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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 Salem

Annual salary range
12 - 14 years exp.
₹5.8 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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14% less than the average Cluster Manager Salary in NBFC Companies for 12 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
12 - 14 years exp. (3 salaries)
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₹5.8 L/yr - ₹8 L/yr

Administration & Facilities
Cluster Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹7.3 L/yr - ₹8.5 L/yr

Last Updated: 2 Oct 2024

Companies similar to Muthoot Finance for Cluster Manager in Salem

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Muthoot Finance Cluster Manager Salary

12 - 14 years exp. (4 salaries)

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₹5.8 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bharat Cluster Manager Salary

6 - 13 years exp. (5 salaries)

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₹3.5 L/yr - ₹8.6 L/yr

arrow icon 7% less
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SMFG India Credit Cluster Manager Salary

8 - 15 years exp. (3 salaries)

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₹7 L/yr - ₹15 L/yr

arrow icon 48% more
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₹6.6 L/yr - ₹7.7 L/yr

At par
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₹3.9 L/yr - ₹5 L/yr

arrow icon 40% less
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Max Life Insurance Cluster Manager Salary

6 - 8 years exp. (3 salaries)

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₹6 L/yr - ₹11.1 L/yr

arrow icon 36% more
Cluster Manager salary at Muthoot Finance ranges between ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Cluster Manager in Salem

3mo ago
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14 years exp.
5mo ago
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14 years exp.
1y ago
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13 years exp.
1y ago
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12 years exp.

Experience wise Muthoot Finance Cluster Manager salaries in Salem

Last Updated: 2 Oct 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹13.4 L/yr
13 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7.5 L/yr
14 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8.5 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
  • 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

read more
  • 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

read more
  • 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

read more
  • 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.

read more
  • Job security - Bad
    +3 more
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Muthoot Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Muthoot Finance Salem?
Cluster Manager salary at Muthoot Finance in Salem ranges between ₹5.8 Lakhs to ₹8.5 Lakhs for experience between 12 years to 14 years. According to our estimates it is 14% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Salem.
How does the salary of a Cluster Manager at Muthoot Finance Salem compare with the average salary range for this job?
The average salary of a Cluster Manager at Muthoot Finance is 14% less than the average salary of a Cluster Manager in Salem. 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 Salem.
Which similar companies are paying more than Muthoot Finance to a Cluster Manager in Salem?
  • SMFG India Credit Cluster Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
  • Max Life Insurance Cluster Manager Salary - ₹6.0 Lakhs to ₹11.1 Lakhs per year
  • Equitas Small Finance Bank Cluster Manager Salary - ₹6.6 Lakhs to ₹7.7 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Muthoot Finance in Salem?
  • IDFC FIRST Bharat Cluster Manager Salary - ₹3.5 Lakhs to ₹8.6 Lakhs per year
  • Magic Bus India Foundation Cluster Manager Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Muthoot Finance in Salem?
The estimated take-home salary of a Cluster Manager at Muthoot Finance ranges between ₹55,605 per month to ₹56,997 per month in Salem. The take-home salary calculation is based on the average Muthoot Finance Cluster Manager salary in India which ranges between ₹5.8 Lakhs to ₹8.5 Lakhs per year for employees with experience between 12 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Muthoot Finance in Salem?
According to AmbitionBox, 67% of the Muthoot Finance Cluster Managers in Salem reported a notice period of 3 Months, 33% reported a notice period of 2 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 Salem ranges between ₹5.8 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.