NBFC Cluster Manager Salaries by 3 Employees (Updated 2024)

6 - 14 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

67% less than the average Cluster Manager Salary in Insurance Companies for 6 - 14 years of experience

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Last Updated: 15 Mar 2023

Companies similar to NBFC for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 9 - 18 years exp. (28 salaries)	₹6.3 L/yr - ₹20 L/yr 316% more
Bajaj Finance Cluster Manager Salary 5 - 16 years exp. (277 salaries)	₹8 L/yr - ₹28.5 L/yr 538% more
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ICICI Bank Cluster Manager Salary 8 - 14 years exp. (38 salaries)	₹5.6 L/yr - ₹24 L/yr 371% more
Axis Bank Cluster Manager Salary 0 - 17 years exp. (93 salaries)	₹4.6 L/yr - ₹14.3 L/yr 243% more
Kotak Mahindra Bank Cluster Manager Salary 9 - 16 years exp. (54 salaries)	₹4.5 L/yr - ₹17 L/yr 262% more
Tata Capital Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹7.5 L/yr - ₹15.7 L/yr 328% more	2 job openings
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (168 salaries)	₹5 L/yr - ₹14 L/yr 193% more
Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (33 salaries)	₹5 L/yr - ₹16 L/yr 228% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 117% more
HDFC Life Cluster Manager Salary 5 - 16 years exp. (292 salaries)	₹5.7 L/yr - ₹12 L/yr 201% more
Care Health Insurance Cluster Manager Salary 3 - 12 years exp. (258 salaries)	₹2.4 L/yr - ₹6.6 L/yr 48% more	2 job openings
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Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 13 years exp. (218 salaries)	₹5 L/yr - ₹14 L/yr 218% more
Max Life Insurance Cluster Manager Salary 6 - 15 years exp. (101 salaries)	₹5.1 L/yr - ₹13.9 L/yr 239% more	2 job openings
Bajaj Allianz Life Insurance Cluster Manager Salary 5 - 15 years exp. (99 salaries)	₹4.2 L/yr - ₹14.3 L/yr 199% more
Star Health & Allied Insurance Cluster Manager Salary 5 - 13 years exp. (62 salaries)	₹3.8 L/yr - ₹9.3 L/yr 111% more
Tata AIA Life Insurance Cluster Manager Salary 5 - 16 years exp. (44 salaries)	₹5 L/yr - ₹17.1 L/yr 258% more	2 job openings
Bajaj Allianz General Insurance Cluster Manager Salary 3 - 17 years exp. (38 salaries)	₹4.2 L/yr - ₹13.8 L/yr 213% more	1 job opening
Reliance Nippon Life Insurance Cluster Manager Salary 9 - 20 years exp. (34 salaries)	₹5 L/yr - ₹15 L/yr 211% more
ICICI Prudential Life Insurance Cluster Manager Salary 5 - 19 years exp. (33 salaries)	₹6.1 L/yr - ₹17 L/yr 225% more
Kotak Mahindara Life Insurance Cluster Manager Salary 6 - 16 years exp. (33 salaries)	₹5 L/yr - ₹12.5 L/yr 170% more

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Cluster Manager salary at NBFC ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of NBFC.

Experience wise NBFC Cluster Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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14 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr

Similar Designation salaries in NBFC

Cluster Head Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Deputy Manager Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Sales Manager Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7.45 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Relationship Manager Salary

(13 salaries)

₹2.3 L/yr - ₹5 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Salary related reviews for NBFC

Back Office Executive in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Jul 2024

2.0

for Salary and Benefits

Likes

Nbfc are hell for anyone…some of target and money greedy companies wants 100% for employee and want from them to work overtime no holiday in closings and if any festival comes in closing they will not give holiday.. If your employee is not happy how could he work better…

Dislikes

Work load and salary low

Bajaj Finance Limited in Mumbai

Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

Dislikes

Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

Assistant Manager

Sales & Business Development Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Highly motivated teams, proper training, innovations in marketing, helps for a strong foundation in career growth are good aspects

Dislikes

No job security and less career growth less salary, bad work-life balance

Assistant Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Yeah company policy and work managment are really great because I joined 2017 and now I m working same company.

Dislikes

Not any particular as always there is two thing's of anything but it's depend on us that how can we manage or balanced.

Senior Area Collection Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 28 Oct 2021

5.0

for Salary and Benefits

Likes

i like the working culture of NBFC in collection segment. as well as there is fast career growth based on performance along with salary increment.

Dislikes

In NBFC their is problem of holiday as compare to banking sector.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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NBFC Cluster Manager Salaries

NBFC Cluster Manager salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 NBFC latest salaries received from various employees of NBFC.

NBFC Cluster Manager salaries in India

Companies similar to NBFC for Cluster Manager

Latest annual salaries shared by NBFC Cluster Manager

Experience wise NBFC Cluster Manager salaries

Similar Designation salaries in NBFC

Salary related reviews for NBFC

Back Office Executive in Jaipur

Bajaj Finance Limited in Mumbai

Assistant Manager

Assistant Manager in Gurgaon / Gurugram

Senior Area Collection Manager in Wani

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