Kotak Mahindra Bank Pune Product Manager Salaries by 10+ Employees (Updated 2025)

2 - 7 years exp.

₹6.4 Lakhs - ₹26.4 Lakhs

Salary of majority employees

29% less than the average Product Manager Salary in Banking Companies for 2 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Product Management Product Manager Salary 2 - 7 years exp. (10 salaries)	₹8 L/yr - ₹26.4 L/yr
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Data Science & Analytics Product Manager Salary 2 years exp. (AmbitionBox Estimate)	₹13.9 L/yr - ₹14.5 L/yr

Last Updated: 24 Jan 2025

Companies similar to Kotak Mahindra Bank for Product Manager in Pune

Kotak Mahindra Bank Product Manager Salary

2 - 7 years exp. (17 salaries)

₹6.4 L/yr - ₹26.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Product Manager Salary 0 - 11 years exp. (77 salaries)	₹6 L/yr - ₹26 L/yr 3% less
Axis Bank Product Manager Salary 0 - 9 years exp. (24 salaries)	₹8.7 L/yr - ₹22 L/yr 4% more
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HDFC Bank Product Manager Salary 0 - 10 years exp. (22 salaries)	₹6.3 L/yr - ₹16 L/yr 12% less
IDFC FIRST Bank Product Manager Salary 1 - 6 years exp. (9 salaries)	₹7.8 L/yr - ₹23 L/yr 21% more
Ujjivan Small Finance Bank Product Manager Salary 4 - 7 years exp. (3 salaries)	₹7 L/yr - ₹15.7 L/yr 13% less
Paytm Payments Bank Product Manager Salary 3 - 5 years exp. (3 salaries)	₹22 L/yr - ₹25 L/yr 62% more

Product Manager salary at Kotak Mahindra Bank ranges between ₹6.4 Lakhs to ₹26.4 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Product Manager salaries in Pune

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹6.1 L/yr - ₹21 L/yr
3 years (6 salaries)	₹10 L/yr - ₹26.4 L/yr
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4 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
5 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
6 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
7 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr

View all

From

Product Manager

₹

Lakhs/yr

0 - 12 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Product Manager

0 - 12 years exp.

Senior Product Manager

1 - 9 years exp.

34% hike

Associate Vice President

3 - 21 years exp.

From

Product Manager

0 - 12 years exp.

Branch Head Product

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(836 salaries)

₹1.75 L/yr - ₹7.5 L/yr

Senior Product Manager Salary

(6 salaries)

₹11 L/yr - ₹25 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

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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Kotak Mahindra Bank Product Manager Salary FAQs

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

The average salary of a Product Manager at Kotak Mahindra Bank in Pune typically ranges from ₹6.4 Lakhs to ₹26.4 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Product Manager in Pune at Kotak Mahindra Bank earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹26.4 Lakhs per year. Product Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Product Manager at Kotak Mahindra Bank in Pune typically ranges from ₹1,05,593 to ₹1,08,495 per month. This is based on the average salary range of ₹6.4 Lakhs to ₹26.4 Lakhs per year for employees with experience ranging from 2 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Kotak Mahindra Bank in Pune?

To be a Product Manager at Kotak Mahindra Bank in Pune, the key skills required include:

- Product Management
- Marketing
- w
- Pricing Strategy
- User Interface Designing

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Product Manager in India?

Paytm Payments Bank	₹22.0 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank	₹7.8 Lakhs to ₹23.0 Lakhs per year
Axis Bank	₹8.7 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Product Manager at companies similar to Kotak Mahindra Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹6.0 Lakhs to ₹26.0 Lakhs per year
HDFC Bank	₹6.3 Lakhs to ₹16.0 Lakhs per year
Ujjivan Small Finance Bank	₹7.0 Lakhs to ₹15.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Product Manager at Kotak Mahindra Bank in Pune?

The salary growth for a Product Manager at Kotak Mahindra Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Product Manager in Pune can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
2 years	₹6.1 Lakhs to ₹21.0 Lakhs per year
3 years	₹10.0 Lakhs to ₹26.4 Lakhs per year
4 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
5 years	₹13.8 Lakhs to ₹17.6 Lakhs per year

and so on.

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Kotak Mahindra Bank Product Manager Salaries in Pune

Kotak Mahindra Bank Product Manager salary in Pune ranges between ₹6.4 Lakhs to ₹26.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.