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Kotak Mahindra Bank

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3.8

based on 16.3k Reviews

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Kotak Mahindra Bank Associate Vice President Product Management salaries in Mumbai

Annual salary range
3 - 10 years exp.
₹22.4 Lakhs - ₹50 Lakhs
Salary of majority employees
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14% less than the average Associate Vice President Product Management Salary in Banking Companies for 3 - 10 years of experience

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Last Updated: 5 Dec 2024

Companies similar to Kotak Mahindra Bank for Associate Vice President Product Management in Mumbai

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Kotak Mahindra Bank Associate Vice President Product Management Salary

3 - 10 years exp. (5 salaries)
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₹22.4 L/yr - ₹50 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Lombard General Insurance Company Associate Vice President Product Management Salary

12 - 14 years exp. (3 salaries)
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₹40 L/yr - ₹42 L/yr

arrow icon 24% more
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HCLTech Associate Vice President Product Management Salary

20 - 23 years exp. (3 salaries)
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₹50 L/yr - ₹51 L/yr

arrow icon 53% more
Associate Vice President Product Management salary at Kotak Mahindra Bank ranges between ₹22.4 Lakhs to ₹50 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Associate Vice President Product Management in Mumbai

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6 years exp.
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3 years exp.
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5 years exp.
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8 years exp.
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Experience wise Kotak Mahindra Bank Associate Vice President Product Management salaries in Mumbai

Last Updated: 5 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹47.5 L/yr - ₹52.5 L/yr
5 years (AmbitionBox Estimate)

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₹29.9 L/yr - ₹38.2 L/yr
6 years (AmbitionBox Estimate)

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₹30.6 L/yr - ₹39.1 L/yr
8 years (AmbitionBox Estimate)

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₹20.2 L/yr - ₹25.7 L/yr
10 years (AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Senior Product Manager Salary
(131 salaries)
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₹9 L/yr - ₹30 L/yr
Assistant Vice President Salary
(127 salaries)
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₹11.29 L/yr - ₹36.5 L/yr
Digital Product Manager Salary
(14 salaries)
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₹13 L/yr - ₹25.5 L/yr
Senior Project Manager Salary
(11 salaries)
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₹12.8 L/yr - ₹27.51 L/yr
Technical Product Manager Salary
(5 salaries)
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₹27 L/yr - ₹34 L/yr
Assistant Product Manager Salary
(4 salaries)
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₹3.1 L/yr - ₹3.3 L/yr

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 02 Jul 2024
1.0
 for  Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

  • Skill development - Good
    • +2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

read more
  • Salary - Bad

Deputy Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 11 Jun 2024
2.0
 for  Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

read more
  • Job security - Good
    • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
    • +1 more

Deputy Manager in Vadodara

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 18 May 2024
3.0
 for  Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

read more
  • Skill development - Good
    • +1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

read more
  • Work satisfaction - Bad
    • +2 more

Deputy Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2024
2.0
 for  Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

  • Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

read more
  • Salary - Poor
    • +4 more

Deputy Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023
3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

  • Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

read more
  • Skill development - Poor
    • +1 more
see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Kotak Mahindra Bank Associate Vice President Product Management Salary FAQs

What is the salary of Associate Vice President Product Management at Kotak Mahindra Bank Mumbai?
Associate Vice President Product Management salary at Kotak Mahindra Bank in Mumbai ranges between ₹22.4 Lakhs to ₹50.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 14% less than the average Associate Vice President Product Management Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Associate Vice President Product Management at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Associate Vice President Product Management at Kotak Mahindra Bank is 14% less than the average salary of a Associate Vice President Product Management in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Associate Vice President Product Management in Mumbai?
  • HCLTech Associate Vice President Product Management Salary - ₹50.0 Lakhs to ₹51.0 Lakhs per year
  • ICICI Lombard General Insurance Company Associate Vice President Product Management Salary - ₹40.0 Lakhs to ₹42.0 Lakhs per year
What is the estimated take home salary of a Associate Vice President Product Management at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Associate Vice President Product Management at Kotak Mahindra Bank ranges between ₹2,00,648 per month to ₹2,08,583 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Vice President Product Management salary in India which ranges between ₹22.4 Lakhs to ₹50.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Associate Vice President Product Management at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 67% of the Kotak Mahindra Bank Associate Vice President Product Managements in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Vice President Product Management salary in Mumbai ranges between ₹22.4 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.