Spandana Sphoorty Financial Cluster Manager Salaries by 70+ Employees (Updated 2025)

0 - 10 years exp.

₹3.2 Lakhs - ₹7.2 Lakhs

Salary of majority employees

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)	₹3.4 L/yr - ₹6.5 L/yr
Sales & Business Development Cluster Manager Salary 1 - 9 years exp. (11 salaries)	₹4.9 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Cluster Manager Salary 1 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹7.2 L/yr
Finance & Accounting Cluster Manager Salary 1 - 10 years exp. (8 salaries)	₹3.8 L/yr - ₹5.3 L/yr
Marketing & Communication Cluster Manager Salary 0 - 6 years exp. (4 salaries)	₹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
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (295 salaries)	₹8.6 L/yr - ₹29.5 L/yr 261% more	108 job openings
HDB Financial Services Cluster Manager Salary 12 - 23 years exp. (233 salaries)	₹9.5 L/yr - ₹26 L/yr 234% more	8 job openings
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Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (142 salaries)	₹4.1 L/yr - ₹11 L/yr 30% more	4 job openings
SMFG India Credit Cluster Manager Salary 7 - 19 years exp. (75 salaries)	₹5 L/yr - ₹21 L/yr 121% more
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	₹5.3 L/yr - ₹8.4 L/yr 26% more
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 94% more
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 87% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	₹3.7 L/yr - ₹7.5 L/yr 14% more	1 job opening
SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹5.8 L/yr - ₹15 L/yr 97% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 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.

Experience wise Spandana Sphoorty Financial Cluster Manager salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
Fresher (9 salaries)	₹3.5 L/yr - ₹6.5 L/yr
1 year (15 salaries)	₹3.2 L/yr - ₹6.5 L/yr
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2 years (11 salaries)	₹3.3 L/yr - ₹6 L/yr
3 years (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr
4 years (6 salaries)	₹3.4 L/yr - ₹7 L/yr
5 years (3 salaries)	₹3.6 L/yr - ₹9.6 L/yr
6 years (4 salaries)	₹3.6 L/yr - ₹7.2 L/yr
7 years (6 salaries)	₹4 L/yr - ₹6 L/yr
8 years (5 salaries)	₹4.2 L/yr - ₹6 L/yr
9 years (6 salaries)	₹4 L/yr - ₹5.8 L/yr
10 years (5 salaries)	₹3.6 L/yr - ₹7 L/yr

View all

From

Cluster Manager

0 - 10 years exp.

Divisional Manager

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)

₹4.3 L/yr - ₹6.5 L/yr

Area Manager Salary

(3 salaries)

₹5 L/yr - ₹9 L/yr

Deputy Manager Salary

(9 salaries)

₹6.65 L/yr - ₹8.4 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Manager Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Branch Manager Salary

(152 salaries)

₹1.4 L/yr - ₹6.05 L/yr

Relationship Manager Salary

(5 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Officer Salary

(4 salaries)

₹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

Cluster Manager in Shivamogga

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.

Salary - Excellent

+6 more

Dislikes

No limit time in this work

Branch Manager in Hyderabad / Secunderabad

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...

Dislikes

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

Salary - Bad

+6 more

Branch Manager

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.

Salary - Excellent

+5 more

Dislikes

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

Branch Manager in Katol

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.

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.

CLO in Choutuppal

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.

Salary - Bad

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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.

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Spandana Sphoorty Financial Cluster Manager Salaries by Location

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Spandana Sphoorty Financial Cluster Manager Salaries

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

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

Companies similar to Spandana Sphoorty Financial for Cluster Manager

Latest annual salaries shared by Spandana Sphoorty Financial Cluster Manager

Experience wise Spandana Sphoorty Financial Cluster Manager salaries

Similar Designation salaries in Spandana Sphoorty Financial

Top skills at Spandana Sphoorty Financial for Cluster Manager

Salary related reviews for Spandana Sphoorty Financial

Cluster Manager in Shivamogga

Branch Manager in Hyderabad / Secunderabad

Branch Manager

Branch Manager in Katol

CLO in Choutuppal

Spandana Sphoorty Financial Cluster Manager Salary FAQs

Tell us how to improve this page.

Spandana Sphoorty Financial Cluster Manager Salaries by Location