Maxvalue Credits & Investments Cluster Manager Salaries by 4 Employees

6 - 9 years exp.

₹2.5 Lakhs - ₹3.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

68% less than the average Cluster Manager Salary in NBFC Companies for 6 - 9 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 7 - 9 years exp. (3 salaries)	₹2.7 L/yr - ₹3.1 L/yr
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Finance & Accounting Cluster Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to Maxvalue Credits & Investments for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 234% more
Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (13 salaries)	₹6.5 L/yr - ₹10.5 L/yr 183% more
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Vedika Credit Capital Cluster Manager Salary 6 - 13 years exp. (7 salaries)	₹4 L/yr - ₹5.1 L/yr 61% more
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	₹12 L/yr - ₹21.5 L/yr 417% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 134% more
Nabard Financial Services Cluster Manager Salary 10 - 19 years exp. (6 salaries)	₹5.8 L/yr - ₹6.5 L/yr 111% more
Ess Kay Fincorp Cluster Manager Salary 8 - 13 years exp. (6 salaries)	₹6.2 L/yr - ₹10.4 L/yr 166% more
Aavas Financiers Cluster Manager Salary 11 - 15 years exp. (5 salaries)	₹7.7 L/yr - ₹15.5 L/yr 276% more
Capri Global Capital Cluster Manager Salary 14 - 17 years exp. (5 salaries)	₹11 L/yr - ₹17.5 L/yr 405% more
PNB Housing Finance Cluster Manager Salary 8 - 15 years exp. (5 salaries)	₹5 L/yr - ₹17.3 L/yr 296% more
Ugro Capital Cluster Manager Salary 9 - 15 years exp. (5 salaries)	₹6.7 L/yr - ₹12.8 L/yr 231% more
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LendingKart Cluster Manager Salary 8 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹16.5 L/yr 252% more
Capital Trust Cluster Manager Salary 6 - 13 years exp. (4 salaries)	₹5.2 L/yr - ₹9 L/yr 116% more
IKF Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9 L/yr - ₹11.4 L/yr 259% more
Tata Capital Housing Finance Cluster Manager Salary 10 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹17.7 L/yr 324% more
Sundaram Finance Cluster Manager Salary 9 - 18 years exp. (4 salaries)	₹6 L/yr - ₹13.7 L/yr 160% more
Sammaan Capital Limited Cluster Manager Salary 8 - 12 years exp. (3 salaries)	₹5 L/yr - ₹10.4 L/yr 166% more

Cluster Manager salary at Maxvalue Credits & Investments ranges between ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Maxvalue Credits & Investments.

Experience wise Maxvalue Credits & Investments Cluster Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.3 L/yr
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8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr

Similar Designation salaries in Maxvalue Credits & Investments

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₹3 L/yr - ₹5 L/yr

Deputy Manager Salary

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₹3 L/yr - ₹4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Branch Manager Salary

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₹2 L/yr - ₹4 L/yr

Territory Manager Salary

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₹2.5 L/yr - ₹4.6 L/yr

Area Sales Manager Salary

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₹3 L/yr - ₹5.4 L/yr

Sales Officer Salary

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₹1.8 L/yr - ₹2.4 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Sales Executive Salary

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₹1.5 L/yr - ₹2.5 L/yr

Territory Sales Manager Salary

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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Maxvalue Credits & Investments

4.6

Rated by 3 employees for salary & benefits

Junior Manager in Thrissur

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 04 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...lowns at management who doesn't care about employees worst company to work with Most positive reviews here are done by the employees itself ( its a task given to them ) , first give them salary then they will write good review from heart , now only review will be there Only one recommendation to management is get lost

Salary - Bad

+6 more

Customer Relationship Executive in Thiruvananthapuram

General Department

1.0

• posted on 09 Mar 2022

1.0

for Salary and Benefits

Likes

...rketing field and when I was out for field work I couldn't return back for work. That day my salary was cut. Another day there was an employee shortage nearby branch. And that day the branch manager said me to go over there. I reported to the branch. And that day my attendance was cut. After one month I decided to leave organization. I was left with sleepless nights, night trauma, tension and headaches. At last my mother came into the organization and spoke about this and helped me to get out of this organization.

Dislikes

Dont expect anything...…heavens sake Cons Low salary No job security( if you have no deposits you will b thrown out) 0 Job Satisfaction No employee benefits Pros Tension Headaches Night trauma sleeplessness Fear and anxiety

Salary - Bad

+6 more

Operations Executive in Alleppey

Customer Success, Service & Operations Department

5.0

• posted on 15 Dec 2020

4.0

for Salary and Benefits

Likes

...s are good and appraisals are given yearly on the basis of join date ,and fair.. Also at the time of country wide lockdown, company gave the full salary to it's all levels of employees.

Salary - Good

+6 more

Dislikes

Salary id decent but career growth is slow

Counter Sales Executive in Kannur

Finance & Accounting Department

4.0

• posted on 26 Apr 2022

4.0

for Salary and Benefits

Likes

...vironment and culture good and supportive management. Company policies are good.appraisal are good salary for the employees

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issues .

Regional Manager in Mysuru / Mysore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 17 Nov 2024

4.0

for Salary and Benefits

Likes

Company working culture is Good Systems and procedures are the best IT system is good Branch/office Infrastructure and ambience are the best

Salary - Good

+6 more

Dislikes

Needs corporate marketing and business promotional activities apart from Branch Marketing activities.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Maxvalue Credits & Investments Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Maxvalue Credits & Investments ?

The average salary of a Cluster Manager at Maxvalue Credits & Investments in India typically ranges from ₹2.5 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Cluster Manager at Maxvalue Credits & Investments earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Cluster Manager Salaries at Maxvalue Credits & Investments 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 Maxvalue Credits & Investments employees in India.

What is the estimated take home salary of a Cluster Manager at Maxvalue Credits & Investments in India?

The estimated take-home salary of a Cluster Manager at Maxvalue Credits & Investments in India typically ranges from ₹21,326 to ₹22,969 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 6 years to 9 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 Maxvalue Credits & Investments. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Maxvalue Credits & Investments for Cluster Manager in India?

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
PNB Housing Finance	₹5.0 Lakhs to ₹17.3 Lakhs per year
Aavas Financiers	₹7.7 Lakhs to ₹15.5 Lakhs per year

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

What is the salary of a Cluster Manager in companies similar to Maxvalue Credits & Investments in India?

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

IKF Finance	₹9.0 Lakhs to ₹11.4 Lakhs per year
LendingKart	₹5.5 Lakhs to ₹16.5 Lakhs per year
Kotak Mahindra Prime	₹6.5 Lakhs to ₹11.5 Lakhs per year
Ugro Capital	₹6.7 Lakhs to ₹12.8 Lakhs per year
Kogta Financial India Limited	₹6.5 Lakhs to ₹10.5 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 Maxvalue Credits & Investments in India?

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

Experience	Average Salary Range
6 years	₹2.5 Lakhs to ₹5.3 Lakhs per year
7 years	₹2.7 Lakhs to ₹5.3 Lakhs per year
8 years	₹2.9 Lakhs to ₹5.4 Lakhs per year
9 years	₹1.2 Lakhs to ₹3.1 Lakhs per year

and so on.

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Maxvalue Credits & Investments Cluster Manager Salaries

Maxvalue Credits & Investments Cluster Manager salary in India ranges between ₹2.5 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Maxvalue Credits & Investments latest salaries received from various employees of Maxvalue Credits & Investments.