Manappuram Finance Cluster Manager Salaries by 4 Employees

14 - 16 years exp.

₹6.6 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Cluster Manager Salary in NBFC Companies for 14 - 16 years of experience

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Salaries in different departments

Finance & Accounting Cluster Manager Salary 14 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.4 L/yr
Marketing & Communication Cluster Manager Salary 16 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.3 L/yr
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Sales & Business Development Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr
Strategic & Top Management Cluster Manager Salary 14 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.1 L/yr

Last Updated: 14 Sep 2024

Companies similar to Manappuram 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 133% more	108 job openings
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (232 salaries)	₹9.5 L/yr - ₹25 L/yr 111% more	6 job openings
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Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (145 salaries)	₹4 L/yr - ₹10.6 L/yr 15% less	3 job openings
Spandana Sphoorty Financial Cluster Manager Salary 0 - 10 years exp. (75 salaries)	₹3.2 L/yr - ₹7.2 L/yr 35% less
SMFG India Credit Cluster Manager Salary 7 - 19 years exp. (75 salaries)	₹5 L/yr - ₹21 L/yr 44% more
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	₹5.3 L/yr - ₹8.4 L/yr 18% less
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 26% more
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 21% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	₹3.7 L/yr - ₹7.5 L/yr 26% less	1 job opening
SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹5.8 L/yr - ₹15 L/yr 28% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 19% less
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L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 22% less
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	₹12 L/yr - ₹21.5 L/yr 88% more
Asirvad Microfinance Cluster Manager Salary 12 - 17 years exp. (6 salaries)	₹7 L/yr - ₹10 L/yr 12% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 15% less
Ess Kay Fincorp Cluster Manager Salary 8 - 13 years exp. (6 salaries)	₹6.2 L/yr - ₹10.4 L/yr 3% less
Aavas Financiers Cluster Manager Salary 7 - 15 years exp. (6 salaries)	₹7 L/yr - ₹13 L/yr 7% more
CreditAccess Grameen Cluster Manager Salary 7 - 17 years exp. (6 salaries)	₹2.2 L/yr - ₹4.3 L/yr 58% less
Capri Global Capital Cluster Manager Salary 14 - 17 years exp. (5 salaries)	₹11 L/yr - ₹17.5 L/yr 84% more
PNB Housing Finance Cluster Manager Salary 8 - 15 years exp. (5 salaries)	₹5 L/yr - ₹17.3 L/yr 44% more

View all

Cluster Manager salary at Manappuram Finance ranges between ₹6.6 Lakhs to ₹9.5 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Cluster Manager salaries

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
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15+ years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

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Area Sales Manager Salary

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Relationship Manager Salary

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Salary related reviews for Manappuram Finance

3.0

Rated by 1 employees for salary & benefits

Sales Executive (working remotely)

Full Time

Sports, Fitness & Personal Care Department

1.0

• posted on 07 Oct 2023

2.0

for Salary and Benefits

Likes

I don't like this company

Dislikes

Very worst this company not informed work transfer properly and salary properly not credited in employee account workers not supported in Manappuram company overall this company waste

Salary - Poor

+6 more

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.

Job security - Good

+1 more

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.

Salary - Excellent

+3 more

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.

Job security - Good

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.

Salary - Bad

+5 more

Team Lead in Cuttack

Finance & Accounting Department

5.0

• posted on 08 Nov 2020

4.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management in transparent.AThere is a huge cafeteria and gaming arcade for company Policies are good. Appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is nothing to dislike

see more salary related reviews

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Top trending discussions

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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.

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Manappuram Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Manappuram Finance ?

The average salary of a Cluster Manager at Manappuram Finance in India typically ranges from ₹6.6 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of Cluster Manager at Manappuram Finance earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Cluster Manager Salaries at Manappuram 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 4 Manappuram Finance employees in India.

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

The estimated take-home salary of a Cluster Manager at Manappuram Finance in India typically ranges from ₹60,336 to ₹61,862 per month. This is based on the average salary range of ₹6.6 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 14 years to 16 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 4 salaries received from various employees of Manappuram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Manappuram 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
Tata Capital Housing Finance	₹7.3 Lakhs to ₹17.7 Lakhs per year

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

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

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

PNB Housing Finance	₹5.0 Lakhs to ₹17.3 Lakhs per year
SMFG India Credit	₹5.0 Lakhs to ₹21.0 Lakhs per year
SK Finance Limited	₹5.8 Lakhs to ₹15.0 Lakhs per year
LendingKart	₹5.5 Lakhs to ₹16.5 Lakhs per year
Mahindra Finance	₹6.5 Lakhs to ₹16.0 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 Manappuram Finance in India?

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

Experience	Average Salary Range
14 years	₹8.0 Lakhs to ₹10.2 Lakhs per year
15 years	₹6.8 Lakhs to ₹8.7 Lakhs per year

and so on.

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Manappuram Finance Cluster Manager Salaries

Manappuram Finance Cluster Manager salary in India ranges between ₹6.6 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.