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Muthoot Finance Cluster Manager salaries in Hyderabad / Secunderabad

Annual salary range
9 - 19 years exp.
₹4.4 Lakhs - ₹8 Lakhs
Salary of majority employees
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30% less than the average Cluster Manager Salary in NBFC Companies for 9 - 19 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Sales & Business Development
Cluster Manager Salary
9 - 11 years exp. (3 salaries)
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₹4.4 L/yr - ₹8 L/yr

BFSI, Investments & Trading
Cluster Manager Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹6.6 L/yr

Customer Success, Service & Operations
Cluster Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.5 L/yr

Finance & Accounting
Cluster Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7.1 L/yr

Administration & Facilities
Cluster Manager Salary
19 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹7.5 L/yr

Last Updated: 8 Apr 2024

Companies similar to Muthoot Finance for Cluster Manager in Hyderabad / Secunderabad

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Muthoot Finance Cluster Manager Salary

9 - 19 years exp. (11 salaries)

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₹4.4 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDB Financial Services Cluster Manager Salary

14 - 22 years exp. (16 salaries)

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₹13.6 L/yr - ₹22 L/yr

arrow icon 169% more
8 job openings
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₹4.2 L/yr - ₹6.5 L/yr

arrow icon 18% less
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Bajaj Finance Cluster Manager Salary

7 - 17 years exp. (6 salaries)

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₹13 L/yr - ₹19.1 L/yr

arrow icon 171% more
108 job openings
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₹6.8 L/yr - ₹8.2 L/yr

arrow icon 3% less
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Mahindra Finance Cluster Manager Salary

11 - 19 years exp. (3 salaries)

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₹6.5 L/yr - ₹15 L/yr

arrow icon 49% more
Cluster Manager salary at Muthoot Finance ranges between ₹4.4 Lakhs to ₹8 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Cluster Manager in Hyderabad / Secunderabad

11mo ago
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13 years exp.
1y ago
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19 years exp.

Experience wise Muthoot Finance Cluster Manager salaries in Hyderabad / Secunderabad

Last Updated: 8 Apr 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
11 years  (3 salaries)

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₹6 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹8 L/yr
13 years  (3 salaries)

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₹6 L/yr - ₹8 L/yr
View all

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(97 salaries)
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₹2.2 L/yr - ₹6.5 L/yr
Sales Manager Salary
(5 salaries)
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₹3.5 L/yr - ₹5.75 L/yr
Deputy Manager Salary
(3 salaries)
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₹5.65 L/yr - ₹6.6 L/yr

Top skills at Muthoot Finance for Cluster Manager

Gold Loan Management Gold Loan Customer Acquisition Sales Software Configuration Management resource mobilization Salesforce Loans Finance Business Development Cluster Operations Operations Customer Relationship Relationship Management

Salary related reviews for Muthoot Finance

4.0

Rated by 2 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
  • Salary - Good
  • +4 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
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Jan 2025

3.0
 for  Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

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  • Skill development - Bad
  • +5 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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  • Skill development - Good
  • +4 more

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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  • Promotions - Poor

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

read more
  • Salary - Good
  • +2 more

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.

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  • Job security - Bad
  • +3 more
see more salary related reviews

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Muthoot Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad?
The average salary of a Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹4.4 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 9 years to 19 years).

The top 10% of Cluster Manager in Hyderabad / Secunderabad at Muthoot Finance earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Cluster Manager Salaries at Muthoot Finance 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 10+ Muthoot Finance employees in India.
What is the estimated take home salary of a Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad?
The estimated take-home salary of a Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹52,564 to ₹53,870 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 9 years to 19 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 10+ salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad?
To be a Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad, the key skills required include:

  • - Gold Loan
  • - Management
  • - Gold Loan
  • - Customer Acquisition
  • - Sales

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Finance for Cluster Manager in India?
Bajaj Finance ₹13.0 Lakhs to ₹19.1 Lakhs per year
HDB Financial Services ₹13.6 Lakhs to ₹22.0 Lakhs per year
Mahindra Finance ₹6.5 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.
What is the salary of a Cluster Manager in companies similar to Muthoot Finance in Hyderabad / Secunderabad?
The salary of a Cluster Manager at companies similar to Muthoot Finance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat Financial Inclusion ₹6.8 Lakhs to ₹8.2 Lakhs per year
Spandana Sphoorty Financial ₹4.2 Lakhs to ₹6.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad?
The salary growth for a Cluster Manager at Muthoot Finance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Cluster Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
9 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
10 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
11 years ₹6.0 Lakhs to ₹8.0 Lakhs per year
12 years ₹6.2 Lakhs to ₹8.0 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Cluster Manager salary in Hyderabad / Secunderabad ranges between ₹4.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Muthoot Finance latest salaries received from various employees of Muthoot Finance.