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

1 - 13 years exp.

₹3.2 Lakhs - ₹7 Lakhs

Salary of majority employees

43% less than the average Cluster Manager Salary in NBFC Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 1 - 12 years exp. (11 salaries)	₹3.4 L/yr - ₹4.9 L/yr
Finance & Accounting Cluster Manager Salary 1 - 12 years exp. (11 salaries)	₹3.8 L/yr - ₹6 L/yr
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Sales & Business Development Cluster Manager Salary 1 - 9 years exp. (11 salaries)	₹4.9 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Cluster Manager Salary 1 - 10 years exp. (8 salaries)	₹3.6 L/yr - ₹7 L/yr
Marketing & Communication Cluster Manager Salary 2 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹6.1 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. (275 salaries)	₹8 L/yr - ₹29.5 L/yr 274% more	107 job openings
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (144 salaries)	₹4 L/yr - ₹10.6 L/yr 35% more	3 job openings
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SMFG India Credit Cluster Manager Salary 8 - 19 years exp. (72 salaries)	₹5 L/yr - ₹21 L/yr 131% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 22% more
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 99% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 134% more
Cholamandalam Investment & Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹13 L/yr 100% more
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 115% more
HDB Financial Services Cluster Manager Salary 10 - 23 years exp. (242 salaries)	₹9.5 L/yr - ₹26 L/yr 240% more	4 job openings
AU Small Finance Bank Cluster Manager Salary 12 - 19 years exp. (89 salaries)	₹8 L/yr - ₹29.1 L/yr 224% more

View all

Cluster Manager salary at Spandana Sphoorty Financial ranges between ₹3.2 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 72 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
1 year (15 salaries)	₹3.2 L/yr - ₹6.5 L/yr
2 years (12 salaries)	₹3.3 L/yr - ₹6 L/yr
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3 years (5 salaries)	₹3.6 L/yr - ₹6.5 L/yr
4 years (5 salaries)	₹3.4 L/yr - ₹6 L/yr
5 years (3 salaries)	₹3.6 L/yr - ₹9.3 L/yr
6 years (3 salaries)	₹3.6 L/yr - ₹6.1 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 (7 salaries)	₹4 L/yr - ₹5.8 L/yr
10 years (5 salaries)	₹3.6 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.8 L/yr

View all

From

Cluster Manager

1 - 13 years exp.

Divisional Manager

₹

Lakhs/yr

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

(153 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

3.6

Rated by 45 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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Salary Discussions, Hike & Promotions

2w (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.

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Spandana Sphoorty Financial Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Spandana Sphoorty Financial?

Cluster Manager salary at Spandana Sphoorty Financial in India ranges between ₹3.2 Lakhs to ₹7.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 43% less than the average Cluster Manager Salary in India. Salary estimates are based on 72 latest salaries received from various employees of Spandana Sphoorty Financial India.

How does the salary of a Cluster Manager at Spandana Sphoorty Financial India compare with the average salary range for this job?

The average salary of a Cluster Manager at Spandana Sphoorty Financial is 43% 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 Spandana Sphoorty Financial?

Branch Management, Cluster Operations, Business Development, Microfinance and Branch Handling are some of the popular skills required to work as a Cluster Manager at Spandana Sphoorty Financial India.

Which similar companies are paying more than Spandana Sphoorty Financial to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹8.0 Lakhs to ₹29.5 Lakhs per year
HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹26.0 Lakhs per year
AU Small Finance Bank Cluster Manager Salary - ₹8.0 Lakhs to ₹29.1 Lakhs per year
Poonawalla Fincorp Cluster Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital Cluster Manager Salary - ₹11.0 Lakhs to ₹17.5 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Spandana Sphoorty Financial in India?

Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year
Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
SMFG India Credit Cluster Manager Salary - ₹5.0 Lakhs to ₹21.0 Lakhs per year
Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
SK Finance Limited Cluster Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year

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 ranges between ₹39,287 per month to ₹40,463 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial Cluster Manager salary in India which ranges between ₹3.2 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Spandana Sphoorty Financial?

According to AmbitionBox, 46% of the Spandana Sphoorty Financial Cluster Managers reported a notice period of 3 Months, 31% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

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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 Lakhs with an average annual salary of ₹. Salary estimates are based on 72 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