Kotak Securities Mumbai Cluster Head Salaries by 9 Employees

6 - 16 years exp.

₹5.4 Lakhs - ₹8.7 Lakhs

Salary of majority employees

60% less than the average Cluster Head Salary in Financial Services Companies for 6 - 16 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Cluster Head Salary 6 - 16 years exp. (5 salaries)	₹5.4 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Cluster Head Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹8.7 L/yr

Last Updated: 23 Aug 2024

Companies similar to Kotak Securities for Cluster Head in Mumbai

Kotak Securities Cluster Head Salary

6 - 16 years exp. (9 salaries)

₹5.4 L/yr - ₹8.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Cluster Head Salary 13 - 23 years exp. (24 salaries)	₹16.8 L/yr - ₹47 L/yr 335% more	1 job opening
YES SECURITIES Cluster Head Salary 6 - 15 years exp. (19 salaries)	₹5.6 L/yr - ₹13 L/yr 49% more
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HDFC Bank Cluster Head Salary 10 - 21 years exp. (17 salaries)	₹9.6 L/yr - ₹31 L/yr 274% more
IDFC FIRST Bank Cluster Head Salary 13 - 18 years exp. (15 salaries)	₹19.5 L/yr - ₹38.8 L/yr 334% more
Broker Network Cluster Head Salary 8 - 13 years exp. (10 salaries)	₹10.1 L/yr - ₹18 L/yr 143% more

Cluster Head salary at Kotak Securities ranges between ₹5.4 Lakhs to ₹8.7 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Cluster Head salaries in Mumbai

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
14 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
15+ years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

View all

Similar Designation salaries in Kotak Securities

Deputy Manager Salary

(516 salaries)

₹1.95 L/yr - ₹7.45 L/yr

Team Lead Salary

(10 salaries)

₹6.2 L/yr - ₹18 L/yr

Branch Manager Salary

(9 salaries)

₹5 L/yr - ₹11.08 L/yr

Cluster Manager Salary

(6 salaries)

₹3.85 L/yr - ₹6 L/yr

Territory Manager Salary

(4 salaries)

₹8 L/yr - ₹12.9 L/yr

Sales Officer Salary

(3 salaries)

₹2.1 L/yr - ₹4.08 L/yr

Salary related reviews for Kotak Securities

3.0

Rated by 2 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Kotak Securities Cluster Head Salary FAQs

What is the salary of Cluster Head at Kotak Securities in Mumbai?

The average salary of a Cluster Head at Kotak Securities in Mumbai typically ranges from ₹5.4 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Cluster Head in Mumbai at Kotak Securities earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.7 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 9 Kotak Securities employees in India.

What is the estimated take home salary of a Cluster Head at Kotak Securities in Mumbai?

The estimated take-home salary of a Cluster Head at Kotak Securities in Mumbai typically ranges from ₹48,074 to ₹49,212 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹8.7 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 9 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?

Yes Bank	₹16.8 Lakhs to ₹47.0 Lakhs per year
IDFC FIRST Bank	₹19.5 Lakhs to ₹38.8 Lakhs per year
HDFC Bank	₹9.6 Lakhs to ₹31.0 Lakhs per year
Broker Network	₹10.1 Lakhs to ₹18.0 Lakhs per year
YES SECURITIES	₹5.6 Lakhs to ₹13.0 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.

How the salary growth look like for a Cluster Head at Kotak Securities in Mumbai?

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

Experience	Average Salary Range
6 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
7 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
8 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
9 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Kotak Securities Cluster Head Salaries in Mumbai

Kotak Securities Cluster Head salary in Mumbai ranges between ₹5.4 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Securities latest salaries received from various employees of Kotak Securities.