Manappuram Finance Cluster Credit Manager Salaries by 8 Employees (Updated 2025)

6 - 14 years exp.

₹5 Lakhs - ₹7.9 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Cluster Credit Manager Salary in NBFC Companies for 6 - 14 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Manappuram Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (16 salaries)	₹12.3 L/yr - ₹19.8 L/yr 143% more
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 2% more
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Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 11% more
Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 63% more
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 122% more
IDFC FIRST Bharat Cluster Credit Manager Salary 6 - 15 years exp. (84 salaries)	₹5.4 L/yr - ₹11.2 L/yr 44% more
SMFG India Credit Cluster Credit Manager Salary 7 - 13 years exp. (55 salaries)	₹4.6 L/yr - ₹18.5 L/yr 70% more
HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 195% more
Capri Global Capital Cluster Credit Manager Salary 5 - 13 years exp. (15 salaries)	₹11 L/yr - ₹16.7 L/yr 114% more
Muthoot Fincorp Cluster Credit Manager Salary 5 - 15 years exp. (7 salaries)	₹10 L/yr - ₹13 L/yr 76% more
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 38% more
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Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 83% more
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 7% more
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 5% more
Bharat Financial Inclusion Cluster Credit Manager Salary 0 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 2% more

Cluster Credit Manager salary at Manappuram Finance ranges between ₹5 Lakhs to ₹7.9 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Cluster Credit Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.2 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.3 L/yr
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8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.5 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹11.9 L/yr
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.9 L/yr

View all

Similar Designation salaries in Manappuram Finance

Area Credit Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Deputy Credit Manager Salary

(6 salaries)

₹4.3 L/yr - ₹6.6 L/yr

Branch Credit Manager Salary

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₹2.5 L/yr - ₹5.5 L/yr

Assistant Credit Manager Salary

(9 salaries)

₹3.1 L/yr - ₹5.5 L/yr

Regional Credit Manager Salary

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₹6.6 L/yr - ₹13 L/yr

Credit Manager Salary

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Relationship Manager Salary

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₹2.4 L/yr - ₹5 L/yr

Chief Manager Salary

(53 salaries)

₹4.5 L/yr - ₹14.88 L/yr

Credit Officer Salary

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Branch Manager Salary

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Salary related reviews for Manappuram Finance

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Yadgiri

Finance & Accounting Department

5.0

• posted on 15 Dec 2021

3.0

for Salary and Benefits

Likes

It's a good company good incentive given and salary given and every year bonus also given.

Dislikes

It's very toff to new joining employees because there is no training to employees all training BH given to employees and any issue is there not solved immediately.

Branch Manager in Ahmedabad

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...anagement is politics. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Branch Manager in Bangalore / Bengaluru

Gold department Department

3.0

• posted on 15 May 2021

1.0

for Salary and Benefits

Likes

worked as assistant branch manager, good environment with staff.

Dislikes

Taking risks and also a Less salary only 10k in hand and almost salary is deducted. And their is no incentive and no holidays even in festivals like ramzan , dewali branch must be open and no timing rules need work from 9.30 to 8pm . And also no compensation for petrol allowence . Please don't join to this company never ever.

Branch Manager in Solapur

BFSI, Investments & Trading Department

2.0

• posted on 08 Feb 2019

3.0

for Salary and Benefits

Likes

Leave facilities with compensation, Trainings and demos, Salary is average level but not so poor, Fast growth as in designation.

Dislikes

No job security, politics, no innovations and motivations, Not proper official culture.

Credit Manager in Thrissur

BFSI, Investments & Trading Department

1.0

• posted on 27 Mar 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Company is running like a proprietary concern. No job security and your salary can be on hold anytime for no reason. No proper product policy, process flow related to work. You can be transferred to any part of India anytime without proper notice. Major part of the salary will be taken back by company itself in the form of panality. Employees are not even allowed to raise complaints regarding any of these issues.

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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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Manappuram Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Manappuram Finance?

Cluster Credit Manager salary at Manappuram Finance in India ranges between ₹5.0 Lakhs to ₹7.9 Lakhs for experience between 6 years to 14 years. According to our estimates it is 37% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Manappuram Finance India.

How does the salary of a Cluster Credit Manager at Manappuram Finance India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at Manappuram Finance is 37% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Manappuram Finance to a Cluster Credit Manager in India?

HDB Financial Services Cluster Credit Manager Salary - ₹11.9 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹19.8 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year
Capri Global Capital Cluster Credit Manager Salary - ₹11.0 Lakhs to ₹16.7 Lakhs per year
Kotak Mahindra Prime Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Cluster Credit Manager in companies similar to Manappuram Finance in India?

Muthoot Fincorp Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year
SMFG India Credit Cluster Credit Manager Salary - ₹4.6 Lakhs to ₹18.5 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year
IDFC FIRST Bharat Cluster Credit Manager Salary - ₹5.4 Lakhs to ₹11.2 Lakhs per year
Mahindra Finance Cluster Credit Manager Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Cluster Credit Manager at Manappuram Finance in India?

The estimated take-home salary of a Cluster Credit Manager at Manappuram Finance ranges between ₹48,991 per month to ₹50,149 per month in India. The take-home salary calculation is based on the average Manappuram Finance Cluster Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹7.9 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at Manappuram Finance?

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

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Manappuram Finance Cluster Credit Manager Salaries

Manappuram Finance Cluster Credit Manager salary in India ranges between ₹5 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Manappuram Finance latest salaries received from various employees of Manappuram Finance.