SBFC Finance Cluster Manager Salaries by 8 Employees (Updated 2025)

3 - 10 years exp.

₹3.6 Lakhs - ₹13.5 Lakhs

Salary of majority employees

8% less than the average Cluster Manager Salary in NBFC Companies for 3 - 10 years of experience

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Salaries in different departments

Risk Management & Compliance Cluster Manager Salary 3 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹8.8 L/yr
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Sales & Business Development Cluster Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹13.5 L/yr

Last Updated: 1 Jun 2024

Companies similar to SBFC Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 9 - 18 years exp. (23 salaries)	₹8.2 L/yr - ₹20 L/yr 46% more
ICICI Bank Cluster Manager Salary 8 - 14 years exp. (38 salaries)	₹6 L/yr - ₹25 L/yr 68% more
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Axis Bank Cluster Manager Salary 0 - 17 years exp. (92 salaries)	₹4.4 L/yr - ₹14.2 L/yr 17% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 11 years exp. (42 salaries)	₹3.1 L/yr - ₹11.2 L/yr 16% less
Bajaj Finance Cluster Manager Salary 5 - 14 years exp. (253 salaries)	₹7.9 L/yr - ₹29.5 L/yr 131% more
Tata Capital Cluster Manager Salary 5 - 16 years exp. (22 salaries)	₹7.5 L/yr - ₹15.5 L/yr 47% more	3 job openings
SBI Cards & Payment Services Cluster Manager Salary 9 - 10 years exp. (3 salaries)	₹10.5 L/yr - ₹16 L/yr 58% more
Aditya Birla Capital Cluster Manager Salary 0 - 13 years exp. (165 salaries)	₹5 L/yr - ₹15 L/yr 4% more
Sammaan Capital Limited Cluster Manager Salary 8 - 12 years exp. (3 salaries)	₹5 L/yr - ₹10.4 L/yr 6% less
Hero FinCorp Cluster Manager Salary 10 - 20 years exp. (81 salaries)	₹7.5 L/yr - ₹25 L/yr 92% more
Bajaj Housing Finance Cluster Manager Salary 5 - 15 years exp. (44 salaries)	₹10 L/yr - ₹23.5 L/yr 108% more
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Finova Capital Cluster Manager Salary 5 - 14 years exp. (26 salaries)	₹4 L/yr - ₹10 L/yr 19% less	1 job opening
Home Credit Finance Cluster Manager Salary 6 - 15 years exp. (19 salaries)	₹4.1 L/yr - ₹9 L/yr 25% less	1 job opening
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (18 salaries)	₹6.5 L/yr - ₹11.5 L/yr 12% more
Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (14 salaries)	₹6.5 L/yr - ₹10.5 L/yr 5% more
Vistaar Finance Cluster Manager Salary 4 - 16 years exp. (7 salaries)	₹6 L/yr - ₹11.8 L/yr 8% more
Muthoottu Mini Financiers Cluster Manager Salary 0 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹4.2 L/yr 64% less
Ugro Capital Cluster Manager Salary 9 - 15 years exp. (5 salaries)	₹6.7 L/yr - ₹12.8 L/yr 17% more
Shubham Housing Development Finance Cluster Manager Salary 6 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹5.5 L/yr 47% less
India Shelter Finance Corporation Cluster Manager Salary 7 - 12 years exp. (4 salaries)	₹7 L/yr - ₹12.3 L/yr 22% more

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Cluster Manager salary at SBFC Finance ranges between ₹3.6 Lakhs to ₹13.5 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of SBFC Finance.

