Light Microfinance Cluster Business Manager Salaries by 2 Employees (Updated 2025)

0 - 9 years exp.

₹4.6 Lakhs - ₹5.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

Sales & Business Development Cluster Business Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.3 L/yr
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Administration & Facilities Cluster Business Manager Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 8 Mar 2025

Companies similar to Light Microfinance for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
Vistaar Finance Cluster Business Manager Salary 7 - 15 years exp. (16 salaries)	₹7.5 L/yr - ₹14 L/yr 83% more
Sammaan Capital Limited Cluster Business Manager Salary 15 - 20 years exp. (8 salaries)	₹35 L/yr - ₹36 L/yr 564% more
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Canara HSBC Life Insurance Cluster Business Manager Salary 5 - 16 years exp. (242 salaries)	₹4.5 L/yr - ₹13 L/yr 54% more
AU Small Finance Bank Cluster Business Manager Salary 10 - 20 years exp. (87 salaries)	₹6.8 L/yr - ₹27.5 L/yr 198% more
Mahindra Logistics Cluster Business Manager Salary 5 - 16 years exp. (52 salaries)	₹6.2 L/yr - ₹19.8 L/yr 146% more

Cluster Business Manager salary at Light Microfinance ranges between ₹4.6 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 2 latest salaries received from various employees of Light Microfinance.

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Salary related reviews for Light Microfinance

Branch Manager in Halol

Full Time

Sales & Business Development Department

1.0

• posted on 14 Mar 2025

4.0

for Salary and Benefits

Likes

Salary, incentive good

Salary - Good

Dislikes

If you are a flatterer of one person in the credit team, your job is safe.if you work honestly, your job is in danger.and and if you change your gender,you get promoted in credit team .it is good to be in the business team and Promotion are done on the basis of look's not on the basis of work , promotion is given after seeing the work.

Job security - Bad

+4 more

Assistant Manager Corporate Staretgy in Ahmedabad

Full Time

Strategic & Top Management Department

4.0

• posted on 03 Apr 2025

4.0

for Salary and Benefits

Likes

If You want learn & grow, this place is for you.

Salary - Good

+5 more

Dislikes

...eds appreciation, chance to work with CXO's but only closed ones are getting it. *Pay is below average in my case though they were paying to others managers & senior managers. offered 50%+ hike to manager appointed from X NBFC but when it comes to paying ASM budget is issue 20%+ incentive. I observe only.

Gurp Lone in Ratangarh

Full Time

Nagor Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

... cafeteria and gaming arcade for chilling company policy are good appraisal are fair and the give good salary hike and bonus every yers

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growet

Credit Executive in Ahmedabad

Credit Risk Department

1.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

...rds executives. Don't waste your crucial career time working for this company. Salary very low as compared to other companies.

Dislikes

There is a lot of politics and management doesn't address our issues.

Salary - Bad

+6 more

Finance in Barmer

Other Department

1.0

• posted on 18 May 2021

1.0

for Salary and Benefits

Likes

light microfinance me jobs are not secure

Dislikes

...rt is not available and work is hard and you do not get any proper facilities. No salary growth Branch ke pas me koi is not a knowledge / expression manager Company loan policy is not good Company levies higher interest rates on loans Which is not good for the poor Company loan amount is low

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Light Microfinance Cluster Business Manager Salary FAQs

How the salary growth look like for a Cluster Business Manager at Light Microfinance in India?

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

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹4.1 Lakhs per year
9 years	₹6.0 Lakhs to ₹7.6 Lakhs per year

and so on.

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Light Microfinance Cluster Business Manager Salaries

Light Microfinance Cluster Business Manager salary in India ranges between ₹4.6 Lakhs to ₹5.9 Lakhs. This is an estimate based on latest salaries received from employees of Light Microfinance.