Jumbo Finvest India Cluster Manager Salaries by 4 Employees (Updated 2024)

5 - 18 years exp.

₹3.9 Lakhs - ₹6 Lakhs

Salary of majority employees

50% less than the average Cluster Manager Salary in NBFC Companies for 5 - 18 years of experience

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Salaries in different departments

Finance & Accounting Cluster Manager Salary 5 - 18 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.8 L/yr
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Sales & Business Development Cluster Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr

Last Updated: 21 Jun 2023

Companies similar to Jumbo Finvest India for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Manager Salary 5 - 16 years exp. (277 salaries)	₹8 L/yr - ₹28.5 L/yr 307% more
HDFC Bank Cluster Manager Salary 9 - 18 years exp. (23 salaries)	₹8.2 L/yr - ₹20 L/yr 164% more
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Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (33 salaries)	₹5 L/yr - ₹16 L/yr 109% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 38% more
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 143% more
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (168 salaries)	₹5 L/yr - ₹14 L/yr 87% more
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (138 salaries)	₹4 L/yr - ₹10.6 L/yr 50% more	1 job opening
Cholamandalam Investment & Finance Cluster Manager Salary 11 - 15 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 75% more
Edelweiss Cluster Manager Salary 11 - 15 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 264% more
Hero FinCorp Cluster Manager Salary 10 - 20 years exp. (84 salaries)	₹7.5 L/yr - ₹27 L/yr 265% more
NeoGrowth Credit Cluster Manager Salary 7 - 20 years exp. (77 salaries)	₹7.5 L/yr - ₹16 L/yr 166% more
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Bajaj Housing Finance Cluster Manager Salary 5 - 13 years exp. (34 salaries)	₹10.5 L/yr - ₹22.1 L/yr 268% more
Finova Capital Cluster Manager Salary 5 - 14 years exp. (26 salaries)	₹4 L/yr - ₹10 L/yr 47% more
Home Credit Finance Cluster Manager Salary 6 - 15 years exp. (18 salaries)	₹4.1 L/yr - ₹9 L/yr 34% more	1 job opening
Vastu Housing Finance Cluster Manager Salary 10 - 19 years exp. (12 salaries)	₹7.2 L/yr - ₹21 L/yr 200% more
SBFC Finance Cluster Manager Salary 3 - 10 years exp. (8 salaries)	₹3.6 L/yr - ₹13.5 L/yr 82% more
Vistaar Finance Cluster Manager Salary 4 - 16 years exp. (7 salaries)	₹6 L/yr - ₹11.8 L/yr 97% more
Muthoottu Mini Financiers Cluster Manager Salary 0 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹4.2 L/yr 34% less
AVIOM Cluster Manager Salary 5 - 12 years exp. (6 salaries)	₹6.1 L/yr - ₹10 L/yr 75% more
Shubham Housing Development Finance Cluster Manager Salary 6 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr 6% less

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Cluster Manager salary at Jumbo Finvest India ranges between ₹3.9 Lakhs to ₹6 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Jumbo Finvest India.

Experience wise Jumbo Finvest India Cluster Manager salaries

Last Updated: 21 Jun 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
13 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
14 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
15+ years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Jumbo Finvest India

Cluster Head Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Branch Manager Salary

(43 salaries)

₹2.15 L/yr - ₹4.54 L/yr

Relationship Manager Salary

(3 salaries)

₹1.9 L/yr - ₹4 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Sales Executive Salary

(4 salaries)

₹1.85 L/yr - ₹2.15 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Salary related reviews for Jumbo Finvest India

4.0

Rated by 1 employees for salary & benefits

Operations Officer

Finance operations officer Department

3.0

• posted on 01 Oct 2019

5.0

for Salary and Benefits

Likes

... employee. Jfil is very careful company for our employees. Jfil not bad company. Jfil appraisal policy and salary pf policy is too good. Jfil learning mode work environment and etc very very good.

