Sundaram Finance Hyderabad / Secunderabad Cluster Head Salaries by 4 Employees

21 - 23 years exp.

₹23.5 Lakhs - ₹26 Lakhs

Avg. annual salary

Monthly In-hand Salary

57% more than the average Cluster Head Salary in NBFC Companies for 21 - 23 years of experience

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Salaries in different departments

Finance & Accounting Cluster Head Salary 22 - 23 years exp. (AmbitionBox Estimate)	₹21.2 L/yr - ₹25.9 L/yr
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BFSI, Investments & Trading Cluster Head Salary 21 years exp. (AmbitionBox Estimate)	₹21.2 L/yr - ₹25.9 L/yr

Last Updated: 16 Dec 2023

Companies similar to Sundaram Finance for Cluster Head in Hyderabad / Secunderabad

Sundaram Finance Cluster Head Salary

21 - 23 years exp. (4 salaries)

₹23.5 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Cluster Head Salary 10 - 12 years exp. (3 salaries)	₹6.5 L/yr - ₹8.8 L/yr 66% less
HDFC Bank Cluster Head Salary 9 - 21 years exp. (11 salaries)	₹10 L/yr - ₹39.8 L/yr 9% less
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IDFC FIRST Bank Cluster Head Salary 12 - 20 years exp. (11 salaries)	₹14 L/yr - ₹43.6 L/yr 2% more
Ecom Express Cluster Head Salary 2 - 9 years exp. (9 salaries)	₹4.1 L/yr - ₹6 L/yr 78% less	2 job openings
Ninjacart Cluster Head Salary 3 - 12 years exp. (8 salaries)	₹8.5 L/yr - ₹10.1 L/yr 64% less

Cluster Head salary at Sundaram Finance ranges between ₹23.5 Lakhs to ₹26 Lakhs per year for employees with experience between 21 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Finance.

Experience wise Sundaram Finance Cluster Head salaries in Hyderabad / Secunderabad

Last Updated: 16 Dec 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹23.5 L/yr - ₹44.3 L/yr
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Similar Designation salaries in Sundaram Finance

Deputy Manager Salary

(6 salaries)

₹7.8 L/yr - ₹10.02 L/yr

Sales Executive Salary

(4 salaries)

₹2.4 L/yr - ₹3.05 L/yr

Top skills at Sundaram Finance for Cluster Head

Credit Underwriting Credit Analysis

Salary related reviews for Sundaram Finance

Territory Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

The thing which I liked is lost, the USP of Sundaram is gone, no value for talent, only favourism works here. The atmosphere has worsened in the last 4 years and is going to be worse in the coming days too.

Job security - Good

+1 more

Dislikes

Favourism, no value of talent, no motivations, very late promotions and miniscule salary hikes

Salary - Poor

+3 more

Deputy Manager in Jaipur

Full Time

Finance & Accounting Department

3.0

• posted on 03 May 2023

2.0

for Salary and Benefits

Likes

Job security, family based environment and sundaram values that existed in past.

Job security - Good

Dislikes

Transfer to other deparments without discussion, slow promotions, Employee unfriendly salary structures, NO time for family.

Salary - Poor

+2 more

Deputy Manager in Chennai

Full Time

Credit Operation Department

5.0

• posted on 05 Apr 2022

3.0

for Salary and Benefits

Likes

...ds on how one takes advantage of the same. Support from management for learning. Not big on compensation for middle level employees.

Skill development - Excellent

+5 more

Dislikes

Appraisal and compensation.

Sales Executive in Solapur

Sales & Business Development Department

5.0

• posted on 08 Feb 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

Cluster Manager in Khammam

Sales & Business Development Department

5.0

• posted on 17 Dec 2019

4.0

for Salary and Benefits

Likes

I am proud to be working in the company. Good support from Higher officials in the company. Company given enough product training. Working environment is good. Very good quality client base.

Salary - Good

+4 more

Dislikes

As per my KRA, I am not getting salary. As a cluster manager in this distribution system taking care of about 10 branches and 5 products salary has to hike as per responsibilities.

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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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Sundaram Finance Cluster Head Salary FAQs

What is the salary of Cluster Head at Sundaram Finance in Hyderabad / Secunderabad?

The average salary of a Cluster Head at Sundaram Finance in Hyderabad / Secunderabad typically ranges from ₹23.5 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 21 years to 23 years).

The top 10% of Cluster Head in Hyderabad / Secunderabad at Sundaram Finance earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Cluster Head Salaries at Sundaram Finance 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 Sundaram Finance employees in India.

What is the estimated take home salary of a Cluster Head at Sundaram Finance in Hyderabad / Secunderabad?

The estimated take-home salary of a Cluster Head at Sundaram Finance in Hyderabad / Secunderabad typically ranges from ₹1,56,401 to ₹1,62,336 per month. This is based on the average salary range of ₹23.5 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 21 years to 23 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 Sundaram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Head at Sundaram Finance in Hyderabad / Secunderabad?

To be a Cluster Head at Sundaram Finance in Hyderabad / Secunderabad, the key skills required include:

- Credit Underwriting
- Credit Analysis

These skills are highly valued at Sundaram Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Sundaram Finance for Cluster Head in India?

IDFC FIRST Bank

₹14.0 Lakhs to ₹43.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sundaram Finance, depending on the role and experience level.

What is the salary of a Cluster Head in companies similar to Sundaram Finance in Hyderabad / Secunderabad?

The salary of a Cluster Head at companies similar to Sundaram Finance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹10.0 Lakhs to ₹39.8 Lakhs per year
Ninjacart	₹8.5 Lakhs to ₹10.1 Lakhs per year
IIFL Finance	₹6.5 Lakhs to ₹8.8 Lakhs per year
Ecom Express	₹4.1 Lakhs to ₹6.0 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 Cluster Head at Sundaram Finance in Hyderabad / Secunderabad?

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

Experience	Average Salary Range
15 years	₹23.5 Lakhs to ₹44.3 Lakhs per year

and so on.

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Sundaram Finance Cluster Head Salaries in Hyderabad / Secunderabad

Sundaram Finance Cluster Head salary in Hyderabad / Secunderabad ranges between ₹23.5 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sundaram Finance latest salaries received from various employees of Sundaram Finance.