Indostar Home Finance Cluster Head Salaries by 6 Employees

9 - 20 years exp.

₹9.6 Lakhs - ₹18.4 Lakhs

Low Confidence

Salary of majority employees

At par with the average Cluster Head Salary in Financial Services Companies for 9 - 20 years of experience

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Last Updated: 18 Sep 2024

Companies similar to Indostar Home Finance for Cluster Head

Company name	Avg Annual Salary	Open Jobs
Edelweiss Cluster Head Salary 7 - 20 years exp. (25 salaries)	₹10.6 L/yr - ₹21 L/yr 9% more
JM Financial Cluster Head Salary 8 - 16 years exp. (23 salaries)	₹6.3 L/yr - ₹19.7 L/yr 19% less
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Motilal Oswal Financial Services Cluster Head Salary 4 - 14 years exp. (15 salaries)	₹5.9 L/yr - ₹19.3 L/yr 6% less
Aditya Birla Capital Cluster Head Salary 4 - 7 years exp. (13 salaries)	₹7 L/yr - ₹14.3 L/yr 30% less
Nippon Life India Asset Management Cluster Head Salary 14 - 19 years exp. (8 salaries)	₹17.3 L/yr - ₹27 L/yr 51% more
Bajaj Finserv Cluster Head Salary 5 - 17 years exp. (7 salaries)	₹7 L/yr - ₹18 L/yr 2% more
The Muthoot Group Cluster Head Salary 1 - 22 years exp. (6 salaries)	₹3 L/yr - ₹9 L/yr 58% less
Bajaj Capital Cluster Head Salary 4 - 12 years exp. (4 salaries)	₹7 L/yr - ₹15.5 L/yr 26% less
Motilal Oswal Cluster Head Salary 6 - 16 years exp. (4 salaries)	₹12 L/yr - ₹30 L/yr 25% more
ICICI Securities Cluster Head Salary 11 - 13 years exp. (3 salaries)	₹12 L/yr - ₹15.1 L/yr 2% more
Srei Equipment Finance Cluster Head Salary 16 - 20 years exp. (3 salaries)	₹11.1 L/yr - ₹18 L/yr 13% more
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Cluster Head salary at Indostar Home Finance ranges between ₹9.6 Lakhs to ₹18.4 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of Indostar Home Finance.

Experience wise Indostar Home Finance Cluster Head salaries

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹22.8 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹23.1 L/yr
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11 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
14 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
15+ years (3 salaries)	₹9.6 L/yr - ₹18.4 L/yr

View all

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Salary related reviews for Indostar Home Finance

3.8

Rated by 2 employees for salary & benefits

Area Sales Manager in Mumbai

Finance Department

1.0

• posted on 19 Mar 2019

1.0

for Salary and Benefits

Likes

Nothing i Liked about the Company. The Management is very weak in decision making. No clear approach towards the future. Irresponsible hiring done

Dislikes

You cannot tell your staff to just quit one day. There was no job security, low salary, not open to any innovations.

Salary - Bad

+6 more

Management Trainee in Ahmedabad

Full Time

Finance & Accounting Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

The Managers have been amazing & very supportive especially. I truly admire the office culture and the Upper Management at Ahmedabad Branch (regional head & all).

Salary - Good

+4 more

Dislikes

Sometimes there is a lot of pressure from management.

Sales Manager in Hosur

Sales & Marketing Department

5.0

• posted on 18 Mar 2022

4.0

for Salary and Benefits

Likes

Hi here is very comfortable policy to cover a middle class family. And loan process tat only 7days. Pmay scheme is very helpful for low middle class family. And low ROI. Loyalty scheme it's a emi discount scheme we give Around 12 emi discount so we easily cover the customers. It's really good to working here.

Salary - Good

+6 more

Dislikes

Nill

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Indostar Home Finance Cluster Head Salary FAQs

What is the salary of Cluster Head at Indostar Home Finance ?

The average salary of a Cluster Head at Indostar Home Finance in India typically ranges from ₹9.6 Lakhs to ₹18.4 Lakhs per year, depending on experience (from 9 years to 20 years).

The top 10% of Cluster Head at Indostar Home Finance earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹18.4 Lakhs per year. Cluster Head Salaries at Indostar Home 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 6 Indostar Home Finance employees in India.

What is the estimated take home salary of a Cluster Head at Indostar Home Finance in India?

The estimated take-home salary of a Cluster Head at Indostar Home Finance in India typically ranges from ₹95,445 to ₹98,020 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹18.4 Lakhs per year for employees with experience ranging from 9 years to 20 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 6 salaries received from various employees of Indostar Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Nippon Life India Asset Management	₹17.3 Lakhs to ₹27.0 Lakhs per year
Motilal Oswal	₹12.0 Lakhs to ₹30.0 Lakhs per year
Srei Equipment Finance	₹11.1 Lakhs to ₹18.0 Lakhs per year
Edelweiss	₹10.6 Lakhs to ₹21.0 Lakhs per year
Bajaj Finserv	₹7.0 Lakhs to ₹18.0 Lakhs per year

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

What is the salary of a Cluster Head in companies similar to Indostar Home Finance in India?

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

ICICI Securities	₹12.0 Lakhs to ₹15.1 Lakhs per year
Motilal Oswal Financial Services	₹5.9 Lakhs to ₹19.3 Lakhs per year
JM Financial	₹6.3 Lakhs to ₹19.7 Lakhs per year
Bajaj Capital	₹7.0 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Capital	₹7.0 Lakhs to ₹14.3 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 Indostar Home Finance in India?

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

Experience	Average Salary Range
9 years	₹10.5 Lakhs to ₹22.8 Lakhs per year
10 years	₹10.0 Lakhs to ₹23.1 Lakhs per year
11 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
12 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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Indostar Home Finance Cluster Head Salaries

Indostar Home Finance Cluster Head salary in India ranges between ₹9.6 Lakhs to ₹18.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Indostar Home Finance latest salaries received from various employees of Indostar Home Finance.