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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 Erode

Annual salary range
10 - 14 years exp.
₹5.3 Lakhs - ₹7 Lakhs
Salary of majority employees
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48% less than the average Cluster Manager Salary in NBFC Companies for 10 - 14 years of experience

Interested in this particular role? 1 job opening

Last Updated: 17 Oct 2024

Companies similar to Muthoot Finance for Cluster Manager in Erode

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Muthoot Finance Cluster Manager Salary

10 - 14 years exp. (5 salaries)

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₹5.3 L/yr - ₹7 L/yr

vs
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IDFC FIRST Bharat Cluster Manager Salary

9 - 12 years exp. (5 salaries)

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₹4.5 L/yr - ₹8.7 L/yr

arrow icon 24% more
Cluster Manager salary at Muthoot Finance ranges between ₹5.3 Lakhs to ₹7 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Cluster Manager in Erode

2mo ago
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13 years exp.
9mo ago
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14 years exp.
1y ago
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12 years exp.
1y ago
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10 years exp.
1y ago
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11 years exp.

Experience wise Muthoot Finance Cluster Manager salaries in Erode

Last Updated: 17 Oct 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹12.1 L/yr
12 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹12.2 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

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

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

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 31 May 2023

1.0
 for  Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

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Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

read more
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Muthoot Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Muthoot Finance Erode?
Cluster Manager salary at Muthoot Finance in Erode ranges between ₹5.3 Lakhs to ₹7.0 Lakhs for experience between 10 years to 14 years. According to our estimates it is 48% less than the average Cluster Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance Erode.
How does the salary of a Cluster Manager at Muthoot Finance Erode compare with the average salary range for this job?
The average salary of a Cluster Manager at Muthoot Finance is 48% less than the average salary of a Cluster Manager in Erode. 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 Erode.
Which similar companies are paying more than Muthoot Finance to a Cluster Manager in Erode?
  • IDFC FIRST Bharat Cluster Manager Salary - ₹4.5 Lakhs to ₹8.7 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Muthoot Finance in Erode?
The estimated take-home salary of a Cluster Manager at Muthoot Finance ranges between ₹52,032 per month to ₹53,258 per month in Erode. The take-home salary calculation is based on the average Muthoot Finance Cluster Manager salary in India which ranges between ₹5.3 Lakhs to ₹7.0 Lakhs per year for employees with experience between 10 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Muthoot Finance in Erode?
According to AmbitionBox, 67% of the Muthoot Finance Cluster Managers in Erode reported a notice period of 2 Months, 33% reported a notice period of 3 Months.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 Erode ranges between ₹5.3 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.