Spandana Sphoorty Financial Senior Cluster Manager Salaries by 10 Employees

10 - 17 years exp.

₹4.4 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

44% less than the average Senior Cluster Manager Salary in NBFC Companies for 10 - 17 years of experience

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Salaries in different departments

Sales & Business Development Senior Cluster Manager Salary 11 - 17 years exp. (5 salaries)	₹6 L/yr - ₹8.4 L/yr
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Finance & Accounting Senior Cluster Manager Salary 10 - 14 years exp. (3 salaries)	₹4.4 L/yr - ₹9 L/yr

Last Updated: 29 Jun 2024

Companies similar to Spandana Sphoorty Financial for Senior Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Cluster Manager Salary 6 - 17 years exp. (197 salaries)	₹13 L/yr - ₹33 L/yr 201% more	1 job opening
Bharat Financial Inclusion Senior Cluster Manager Salary 0 - 3 years exp. (10 salaries)	₹7.2 L/yr - ₹9.5 L/yr At par
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Muthoot Finance Senior Cluster Manager Salary 14 - 15 years exp. (4 salaries)	₹4.8 L/yr - ₹9 L/yr 7% less
SMFG India Credit Senior Cluster Manager Salary 14 - 19 years exp. (4 salaries)	₹9.9 L/yr - ₹12.7 L/yr 37% more
Bajaj Allianz Life Insurance Senior Cluster Manager Salary 8 - 19 years exp. (230 salaries)	₹7 L/yr - ₹15.1 L/yr 42% more

Senior Cluster Manager salary at Spandana Sphoorty Financial ranges between ₹4.4 Lakhs to ₹9 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 10 latest salaries received from various employees of Spandana Sphoorty Financial.

Latest annual salaries shared by Spandana Sphoorty Financial Senior Cluster Manager

6mo ago

₹7.2 Lakhs

14 years exp.

7mo ago

₹7.4 Lakhs

17 years exp.

10mo ago

₹9 Lakhs

14 years exp.

1y ago

₹7.8 Lakhs

14 years exp.

1y ago

₹6 Lakhs

12 years exp.

1y ago

11 years exp.

1y ago

13 years exp.

1y ago

10 years exp.

Experience wise Spandana Sphoorty Financial Senior Cluster Manager salaries

Last Updated: 29 Jun 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹13.7 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.9 L/yr
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12 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9 L/yr
14 years (3 salaries)	₹7.2 L/yr - ₹9 L/yr
15+ years (AmbitionBox Estimate)	₹6.6 L/yr - ₹14.9 L/yr

View all

Similar Designation salaries in Spandana Sphoorty Financial

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Cluster Manager Salary

(75 salaries)

₹3.15 L/yr - ₹7.2 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(9 salaries)

₹6.65 L/yr - ₹8.4 L/yr

Sales Manager Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Area Manager Salary

(3 salaries)

₹5 L/yr - ₹9 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

Cluster Head Salary

(3 salaries)

₹4.3 L/yr - ₹6.5 L/yr

Branch Manager Salary

(154 salaries)

₹1.5 L/yr - ₹6.15 L/yr

Salary related reviews for Spandana Sphoorty Financial

4.1

Rated by 2 employees for salary & benefits

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.

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Spandana Sphoorty Financial Senior Cluster Manager Salary FAQs

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

The average salary of a Senior Cluster Manager at Spandana Sphoorty Financial in India typically ranges from ₹4.4 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 10 years to 17 years).

The top 10% of Senior Cluster Manager at Spandana Sphoorty Financial earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Senior 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 10 Spandana Sphoorty Financial employees in India.

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

The estimated take-home salary of a Senior Cluster Manager at Spandana Sphoorty Financial in India typically ranges from ₹59,079 to ₹60,570 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 10 years to 17 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 10 salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spandana Sphoorty Financial for Senior Cluster Manager in India?

Bajaj Finance	₹13.0 Lakhs to ₹33.0 Lakhs per year
Bajaj Allianz Life Insurance	₹7.0 Lakhs to ₹15.1 Lakhs per year
SMFG India Credit	₹9.9 Lakhs to ₹12.7 Lakhs per year
Bharat Financial Inclusion	₹7.2 Lakhs to ₹9.5 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 Senior Cluster Manager in companies similar to Spandana Sphoorty Financial in India?

The salary of a Senior 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:

Muthoot Finance

₹4.8 Lakhs to ₹9.0 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 Senior Cluster Manager at Spandana Sphoorty Financial in India?

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

Experience	Average Salary Range
10 years	₹4.4 Lakhs to ₹13.7 Lakhs per year
11 years	₹6.0 Lakhs to ₹13.9 Lakhs per year
12 years	₹6.0 Lakhs to ₹9.0 Lakhs per year
13 years	₹3.2 Lakhs to ₹9.0 Lakhs per year

and so on.

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Spandana Sphoorty Financial Senior Cluster Manager Salaries

Spandana Sphoorty Financial Senior Cluster Manager salary in India ranges between ₹4.4 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.