Kotak Securities Cluster Manager Salaries by 20+ Employees (Updated 2025)

8 - 12 years exp.

₹3.9 Lakhs - ₹7.3 Lakhs

Salary of majority employees

37% less than the average Cluster Manager Salary in Financial Services Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 8 - 11 years exp. (13 salaries)	₹3.9 L/yr - ₹7.3 L/yr
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Sales & Business Development Cluster Manager Salary 8 - 12 years exp. (11 salaries)	₹4.6 L/yr - ₹7 L/yr

Last Updated: 25 Jan 2025

Companies similar to Kotak Securities for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Cluster Manager Salary 3 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹12.6 L/yr 112% more
HDFC Securities Cluster Manager Salary 10 - 25 years exp. (6 salaries)	₹10 L/yr - ₹16.8 L/yr 122% more
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Axis Direct Cluster Manager Salary 0 - 10 years exp. (322 salaries)	₹2.4 L/yr - ₹5.7 L/yr 34% less
Angel One Cluster Manager Salary 5 - 17 years exp. (4 salaries)	₹5 L/yr - ₹11 L/yr 41% more
Motilal Oswal Financial Services Cluster Manager Salary 6 - 16 years exp. (27 salaries)	₹6.4 L/yr - ₹15.5 L/yr 67% more	1 job opening
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 192% more
Reliance Capital Cluster Manager Salary 7 - 15 years exp. (7 salaries)	₹9 L/yr - ₹13.4 L/yr 95% more

Cluster Manager salary at Kotak Securities ranges between ₹3.9 Lakhs to ₹7.3 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 29 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Cluster Manager salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
8 years (7 salaries)	₹3.9 L/yr - ₹6.5 L/yr
9 years (8 salaries)	₹3.9 L/yr - ₹7.3 L/yr
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10 years (4 salaries)	₹4.3 L/yr - ₹7 L/yr
11 years (7 salaries)	₹4.3 L/yr - ₹7 L/yr
12 years (3 salaries)	₹5.8 L/yr - ₹7 L/yr

From

Cluster Manager

8 - 12 years exp.

Territory Head

10 - 19 years exp.

From

Cluster Manager

8 - 12 years exp.

Territory Manager

10 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Securities

Store Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Cluster Head Salary

(32 salaries)

₹4.5 L/yr - ₹9.85 L/yr

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹18.5 L/yr

Deputy Manager Salary

(1.6k salaries)

₹2.1 L/yr - ₹7.59 L/yr

Sales Manager Salary

(17 salaries)

₹2.2 L/yr - ₹6.01 L/yr

Branch Manager Salary

(153 salaries)

₹4.1 L/yr - ₹11.08 L/yr

Territory Manager Salary

(12 salaries)

₹6.5 L/yr - ₹15 L/yr

Area Sales Manager Salary

(3 salaries)

₹2.3 L/yr - ₹7 L/yr

Relationship Manager Salary

(175 salaries)

₹1.5 L/yr - ₹5 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Top skills at Kotak Securities for Cluster Manager

Sales Team Handling Channel Sales Client Acquisition Distributor Handling Key Account Management channel management Bancassurance Team Management Client Relationship Management Distribution Management Equity banca banca sales Distributor Handling

Salary related reviews for Kotak Securities

3.5

Rated by 11 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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Securities Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Kotak Securities?

Cluster Manager salary at Kotak Securities in India ranges between ₹3.9 Lakhs to ₹7.3 Lakhs for experience between 8 years to 12 years. According to our estimates it is 37% less than the average Cluster Manager Salary in India. Salary estimates are based on 29 latest salaries received from various employees of Kotak Securities India.

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

The average salary of a Cluster Manager at Kotak Securities is 37% less than the average salary of a Cluster Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Manager at Kotak Securities?

Sales, Team Handling, Channel Sales, Client Acquisition and Distributor Handling are some of the popular skills required to work as a Cluster Manager at Kotak Securities India.

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

Edelweiss Cluster Manager Salary - ₹16.0 Lakhs to ₹17.1 Lakhs per year
HDFC Securities Cluster Manager Salary - ₹10.0 Lakhs to ₹16.8 Lakhs per year
ICICI Securities Cluster Manager Salary - ₹8.5 Lakhs to ₹12.6 Lakhs per year
Reliance Capital Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
Motilal Oswal Financial Services Cluster Manager Salary - ₹6.4 Lakhs to ₹15.5 Lakhs per year

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

Angel One Cluster Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
Axis Direct Cluster Manager Salary - ₹2.4 Lakhs to ₹5.7 Lakhs per year

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

The estimated take-home salary of a Cluster Manager at Kotak Securities ranges between ₹43,602 per month to ₹44,714 per month in India. The take-home salary calculation is based on the average Kotak Securities Cluster Manager salary in India which ranges between ₹3.9 Lakhs to ₹7.3 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Securities Cluster Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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Kotak Securities Cluster Manager Salaries by Location

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Kotak Securities Cluster Manager Salaries

Kotak Securities Cluster Manager salary in India ranges between ₹3.9 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Kotak Securities latest salaries received from various employees of Kotak Securities.

Kotak Securities Cluster Manager salaries in India

Companies similar to Kotak Securities for Cluster Manager

Latest annual salaries shared by Kotak Securities Cluster Manager

Experience wise Kotak Securities Cluster Manager salaries

Similar Designation salaries in Kotak Securities

Top skills at Kotak Securities for Cluster Manager

Salary related reviews for Kotak Securities

Deputy Manager in Guwahati

Deputy Manager in Surat

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Kotak Securities Cluster Manager Salary FAQs

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Kotak Securities Cluster Manager Salaries by Location