Yes Bank Mumbai Cluster Manager Salaries by 4 Employees

3 - 15 years exp.

₹8.8 Lakhs - ₹12.2 Lakhs

Salary of majority employees

6% more than the average Cluster Manager Salary in Banking Companies for 3 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 3 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹15.5 L/yr
Finance & Accounting Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.2 L/yr
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Sales & Business Development Cluster Manager Salary 15 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹10.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to Yes Bank for Cluster Manager in Mumbai

Yes Bank Cluster Manager Salary

3 - 15 years exp. (4 salaries)

₹8.8 L/yr - ₹12.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Cluster Manager Salary 6 - 13 years exp. (11 salaries)	₹5.6 L/yr - ₹10.5 L/yr 24% less
IDFC FIRST Bank Cluster Manager Salary 8 - 16 years exp. (7 salaries)	₹10.5 L/yr - ₹21 L/yr 52% more
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Kotak Mahindra Bank Cluster Manager Salary 9 - 14 years exp. (6 salaries)	₹9 L/yr - ₹22.5 L/yr 19% more
Axis Bank Cluster Manager Salary 8 - 13 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 2% less
Reliance Retail Cluster Manager Salary 9 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹17 L/yr 21% more

Cluster Manager salary at Yes Bank ranges between ₹8.8 Lakhs to ₹12.2 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Yes Bank.

Experience wise Yes Bank Cluster Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.8 L/yr
4 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
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5 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.1 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
13 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
14 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹22.6 L/yr

View all

Similar Designation salaries in Yes Bank

Deputy Manager Salary

(765 salaries)

₹2.9 L/yr - ₹9 L/yr

Relationship Manager Salary

(155 salaries)

₹3.25 L/yr - ₹14.64 L/yr

Branch Manager Salary

(83 salaries)

₹8.26 L/yr - ₹26 L/yr

Sales Manager Salary

(64 salaries)

₹3 L/yr - ₹11.77 L/yr

Cluster Head Salary

(23 salaries)

₹16.75 L/yr - ₹47 L/yr

Area Sales Manager Salary

(22 salaries)

₹6 L/yr - ₹18 L/yr

Salary related reviews for Yes Bank

Sales Officer in Anand

Full Time

Sales & Business Development Department

5.0

• posted on 08 Oct 2024

3.0

for Salary and Benefits

Likes

Enjoyed working..got to learn..got to know a lot..worked for 2.5 years..this was my first job in life..I will never forget yes bank..now I am not working yes bank... Every time I remember, I go to the bank and meet all the staff...and I do all my bank work from Yes Bank...I will never forget the first job of my life.

Skill development - Excellent

+4 more

Dislikes

I was in yes bank in me-hin company we were working in yes bank and me-hin used to make our salary but I had no problem with that...but our salary was not increasing...my reason for leaving was salary and Secondly, Shaleen Dodia, the cluster head in Borsad branch, did not know how to respect any employee. And was giving more mental torture...that is why she left working in Yes Bank.

Relationship Manager in Nagpur

Full Time

Sales & Business Development Department

2.0

• posted on 20 Sep 2024

5.0

for Salary and Benefits

Likes

Only Branch Closing Timing is good as per other bank and package which they offer is good.

Salary - Excellent

+1 more

Dislikes

Worst Culture I have ever seen in any bank. They give you huge package so that no other bank can hire you and they don't have any customer base or portfolio of HNI clients and after this all they make you work like a sales executive. They don't have any data or any base where you get a leads only cold calling marketing activities make you survive over here. Account opening timing and service is pathetic. Just business matters no service is there in this bank for customer.

Skill development - Bad

+4 more

Relationship Manager in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

Their salary and benefits are better than other banks.

Dislikes

The culture of the bank is extremely bad and behaviour of higher authorities are worst. They have very shiny HR policies but in reality nothing works, HR will never come to solve your problem. Ratio of women employees are very low because they target women employees even the last branch manager has been transferred because of his inappropriate comments and this is very usual there. They target employees on personal level and using abusing and inappropriate language is very common.

Skill development - Bad

+5 more

Branch Manager in Guntur

Full Time

Sales & Business Development Department

1.0

• posted on 28 Mar 2024

1.0

for Salary and Benefits

Likes

products

Dislikes

senior likes may can not stay and resigned hard earned bonus is taken back while resignation ( illegal to ask back performance bonus that is earned during last academic year ) if we work in this culsture and brand, its difficult to get job in other banks

Salary - Bad

+6 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2023

3.0

for Salary and Benefits

Likes

Quarterly incentive Quarterly domestic and international sales training contest Salary on time Extensive self learning resources

Skill development - Good

Dislikes

Comunication gap between top management and field resources Influential appraisal Dominancy in leadership rather than creating synergy

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Yes Bank

View All

a relationship manager

Advice required wrt - Which Bank to Join and Non breaching of Service Agreement

Dear All, I am currently working as a RM drawing a salary around 8.5 LPA having a banking experience of 2 years and total work experience in Sales of 4 years. I am looking forward to a role as Wealth RM/Affluent RM. Which Bank should I focus more to grow higher and faster? Also, In my current organisation there is a service agreement of 2 years which will be completing in beginning of May, I want to ask if I not want to break this agreement and don’t want to pay anything to my current organisation, which scenario will not attract any compensation to company:- 1. I should wait till the 2 years completion then put resignation. 2. I can put resignation but my reliving date should be later than my 2 years completion. 3. I can put resignation post 1st April, as I am having 90 days notice period, 2 years completion agreement will not hamper and can request for early relieving post 2 years completion date. Please guide here.

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Yes Bank Cluster Manager Salary FAQs

What is the salary of Cluster Manager at Yes Bank in Mumbai?

The average salary of a Cluster Manager at Yes Bank in Mumbai typically ranges from ₹8.8 Lakhs to ₹12.2 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Cluster Manager in Mumbai at Yes Bank earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹12.2 Lakhs per year. Cluster Manager Salaries at Yes Bank 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 4 Yes Bank employees in India.

What is the estimated take home salary of a Cluster Manager at Yes Bank in Mumbai?

The estimated take-home salary of a Cluster Manager at Yes Bank in Mumbai typically ranges from ₹75,689 to ₹77,650 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹12.2 Lakhs per year for employees with experience ranging from 3 years to 15 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 4 salaries received from various employees of Yes Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Yes Bank for Cluster Manager in India?

IDFC FIRST Bank	₹10.5 Lakhs to ₹21.0 Lakhs per year
Reliance Retail	₹6.5 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank	₹9.0 Lakhs to ₹22.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Yes Bank, depending on the role and experience level.

What is the salary of a Cluster Manager in companies similar to Yes Bank in Mumbai?

The salary of a Cluster Manager at companies similar to Yes Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹6.5 Lakhs to ₹12.0 Lakhs per year
Ujjivan Small Finance Bank	₹5.6 Lakhs to ₹10.5 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 Yes Bank in Mumbai?

The salary growth for a Cluster Manager at Yes Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Cluster Manager in Mumbai can expect the following growth trajectory at Yes Bank:

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹8.8 Lakhs per year
4 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
5 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
6 years	₹8.1 Lakhs to ₹10.4 Lakhs per year

and so on.

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Yes Bank Cluster Manager Salaries in Mumbai

Yes Bank Cluster Manager salary in Mumbai ranges between ₹8.8 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Yes Bank latest salaries received from various employees of Yes Bank.