Kotak Securities Cluster Head Salaries by 30+ Employees (Updated 2025)

6 - 16 years exp.

₹4.5 Lakhs - ₹9.9 Lakhs

Salary of majority employees

56% 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. (16 salaries)	₹4.5 L/yr - ₹9.9 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: 5 Jan 2025

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 123% more
HDFC Securities Cluster Head Salary 8 - 19 years exp. (33 salaries)	₹7.1 L/yr - ₹17.1 L/yr 99% more
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Angel One Cluster Head Salary 10 - 19 years exp. (6 salaries)	₹9.5 L/yr - ₹12.3 L/yr 90% more
Motilal Oswal Financial Services Cluster Head Salary 4 - 14 years exp. (14 salaries)	₹5.9 L/yr - ₹19.3 L/yr 113% more
Edelweiss Cluster Head Salary 7 - 20 years exp. (25 salaries)	₹10.6 L/yr - ₹21 L/yr 139% more
SBI Mutual Fund Cluster Head Salary 20 - 22 years exp. (3 salaries)	₹13.5 L/yr - ₹15.8 L/yr 135% more

Cluster Head salary at Kotak Securities ranges between ₹4.5 Lakhs to ₹9.9 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 30 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Cluster Head salaries

Last Updated: 5 Jan 2025

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 (AmbitionBox Estimate)	₹4.5 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.2 L/yr
10 years (4 salaries)	₹5.4 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.2 L/yr
12 years (3 salaries)	₹5.5 L/yr - ₹9 L/yr
13 years (4 salaries)	₹5.2 L/yr - ₹9.9 L/yr
14 years (3 salaries)	₹5 L/yr - ₹8 L/yr
15+ years (6 salaries)	₹6.3 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in Kotak Securities

Cluster Manager Salary

(29 salaries)

₹3.85 L/yr - ₹7.25 L/yr

Team Lead Salary

(15 salaries)

₹5.56 L/yr - ₹18 L/yr

Sales Officer Salary

(7 salaries)

₹2.1 L/yr - ₹4.1 L/yr

Sales Manager Salary

(15 salaries)

₹2.2 L/yr - ₹6.01 L/yr

Sales Executive Salary

(17 salaries)

₹1.4 L/yr - ₹3.9 L/yr

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(1.6k salaries)

₹1.95 L/yr - ₹7.45 L/yr

Branch Manager Salary

(139 salaries)

₹4.1 L/yr - ₹11.5 L/yr

Territory Manager Salary

(12 salaries)

₹6.5 L/yr - ₹15 L/yr

Regional Manager Salary

(3 salaries)

₹10 L/yr - ₹14 L/yr

Salary related reviews for Kotak Securities

3.5

Rated by 7 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.

Salary - Bad

+6 more

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

Salary - Good

+2 more

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

Company culture - Bad

+1 more

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 😕

Salary - Bad

+6 more

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Salary - Poor

+5 more

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)

Salary - Bad

+5 more

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Kotak Securities Cluster Head Salary FAQs

What is the salary of Cluster Head at Kotak Securities ?

The average salary of a Cluster Head at Kotak Securities in India typically ranges from ₹4.5 Lakhs to ₹9.9 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Cluster Head at Kotak Securities earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.9 Lakhs per year. Cluster Head Salaries at Kotak Securities 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 30+ Kotak Securities employees in India.

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 in India typically ranges from ₹47,327 to ₹48,447 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹9.9 Lakhs per year for employees with experience ranging from 6 years to 16 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 30+ salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Edelweiss	₹10.6 Lakhs to ₹21.0 Lakhs per year
SBI Mutual Fund	₹13.5 Lakhs to ₹15.8 Lakhs per year
ICICI Securities	₹12.0 Lakhs to ₹15.1 Lakhs per year
Motilal Oswal Financial Services	₹5.9 Lakhs to ₹19.3 Lakhs per year
HDFC Securities	₹7.1 Lakhs to ₹17.1 Lakhs per year

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

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

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

Angel One

₹9.5 Lakhs to ₹12.3 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 Securities in India?

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

Experience	Average Salary Range
6 years	₹5.5 Lakhs to ₹6.3 Lakhs per year
7 years	₹4.5 Lakhs to ₹7.5 Lakhs per year
8 years	₹4.5 Lakhs to ₹7.3 Lakhs per year
9 years	₹2.4 Lakhs to ₹6.2 Lakhs per year

and so on.

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Kotak Securities Cluster Head Salaries

Kotak Securities Cluster Head salary in India ranges between ₹4.5 Lakhs to ₹9.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Kotak Securities latest salaries received from various employees of Kotak Securities.