Kotak Mahindra Prime Cluster Head Salaries by 4 Employees (Updated 2025)

10 - 18 years exp.

₹14.3 Lakhs - ₹16.3 Lakhs

Low Confidence

Salary of majority employees

15% more than the average Cluster Head Salary in NBFC Companies for 10 - 18 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Cluster Head Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹14.3 L/yr - ₹14.5 L/yr
Login to view exact salary
Sales & Business Development Cluster Head Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹16.5 L/yr

Last Updated: 27 Jan 2025

Companies similar to Kotak Mahindra Prime for Cluster Head

Company name	Avg Annual Salary	Open Jobs
Capital Trust Cluster Head Salary 7 - 14 years exp. (23 salaries)	₹5 L/yr - ₹10 L/yr 56% less
Bajaj Housing Finance Cluster Head Salary 4 - 12 years exp. (8 salaries)	₹12 L/yr - ₹17.8 L/yr 2% less
Login to view exact salary
Vistaar Finance Cluster Head Salary 10 - 17 years exp. (6 salaries)	₹8.2 L/yr - ₹13.3 L/yr 30% less
IKF Finance Cluster Head Salary 12 - 17 years exp. (6 salaries)	₹10.5 L/yr - ₹11.1 L/yr 33% less
Sammaan Capital Limited Cluster Head Salary 11 - 19 years exp. (6 salaries)	₹10 L/yr - ₹27.6 L/yr 30% more
Hero FinCorp Cluster Head Salary 11 - 21 years exp. (5 salaries)	₹15.5 L/yr - ₹20 L/yr At par
Tata Capital Housing Finance Cluster Head Salary 8 - 18 years exp. (5 salaries)	₹10 L/yr - ₹17 L/yr 19% less
Dvara KGFS Cluster Head Salary 7 - 14 years exp. (5 salaries)	₹6 L/yr - ₹8.3 L/yr 58% less
Electronica Finance Cluster Head Salary 4 - 17 years exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 41% less
Shubham Housing Development Finance Cluster Head Salary 13 - 23 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 44% less
Midland Microfin Limited Cluster Head Salary 6 - 8 years exp. (3 salaries)	₹5.8 L/yr - ₹9 L/yr 58% less
Login to view exact salary
Mahindra Rural Housing Finance Cluster Head Salary 8 - 14 years exp. (3 salaries)	₹9.3 L/yr - ₹14 L/yr 33% less
PNB Housing Finance Cluster Head Salary 5 - 16 years exp. (3 salaries)	₹3 L/yr - ₹9.5 L/yr 58% less
MAS Financial Services Cluster Head Salary 13 - 14 years exp. (3 salaries)	₹10 L/yr - ₹18 L/yr 5% less

Cluster Head salary at Kotak Mahindra Prime ranges between ₹14.3 Lakhs to ₹16.3 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Cluster Head salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹29.1 L/yr
11 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹29.1 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
13 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
14 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.6 L/yr
15+ years (AmbitionBox Estimate)	₹15 L/yr - ₹29.2 L/yr

View all

Similar Designation salaries in Kotak Mahindra Prime

Cluster Manager Salary

(19 salaries)

₹6.5 L/yr - ₹11.5 L/yr

Team Lead Salary

(19 salaries)

₹2.05 L/yr - ₹4.2 L/yr

Sales Officer Salary

(61 salaries)

₹1.5 L/yr - ₹4 L/yr

Sales Manager Salary

(98 salaries)

₹2.64 L/yr - ₹11 L/yr

Sales Executive Salary

(242 salaries)

₹1.5 L/yr - ₹3.71 L/yr

Area Manager Salary

(4 salaries)

₹8.35 L/yr - ₹12.15 L/yr

Deputy Manager Salary

(251 salaries)

₹3 L/yr - ₹7.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.62 L/yr

Territory Manager Salary

(4 salaries)

₹5.8 L/yr - ₹9.7 L/yr

Salary related reviews for Kotak Mahindra Prime

3.6

Rated by 2 employees for salary & benefits

Cluster Head in Bangalore / Bengaluru

Car loan finance Department

3.0

• posted on 21 Mar 2021

1.0

for Salary and Benefits

Likes

Incentives was good. Bosses and superiors are always available to discuss issues Flexibility-no punch in time Lot of learning is involved

