Kotak Mahindra Prime Cluster Manager Salaries by 10+ Employees (Updated 2025)

7 - 17 years exp.

₹6.5 Lakhs - ₹11.5 Lakhs

Salary of majority employees

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8% more than the average Cluster Manager Salary in NBFC Companies for 7 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 9 - 17 years exp. (8 salaries)	Unlock ₹6.7 L/yr - ₹10.5 L/yr
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Sales & Business Development Cluster Manager Salary 7 - 14 years exp. (6 salaries)	Unlock ₹6.5 L/yr - ₹9.8 L/yr

Last Updated: 1 Mar 2025

Companies similar to Kotak Mahindra Prime for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Manager Salary 5 - 17 years exp. (25 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 8% more
ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	Unlock ₹6 L/yr - ₹25 L/yr 45% more
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Axis Bank Cluster Manager Salary 5 - 17 years exp. (78 salaries)	Unlock ₹4.7 L/yr - ₹15.5 L/yr 5% more
Bajaj Finance Cluster Manager Salary 5 - 17 years exp. (275 salaries)	Unlock ₹8 L/yr - ₹29.5 L/yr 96% more	107 job openings
Tata Capital Cluster Manager Salary 6 - 16 years exp. (22 salaries)	Unlock ₹6.5 L/yr - ₹15.5 L/yr 23% more
Mahindra Finance Cluster Manager Salary 8 - 19 years exp. (34 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 4% more
L&T Finance Cluster Manager Salary 3 - 12 years exp. (8 salaries)	Unlock ₹4.2 L/yr - ₹8.1 L/yr 36% less
Sammaan Capital Limited Cluster Manager Salary 8 - 12 years exp. (3 salaries)	Unlock ₹5 L/yr - ₹10.4 L/yr 20% less
Hero FinCorp Cluster Manager Salary 10 - 20 years exp. (85 salaries)	Unlock ₹7.5 L/yr - ₹27 L/yr 60% more
Bajaj Housing Finance Cluster Manager Salary 5 - 15 years exp. (48 salaries)	Unlock ₹10 L/yr - ₹24 L/yr 74% more
Finova Capital Cluster Manager Salary 5 - 14 years exp. (25 salaries)	Unlock ₹4 L/yr - ₹10 L/yr 32% less
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Home Credit Finance Cluster Manager Salary 6 - 15 years exp. (19 salaries)	Unlock ₹4.1 L/yr - ₹9 L/yr 38% less	2 job openings
Kogta Financial India Limited Cluster Manager Salary 8 - 20 years exp. (13 salaries)	Unlock ₹6.5 L/yr - ₹10.5 L/yr 15% less
Aptus Value Housing Finance India Cluster Manager Salary 8 - 19 years exp. (6 salaries)	Unlock ₹9.3 L/yr - ₹11 L/yr 3% less	1 job opening
Mahindra Rural Housing Finance Cluster Manager Salary 6 - 13 years exp. (6 salaries)	Unlock ₹3.4 L/yr - ₹11 L/yr 30% less
Muthoottu Mini Financiers Cluster Manager Salary 0 - 12 years exp. (6 salaries)	Unlock ₹2.4 L/yr - ₹4.2 L/yr 70% less
Vistaar Finance Cluster Manager Salary 10 - 16 years exp. (5 salaries)	Unlock ₹7 L/yr - ₹11.8 L/yr 12% less
Ugro Capital Cluster Manager Salary 9 - 15 years exp. (5 salaries)	Unlock ₹6.7 L/yr - ₹12.8 L/yr 1% less
Shubham Housing Development Finance Cluster Manager Salary 6 - 12 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹5.5 L/yr 56% less
India Shelter Finance Corporation Cluster Manager Salary 7 - 12 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹12.3 L/yr 3% more

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Cluster Manager salary at Kotak Mahindra Prime ranges between ₹6.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Prime.

