Kotak Securities Bangalore / Bengaluru Cluster Manager Salaries by 6 Employees (Updated 2025)

8 - 10 years exp.

₹4.3 Lakhs - ₹7 Lakhs

Salary of majority employees

40% less than the average Cluster Manager Salary in Financial Services Companies for 8 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 8 - 10 years exp. (4 salaries)	₹4.3 L/yr - ₹5.5 L/yr
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Sales & Business Development Cluster Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹7 L/yr

Last Updated: 24 Feb 2025

Companies similar to Kotak Securities for Cluster Manager in Bangalore / Bengaluru

Kotak Securities Cluster Manager Salary

8 - 10 years exp. (6 salaries)

₹4.3 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Direct Cluster Manager Salary 0 - 7 years exp. (17 salaries)	₹3 L/yr - ₹5.5 L/yr 23% less	2 job openings
Reliance Retail Cluster Manager Salary 8 - 20 years exp. (39 salaries)	₹5.3 L/yr - ₹20 L/yr 109% more
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Stanza Living Cluster Manager Salary 6 - 16 years exp. (29 salaries)	₹5.5 L/yr - ₹15 L/yr 71% more	2 job openings
Aditya Birla Sun Life Insurance Cluster Manager Salary 1 - 13 years exp. (24 salaries)	₹6 L/yr - ₹12.5 L/yr 56% more
PhonePe Cluster Manager Salary 4 - 10 years exp. (21 salaries)	₹10 L/yr - ₹18.7 L/yr 120% more	1 job opening

Cluster Manager salary at Kotak Securities ranges between ₹4.3 Lakhs to ₹7 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Cluster Manager salaries in Bangalore / Bengaluru

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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10 years (3 salaries)	₹4.3 L/yr - ₹7 L/yr

From

Cluster Manager

8 - 12 years exp.

Territory Manager

10 - 19 years exp.

From

Cluster Manager

8 - 12 years exp.

Territory Head

11 - 22 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

Deputy Manager Salary

(95 salaries)

₹2.6 L/yr - ₹6 L/yr

Relationship Manager Salary

(10 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Branch Manager Salary

(4 salaries)

₹5.2 L/yr - ₹9.2 L/yr

Territory Manager Salary

(3 salaries)

₹12.5 L/yr - ₹15 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

1.0

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.

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 Manager Salary FAQs

What is the salary of Cluster Manager at Kotak Securities in Bangalore / Bengaluru?

The average salary of a Cluster Manager at Kotak Securities in Bangalore / Bengaluru typically ranges from ₹4.3 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Cluster Manager in Bangalore / Bengaluru at Kotak Securities earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Cluster Manager 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 6 Kotak Securities employees in India.

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

The estimated take-home salary of a Cluster Manager at Kotak Securities in Bangalore / Bengaluru typically ranges from ₹43,859 to ₹44,966 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 8 years to 10 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 6 salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Manager at Kotak Securities in Bangalore / Bengaluru?

To be a Cluster Manager at Kotak Securities in Bangalore / Bengaluru, the key skills required include:

- Sales
- Team Handling
- Channel Sales
- Client Acquisition
- Distributor Handling

These skills are highly valued at Kotak Securities and are crucial for successful performance in a Software Engineering role.

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

PhonePe	₹10.0 Lakhs to ₹18.7 Lakhs per year
Reliance Retail	₹5.3 Lakhs to ₹20.0 Lakhs per year
Stanza Living	₹5.5 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.0 Lakhs to ₹12.5 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 Manager in companies similar to Kotak Securities in Bangalore / Bengaluru?

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

Axis Direct

₹3.0 Lakhs to ₹5.5 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 Manager at Kotak Securities in Bangalore / Bengaluru?

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

Experience	Average Salary Range
8 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
9 years	₹5.2 Lakhs to ₹6.6 Lakhs per year
10 years	₹4.3 Lakhs to ₹7.0 Lakhs per year

and so on.

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Kotak Securities Cluster Manager Salaries in Bangalore / Bengaluru

Kotak Securities Cluster Manager salary in Bangalore / Bengaluru ranges between ₹4.3 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Securities latest salaries received from various employees of Kotak Securities.

Kotak Securities Cluster Manager salaries in Bangalore / Bengaluru (Updated 2025)

Companies similar to Kotak Securities for Cluster Manager in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Securities Cluster Manager in Bangalore / Bengaluru

Experience wise Kotak Securities Cluster Manager salaries in Bangalore / Bengaluru

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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