JM Financial Cluster Head Salaries by 20+ Employees (Updated 2025)

8 - 16 years exp.

₹6.3 Lakhs - ₹19.7 Lakhs

Salary of majority employees

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22% less than the average Cluster Head Salary in Financial Services Companies for 8 - 16 years of experience

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Salaries in different departments

Sales & Business Development Cluster Head Salary 8 - 16 years exp. (15 salaries)	Unlock ₹6.3 L/yr - ₹17.5 L/yr
BFSI, Investments & Trading Cluster Head Salary 9 - 16 years exp. (4 salaries)	Unlock ₹7.3 L/yr - ₹19.7 L/yr
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Finance & Accounting Cluster Head Salary 13 - 15 years exp. (AmbitionBox Estimate)	Unlock ₹6.4 L/yr - ₹10.7 L/yr

Last Updated: 5 Feb 2025

Companies similar to JM Financial for Cluster Head

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Cluster Head Salary 4 - 14 years exp. (14 salaries)	Unlock ₹5.9 L/yr - ₹19.3 L/yr 20% more
Edelweiss Cluster Head Salary 7 - 20 years exp. (25 salaries)	Unlock ₹10.6 L/yr - ₹21 L/yr 35% more
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Kotak Mahindra Bank Cluster Head Salary 5 - 12 years exp. (35 salaries)	Unlock ₹3.5 L/yr - ₹12.1 L/yr 22% less
HDFC Bank Cluster Head Salary 9 - 21 years exp. (386 salaries)	Unlock ₹8.5 L/yr - ₹32 L/yr 90% more
ICICI Bank Cluster Head Salary 3 - 19 years exp. (34 salaries)	Unlock ₹6 L/yr - ₹25 L/yr 35% more
Reliance Industries Cluster Head Salary 6 - 14 years exp. (13 salaries)	Unlock ₹8.6 L/yr - ₹15.8 L/yr 15% more
Hindustan Unilever Cluster Head Salary 26 - 31 years exp. (4 salaries)	Unlock ₹30 L/yr - ₹49.4 L/yr 292% more
Bharti Airtel Cluster Head Salary 1 - 15 years exp. (4 salaries)	Unlock ₹8.5 L/yr - ₹11.7 L/yr 11% less	1 job opening
Aditya Birla Capital Cluster Head Salary 4 - 7 years exp. (13 salaries)	Unlock ₹7 L/yr - ₹14.3 L/yr 14% less
Nippon Life India Asset Management Cluster Head Salary 14 - 19 years exp. (8 salaries)	Unlock ₹17.3 L/yr - ₹27 L/yr 88% more
Bajaj Finserv Cluster Head Salary 5 - 17 years exp. (7 salaries)	Unlock ₹7 L/yr - ₹18 L/yr 26% more
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Bajaj Capital Cluster Head Salary 4 - 12 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹15.5 L/yr 9% less
Motilal Oswal Cluster Head Salary 6 - 16 years exp. (4 salaries)	Unlock ₹12 L/yr - ₹30 L/yr 55% more
ICICI Securities Cluster Head Salary 11 - 13 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹15.1 L/yr 26% more
Srei Equipment Finance Cluster Head Salary 16 - 20 years exp. (3 salaries)	Unlock ₹11.1 L/yr - ₹18 L/yr 40% more

Cluster Head salary at JM Financial ranges between ₹6.3 Lakhs to ₹19.7 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 23 latest salaries received from various employees of JM Financial.

Latest annual salaries shared by JM Financial Cluster Head

3w ago

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9 years exp.

3mo ago

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16 years exp.

7mo ago

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10 years exp.

8mo ago

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16 years exp.

1y ago

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9 years exp.

1y ago

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16 years exp.

1y ago

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12 years exp.

1y ago

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14 years exp.

1y ago

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8 years exp.

1y ago

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9 years exp.

