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Sundaram Finance Cluster Manager salaries in India

Annual salary range
9 - 15 years exp.
₹6 Lakhs - ₹10.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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13% less than the average Cluster Manager Salary in NBFC Companies for 9 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
9 - 11 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹8.7 L/yr

Product Management
Cluster Manager Salary
11 - 15 years exp. (AmbitionBox Estimate)
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₹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
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Bajaj Finance Cluster Manager Salary

5 - 17 years exp. (312 salaries)

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₹8.8 L/yr - ₹29.5 L/yr

arrow icon 138% more
108 job openings
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Mahindra Finance Cluster Manager Salary

8 - 19 years exp. (34 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 29% more
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₹9.6 L/yr - ₹13 L/yr

arrow icon 30% more
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₹6.1 L/yr - ₹17 L/yr

arrow icon 18% more
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Kotak Mahindra Bank Cluster Manager Salary

4 - 16 years exp. (63 salaries)

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₹3.9 L/yr - ₹16.2 L/yr

arrow icon 18% more
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Tata Capital Cluster Manager Salary

6 - 16 years exp. (22 salaries)

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₹6.5 L/yr - ₹15.5 L/yr

arrow icon 52% more
1 job opening
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Aditya Birla Capital Cluster Manager Salary

0 - 13 years exp. (175 salaries)

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₹5 L/yr - ₹13 L/yr

arrow icon 5% more
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L&T Finance Cluster Manager Salary

3 - 12 years exp. (8 salaries)

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₹4.2 L/yr - ₹8.1 L/yr

arrow icon 21% less
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Muthoot Finance Cluster Manager Salary

8 - 20 years exp. (145 salaries)

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₹4 L/yr - ₹10.6 L/yr

arrow icon 13% less
3 job openings
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₹3.2 L/yr - ₹7.2 L/yr

arrow icon 34% less
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₹5.3 L/yr - ₹8.4 L/yr

arrow icon 16% less
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Kotak Mahindra Prime Cluster Manager Salary

7 - 17 years exp. (19 salaries)

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₹6.5 L/yr - ₹11.5 L/yr

arrow icon 24% more
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IIFL Finance Cluster Manager Salary

3 - 15 years exp. (17 salaries)

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₹3.7 L/yr - ₹7.5 L/yr

arrow icon 24% less
1 job opening
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SK Finance Limited Cluster Manager Salary

9 - 15 years exp. (13 salaries)

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₹5.8 L/yr - ₹15 L/yr

arrow icon 31% more
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Muthoot Fincorp Cluster Manager Salary

10 - 14 years exp. (10 salaries)

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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 18% less
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Poonawalla Fincorp Cluster Manager Salary

9 - 16 years exp. (7 salaries)

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₹12 L/yr - ₹21.5 L/yr

arrow icon 91% more
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₹3.4 L/yr - ₹11 L/yr

arrow icon 13% less
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Aavas Financiers Cluster Manager Salary

7 - 15 years exp. (6 salaries)

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₹7 L/yr - ₹13 L/yr

arrow icon 9% more
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CreditAccess Grameen Cluster Manager Salary

7 - 17 years exp. (6 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 57% less
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Capri Global Capital Cluster Manager Salary

14 - 17 years exp. (5 salaries)

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₹11 L/yr - ₹17.5 L/yr

arrow icon 87% more
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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.

Latest annual salaries shared by Sundaram Finance Cluster Manager

1y ago
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9 years exp.
1y ago
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11 years exp.
1y ago
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15 years exp.
1y ago
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11 years exp.

Experience wise Sundaram Finance Cluster Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹6 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
11 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in Sundaram Finance

Store Manager Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Cluster Head Salary
(6 salaries)
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₹23.5 L/yr - ₹26 L/yr
Deputy Manager Salary
(139 salaries)
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₹5.15 L/yr - ₹11.44 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Sales Manager Salary
(4 salaries)
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₹2.75 L/yr - ₹5.8 L/yr
Branch Manager Salary
(40 salaries)
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₹6 L/yr - ₹10.6 L/yr
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₹17 L/yr - ₹23.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
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₹2 L/yr - ₹8 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.2 L/yr

Salary related reviews for Sundaram Finance

4.2

Rated by 9 employees for salary & benefits

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.

read more
  • 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.

read more

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.

read more
  • Job security - Good
  • +1 more

Dislikes

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

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  • Salary - Poor
  • +3 more

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.

read more
  • Salary - Poor
  • +2 more

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.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Appraisal and compensation.

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.

read more
  • Salary - Excellent
  • +6 more
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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.

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