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Midland Microfin Limited Cluster Manager salaries in India

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 97% more
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₹5 L/yr - ₹10.2 L/yr

arrow icon 49% more
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₹8.1 L/yr - ₹35 L/yr

arrow icon 237% more
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₹3.2 L/yr - ₹7.2 L/yr

arrow icon 8% 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

10 - 20 years exp. (80 salaries)

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₹7.5 L/yr - ₹27 L/yr

arrow icon 231% more
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Bajaj Housing Finance Cluster Manager Salary

5 - 15 years exp. (45 salaries)

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₹10 L/yr - ₹23.5 L/yr

arrow icon 253% more
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Finova Capital Cluster Manager Salary

5 - 14 years exp. (26 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 36% more
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Home Credit Finance Cluster Manager Salary

6 - 15 years exp. (19 salaries)

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₹4.1 L/yr - ₹9 L/yr

arrow icon 24% more
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Kotak Mahindra Prime Cluster Manager Salary

7 - 17 years exp. (18 salaries)

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₹6.5 L/yr - ₹11.5 L/yr

arrow icon 89% more
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₹6.5 L/yr - ₹10.5 L/yr

arrow icon 70% 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 - ₹5.5 L/yr

arrow icon 11% less
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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

7 - 15 years exp. (4 salaries)

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₹4.1 L/yr - ₹12.7 L/yr

arrow icon 48% 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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5 years exp.

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
(29 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

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 04 Oct 2023

3.0
 for  Salary and Benefits

Likes

That you can directly approach to the senior management and they are very accessible.

  • Company culture - Good

Dislikes

No leaves, no overtime pay, very strict in leaves , not even giving second Saturday off which is mandatory , that leads to employee burnout and ultimately the resignation .Can create a much better leave structure for mental well being of client.

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 31 Oct 2023

5.0
 for  Salary and Benefits

Likes

... system to the customers and employees Friendly loan products to the customers Salary and other benefits to the employees Annually and half yearly Appraisals and promotions Personal and professionally development and learning Company culture and work satisfaction Job security Company infrastructure at the branches

read more
  • Salary - Excellent
  • +6 more

Dislikes

No

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.

see more salary related reviews

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Midland Microfin Limited Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Midland Microfin Limited?
Cluster Manager salary at Midland Microfin Limited in India ranges between ₹3.5 Lakhs to ₹6.5 Lakhs for experience between 1 years to 12 years. According to our estimates it is 46% less than the average Cluster Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Midland Microfin Limited India.
How does the salary of a Cluster Manager at Midland Microfin Limited India compare with the average salary range for this job?
The average salary of a Cluster Manager at Midland Microfin Limited is 46% 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 Midland Microfin Limited to a Cluster Manager in India?
  • Bajaj Housing Finance Cluster Manager Salary - ₹10.0 Lakhs to ₹23.5 Lakhs per year
  • Utkarsh Small Finance Bank Cluster Manager Salary - ₹8.1 Lakhs to ₹35.0 Lakhs per year
  • Hero FinCorp Cluster Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
  • InCred Finance Cluster Manager Salary - ₹9.3 Lakhs to ₹16.0 Lakhs per year
  • Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Midland Microfin Limited in India?
  • India Shelter Finance Corporation Cluster Manager Salary - ₹7.0 Lakhs to ₹12.3 Lakhs per year
  • Ugro Capital Cluster Manager Salary - ₹6.7 Lakhs to ₹12.8 Lakhs per year
  • Jana Small Finance Bank Cluster Manager Salary - ₹5.9 Lakhs to ₹14.0 Lakhs per year
  • Kotak Mahindra Prime Cluster Manager Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year
  • Vistaar Finance Cluster Manager Salary - ₹7.0 Lakhs to ₹11.8 Lakhs per year
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 ranges between ₹37,347 per month to ₹38,552 per month in India. The take-home salary calculation is based on the average Midland Microfin Limited Cluster Manager salary in India which ranges between ₹3.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Midland Microfin Limited?
According to AmbitionBox, 56% of the Midland Microfin Limited Cluster Managers reported a notice period of 3 Months, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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.