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Kotak Mahindra Bank

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3.8

based on 16.3k Reviews

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Mumbai
Product Management

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Kotak Mahindra Bank Product Management Department Salaries in Mumbai

based on 786 latest salaries
Designation Avg Annual Salary Open Jobs

MIS and Back Office Executive

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.2 L/yr

Nri Product Manager

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr

Product and Project Manager

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Senior Manager and Service Quality Manager

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.9 L/yr

Senior Marketing and Digital Manager

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹11.8 L/yr - ₹15.1 L/yr

Senior Product Management Manager

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.4 L/yr - ₹21 L/yr

Senior Vice President Customer Experience

22 years exp. · Mumbai (AmbitionBox Estimate)
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₹67.5 L/yr - ₹74.6 L/yr

Technology Product Manager

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹33.3 L/yr - ₹42.6 L/yr

Trade Product Manager

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹10 L/yr - ₹12.8 L/yr

Vertical Head

17 years exp. · Mumbai (AmbitionBox Estimate)
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₹40.5 L/yr - ₹51.8 L/yr

Senior Manager

1 - 17 years exp. · Mumbai (75 salaries)
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₹9 L/yr - ₹21 L/yr

Manager

0 - 14 years exp. · Mumbai (53 salaries)
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₹4.5 L/yr - ₹15 L/yr

Vice President

12 - 21 years exp. · Mumbai (22 salaries)
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₹19.2 L/yr - ₹50 L/yr

Last Updated: 1 Feb, 2025

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fathersahaab
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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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Salary related reviews for Kotak Mahindra Bank

3.3

Rated by 86 employees for salary & benefits

Product Manager in Mumbai

Product Management Department

3.0
  •  posted on 29 Aug 2018
2.0
 for  Salary and Benefits

Likes

Learning is there but majorly it depends on your profile and team. Salary is below industry average and apparaisals again same as overall Banking Industry standard.

read more

Dislikes

...lance should be there if you want efficiency and productivity from the employee.Salary again is a low as compared to the profile and KRA given to any employee. Appraisals and not much to talk about.

read more
  • Salary - Poor
    • +2 more

Senior Relationship Manager in Pune

Full Time

 · 

Product Management Department

4.0
  •  posted on 10 Oct 2022
3.0
 for  Salary and Benefits

Likes

Good Work life Balance Management is humble Good Brand

  • Job security - Excellent
    • +3 more

Dislikes

Not paying salary as per the grade Targets are not specified and keeps changing. Critical conditions to earn incentives Poor evaluation system

read more
  • Skill development - Poor

Deputy Manager in Ahmedabad

Product Management Department

4.0
  •  posted on 21 Sep 2019
3.0
 for  Salary and Benefits

Likes

Team work is really good I appreciate that part in kotak, travelling policy is also good as they used make bookings for employees for out station.

read more
  • Skill development - Good
    • +4 more

Dislikes

...e the promotion to Sr. Not the deserving one. So that's what I don't like about. I am just talking about Salary Department. In other departments it's might be Good. Otherwise its good working place and I must say Uday kotak is visionary person.

read more

Principal Software Engineer in Bangalore / Bengaluru

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 27 Dec 2024
2.0
 for  Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

read more
  • Salary - Poor
    • +4 more

Deputy Vice President in Indore

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024
4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

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  • Salary - Good
    • +1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more
  • Job security - Bad
    • +2 more
see more salary related reviews

Kotak Mahindra Bank interview questions by designations

Assistant Manager (147)Deputy Manager (103)Relationship Manager (59)Manager (23)
View all 974 interview experiences

Know more about Kotak Mahindra Bank Mumbai

More about working at Kotak Mahindra Bank
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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹50 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 786 Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.11 lakhs per year. The top 1% earn more than a whopping ₹37.63 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹6 Lakhs to ₹17 Lakhs per year for Data Scientist.
What is the notice period at Kotak Mahindra Bank in Product Management Department in Mumbai?
According to AmbitionBox, 78% of the Kotak Mahindra Bank employees in Product Management Department in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 715 responses on AmbitionBox in last 2 years.

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Average annual salary in Product Management department at Kotak Mahindra Bank , Mumbai is INRunlock blur . Salary estimates are based on 786 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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