CreditAccess Grameen Cluster Manager Salaries by 6 Employees (Updated 2024)

7 - 17 years exp.

₹2.2 Lakhs - ₹4.3 Lakhs

Low Confidence

Salary of majority employees

62% less than the average Cluster Manager Salary in NBFC Companies for 7 - 17 years of experience

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Last Updated: 29 Feb 2024

Companies similar to CreditAccess Grameen for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Cluster Manager Salary 3 - 7 years exp. (4 salaries)	₹5.2 L/yr - ₹8 L/yr 93% more	5 job openings
Bharat Financial Inclusion Cluster Manager Salary 0 - 9 years exp. (58 salaries)	₹5.3 L/yr - ₹8.4 L/yr 100% more
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Equitas Small Finance Bank Cluster Manager Salary 7 - 14 years exp. (60 salaries)	₹5 L/yr - ₹11 L/yr 125% more
Spandana Sphoorty Financial Cluster Manager Salary 0 - 10 years exp. (88 salaries)	₹3 L/yr - ₹7.2 L/yr 55% more
Bajaj Finance Cluster Manager Salary 5 - 16 years exp. (277 salaries)	₹8 L/yr - ₹28.5 L/yr 446% more
HDB Financial Services Cluster Manager Salary 13 - 23 years exp. (224 salaries)	₹9.5 L/yr - ₹26 L/yr 424% more	5 job openings
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (138 salaries)	₹4 L/yr - ₹10.6 L/yr 102% more	1 job opening
SMFG India Credit Cluster Manager Salary 8 - 19 years exp. (81 salaries)	₹5 L/yr - ₹20.9 L/yr 244% more
Piramal Capital Housing Finance Cluster Manager Salary 9 - 19 years exp. (60 salaries)	₹8.4 L/yr - ₹21 L/yr 313% more
IDFC FIRST Bharat Cluster Manager Salary 6 - 15 years exp. (31 salaries)	₹4.2 L/yr - ₹13.3 L/yr 161% more
Mahindra Finance Cluster Manager Salary 8 - 16 years exp. (33 salaries)	₹5 L/yr - ₹16 L/yr 180% more
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Tata Capital Cluster Manager Salary 5 - 16 years exp. (24 salaries)	₹7.5 L/yr - ₹15.7 L/yr 266% more	2 job openings
Home Credit Finance Cluster Manager Salary 6 - 15 years exp. (18 salaries)	₹4.1 L/yr - ₹9 L/yr 80% more	1 job opening
IIFL Finance Cluster Manager Salary 3 - 16 years exp. (16 salaries)	₹4 L/yr - ₹9.5 L/yr 73% more
SK Finance Limited Cluster Manager Salary 9 - 15 years exp. (14 salaries)	₹7.3 L/yr - ₹15 L/yr 215% more
Annapurna Finance Cluster Manager Salary 4 - 13 years exp. (14 salaries)	₹5 L/yr - ₹10 L/yr 124% more
IIFL SAMASTA Cluster Manager Salary 5 - 12 years exp. (13 salaries)	₹3.9 L/yr - ₹10 L/yr 117% more
Muthoot Fincorp Cluster Manager Salary 10 - 14 years exp. (10 salaries)	₹5.2 L/yr - ₹10.5 L/yr 84% more	1 job opening
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 86% more
Asirvad Microfinance Cluster Manager Salary 12 - 17 years exp. (6 salaries)	₹7 L/yr - ₹10 L/yr 168% more

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Cluster Manager salary at CreditAccess Grameen ranges between ₹2.2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of CreditAccess Grameen.

Experience wise CreditAccess Grameen Cluster Manager salaries

Last Updated: 29 Feb 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
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9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
13 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
14 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
15+ years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.3 L/yr

View all

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Salary related reviews for CreditAccess Grameen

5.0

Rated by 3 employees for salary & benefits

Business Development Manager

Full Time

Marketing & Communication Department

4.0

• posted on 19 Jun 2019

4.0

for Salary and Benefits

Likes

After starting retail financial services company is growth is good, company shares also increased, the culture of company is awesome employees can easily balance there work and personal life.

