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Bank of India Mutual Fund Cluster Head salaries in India

Annual salary range
11 - 17 years exp.
₹10 Lakhs - ₹18 Lakhs
Salary of majority employees
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6% less than the average Cluster Head Salary in Financial Services Companies for 11 - 17 years of experience

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Salaries in different departments

Sales & Business Development
Cluster Head Salary
15 - 17 years exp. (3 salaries)
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₹10 L/yr - ₹12.5 L/yr

BFSI, Investments & Trading
Cluster Head Salary
11 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 15 Sep 2023

Companies similar to Bank of India Mutual Fund for Cluster Head

Company name Avg Annual Salary Open Jobs
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HDFC Bank Cluster Head Salary

9 - 21 years exp. (381 salaries)

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₹8.5 L/yr - ₹32 L/yr

arrow icon 57% more
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IDFC FIRST Bank Cluster Head Salary

10 - 20 years exp. (217 salaries)

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₹9.4 L/yr - ₹38.1 L/yr

arrow icon 74% more
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Yes Bank Cluster Head Salary

13 - 24 years exp. (212 salaries)

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₹10.9 L/yr - ₹38.5 L/yr

arrow icon 86% more
1 job opening
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Axis Bank Cluster Head Salary

12 - 22 years exp. (167 salaries)

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₹9.4 L/yr - ₹36.3 L/yr

arrow icon 71% more
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Bandhan Bank Cluster Head Salary

15 - 24 years exp. (98 salaries)

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₹16 L/yr - ₹43 L/yr

arrow icon 140% more
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AU Small Finance Bank Cluster Head Salary

12 - 19 years exp. (87 salaries)

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₹8.4 L/yr - ₹34.9 L/yr

arrow icon 48% more
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IndusInd Bank Cluster Head Salary

9 - 20 years exp. (81 salaries)

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₹4.9 L/yr - ₹21 L/yr

arrow icon 9% less
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Kotak Mahindra Bank Cluster Head Salary

5 - 16 years exp. (51 salaries)

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₹4.3 L/yr - ₹16.9 L/yr

arrow icon 25% less
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ICICI Bank Cluster Head Salary

3 - 19 years exp. (34 salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 11% more
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HDB Financial Services Cluster Head Salary

12 - 24 years exp. (31 salaries)

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₹12 L/yr - ₹23 L/yr

arrow icon 35% more
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Axis Max Life Insurance Cluster Head Salary

6 - 20 years exp. (27 salaries)

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₹7 L/yr - ₹16 L/yr

arrow icon 13% less
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HDFC Life Cluster Head Salary

5 - 16 years exp. (27 salaries)

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₹7.5 L/yr - ₹14 L/yr

arrow icon 22% less
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Bajaj Finance Cluster Head Salary

4 - 17 years exp. (21 salaries)

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₹9.8 L/yr - ₹21.9 L/yr

arrow icon 33% more
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₹7.8 L/yr - ₹17.5 L/yr

arrow icon 14% less
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₹8.1 L/yr - ₹15 L/yr

arrow icon 16% less
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Udaan Cluster Head Salary

9 - 17 years exp. (10 salaries)

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₹7.5 L/yr - ₹24 L/yr

arrow icon 25% more
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HCLTech Cluster Head Salary

5 - 14 years exp. (8 salaries)

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₹4.8 L/yr - ₹7.5 L/yr

arrow icon 56% less
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Ashok Leyland Cluster Head Salary

9 - 24 years exp. (6 salaries)

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₹9.9 L/yr - ₹35 L/yr

arrow icon 83% more
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Deutsche Bank Cluster Head Salary

16 - 23 years exp. (5 salaries)

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₹24.6 L/yr - ₹30 L/yr

arrow icon 97% more
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Standard Chartered Cluster Head Salary

9 - 18 years exp. (4 salaries)

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₹17 L/yr - ₹31 L/yr

arrow icon 63% more
Cluster Head salary at Bank of India Mutual Fund ranges between ₹10 Lakhs to ₹18 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of India Mutual Fund.

Latest annual salaries shared by Bank of India Mutual Fund Cluster Head

1y ago
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16 years exp.
1y ago
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11 years exp.
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15 years exp.
1y ago
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17 years exp.

Experience wise Bank of India Mutual Fund Cluster Head salaries

Last Updated: 15 Sep 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr
15+ years  (3 salaries)

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₹10 L/yr - ₹12.5 L/yr

Similar Designation salaries in Bank of India Mutual Fund

Cluster Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Sales Manager Salary
(4 salaries)
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₹3.2 L/yr - ₹9 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Branch Manager Salary
(3 salaries)
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₹9.5 L/yr - ₹9.6 L/yr
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₹6.9 L/yr - ₹16 L/yr
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₹4 L/yr - ₹4.85 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Bank of India Mutual Fund

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IT & Information Security Department

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  •  posted on 07 Dec 2024

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 for  Salary and Benefits

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...tely realised that this is toxic work environment and i resigned within 1 month. I took 1 month salary and got absconded. I am happy with my decision

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Bank of India Mutual Fund Cluster Head Salary FAQs

What is the salary of Cluster Head at Bank of India Mutual Fund ?
The average salary of a Cluster Head at Bank of India Mutual Fund in India typically ranges from ₹10.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Cluster Head at Bank of India Mutual Fund earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Cluster Head Salaries at Bank of India Mutual Fund 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 Bank of India Mutual Fund employees in India.
What is the estimated take home salary of a Cluster Head at Bank of India Mutual Fund in India?
The estimated take-home salary of a Cluster Head at Bank of India Mutual Fund in India typically ranges from ₹93,294 to ₹95,799 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 11 years to 17 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 Bank of India Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of India Mutual Fund for Cluster Head in India?
Bandhan Bank ₹16.0 Lakhs to ₹43.0 Lakhs per year
Deutsche Bank ₹24.6 Lakhs to ₹30.0 Lakhs per year
Yes Bank ₹10.9 Lakhs to ₹38.5 Lakhs per year
Ashok Leyland ₹9.9 Lakhs to ₹35.0 Lakhs per year
IDFC FIRST Bank ₹9.4 Lakhs to ₹38.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of India Mutual Fund, depending on the role and experience level.
What is the salary of a Cluster Head in companies similar to Bank of India Mutual Fund in India?
The salary of a Cluster Head at companies similar to Bank of India Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹9.4 Lakhs to ₹36.3 Lakhs per year
Standard Chartered ₹17.0 Lakhs to ₹31.0 Lakhs per year
HDFC Bank ₹8.5 Lakhs to ₹32.0 Lakhs per year
AU Small Finance Bank ₹8.4 Lakhs to ₹34.9 Lakhs per year
HDB Financial Services ₹12.0 Lakhs to ₹23.0 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 Head at Bank of India Mutual Fund in India?
The salary growth for a Cluster Head at Bank of India Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Cluster Head can expect the following growth trajectory at Bank of India Mutual Fund:

Experience Average Salary Range
11 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
15 years ₹10.0 Lakhs to ₹12.5 Lakhs per year
and so on.

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Bank of India Mutual Fund Cluster Head salary in India ranges between ₹10 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bank of India Mutual Fund latest salaries received from various employees of Bank of India Mutual Fund.