Kotak Mahindra Bank Product Specialist Salaries by 3 Employees (Updated 2025)

2 - 9 years exp.

₹10 Lakhs - ₹31.5 Lakhs

Low Confidence

Salary of majority employees

89% more than the average Product Specialist Salary in Banking Companies for 2 - 9 years of experience

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Last Updated: 6 Mar 2024

Companies similar to Kotak Mahindra Bank for Product Specialist

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Product Specialist Salary 3 - 14 years exp. (94 salaries)	₹8 L/yr - ₹29.2 L/yr 2% more
Axis Bank Product Specialist Salary 4 - 14 years exp. (6 salaries)	₹10 L/yr - ₹26 L/yr 5% less
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Ujjivan Small Finance Bank Product Specialist Salary 1 - 3 years exp. (4 salaries)	₹10 L/yr - ₹13.5 L/yr 33% less
Cognizant Product Specialist Salary 2 - 8 years exp. (1.1k salaries)	₹5 L/yr - ₹17.1 L/yr 44% less	2 job openings
BYJU'S Product Specialist Salary 0 - 4 years exp. (507 salaries)	₹3.4 L/yr - ₹6.5 L/yr 70% less

Product Specialist salary at Kotak Mahindra Bank ranges between ₹10 Lakhs to ₹31.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Product Specialist salaries

Last Updated: 6 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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9 years (AmbitionBox Estimate)	₹28.4 L/yr - ₹36.2 L/yr

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Salary related reviews for Kotak Mahindra Bank

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

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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 Specialist Salary FAQs

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Product Specialists reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Product Specialist Salaries

Kotak Mahindra Bank Product Specialist salary in India ranges between ₹10 Lakhs to ₹31.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.