Utkarsh Small Finance Bank Cluster Manager Salaries by 4 Employees (Updated 2025)

5 - 13 years exp.

₹8.1 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

11% more than the average Cluster Manager Salary in Banking Companies for 5 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Cluster Manager Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10 L/yr
Login to view exact salary
BFSI, Investments & Trading Cluster Manager Salary 10 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 8 Mar 2025

Companies similar to Utkarsh Small Finance Bank for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Cluster Manager Salary 5 - 14 years exp. (235 salaries)	₹4.5 L/yr - ₹11.5 L/yr 23% less
IDFC FIRST Bank Cluster Manager Salary 8 - 16 years exp. (213 salaries)	₹5.8 L/yr - ₹21 L/yr 29% more
Login to view exact salary
Axis Bank Cluster Manager Salary 5 - 17 years exp. (76 salaries)	₹4.7 L/yr - ₹15.5 L/yr 2% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 7% less
ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	₹6 L/yr - ₹25 L/yr 41% more
HDFC Bank Cluster Manager Salary 4 - 18 years exp. (30 salaries)	₹6.8 L/yr - ₹20 L/yr 14% more
IndusInd Bank Cluster Manager Salary 2 - 15 years exp. (35 salaries)	₹3.9 L/yr - ₹12.7 L/yr 25% less
Yes Bank Cluster Manager Salary 3 - 18 years exp. (23 salaries)	₹4.8 L/yr - ₹16 L/yr 4% more
Jana Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (16 salaries)	₹5.9 L/yr - ₹14 L/yr 7% less
Paytm Payments Bank Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹10.5 L/yr - ₹18 L/yr 21% more
Bandhan Bank Cluster Manager Salary 5 - 11 years exp. (13 salaries)	₹2.8 L/yr - ₹7.7 L/yr 49% less
Login to view exact salary
RBL Bank Cluster Manager Salary 10 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 29% less
Federal Bank Cluster Manager Salary 6 - 11 years exp. (4 salaries)	₹0.8 L/yr - ₹6 L/yr 67% less
Karur Vysya Bank Cluster Manager Salary 8 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹12 L/yr 9% less

Cluster Manager salary at Utkarsh Small Finance Bank ranges between ₹8.1 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Utkarsh Small Finance Bank.

Experience wise Utkarsh Small Finance Bank Cluster Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
10 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

Similar Designation salaries in Utkarsh Small Finance Bank

Cluster Head Salary

(9 salaries)

₹11 L/yr - ₹25 L/yr

Area Manager Salary

(37 salaries)

₹3.5 L/yr - ₹9 L/yr

Deputy Manager Salary

(242 salaries)

₹4.05 L/yr - ₹9.5 L/yr

Sales Manager Salary

(138 salaries)

₹2 L/yr - ₹8.22 L/yr

Branch Manager Salary

(265 salaries)

₹3.8 L/yr - ₹14 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Area Sales Manager Salary

(13 salaries)

₹6 L/yr - ₹15.5 L/yr

Relationship Manager Salary

(142 salaries)

₹1.8 L/yr - ₹7.59 L/yr

Area Business Manager Salary

(18 salaries)

₹4.75 L/yr - ₹10.14 L/yr

Senior Sales Manager Salary

(4 salaries)

₹5.5 L/yr - ₹12 L/yr

Top skills at Utkarsh Small Finance Bank for Cluster Manager

Trade Finance Relationship Management Management Product Training Client Acquisition Foreign Exchange Banking Cash Management Liability Products

Salary related reviews for Utkarsh Small Finance Bank

Sales Executive in Rohtak

Full Time

Marketing & Communication Department

1.0

• posted on 25 Dec 2023

1.0

for Salary and Benefits

Likes

nothing actually

Dislikes

don't pay travel allowance which was promised. you are to work on holidays. toxic and demean you among colleagues, abusive language used and self esteem brought down. have made many cry and leave the job. the office politics, asking money when you are even 1 minute late. spiteful and no believing of you by management.

