Kotak Mahindra Bank Deputy Product Manager Salaries by 7 Employees (Updated 2025)

0 - 3 years exp.

₹4 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Deputy Product Manager Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

Product Management Deputy Product Manager Salary 1 - 3 years exp. (3 salaries)	₹4.4 L/yr - ₹7 L/yr
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BFSI, Investments & Trading Deputy Product Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 2 Jan 2025

Companies similar to Kotak Mahindra Bank for Deputy Product Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Product Manager Salary 1 - 2 years exp. (5 salaries)	₹6 L/yr - ₹11 L/yr 67% more
ICICI Bank Deputy Product Manager Salary 1 - 4 years exp. (4 salaries)	₹4 L/yr - ₹11.2 L/yr 30% more
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Axis Bank Deputy Product Manager Salary 0 - 7 years exp. (22 salaries)	₹8.8 L/yr - ₹10 L/yr 74% more
IDFC FIRST Bank Deputy Product Manager Salary 1 - 4 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 98% more
Bandhan Bank Deputy Product Manager Salary 0 - 2 years exp. (3 salaries)	₹5.5 L/yr - ₹6 L/yr 3% more

Deputy Product Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Product Manager salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹12.2 L/yr
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹7 L/yr
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2 years (3 salaries)	₹4 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Senior Product Manager Salary

(168 salaries)

₹9 L/yr - ₹30 L/yr

Group Product Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Lead Product Manager Salary

(AmbitionBox Estimate)

₹33.3 L/yr - ₹42.6 L/yr

Digital Product Manager Salary

(21 salaries)

₹10 L/yr - ₹30 L/yr

Senior Project Manager Salary

(11 salaries)

₹12.8 L/yr - ₹27.51 L/yr

Product Manager Salary

(568 salaries)

₹6.5 L/yr - ₹25 L/yr

Associate Product Manager Salary

(6 salaries)

₹8.64 L/yr - ₹20 L/yr

Technical Product Manager Salary

(5 salaries)

₹26.95 L/yr - ₹34 L/yr

Assistant Product Manager Salary

(5 salaries)

₹3 L/yr - ₹3.25 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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.

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.

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Deputy Product Manager Salary FAQs

What is the salary of Deputy Product Manager at Kotak Mahindra Bank?

Deputy Product Manager salary at Kotak Mahindra Bank in India ranges between ₹4.0 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 49% less than the average Deputy Product Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Deputy Product Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Deputy Product Manager at Kotak Mahindra Bank is 49% less than the average salary of a Deputy Product Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Product Manager in India?

IDFC FIRST Bank Deputy Product Manager Salary - ₹7.2 Lakhs to ₹15.0 Lakhs per year
Axis Bank Deputy Product Manager Salary - ₹8.8 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Deputy Product Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
ICICI Bank Deputy Product Manager Salary - ₹4.0 Lakhs to ₹11.2 Lakhs per year
Bandhan Bank Deputy Product Manager Salary - ₹5.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Deputy Product Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Deputy Product Manager at Kotak Mahindra Bank ranges between ₹42,501 per month to ₹43,629 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Product Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Deputy Product Manager at Kotak Mahindra Bank?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Deputy Product Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Product Manager Salaries

Kotak Mahindra Bank Deputy Product Manager salary in India ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.