Ugro Capital Cluster Manager Salaries by 5 Employees (Updated 2025)

9 - 15 years exp.

₹6.7 Lakhs - ₹12.8 Lakhs

Low Confidence

Salary of majority employees

7% more than the average Cluster Manager Salary in NBFC Companies for 9 - 15 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 13 - 14 years exp. (3 salaries)	₹10.5 L/yr - ₹12.8 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 9 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.4 L/yr

Last Updated: 27 Jan 2025

Companies similar to Ugro Capital for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Cluster Manager Salary 8 - 20 years exp. (145 salaries)	₹4 L/yr - ₹10.6 L/yr 29% less	3 job openings
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (312 salaries)	₹8.8 L/yr - ₹29.5 L/yr 94% more	108 job openings
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Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	₹6.5 L/yr - ₹16 L/yr 5% more
Cholamandalam Investment & Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹13 L/yr 6% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	₹4.2 L/yr - ₹8.1 L/yr 35% less
ICICI Securities Cluster Manager Salary 3 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹12.6 L/yr 24% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 4% less
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	₹6.5 L/yr - ₹15.5 L/yr 24% more	1 job opening
Kotak Mahindra Prime Cluster Manager Salary 7 - 17 years exp. (19 salaries)	₹6.5 L/yr - ₹11.5 L/yr 1% more
IIFL Finance Cluster Manager Salary 3 - 15 years exp. (17 salaries)	₹3.7 L/yr - ₹7.5 L/yr 38% less	1 job opening
Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (13 salaries)	₹6.5 L/yr - ₹10.5 L/yr 15% less
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Poonawalla Fincorp Cluster Manager Salary 9 - 16 years exp. (7 salaries)	₹12 L/yr - ₹21.5 L/yr 56% more
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	₹3.4 L/yr - ₹11 L/yr 29% less
Nabard Financial Services Cluster Manager Salary 10 - 19 years exp. (6 salaries)	₹5.8 L/yr - ₹6.5 L/yr 36% less
Ess Kay Fincorp Cluster Manager Salary 8 - 13 years exp. (6 salaries)	₹6.2 L/yr - ₹10.4 L/yr 20% less
Aavas Financiers Cluster Manager Salary 7 - 15 years exp. (6 salaries)	₹7 L/yr - ₹13 L/yr 11% less
Capri Global Capital Cluster Manager Salary 14 - 17 years exp. (5 salaries)	₹11 L/yr - ₹17.5 L/yr 53% more
Capital Trust Cluster Manager Salary 6 - 13 years exp. (4 salaries)	₹5.2 L/yr - ₹9 L/yr 35% less
IKF Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9 L/yr - ₹11.4 L/yr 9% more
PNB Housing Finance Cluster Manager Salary 8 - 15 years exp. (5 salaries)	₹5 L/yr - ₹17.3 L/yr 20% more

View all

Cluster Manager salary at Ugro Capital ranges between ₹6.7 Lakhs to ₹12.8 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Ugro Capital.

Experience wise Ugro Capital Cluster Manager salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹13.4 L/yr
10 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12.8 L/yr
14 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹12.8 L/yr
15+ years (AmbitionBox Estimate)	₹11.1 L/yr - ₹22.1 L/yr

View all

Similar Designation salaries in Ugro Capital

Cluster Head Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(50 salaries)

₹4.5 L/yr - ₹11.8 L/yr

Business Manager Salary

(3 salaries)

₹6.8 L/yr - ₹13.5 L/yr

Sales Manager Salary

(24 salaries)

₹2 L/yr - ₹7.35 L/yr

Branch Manager Salary

(46 salaries)

₹4.7 L/yr - ₹10 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹20.3 L/yr - ₹25.9 L/yr

Area Sales Manager Salary

(19 salaries)

₹8 L/yr - ₹16 L/yr

Relationship Manager Salary

(20 salaries)

₹2.35 L/yr - ₹8.65 L/yr

Senior Sales Manager Salary

(5 salaries)

₹4.8 L/yr - ₹7 L/yr

Salary related reviews for Ugro Capital

4.0

Rated by 1 employees for salary & benefits

Senior Branch Manager in Panipat

Full Time

Finance & Accounting Department

5.0

• posted on 27 Nov 2024

5.0

for Salary and Benefits

Likes

The company is very social. Employee salary comes before the month end last date.

