SBI Securities Cluster Manager Salaries by 10+ Employees (Updated 2025)

4 - 17 years exp.

₹6 Lakhs - ₹8.7 Lakhs

Salary of majority employees

26% 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)	₹6 L/yr - ₹7.7 L/yr
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Sales & Business Development Cluster Manager Salary 7 - 17 years exp. (5 salaries)	₹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
HDFC Securities Cluster Manager Salary 10 - 25 years exp. (6 salaries)	₹10 L/yr - ₹16.8 L/yr 89% more
Kotak Securities Cluster Manager Salary 8 - 12 years exp. (29 salaries)	₹3.9 L/yr - ₹7.3 L/yr 14% less
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ICICI Securities Cluster Manager Salary 3 - 16 years exp. (13 salaries)	₹8.5 L/yr - ₹12.6 L/yr 81% more
Axis Direct Cluster Manager Salary 0 - 10 years exp. (161 salaries)	₹2.5 L/yr - ₹5.7 L/yr 43% less	2 job openings
Edelweiss Cluster Manager Salary 11 - 14 years exp. (4 salaries)	₹16 L/yr - ₹17.1 L/yr 148% more
Motilal Oswal Financial Services Cluster Manager Salary 7 - 17 years exp. (27 salaries)	₹4.9 L/yr - ₹15.5 L/yr 42% more
Angel One Cluster Manager Salary 5 - 18 years exp. (5 salaries)	₹5 L/yr - ₹11 L/yr 3% less
Cholamandalam Investment & Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹13 L/yr 55% more
Karvy Stock Broking Cluster Manager Salary 9 - 15 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 9% 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.

Experience wise SBI Securities Cluster Manager salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
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6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹12.1 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹7.7 L/yr
10 years (4 salaries)	₹6 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹12.2 L/yr
15+ years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7 L/yr

View all

Similar Designation salaries in SBI Securities

Store Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Cluster Head Salary

(16 salaries)

₹5 L/yr - ₹18 L/yr

Area Manager Salary

(5 salaries)

₹5.4 L/yr - ₹9.1 L/yr

Deputy Manager Salary

(46 salaries)

₹5.09 L/yr - ₹16 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Sales Manager Salary

(191 salaries)

₹2.4 L/yr - ₹6.75 L/yr

Branch Manager Salary

(64 salaries)

₹3.7 L/yr - ₹10 L/yr

Area Sales Manager Salary

(17 salaries)

₹2.05 L/yr - ₹6.75 L/yr

Relationship Manager Salary

(395 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Senior Sales Manager Salary

(4 salaries)

₹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

Sales Executive in Hyderabad / Secunderabad

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

Dislikes

This company are disliked

Salary - Bad

+6 more

Sales Executive in Jaipur

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.

Skill development - Good

+4 more

Dislikes

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

Promotions - Poor

Sales Manager in Bangalore / Bengaluru

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

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

Salary - Bad

+2 more

Cluster Head in Bangalore / Bengaluru

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

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

Relationship Manager in Kota

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.

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Securities Cluster Manager Salary FAQs

What is the salary of Cluster Manager at SBI Securities?

Cluster Manager salary at SBI Securities in India ranges between ₹6.0 Lakhs to ₹8.7 Lakhs for experience between 4 years to 17 years. According to our estimates it is 26% less than the average Cluster Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI Securities India.

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

The average salary of a Cluster Manager at SBI Securities is 26% 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 SBI Securities?

Sales, Team Handling, Team Leading, Team Management and demat are some of the popular skills required to work as a Cluster Manager at SBI Securities India.

Which similar companies are paying more than SBI 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
Cholamandalam Investment & Finance Cluster Manager Salary - ₹9.6 Lakhs to ₹13.0 Lakhs per year
Motilal Oswal Financial Services Cluster Manager Salary - ₹4.9 Lakhs to ₹15.5 Lakhs per year

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

Karvy Stock Broking Cluster Manager Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year
Angel One Cluster Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
Kotak Securities Cluster Manager Salary - ₹3.9 Lakhs to ₹7.3 Lakhs per year
Axis Direct Cluster Manager Salary - ₹2.5 Lakhs to ₹5.7 Lakhs per year

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 ranges between ₹51,617 per month to ₹52,833 per month in India. The take-home salary calculation is based on the average SBI Securities Cluster Manager salary in India which ranges between ₹6.0 Lakhs to ₹8.7 Lakhs per year for employees with experience between 4 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 73% of the SBI Securities Cluster Managers reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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SBI Securities Cluster Manager Salaries

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