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Spandana Sphoorty Financial Cluster Manager salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹3.2 Lakhs - ₹7.2 Lakhs
Salary of majority employees
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42% less than the average Cluster Manager Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
0 - 10 years exp. (11 salaries)
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₹3.4 L/yr - ₹6.5 L/yr

Sales & Business Development
Cluster Manager Salary
1 - 9 years exp. (11 salaries)
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₹4.9 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Cluster Manager Salary
1 - 10 years exp. (9 salaries)
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₹3.6 L/yr - ₹7.2 L/yr

Finance & Accounting
Cluster Manager Salary
1 - 10 years exp. (8 salaries)
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₹3.8 L/yr - ₹5.3 L/yr

Marketing & Communication
Cluster Manager Salary
0 - 6 years exp. (4 salaries)
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₹3.4 L/yr - ₹6.2 L/yr

Last Updated: 23 Feb 2025

Companies similar to Spandana Sphoorty Financial for Cluster Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Cluster Manager Salary

5 - 17 years exp. (295 salaries)

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₹8.6 L/yr - ₹29.5 L/yr

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108 job openings
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HDB Financial Services Cluster Manager Salary

12 - 23 years exp. (233 salaries)

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₹9.5 L/yr - ₹26 L/yr

arrow icon 234% more
8 job openings
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Muthoot Finance Cluster Manager Salary

8 - 20 years exp. (142 salaries)

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₹4.1 L/yr - ₹11 L/yr

arrow icon 30% more
4 job openings
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SMFG India Credit Cluster Manager Salary

7 - 19 years exp. (75 salaries)

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₹5 L/yr - ₹21 L/yr

arrow icon 121% more
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₹5.3 L/yr - ₹8.4 L/yr

arrow icon 26% more
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Mahindra Finance Cluster Manager Salary

8 - 19 years exp. (34 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 94% more
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Kotak Mahindra Prime Cluster Manager Salary

7 - 17 years exp. (19 salaries)

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₹6.5 L/yr - ₹11.5 L/yr

arrow icon 87% more
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IIFL Finance Cluster Manager Salary

3 - 15 years exp. (17 salaries)

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₹3.7 L/yr - ₹7.5 L/yr

arrow icon 14% more
1 job opening
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SK Finance Limited Cluster Manager Salary

9 - 15 years exp. (13 salaries)

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₹5.8 L/yr - ₹15 L/yr

arrow icon 97% more
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Muthoot Fincorp Cluster Manager Salary

10 - 14 years exp. (10 salaries)

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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 24% more
View all
Cluster Manager salary at Spandana Sphoorty Financial ranges between ₹3.2 Lakhs to ₹7.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 75 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Cluster Manager

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Experience wise Spandana Sphoorty Financial Cluster Manager salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹3.5 L/yr - ₹6.5 L/yr
1 year  (15 salaries)

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₹3.2 L/yr - ₹6.5 L/yr
2 years  (11 salaries)

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₹3.3 L/yr - ₹6 L/yr
3 years  (5 salaries)

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₹3.6 L/yr - ₹6.5 L/yr
4 years  (6 salaries)

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₹3.4 L/yr - ₹7 L/yr
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Spandana Sphoorty Financial Cluster Manager Salary and Career Growth

From

To

Cluster Manager

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0 - 10 years exp.

Divisional Manager

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3 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Spandana Sphoorty Financial

Cluster Head Salary
(3 salaries)
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₹4.3 L/yr - ₹6.5 L/yr
Area Manager Salary
(3 salaries)
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₹5 L/yr - ₹9 L/yr
Deputy Manager Salary
(9 salaries)
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₹6.65 L/yr - ₹8.4 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Manager Salary
(5 salaries)
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₹2.4 L/yr - ₹5 L/yr
Branch Manager Salary
(152 salaries)
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₹1.4 L/yr - ₹6.05 L/yr
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₹1.8 L/yr - ₹3.2 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Officer Salary
(4 salaries)
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₹1.1 L/yr - ₹2.75 L/yr

Top skills at Spandana Sphoorty Financial for Cluster Manager

Branch Management Cluster Operations Business Development Microfinance Branch Handling Area Management Area Sales Management Sales Management Field Operations Sales Rural Finance

