L&T Finance Cluster Manager Salaries by 8 Employees

3 - 12 years exp.

₹4.2 Lakhs - ₹8.1 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Cluster Manager Salary in NBFC Companies for 3 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Cluster Manager Salary 3 - 5 years exp. (3 salaries)	₹5.8 L/yr - ₹8.1 L/yr
Login to view exact salary
Finance & Accounting Cluster Manager Salary 6 - 12 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to L&T Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (312 salaries)	₹8.8 L/yr - ₹29.5 L/yr 200% more	108 job openings
HDFC Bank Cluster Manager Salary 4 - 18 years exp. (30 salaries)	₹6.8 L/yr - ₹20 L/yr 85% more
Login to view exact salary
ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	₹6 L/yr - ₹25 L/yr 127% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 49% more
Axis Bank Cluster Manager Salary 5 - 17 years exp. (77 salaries)	₹4.7 L/yr - ₹15.5 L/yr 63% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 92% more	1 job opening
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 63% more
Aditya Birla Capital Cluster Manager Salary 0 - 13 years exp. (175 salaries)	₹5 L/yr - ₹13 L/yr 35% more
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 76% more
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (232 salaries)	₹9.5 L/yr - ₹25 L/yr 172% more	6 job openings
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (145 salaries)	₹4 L/yr - ₹10.6 L/yr 10% more	3 job openings
Login to view exact salary
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	₹5.3 L/yr - ₹8.4 L/yr 7% more
SMFG India Credit Cluster Manager Salary 7 - 19 years exp. (78 salaries)	₹5 L/yr - ₹21 L/yr 83% more
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 56% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	₹3.7 L/yr - ₹7.5 L/yr 4% less	1 job opening
SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹5.8 L/yr - ₹15 L/yr 65% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 4% more
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	₹12 L/yr - ₹21.5 L/yr 142% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 10% more
Aavas Financiers Cluster Manager Salary 7 - 15 years exp. (6 salaries)	₹7 L/yr - ₹13 L/yr 38% more

View all

Cluster Manager salary at L&T Finance ranges between ₹4.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 8 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Cluster Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.5 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.2 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.6 L/yr
9 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.4 L/yr

View all

Similar Designation salaries in L&T Finance

Store Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Area Manager Salary

(32 salaries)

₹4.9 L/yr - ₹15 L/yr

Deputy Manager Salary

(6 salaries)

₹7 L/yr - ₹9 L/yr

Business Manager Salary

(233 salaries)

₹3.35 L/yr - ₹9.1 L/yr

Sales Manager Salary

(82 salaries)

₹3 L/yr - ₹12.1 L/yr

Branch Manager Salary

(217 salaries)

₹2.4 L/yr - ₹6.34 L/yr

Territory Manager Salary

(165 salaries)

₹4.2 L/yr - ₹10 L/yr

Area Sales Manager Salary

(356 salaries)

₹4 L/yr - ₹15 L/yr

Relationship Manager Salary

(65 salaries)

₹2.4 L/yr - ₹10.74 L/yr

Salary related reviews for L&T Finance

4.2

Rated by 2 employees for salary & benefits

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Salary - Good

+1 more

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Job security - Bad

+4 more

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Salary - Good

+1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Job security - Poor

+1 more

Business Manager in Bangalore / Bengaluru

Full Time

Sales & Service Department

2.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

Ok ok , some of the bosses were good and company has good salary package structure against its competition

Dislikes

Targets get too much demanding in short period of time.Proper training should be given by trainer in hotels to relax the employees. HR activities should be increased

Salary - Bad

+6 more

Branch Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Jan 2023

4.0

for Salary and Benefits

Likes

If you work well the company give quik promotion and good salary, Company s salary good but , benifits very worst

Salary - Good

+1 more

Dislikes

Hr benifits very worst, the higher or reporting manager are very worst people most. They like personal vanchens only.The company like employees benefits, but the reporting manager are don't care about employees benefits.communication lag in hr and employees, hr support only Regional manager concern about employees.No benifits for work this. Organisation.

Job security - Bad

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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.

Got a question about L&T Finance?

Ask anonymously on communities.

L&T Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at L&T Finance ?

The average salary of a Cluster Manager at L&T Finance in India typically ranges from ₹4.2 Lakhs to ₹8.1 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Cluster Manager at L&T Finance earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. Cluster Manager Salaries at L&T 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 8 L&T Finance employees in India.

What is the estimated take home salary of a Cluster Manager at L&T Finance in India?

The estimated take-home salary of a Cluster Manager at L&T Finance in India typically ranges from ₹48,567 to ₹49,715 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.1 Lakhs per year for employees with experience ranging from 3 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 8 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Finance for Cluster Manager in India?

Bajaj Finance	₹8.8 Lakhs to ₹29.5 Lakhs per year
HDB Financial Services	₹9.5 Lakhs to ₹25.0 Lakhs per year
Poonawalla Fincorp	₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital	₹11.0 Lakhs to ₹17.5 Lakhs per year
ICICI Bank	₹6.0 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Cluster Manager in companies similar to L&T Finance in India?

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

Tata Capital Housing Finance	₹7.3 Lakhs to ₹17.7 Lakhs per year
Tata Capital	₹6.5 Lakhs to ₹15.5 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹17.3 Lakhs per year
HDFC Bank	₹6.8 Lakhs to ₹20.0 Lakhs per year
SMFG India Credit	₹5.0 Lakhs to ₹21.0 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 L&T Finance in India?

The salary growth for a Cluster Manager at L&T Finance depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at L&T Finance:

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹6.5 Lakhs per year
4 years	₹5.7 Lakhs to ₹6.5 Lakhs per year
5 years	₹2.4 Lakhs to ₹8.1 Lakhs per year
6 years	₹4.2 Lakhs to ₹11.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
L&T Finance Salaries >
L&T Finance Cluster Manager Salaries

L&T Finance Cluster Manager salary in India ranges between ₹4.2 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 L&T Finance latest salaries received from various employees of L&T Finance.