Motilal Oswal Home Finance Cluster Manager Salaries by 5 Employees

10 - 13 years exp.

₹7.5 Lakhs - ₹10.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Cluster Manager Salary in Financial Services Companies for 10 - 13 years of experience

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Salaries in different departments

Administration & Facilities Cluster Manager Salary 10 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹8.5 L/yr
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Sales & Business Development Cluster Manager Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹10.8 L/yr

Last Updated: 13 Aug 2023

Companies similar to Motilal Oswal Home Finance for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Axis Direct Cluster Manager Salary 1 - 10 years exp. (154 salaries)	₹2.5 L/yr - ₹5.7 L/yr 56% less	2 job openings
Aadhar Housing Finance Cluster Manager Salary 7 - 19 years exp. (32 salaries)	₹9.1 L/yr - ₹15.4 L/yr 30% more
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Kotak Securities Cluster Manager Salary 8 - 12 years exp. (29 salaries)	₹3.9 L/yr - ₹7.3 L/yr 37% less
ICICI Prudential Mutual Fund Cluster Manager Salary 6 - 18 years exp. (26 salaries)	₹8.4 L/yr - ₹21.6 L/yr 68% more
JM Financial Cluster Manager Salary 9 - 18 years exp. (8 salaries)	₹8.7 L/yr - ₹15 L/yr 27% more
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 82% more
SBI Cards & Payment Services Cluster Manager Salary 9 - 10 years exp. (3 salaries)	₹10.5 L/yr - ₹16 L/yr 44% more

Cluster Manager salary at Motilal Oswal Home Finance ranges between ₹7.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Motilal Oswal Home Finance.

Experience wise Motilal Oswal Home Finance Cluster Manager salaries

Last Updated: 13 Aug 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
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12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Motilal Oswal Home Finance

Cluster Head Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Branch Manager Salary

(13 salaries)

₹4.2 L/yr - ₹8 L/yr

Territory Manager Salary

(7 salaries)

₹4.9 L/yr - ₹6.25 L/yr

Relationship Manager Salary

(138 salaries)

₹2 L/yr - ₹4.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Officer Salary

(3 salaries)

₹2 L/yr - ₹4.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Sales Executive Salary

(7 salaries)

₹2 L/yr - ₹2.8 L/yr

Territory Sales Manager Salary

(6 salaries)

₹8.6 L/yr - ₹17 L/yr

Salary related reviews for Motilal Oswal Home Finance

4.6

Rated by 6 employees for salary & benefits

Relationship Manager in Mayur Vihar Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 01 Jun 2022

4.0

for Salary and Benefits

Likes

...is no need to go office everyday when you have any work then manage accordingly. Timely salary of every month

Salary - Good

+3 more

Dislikes

It's new company so policy are not good according to the market, broker payout not given timely, medical insurance amount give only 1 lakh, no convance for RM

Relationship Manager

Sales Department

5.0

• posted on 31 Dec 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.i love the fact that i am a part of a team that marketareliable,

Salary - Excellent

+3 more

Dislikes

Compensation is decent, nut growth is slow.i have to work in all days in week not support to the salesteam in credit side.

Job security - Poor

Underwriting Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Apr 2024

3.0

for Salary and Benefits

Likes

Good Friendly Working Environment. People are Cooperative.

Job security - Good

+1 more

Dislikes

Learning Opportunities are not that good as compared to other NBFCs. Salary can be the issue for few individuals, if they are on high packages as of now.

Skill development - Poor

Executive in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2023

2.0

for Salary and Benefits

Likes

Company environment is very nice and well maintained.

Job security - Good

Dislikes

Work life balance was not good also salary was not paid enough as per given work, had to work overtime + on weekend including Sunday's without incentives, in return you would get compensatory off but not on the day you required to have; and offer letter clearly stated that first Saturday and all Sunday will be holiday. Overall experience was Average.

Salary - Poor

+3 more

Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Working Environment and extra activities conducted by HR are very nice and unique which helps employees to get refresh

Job security - Good

+1 more

Dislikes

Work-life Balance is worst and also salary offered for executive is very low as per given workload, seniors need to be more professional with employees on floor

Salary - Poor

+4 more

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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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Motilal Oswal Home Finance Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Motilal Oswal Home Finance ?

The average salary of a Cluster Manager at Motilal Oswal Home Finance in India typically ranges from ₹7.5 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Cluster Manager at Motilal Oswal Home Finance earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Cluster Manager Salaries at Motilal Oswal Home Finance 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 Motilal Oswal Home Finance employees in India.

What is the estimated take home salary of a Cluster Manager at Motilal Oswal Home Finance in India?

The estimated take-home salary of a Cluster Manager at Motilal Oswal Home Finance in India typically ranges from ₹66,929 to ₹68,641 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from 10 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 5 salaries received from various employees of Motilal Oswal Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Motilal Oswal Home Finance for Cluster Manager in India?

Edelweiss	₹16.0 Lakhs to ₹17.1 Lakhs per year
ICICI Prudential Mutual Fund	₹8.4 Lakhs to ₹21.6 Lakhs per year
SBI Cards & Payment Services	₹10.5 Lakhs to ₹16.0 Lakhs per year
Aadhar Housing Finance	₹9.1 Lakhs to ₹15.4 Lakhs per year
JM Financial	₹8.7 Lakhs to ₹15.0 Lakhs per year

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

What is the salary of a Cluster Manager in companies similar to Motilal Oswal Home Finance in India?

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

Kotak Securities	₹3.9 Lakhs to ₹7.3 Lakhs per year
Axis Direct	₹2.5 Lakhs to ₹5.7 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 Motilal Oswal Home Finance in India?

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

Experience	Average Salary Range
10 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
11 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
12 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
13 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Motilal Oswal Home Finance Cluster Manager Salaries

Motilal Oswal Home Finance Cluster Manager salary in India ranges between ₹7.5 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Motilal Oswal Home Finance latest salaries received from various employees of Motilal Oswal Home Finance.