Light Microfinance Cluster Manager Salaries by 4 Employees (Updated 2025)

0 - 14 years exp.

₹4.5 Lakhs - ₹8.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% less than the average Cluster Manager Salary in NBFC Companies for 0 - 14 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 0 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr
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Finance & Accounting Cluster Manager Salary 14 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹9.7 L/yr

Last Updated: 10 Mar 2025

Companies similar to Light Microfinance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Hero FinCorp Cluster Manager Salary 13 - 23 years exp. (80 salaries)	₹8.4 L/yr - ₹27.5 L/yr 163% more
Bajaj Housing Finance Cluster Manager Salary 5 - 15 years exp. (48 salaries)	₹10 L/yr - ₹23.5 L/yr 181% more
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Dvara KGFS Cluster Manager Salary 6 - 14 years exp. (27 salaries)	₹3.4 L/yr - ₹8 L/yr 16% less
Finova Capital Cluster Manager Salary 5 - 14 years exp. (25 salaries)	₹4 L/yr - ₹10 L/yr 8% more
Midland Microfin Limited Cluster Manager Salary 1 - 12 years exp. (24 salaries)	₹3.5 L/yr - ₹6.5 L/yr 19% less
Home Credit Finance Cluster Manager Salary 6 - 16 years exp. (20 salaries)	₹4.1 L/yr - ₹9 L/yr 3% more	1 job opening
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 61% more
Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (13 salaries)	₹6.5 L/yr - ₹10.5 L/yr 37% more
Aptus Value Housing Finance India Cluster Manager Salary 8 - 19 years exp. (6 salaries)	₹9.3 L/yr - ₹11 L/yr 57% more	1 job opening
Muthoottu Mini Financiers Cluster Manager Salary 0 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹4.2 L/yr 51% less
Vistaar Finance Cluster Manager Salary 10 - 16 years exp. (5 salaries)	₹7 L/yr - ₹11.8 L/yr 43% more
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PNB Housing Finance Cluster Manager Salary 8 - 15 years exp. (5 salaries)	₹5 L/yr - ₹17.3 L/yr 91% more
Ugro Capital Cluster Manager Salary 9 - 15 years exp. (5 salaries)	₹6.7 L/yr - ₹12.8 L/yr 60% more
Shubham Housing Development Finance Cluster Manager Salary 6 - 11 years exp. (4 salaries)	₹3.6 L/yr - ₹6.5 L/yr 16% less
Capital Trust Cluster Manager Salary 6 - 13 years exp. (4 salaries)	₹5.2 L/yr - ₹9 L/yr 4% more
India Shelter Finance Corporation Cluster Manager Salary 7 - 12 years exp. (4 salaries)	₹7 L/yr - ₹12.3 L/yr 66% more
IKF Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9 L/yr - ₹11.4 L/yr 74% more
Tata Capital Housing Finance Cluster Manager Salary 10 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹17.7 L/yr 105% more
Tyger Capital Cluster Manager Salary 5 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹8.2 L/yr 21% more
Hinduja Leyland Finance Cluster Manager Salary 0 - 10 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 42% more

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Cluster Manager salary at Light Microfinance ranges between ₹4.5 Lakhs to ₹8.8 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Light Microfinance.

Experience wise Light Microfinance Cluster Manager salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
14 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

Similar Designation salaries in Light Microfinance

Area Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.3 L/yr

Sales Manager Salary

(6 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Branch Manager Salary

(39 salaries)

₹2 L/yr - ₹4.1 L/yr

Area Sales Manager Salary

(3 salaries)

₹3.6 L/yr - ₹9 L/yr

Relationship Manager Salary

(3 salaries)

₹5.6 L/yr - ₹7.8 L/yr

Sales Officer Salary

(4 salaries)

₹1.7 L/yr - ₹3 L/yr

Sales Executive Salary

(4 salaries)

₹1.25 L/yr - ₹2.9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Sales Executive Salary

(4 salaries)

₹2.15 L/yr - ₹2.71 L/yr

Top skills at Light Microfinance for Cluster Manager

Team Development team development Beverage Team Handling Business Growth business growth Salesforce Switching Branch Management Radius Arp Portfolio Management Operations Soft Skills

Salary related reviews for Light Microfinance

5.0

Rated by 1 employees for salary & benefits

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

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

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.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Light Microfinance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Light Microfinance ?

The average salary of a Cluster Manager at Light Microfinance in India typically ranges from ₹4.5 Lakhs to ₹8.8 Lakhs per year, depending on experience (from Fresher to 14 years).

The top 10% of Cluster Manager at Light Microfinance earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹8.8 Lakhs per year. Cluster Manager Salaries at Light Microfinance 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 Light Microfinance employees in India.

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

The estimated take-home salary of a Cluster Manager at Light Microfinance in India typically ranges from ₹47,002 to ₹48,116 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹8.8 Lakhs per year for employees with experience ranging from Fresher to 14 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 Light Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Manager at Light Microfinance ?

To be a Cluster Manager at Light Microfinance in india, the key skills required include:

- Team Development
- team development
- Beverage
- Team Handling
- Business Growth

These skills are highly valued at Light Microfinance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Light Microfinance for Cluster Manager in India?

Bajaj Housing Finance	₹10.0 Lakhs to ₹23.5 Lakhs per year
Hero FinCorp	₹8.4 Lakhs to ₹27.5 Lakhs per year
InCred Finance	₹9.3 Lakhs to ₹16.0 Lakhs per year
Tata Capital Housing Finance	₹7.3 Lakhs to ₹17.7 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹17.3 Lakhs per year

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

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

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

IKF Finance	₹9.0 Lakhs to ₹11.4 Lakhs per year
India Shelter Finance Corporation	₹7.0 Lakhs to ₹12.3 Lakhs per year
Kotak Mahindra Prime	₹6.5 Lakhs to ₹11.5 Lakhs per year
Ugro Capital	₹6.7 Lakhs to ₹12.8 Lakhs per year
Aptus Value Housing Finance India	₹9.3 Lakhs to ₹11.0 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 Manager at Light Microfinance in India?

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

Experience	Average Salary Range
Fresher	₹5.2 Lakhs to ₹6.7 Lakhs per year
1 year	₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
14 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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Light Microfinance Cluster Manager Salaries

Light Microfinance Cluster Manager salary in India ranges between ₹4.5 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Light Microfinance latest salaries received from various employees of Light Microfinance.