Salary - Excellent

+5 more

Dislikes

The Credit department in this company wields significant power and its members often have an inflated sense of self-importance. Sales personnel are often not given the respect they deserve, and when mistakes occur, they are held accountable. If an issue arises during an audit, the sales team is expected to respond, while the Credit department remains unaccountable. Ultimately, the sales team bears the brunt of the workload, while the Credit department reaps the benefits without much effort."

Operations Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing to like. People like month end dinner more than 10 times in a month.

Dislikes

...are humiliated in from of offrole staff and warned to be fired in joint meeting. Junior who works on Sunday and send late night emails are the best employees and his tips to Head generates bonus, by screwing seniors jobs.

Salary - Bad

+6 more

Assistant Manager- Plant And Machinery in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 05 Dec 2024

4.0

for Salary and Benefits

Likes

Growing company, good salary

Salary - Good

+2 more

Dislikes

Work ethics and if you're in plant and machinery sales division then good luck for your future my friend, the whole department's management is doomed big time. The administration of the department has many loopholes and they entertain no room for improvement or development.

Job security - Poor

+1 more

Branch Operation Executive in Ludhiana

Full Time

Branch Operations Executive Department

4.0

• posted on 21 Jul 2022

4.0

for Salary and Benefits

Likes

...rtive and the management is transparent. There is a huge cafeteria for chilling. Company policies are good, appraisals are fair and they give good salary hike.

Salary - Good

+6 more

Dislikes

Sr. Product Manager - Partnership & Alliance in Mumbai

Full Time

Other Department

3.0

• posted on 19 Sep 2024

3.0

for Salary and Benefits

Likes

Still figuring

Dislikes

...perience person is at lower grade with under experienced person at higher grade. No parity is compensation / grading

Skill development - Bad

+3 more

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Ugro Capital Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Ugro Capital ?

The average salary of a Cluster Manager at Ugro Capital in India typically ranges from ₹6.7 Lakhs to ₹12.8 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Cluster Manager at Ugro Capital earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹12.8 Lakhs per year. Cluster Manager Salaries at Ugro Capital 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 5 Ugro Capital employees in India.

What is the estimated take home salary of a Cluster Manager at Ugro Capital in India?

The estimated take-home salary of a Cluster Manager at Ugro Capital in India typically ranges from ₹71,262 to ₹73,097 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹12.8 Lakhs per year for employees with experience ranging from 9 years to 15 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 5 salaries received from various employees of Ugro Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ugro Capital for Cluster Manager in India?

Bajaj Finance	₹8.8 Lakhs to ₹29.5 Lakhs per year
Poonawalla Fincorp	₹12.0 Lakhs to ₹21.5 Lakhs per year
Capri Global Capital	₹11.0 Lakhs to ₹17.5 Lakhs per year
Tata Capital Housing Finance	₹7.3 Lakhs to ₹17.7 Lakhs per year
ICICI Securities	₹8.5 Lakhs to ₹12.6 Lakhs per year

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

What is the salary of a Cluster Manager in companies similar to Ugro Capital in India?

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

Tata Capital	₹6.5 Lakhs to ₹15.5 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹17.3 Lakhs per year
IKF Finance	₹9.0 Lakhs to ₹11.4 Lakhs per year
Cholamandalam Investment & Finance	₹9.6 Lakhs to ₹13.0 Lakhs per year
Mahindra Finance	₹6.5 Lakhs to ₹16.0 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 Ugro Capital in India?

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

Experience	Average Salary Range
9 years	₹6.7 Lakhs to ₹13.4 Lakhs per year
10 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
11 years	₹8.2 Lakhs to ₹10.4 Lakhs per year
12 years	₹8.9 Lakhs to ₹11.3 Lakhs per year

and so on.

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Ugro Capital Cluster Manager Salaries

Ugro Capital Cluster Manager salary in India ranges between ₹6.7 Lakhs to ₹12.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ugro Capital latest salaries received from various employees of Ugro Capital.