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based on 2.4k Reviews

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Motilal Oswal Financial Services Cluster Manager salaries in Mumbai

Annual salary range
6 - 13 years exp.
₹7.5 Lakhs - ₹16.5 Lakhs
Salary of majority employees
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At par with the average Cluster Manager Salary in Financial Services Companies for 6 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Cluster Manager Salary
7 - 13 years exp. (4 salaries)
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₹10.8 L/yr - ₹16.5 L/yr

BFSI, Investments & Trading
Cluster Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹12 L/yr

Marketing & Communication
Cluster Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.5 L/yr

Last Updated: 30 Sep 2023

Companies similar to Motilal Oswal Financial Services for Cluster Manager in Mumbai

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Motilal Oswal Financial Services Cluster Manager Salary

6 - 13 years exp. (6 salaries)

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₹7.5 L/yr - ₹16.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Cluster Manager Salary

9 - 14 years exp. (6 salaries)

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₹9 L/yr - ₹13.4 L/yr

arrow icon 17% more
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Axis Bank Cluster Manager Salary

8 - 13 years exp. (5 salaries)

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₹6.5 L/yr - ₹12 L/yr

arrow icon 1% more
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Bajaj Finance Cluster Manager Salary

6 - 13 years exp. (15 salaries)

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₹13 L/yr - ₹22 L/yr

arrow icon 87% more
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Axis Direct Cluster Manager Salary

0 - 9 years exp. (25 salaries)

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₹3.1 L/yr - ₹5 L/yr

arrow icon 61% less
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Kotak Securities Cluster Manager Salary

6 - 11 years exp. (7 salaries)

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₹3.9 L/yr - ₹6.3 L/yr

arrow icon 42% less
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Bajaj Finserv Cluster Manager Salary

6 - 9 years exp. (5 salaries)

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₹10.1 L/yr - ₹20 L/yr

arrow icon 85% more
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Aditya Birla Capital Cluster Manager Salary

3 - 9 years exp. (5 salaries)

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₹7.8 L/yr - ₹8 L/yr

arrow icon 20% less
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ICICI Securities Cluster Manager Salary

11 - 14 years exp. (4 salaries)

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₹12 L/yr - ₹12.1 L/yr

arrow icon 21% more
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JM Financial Cluster Manager Salary

12 - 15 years exp. (3 salaries)

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₹12.5 L/yr - ₹13.9 L/yr

arrow icon 26% more
Cluster Manager salary at Motilal Oswal Financial Services ranges between ₹7.5 Lakhs to ₹16.5 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of Motilal Oswal Financial Services.

Latest annual salaries shared by Motilal Oswal Financial Services Cluster Manager in Mumbai

1y ago
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9 years exp.
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11 years exp.
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13 years exp.
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7 years exp.
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13 years exp.

Experience wise Motilal Oswal Financial Services Cluster Manager salaries in Mumbai

Last Updated: 30 Sep 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
9 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.2 L/yr
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Similar Designation salaries in Motilal Oswal Financial Services

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₹1.8 L/yr - ₹6.4 L/yr
Sales Manager Salary
(16 salaries)
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₹3.95 L/yr - ₹8 L/yr
Area Manager Salary
(16 salaries)
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₹3.8 L/yr - ₹7.31 L/yr
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₹2.8 L/yr - ₹5.6 L/yr
Branch Manager Salary
(8 salaries)
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₹4.8 L/yr - ₹10.57 L/yr
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₹5.9 L/yr - ₹12 L/yr
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₹3.8 L/yr - ₹11.5 L/yr
Deputy Manager Salary
(5 salaries)
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₹3.5 L/yr - ₹8 L/yr
Cluster Head Salary
(4 salaries)
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₹11 L/yr - ₹19.3 L/yr

Top skills at Motilal Oswal Financial Services for Cluster Manager

Wealth Management HNI Client Handling Team Handling Mutual Funds Relationship Management Sales Team Management hni wealth Portfolio Management Third Party HNI Sales Bfsi Sales broking Financial Planning

Salary related reviews for Motilal Oswal Financial Services

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 12 Dec 2024

3.0
 for  Salary and Benefits

Likes

1. Best learning environment 2. Supporting team members & reporting managers. 3. Growth mindset for business & in personal level 4. Work satisfaction & key focus on work life balance

read more

Dislikes

1. Base salary structure should be improved. 2. More dependent on variable pay/incentive 3. 2 years waiting period to get the promotion/role change.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 12 Apr 2024

2.0
 for  Salary and Benefits

Likes

Nothing to like about MOFSL No work life balance at all. Toxic work environment.

