Kotak Securities Cluster Manager Banca Salaries by 4 Employees (Updated 2025)

5 - 9 years exp.

₹4 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Cluster Manager Banca Salary in Financial Services Companies for 5 - 9 years of experience

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Last Updated: 27 Jun 2024

Companies similar to Kotak Securities for Cluster Manager Banca

Company name	Avg Annual Salary	Open Jobs
Axis Direct Cluster Manager Banca Salary 0 - 9 years exp. (17 salaries)	₹2.8 L/yr - ₹4.5 L/yr 23% less
Care Health Insurance Cluster Manager Banca Salary 2 - 14 years exp. (84 salaries)	₹2.7 L/yr - ₹6.1 L/yr 2% more
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HDFC Life Cluster Manager Banca Salary 6 - 16 years exp. (47 salaries)	₹6.5 L/yr - ₹11.5 L/yr 104% more
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary 7 - 15 years exp. (31 salaries)	₹6.1 L/yr - ₹12 L/yr 85% more
Star Health & Allied Insurance Cluster Manager Banca Salary 4 - 13 years exp. (20 salaries)	₹4.3 L/yr - ₹9.8 L/yr 52% more

Cluster Manager Banca salary at Kotak Securities ranges between ₹4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Cluster Manager Banca salaries

Last Updated: 27 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

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Salary related reviews for Kotak Securities

Rated by 1 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 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.

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)

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Securities Cluster Manager Banca Salary FAQs

What is the salary of Cluster Manager Banca at Kotak Securities?

Cluster Manager Banca salary at Kotak Securities in India ranges between ₹4.0 Lakhs to ₹4.8 Lakhs for experience between 5 years to 9 years. According to our estimates it is 38% less than the average Cluster Manager Banca Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities India.

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

The average salary of a Cluster Manager Banca at Kotak Securities is 38% less than the average salary of a Cluster Manager Banca in India. To know exact salary insights, login to view.

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

HDFC Life Cluster Manager Banca Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year
Aditya Birla Sun Life Insurance Cluster Manager Banca Salary - ₹6.1 Lakhs to ₹12.0 Lakhs per year
Star Health & Allied Insurance Cluster Manager Banca Salary - ₹4.3 Lakhs to ₹9.8 Lakhs per year
Care Health Insurance Cluster Manager Banca Salary - ₹2.7 Lakhs to ₹6.1 Lakhs per year

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

Axis Direct Cluster Manager Banca Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Cluster Manager Banca at Kotak Securities ranges between ₹32,543 per month to ₹33,820 per month in India. The take-home salary calculation is based on the average Kotak Securities Cluster Manager Banca salary in India which ranges between ₹4.0 Lakhs to ₹4.8 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Securities Cluster Manager Bancas reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Securities Cluster Manager Banca Salaries

Kotak Securities Cluster Manager Banca salary in India ranges between ₹4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Securities latest salaries received from various employees of Kotak Securities.