YES SECURITIES Mumbai Cluster Manager Salaries by 8 Employees (Updated 2025)

9 - 13 years exp.

₹7.2 Lakhs - ₹10.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Cluster Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 9 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Salary 10 - 13 years exp. (5 salaries)	₹7.2 L/yr - ₹8.5 L/yr
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Sales & Business Development Cluster Manager Salary 9 - 10 years exp. (3 salaries)	₹9.8 L/yr - ₹10.6 L/yr

Last Updated: 5 Jan 2025

Companies similar to YES SECURITIES for Cluster Manager in Mumbai

YES SECURITIES Cluster Manager Salary

9 - 13 years exp. (8 salaries)

₹7.2 L/yr - ₹10.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Cluster Manager Salary 9 - 20 years exp. (40 salaries)	₹6.5 L/yr - ₹17 L/yr 35% more
Reliance General Insurance Cluster Manager Salary 9 - 18 years exp. (30 salaries)	₹6.7 L/yr - ₹17.5 L/yr 39% more
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Aditya Birla Sun Life Insurance Cluster Manager Salary 4 - 13 years exp. (29 salaries)	₹6.8 L/yr - ₹14 L/yr 21% more
HDFC Life Cluster Manager Salary 5 - 16 years exp. (27 salaries)	₹6 L/yr - ₹12.5 L/yr 5% less	1 job opening
Axis Direct Cluster Manager Salary 1 - 9 years exp. (24 salaries)	₹3.1 L/yr - ₹5 L/yr 54% less

Cluster Manager salary at YES SECURITIES ranges between ₹7.2 Lakhs to ₹10.6 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of YES SECURITIES.

Experience wise YES SECURITIES Cluster Manager salaries in Mumbai

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
10 years (3 salaries)	₹7.5 L/yr - ₹10.6 L/yr
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11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in YES SECURITIES

Deputy Manager Salary

(40 salaries)

₹4.85 L/yr - ₹9.25 L/yr

Cluster Head Salary

(19 salaries)

₹5.6 L/yr - ₹13 L/yr

Relationship Manager Salary

(4 salaries)

₹3 L/yr - ₹4 L/yr

Salary related reviews for YES SECURITIES

1.9

Rated by 3 employees for salary & benefits

Software Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 22 Sep 2024

5.0

for Salary and Benefits

Likes

Leave policy, Salary, Bonus, Outing.

Salary - Excellent

+6 more

Dislikes

Single appraisal cycle in a year, if you join after 1st October you will not be consider in March Appraisal cycle. Also you will get very less increment in CTC. They will give major part as bonus.

Senior Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Jun 2023

2.0

for Salary and Benefits

Likes

Employee reimbursement and provide salary on time

Dislikes

Bad politics,biased and unethical approach towards employees,biased appraisal and skill development programs. No leave encashment paid and no proper exit interview was conducted it is also biased for few employees.

Salary - Poor

+6 more

Deputy Manager MSBI SQL in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 07 Feb 2022

1.0

for Salary and Benefits

Likes

Work environment is not so good.Work culture is not flexible towards employee.Company leave policies is good.HR management is poor.Top management support is poor.

Job security - Excellent

+1 more

Dislikes

Top management more involved into the office politics rather than company growth.Salary is average but career growth is pathetic.Personal and technical skill program is not provided.HR management is very poor .There is no induction happening to all new joinees.HR is not taking right decision independantly instead always rely on top management.

Salary - Bad

+4 more

Cluster Relationship Assosciate in Vadodara

Finance & Accounting Department

4.0

• posted on 25 Nov 2021

2.0

for Salary and Benefits

Likes

...h employees of Yes Bank to open demat trading account of existing YesBank users. The compensation at this role is very mediocre.

Job security - Good

+1 more

Dislikes

The compensation of this role is very mediocre

Salary - Poor

Sales in Mumbai

Sales Department

5.0

• posted on 20 Jan 2021

5.0

for Salary and Benefits

Likes

...nment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Dislikes

Nothing

Promotions - Bad

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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YES SECURITIES Cluster Manager Salary FAQs

What is the salary of Cluster Manager at YES SECURITIES in Mumbai?

The average salary of a Cluster Manager at YES SECURITIES in Mumbai typically ranges from ₹7.2 Lakhs to ₹10.6 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Cluster Manager in Mumbai at YES SECURITIES earn more than ₹10.6 Lakhs per year, and the top 1% earn over ₹10.6 Lakhs per year. Cluster Manager Salaries at YES 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 8 YES SECURITIES employees in India.

What is the estimated take home salary of a Cluster Manager at YES SECURITIES in Mumbai?

The estimated take-home salary of a Cluster Manager at YES SECURITIES in Mumbai typically ranges from ₹66,106 to ₹67,796 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹10.6 Lakhs per year for employees with experience ranging from 9 years to 13 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 8 salaries received from various employees of YES SECURITIES. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than YES SECURITIES for Cluster Manager in India?

Reliance General Insurance	₹6.7 Lakhs to ₹17.5 Lakhs per year
Reliance Retail	₹6.5 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹6.8 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Cluster Manager in companies similar to YES SECURITIES in Mumbai?

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

HDFC Life	₹6.0 Lakhs to ₹12.5 Lakhs per year
Axis Direct	₹3.1 Lakhs to ₹5.0 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 SECURITIES in Mumbai?

The salary growth for a Cluster Manager at YES SECURITIES 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 SECURITIES:

Experience	Average Salary Range
9 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
10 years	₹7.5 Lakhs to ₹10.6 Lakhs per year
11 years	₹8.2 Lakhs to ₹10.4 Lakhs per year
12 years	₹8.1 Lakhs to ₹10.4 Lakhs per year

and so on.

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YES SECURITIES Cluster Manager Salaries in Mumbai

YES SECURITIES Cluster Manager salary in Mumbai ranges between ₹7.2 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 YES SECURITIES latest salaries received from various employees of YES SECURITIES.