Salary - Bad

+6 more

Branch Manager in Prayagraj / Allahabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Jul 2023

1.0

for Salary and Benefits

Likes

Very bad experience I'm waiting one month notice period but not getting my salary Very bad company Very bad HR department

Dislikes

...nd and 4th Saturday leave.. (We don't get the same) 5. Even Sunday working on 7.As per mention in LOI 27k salary in hand but we got only 20k in hand 8. So we want change our department please. Hr not any person responce mail call I'm working 1 month notice period had completed but not getting notice period salary

Salary - Bad

+6 more

Sales Executive in Nalanda

Full Time

Sales & Business Development Department

2.0

• posted on 12 Feb 2023

3.0

for Salary and Benefits

Likes

Salary is ok and learner new things like how to talk customer of different ways because this is fully field work

Dislikes

Seniors behaviour is rediculous they always harass they create dramas and not wanted you to focus on your goal sheet They are very hard to handle

Skill development - Poor

+5 more

Sales Executive in New Delhi

Full Time

Other Department

3.0

• posted on 14 May 2023

3.0

for Salary and Benefits

Likes

HR Policy is Good, I was working under with Respective Team Manager "Mr Umar Khan", And Branch Manager "Mr Abhishek Arora" Mr Umar Khan Nature was good, Fantastic Journey in Utkarsh Bank

Skill development - Good

+1 more

Dislikes

More Pressurised by Branch Manager Mostly Saturday Sunday was working, No Rest and I did not much satisfied with my salary, My salary was 15156 (in hand) which was not sufficient as per my past experience in banking I had want more career growth in my life

Job security - Poor

+2 more

Area Business Manager in Varanasi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 23 May 2023

4.0

for Salary and Benefits

Likes

...stic. Work life balance is good. One can exchange new thoughts to seniors too. Appraisal and salary increment is transparent.

Salary - Good

+6 more

Dislikes

They offer lesser salary in comparison to industry.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Utkarsh Small Finance Bank?

Ask anonymously on communities.

Utkarsh Small Finance Bank Cluster Manager Salary FAQs

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

The average salary of a Cluster Manager at Utkarsh Small Finance Bank in India typically ranges from ₹8.1 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Cluster Manager at Utkarsh Small Finance Bank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Cluster Manager Salaries at Utkarsh Small Finance Bank 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 Utkarsh Small Finance Bank employees in India.

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

The estimated take-home salary of a Cluster Manager at Utkarsh Small Finance Bank in India typically ranges from ₹73,986 to ₹75,899 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 5 years to 13 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 Utkarsh Small Finance Bank. 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 Utkarsh Small Finance Bank ?

To be a Cluster Manager at Utkarsh Small Finance Bank in india, the key skills required include:

- Trade Finance
- Relationship Management
- Management
- Product Training
- Client Acquisition

These skills are highly valued at Utkarsh Small Finance Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Utkarsh Small Finance Bank for Cluster Manager in India?

ICICI Bank	₹6.0 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank	₹5.8 Lakhs to ₹21.0 Lakhs per year
Paytm Payments Bank	₹10.5 Lakhs to ₹18.0 Lakhs per year
HDFC Bank	₹6.8 Lakhs to ₹20.0 Lakhs per year
Yes Bank	₹4.8 Lakhs to ₹16.0 Lakhs per year

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

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

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

Axis Bank	₹4.7 Lakhs to ₹15.5 Lakhs per year
Kotak Mahindra Bank	₹3.9 Lakhs to ₹16.2 Lakhs per year
Jana Small Finance Bank	₹5.9 Lakhs to ₹14.0 Lakhs per year
Karur Vysya Bank	₹7.5 Lakhs to ₹12.0 Lakhs per year
Ujjivan Small Finance Bank	₹4.5 Lakhs to ₹11.5 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 Utkarsh Small Finance Bank in India?

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

Experience	Average Salary Range
5 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
10 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
11 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
13 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

Tell us how to improve this page.

Utkarsh Small Finance Bank Cluster Manager Salaries by Location

Home >
Salaries >
Utkarsh Small Finance Bank Salaries >
Utkarsh Small Finance Bank Cluster Manager Salaries

Utkarsh Small Finance Bank Cluster Manager salary in India ranges between ₹8.1 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.