Axis Direct Mumbai Cluster Manager Salaries by 20+ Employees (Updated 2025)

1 - 9 years exp.

₹3.1 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% less than the average Cluster Manager Salary in Financial Services Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 3 - 6 years exp. (11 salaries)	₹3.4 L/yr - ₹4.9 L/yr
Sales & Business Development Cluster Manager Salary 2 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Cluster Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
Marketing & Communication Cluster Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.5 L/yr

Last Updated: 22 Mar 2025

Companies similar to Axis Direct for Cluster Manager in Mumbai

Axis Direct Cluster Manager Salary

1 - 9 years exp. (24 salaries)

₹3.1 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Cluster Manager Salary 9 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹17 L/yr 213% more
Aditya Birla Sun Life Insurance Cluster Manager Salary 4 - 13 years exp. (29 salaries)	₹6.8 L/yr - ₹14 L/yr 162% more
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Reliance General Insurance Cluster Manager Salary 9 - 18 years exp. (30 salaries)	₹6.7 L/yr - ₹17.5 L/yr 202% more
HDFC Life Cluster Manager Salary 5 - 16 years exp. (27 salaries)	₹6 L/yr - ₹12.5 L/yr 107% more	1 job opening
Axis Max Life Insurance Cluster Manager Salary 6 - 15 years exp. (19 salaries)	₹7.5 L/yr - ₹13.9 L/yr 180% more	1 job opening

Cluster Manager salary at Axis Direct ranges between ₹3.1 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 24 latest salaries received from various employees of Axis Direct.

Latest annual salaries shared by Axis Direct Cluster Manager in Mumbai

2w ago

₹4 Lakhs

5 years exp.

2w ago

₹4.2 Lakhs

7 years exp.

3mo ago

₹3.8 Lakhs

9 years exp.

9mo ago

₹4 Lakhs

4 years exp.

1y ago

₹3.4 Lakhs

3 years exp.

1y ago

6 years exp.

1y ago

4 years exp.

1y ago

5 years exp.

1y ago

3 years exp.

1y ago

6 years exp.

Experience wise Axis Direct Cluster Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
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3 years (4 salaries)	₹3.3 L/yr - ₹4.8 L/yr
4 years (3 salaries)	₹4 L/yr - ₹4.8 L/yr
5 years (4 salaries)	₹4 L/yr - ₹5 L/yr
6 years (6 salaries)	₹3.4 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Axis Direct

Deputy Manager Salary

(67 salaries)

₹3.5 L/yr - ₹12 L/yr

Relationship Manager Salary

(15 salaries)

₹2.4 L/yr - ₹5.7 L/yr

Sales Officer Salary

(4 salaries)

₹1.95 L/yr - ₹3 L/yr

Top skills at Axis Direct for Cluster Manager

Sales Channel Sales channel management Business Development Management Branch Management demat Channel Development stock Channel Sales Management Client Acquisition shares Sales Management Equity Channel Management Channel Sales Management

Salary related reviews for Axis Direct

2.3

Rated by 3 employees for salary & benefits

Sales Executive in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 20 Sep 2023

3.0

for Salary and Benefits

Likes

I have worked in credit card department there is a target if we did more cards we used to get Incentives that is the only thing I like in axis

Skill development - Good

+4 more

Dislikes

For experience employees also they offer only 15000 salary per month.

Sales Executive in Nashik

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Sep 2018

3.0

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 markets reliable, high-quality products.

Skill development - Good

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 10-12 hours straight in a day as I have to attend client calls in the evening.

Sales Officer in Mumbai

Axis Bank Department

3.0

• posted on 24 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent.

Salary - Excellent

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth

Sales Executive in Lucknow

Sales Department

3.0

• posted on 24 Dec 2018

3.0

for Salary and Benefits

Likes

It's a good start your career in this sector.

Skill development - Good

+2 more

Dislikes

A lot of work pressure is here , so I don't suggest anyone to join . If we talk about career growth then it is very very slow and same as with your salary even .

Work satisfaction - Poor

+1 more

Sales Executive in Kolkata

Sales Department

2.0

• posted on 27 Mar 2018

1.0

for Salary and Benefits

Likes

It's terrible to work with AXIS SECURITIES LTD. as there has no such comfort & opportunity to work with. Also, there is no growth opportunity of career.

Dislikes

Compensation is not up to the mark. The work pressure is very high. Sometimes, I have to work 12-14 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Though the work is much tuff but the managers didn't appreciate or satisfy as they demand more. Also, there is no on job training for the freshers.

Salary - Bad

+5 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Direct Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Axis Direct in Mumbai?

The average salary of a Cluster Manager at Axis Direct in Mumbai typically ranges from ₹3.1 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Cluster Manager in Mumbai at Axis Direct earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Cluster Manager Salaries at Axis Direct 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 20+ Axis Direct employees in India.

What is the estimated take home salary of a Cluster Manager at Axis Direct in Mumbai?

The estimated take-home salary of a Cluster Manager at Axis Direct in Mumbai typically ranges from ₹31,036 to ₹32,335 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 20+ salaries received from various employees of Axis Direct. 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 Axis Direct in Mumbai?

To be a Cluster Manager at Axis Direct in Mumbai, the key skills required include:

- Sales
- Channel Sales
- channel management
- Business Development Management
- Branch Management

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

Which companies offer higher salaries than Axis Direct for Cluster Manager in India?

Reliance Retail	₹6.5 Lakhs to ₹17.0 Lakhs per year
Reliance General Insurance	₹6.7 Lakhs to ₹17.5 Lakhs per year
Axis Max Life Insurance	₹7.5 Lakhs to ₹13.9 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.8 Lakhs to ₹14.0 Lakhs per year
HDFC Life	₹6.0 Lakhs to ₹12.5 Lakhs per year

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

How the salary growth look like for a Cluster Manager at Axis Direct in Mumbai?

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

Experience	Average Salary Range
1 year	₹3.5 Lakhs to ₹4.5 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
3 years	₹3.3 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.0 Lakhs to ₹4.8 Lakhs per year

and so on.

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Axis Direct Cluster Manager Salaries in Mumbai

Axis Direct Cluster Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Axis Direct latest salaries received from various employees of Axis Direct.