Ujjivan Small Finance Bank Indore Cluster Manager Salaries by 10+ Employees (Updated 2025)

5 - 15 years exp.

₹6.4 Lakhs - ₹10 Lakhs

Salary of majority employees

17% less than the average Cluster Manager Salary in Banking Companies for 5 - 15 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 5 - 15 years exp. (4 salaries)	₹6.8 L/yr - ₹8.7 L/yr
BFSI, Investments & Trading Cluster Manager Salary 11 - 14 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr
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Finance & Accounting Cluster Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.7 L/yr

Last Updated: 1 Jan 2025

Companies similar to Ujjivan Small Finance Bank for Cluster Manager in Indore

Ujjivan Small Finance Bank Cluster Manager Salary

5 - 15 years exp. (11 salaries)

₹6.4 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 11 - 16 years exp. (3 salaries)	₹9 L/yr - ₹13.9 L/yr 38% more
Kotak Mahindra Bank Cluster Manager Salary 9 - 11 years exp. (3 salaries)	₹8 L/yr - ₹9.9 L/yr 8% more
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IDFC FIRST Bank Cluster Manager Salary 8 - 14 years exp. (11 salaries)	₹9.5 L/yr - ₹19.2 L/yr 70% more
IndusInd Bank Cluster Manager Salary 12 - 15 years exp. (5 salaries)	₹6.4 L/yr - ₹8.5 L/yr 3% less
Equitas Small Finance Bank Cluster Manager Salary 9 - 11 years exp. (3 salaries)	₹6.3 L/yr - ₹8 L/yr 9% less
AU Small Finance Bank Cluster Manager Salary 11 - 18 years exp. (3 salaries)	₹14.7 L/yr - ₹18.3 L/yr 109% more

Cluster Manager salary at Ujjivan Small Finance Bank ranges between ₹6.4 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 11 latest salaries received from various employees of Ujjivan Small Finance Bank.

Experience wise Ujjivan Small Finance Bank Cluster Manager salaries in Indore

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.8 L/yr
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹14.5 L/yr
10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹15.2 L/yr
14 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹15.4 L/yr
15+ years (AmbitionBox Estimate)	₹6.8 L/yr - ₹15.6 L/yr

View all

From

Cluster Manager

₹

Lakhs/yr

5 - 15 years exp.

Distribution Manager

₹

Lakhs/yr

11 - 15 years exp.

Cluster Manager 5 - 15 years exp.

Area Manager 7 - 18 years exp.

74% hike

Distribution Manager 11 - 15 years exp.

74% hike

From

1 more level

Cluster Manager

5 - 15 years exp.

Cluster Head

7 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Ujjivan Small Finance Bank

Relationship Manager Salary

(9 salaries)

₹3.1 L/yr - ₹5.28 L/yr

Deputy Manager Salary

(6 salaries)

₹3.24 L/yr - ₹5.11 L/yr

Area Manager Salary

(5 salaries)

₹10.5 L/yr - ₹16 L/yr

Top skills at Ujjivan Small Finance Bank for Cluster Manager

Risk Assessment Mortgage Loans Lap Sales housing loan mortgage Finance Home Loans Business Loan Retail Assets Housing Financial Analysis Banking Loans Construction

Salary related reviews for Ujjivan Small Finance Bank

4.0

Rated by 2 employees for salary & benefits

Cluster Manager in Shadipur

BFSI, Investments & Trading Department

3.0

• posted on 04 Jul 2022

2.0

for Salary and Benefits

Likes

The company gives a good amount of job security. But mostly things will depend on your manager. if the manager is not good then Ujjivan as a company can not do anything in that case

Work-life balance - Good

Dislikes

...u work for long here, other major banks might not consider you for many roles. Salary and Increments depend on the department you are working in. In case your department is incurring losses. Your hard work will go in vain as the ratings will be poorly allotted.

Salary - Poor

+3 more

Cluster Manager in Patna

BFSI, Investments & Trading Department

5.0

• posted on 07 Mar 2021

5.0

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.

Salary - Excellent

+6 more

Cluster Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policy are too good, appraisal are fair and teyi five good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Everything is very good.

Branch Manager in Gopiballavpur

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 04 Jan 2023

2.0

for Salary and Benefits

Likes

Salary on 25th. Employment engagement is very good.

Job security - Good

Dislikes

Work on holiday sales team & branch team 2nd & 4th saturday. No comp off. Comp off is credited in your leave balance but supervisor above BM role is not provided. 10 days mandatory leave provide by supervisor above if providing then only 5 to 6days. Work & life balance is very disappointed.

Salary - Poor

+5 more

Branch Manager in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Aug 2022

4.0

for Salary and Benefits

Likes

Growing bank.Getting Salary and incentives on time .Good Health insurance and other employee benefit are provided by bank.

Salary - Good

+3 more

Dislikes

Family and work life balance are difficult to manage as we have to work 2nd and 4th Saturday also .

Job security - Bad

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Ujjivan Small Finance Bank Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Ujjivan Small Finance Bank Indore?

Cluster Manager salary at Ujjivan Small Finance Bank in Indore ranges between ₹6.4 Lakhs to ₹10.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 17% less than the average Cluster Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Ujjivan Small Finance Bank Indore.

How does the salary of a Cluster Manager at Ujjivan Small Finance Bank Indore compare with the average salary range for this job?

The average salary of a Cluster Manager at Ujjivan Small Finance Bank is 17% less than the average salary of a Cluster Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at Ujjivan Small Finance Bank?

Risk Assessment, Mortgage Loans, Lap, Sales and housing loan are some of the popular skills required to work as a Cluster Manager at Ujjivan Small Finance Bank Indore.

Which similar companies are paying more than Ujjivan Small Finance Bank to a Cluster Manager in Indore?

AU Small Finance Bank Cluster Manager Salary - ₹14.7 Lakhs to ₹18.3 Lakhs per year
IDFC FIRST Bank Cluster Manager Salary - ₹9.5 Lakhs to ₹19.2 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹9.0 Lakhs to ₹13.9 Lakhs per year
Kotak Mahindra Bank Cluster Manager Salary - ₹8.0 Lakhs to ₹9.9 Lakhs per year

What is the salary of a Cluster Manager in companies similar to Ujjivan Small Finance Bank in Indore?

IndusInd Bank Cluster Manager Salary - ₹6.4 Lakhs to ₹8.5 Lakhs per year
Equitas Small Finance Bank Cluster Manager Salary - ₹6.3 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Cluster Manager at Ujjivan Small Finance Bank in Indore?

The estimated take-home salary of a Cluster Manager at Ujjivan Small Finance Bank ranges between ₹60,015 per month to ₹61,532 per month in Indore. The take-home salary calculation is based on the average Ujjivan Small Finance Bank Cluster Manager salary in India which ranges between ₹6.4 Lakhs to ₹10.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Ujjivan Small Finance Bank in Indore?

According to AmbitionBox, 60% of the Ujjivan Small Finance Bank Cluster Managers in Indore reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Ujjivan Small Finance Bank Cluster Manager Salaries in Indore

Ujjivan Small Finance Bank Cluster Manager salary in Indore ranges between ₹6.4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Ujjivan Small Finance Bank latest salaries received from various employees of Ujjivan Small Finance Bank.