Experience wise JM Financial Cluster Head salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹15 L/yr
9 years (4 salaries)	Unlock ₹7.3 L/yr - ₹15.1 L/yr
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10 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹17.5 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹17.5 L/yr
13 years (4 salaries)	Unlock ₹6.4 L/yr - ₹19.9 L/yr
14 years (4 salaries)	Unlock ₹9 L/yr - ₹12.8 L/yr
15+ years (5 salaries)	Unlock ₹6.4 L/yr - ₹19.6 L/yr

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₹6 L/yr - ₹15.25 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr

Sales Manager Salary

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₹3 L/yr - ₹7 L/yr

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₹2.4 L/yr - ₹5.4 L/yr

Area Manager Salary

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₹6.3 L/yr - ₹8 L/yr

Deputy Manager Salary

(15 salaries)

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₹4.75 L/yr - ₹9.3 L/yr

Branch Manager Salary

(6 salaries)

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₹5 L/yr - ₹7.77 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.4 L/yr

Top skills at JM Financial for Cluster Head

Residential Sales Real Estate Sales Retail Sales

Salary related reviews for JM Financial

4.0

Rated by 8 employees for salary & benefits

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 03 May 2023

3.0

for Salary and Benefits

Likes

Weekend off Medical checkup every week Insurance agent meetinf every week

Dislikes

...n worli branch employee have to seat and eat on the desk where u seat for work Most imp if u have vehicle than ready for traffice who take ur vehicle n pay fine again n again coz company does not provide parking facility

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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JM Financial Cluster Head Salary FAQs

What is the salary of Cluster Head at JM Financial?

Cluster Head salary at JM Financial in India ranges between ₹6.3 Lakhs to ₹19.7 Lakhs for experience between 8 years to 16 years. According to our estimates it is 22% less than the average Cluster Head Salary in India. Salary estimates are based on 23 latest salaries received from various employees of JM Financial India.

How does the salary of a Cluster Head at JM Financial India compare with the average salary range for this job?

The average salary of a Cluster Head at JM Financial is 22% less than the average salary of a Cluster Head in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Head at JM Financial?

Residential Sales, Real Estate Sales and Retail Sales are some of the popular skills required to work as a Cluster Head at JM Financial India.

Which similar companies are paying more than JM Financial to a Cluster Head in India?

Hindustan Unilever Cluster Head Salary - ₹30.0 Lakhs to ₹49.4 Lakhs per year
HDFC Bank Cluster Head Salary - ₹8.5 Lakhs to ₹32.0 Lakhs per year
Nippon Life India Asset Management Cluster Head Salary - ₹17.3 Lakhs to ₹27.0 Lakhs per year
Motilal Oswal Cluster Head Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Srei Equipment Finance Cluster Head Salary - ₹11.1 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Cluster Head in companies similar to JM Financial in India?

ICICI Bank Cluster Head Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
Edelweiss Cluster Head Salary - ₹10.6 Lakhs to ₹21.0 Lakhs per year
Bajaj Finserv Cluster Head Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
ICICI Securities Cluster Head Salary - ₹12.0 Lakhs to ₹15.1 Lakhs per year
Motilal Oswal Financial Services Cluster Head Salary - ₹5.9 Lakhs to ₹19.3 Lakhs per year

What is the estimated take home salary of a Cluster Head at JM Financial in India?

The estimated take-home salary of a Cluster Head at JM Financial ranges between ₹78,715 per month to ₹80,761 per month in India. The take-home salary calculation is based on the average JM Financial Cluster Head salary in India which ranges between ₹6.3 Lakhs to ₹19.7 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at JM Financial?

According to AmbitionBox, 38% of the JM Financial Cluster Heads reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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JM Financial Cluster Head Salaries by Location

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JM Financial Cluster Head Salaries

JM Financial Cluster Head salary in India ranges between ₹6.3 Lakhs to ₹19.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 JM Financial latest salaries received from various employees of JM Financial.