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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 Visakhapatnam

Annual salary range
10 - 17 years exp.
₹6 Lakhs - ₹8 Lakhs
Salary of majority employees
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29% less than the average Cluster Manager Salary in NBFC Companies for 10 - 17 years of experience

Interested in this particular role? 1 job opening

Last Updated: 23 May 2024

Companies similar to Muthoot Finance for Cluster Manager in Visakhapatnam

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Muthoot Finance Cluster Manager Salary

10 - 17 years exp. (4 salaries)

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₹6 L/yr - ₹8 L/yr

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

11 - 15 years exp. (3 salaries)

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₹10 L/yr - ₹17.3 L/yr

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1 job opening
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HDB Financial Services Cluster Manager Salary

19 - 22 years exp. (3 salaries)

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₹16.6 L/yr - ₹20 L/yr

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5 job openings
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Stanza Living Cluster Manager Salary

6 - 9 years exp. (5 salaries)

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₹6 L/yr - ₹10.1 L/yr

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3 job openings
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MBCC Group Cluster Manager Salary

11 - 13 years exp. (3 salaries)

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₹33 L/yr - ₹36 L/yr

arrow icon 380% more
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Sri Rama Marketing Cluster Manager Salary

11 - 13 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.4 L/yr

arrow icon 28% less
Cluster Manager salary at Muthoot Finance ranges between ₹6 Lakhs to ₹8 Lakhs per year for employees with experience between 10 years to 17 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 Visakhapatnam

6mo ago
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12 years exp.
8mo ago
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11 years exp.
1y ago
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17 years exp.
1y ago
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10 years exp.

Experience wise Muthoot Finance Cluster Manager salaries in Visakhapatnam

Last Updated: 23 May 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)

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₹7 L/yr - ₹12.6 L/yr
13 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
14 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.1 L/yr
View all

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

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

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

read 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

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 Visakhapatnam?
Cluster Manager salary at Muthoot Finance in Visakhapatnam ranges between ₹6.0 Lakhs to ₹8.0 Lakhs for experience between 10 years to 17 years. According to our estimates it is 29% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Visakhapatnam.
How does the salary of a Cluster Manager at Muthoot Finance Visakhapatnam compare with the average salary range for this job?
The average salary of a Cluster Manager at Muthoot Finance is 29% less than the average salary of a Cluster Manager in Visakhapatnam. 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 Visakhapatnam.
Which similar companies are paying more than Muthoot Finance to a Cluster Manager in Visakhapatnam?
  • MBCC Group Cluster Manager Salary - ₹33.0 Lakhs to ₹36.0 Lakhs per year
  • HDB Financial Services Cluster Manager Salary - ₹16.6 Lakhs to ₹20.0 Lakhs per year
  • IDFC FIRST Bank Cluster Manager Salary - ₹10.0 Lakhs to ₹17.3 Lakhs per year
  • Stanza Living Cluster Manager Salary - ₹6.0 Lakhs to ₹10.1 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Muthoot Finance in Visakhapatnam?
  • Sri Rama Marketing Cluster Manager Salary - ₹4.5 Lakhs to ₹5.4 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Muthoot Finance in Visakhapatnam?
The estimated take-home salary of a Cluster Manager at Muthoot Finance ranges between ₹52,970 per month to ₹54,288 per month in Visakhapatnam. The take-home salary calculation is based on the average Muthoot Finance Cluster Manager salary in India which ranges between ₹6.0 Lakhs to ₹8.0 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Muthoot Finance in Visakhapatnam?
According to AmbitionBox, 67% of the Muthoot Finance Cluster Managers in Visakhapatnam 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 Visakhapatnam ranges between ₹6 Lakhs to ₹8 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.