Spandana Sphoorty Financial Bhopal Cluster Manager Salaries by 4 Employees

0 - 8 years exp.

₹4.8 Lakhs - ₹6.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% less than the average Cluster Manager Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

Marketing & Communication Cluster Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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Sales & Business Development Cluster Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to Spandana Sphoorty Financial for Cluster Manager in Bhopal

Spandana Sphoorty Financial Cluster Manager Salary

0 - 8 years exp. (4 salaries)

₹4.8 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Cluster Manager Salary 8 - 11 years exp. (4 salaries)	₹9.8 L/yr - ₹13.5 L/yr 81% more
SK Finance Limited Cluster Manager Salary 10 - 15 years exp. (4 salaries)	₹5.8 L/yr - ₹12 L/yr 78% more
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HDB Financial Services Cluster Manager Salary 16 - 20 years exp. (3 salaries)	₹15.5 L/yr - ₹25 L/yr 260% more	8 job openings
IDFC FIRST Bank Cluster Manager Salary 9 - 15 years exp. (9 salaries)	₹9 L/yr - ₹18 L/yr 117% more
XpressBees Cluster Manager Salary 5 - 10 years exp. (6 salaries)	₹4.2 L/yr - ₹4.8 L/yr 25% less

Cluster Manager salary at Spandana Sphoorty Financial ranges between ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Cluster Manager salaries in Bhopal

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
1 year (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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2 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
3 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr

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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.

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

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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Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Spandana Sphoorty Financial Cluster Manager Salary FAQs

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

The average salary of a Cluster Manager at Spandana Sphoorty Financial in Bhopal typically ranges from ₹4.8 Lakhs to ₹6.2 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Cluster Manager in Bhopal at Spandana Sphoorty Financial earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 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 4 Spandana Sphoorty Financial employees in India.

What is the estimated take home salary of a Cluster Manager at Spandana Sphoorty Financial in Bhopal?

The estimated take-home salary of a Cluster Manager at Spandana Sphoorty Financial in Bhopal typically ranges from ₹44,647 to ₹45,743 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from Fresher to 8 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 4 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 Bhopal?

To be a Cluster Manager at Spandana Sphoorty Financial in Bhopal, 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	₹15.5 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank	₹9.0 Lakhs to ₹18.0 Lakhs per year
Mahindra Finance	₹9.8 Lakhs to ₹13.5 Lakhs per year
SK Finance Limited	₹5.8 Lakhs to ₹12.0 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 Bhopal?

The salary of a Cluster Manager at companies similar to Spandana Sphoorty Financial in Bhopal varies, depending on the role, experience, and company size. Here are the typical salary ranges:

XpressBees

₹4.2 Lakhs to ₹4.8 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 Bhopal?

The salary growth for a Cluster Manager at Spandana Sphoorty Financial in Bhopal depends on factors such as experience, performance, and promotions. On average, a Cluster Manager in Bhopal can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
Fresher	₹5.2 Lakhs to ₹6.6 Lakhs per year
1 year	₹5.2 Lakhs to ₹6.7 Lakhs per year
2 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
3 years	₹5.3 Lakhs to ₹6.7 Lakhs per year

and so on.

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Spandana Sphoorty Financial Cluster Manager Salaries in Bhopal

Spandana Sphoorty Financial Cluster Manager salary in Bhopal ranges between ₹4.8 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.