Sundaram Finance Cluster Manager Salaries by 4 Employees

9 - 15 years exp.

₹6 Lakhs - ₹10.3 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Cluster Manager Salary in NBFC Companies for 9 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.7 L/yr
Login to view exact salary
Product Management Cluster Manager Salary 11 - 15 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Sundaram Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (312 salaries)	₹8.8 L/yr - ₹29.5 L/yr 138% more	108 job openings
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 29% more
Login to view exact salary
Cholamandalam Investment & Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹13 L/yr 30% more
ICICI Prudential Life Insurance Cluster Manager Salary 5 - 19 years exp. (33 salaries)	₹6.1 L/yr - ₹17 L/yr 18% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 18% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 52% more	1 job opening
Aditya Birla Capital Cluster Manager Salary 0 - 13 years exp. (175 salaries)	₹5 L/yr - ₹13 L/yr 5% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 21% less
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (145 salaries)	₹4 L/yr - ₹10.6 L/yr 13% less	3 job openings
Spandana Sphoorty Financial Cluster Manager Salary 0 - 10 years exp. (75 salaries)	₹3.2 L/yr - ₹7.2 L/yr 34% less
Bharat Financial Inclusion Cluster Manager Salary 0 - 12 years exp. (70 salaries)	₹5.3 L/yr - ₹8.4 L/yr 16% less
Login to view exact salary
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 24% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	₹3.7 L/yr - ₹7.5 L/yr 24% less	1 job opening
SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹5.8 L/yr - ₹15 L/yr 31% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 18% less
Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	₹12 L/yr - ₹21.5 L/yr 91% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 13% less
Aavas Financiers Cluster Manager Salary 7 - 15 years exp. (6 salaries)	₹7 L/yr - ₹13 L/yr 9% more
CreditAccess Grameen Cluster Manager Salary 7 - 17 years exp. (6 salaries)	₹2.2 L/yr - ₹4.3 L/yr 57% less
Capri Global Capital Cluster Manager Salary 14 - 17 years exp. (5 salaries)	₹11 L/yr - ₹17.5 L/yr 87% more

View all

Cluster Manager salary at Sundaram Finance ranges between ₹6 Lakhs to ₹10.3 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Finance.

Experience wise Sundaram Finance Cluster Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
14 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
15+ years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10.3 L/yr

View all

Similar Designation salaries in Sundaram Finance

Store Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Cluster Head Salary

(6 salaries)

₹23.5 L/yr - ₹26 L/yr

Deputy Manager Salary

(139 salaries)

₹5.15 L/yr - ₹11.44 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹5.8 L/yr

Branch Manager Salary

(40 salaries)

₹6 L/yr - ₹10.6 L/yr

Territory Manager Salary

(6 salaries)

₹17 L/yr - ₹23.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(13 salaries)

₹2 L/yr - ₹8 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Salary related reviews for Sundaram Finance

4.2

Rated by 9 employees for salary & benefits

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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about Sundaram Finance?

Ask anonymously on communities.

Sundaram Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Sundaram Finance ?

The average salary of a Cluster Manager at Sundaram Finance in India typically ranges from ₹6.0 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Cluster Manager at Sundaram Finance earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Cluster Manager 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 Manager at Sundaram Finance in India?

The estimated take-home salary of a Cluster Manager at Sundaram Finance in India typically ranges from ₹59,278 to ₹60,774 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 9 years to 15 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.

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

Bajaj Finance	₹8.8 Lakhs to ₹29.5 Lakhs per year
Poonawalla Fincorp	₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital	₹11.0 Lakhs to ₹17.5 Lakhs per year
Tata Capital Housing Finance	₹7.3 Lakhs to ₹17.7 Lakhs per year
Tata Capital	₹6.5 Lakhs to ₹15.5 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 Manager in companies similar to Sundaram Finance in India?

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

PNB Housing Finance	₹5.0 Lakhs to ₹17.3 Lakhs per year
SK Finance Limited	₹5.8 Lakhs to ₹15.0 Lakhs per year
LendingKart	₹5.5 Lakhs to ₹16.5 Lakhs per year
Cholamandalam Investment & Finance	₹9.6 Lakhs to ₹13.0 Lakhs per year
Mahindra Finance	₹6.5 Lakhs to ₹16.0 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 Manager at Sundaram Finance in India?

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

Experience	Average Salary Range
9 years	₹6.0 Lakhs to ₹13.5 Lakhs per year
10 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
11 years	₹6.7 Lakhs to ₹8.0 Lakhs per year
12 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Sundaram Finance Salaries >
Sundaram Finance Cluster Manager Salaries

Sundaram Finance Cluster Manager salary in India ranges between ₹6 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sundaram Finance latest salaries received from various employees of Sundaram Finance.