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Kotak Mahindra Prime Cluster Manager salaries in India (Updated 2025)

Annual salary range
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)
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₹6.7 L/yr - ₹10.5 L/yr

Sales & Business Development
Cluster Manager Salary
7 - 14 years exp. (6 salaries)
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₹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
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Hero FinCorp Cluster Manager Salary

13 - 23 years exp. (80 salaries)

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₹8.4 L/yr - ₹27.5 L/yr

arrow icon 63% more
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Bajaj Housing Finance Cluster Manager Salary

5 - 15 years exp. (48 salaries)

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₹10 L/yr - ₹23.5 L/yr

arrow icon 74% more
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Dvara KGFS Cluster Manager Salary

6 - 14 years exp. (27 salaries)

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₹3.4 L/yr - ₹8 L/yr

arrow icon 48% less
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Finova Capital Cluster Manager Salary

5 - 14 years exp. (25 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 33% less
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Midland Microfin Limited Cluster Manager Salary

1 - 12 years exp. (24 salaries)

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₹3.5 L/yr - ₹6.5 L/yr

arrow icon 50% less
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Home Credit Finance Cluster Manager Salary

6 - 16 years exp. (20 salaries)

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₹4.1 L/yr - ₹9 L/yr

arrow icon 40% less
2 job openings
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₹6.5 L/yr - ₹10.5 L/yr

arrow icon 15% less
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₹9.3 L/yr - ₹11 L/yr

arrow icon 3% less
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₹3.4 L/yr - ₹11 L/yr

arrow icon 30% less
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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 70% less
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Vistaar Finance Cluster Manager Salary

10 - 16 years exp. (5 salaries)

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₹7 L/yr - ₹11.8 L/yr

arrow icon 12% less
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PNB Housing Finance Cluster Manager Salary

8 - 15 years exp. (5 salaries)

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₹5 L/yr - ₹17.3 L/yr

arrow icon 18% more
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Ugro Capital Cluster Manager Salary

9 - 15 years exp. (5 salaries)

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₹6.7 L/yr - ₹12.8 L/yr

arrow icon 1% less
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₹3.6 L/yr - ₹6.5 L/yr

arrow icon 48% less
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Capital Trust Cluster Manager Salary

6 - 13 years exp. (4 salaries)

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₹5.2 L/yr - ₹9 L/yr

arrow icon 35% less
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₹7 L/yr - ₹12.3 L/yr

arrow icon 3% more
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IKF Finance Cluster Manager Salary

13 - 15 years exp. (4 salaries)

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₹9 L/yr - ₹11.4 L/yr

arrow icon 8% more
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₹7.3 L/yr - ₹17.7 L/yr

arrow icon 27% more
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Light Microfinance Cluster Manager Salary

0 - 14 years exp. (4 salaries)

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₹4.5 L/yr - ₹8.8 L/yr

arrow icon 38% less
3 job openings
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Tyger Capital Cluster Manager Salary

5 - 15 years exp. (4 salaries)

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₹6.5 L/yr - ₹8.2 L/yr

arrow icon 25% less
View all
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

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12 years exp.
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13 years exp.
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11 years exp.
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17 years exp.
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15 years exp.
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11 years exp.
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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)

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₹8 L/yr - ₹17.3 L/yr
8 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹17.5 L/yr
10 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹17.7 L/yr
11 years  (3 salaries)

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₹7 L/yr - ₹17.8 L/yr
View all

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
(252 salaries)
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₹3 L/yr - ₹7.5 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
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₹5.8 L/yr - ₹9.7 L/yr
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₹6.2 L/yr - ₹18 L/yr
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₹2 L/yr - ₹7.9 L/yr
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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

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.

read more
  • Salary - Poor
  • +2 more

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

read more

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

read more
  • 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

read more
  • Salary - Bad
  • +3 more

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.

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  • Job security - Excellent
  • +2 more

Dislikes

Mid management involved in politics and favourism based on religion.

  • Salary - Poor
  • +2 more

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,

read more
  • Salary - Good
  • +6 more

Dislikes

Salary structure need to be change

see more salary related reviews

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Kotak Mahindra Prime Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Kotak Mahindra Prime ?
The average salary of a Cluster Manager at Kotak Mahindra Prime in India typically ranges from ₹6.5 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of Cluster Manager at Kotak Mahindra Prime earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Cluster Manager 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 10+ Kotak Mahindra Prime employees in India.
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 in India typically ranges from ₹71,916 to ₹73,770 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 7 years to 17 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 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 Manager in India?
Bajaj Housing Finance ₹10.0 Lakhs to ₹23.5 Lakhs per year
Hero FinCorp ₹8.4 Lakhs to ₹27.5 Lakhs per year
InCred Finance ₹9.3 Lakhs to ₹16.0 Lakhs per year
Tata Capital Housing Finance ₹7.3 Lakhs to ₹17.7 Lakhs per year
PNB Housing Finance ₹5.0 Lakhs to ₹17.3 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 Manager in companies similar to Kotak Mahindra Prime in India?
The salary of a Cluster Manager at companies similar to Kotak Mahindra Prime in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IKF Finance ₹9.0 Lakhs to ₹11.4 Lakhs per year
India Shelter Finance Corporation ₹7.0 Lakhs to ₹12.3 Lakhs per year
Ugro Capital ₹6.7 Lakhs to ₹12.8 Lakhs per year
Aptus Value Housing Finance India ₹9.3 Lakhs to ₹11.0 Lakhs per year
Vistaar Finance ₹7.0 Lakhs to ₹11.8 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 Kotak Mahindra Prime in India?
The salary growth for a Cluster Manager at Kotak Mahindra Prime depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at Kotak Mahindra Prime:

Experience Average Salary Range
7 years ₹8.0 Lakhs to ₹17.3 Lakhs per year
8 years ₹8.7 Lakhs to ₹11.1 Lakhs per year
9 years ₹6.7 Lakhs to ₹17.5 Lakhs per year
10 years ₹7.9 Lakhs to ₹17.7 Lakhs per year
and so on.

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