The Muthoot Group New Delhi Cluster Manager Salaries by 4 Employees (Updated 2025)

13 - 17 years exp.

₹7 Lakhs - ₹11.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

At par with the average Cluster Manager Salary in Financial Services Companies for 13 - 17 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 13 - 14 years exp. (3 salaries)	₹7 L/yr - ₹11.5 L/yr
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Customer Success, Service & Operations Cluster Manager Salary 17 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹9.9 L/yr

Last Updated: 28 Feb 2025

Companies similar to The Muthoot Group for Cluster Manager in New Delhi

The Muthoot Group Cluster Manager Salary

13 - 17 years exp. (4 salaries)

₹7 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Cluster Manager Salary 5 - 13 years exp. (29 salaries)	₹8 L/yr - ₹23 L/yr 97% more
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (24 salaries)	₹6.3 L/yr - ₹12.6 L/yr 18% less
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Reliance Retail Cluster Manager Salary 8 - 19 years exp. (44 salaries)	₹7.5 L/yr - ₹17 L/yr 25% more
Care Health Insurance Cluster Manager Salary 3 - 10 years exp. (38 salaries)	₹2.5 L/yr - ₹6.2 L/yr 52% less
Zypp Electric Cluster Manager Salary 5 - 12 years exp. (31 salaries)	₹4.8 L/yr - ₹8.4 L/yr 35% less

Cluster Manager salary at The Muthoot Group ranges between ₹7 Lakhs to ₹11.5 Lakhs per year for employees with experience between 13 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Cluster Manager salaries in New Delhi

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
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15+ years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr

Similar Designation salaries in The Muthoot Group

Branch Manager Salary

(14 salaries)

₹3.4 L/yr - ₹5 L/yr

Deputy Manager Salary

(6 salaries)

₹4.6 L/yr - ₹6.35 L/yr

Relationship Manager Salary

(5 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Salary related reviews for The Muthoot Group

2.0

Rated by 1 employees for salary & benefits

Branch Manager in Gadarwara

Full Time

Finance & Accounting Department

2.0

• posted on 28 Jan 2025

1.0

for Salary and Benefits

Likes

Skill development - Good
Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

Salary - Bad

+3 more

Branch Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Job security and staffs

Skill development - Good

+2 more

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

Promotions - Poor

+1 more

Branch Manager in Tiptur

Sales & Business Development Department

2.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

Skill development - Poor

+4 more

Senior Sales Executive in Nellore

Sales & Business Development Department

5.0

• posted on 23 Jul 2020

5.0

for Salary and Benefits

Likes

...agement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good appricials are fair and they give good salary and bonus every year.

Salary - Excellent

+5 more

Dislikes

Nothing

Branch Manager in Thiruvananthapuram

Muthoot Finance Department

5.0

• posted on 15 Mar 2018

5.0

for Salary and Benefits

Likes

...eving our branch targets .Insurance products,gold loan ,NCD,are the main areas .Job security and good salary growth provided in Muthoot group

Salary - Excellent

+6 more

Dislikes

.work environment is Monday to Saturday timing is 8.30 to 5.30 and Most Sunday’s have any training process there .In branch if alarm system working at any time most probably in night I will be there at night to open the branch and Sunday visit in branch for 10 minibus is compalsary for the managers only.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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The Muthoot Group Cluster Manager Salary FAQs

What is the salary of Cluster Manager at The Muthoot Group in New Delhi?

The average salary of a Cluster Manager at The Muthoot Group in New Delhi typically ranges from ₹7.0 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 13 years to 17 years).

The top 10% of Cluster Manager in New Delhi at The Muthoot Group earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Cluster Manager Salaries at The Muthoot Group 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 4 The Muthoot Group employees in India.

What is the estimated take home salary of a Cluster Manager at The Muthoot Group in New Delhi?

The estimated take-home salary of a Cluster Manager at The Muthoot Group in New Delhi typically ranges from ₹70,530 to ₹72,345 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 13 years to 17 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 4 salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Muthoot Group for Cluster Manager in India?

Bajaj Finserv	₹8.0 Lakhs to ₹23.0 Lakhs per year
Reliance Retail	₹7.5 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.

What is the salary of a Cluster Manager in companies similar to The Muthoot Group in New Delhi?

The salary of a Cluster Manager at companies similar to The Muthoot Group in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Capital	₹6.3 Lakhs to ₹12.6 Lakhs per year
Zypp Electric	₹4.8 Lakhs to ₹8.4 Lakhs per year
Care Health Insurance	₹2.5 Lakhs to ₹6.2 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 The Muthoot Group in New Delhi?

The salary growth for a Cluster Manager at The Muthoot Group in New Delhi depends on factors such as experience, performance, and promotions. On average, a Cluster Manager in New Delhi can expect the following growth trajectory at The Muthoot Group:

Experience	Average Salary Range
13 years	₹8.8 Lakhs to ₹11.2 Lakhs per year
14 years	₹8.8 Lakhs to ₹11.3 Lakhs per year
15 years	₹8.9 Lakhs to ₹11.4 Lakhs per year

and so on.

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The Muthoot Group Cluster Manager Salaries in New Delhi

The Muthoot Group Cluster Manager salary in New Delhi ranges between ₹7 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Muthoot Group latest salaries received from various employees of The Muthoot Group.