South Indian Bank Cluster Manager Salaries by Employees (Updated 2025)

Select experience

₹9 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 1 Oct 2024

Companies similar to South Indian Bank for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Federal Bank Cluster Manager Salary 6 - 10 years exp. (3 salaries)	₹0.8 L/yr - ₹6 L/yr 75% less
Karur Vysya Bank Cluster Manager Salary 8 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹12 L/yr 9% less
Login to view exact salary
CSB Bank Cluster Manager Salary 12 - 17 years exp. (4 salaries)	₹4.6 L/yr - ₹7.3 L/yr 44% less
DBS Bank Cluster Manager Salary 11 - 20 years exp. (3 salaries)	₹10 L/yr - ₹29 L/yr 78% more
Ujjivan Small Finance Bank Cluster Manager Salary 5 - 14 years exp. (348 salaries)	₹4.5 L/yr - ₹11.5 L/yr 25% less
IDFC FIRST Bank Cluster Manager Salary 8 - 16 years exp. (231 salaries)	₹5.8 L/yr - ₹23 L/yr 29% more
Axis Bank Cluster Manager Salary 5 - 17 years exp. (78 salaries)	₹4.7 L/yr - ₹15.5 L/yr 2% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 6% less
ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	₹6 L/yr - ₹25 L/yr 40% more
IndusInd Bank Cluster Manager Salary 6 - 15 years exp. (24 salaries)	₹5 L/yr - ₹12.7 L/yr 22% less
HDFC Bank Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹5 L/yr - ₹20 L/yr 10% more
Login to view exact salary
Yes Bank Cluster Manager Salary 3 - 18 years exp. (23 salaries)	₹4.8 L/yr - ₹16 L/yr 4% more
Jana Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (16 salaries)	₹5.9 L/yr - ₹14 L/yr 7% less
Paytm Payments Bank Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹10.5 L/yr - ₹18 L/yr 21% more
Bandhan Bank Cluster Manager Salary 5 - 11 years exp. (11 salaries)	₹2.8 L/yr - ₹10 L/yr 50% less
RBL Bank Cluster Manager Salary 10 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 29% less
Utkarsh Small Finance Bank Cluster Manager Salary 9 - 13 years exp. (4 salaries)	₹8.1 L/yr - ₹35 L/yr 63% more

Cluster Manager salary at South Indian Bank ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of South Indian Bank.

Similar Designation salaries in South Indian Bank

Cluster Head Salary

(5 salaries)

₹14 L/yr - ₹24 L/yr

Sales Manager Salary

(8 salaries)

₹9.2 L/yr - ₹13 L/yr

Branch Manager Salary

(51 salaries)

₹8 L/yr - ₹19.8 L/yr

Area Sales Manager Salary

(7 salaries)

₹8.04 L/yr - ₹14.9 L/yr

Relationship Manager Salary

(21 salaries)

₹8 L/yr - ₹20 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹11.2 L/yr - ₹14.3 L/yr

Sales Executive Salary

(28 salaries)

₹1.45 L/yr - ₹3 L/yr

Team Lead Salary

(9 salaries)

₹3 L/yr - ₹4.3 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 May 2024

4.0

for Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

Salary - Good

+1 more

Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

Work satisfaction - Bad

+1 more

Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Salary benefits

Salary - Good

Dislikes

Worst Work Culture,don't waste your potential just for few more money.Huge Target Pressure and Politics, Nepotism at peak only malayali people sit and enjoy being here ,while other staff are tortured , harassed on daily basis.No matter how Educated,good Employee you're if you don't meet their Targets and don't Butter your senior each and every minute.People in Other part of India except kerela don't even know About Bank so think about it how difficult will be To meet Target,even if you meet Targets you have to Butter.If you like to get treated like animal then you guys can join

Skill development - Bad

+5 more

Assistant Manager Operations in Chennai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Jan 2025

5.0

for Salary and Benefits

Likes

Only salary and allowance at par with IBA till date.....

Salary - Excellent

Dislikes

There is no continuous Management at top level sudden changing in the management only orders and circular issuance.There is lot of higher ups to supervise us and sought us No one will come for ground work not recommended for youngsters

Skill development - Poor

+3 more

Probationary Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

Skill development - Bad

+4 more

Probationary Officer in Kochi

Full Time

Data Science & Analytics Department

4.0

• posted on 08 Oct 2023

5.0

for Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

Salary - Excellent

+5 more

Dislikes

Sometime too much of regulations and rules hurt the business

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

Got a question about South Indian Bank?

Ask anonymously on communities.

South Indian Bank Cluster Manager Salary FAQs

What is the notice period for Cluster Manager at South Indian Bank?

According to AmbitionBox, 100% of the South Indian Bank Cluster Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
South Indian Bank Salaries >
South Indian Bank Cluster Manager Salaries

South Indian Bank Cluster Manager salary in India ranges between ₹9 Lakhs to ₹11.5 Lakhs. This is an estimate based on latest salaries received from employees of South Indian Bank.