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SBI Securities Cluster Manager salaries in India (Updated 2025)

Annual salary range
4 - 17 years exp.
₹6 Lakhs - ₹8.7 Lakhs
Salary of majority employees
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27% less than the average Cluster Manager Salary in Financial Services Companies for 4 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
9 - 13 years exp. (5 salaries)
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₹6 L/yr - ₹7.7 L/yr

Sales & Business Development
Cluster Manager Salary
7 - 17 years exp. (5 salaries)
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₹6.2 L/yr - ₹7.5 L/yr

Last Updated: 3 Feb 2025

Companies similar to SBI Securities for Cluster Manager

Company name Avg Annual Salary Open Jobs
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Axis Direct Cluster Manager Salary

0 - 10 years exp. (163 salaries)

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₹2.5 L/yr - ₹5.7 L/yr

arrow icon 40% less
2 job openings
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Kotak Securities Cluster Manager Salary

8 - 12 years exp. (29 salaries)

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₹3.9 L/yr - ₹7.3 L/yr

arrow icon 14% less
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ICICI Securities Cluster Manager Salary

3 - 16 years exp. (13 salaries)

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₹8.5 L/yr - ₹12.6 L/yr

arrow icon 81% more
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Bajaj Capital Cluster Manager Salary

0 - 11 years exp. (5 salaries)

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₹2 L/yr - ₹9.6 L/yr

arrow icon 15% less
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₹9.6 L/yr - ₹13 L/yr

arrow icon 55% more
Cluster Manager salary at SBI Securities ranges between ₹6 Lakhs to ₹8.7 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Securities.

Latest annual salaries shared by SBI Securities Cluster Manager

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9 years exp.
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17 years exp.
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14 years exp.
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8 years exp.
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13 years exp.
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16 years exp.
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4 years exp.
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9 years exp.
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10 years exp.
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10 years exp.

Experience wise SBI Securities Cluster Manager salaries

Last Updated: 3 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
6 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹12.1 L/yr
8 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in SBI Securities

Store Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Cluster Head Salary
(15 salaries)
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₹7.5 L/yr - ₹18 L/yr
Area Manager Salary
(5 salaries)
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₹5.4 L/yr - ₹9.1 L/yr
Deputy Manager Salary
(46 salaries)
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₹5.09 L/yr - ₹16 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Sales Manager Salary
(196 salaries)
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₹2.4 L/yr - ₹6.75 L/yr
Branch Manager Salary
(67 salaries)
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₹3.7 L/yr - ₹10 L/yr
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₹2.05 L/yr - ₹6.75 L/yr
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₹1.5 L/yr - ₹6.36 L/yr
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₹2.75 L/yr - ₹6 L/yr

Top skills at SBI Securities for Cluster Manager

Sales Team Handling Team Leading Team Management demat Retail Sales Home Loans Client Meeting Lap Mortgage Loans Sales Process housing loan hl home finance Sales Management

Salary related reviews for SBI Securities

3.3

Rated by 9 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Oct 2023

1.0
 for  Salary and Benefits

Likes

No writing west company no one told previous joining after joining u did not notice period serving u have pay thuthupalish company get way I'm really soryy I'm working in this company bye forever

read more

Dislikes

This company are disliked

  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 30 Aug 2022

3.0
 for  Salary and Benefits

Likes

Timely salary, Easily and achievable targets, Best part is its process and working, High authorities are always supported, Office head also very supportive person.

read more
  • Skill development - Good
  • +4 more

Dislikes

Inner politics, team leaders attitude towards employee, SM is not trustable.

  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 18 Sep 2020

1.0
 for  Salary and Benefits

Likes

Good work environment and culture . Teammates are supporting well no salary deduction in covid -19,Thanks for company supporting in creitacal situation ,my request is salary correction

read more
  • Skill development - Excellent
  • +2 more

Dislikes

I have 6yers experience hear but salary not satisfied ,new joinee are getting more then me almost double for same position There is a bond of 6 years with this company

read more
  • Salary - Bad
  • +2 more

Sales & Business Development Department

5.0
  •  posted on 08 Jun 2022

4.0
 for  Salary and Benefits

Likes

It's it's very good opportunity to work with SBI cap securities why because so some other companies work style is different and under SBI Bank work culture is different amazing wonderful we can go up to retirement also with grate Team support

read more
  • Salary - Good
  • +5 more

Dislikes

Salary is decent but career grow th and everything is ok ok but you can and tribble of your salary as an incentive

read more

Sales & Business Development Department

5.0
  •  posted on 06 Jan 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management is transparent

  • Skill development - Good
  • +5 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign.On the job training is not given to new joiners.

read more
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SBI Securities Cluster Manager Salary FAQs

What is the salary of Cluster Manager at SBI Securities ?
The average salary of a Cluster Manager at SBI Securities in India typically ranges from ₹6.0 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 4 years to 17 years).

The top 10% of Cluster Manager at SBI Securities earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Cluster Manager Salaries at SBI 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 10+ SBI Securities employees in India.
What is the estimated take home salary of a Cluster Manager at SBI Securities in India?
The estimated take-home salary of a Cluster Manager at SBI Securities in India typically ranges from ₹51,617 to ₹52,833 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 4 years to 17 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 10+ salaries received from various employees of SBI 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 SBI Securities ?
To be a Cluster Manager at SBI Securities in india, the key skills required include:

  • - Sales
  • - Team Handling
  • - Team Leading
  • - Team Management
  • - demat

These skills are highly valued at SBI Securities and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Securities for Cluster Manager in India?
ICICI Securities ₹8.5 Lakhs to ₹12.6 Lakhs per year
Cholamandalam Investment & Finance ₹9.6 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Securities, depending on the role and experience level.
What is the salary of a Cluster Manager in companies similar to SBI Securities in India?
The salary of a Cluster Manager at companies similar to SBI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities ₹3.9 Lakhs to ₹7.3 Lakhs per year
Bajaj Capital ₹2.0 Lakhs to ₹9.6 Lakhs per year
Axis Direct ₹2.5 Lakhs to ₹5.7 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 SBI Securities in India?
The salary growth for a Cluster Manager at SBI Securities depends on factors such as experience, performance, and promotions. On average, a Cluster Manager can expect the following growth trajectory at SBI Securities:

Experience Average Salary Range
4 years ₹6.0 Lakhs to ₹12.0 Lakhs per year
5 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
6 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
7 years ₹6.2 Lakhs to ₹12.1 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Securities Cluster Manager salary in India ranges between ₹6 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 SBI Securities latest salaries received from various employees of SBI Securities.