Kotak Securities Cluster Head Salaries by 30+ Employees (Updated 2024)

6 - 16 years exp.

₹4.5 Lakhs - ₹9.5 Lakhs

Salary of majority employees

55% less than the average Cluster Head Salary in Financial Services Companies for 6 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Head Salary 6 - 16 years exp. (17 salaries)	₹4.5 L/yr - ₹9.5 L/yr
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Sales & Business Development Cluster Head Salary 6 - 16 years exp. (10 salaries)	₹5 L/yr - ₹7.5 L/yr

Last Updated: 1 Dec 2024

Companies similar to Kotak Securities for Cluster Head

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Cluster Head Salary 11 - 13 years exp. (3 salaries)	₹12 L/yr - ₹15.1 L/yr 120% more
HDFC Securities Cluster Head Salary 8 - 19 years exp. (29 salaries)	₹8.2 L/yr - ₹17.1 L/yr 98% more
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Angel One Cluster Head Salary 10 - 19 years exp. (6 salaries)	₹9.5 L/yr - ₹12.3 L/yr 89% more
Motilal Oswal Financial Services Cluster Head Salary 4 - 14 years exp. (13 salaries)	₹5.9 L/yr - ₹19.3 L/yr 87% more
Edelweiss Cluster Head Salary 8 - 18 years exp. (24 salaries)	₹10.6 L/yr - ₹21 L/yr 140% more
SBI Mutual Fund Cluster Head Salary 20 - 22 years exp. (3 salaries)	₹13.5 L/yr - ₹15.8 L/yr 132% more

Cluster Head salary at Kotak Securities ranges between ₹4.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 33 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Cluster Head salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.3 L/yr
7 years (3 salaries)	₹4.5 L/yr - ₹7.5 L/yr
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8 years (4 salaries)	₹4.5 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr
10 years (5 salaries)	₹5 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.3 L/yr
12 years (3 salaries)	₹5.5 L/yr - ₹9 L/yr
13 years (4 salaries)	₹5.2 L/yr - ₹9.2 L/yr
14 years (3 salaries)	₹5 L/yr - ₹8 L/yr
15+ years (6 salaries)	₹6.3 L/yr - ₹9.5 L/yr

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Similar Designation salaries in Kotak Securities

Cluster Manager Salary

(45 salaries)

₹3.75 L/yr - ₹7.25 L/yr

Team Lead Salary

(15 salaries)

₹4.83 L/yr - ₹13.8 L/yr

Sales Officer Salary

(6 salaries)

₹2.1 L/yr - ₹4.1 L/yr

Sales Manager Salary

(20 salaries)

₹2.2 L/yr - ₹6.01 L/yr

Sales Executive Salary

(16 salaries)

₹1.4 L/yr - ₹3.5 L/yr

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(1.6k salaries)

₹2.1 L/yr - ₹7.45 L/yr

Branch Manager Salary

(152 salaries)

₹4.1 L/yr - ₹11.08 L/yr

Territory Manager Salary

(13 salaries)

₹6.5 L/yr - ₹12.9 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Kotak Securities

4.0

Rated by 6 employees for salary & benefits

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

nothing

Dislikes

...ee & care & safety, not client problem solving supporting by senior management, not rise salary continues 3 years. high target pressure. manager not working and not listen and only politics. manager always partiality his favorite person (spy)

Team Lead in Pathanamthitta, KOTTAYAM

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 22 Aug 2022

2.0

for Salary and Benefits

Likes

Incentive Structure.

Dislikes

...ship with Employee and Employer. Employees are Treated more often as Executives. Salary structure is not based on skill and expertise. Stagnant Growth and Career opportunities.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Securities Cluster Head Salary FAQs

What is the salary of Cluster Head at Kotak Securities?

Cluster Head salary at Kotak Securities in India ranges between ₹4.5 Lakhs to ₹9.5 Lakhs for experience between 6 years to 16 years. According to our estimates it is 55% less than the average Cluster Head Salary in India. Salary estimates are based on 33 latest salaries received from various employees of Kotak Securities India.

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

The average salary of a Cluster Head at Kotak Securities is 55% less than the average salary of a Cluster Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Securities to a Cluster Head in India?

Edelweiss Cluster Head Salary - ₹10.6 Lakhs to ₹21.0 Lakhs per year
SBI Mutual Fund Cluster Head Salary - ₹13.5 Lakhs to ₹15.8 Lakhs per year
ICICI Securities Cluster Head Salary - ₹12.0 Lakhs to ₹15.1 Lakhs per year
HDFC Securities Cluster Head Salary - ₹8.2 Lakhs to ₹17.1 Lakhs per year
Angel One Cluster Head Salary - ₹9.5 Lakhs to ₹12.3 Lakhs per year

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

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 Kotak Securities in India?

The estimated take-home salary of a Cluster Head at Kotak Securities ranges between ₹47,825 per month to ₹48,956 per month in India. The take-home salary calculation is based on the average Kotak Securities Cluster Head salary in India which ranges between ₹4.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at Kotak Securities?

According to AmbitionBox, 55% of the Kotak Securities Cluster Heads reported a notice period of 3 Months, 42% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

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Kotak Securities Cluster Head Salaries

Kotak Securities Cluster Head salary in India ranges between ₹4.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 Kotak Securities latest salaries received from various employees of Kotak Securities.