Latest annual salaries shared by Kotak Mahindra Prime Cluster Manager

3d ago

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12 years exp.

2mo ago

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13 years exp.

2mo ago

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11 years exp.

5mo ago

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17 years exp.

1y ago

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15 years exp.

1y ago

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11 years exp.

1y ago

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10 years exp.

1y ago

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11 years exp.

1y ago

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9 years exp.

1y ago

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14 years exp.

Experience wise Kotak Mahindra Prime Cluster Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹17.3 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹8.7 L/yr - ₹11.1 L/yr
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9 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹17.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹7.9 L/yr - ₹17.7 L/yr
11 years (3 salaries)	Unlock ₹7 L/yr - ₹17.8 L/yr
12 years (3 salaries)	Unlock ₹6.5 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹18.1 L/yr
14 years (3 salaries)	Unlock ₹6.5 L/yr - ₹18.2 L/yr
15+ years (4 salaries)	Unlock ₹7.1 L/yr - ₹18.4 L/yr

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Similar Designation salaries in Kotak Mahindra Prime

Cluster Head Salary

(4 salaries)

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₹14.3 L/yr - ₹16.27 L/yr

Area Manager Salary

(4 salaries)

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₹8.35 L/yr - ₹12.15 L/yr

Deputy Manager Salary

(316 salaries)

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₹3.5 L/yr - ₹7.7 L/yr

Business Manager Salary

(AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr

Sales Manager Salary

(98 salaries)

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₹2.64 L/yr - ₹11 L/yr

Branch Manager Salary

(6 salaries)

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₹6.5 L/yr - ₹8.62 L/yr

Territory Manager Salary

(4 salaries)

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₹5.8 L/yr - ₹9.7 L/yr

Area Sales Manager Salary

(84 salaries)

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₹6.2 L/yr - ₹18 L/yr

Relationship Manager Salary

(272 salaries)

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₹1.87 L/yr - ₹8 L/yr

Senior Sales Manager Salary

(4 salaries)

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₹7 L/yr - ₹8 L/yr

Salary related reviews for Kotak Mahindra Prime

4.2

Rated by 6 employees for salary & benefits

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

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 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

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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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Kotak Mahindra Prime Cluster Manager Salary FAQs

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

Cluster Manager salary at Kotak Mahindra Prime in India ranges between ₹6.5 Lakhs to ₹11.5 Lakhs for experience between 7 years to 17 years. According to our estimates it is 8% more than the average Cluster Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Prime India.

How does the salary of a Cluster Manager at Kotak Mahindra Prime India compare with the average salary range for this job?

The average salary of a Cluster Manager at Kotak Mahindra Prime is 8% more than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Prime to a Cluster Manager in India?

Bajaj Finance Cluster Manager Salary - ₹8.0 Lakhs to ₹29.5 Lakhs per year
Bajaj Housing Finance Cluster Manager Salary - ₹10.0 Lakhs to ₹24.0 Lakhs per year
Hero FinCorp Cluster Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
ICICI Bank Cluster Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
InCred Finance Cluster Manager Salary - ₹9.3 Lakhs to ₹16.0 Lakhs per year

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

Tata Capital Housing Finance Cluster Manager Salary - ₹7.3 Lakhs to ₹17.7 Lakhs per year
Tata Capital Cluster Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
HDFC Bank Cluster Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Axis Bank Cluster Manager Salary - ₹4.7 Lakhs to ₹15.5 Lakhs per year
Mahindra Finance Cluster Manager Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at Kotak Mahindra Prime ranges between ₹71,916 per month to ₹73,770 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Prime Cluster Manager salary in India which ranges between ₹6.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 7 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Manager at Kotak Mahindra Prime?

According to AmbitionBox, 79% of the Kotak Mahindra Prime Cluster Managers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Cluster Manager Salaries

Kotak Mahindra Prime Cluster Manager salary in India ranges between ₹6.5 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.