Job security - Good

Dislikes

Employees have high work pressure Compensation is not so good, you will be promoted role wise, but salary will not be increased. If you are joining before October of the year then you will be eligible for rating and appraisal, else you have to wait for next year appraisal. Due to COVID, Kotak group didn't give any increment or bonus. Few of the colleagues were still at home, and didn't came for work, while others were coming to office during covid as well. No action was taken against them, even if they could have easily reproted to office.So there is a lot of favoritism and partially done in the company. Good ratings arr given to only 1-2 favorite employees and their growth is ensured. Job Expectations vs Compensation is a sheer mismatch Leaves are not easily provided. HR has no say in anything. The muster shows leaves on all weekends, but in reality Employees are coming and working. These are my genuine experiences I am a hard worker and despite all these drawbacks, i have been promoted designation wise in a span of 2.4 yrs. However my salary is still same..what they offered at the time of joining this organization since i didn't get first appraisal due to their before oct joining clause and i wasnt aware of that.. and 2nd appraisal was not given due to COVID Post covid my work is doubled up..te organization is under staffed

Salary - Bad

+3 more

Deputy Manager in Ajmer

Full Time

Sales & Business Development Department

3.0

• posted on 26 Jul 2024

2.0

for Salary and Benefits

Likes

Job stability, transfers, open door policy.

Job security - Excellent

Dislikes

No Promotion policy is defined or followed. No considerable salary hike. You can be sitting at the same salary forever if you don’t switch. Office politics cannot even be described in words. No bonus.

Salary - Poor

+2 more

Senior Area Sales Manager in Madurai

Full Time

Sales & Business Development Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Work culture, individual development, ownership, Job security hi level management recognition and appreciation is good.

Skill development - Good

+5 more

Dislikes

Pay level and incentives not match with market but if our performance is good we get all things

Deputy Manager in Goregaon

Other Department

3.0

• posted on 24 Jan 2021

2.0

for Salary and Benefits

Likes

Great company culture. No pay cuts even in pandemic times. Overall great company to work. But the growth prospects is very slow. Yearly appraisals are below expectations.

Job security - Excellent

+2 more

Dislikes

Mid management involved in politics and favourism based on religion.

Salary - Poor

+2 more

Relationship Manager in Nagpur

Finance Department

5.0

• posted on 24 Jan 2020

4.0

for Salary and Benefits

Likes

... and the culture of the company is excellent, teammates and Superiors are very supportive, need to chnge salary structure, appraisal ratings are too good, learning policies are advanced, work environment is excellent, excellent company for work satisfaction and stability,

Salary - Good

+6 more

Dislikes

Salary structure need to be change

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about Kotak Mahindra Prime?

Ask anonymously on communities.

Kotak Mahindra Prime Cluster Head Salary FAQs

What is the salary of Cluster Head at Kotak Mahindra Prime ?

The average salary of a Cluster Head at Kotak Mahindra Prime in India typically ranges from ₹14.3 Lakhs to ₹16.3 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Cluster Head at Kotak Mahindra Prime earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹15.3 Lakhs per year. Cluster Head Salaries at Kotak Mahindra Prime 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 Kotak Mahindra Prime employees in India.

What is the estimated take home salary of a Cluster Head at Kotak Mahindra Prime in India?

The estimated take-home salary of a Cluster Head at Kotak Mahindra Prime in India typically ranges from ₹1,10,600 to ₹1,13,664 per month. This is based on the average salary range of ₹14.3 Lakhs to ₹16.3 Lakhs per year for employees with experience ranging from 10 years to 18 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 Kotak Mahindra Prime. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Prime for Cluster Head in India?

Sammaan Capital Limited

₹10.0 Lakhs to ₹27.6 Lakhs per year

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

What is the salary of a Cluster Head in companies similar to Kotak Mahindra Prime in India?

The salary of a Cluster Head at companies similar to Kotak Mahindra Prime in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hero FinCorp	₹15.5 Lakhs to ₹20.0 Lakhs per year
Bajaj Housing Finance	₹12.0 Lakhs to ₹17.8 Lakhs per year
MAS Financial Services	₹10.0 Lakhs to ₹18.0 Lakhs per year
Tata Capital Housing Finance	₹10.0 Lakhs to ₹17.0 Lakhs per year
Vistaar Finance	₹8.2 Lakhs to ₹13.3 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 Head at Kotak Mahindra Prime in India?

The salary growth for a Cluster Head at Kotak Mahindra Prime depends on factors such as experience, performance, and promotions. On average, a Cluster Head can expect the following growth trajectory at Kotak Mahindra Prime:

Experience	Average Salary Range
10 years	₹14.3 Lakhs to ₹29.1 Lakhs per year
11 years	₹14.3 Lakhs to ₹29.1 Lakhs per year
12 years	₹14.6 Lakhs to ₹18.6 Lakhs per year
13 years	₹14.6 Lakhs to ₹18.6 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Prime Salaries >
Kotak Mahindra Prime Cluster Head Salaries

Kotak Mahindra Prime Cluster Head salary in India ranges between ₹14.3 Lakhs to ₹16.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.