Experience wise SBFC Finance Cluster Manager salaries

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.4 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹13 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹13.5 L/yr
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.8 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in SBFC Finance

Cluster Head Salary

(3 salaries)

₹7 L/yr - ₹12 L/yr

Area Manager Salary

(4 salaries)

₹6 L/yr - ₹9.5 L/yr

Deputy Manager Salary

(4 salaries)

₹3.8 L/yr - ₹5 L/yr

Business Manager Salary

(3 salaries)

₹3.3 L/yr - ₹5 L/yr

Sales Manager Salary

(19 salaries)

₹1.8 L/yr - ₹5 L/yr

Branch Manager Salary

(188 salaries)

₹3 L/yr - ₹7.5 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Area Sales Manager Salary

(45 salaries)

₹3.5 L/yr - ₹9 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Area Business Manager Salary

(154 salaries)

₹3.5 L/yr - ₹9 L/yr

Top skills at SBFC Finance for Cluster Manager

Team Handling Home Loans Lap NBFC Mortgage Loans Sales hl

Salary related reviews for SBFC Finance

3.4

Rated by 4 employees for salary & benefits

Area Business Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 Jan 2025

1.0

for Salary and Benefits

Likes

Salary Credited timely

Dislikes

Zonal Manager Prabhat Ranjan have no sense how to talk with his colleagues, he is crack mind, and using abusive language, I suggest u don’t go there the post of ABM like BM post.

Salary - Bad

+5 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing to like here Infact this question should not be asked here . The work culture is terrible .

Dislikes

...hey have also mentioned this as a clause in your working terms and conditions. Here F and F consist of Two months salary and Settlement amount . Which they will try every possible way to not to clear it. No HR is going to help you any of your issue . After resignation you will get to hear every Threatening messages from Senior management . They will hold your F and F , Ruin your Career, No experience letter and what not . The biggest proof is you will find only new employees in the floor .All the old ones are Either the sugar baby or Relatives of Senior Managers .

Salary - Bad

+6 more

Sales Officer in Vadodara

Other Department

5.0

• posted on 16 Sep 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Branch Manager in Jaipur

BFSI, Investments & Trading Department

1.0

• posted on 22 Jan 2021

1.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of policies and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you can't resign. On the job training is not given to new joiners.

Salary - Bad

+6 more

Branch Manager in Sivasagar

BFSI, Investments & Trading Department

1.0

• posted on 05 Jun 2022

1.0

for Salary and Benefits

Likes

Giving salary on time.

Dislikes

Very worst company to work with. There is no value of HR policies, no working hours, no working days, no balance personal life, no final settlement after leaving the company, no relieving letter. Company spoil your career. I advise not to join the company.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBFC Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at SBFC Finance?

Cluster Manager salary at SBFC Finance in India ranges between ₹3.6 Lakhs to ₹13.5 Lakhs for experience between 3 years to 10 years. According to our estimates it is 8% less than the average Cluster Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of SBFC Finance India.

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

The average salary of a Cluster Manager at SBFC Finance is 8% 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 SBFC Finance?

Team Handling, Home Loans, Lap, NBFC and Mortgage Loans are some of the popular skills required to work as a Cluster Manager at SBFC Finance India.

Which similar companies are paying more than SBFC Finance to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹7.9 Lakhs to ₹29.5 Lakhs per year
Bajaj Housing Finance Cluster Manager Salary - ₹10.0 Lakhs to ₹23.5 Lakhs per year
Hero FinCorp Cluster Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
ICICI Bank Cluster Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
SBI Cards & Payment Services Cluster Manager Salary - ₹10.5 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Cluster Manager in companies similar to SBFC Finance in India?

InCred Finance Cluster Manager Salary - ₹9.3 Lakhs to ₹16.0 Lakhs per year
Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year
Tata Capital Cluster Manager Salary - ₹7.5 Lakhs to ₹15.5 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹8.2 Lakhs to ₹20.0 Lakhs per year
India Shelter Finance Corporation Cluster Manager Salary - ₹7.0 Lakhs to ₹12.3 Lakhs per year

What is the estimated take home salary of a Cluster Manager at SBFC Finance in India?

The estimated take-home salary of a Cluster Manager at SBFC Finance ranges between ₹61,659 per month to ₹63,223 per month in India. The take-home salary calculation is based on the average SBFC Finance Cluster Manager salary in India which ranges between ₹3.6 Lakhs to ₹13.5 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at SBFC Finance?

According to AmbitionBox, 64% of the SBFC Finance Cluster Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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SBFC Finance Cluster Manager Salaries

SBFC Finance Cluster Manager salary in India ranges between ₹3.6 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 SBFC Finance latest salaries received from various employees of SBFC Finance.