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Muthoot Finance

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3.6

based on 4.8k Reviews

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Muthoot Finance Cluster Manager salaries in Chennai

Annual salary range
8 - 16 years exp.
₹4.2 Lakhs - ₹6.9 Lakhs
Salary of majority employees
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30% less than the average Cluster Manager Salary in NBFC Companies for 8 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
11 - 13 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6 L/yr

Sales & Business Development
Cluster Manager Salary
12 - 15 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7.7 L/yr

Finance & Accounting
Cluster Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹6.6 L/yr

Last Updated: 15 Feb 2024

Companies similar to Muthoot Finance for Cluster Manager in Chennai

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Muthoot Finance Cluster Manager Salary

8 - 16 years exp. (7 salaries)

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₹4.2 L/yr - ₹6.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Finance Cluster Manager Salary

7 - 13 years exp. (7 salaries)

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₹12.3 L/yr - ₹21.6 L/yr

arrow icon 178% more
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ICICI Bank Cluster Manager Salary

10 - 13 years exp. (5 salaries)

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₹9.9 L/yr - ₹16 L/yr

arrow icon 70% more
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Axis Bank Cluster Manager Salary

10 - 15 years exp. (3 salaries)

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₹7.1 L/yr - ₹12.7 L/yr

arrow icon 46% more
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IDFC FIRST Bank Cluster Manager Salary

11 - 16 years exp. (8 salaries)

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₹9.5 L/yr - ₹21 L/yr

arrow icon 126% more
1 job opening
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HDB Financial Services Cluster Manager Salary

14 - 20 years exp. (12 salaries)

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₹11.8 L/yr - ₹24 L/yr

arrow icon 169% more
4 job openings
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Kotak Mahindra Prime Cluster Manager Salary

9 - 17 years exp. (5 salaries)

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₹6.7 L/yr - ₹9.5 L/yr

arrow icon 38% more
Cluster Manager salary at Muthoot Finance ranges between ₹4.2 Lakhs to ₹6.9 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Cluster Manager in Chennai

10mo ago
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15 years exp.
1y ago
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13 years exp.
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11 years exp.
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12 years exp.
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8 years exp.
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9 years exp.

Experience wise Muthoot Finance Cluster Manager salaries in Chennai

Last Updated: 15 Feb 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹5 L/yr - ₹11.7 L/yr
9 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹11.8 L/yr
10 years (AmbitionBox Estimate)

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

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₹4.8 L/yr - ₹11.9 L/yr
12 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹11.9 L/yr
View all

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(86 salaries)
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₹2.35 L/yr - ₹7 L/yr
Sales Manager Salary
(4 salaries)
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₹3.65 L/yr - ₹6 L/yr
Deputy Manager Salary
(4 salaries)
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₹4.4 L/yr - ₹5.75 L/yr

Top skills at Muthoot Finance for Cluster Manager

Gold Loan Management Sales Customer Acquisition resource mobilization Loans Finance Business Development Cluster Operations Customer Relationship Team Management Relationship Management channel management Channel Sales Operations Management

Salary related reviews for Muthoot Finance

3.8

Rated by 3 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 19 Oct 2020

4.0
 for  Salary and Benefits

Likes

...Team Work to us. Good micro Management. Good policies, huge incremental options. Every year bonus.

read more

Dislikes

Some higher officer do Partiality. Missing some Support. Not transparent. Timings Incentive is not given

RO Department

1.0
  •  posted on 09 Jul 2018

1.0
 for  Salary and Benefits

Likes

Only one point is that salary will be credited before month end or starting of the month.

read more

Dislikes

Company is not following which it issued circulars, instead of motivation, pushing the staff, total block mail is going, instead of RM control, auditors are misusing the authority, no clarity on any work implementing, staff problems, working on every holidays, exams on holidays, etc

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 01 Dec 2024

3.0
 for  Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

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Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

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Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 28 Oct 2024

4.0
 for  Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

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Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 19 Jul 2024

1.0
 for  Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

read more
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Muthoot Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Muthoot Finance Chennai?
Cluster Manager salary at Muthoot Finance in Chennai ranges between ₹4.2 Lakhs to ₹6.9 Lakhs for experience between 8 years to 16 years. According to our estimates it is 30% less than the average Cluster Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance Chennai.
How does the salary of a Cluster Manager at Muthoot Finance Chennai compare with the average salary range for this job?
The average salary of a Cluster Manager at Muthoot Finance is 30% less than the average salary of a Cluster Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Cluster Manager at Muthoot Finance?
Gold Loan, Management, Sales, Customer Acquisition and resource mobilization are some of the popular skills required to work as a Cluster Manager at Muthoot Finance Chennai.
Which similar companies are paying more than Muthoot Finance to a Cluster Manager in Chennai?
  • Bajaj Finance Cluster Manager Salary - ₹12.3 Lakhs to ₹21.6 Lakhs per year
  • HDB Financial Services Cluster Manager Salary - ₹11.8 Lakhs to ₹24.0 Lakhs per year
  • IDFC FIRST Bank Cluster Manager Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
  • ICICI Bank Cluster Manager Salary - ₹9.9 Lakhs to ₹16.0 Lakhs per year
  • Axis Bank Cluster Manager Salary - ₹7.1 Lakhs to ₹12.7 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Muthoot Finance in Chennai?
  • Kotak Mahindra Prime Cluster Manager Salary - ₹6.7 Lakhs to ₹9.5 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Muthoot Finance in Chennai?
The estimated take-home salary of a Cluster Manager at Muthoot Finance ranges between ₹51,060 per month to ₹52,265 per month in Chennai. The take-home salary calculation is based on the average Muthoot Finance Cluster Manager salary in India which ranges between ₹4.2 Lakhs to ₹6.9 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Muthoot Finance in Chennai?
According to AmbitionBox, 67% of the Muthoot Finance Cluster Managers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Cluster Manager salary in Chennai ranges between ₹4.2 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Muthoot Finance latest salaries received from various employees of Muthoot Finance.