Kotak Mahindra Bank New Delhi Product Manager Salaries by 9 Employees (Updated 2025)

2 - 12 years exp.

₹7 Lakhs - ₹13.8 Lakhs

Salary of majority employees

35% less than the average Product Manager Salary in Banking Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Product Manager Salary 4 - 12 years exp. (3 salaries)	₹8 L/yr - ₹11.1 L/yr
Product Management Product Manager Salary 2 - 7 years exp. (3 salaries)	₹7 L/yr - ₹14.3 L/yr
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Sales & Business Development Product Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.9 L/yr
Finance & Accounting Product Manager Salary 3 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹12.1 L/yr

Last Updated: 31 Dec 2024

Companies similar to Kotak Mahindra Bank for Product Manager in New Delhi

Kotak Mahindra Bank Product Manager Salary

2 - 12 years exp. (9 salaries)

₹7 L/yr - ₹13.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Product Manager Salary 2 - 10 years exp. (20 salaries)	₹7.5 L/yr - ₹25.3 L/yr 11% more
ICICI Bank Product Manager Salary 0 - 11 years exp. (128 salaries)	₹8.3 L/yr - ₹30 L/yr 42% more
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Axis Bank Product Manager Salary 1 - 10 years exp. (31 salaries)	₹9.9 L/yr - ₹23 L/yr 33% more	1 job opening
Yes Bank Product Manager Salary 3 - 10 years exp. (7 salaries)	₹7.5 L/yr - ₹21 L/yr 13% more	1 job opening
IndusInd Bank Product Manager Salary 0 - 7 years exp. (13 salaries)	₹8.7 L/yr - ₹32.4 L/yr 44% more	1 job opening
IDFC FIRST Bank Product Manager Salary 0 - 6 years exp. (23 salaries)	₹8.7 L/yr - ₹26 L/yr 49% more
RBL Bank Product Manager Salary 1 - 7 years exp. (11 salaries)	₹12 L/yr - ₹22.5 L/yr 1% more	1 job opening
Paytm Payments Bank Product Manager Salary 2 - 7 years exp. (10 salaries)	₹15.5 L/yr - ₹30 L/yr 76% more
Utkarsh Small Finance Bank Product Manager Salary 3 - 13 years exp. (7 salaries)	₹5 L/yr - ₹14 L/yr 23% less
Bank of Baroda Product Manager Salary 6 - 10 years exp. (3 salaries)	₹12 L/yr - ₹18 L/yr 14% more
Ujjivan Small Finance Bank Product Manager Salary 3 - 4 years exp. (3 salaries)	₹13 L/yr - ₹22.5 L/yr 19% more
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Product Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹13.8 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Product Manager salaries in New Delhi

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹13 L/yr - ₹24.5 L/yr
3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹24.5 L/yr
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4 years (AmbitionBox Estimate)	₹11 L/yr - ₹24.5 L/yr
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹24.6 L/yr
6 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹24.6 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹24.6 L/yr
8 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.8 L/yr
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.8 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹24.7 L/yr
11 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹24.8 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8 L/yr

Senior Product Manager Salary

(4 salaries)

₹15.4 L/yr - ₹20 L/yr

Program Manager Salary

(3 salaries)

₹8.2 L/yr - ₹12 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

5.0

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.

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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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?

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Kotak Mahindra Bank Product Manager Salary FAQs

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

Product Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹7.0 Lakhs to ₹13.8 Lakhs for experience between 2 years to 12 years. According to our estimates it is 35% less than the average Product Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

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

The average salary of a Product Manager at Kotak Mahindra Bank is 35% less than the average salary of a Product Manager in New Delhi. 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 New Delhi.

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

Paytm Payments Bank Product Manager Salary - ₹15.5 Lakhs to ₹30.0 Lakhs per year
IDFC FIRST Bank Product Manager Salary - ₹8.7 Lakhs to ₹26.0 Lakhs per year
IndusInd Bank Product Manager Salary - ₹8.7 Lakhs to ₹32.4 Lakhs per year
ICICI Bank Product Manager Salary - ₹8.3 Lakhs to ₹30.0 Lakhs per year
Axis Bank Product Manager Salary - ₹9.9 Lakhs to ₹23.0 Lakhs per year

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

Ujjivan Small Finance Bank Product Manager Salary - ₹13.0 Lakhs to ₹22.5 Lakhs per year
Bank of Baroda Product Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Yes Bank Product Manager Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year
HDFC Bank Product Manager Salary - ₹7.5 Lakhs to ₹25.3 Lakhs per year
RBL Bank Product Manager Salary - ₹12.0 Lakhs to ₹22.5 Lakhs per year

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

The estimated take-home salary of a Product Manager at Kotak Mahindra Bank ranges between ₹95,705 per month to ₹98,288 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Product Manager salary in India which ranges between ₹7.0 Lakhs to ₹13.8 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Kotak Mahindra Bank Product Managers in New Delhi reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Product Manager Salaries in New Delhi

Kotak Mahindra Bank Product Manager salary in New Delhi ranges between ₹7 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.