Manappuram Finance Cluster Manager Salaries by 4 Employees (Updated 2025)

14 - 16 years exp.

₹6.6 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

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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)	Unlock ₹8.5 L/yr - ₹10.4 L/yr
Marketing & Communication Cluster Manager Salary 16 years exp. (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.3 L/yr
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Sales & Business Development Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹9.4 L/yr
Strategic & Top Management Cluster Manager Salary 14 years exp. (AmbitionBox Estimate)	Unlock ₹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
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (144 salaries)	Unlock ₹4 L/yr - ₹10.6 L/yr 14% less	3 job openings
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (275 salaries)	Unlock ₹8 L/yr - ₹29.5 L/yr 138% more	107 job openings
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HDFC Bank Cluster Manager Salary 5 - 17 years exp. (25 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 31% more
ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	Unlock ₹6 L/yr - ₹25 L/yr 76% more
Axis Bank Cluster Manager Salary 5 - 17 years exp. (78 salaries)	Unlock ₹4.7 L/yr - ₹15.5 L/yr 28% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	Unlock ₹3.9 L/yr - ₹16.2 L/yr 16% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	Unlock ₹6.5 L/yr - ₹15.5 L/yr 49% more
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (164 salaries)	Unlock ₹5 L/yr - ₹14 L/yr At par
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (242 salaries)	Unlock ₹9.5 L/yr - ₹26 L/yr 116% more	4 job openings
SMFG India Credit Cluster Manager Salary 8 - 19 years exp. (72 salaries)	Unlock ₹5 L/yr - ₹21 L/yr 47% more
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	Unlock ₹5.3 L/yr - ₹8.4 L/yr 17% less
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Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 26% more
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	Unlock ₹6.5 L/yr - ₹11.5 L/yr 21% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	Unlock ₹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)	Unlock ₹5.8 L/yr - ₹15 L/yr 28% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	Unlock ₹5.2 L/yr - ₹10.5 L/yr 17% less	2 job openings
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	Unlock ₹4.2 L/yr - ₹8.1 L/yr 22% less
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	Unlock ₹12 L/yr - ₹21.5 L/yr 88% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	Unlock ₹3.4 L/yr - ₹11 L/yr 15% less
Aavas Financiers Cluster Manager Salary 7 - 15 years exp. (6 salaries)	Unlock ₹7 L/yr - ₹13 L/yr 7% more

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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)	Unlock ₹8 L/yr - ₹10.2 L/yr
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15+ years (AmbitionBox Estimate)	Unlock ₹6.8 L/yr - ₹8.7 L/yr

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Area Sales Manager Salary

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(AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr

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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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

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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Manappuram Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Manappuram Finance?

Cluster Manager salary at Manappuram Finance in India ranges between ₹6.6 Lakhs to ₹9.5 Lakhs for experience between 14 years to 16 years. According to our estimates it is 11% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance India.

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

The average salary of a Cluster Manager at Manappuram Finance is 11% 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 Manappuram 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 Manappuram 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
HDFC Bank Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
SK Finance Limited Cluster Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year

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 ranges between ₹60,336 per month to ₹61,862 per month in India. The take-home salary calculation is based on the average Manappuram Finance Cluster Manager salary in India which ranges between ₹6.6 Lakhs to ₹9.5 Lakhs per year for employees with experience between 14 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Manappuram Finance Cluster Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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.