Kotak Mahindra Bank Product Associate Salaries by 4 Employees (Updated 2025)

1 - 6 years exp.

₹2.9 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Product Associate Salary in Banking Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 18 Nov 2024

Companies similar to Kotak Mahindra Bank for Product Associate

Company name	Avg Annual Salary	Open Jobs
RBL Bank Product Associate Salary 0 - 12 years exp. (7 salaries)	₹5.5 L/yr - ₹10 L/yr 58% more
Utkarsh Small Finance Bank Product Associate Salary 1 - 3 years exp. (6 salaries)	₹2.8 L/yr - ₹4.6 L/yr 21% less
Login to view exact salary
JPMorgan Chase & Co. Product Associate Salary 2 - 9 years exp. (28 salaries)	₹13 L/yr - ₹32 L/yr 333% more	1 job opening
VMware Software Product Associate Salary 1 - 6 years exp. (14 salaries)	₹15 L/yr - ₹29 L/yr 322% more
Ford Motor Product Associate Salary 7 - 14 years exp. (12 salaries)	₹4.5 L/yr - ₹10 L/yr 44% more

Product Associate salary at Kotak Mahindra Bank ranges between ₹2.9 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Product Associate salaries

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Product Lead Salary

(4 salaries)

₹25.4 L/yr - ₹32 L/yr

Product Manager Salary

(569 salaries)

₹6.5 L/yr - ₹25 L/yr

Product Owner Salary

(3 salaries)

₹17.7 L/yr - ₹21.2 L/yr

Production Manager Salary

(15 salaries)

₹6.25 L/yr - ₹10.47 L/yr

Project Manager Salary

(63 salaries)

₹6.23 L/yr - ₹24.06 L/yr

Program Manager Salary

(10 salaries)

₹7 L/yr - ₹20 L/yr

Scrum Master Salary

(4 salaries)

₹4.5 L/yr - ₹9 L/yr

Lead Product Manager Salary

(AmbitionBox Estimate)

₹33.3 L/yr - ₹42.6 L/yr

Group Product Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8 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

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Product Associate Salary FAQs

What is the salary of Product Associate at Kotak Mahindra Bank?

Product Associate salary at Kotak Mahindra Bank in India ranges between ₹2.9 Lakhs to ₹10.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 41% less than the average Product Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Product Associate at Kotak Mahindra Bank is 41% less than the average salary of a Product Associate in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Product Associate Salary - ₹13.0 Lakhs to ₹32.0 Lakhs per year
VMware Software Product Associate Salary - ₹15.0 Lakhs to ₹29.0 Lakhs per year
RBL Bank Product Associate Salary - ₹5.5 Lakhs to ₹10.0 Lakhs per year
Ford Motor Product Associate Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Product Associate in companies similar to Kotak Mahindra Bank in India?

Utkarsh Small Finance Bank Product Associate Salary - ₹2.8 Lakhs to ₹4.6 Lakhs per year

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

The estimated take-home salary of a Product Associate at Kotak Mahindra Bank ranges between ₹36,198 per month to ₹37,420 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Product Associate salary in India which ranges between ₹2.9 Lakhs to ₹10.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Kotak Mahindra Bank Product Associates reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Product Associate Salaries

Kotak Mahindra Bank Product Associate salary in India ranges between ₹2.9 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.