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Midland Microfin Limited Cluster Manager salaries in India (Updated 2025)

Annual salary range
1 - 12 years exp.
₹3.5 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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46% less than the average Cluster Manager Salary in NBFC Companies for 1 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Cluster Manager Salary
4 - 11 years exp. (11 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Cluster Manager Salary
5 - 7 years exp. (3 salaries)
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₹4.9 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Cluster Manager Salary
1 - 5 years exp. (3 salaries)
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₹4.5 L/yr - ₹5.5 L/yr

Finance & Accounting
Cluster Manager Salary
7 - 12 years exp. (3 salaries)
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₹3.8 L/yr - ₹5.6 L/yr

Last Updated: 30 Jan 2025

Companies similar to Midland Microfin Limited for Cluster Manager

Company name Avg Annual Salary Open Jobs
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Bandhan Bank Cluster Manager Salary

5 - 11 years exp. (11 salaries)

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₹2.8 L/yr - ₹10 L/yr

arrow icon 4% more
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₹5.2 L/yr - ₹8 L/yr

arrow icon 33% more
5 job openings
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₹5.3 L/yr - ₹8.4 L/yr

arrow icon 35% more
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Jana Small Finance Bank Cluster Manager Salary

5 - 15 years exp. (16 salaries)

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₹5.9 L/yr - ₹14 L/yr

arrow icon 92% more
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₹5 L/yr - ₹10.5 L/yr

arrow icon 48% more
1 job opening
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₹8.1 L/yr - ₹14 L/yr

arrow icon 107% more
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₹3.2 L/yr - ₹7.2 L/yr

arrow icon 7% more
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CreditAccess Grameen Cluster Manager Salary

7 - 17 years exp. (6 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 31% less
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Hero FinCorp Cluster Manager Salary

13 - 23 years exp. (80 salaries)

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₹8.4 L/yr - ₹27.5 L/yr

arrow icon 227% more
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Bajaj Housing Finance Cluster Manager Salary

5 - 15 years exp. (48 salaries)

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₹10 L/yr - ₹23.5 L/yr

arrow icon 249% more
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Kotak Mahindra Prime Cluster Manager Salary

7 - 17 years exp. (19 salaries)

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₹6.5 L/yr - ₹11.5 L/yr

arrow icon 100% more
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Home Credit Finance Cluster Manager Salary

6 - 16 years exp. (20 salaries)

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₹4.1 L/yr - ₹9 L/yr

arrow icon 21% more
2 job openings
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₹6.5 L/yr - ₹10.5 L/yr

arrow icon 70% more
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₹9.3 L/yr - ₹11 L/yr

arrow icon 95% more
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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 39% less
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Vistaar Finance Cluster Manager Salary

10 - 16 years exp. (5 salaries)

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₹7 L/yr - ₹11.8 L/yr

arrow icon 77% more
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Ugro Capital Cluster Manager Salary

9 - 15 years exp. (5 salaries)

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₹6.7 L/yr - ₹12.8 L/yr

arrow icon 98% more
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 4% more
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₹7 L/yr - ₹12.3 L/yr

arrow icon 106% more
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PNB Housing Finance Cluster Manager Salary

8 - 15 years exp. (5 salaries)

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₹5 L/yr - ₹17.3 L/yr

arrow icon 137% more
View all
Cluster Manager salary at Midland Microfin Limited ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 24 latest salaries received from various employees of Midland Microfin Limited.

Latest annual salaries shared by Midland Microfin Limited Cluster Manager

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12 years exp.
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Experience wise Midland Microfin Limited Cluster Manager salaries

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.9 L/yr
5 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in Midland Microfin Limited

Cluster Head Salary
(3 salaries)
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₹5.8 L/yr - ₹9 L/yr
Area Manager Salary
(4 salaries)
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₹3.75 L/yr - ₹5.5 L/yr
Deputy Manager Salary
(14 salaries)
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₹5.15 L/yr - ₹11 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Branch Manager Salary
(30 salaries)
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₹1.95 L/yr - ₹5.23 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Sales Officer Salary
(3 salaries)
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₹1.5 L/yr - ₹3.15 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
Senior Sales Officer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Salary related reviews for Midland Microfin Limited

3.4

Rated by 12 employees for salary & benefits

Intern

 · 

Human Resources Department

5.0
  •  posted on 14 Jul 2024

4.0
 for  Salary and Benefits

Likes

Senior management is very helpful, company culture is good and lively, no discrimination among genders, equal opportunities for all, office timings are perfect,

read more
  • Salary - Good
  • +6 more

Dislikes

Salary of HR’s are comparatively less than others.

Other Department

5.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

...gement is transparent. 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.

read more
  • Salary - Excellent
  • +6 more

Finance & Accounting Department

5.0
  •  posted on 09 Apr 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. 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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Three months notice period.

Banking Department

5.0
  •  posted on 02 Apr 2021

4.0
 for  Salary and Benefits

Likes

...gement is transparent. 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.

read more
  • Salary - Good
  • +6 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.

read more

Full Time

 · 

Other Department

1.0
  •  posted on 25 Oct 2024

2.0
 for  Salary and Benefits

Likes

Nothing to like there

Dislikes

Everything, they just tricking their employees, too much micro management their, management doesn't know how to behave professionally, working in midland like working under a lala company where only leader and his chaatu employees are getting good growth.

read more
  • Salary - Poor
  • +6 more
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Midland Microfin Limited Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Midland Microfin Limited ?
The average salary of a Cluster Manager at Midland Microfin Limited in India typically ranges from ₹3.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Cluster Manager at Midland Microfin Limited earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Cluster Manager Salaries at Midland Microfin Limited 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 20+ Midland Microfin Limited employees in India.
What is the estimated take home salary of a Cluster Manager at Midland Microfin Limited in India?
The estimated take-home salary of a Cluster Manager at Midland Microfin Limited in India typically ranges from ₹37,347 to ₹38,552 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 12 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 20+ salaries received from various employees of Midland Microfin Limited. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Midland Microfin Limited for Cluster Manager in India?
Bajaj Housing Finance ₹10.0 Lakhs to ₹23.5 Lakhs per year
Hero FinCorp ₹8.4 Lakhs to ₹27.5 Lakhs per year
InCred Finance ₹9.3 Lakhs to ₹16.0 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

These companies are known for offering competitive compensation packages that can exceed the salary offered by Midland Microfin Limited, depending on the role and experience level.
What is the salary of a Cluster Manager in companies similar to Midland Microfin Limited in India?
The salary of a Cluster Manager at companies similar to Midland Microfin Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank ₹8.1 Lakhs to ₹14.0 Lakhs per year
India Shelter Finance Corporation ₹7.0 Lakhs to ₹12.3 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
Aptus Value Housing Finance India ₹9.3 Lakhs to ₹11.0 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 Midland Microfin Limited in India?
The salary growth for a Cluster Manager at Midland Microfin Limited depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at Midland Microfin Limited:

Experience Average Salary Range
1 year ₹4.5 Lakhs to ₹5.5 Lakhs per year
2 years ₹2.0 Lakhs to ₹5.4 Lakhs per year
3 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
4 years ₹3.5 Lakhs to ₹8.9 Lakhs per year
and so on.

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Midland Microfin Limited Cluster Manager salary in India ranges between ₹3.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.