Mahindra Finance Bhopal Cluster Manager Salaries by 4 Employees (Updated 2025)

8 - 11 years exp.

₹9.7 Lakhs - ₹13.5 Lakhs

Salary of majority employees

5% more than the average Cluster Manager Salary in NBFC Companies for 8 - 11 years of experience

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Last Updated: 13 Sep 2023

Companies similar to Mahindra Finance for Cluster Manager in Bhopal

Mahindra Finance Cluster Manager Salary

8 - 11 years exp. (4 salaries)

₹9.7 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 9 - 16 years exp. (5 salaries)	₹9.7 L/yr - ₹16 L/yr 32% more
SK Finance Limited Cluster Manager Salary 10 - 15 years exp. (3 salaries)	₹10.8 L/yr - ₹12 L/yr 16% more
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HDB Financial Services Cluster Manager Salary 16 - 20 years exp. (3 salaries)	₹15.5 L/yr - ₹22.5 L/yr 82% more
IDFC FIRST Bank Cluster Manager Salary 9 - 15 years exp. (11 salaries)	₹9 L/yr - ₹23 L/yr 53% more	1 job opening
Axis Direct Cluster Manager Salary 2 - 8 years exp. (8 salaries)	₹3.1 L/yr - ₹5 L/yr 62% less

Cluster Manager salary at Mahindra Finance ranges between ₹9.7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Cluster Manager salaries in Bhopal

Last Updated: 13 Sep 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12 L/yr
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10 years (AmbitionBox Estimate)	₹4 L/yr - ₹13.5 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹13.5 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(5 salaries)

₹5.25 L/yr - ₹9 L/yr

Relationship Manager Salary

(4 salaries)

₹3 L/yr - ₹5.5 L/yr

Business Manager Salary

(3 salaries)

₹2.5 L/yr - ₹4.93 L/yr

Branch Manager Salary

(3 salaries)

₹3.5 L/yr - ₹6.11 L/yr

Top skills at Mahindra Finance for Cluster Manager

Team Handling Problem Solving Leadership Skills Time Management Resource management Sales

Salary related reviews for Mahindra Finance

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Dislikes

So far no issues.

Area Business Manager in Lucknow

Full Time

Sales & Business Development Department

3.0

• posted on 27 Jan 2024

4.0

for Salary and Benefits

Likes

Job security Not much of work load Salary and incentives are good

Dislikes

Lots of work pressure Unrealistic targets and undue pressure to achieve Partiality to get growth Partiality from top management for growth in position Uneducated and incapable top management are placed and they put undue pressure to down the line staff Top management puts entire workload on Staff even daily reports are to be prepared by someone in team

Area Business Manager in Pondicherry / Puducherry

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

The company is good company where you can learn about business and collection. Employees are friendly and you will get good salary and hike. Only problem is work life balance which you can't handle well when you work in MMFSL

Dislikes

Work life balance

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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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Mahindra Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Mahindra Finance Bhopal?

Cluster Manager salary at Mahindra Finance in Bhopal ranges between ₹9.7 Lakhs to ₹13.5 Lakhs for experience between 8 years to 11 years. According to our estimates it is 5% more than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance Bhopal.

How does the salary of a Cluster Manager at Mahindra Finance Bhopal compare with the average salary range for this job?

The average salary of a Cluster Manager at Mahindra Finance is 5% more than the average salary of a Cluster Manager in Bhopal. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at Mahindra Finance?

Team Handling, Problem Solving, Leadership Skills, Time Management and Resource management are some of the popular skills required to work as a Cluster Manager at Mahindra Finance Bhopal.

Which similar companies are paying more than Mahindra Finance to a Cluster Manager in Bhopal?

HDB Financial Services Cluster Manager Salary - ₹15.5 Lakhs to ₹22.5 Lakhs per year
IDFC FIRST Bank Cluster Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹9.7 Lakhs to ₹16.0 Lakhs per year
SK Finance Limited Cluster Manager Salary - ₹10.8 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Mahindra Finance in Bhopal?

Axis Direct Cluster Manager Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager at Mahindra Finance in Bhopal?

The estimated take-home salary of a Cluster Manager at Mahindra Finance ranges between ₹72,389 per month to ₹74,256 per month in Bhopal. The take-home salary calculation is based on the average Mahindra Finance Cluster Manager salary in India which ranges between ₹9.7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Mahindra Finance in Bhopal?

According to AmbitionBox, 100% of the Mahindra Finance Cluster Managers in Bhopal reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra Finance Cluster Manager Salaries in Bhopal

Mahindra Finance Cluster Manager salary in Bhopal ranges between ₹9.7 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.