Light Microfinance Cluster Credit Manager Salaries by 5 Employees (Updated 2025)

8 - 12 years exp.

₹4.5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Cluster Credit Manager Salary in NBFC Companies for 8 - 12 years of experience

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Salaries in different departments

Risk Management & Compliance Cluster Credit Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.7 L/yr
Data Science & Analytics Cluster Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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Finance & Accounting Cluster Credit Manager Salary 11 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr

Last Updated: 14 Jan 2025

Companies similar to Light Microfinance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Cluster Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 32% more
Bharat Financial Inclusion Cluster Credit Manager Salary 0 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 25% more
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Jana Small Finance Bank Cluster Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹5.4 L/yr - ₹10.1 L/yr 63% more
Bandhan Bank Cluster Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 35% more
Equitas Small Finance Bank Cluster Credit Manager Salary 6 - 15 years exp. (33 salaries)	₹4 L/yr - ₹11.4 L/yr 61% more
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 29% more
Vistaar Finance Cluster Credit Manager Salary 6 - 15 years exp. (39 salaries)	₹7 L/yr - ₹12.5 L/yr 99% more
Finova Capital Cluster Credit Manager Salary 2 - 7 years exp. (22 salaries)	₹4.2 L/yr - ₹8 L/yr 6% more
Ugro Capital Cluster Credit Manager Salary 4 - 14 years exp. (15 salaries)	₹6.5 L/yr - ₹12.5 L/yr 97% more
Bajaj Housing Finance Cluster Credit Manager Salary 8 - 13 years exp. (12 salaries)	₹10.7 L/yr - ₹19.6 L/yr 168% more
Kogta Financial India Limited Cluster Credit Manager Salary 7 - 13 years exp. (10 salaries)	₹3.1 L/yr - ₹9 L/yr 52% more
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Hinduja Leyland Finance Cluster Credit Manager Salary 1 - 15 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr 18% more
Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 126% more
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	₹5 L/yr - ₹20.3 L/yr 160% more
Electronica Finance Cluster Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr 41% more

Cluster Credit Manager salary at Light Microfinance ranges between ₹4.5 Lakhs to ₹6 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Cluster Credit Manager salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.5 L/yr

Similar Designation salaries in Light Microfinance

Area Credit Manager Salary

(3 salaries)

₹3.05 L/yr - ₹4.75 L/yr

Branch Credit Manager Salary

(34 salaries)

₹2 L/yr - ₹4.5 L/yr

Regional Credit Manager Salary

(9 salaries)

₹4.16 L/yr - ₹6 L/yr

Credit Manager Salary

(6 salaries)

₹2.8 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(3 salaries)

₹5.6 L/yr - ₹7.8 L/yr

Credit Officer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Branch Manager Salary

(34 salaries)

₹2.05 L/yr - ₹4.1 L/yr

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Officer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for Light Microfinance

3.0

Rated by 1 employees for salary & benefits

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.

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

Dislikes

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

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

Executive in Ahmedabad

Management Department

1.0

• posted on 02 Oct 2021

1.0

for Salary and Benefits

Likes

Their Politics and justice to any Issue

Dislikes

The Management means if you have any issue and or you are in any problem like harassment and if you will told your problems to management then they will definitely give justice to you … They will terminate/Separate you as you are the reason Because you have given him chance to harass you. So they will also terminate you . So if you have to survive then you have to became mute if you are getting harass then don’t tell anybody other wise you will out of the office.

Manager - MIS in Ahmedabad

Administration Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

This is a very poor company there is no value of employees attraction rate is so high you can check with company data joining and leaving rate

Dislikes

This company operating by only one person all the management following only his instructions because he is doing business

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Light Microfinance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Light Microfinance?

Cluster Credit Manager salary at Light Microfinance in India ranges between ₹4.5 Lakhs to ₹6.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 48% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Light Microfinance India.

How does the salary of a Cluster Credit Manager at Light Microfinance India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at Light Microfinance is 48% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Light Microfinance to a Cluster Credit Manager in India?

Bajaj Housing Finance Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹19.6 Lakhs per year
Hero FinCorp Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹20.3 Lakhs per year
Kotak Mahindra Prime Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Vistaar Finance Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹12.5 Lakhs per year
Ugro Capital Cluster Credit Manager Salary - ₹6.5 Lakhs to ₹12.5 Lakhs per year

What is the salary of a Cluster Credit Manager in companies similar to Light Microfinance in India?

Jana Small Finance Bank Cluster Credit Manager Salary - ₹5.4 Lakhs to ₹10.1 Lakhs per year
Equitas Small Finance Bank Cluster Credit Manager Salary - ₹4.0 Lakhs to ₹11.4 Lakhs per year
Kogta Financial India Limited Cluster Credit Manager Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
Electronica Finance Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Bandhan Bank Cluster Credit Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Cluster Credit Manager at Light Microfinance in India?

The estimated take-home salary of a Cluster Credit Manager at Light Microfinance ranges between ₹39,347 per month to ₹40,522 per month in India. The take-home salary calculation is based on the average Light Microfinance Cluster Credit Manager salary in India which ranges between ₹4.5 Lakhs to ₹6.0 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at Light Microfinance?

According to AmbitionBox, 60% of the Light Microfinance Cluster Credit Managers reported a notice period of 3 Months, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Light Microfinance Cluster Credit Manager Salaries

Light Microfinance Cluster Credit Manager salary in India ranges between ₹4.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Light Microfinance latest salaries received from various employees of Light Microfinance.