JM Financial Cluster Manager Salaries by 9 Employees (Updated 2025)

9 - 18 years exp.

₹8.7 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

34% more than the average Cluster Manager Salary in Financial Services Companies for 9 - 18 years of experience

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Salaries in different departments

Sales & Business Development Cluster Manager Salary 9 - 18 years exp. (6 salaries)	₹8.7 L/yr - ₹15 L/yr
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BFSI, Investments & Trading Cluster Manager Salary 12 - 15 years exp. (3 salaries)	₹11.6 L/yr - ₹13.9 L/yr

Last Updated: 3 Mar 2024

Companies similar to JM Financial for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Cluster Manager Salary 6 - 16 years exp. (27 salaries)	₹6.4 L/yr - ₹15.5 L/yr 21% less	1 job opening
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 37% more
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Kotak Mahindra Bank Cluster Manager Salary 9 - 16 years exp. (51 salaries)	₹4.5 L/yr - ₹17 L/yr 11% less
HDFC Bank Cluster Manager Salary 9 - 18 years exp. (23 salaries)	₹8.2 L/yr - ₹20 L/yr At par
ICICI Bank Cluster Manager Salary 8 - 14 years exp. (38 salaries)	₹6 L/yr - ₹25 L/yr 16% more
Reliance Industries Cluster Manager Salary 4 - 20 years exp. (45 salaries)	₹4 L/yr - ₹14.5 L/yr 20% less
TCS Cluster Manager Salary 5 - 19 years exp. (5 salaries)	₹3 L/yr - ₹12.4 L/yr 43% less
Hindustan Unilever Cluster Manager Salary 5 - 12 years exp. (3 salaries)	₹3.6 L/yr - ₹20 L/yr 14% less
Bharti Airtel Cluster Manager Salary 8 - 16 years exp. (87 salaries)	₹7 L/yr - ₹14.4 L/yr 12% less
Bajaj Finserv Cluster Manager Salary 5 - 14 years exp. (302 salaries)	₹7.9 L/yr - ₹27.8 L/yr 53% more
Aditya Birla Capital Cluster Manager Salary 0 - 13 years exp. (165 salaries)	₹5 L/yr - ₹14 L/yr 29% less
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ICICI Securities Cluster Manager Salary 3 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹12.6 L/yr At par
Nippon Life India Asset Management Cluster Manager Salary 13 - 18 years exp. (9 salaries)	₹13 L/yr - ₹19.8 L/yr 20% more	2 job openings
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 8% less
Bajaj Capital Cluster Manager Salary 0 - 11 years exp. (5 salaries)	₹2 L/yr - ₹9.6 L/yr 53% less
Religare Cluster Manager Salary 0 - 17 years exp. (5 salaries)	₹3.3 L/yr - ₹6 L/yr 60% less
Shriram Housing Finance Cluster Manager Salary 9 - 12 years exp. (3 salaries)	₹4.7 L/yr - ₹9 L/yr 36% less

Cluster Manager salary at JM Financial ranges between ₹8.7 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 9 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Cluster Manager salaries

Last Updated: 3 Mar 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹20.5 L/yr
10 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
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11 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹13.9 L/yr
13 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹11 L/yr - ₹12.5 L/yr
15+ years (3 salaries)	₹5.1 L/yr - ₹15 L/yr

View all

Similar Designation salaries in JM Financial

Cluster Head Salary

(22 salaries)

₹6.25 L/yr - ₹17.5 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Deputy Manager Salary

(10 salaries)

₹4.75 L/yr - ₹9.3 L/yr

Sales Manager Salary

(47 salaries)

₹3 L/yr - ₹6.51 L/yr

Branch Manager Salary

(10 salaries)

₹5 L/yr - ₹10.81 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Area Sales Manager Salary

(15 salaries)

₹5.25 L/yr - ₹14 L/yr

Relationship Manager Salary

(31 salaries)

₹2.3 L/yr - ₹5.5 L/yr

Senior Sales Manager Salary

(6 salaries)

₹3.5 L/yr - ₹7.3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Top skills at JM Financial for Cluster Manager

Bfsi Sales Wealth Management Portfolio Management CFA

Salary related reviews for JM Financial

1.6

Rated by 2 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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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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JM Financial Cluster Manager Salary FAQs

What is the salary of Cluster Manager at JM Financial?

Cluster Manager salary at JM Financial in India ranges between ₹8.7 Lakhs to ₹15.0 Lakhs for experience between 9 years to 18 years. According to our estimates it is 34% more than the average Cluster Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of JM Financial India.

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

The average salary of a Cluster Manager at JM Financial is 34% more than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

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

Bfsi Sales, Wealth Management, Portfolio Management and CFA are some of the popular skills required to work as a Cluster Manager at JM Financial India.

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

Bajaj Finserv Cluster Manager Salary - ₹7.9 Lakhs to ₹27.8 Lakhs per year
Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
Nippon Life India Asset Management Cluster Manager Salary - ₹13.0 Lakhs to ₹19.8 Lakhs per year
ICICI Bank Cluster Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹8.2 Lakhs to ₹20.0 Lakhs per year

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

ICICI Securities Cluster Manager Salary - ₹8.5 Lakhs to ₹12.6 Lakhs per year
Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
Kotak Mahindra Bank Cluster Manager Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
Bharti Airtel Cluster Manager Salary - ₹7.0 Lakhs to ₹14.4 Lakhs per year
Hindustan Unilever Cluster Manager Salary - ₹3.6 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at JM Financial ranges between ₹86,837 per month to ₹89,113 per month in India. The take-home salary calculation is based on the average JM Financial Cluster Manager salary in India which ranges between ₹8.7 Lakhs to ₹15.0 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the JM Financial Cluster Managers reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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JM Financial Cluster Manager Salaries

JM Financial Cluster Manager salary in India ranges between ₹8.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 JM Financial latest salaries received from various employees of JM Financial.