Kotak Mahindra Bank Indore Product Manager Salaries by 6 Employees (Updated 2024)

1 - 5 years exp.

₹13.2 Lakhs - ₹13.3 Lakhs

Salary of majority employees

12% less than the average Product Manager Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Product Manager Salary 4 - 5 years exp. (3 salaries)	₹10.5 L/yr - ₹12.3 L/yr
Data Science & Analytics Product Manager Salary 1 year exp. (AmbitionBox Estimate)	₹7 L/yr - ₹11.7 L/yr
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Product Management Product Manager Salary 2 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹13.9 L/yr

Last Updated: 23 Dec 2024

Companies similar to Kotak Mahindra Bank for Product Manager in Indore

Kotak Mahindra Bank Product Manager Salary

1 - 5 years exp. (6 salaries)

₹13.2 L/yr - ₹13.3 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Product Manager Salary 5 - 14 years exp. (11 salaries)	₹8 L/yr - ₹23.3 L/yr 32% more	1 job opening
VE Commercial Vehicles Product Manager Salary 1 - 6 years exp. (6 salaries)	₹8.6 L/yr - ₹12 L/yr 13% less
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Viscus Infotech Product Manager Salary 7 - 8 years exp. (4 salaries)	₹6.1 L/yr - ₹12.2 L/yr 35% less
Diaspark Infotech Product Manager Salary 1 - 4 years exp. (4 salaries)	₹14 L/yr - ₹20 L/yr 30% more
Shriram Finance Product Manager Salary 5 - 8 years exp. (4 salaries)	₹4.2 L/yr - ₹5.5 L/yr 64% less

Product Manager salary at Kotak Mahindra Bank ranges between ₹13.2 Lakhs to ₹13.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Product Manager salaries in Indore

Last Updated: 23 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹23.7 L/yr
2 years (AmbitionBox Estimate)	₹9 L/yr - ₹23.7 L/yr
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3 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹23.8 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹23.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Operations Manager Salary

(4 salaries)

₹5 L/yr - ₹7 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 csr UI Analytical Method Validation New Product Development Typing Speed User Experience Design Product Strategy

Salary related reviews for Kotak Mahindra Bank

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.

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

4 participants . expiring in 5d

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Kotak Mahindra Bank Product Manager Salary FAQs

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

Product Manager salary at Kotak Mahindra Bank in Indore ranges between ₹13.2 Lakhs to ₹13.3 Lakhs for experience between 1 years to 5 years. According to our estimates it is 12% less than the average Product Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank Indore.

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

The average salary of a Product Manager at Kotak Mahindra Bank is 12% less than the average salary of a Product Manager in Indore. 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 Indore.

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

TCS Product Manager Salary - ₹8.0 Lakhs to ₹23.3 Lakhs per year
Diaspark Infotech Product Manager Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year

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

VE Commercial Vehicles Product Manager Salary - ₹8.6 Lakhs to ₹12.0 Lakhs per year
Viscus Infotech Product Manager Salary - ₹6.1 Lakhs to ₹12.2 Lakhs per year
Shriram Finance Product Manager Salary - ₹4.2 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Product Manager at Kotak Mahindra Bank ranges between ₹93,142 per month to ₹95,642 per month in Indore. The take-home salary calculation is based on the average Kotak Mahindra Bank Product Manager salary in India which ranges between ₹13.2 Lakhs to ₹13.3 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Product Managers in Indore reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Product Manager Salaries in Indore

Kotak Mahindra Bank Product Manager salary in Indore ranges between ₹13.2 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.