Kotak Mahindra Bank Hyderabad / Secunderabad Product Manager Salaries by 10+ Employees (Updated 2025)

3 - 9 years exp.

₹7.3 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (90%)

₹12.8 Lakhs

Variable (10%)

₹1.3 Lakh

37% less than the average Product Manager Salary in Banking Companies for 3 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Product Management Product Manager Salary 3 - 9 years exp. (8 salaries)	₹9 L/yr - ₹20 L/yr
BFSI, Investments & Trading Product Manager Salary 5 - 9 years exp. (3 salaries)	₹7.3 L/yr - ₹17.5 L/yr
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Finance & Accounting Product Manager Salary 7 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹12.6 L/yr
Sales & Business Development Product Manager Salary 6 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹13.6 L/yr

Last Updated: 26 Feb 2025

Companies similar to Kotak Mahindra Bank for Product Manager in Hyderabad / Secunderabad

Kotak Mahindra Bank Product Manager Salary

3 - 9 years exp. (18 salaries)

₹7.3 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 0 - 8 years exp. (10 salaries)	₹6.3 L/yr - ₹23 L/yr 1% more
ICICI Bank Product Manager Salary 0 - 10 years exp. (366 salaries)	₹14.8 L/yr - ₹28 L/yr 21% more
Login to view exact salary
IDFC FIRST Bank Product Manager Salary 0 - 5 years exp. (13 salaries)	₹10 L/yr - ₹26 L/yr 48% more	2 job openings
RBL Bank Product Manager Salary 1 - 3 years exp. (3 salaries)	₹7.1 L/yr - ₹15 L/yr 9% less	2 job openings
Brane Enterprises Product Manager Salary 2 - 8 years exp. (104 salaries)	₹10.5 L/yr - ₹37 L/yr 61% more

Product Manager salary at Kotak Mahindra Bank ranges between ₹7.3 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Product Manager salaries in Hyderabad / Secunderabad

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹10.5 L/yr - ₹20 L/yr
4 years (3 salaries)	₹8 L/yr - ₹25.4 L/yr
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5 years (3 salaries)	₹7.3 L/yr - ₹25.5 L/yr
6 years (3 salaries)	₹8 L/yr - ₹14.5 L/yr
7 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹25.7 L/yr
8 years (3 salaries)	₹9 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹25.9 L/yr

View all

From

Product Manager

₹

Lakhs/yr

0 - 10 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Product Manager 0 - 10 years exp.

Senior Product Manager 1 - 9 years exp.

29% hike

Associate Vice President 3 - 21 years exp.

4% hike

From

Product Manager

0 - 10 years exp.

Branch Head Product

Salary unavailable

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(782 salaries)

₹2.1 L/yr - ₹7.8 L/yr

Project Manager Salary

(4 salaries)

₹12 L/yr - ₹20.5 L/yr

Senior Product Manager Salary

(3 salaries)

₹14 L/yr - ₹24 L/yr

Top skills at Kotak Mahindra Bank for Product Manager

Product Management Marketing w Pricing Strategy User Interface Designing Strategy Implementation Complaint Management Mobile Bfsi Sales csr UI Analytical Method Validation New Product Development Typing Speed User Experience Design

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 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.

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.

Salary - Poor

+2 more

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.

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.

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.

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.

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.

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Product Manager Salary FAQs

What is the salary of Product Manager at Kotak Mahindra Bank Hyderabad / Secunderabad?

Product Manager salary at Kotak Mahindra Bank in Hyderabad / Secunderabad ranges between ₹7.3 Lakhs to ₹20.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 37% less than the average Product Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank Hyderabad / Secunderabad.

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

The average salary of a Product Manager at Kotak Mahindra Bank is 37% less than the average salary of a Product Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.

What are the top skills required to work as a Product Manager at Kotak Mahindra Bank?

Product Management, Marketing, w, Pricing Strategy and User Interface Designing are some of the popular skills required to work as a Product Manager at Kotak Mahindra Bank Hyderabad / Secunderabad.

Which similar companies are paying more than Kotak Mahindra Bank to a Product Manager in Hyderabad / Secunderabad?

Brane Enterprises Product Manager Salary - ₹10.5 Lakhs to ₹37.0 Lakhs per year
IDFC FIRST Bank Product Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year
ICICI Bank Product Manager Salary - ₹14.8 Lakhs to ₹28.0 Lakhs per year
HDFC Bank Product Manager Salary - ₹6.3 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Product Manager in companies similar to Kotak Mahindra Bank in Hyderabad / Secunderabad?

RBL Bank Product Manager Salary - ₹7.1 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Product Manager at Kotak Mahindra Bank in Hyderabad / Secunderabad?

The estimated take-home salary of a Product Manager at Kotak Mahindra Bank ranges between ₹98,548 per month to ₹1,01,222 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Kotak Mahindra Bank Product Manager salary in India which ranges between ₹7.3 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at Kotak Mahindra Bank in Hyderabad / Secunderabad?

According to AmbitionBox, 44% of the Kotak Mahindra Bank Product Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Product Manager Salaries in Hyderabad / Secunderabad

Kotak Mahindra Bank Product Manager salary in Hyderabad / Secunderabad ranges between ₹7.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Product Manager salaries in Hyderabad / Secunderabad (Updated 2025)

Companies similar to Kotak Mahindra Bank for Product Manager in Hyderabad / Secunderabad

Latest annual salaries shared by Kotak Mahindra Bank Product Manager in Hyderabad / Secunderabad

Experience wise Kotak Mahindra Bank Product Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Product Manager

Salary related reviews for Kotak Mahindra Bank

Product Manager in Mumbai

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Product Manager Salary FAQs

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