Svatantra Microfin Cluster Business Manager Salaries by 4 Employees (Updated 2024)

6 - 10 years exp.

₹6.5 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Cluster Business Manager Salary in NBFC Companies for 6 - 10 years of experience

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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
Annapurna Finance Cluster Business Manager Salary 6 - 16 years exp. (20 salaries)	₹4.8 L/yr - ₹12.1 L/yr 21% more
SMFG India Credit Cluster Business Manager Salary 9 - 14 years exp. (28 salaries)	₹4.9 L/yr - ₹12.1 L/yr 26% 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
Piramal Capital Housing Finance Cluster Business Manager Salary 10 - 17 years exp. (3 salaries)	₹10.8 L/yr - ₹18.5 L/yr 123% more
Canara HSBC Life Insurance Cluster Business Manager Salary 5 - 18 years exp. (239 salaries)	₹4.5 L/yr - ₹13 L/yr 16% more	1 job opening

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

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.

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.

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.

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.

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Svatantra Microfin Cluster Business Manager Salary FAQs

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

Cluster Business Manager salary at Svatantra Microfin in India ranges between ₹6.5 Lakhs to ₹8.5 Lakhs for experience between 6 years to 10 years. According to our estimates it is 37% less than the average Cluster Business Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Svatantra Microfin India.

How does the salary of a Cluster Business Manager at Svatantra Microfin India compare with the average salary range for this job?

The average salary of a Cluster Business Manager at Svatantra Microfin is 37% less than the average salary of a Cluster Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Svatantra Microfin to a Cluster Business Manager in India?

Piramal Capital Housing Finance Cluster Business Manager Salary - ₹10.8 Lakhs to ₹18.5 Lakhs per year
Fusion Microfinance Cluster Business Manager Salary - ₹9.7 Lakhs to ₹10.8 Lakhs per year
SMFG India Credit Cluster Business Manager Salary - ₹4.9 Lakhs to ₹12.1 Lakhs per year
Annapurna Finance Cluster Business Manager Salary - ₹4.8 Lakhs to ₹12.1 Lakhs per year
Canara HSBC Life Insurance Cluster Business Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year

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 ranges between ₹53,395 per month to ₹54,725 per month in India. The take-home salary calculation is based on the average Svatantra Microfin Cluster Business Manager salary in India which ranges between ₹6.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Cluster Business Manager at Svatantra Microfin?

According to AmbitionBox, 100% of the Svatantra Microfin Cluster Business Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.