Salary related reviews for Spandana Sphoorty Financial

3.7

Rated by 46 employees for salary & benefits

Other Department

5.0
  •  posted on 08 Apr 2018

5.0
 for  Salary and Benefits

Likes

...y to me in this company , iam joined on 13/08/2015 , company given promotions 2.2yrs in cluster manager, my salary taking in 40000above.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No limit time in this work

Customer Success, Service & Operations Department

1.0
  •  posted on 05 Mar 2021

1.0
 for  Salary and Benefits

Likes

If you hate your family join spandana sphoorty, No family No week off, only begging infornt of borrowers houses. You can enjoy 24/7 beeging shiftm.... Very wonderfull to work with senior management ... They treat you like a begger infornt of temple... One and only worst never ever after company...

read more

Dislikes

They give you salary like throwing biscuits to dog that too half biscuit....

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

5.0
  •  posted on 26 Nov 2019

5.0
 for  Salary and Benefits

Likes

There is salary and appraisal are done with comfortable and learning some trick to crack the any uncomfortable situation.how to over come from pressure.

read more
  • Salary - Excellent
  • +5 more

Dislikes

growth slow work pressure hihg i have worked 12-14 hours

Finance & Accounting Department

5.0
  •  posted on 01 Aug 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, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics 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 cannot resign. On the job training is not given to new joinees.

read more

Full Time

 · 

Other Department

1.0
  •  posted on 26 Feb 2025

1.0
 for  Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Spandana Sphoorty Financial Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Spandana Sphoorty Financial ?
The average salary of a Cluster Manager at Spandana Sphoorty Financial in India typically ranges from ₹3.2 Lakhs to ₹7.2 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Cluster Manager at Spandana Sphoorty Financial earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Cluster Manager Salaries at Spandana Sphoorty Financial 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 70+ Spandana Sphoorty Financial employees in India.
What is the estimated take home salary of a Cluster Manager at Spandana Sphoorty Financial in India?
The estimated take-home salary of a Cluster Manager at Spandana Sphoorty Financial in India typically ranges from ₹40,300 to ₹41,461 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from Fresher to 10 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 70+ salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Cluster Manager at Spandana Sphoorty Financial ?
To be a Cluster Manager at Spandana Sphoorty Financial in india, the key skills required include:

  • - Branch Management
  • - Cluster Operations
  • - Business Development
  • - Microfinance
  • - Branch Handling

These skills are highly valued at Spandana Sphoorty Financial and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Spandana Sphoorty Financial for Cluster Manager in India?
Bajaj Finance ₹8.6 Lakhs to ₹29.5 Lakhs per year
HDB Financial Services ₹9.5 Lakhs to ₹26.0 Lakhs per year
Poonawalla Fincorp ₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital ₹11.0 Lakhs to ₹17.5 Lakhs per year
Tata Capital Housing Finance ₹7.3 Lakhs to ₹17.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Spandana Sphoorty Financial, depending on the role and experience level.
What is the salary of a Cluster Manager in companies similar to Spandana Sphoorty Financial in India?
The salary of a Cluster Manager at companies similar to Spandana Sphoorty Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

PNB Housing Finance ₹5.0 Lakhs to ₹17.3 Lakhs per year
SMFG India Credit ₹5.0 Lakhs to ₹21.0 Lakhs per year
Aavas Financiers ₹7.7 Lakhs to ₹15.5 Lakhs per year
SK Finance Limited ₹5.8 Lakhs to ₹15.0 Lakhs per year
LendingKart ₹5.5 Lakhs to ₹16.5 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 Spandana Sphoorty Financial in India?
The salary growth for a Cluster Manager at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience Average Salary Range
Fresher ₹3.5 Lakhs to ₹6.5 Lakhs per year
1 year ₹3.2 Lakhs to ₹6.5 Lakhs per year
2 years ₹3.3 Lakhs to ₹6.0 Lakhs per year
3 years ₹3.6 Lakhs to ₹6.5 Lakhs per year
and so on.

Tell us how to improve this page.

Spandana Sphoorty Financial Cluster Manager salary in India ranges between ₹3.2 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 75 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.