Muthoot Money Cluster Manager Salaries by 5 Employees (Updated 2025)

2 - 22 years exp.

₹9.5 Lakhs - ₹12 Lakhs

Salary of majority employees

18% more than the average Cluster Manager Salary in Financial Services Companies for 2 - 22 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 2 - 22 years exp. (4 salaries)	₹9.5 L/yr - ₹12 L/yr
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Marketing & Communication Cluster Manager Salary 10 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹12.2 L/yr

Last Updated: 31 Jan 2025

Companies similar to Muthoot Money for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Cluster Manager Salary 14 - 16 years exp. (4 salaries)	₹6.6 L/yr - ₹9.5 L/yr 25% less
Bajaj Finance Cluster Manager Salary 5 - 14 years exp. (258 salaries)	₹7.9 L/yr - ₹29.5 L/yr 80% more
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HDB Financial Services Cluster Manager Salary 12 - 23 years exp. (231 salaries)	₹9.5 L/yr - ₹26 L/yr 64% more	3 job openings
Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (31 salaries)	₹6.5 L/yr - ₹16 L/yr 10% less
Cholamandalam Investment & Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹13 L/yr 4% less
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 41% less
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 54% more
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 3% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 12% more	4 job openings
Fortune Integrated Assets Finance Cluster Manager Salary 11 - 21 years exp. (6 salaries)	₹6 L/yr - ₹8.5 L/yr 34% less
Choice Equity Broking Cluster Manager Salary 8 - 14 years exp. (3 salaries)	₹5.3 L/yr - ₹9.5 L/yr 29% less
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Cluster Manager salary at Muthoot Money ranges between ₹9.5 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Money.

Experience wise Muthoot Money Cluster Manager salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹11.9 L/yr
3 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
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4 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11.1 L/yr
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
12 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
14 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
15+ years (3 salaries)	₹9.4 L/yr - ₹12 L/yr

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Similar Designation salaries in Muthoot Money

Cluster Head Salary

(5 salaries)

₹7 L/yr - ₹7.8 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Deputy Manager Salary

(6 salaries)

₹5.3 L/yr - ₹9 L/yr

Sales Manager Salary

(21 salaries)

₹3 L/yr - ₹6.5 L/yr

Branch Manager Salary

(11 salaries)

₹3.1 L/yr - ₹6 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Relationship Manager Salary

(4 salaries)

₹2.5 L/yr - ₹2.9 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Sales Officer Salary

(3 salaries)

₹1.6 L/yr - ₹1.9 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Top skills at Muthoot Money for Cluster Manager

car Commercial Vehicle hcv Loans Corporate Sales Auto Loans Bus Tower Crane lcv Commercial Vehicle Loans

Salary related reviews for Muthoot Money

Sales Manager in Kancheepuram

Full Time

Finance & Accounting Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Carriers Spoil this company last 3month Future spoil in company not sitting in office. Waste of reporting manager

Dislikes

EMPOLYEE not safety and salary issue. reporting manager Communication Nil not supported. . Wrost of company totally waste of company

Salary - Bad

+6 more

Operations in Hyderabad / Secunderabad

Operations Department

1.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

HR policy very worst, offer letter and take home completely different ex. package,is 2.5lkahs,but we get just 2.2 lakhs waste company.

Work-life balance - Excellent

Dislikes

No Growth, we Technology software not there complete manual process, everyone HOD feel like MD.

Salary - Bad

+5 more

Cluster Manager-Banking Operations in Vijayawada

Full Time

Marketing & Communication Department

2.0

• posted on 18 Jan 2022

1.0

for Salary and Benefits

Likes

There is no job security, In carona first phase 120 employees jobs as taken suddenly, And remaining employees paid May salary and not paid April20 salary, Even in second wave may21 month paid 60% salary

Dislikes

Even carona situatuons, Thumb is manadatory for attendance and cant respect emoloyees, Cant pay salaries and conveyances properly

Salary - Bad

+6 more

Assistant Manager O&M in Madurai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 21 Jan 2025

2.0

for Salary and Benefits

Likes

Work culture and my supervisor are very good handling.

Dislikes

Once you can properly reliving this company.then you can't get received from settlement and not properly Reliving letter and experience letter also. HR department are very slow and not responding by any messages .

Salary - Poor

+6 more

HR Executive Recruiter in Hyderabad / Secunderabad

Full Time

Human Resources Department

1.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

I don't like anything in muthoot, they treat their employees like a slave, there is no respect at all. And your openion is not considered for any change of management. Boss culture is there.

Skill development - Bad

+4 more

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Muthoot Money Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Muthoot Money?

Cluster Manager salary at Muthoot Money in India ranges between ₹9.5 Lakhs to ₹12.0 Lakhs for experience between 2 years to 22 years. According to our estimates it is 18% more than the average Cluster Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Money India.

How does the salary of a Cluster Manager at Muthoot Money India compare with the average salary range for this job?

The average salary of a Cluster Manager at Muthoot Money is 18% more 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 Money?

car, Commercial Vehicle, hcv, Loans and Corporate Sales are some of the popular skills required to work as a Cluster Manager at Muthoot Money India.

Which similar companies are paying more than Muthoot Money to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹7.9 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
Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Muthoot Money in India?

Cholamandalam Investment & Finance Cluster Manager Salary - ₹9.6 Lakhs to ₹13.0 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Manappuram Finance Cluster Manager Salary - ₹6.6 Lakhs to ₹9.5 Lakhs per year
Choice Equity Broking Cluster Manager Salary - ₹5.3 Lakhs to ₹9.5 Lakhs per year
Fortune Integrated Assets Finance Cluster Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Cluster Manager at Muthoot Money in India?

The estimated take-home salary of a Cluster Manager at Muthoot Money ranges between ₹77,927 per month to ₹79,951 per month in India. The take-home salary calculation is based on the average Muthoot Money Cluster Manager salary in India which ranges between ₹9.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Muthoot Money?

According to AmbitionBox, 75% of the Muthoot Money Cluster Managers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Muthoot Money Cluster Manager Salaries

Muthoot Money Cluster Manager salary in India ranges between ₹9.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Money latest salaries received from various employees of Muthoot Money.