Dislikes

Drawback is salary and incentives to entry level employees are too low, appraisal time is too long they I'll take around 60 days to finalize the appraisal.

Branch Manager in Nagpur

Finance & Accounting Department

4.0

• posted on 12 Apr 2021

4.0

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.

Assistant Operations Excellence Manager in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

A great place to work. Amazing culture. Seniors are very helpful and Humble. Everyone is supportive. Appraisal is the best part as every year we get good bonus and hike. Work life balance is great

Dislikes

Salary is not satisfactory.

Recovery Executive in Bhinmal

Full Time

Finance & Accounting Department

3.0

• posted on 30 Aug 2024

5.0

for Salary and Benefits

Likes

Working at Credit Access Grameen, a leading microfinance institution in India, can offer several benefits. Employees often appreciate the organization's commitment to financial inclusion and the positive social impact it creates by providing credit to underserved communities. The company culture usually emphasizes teamwork, growth, and learning opportunities. Additionally, being part of a mission-driven organization can be personally rewarding, as you contribute to empowering individuals and fostering economic development in low-income areas.

Dislikes

...perceived or real limitations in career advancement or professional development. Compensation: Some employees might feel that the salary and benefits do not align with their level of responsibility or industry standards. Work-Life Balance: The demands of the job might impact personal time and work-life balance. Organizational Changes: Frequent changes in company policies or leadership might create an unstable work environment. These points can vary based on role, location, and individual experiences.

Assistant Branch Manager in Thiruvaiyaru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 31 Dec 2023

2.0

for Salary and Benefits

Likes

We defenetly got a respect for our work

Dislikes

...24*7 working day, they won't leave for any holiday and at all. This is very bad. And one more thing salary is very low compared to other small mfi.

see more salary related reviews

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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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CreditAccess Grameen Cluster Manager Salary FAQs

What is the salary of Cluster Manager at CreditAccess Grameen?

Cluster Manager salary at CreditAccess Grameen in India ranges between ₹2.2 Lakhs to ₹4.3 Lakhs for experience between 7 years to 17 years. According to our estimates it is 62% less than the average Cluster Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of CreditAccess Grameen India.

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

The average salary of a Cluster Manager at CreditAccess Grameen is 62% 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 CreditAccess Grameen to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹8.0 Lakhs to ₹28.5 Lakhs per year
HDB Financial Services Cluster Manager Salary - ₹9.5 Lakhs to ₹26.0 Lakhs per year
Poonawalla Fincorp Cluster Manager Salary - ₹12.0 Lakhs to ₹21.5 Lakhs per year
Piramal Capital Housing Finance Cluster Manager Salary - ₹8.4 Lakhs to ₹21.0 Lakhs per year
Tata Capital Cluster Manager Salary - ₹7.5 Lakhs to ₹15.7 Lakhs per year

What is the salary of a Cluster Manager in companies similar to CreditAccess Grameen in India?

SMFG India Credit Cluster Manager Salary - ₹5.0 Lakhs to ₹20.9 Lakhs per year
SK Finance Limited Cluster Manager Salary - ₹7.3 Lakhs to ₹15.0 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Asirvad Microfinance Cluster Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bharat Cluster Manager Salary - ₹4.2 Lakhs to ₹13.3 Lakhs per year

What is the estimated take home salary of a Cluster Manager at CreditAccess Grameen in India?

The estimated take-home salary of a Cluster Manager at CreditAccess Grameen ranges between ₹24,925 per month to ₹26,365 per month in India. The take-home salary calculation is based on the average CreditAccess Grameen Cluster Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at CreditAccess Grameen?

According to AmbitionBox, 50% of the CreditAccess Grameen Cluster Managers reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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CreditAccess Grameen Cluster Manager Salaries

CreditAccess Grameen Cluster Manager salary in India ranges between ₹2.2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 CreditAccess Grameen latest salaries received from various employees of CreditAccess Grameen.