Svatantra Microfin Cluster Business Manager Salaries by 4 Employees

6 - 10 years exp.

₹6.5 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹7.1 Lakhs

Variable (0%)

₹0.0

36% less than the average Cluster Business Manager Salary in NBFC Companies for 6 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Cluster Business Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.5 L/yr
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Sales & Business Development Cluster Business Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 14 Jun 2024

Companies similar to Svatantra Microfin for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Cluster Business Manager Salary 9 - 14 years exp. (28 salaries)	₹4.9 L/yr - ₹12.1 L/yr 26% more
Annapurna Finance Cluster Business Manager Salary 6 - 16 years exp. (20 salaries)	₹4.8 L/yr - ₹12.1 L/yr 13% more
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Fusion Microfinance Cluster Business Manager Salary 8 - 12 years exp. (6 salaries)	₹9.7 L/yr - ₹10.8 L/yr 43% more
Asirvad Microfinance Cluster Business Manager Salary 10 - 21 years exp. (4 salaries)	₹6.3 L/yr - ₹8.1 L/yr At par
Piramal Capital Housing Finance Cluster Business Manager Salary 10 - 17 years exp. (4 salaries)	₹10.8 L/yr - ₹18.5 L/yr 105% more

Cluster Business Manager salary at Svatantra Microfin ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Svatantra Microfin.

Experience wise Svatantra Microfin Cluster Business Manager salaries

Last Updated: 14 Jun 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

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Salary related reviews for Svatantra Microfin

Branch Manager in Nanded

Full Time

Finance & Accounting Department

5.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

...pvt Ltd is best industry in India all Staff Sefty salution Education Relative... Help Staff Advance Salary Benifits Thank you for Svatantra

Salary - Excellent

+6 more

Dislikes

Svatantra Microfin pvt Ltd Is best industry In all But Management Team political issues No any Respect Field work Staff

Data Entry Operator in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 14 Dec 2021

4.0

for Salary and Benefits

Likes

...agement 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 - Good

+6 more

Dislikes

There is a lot of politics and the management dose not 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 joiners.

Regional Mediclaim Coordinator in Mumbai

CSR & Social Service Department

4.0

• posted on 03 Jun 2022

5.0

for Salary and Benefits

Likes

Compensation and Job security is one among the best for my designation. I'm also able to manage a good work life balance.

Salary - Excellent

+5 more

Dislikes

Career Growth and Opportunities is not upto the mark as far as my designation is concerned. Being a Social Work Graduate, the experience that I'm having in my current position is not considered as valid for most of the Social work professions

Area Operation Manager in Bikaner

Finance Department

4.0

• posted on 10 Aug 2021

3.0

for Salary and Benefits

Likes

I'm so lucky & thankful to part of this company. There is a Great working culture ever I have seen, excellent & supportive management, lots of learning ways & platform, values which will definitely change the society & create more woman empowerment.

Skill development - Excellent

+5 more

Dislikes

Everything is fine but salary is little bit low as compare to your work responsibility & as compare to other institution.

Branche Operation Manager in Mumbai

Branch Operations Department

5.0

• posted on 10 Apr 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.

see more salary related reviews

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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.

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Svatantra Microfin Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at Svatantra Microfin ?

The average salary of a Cluster Business Manager at Svatantra Microfin in India typically ranges from ₹6.5 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Cluster Business Manager at Svatantra Microfin earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Cluster Business Manager Salaries at Svatantra Microfin 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 Svatantra Microfin employees in India.

What is the estimated take home salary of a Cluster Business Manager at Svatantra Microfin in India?

The estimated take-home salary of a Cluster Business Manager at Svatantra Microfin in India typically ranges from ₹53,395 to ₹54,725 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 6 years to 10 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 Svatantra Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Svatantra Microfin for Cluster Business Manager in India?

Piramal Capital Housing Finance	₹10.8 Lakhs to ₹18.5 Lakhs per year
Fusion Microfinance	₹9.7 Lakhs to ₹10.8 Lakhs per year
SMFG India Credit	₹4.9 Lakhs to ₹12.1 Lakhs per year
Annapurna Finance	₹4.8 Lakhs to ₹12.1 Lakhs per year

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

What is the salary of a Cluster Business Manager in companies similar to Svatantra Microfin in India?

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

Asirvad Microfinance

₹6.3 Lakhs to ₹8.1 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 Business Manager at Svatantra Microfin in India?

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

Experience	Average Salary Range
6 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
7 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
9 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
10 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Svatantra Microfin Cluster Business Manager Salaries

Svatantra Microfin Cluster Business Manager salary in India ranges between ₹6.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Svatantra Microfin latest salaries received from various employees of Svatantra Microfin.