ICICI Securities Cluster Manager Salaries by 10+ Employees

3 - 16 years exp.

₹8.5 Lakhs - ₹12.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% more than the average Cluster Manager Salary in Financial Services Companies for 3 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 3 - 16 years exp. (7 salaries)	₹12 L/yr - ₹12.6 L/yr
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Sales & Business Development Cluster Manager Salary 11 - 16 years exp. (6 salaries)	₹8.5 L/yr - ₹12.2 L/yr

Last Updated: 29 Dec 2023

Companies similar to ICICI Securities for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Cluster Manager Salary 0 - 13 years exp. (175 salaries)	₹5 L/yr - ₹13 L/yr 31% less
Kotak Securities Cluster Manager Salary 8 - 12 years exp. (29 salaries)	₹3.9 L/yr - ₹7.3 L/yr 52% less
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Motilal Oswal Financial Services Cluster Manager Salary 6 - 17 years exp. (29 salaries)	₹4.9 L/yr - ₹15.5 L/yr 17% less
SBI Securities Cluster Manager Salary 4 - 17 years exp. (13 salaries)	₹6 L/yr - ₹8.7 L/yr 45% less
Bajaj Capital Cluster Manager Salary 0 - 11 years exp. (5 salaries)	₹2 L/yr - ₹9.6 L/yr 53% less
Cholamandalam Investment & Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹13 L/yr 14% less

Cluster Manager salary at ICICI Securities ranges between ₹8.5 Lakhs to ₹12.6 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 13 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Cluster Manager salaries

Last Updated: 29 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹12.5 L/yr
4 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
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5 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹12.6 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹12.6 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹12.5 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹22 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹22 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹22 L/yr
15+ years (4 salaries)	₹8.5 L/yr - ₹22.1 L/yr

View all

From

Cluster Manager

₹

Lakhs/yr

3 - 16 years exp.

Assistant Vice President

₹

Lakhs/yr

7 - 20 years exp.

Cluster Manager 3 - 16 years exp.

Senior Cluster Manager 11 - 14 years exp.

32% hike

Assistant Vice President 7 - 20 years exp.

89% hike

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 ICICI Securities

Cluster Head Salary

(3 salaries)

₹12 L/yr - ₹15.1 L/yr

Area Manager Salary

(12 salaries)

₹5.75 L/yr - ₹13 L/yr

Deputy Manager Salary

(23 salaries)

₹4 L/yr - ₹7 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Sales Manager Salary

(268 salaries)

₹1.8 L/yr - ₹4.25 L/yr

Branch Manager Salary

(152 salaries)

₹4.25 L/yr - ₹10 L/yr

Territory Manager Salary

(4 salaries)

₹3 L/yr - ₹8 L/yr

Area Sales Manager Salary

(7 salaries)

₹3.5 L/yr - ₹5.2 L/yr

Relationship Manager Salary

(288 salaries)

₹1.5 L/yr - ₹8 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for ICICI Securities

3.7

Rated by 5 employees for salary & benefits

Senior Sales Manager in Ahmedabad

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2023

4.0

for Salary and Benefits

Likes

...you can learn a new things from bank branches and also from bank employees......salary hike is good

Salary - Good

+2 more

Dislikes

There is senior sales manager role is like a regional head but no senior support and no system allocation to us so wrost about a system

Work satisfaction - Poor

+1 more

Relationship Manager in Mumbai

Sales Department

2.0

• posted on 14 Jun 2021

2.0

for Salary and Benefits

Likes

... pays less but there's at least mental peace to an extent and work life balance. The only good thing at ICICI Securities is salary for freshers.

Dislikes

The culture and the bosses. Everyone cares about sales here. If you don't do sales, don't achieve targets then they would treat you like sh"t and take out your work life balance because you will be made to work for like 12 hours a day. Nobody cares except sales in this company.

Salary - Poor

+6 more

AVP in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 29 Nov 2024

4.0

for Salary and Benefits

Likes

-compensation -work/life balance

Salary - Good

+2 more

Dislikes

-people and culture. still working in era of 5 day week with people having pseudo seniority complex. - no infra for newer tech. still stuck in ProC and Oracle. Microservice is an alien concept here

Skill development - Bad

+3 more

Senior Relationship Manager in Chennai

Full Time

Marketing & Communication Department

1.0

• posted on 16 Dec 2023

2.0

for Salary and Benefits

Likes

If you complete your target (depending on manager demand), you can enjoy bonus.

Dislikes

Traget pressure can make you a cold-blooded person because you need to acquire new clients every day. There are a total of 17 products you need to sell to the customers by calling them and asking them to invest. If you have a big family or friends circle, you can join this company because you can ask your friends or family to open an account, which will be easy to achieve weekly and monthly target.

Salary - Poor

+4 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

...nings and growth to the Securities Market as well as in my Career Opportunities. The benefits and compensation, HR policies were also good which helped me to become financially independent person. Thank you ICICI Securities for giving me all this and I would love to be the part of this organisation again!

Salary - Excellent

+6 more

Dislikes

At times it was hard to handle the excessive pressure but was manageable. Also, to take leaves was really a tough job when it is genuinely needed and you have leave balance left.

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Salary Discussions, Hike & Promotions

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

95 participants . expiring in 2d

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ICICI Securities Cluster Manager Salary FAQs

What is the salary of Cluster Manager at ICICI Securities ?

The average salary of a Cluster Manager at ICICI Securities in India typically ranges from ₹8.5 Lakhs to ₹12.6 Lakhs per year, depending on experience (from 3 years to 16 years).

The top 10% of Cluster Manager at ICICI Securities earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹12.6 Lakhs per year. Cluster Manager Salaries at ICICI Securities 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 10+ ICICI Securities employees in India.

What is the estimated take home salary of a Cluster Manager at ICICI Securities in India?

The estimated take-home salary of a Cluster Manager at ICICI Securities in India typically ranges from ₹86,750 to ₹89,024 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹12.6 Lakhs per year for employees with experience ranging from 3 years to 16 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 10+ salaries received from various employees of ICICI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Cluster Manager in companies similar to ICICI Securities in India?

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

Cholamandalam Investment & Finance	₹9.6 Lakhs to ₹13.0 Lakhs per year
Motilal Oswal Financial Services	₹4.9 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Capital	₹5.0 Lakhs to ₹13.0 Lakhs per year
SBI Securities	₹6.0 Lakhs to ₹8.7 Lakhs per year
Kotak Securities	₹3.9 Lakhs to ₹7.3 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 ICICI Securities in India?

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

Experience	Average Salary Range
3 years	₹4.9 Lakhs to ₹12.5 Lakhs per year
4 years	₹11.0 Lakhs to ₹14.0 Lakhs per year
5 years	₹11.0 Lakhs to ₹14.0 Lakhs per year
6 years	₹11.0 Lakhs to ₹14.0 Lakhs per year

and so on.

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ICICI Securities Cluster Manager Salaries

ICICI Securities Cluster Manager salary in India ranges between ₹8.5 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 ICICI Securities latest salaries received from various employees of ICICI Securities.