Spandana Sphoorty Financial Hyderabad / Secunderabad Cluster Manager Salaries by 8 Employees

1 - 6 years exp.

₹4.2 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% less than the average Cluster Manager Salary in NBFC Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.2 L/yr
Finance & Accounting Cluster Manager Salary 1 year exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.6 L/yr
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Customer Success, Service & Operations Cluster Manager Salary 1 year exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr
Marketing & Communication Cluster Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.1 L/yr
Sales & Business Development Cluster Manager Salary 3 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.5 L/yr

Last Updated: 20 Mar 2023

Companies similar to Spandana Sphoorty Financial for Cluster Manager in Hyderabad / Secunderabad

Spandana Sphoorty Financial Cluster Manager Salary

1 - 6 years exp. (8 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Cluster Manager Salary 14 - 22 years exp. (16 salaries)	₹13.6 L/yr - ₹22 L/yr 231% more	8 job openings
Muthoot Finance Cluster Manager Salary 9 - 19 years exp. (11 salaries)	₹4.4 L/yr - ₹8 L/yr 26% more	2 job openings
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Bajaj Finance Cluster Manager Salary 7 - 17 years exp. (6 salaries)	₹13 L/yr - ₹20 L/yr 238% more	27 job openings
Bharat Financial Inclusion Cluster Manager Salary 0 - 2 years exp. (3 salaries)	₹6.8 L/yr - ₹8.2 L/yr 24% more
Mahindra Finance Cluster Manager Salary 11 - 19 years exp. (3 salaries)	₹6.5 L/yr - ₹15 L/yr 83% more

Cluster Manager salary at Spandana Sphoorty Financial ranges between ₹4.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Cluster Manager salaries in Hyderabad / Secunderabad

Last Updated: 20 Mar 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹4.2 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 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

Branch Manager Salary

(15 salaries)

₹1.5 L/yr - ₹6 L/yr

Deputy Manager Salary

(5 salaries)

₹6.8 L/yr - ₹8 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

3.0

Rated by 10 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

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 Hyderabad / Secunderabad?

The average salary of a Cluster Manager at Spandana Sphoorty Financial in Hyderabad / Secunderabad typically ranges from ₹4.2 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Cluster Manager in Hyderabad / Secunderabad at Spandana Sphoorty Financial earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 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 8 Spandana Sphoorty Financial employees in India.

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

The estimated take-home salary of a Cluster Manager at Spandana Sphoorty Financial in Hyderabad / Secunderabad typically ranges from ₹43,062 to ₹44,181 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 8 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 Hyderabad / Secunderabad?

To be a Cluster Manager at Spandana Sphoorty Financial in Hyderabad / Secunderabad, 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	₹13.0 Lakhs to ₹20.0 Lakhs per year
HDB Financial Services	₹13.6 Lakhs to ₹22.0 Lakhs per year
Mahindra Finance	₹6.5 Lakhs to ₹15.0 Lakhs per year
Muthoot Finance	₹4.4 Lakhs to ₹8.0 Lakhs per year
Bharat Financial Inclusion	₹6.8 Lakhs to ₹8.2 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.

How the salary growth look like for a Cluster Manager at Spandana Sphoorty Financial in Hyderabad / Secunderabad?

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

Experience	Average Salary Range
1 year	₹4.2 Lakhs to ₹6.5 Lakhs per year
2 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
3 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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Spandana Sphoorty Financial Cluster Manager Salaries in Hyderabad / Secunderabad

Spandana Sphoorty Financial Cluster Manager salary in Hyderabad / Secunderabad ranges between ₹4.2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.