L&T Finance Cluster Manager Salaries by 8 Employees (Updated 2025)

3 - 12 years exp.

₹4.2 Lakhs - ₹8.1 Lakhs

Low Confidence

Salary of majority employees

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

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 3 - 5 years exp. (3 salaries)	Unlock ₹5.8 L/yr - ₹8.1 L/yr
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Finance & Accounting Cluster Manager Salary 6 - 12 years exp. (AmbitionBox Estimate)	Unlock ₹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. (275 salaries)	Unlock ₹8 L/yr - ₹29.5 L/yr 207% more	107 job openings
HDFC Bank Cluster Manager Salary 5 - 17 years exp. (25 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 69% more
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ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	Unlock ₹6 L/yr - ₹25 L/yr 126% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	Unlock ₹3.9 L/yr - ₹16.2 L/yr 49% more
Axis Bank Cluster Manager Salary 5 - 17 years exp. (78 salaries)	Unlock ₹4.7 L/yr - ₹15.5 L/yr 65% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	Unlock ₹6.5 L/yr - ₹15.5 L/yr 92% more
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 63% more
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (164 salaries)	Unlock ₹5 L/yr - ₹14 L/yr 29% more
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹13.4 L/yr 76% more
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (242 salaries)	Unlock ₹9.5 L/yr - ₹26 L/yr 179% more	4 job openings
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (144 salaries)	Unlock ₹4 L/yr - ₹10.6 L/yr 10% more	3 job openings
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SMFG India Credit Cluster Manager Salary 8 - 19 years exp. (72 salaries)	Unlock ₹5 L/yr - ₹21 L/yr 89% more
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	Unlock ₹5.3 L/yr - ₹8.4 L/yr 7% more
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	Unlock ₹6.5 L/yr - ₹11.5 L/yr 56% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	Unlock ₹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)	Unlock ₹5.8 L/yr - ₹15 L/yr 65% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	Unlock ₹5.2 L/yr - ₹10.5 L/yr 6% more	2 job openings
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	Unlock ₹12 L/yr - ₹21.5 L/yr 142% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	Unlock ₹3.4 L/yr - ₹11 L/yr 10% more
Aavas Financiers Cluster Manager Salary 7 - 15 years exp. (6 salaries)	Unlock ₹7 L/yr - ₹13 L/yr 38% more

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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)	Unlock ₹2.3 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹6.5 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹11.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹11.6 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹12.4 L/yr

View all

Similar Designation salaries in L&T Finance

Store Manager Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Cluster Head Salary

(AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr

Area Manager Salary

(32 salaries)

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₹4.9 L/yr - ₹15 L/yr

Deputy Manager Salary

(6 salaries)

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₹7 L/yr - ₹9 L/yr

Business Manager Salary

(248 salaries)

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₹3.8 L/yr - ₹9 L/yr

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₹3 L/yr - ₹12.1 L/yr

Branch Manager Salary

(221 salaries)

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₹2.4 L/yr - ₹6 L/yr

Territory Manager Salary

(94 salaries)

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₹4.2 L/yr - ₹9.3 L/yr

Area Sales Manager Salary

(358 salaries)

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₹4 L/yr - ₹14.04 L/yr

Relationship Manager Salary

(58 salaries)

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₹2.4 L/yr - ₹12 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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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L&T Finance Cluster Manager Salary FAQs

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

Cluster Manager salary at L&T Finance in India ranges between ₹4.2 Lakhs to ₹8.1 Lakhs for experience between 3 years to 12 years. According to our estimates it is 31% less than the average Cluster Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of L&T Finance India.

How does the salary of a Cluster Manager at L&T Finance India compare with the average salary range for this job?

The average salary of a Cluster Manager at L&T Finance is 31% 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 L&T Finance to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹8.0 Lakhs to ₹29.5 Lakhs per year
HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹26.0 Lakhs per year
Poonawalla Fincorp Cluster Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital Cluster Manager Salary - ₹11.0 Lakhs to ₹17.5 Lakhs per year
ICICI Bank Cluster Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year

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

Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year
Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
SMFG India Credit Cluster Manager Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year
Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year

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 ranges between ₹48,567 per month to ₹49,715 per month in India. The take-home salary calculation is based on the average L&T Finance Cluster Manager salary in India which ranges between ₹4.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at L&T Finance?

According to AmbitionBox, 75% of the L&T Finance Cluster Managers reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.