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Midland Microfin Limited Senior Cluster Manager salaries in India

Annual salary range
6 - 16 years exp.
₹5.2 Lakhs - ₹7.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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52% less than the average Senior Cluster Manager Salary in NBFC Companies for 6 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Cluster Manager Salary
6 - 12 years exp. (4 salaries)
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₹5.2 L/yr - ₹7.8 L/yr

Sales & Business Development
Senior Cluster Manager Salary
13 - 16 years exp. (3 salaries)
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₹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
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₹16.7 L/yr - ₹21.5 L/yr

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₹7 L/yr - ₹15.1 L/yr

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Bajaj Finance Senior Cluster Manager Salary

6 - 17 years exp. (196 salaries)

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₹13 L/yr - ₹33 L/yr

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1 job opening
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Bajaj Finserv Senior Cluster Manager Salary

6 - 18 years exp. (161 salaries)

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₹12.9 L/yr - ₹33 L/yr

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₹9.1 L/yr - ₹16.8 L/yr

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Senior Cluster Manager salary at Midland Microfin Limited ranges between ₹5.2 Lakhs to ₹7.8 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Midland Microfin Limited.

Latest annual salaries shared by Midland Microfin Limited Senior Cluster Manager

1y ago
₹7.7 Lakhs
16 years exp.
1y ago
₹7.5 Lakhs
12 years exp.

Experience wise Midland Microfin Limited Senior Cluster Manager salaries

Last Updated: 10 Mar 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹10.4 L/yr
7 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
View all

Similar Designation salaries in Midland Microfin Limited

Cluster Manager Salary
(24 salaries)
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₹3.5 L/yr - ₹6.53 L/yr
Senior Sales Officer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 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
Area Manager Salary
(4 salaries)
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₹3.75 L/yr - ₹5.5 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Cluster Head Salary
(3 salaries)
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₹5.8 L/yr - ₹9 L/yr
Branch Manager Salary
(30 salaries)
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₹1.95 L/yr - ₹5.23 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Sales Officer Salary
(3 salaries)
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₹1.5 L/yr - ₹3.15 L/yr

Salary related reviews for Midland Microfin Limited

4.0

Rated by 1 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 Senior Cluster Manager Salary FAQs

What is the salary of Senior Cluster Manager at Midland Microfin Limited ?
The average salary of a Senior Cluster Manager at Midland Microfin Limited in India typically ranges from ₹5.2 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Senior Cluster Manager at Midland Microfin Limited earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Senior 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 7 Midland Microfin Limited employees in India.
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 in India typically ranges from ₹52,351 to ₹53,652 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 6 years to 16 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 7 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 Senior Cluster Manager in India?
Bajaj Finserv ₹12.9 Lakhs to ₹33.0 Lakhs per year
Bajaj Finance ₹13.0 Lakhs to ₹33.0 Lakhs per year
Bajaj Housing Finance ₹16.7 Lakhs to ₹21.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹9.1 Lakhs to ₹16.8 Lakhs per year
Bajaj Allianz Life Insurance ₹7.0 Lakhs to ₹15.1 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.
How the salary growth look like for a Senior Cluster Manager at Midland Microfin Limited in India?
The salary growth for a Senior Cluster Manager at Midland Microfin Limited depends on factors such as experience, performance, and promotions. On average, a Senior Cluster Manager can expect the following growth trajectory at Midland Microfin Limited:

Experience Average Salary Range
6 years ₹5.2 Lakhs to ₹10.4 Lakhs per year
7 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
8 years ₹5.7 Lakhs to ₹7.2 Lakhs per year
9 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
and so on.

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Midland Microfin Limited Senior Cluster Manager salary in India ranges between ₹5.2 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.