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

4 - 17 years exp.

₹6 Lakhs - ₹8.7 Lakhs

Salary of majority employees

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)	₹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
Axis Direct Cluster Manager Salary 0 - 10 years exp. (163 salaries)	₹2.5 L/yr - ₹5.7 L/yr 40% less	2 job openings
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
Bajaj Capital Cluster Manager Salary 0 - 11 years exp. (5 salaries)	₹2 L/yr - ₹9.6 L/yr 15% less
Cholamandalam Investment & Finance Cluster Manager Salary 13 - 15 years exp. (4 salaries)	₹9.6 L/yr - ₹13 L/yr 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.

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

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(AmbitionBox Estimate)

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Senior Sales Manager Salary

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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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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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.

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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.