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3.8

based on 875 Reviews

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Spandana Sphoorty Financial Cluster Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
3 - 10 years exp.
₹3.6 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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46% less than the average Cluster Manager Salary in NBFC Companies for 3 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Cluster Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹5.9 L/yr

Finance & Accounting
Cluster Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹5.2 L/yr

Sales & Business Development
Cluster Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.9 L/yr

Last Updated: 23 Feb 2025

Companies similar to Spandana Sphoorty Financial for Cluster Manager in Bangalore / Bengaluru

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Spandana Sphoorty Financial Cluster Manager Salary

3 - 10 years exp. (5 salaries)
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₹3.6 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDB Financial Services Cluster Manager Salary

17 - 21 years exp. (13 salaries)
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₹15 L/yr - ₹25 L/yr

arrow icon 275% more
 8 job openings
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Muthoot Finance Cluster Manager Salary

8 - 14 years exp. (8 salaries)
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₹4.4 L/yr - ₹11 L/yr

arrow icon 31% more
 2 job openings
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Bajaj Finance Cluster Manager Salary

5 - 11 years exp. (7 salaries)
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₹12 L/yr - ₹20.9 L/yr

arrow icon 258% more
 27 job openings
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Muthoot Fincorp Cluster Manager Salary

10 - 14 years exp. (6 salaries)
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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 33% more
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Bharat Financial Inclusion Cluster Manager Salary

2 - 12 years exp. (3 salaries)
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₹6.5 L/yr - ₹7.5 L/yr

arrow icon 29% more
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Mahindra Finance Cluster Manager Salary

10 - 16 years exp. (3 salaries)
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₹7.5 L/yr - ₹11.7 L/yr

arrow icon 96% more
Cluster Manager salary at Spandana Sphoorty Financial ranges between ₹3.6 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Cluster Manager in Bangalore / Bengaluru

1mo ago
₹5 Lakhs
7 years exp.
1mo ago
₹5 Lakhs
4 years exp.
5mo ago
₹6 Lakhs
4 years exp.

Experience wise Spandana Sphoorty Financial Cluster Manager salaries in Bangalore / Bengaluru

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
View all
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

Branch Manager Salary
(7 salaries)
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₹2.7 L/yr - ₹5.4 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

2.0

Rated by 1 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.

read more
  • 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...

read more

Dislikes

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

read more
  • 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.

read more
  • 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.

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

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.

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

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Spandana Sphoorty Financial Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru?
The average salary of a Cluster Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru typically ranges from ₹3.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Cluster Manager in Bangalore / Bengaluru at Spandana Sphoorty Financial earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 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 5 Spandana Sphoorty Financial employees in India.
What is the estimated take home salary of a Cluster Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru?
The estimated take-home salary of a Cluster Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru typically ranges from ₹39,940 to ₹41,106 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years 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 5 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 in Bangalore / Bengaluru?
To be a Cluster Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru, 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?
HDB Financial Services ₹15.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Finance ₹12.0 Lakhs to ₹20.9 Lakhs per year
Mahindra Finance ₹7.5 Lakhs to ₹11.7 Lakhs per year
Muthoot Fincorp ₹5.2 Lakhs to ₹10.5 Lakhs per year
Muthoot Finance ₹4.4 Lakhs to ₹11.0 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 Bangalore / Bengaluru?
The salary of a Cluster Manager at companies similar to Spandana Sphoorty Financial in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat Financial Inclusion ₹6.5 Lakhs to ₹7.5 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 Bangalore / Bengaluru?
The salary growth for a Cluster Manager at Spandana Sphoorty Financial in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Cluster Manager in Bangalore / Bengaluru can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience Average Salary Range
3 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
4 years ₹4.7 Lakhs to ₹6.1 Lakhs per year
5 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
6 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
and so on.

Tell us how to improve this page.

Spandana Sphoorty Financial Cluster Manager salary in Bangalore / Bengaluru ranges between ₹3.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.