% of the India Shelter Finance Corporation Cluster Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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India Shelter Finance Corporation Cluster Manager Salaries

India Shelter Finance Corporation Cluster Manager salary in India ranges between ₹7 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 India Shelter Finance Corporation latest salaries received from various employees of India Shelter Finance Corporation.