Sundaram Finance Cluster Manager Salaries by 4 Employees (Updated 2025)

9 - 15 years exp.

₹6 Lakhs - ₹10.3 Lakhs

Low Confidence

Salary of majority employees

12% 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)	₹6 L/yr - ₹8.7 L/yr
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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 - 14 years exp. (302 salaries)	₹8.1 L/yr - ₹29.5 L/yr 140% more	37 job openings
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 29% more
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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 1 - 18 years exp. (39 salaries)	₹6.1 L/yr - ₹14 L/yr 10% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 20% more
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 52% more	2 job openings
Aditya Birla Capital Cluster Manager Salary 0 - 12 years exp. (164 salaries)	₹5 L/yr - ₹14 L/yr 2% 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. (144 salaries)	₹4 L/yr - ₹9.8 L/yr 12% less	2 job openings
Spandana Sphoorty Financial Cluster Manager Salary 1 - 13 years exp. (72 salaries)	₹3.2 L/yr - ₹7 L/yr 35% less
Bharat Financial Inclusion Cluster Manager Salary 0 - 9 years exp. (58 salaries)	₹5.3 L/yr - ₹8.4 L/yr 16% less
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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 16% less	2 job openings
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
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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

(137 salaries)

₹5.15 L/yr - ₹11.3 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

(41 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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Sundaram Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Sundaram Finance?

Cluster Manager salary at Sundaram Finance in India ranges between ₹6.0 Lakhs to ₹10.3 Lakhs for experience between 9 years to 15 years. According to our estimates it is 12% less than the average Cluster Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Sundaram Finance India.

How does the salary of a Cluster Manager at Sundaram Finance India compare with the average salary range for this job?

The average salary of a Cluster Manager at Sundaram Finance is 12% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Sundaram Finance to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹8.1 Lakhs to ₹29.5 Lakhs per year
Poonawalla Fincorp Cluster Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital Cluster Manager Salary - ₹11.0 Lakhs to ₹17.5 Lakhs per year
Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year
Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Sundaram Finance in India?

SK Finance Limited Cluster Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
LendingKart Cluster Manager Salary - ₹5.5 Lakhs to ₹16.5 Lakhs per year
Cholamandalam Investment & Finance Cluster Manager Salary - ₹9.6 Lakhs to ₹13.0 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Prime Cluster Manager Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year

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 ranges between ₹59,278 per month to ₹60,774 per month in India. The take-home salary calculation is based on the average Sundaram Finance Cluster Manager salary in India which ranges between ₹6.0 Lakhs to ₹10.3 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Sundaram Finance?

According to AmbitionBox, 100% of the Sundaram Finance Cluster Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.