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Muthoot Fincorp Cluster Manager salaries in India

Annual salary range
10 - 14 years exp.
₹5.2 Lakhs - ₹10.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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26% less than the average Cluster Manager Salary in NBFC Companies for 10 - 14 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
10 - 14 years exp. (6 salaries)
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₹5.2 L/yr - ₹7.1 L/yr

Sales & Business Development
Cluster Manager Salary
11 - 14 years exp. (4 salaries)
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₹6.2 L/yr - ₹10.5 L/yr

Last Updated: 20 Dec 2024

Companies similar to Muthoot Fincorp for Cluster Manager

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Cluster Manager Salary

14 - 16 years exp. (4 salaries)

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₹6.6 L/yr - ₹9.5 L/yr

arrow icon 21% more
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Bajaj Finance Cluster Manager Salary

5 - 14 years exp. (302 salaries)

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₹8.1 L/yr - ₹29.5 L/yr

arrow icon 185% more
37 job openings
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Mahindra Finance Cluster Manager Salary

8 - 19 years exp. (34 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 53% more
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₹9.6 L/yr - ₹13 L/yr

arrow icon 54% more
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L&T Finance Cluster Manager Salary

3 - 12 years exp. (8 salaries)

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₹4.2 L/yr - ₹8.1 L/yr

arrow icon 6% less
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HDB Financial Services Cluster Manager Salary

10 - 23 years exp. (240 salaries)

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₹9.5 L/yr - ₹26 L/yr

arrow icon 158% more
4 job openings
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Reliance Capital Cluster Manager Salary

7 - 15 years exp. (7 salaries)

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₹9 L/yr - ₹13.4 L/yr

arrow icon 65% more
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Edelweiss Cluster Manager Salary

11 - 14 years exp. (4 salaries)

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₹16 L/yr - ₹17.1 L/yr

arrow icon 147% more
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Tata Capital Cluster Manager Salary

6 - 16 years exp. (22 salaries)

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₹6.5 L/yr - ₹15.5 L/yr

arrow icon 80% more
2 job openings
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Muthoot Finance Cluster Manager Salary

8 - 20 years exp. (144 salaries)

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₹4 L/yr - ₹9.8 L/yr

arrow icon 4% more
2 job openings
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SMFG India Credit Cluster Manager Salary

8 - 19 years exp. (72 salaries)

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₹5 L/yr - ₹21 L/yr

arrow icon 78% more
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₹5.3 L/yr - ₹8.4 L/yr

arrow icon 1% less
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Kotak Mahindra Prime Cluster Manager Salary

7 - 17 years exp. (19 salaries)

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₹6.5 L/yr - ₹11.5 L/yr

arrow icon 47% more
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IIFL Finance Cluster Manager Salary

3 - 15 years exp. (17 salaries)

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₹3.7 L/yr - ₹7.5 L/yr

arrow icon 10% less
1 job opening
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SK Finance Limited Cluster Manager Salary

9 - 15 years exp. (13 salaries)

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₹5.8 L/yr - ₹15 L/yr

arrow icon 55% more
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Poonawalla Fincorp Cluster Manager Salary

9 - 16 years exp. (7 salaries)

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₹12 L/yr - ₹21.5 L/yr

arrow icon 127% more
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₹3.4 L/yr - ₹11 L/yr

arrow icon 3% more
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Aavas Financiers Cluster Manager Salary

7 - 15 years exp. (6 salaries)

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₹7 L/yr - ₹13 L/yr

arrow icon 29% more
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CreditAccess Grameen Cluster Manager Salary

7 - 17 years exp. (6 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 49% less
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Capri Global Capital Cluster Manager Salary

14 - 17 years exp. (5 salaries)

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₹11 L/yr - ₹17.5 L/yr

arrow icon 122% more
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Cluster Manager salary at Muthoot Fincorp ranges between ₹5.2 Lakhs to ₹10.5 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 10 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Cluster Manager

2mo ago
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14 years exp.
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13 years exp.
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12 years exp.
6mo ago
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13 years exp.
10mo ago
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12 years exp.
1y ago
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11 years exp.
1y ago
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14 years exp.
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10 years exp.
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12 years exp.
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14 years exp.

Experience wise Muthoot Fincorp Cluster Manager salaries

Last Updated: 20 Dec 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹12.3 L/yr
11 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹12.3 L/yr
12 years  (3 salaries)

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₹6.1 L/yr - ₹12.2 L/yr
13 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹7.5 L/yr
14 years  (3 salaries)

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₹5.2 L/yr - ₹10.5 L/yr

Similar Designation salaries in Muthoot Fincorp

Store Manager Salary
(4 salaries)
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₹2 L/yr - ₹10 L/yr
Cluster Head Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Area Manager Salary
(218 salaries)
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₹3.2 L/yr - ₹10.1 L/yr
Deputy Manager Salary
(65 salaries)
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₹2.75 L/yr - ₹7.9 L/yr
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₹3.5 L/yr - ₹8 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
Branch Manager Salary
(731 salaries)
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₹1.25 L/yr - ₹6.35 L/yr
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₹6.74 L/yr - ₹9.59 L/yr
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₹6 L/yr - ₹9.3 L/yr
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₹2.05 L/yr - ₹5.4 L/yr

Top skills at Muthoot Fincorp for Cluster Manager

Forex Sales Forex Trading Team Handling Foreign Exchange Forex Trading Sales Business Development Remittances Customer Acquisition Forex FX Forex Operations Lead Generation Team Management
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Salary related reviews for Muthoot Fincorp

4.2

Rated by 17 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Other Department

4.0
  •  posted on 02 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

read more
  • Salary - Good
  • +6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 02 Apr 2020

4.0
 for  Salary and Benefits

Likes

It's a family feeling while working with our company. we are receiving calls from our higher officers and this time not for targets but asking about health conditions and suggesting about precautions to be taken.. Feeling good

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing, but ya little disappointment about salary increments. Of course it's based on performance even though.....

read more
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Muthoot Fincorp Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Muthoot Fincorp?
Cluster Manager salary at Muthoot Fincorp in India ranges between ₹5.2 Lakhs to ₹10.5 Lakhs for experience between 10 years to 14 years. According to our estimates it is 26% less than the average Cluster Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Cluster Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Cluster Manager at Muthoot Fincorp is 26% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Cluster Manager at Muthoot Fincorp?
Forex, Sales, Forex Trading, Team Handling and Foreign Exchange are some of the popular skills required to work as a Cluster Manager at Muthoot Fincorp India.
Which similar companies are paying more than Muthoot Fincorp to a Cluster Manager in India?
  • Bajaj Finance Cluster Manager Salary - ₹8.1 Lakhs to ₹29.5 Lakhs per year
  • HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹26.0 Lakhs per year
  • Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
  • Poonawalla Fincorp Cluster Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
  • Capri Global Capital Cluster Manager Salary - ₹11.0 Lakhs to ₹17.5 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Muthoot Fincorp in India?
  • Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year
  • Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
  • SMFG India Credit Cluster Manager Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year
  • Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
  • SK Finance Limited Cluster Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Cluster Manager at Muthoot Fincorp ranges between ₹51,884 per month to ₹53,107 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Cluster Manager salary in India which ranges between ₹5.2 Lakhs to ₹10.5 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 Fincorp?
According to AmbitionBox, 44% of the Muthoot Fincorp Cluster Managers reported a notice period of 1 Month, 39% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Cluster Manager salary in India ranges between ₹5.2 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

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