Midland Microfin Limited Senior Cluster Manager Salaries by 6 Employees (Updated 2025)

11 - 16 years exp.

₹7.5 Lakhs - ₹7.8 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Senior Cluster Manager Salary in NBFC Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Cluster Manager Salary 11 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹7.8 L/yr
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Sales & Business Development Senior Cluster Manager Salary 13 - 16 years exp. (3 salaries)	₹6.9 L/yr - ₹8.5 L/yr

Last Updated: 10 Mar 2024

Companies similar to Midland Microfin Limited for Senior Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Senior Cluster Manager Salary 0 - 3 years exp. (10 salaries)	₹7.2 L/yr - ₹9.5 L/yr 4% more
Equitas Small Finance Bank Senior Cluster Manager Salary 13 - 27 years exp. (4 salaries)	₹2 L/yr - ₹9.1 L/yr 39% less
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Spandana Sphoorty Financial Senior Cluster Manager Salary 10 - 17 years exp. (10 salaries)	₹4.4 L/yr - ₹9 L/yr 4% more
Bajaj Housing Finance Senior Cluster Manager Salary 9 - 14 years exp. (5 salaries)	₹16.7 L/yr - ₹21.5 L/yr 177% more
Bajaj Allianz Life Insurance Senior Cluster Manager Salary 7 - 19 years exp. (223 salaries)	₹6.5 L/yr - ₹15.1 L/yr 46% more

Senior Cluster Manager salary at Midland Microfin Limited ranges between ₹7.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Midland Microfin Limited.

Experience wise Midland Microfin Limited Senior Cluster Manager salaries

Last Updated: 10 Mar 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.8 L/yr
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13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹13.9 L/yr
14 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.7 L/yr
15+ years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.7 L/yr

Similar Designation salaries in Midland Microfin Limited

Cluster Manager Salary

(24 salaries)

₹3.5 L/yr - ₹6.53 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Deputy Manager Salary

(14 salaries)

₹5.15 L/yr - ₹11 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Area Manager Salary

(4 salaries)

₹3.75 L/yr - ₹5.5 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Cluster Head Salary

(3 salaries)

₹5.8 L/yr - ₹9 L/yr

Branch Manager Salary

(29 salaries)

₹1.95 L/yr - ₹5.23 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Sales Officer Salary

(3 salaries)

₹1.5 L/yr - ₹3.15 L/yr

Salary related reviews for Midland Microfin Limited

4.0

Rated by 1 employees for salary & benefits

Management Associate in Jalandhar

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.

Job security - Poor

+1 more

Deputy Vice in Jalandhar

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

Salary - Excellent

+6 more

Dislikes

HR Executive in Noida

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,

Salary - Good

+6 more

Dislikes

Salary of HR’s are comparatively less than others.

Branch Credit And Risk Manager in Raikot

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.

Salary - Excellent

+6 more

Assistant Manager Finance & Accounts in Jalandhar

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.

Salary - Excellent

+6 more

Dislikes

Three months notice period.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Midland Microfin Limited Senior Cluster Manager Salary FAQs

What is the salary of Senior Cluster Manager at Midland Microfin Limited?

Senior Cluster Manager salary at Midland Microfin Limited in India ranges between ₹7.5 Lakhs to ₹7.8 Lakhs for experience between 11 years to 16 years. According to our estimates it is 46% less than the average Senior Cluster Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Midland Microfin Limited India.

How does the salary of a Senior Cluster Manager at Midland Microfin Limited India compare with the average salary range for this job?

The average salary of a Senior Cluster Manager at Midland Microfin Limited is 46% less than the average salary of a Senior Cluster Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Midland Microfin Limited to a Senior Cluster Manager in India?

Bajaj Housing Finance Senior Cluster Manager Salary - ₹16.7 Lakhs to ₹21.5 Lakhs per year
Bajaj Allianz Life Insurance Senior Cluster Manager Salary - ₹6.5 Lakhs to ₹15.1 Lakhs per year
Spandana Sphoorty Financial Senior Cluster Manager Salary - ₹4.4 Lakhs to ₹9.0 Lakhs per year
Bharat Financial Inclusion Senior Cluster Manager Salary - ₹7.2 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Senior Cluster Manager in companies similar to Midland Microfin Limited in India?

Equitas Small Finance Bank Senior Cluster Manager Salary - ₹2.0 Lakhs to ₹9.1 Lakhs per year

What is the estimated take home salary of a Senior Cluster Manager at Midland Microfin Limited in India?

The estimated take-home salary of a Senior Cluster Manager at Midland Microfin Limited ranges between ₹57,010 per month to ₹58,442 per month in India. The take-home salary calculation is based on the average Midland Microfin Limited Senior Cluster Manager salary in India which ranges between ₹7.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 11 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Senior Cluster Manager at Midland Microfin Limited?

According to AmbitionBox, 50% of the Midland Microfin Limited Senior Cluster Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Midland Microfin Limited Senior Cluster Manager Salaries

Midland Microfin Limited Senior Cluster Manager salary in India ranges between ₹7.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.