Dislikes

I have no complain for jfil and no any dislikes.

Branch Manager in Bharatpur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 23 Oct 2024

5.0

for Salary and Benefits

Likes

Jumbo finvest India limited work culture like a family. The leadership at this company is highly supportive and motivating. Senior managers not only listen to employees but also encourage them in every possible way. This helps everyone perform to their fullest potential. I have experienced very open and transparent communication while working here. Team members freely express their opinions, and everyone's ideas are valued. This helps in quick problem-solving and fosters teamwork. The company constantly provides opportunities for learning and personal growth. Whether through training sessions or various development programs, the environment here is perfect for those who want to learn and advance. The company offers flexible working hours, which helps maintain a balance between personal and professional life. This reduces stress and keeps employees enthusiastic about their work.The work environment here is very positive and healthy. Colleagues are always willing to help each other, and working in such an atmosphere is truly enjoyable. The company regularly recognizes and appreciates employee achievements. This motivates employees and encourages them to strive for even better performance. Therefore overall company as per my experience best. It's working stile like a family. So i love it.❣️

Dislikes

Relationship Officer in Ujjain

Finance & Accounting Department

1.0

• posted on 28 Sep 2019

1.0

for Salary and Benefits

Likes

It's not a good organisation , Disbursement b late hota he Salary b late aati he kbhi kbhi to bahut delay ho jati he

Dislikes

Yaha salary ki date fix nahi he kbhi 3, Ko kbhi 5 Ko kbhi 17 Ko Disbursement b late hota he

Relationship Officer-Operations in Kota

BFSI, Investments & Trading Department

3.0

• posted on 18 May 2018

3.0

for Salary and Benefits

Likes

the company is good , work in lettest techonoligy i hope i am part of this company ,and my good experiance

Dislikes

compensation is decebt but growth is slow , managers do not value an individuls unique strengths, apprasal is not good and no any holyday , only su day holyday , managers not cooperate out juniors , and lenguage is not good ,

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Jumbo Finvest India Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Jumbo Finvest India?

Cluster Manager salary at Jumbo Finvest India in India ranges between ₹3.9 Lakhs to ₹6.0 Lakhs for experience between 5 years to 18 years. According to our estimates it is 50% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Jumbo Finvest India India.

How does the salary of a Cluster Manager at Jumbo Finvest India India compare with the average salary range for this job?

The average salary of a Cluster Manager at Jumbo Finvest India is 50% less 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 Jumbo Finvest India to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹8.0 Lakhs to ₹28.5 Lakhs per year
Bajaj Housing Finance Cluster Manager Salary - ₹10.5 Lakhs to ₹22.1 Lakhs per year
Hero FinCorp Cluster Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
Vastu Housing Finance Cluster Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Jumbo Finvest India in India?

NeoGrowth Credit Cluster Manager Salary - ₹7.5 Lakhs to ₹16.0 Lakhs per year
InCred Finance Cluster Manager Salary - ₹9.3 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹8.2 Lakhs to ₹20.0 Lakhs per year
Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
India Shelter Finance Corporation Cluster Manager Salary - ₹7.0 Lakhs to ₹12.3 Lakhs per year

What is the estimated take home salary of a Cluster Manager at Jumbo Finvest India in India?

The estimated take-home salary of a Cluster Manager at Jumbo Finvest India ranges between ₹34,390 per month to ₹35,639 per month in India. The take-home salary calculation is based on the average Jumbo Finvest India Cluster Manager salary in India which ranges between ₹3.9 Lakhs to ₹6.0 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Jumbo Finvest India?

According to AmbitionBox, 100% of the Jumbo Finvest India Cluster Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Jumbo Finvest India Cluster Manager Salaries

Jumbo Finvest India Cluster Manager salary in India ranges between ₹3.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Jumbo Finvest India latest salaries received from various employees of Jumbo Finvest India.