Dislikes

...e sales target, no training job products. Hr & manager is not supportive at all. Even salary is deduced without prior notice to employees. if target not achieved. Fnf settlement even not paid if they have terminated u in notice period. Pls don't join here.

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 18 Dec 2023

3.0
 for  Salary and Benefits

Likes

Being always supportive nature here including managers, HRs. They keep motivating and focus on our work. our work is always been appreciated at MOFSL, also faced some challenges in work but with the help of seniors was able to overcome it. love to work at MOTILAL OSWAL Financial Services Limited.

read more

Dislikes

Nothing as of such, just salary hike is slow

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 May 2023

3.0
 for  Salary and Benefits

Likes

Management teams are good you will never face any kind of issue regarding your salary.

read more

Dislikes

Maximum time politics you will face in every department and infront you they will be like all things are good but behind you they talk shit about you if you ask for any kind of help they will say yes and forget, you will never get any help for any things. Everyone wants to be boss here. Talking in a same tone every time and big big promises every were. Don't trust anyone here if you trust them in every manger. Then it's your fault in case of your manager or colleagues.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 21 Oct 2023

5.0
 for  Salary and Benefits

Likes

Company is really very good... Staff like Hr admin security also fantastic... Salary is on time. paid leaves 45 in a year. Company also provide picnic facility, month's last Friday as fun Friday along with snacks, extra programs from HR team and big function on annual day.

read more

Dislikes

If you wanna die then join thane branch of this company. Never logout on time, sometime 8.30 pm, sometimes 8pm and if your luck is with you then 7.30pm. working on Sunday, sometime working on companies holiday. In the morning if late for just 2min manager will give lecture minimum 30 min. He will compare you with everyone no matter how your performance is. And specially if you are Muslim no break for namaz on fridays. no early leave in ramzan month. According to him if you are keeping roja then you have to manage your own. No mercy.

read more
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Motilal Oswal Financial Services Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Motilal Oswal Financial Services Mumbai?
Cluster Manager salary at Motilal Oswal Financial Services in Mumbai ranges between ₹7.5 Lakhs to ₹16.5 Lakhs for experience between 6 years to 13 years. According to our estimates it is 1% more than the average Cluster Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Motilal Oswal Financial Services Mumbai.
How does the salary of a Cluster Manager at Motilal Oswal Financial Services Mumbai compare with the average salary range for this job?
The average salary of a Cluster Manager at Motilal Oswal Financial Services is 1% more than the average salary of a Cluster Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Cluster Manager at Motilal Oswal Financial Services?
Wealth Management, HNI Client Handling, Team Handling, Mutual Funds and Relationship Management are some of the popular skills required to work as a Cluster Manager at Motilal Oswal Financial Services Mumbai.
Which similar companies are paying more than Motilal Oswal Financial Services to a Cluster Manager in Mumbai?
  • Bajaj Finance Cluster Manager Salary - ₹13.0 Lakhs to ₹22.0 Lakhs per year
  • Bajaj Finserv Cluster Manager Salary - ₹10.1 Lakhs to ₹20.0 Lakhs per year
  • JM Financial Cluster Manager Salary - ₹12.5 Lakhs to ₹13.9 Lakhs per year
  • ICICI Securities Cluster Manager Salary - ₹12.0 Lakhs to ₹12.1 Lakhs per year
  • Kotak Mahindra Bank Cluster Manager Salary - ₹9.0 Lakhs to ₹13.4 Lakhs per year
What is the salary of a Cluster Manager in companies similar to Motilal Oswal Financial Services in Mumbai?
  • Axis Bank Cluster Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
  • Aditya Birla Capital Cluster Manager Salary - ₹7.8 Lakhs to ₹8.0 Lakhs per year
  • Kotak Securities Cluster Manager Salary - ₹3.9 Lakhs to ₹6.3 Lakhs per year
  • Axis Direct Cluster Manager Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Cluster Manager at Motilal Oswal Financial Services in Mumbai?
The estimated take-home salary of a Cluster Manager at Motilal Oswal Financial Services ranges between ₹71,950 per month to ₹73,805 per month in Mumbai. The take-home salary calculation is based on the average Motilal Oswal Financial Services Cluster Manager salary in India which ranges between ₹7.5 Lakhs to ₹16.5 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Cluster Manager at Motilal Oswal Financial Services in Mumbai?
According to AmbitionBox, 67% of the Motilal Oswal Financial Services Cluster Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Motilal Oswal Financial Services Cluster Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.