Kotak Mahindra Bank Program Manager Salaries by 10 Employees (Updated 2025)

3 - 14 years exp.

₹7 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Program Manager Salary in Banking Companies for 3 - 14 years of experience

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Salaries in different departments

Project & Program Management Program Manager Salary 5 - 14 years exp. (3 salaries)	₹12 L/yr - ₹16.5 L/yr
BFSI, Investments & Trading Program Manager Salary 3 - 14 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹23.5 L/yr
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Finance & Accounting Program Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹11.6 L/yr

Last Updated: 13 Jan 2025

Companies similar to Kotak Mahindra Bank for Program Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Program Manager Salary 1 - 6 years exp. (86 salaries)	₹8 L/yr - ₹24 L/yr 42% more	1 job opening
Axis Bank Program Manager Salary 1 - 14 years exp. (71 salaries)	₹9 L/yr - ₹24 L/yr 37% more
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IndusInd Bank Program Manager Salary 0 - 12 years exp. (42 salaries)	₹8.2 L/yr - ₹32 L/yr 59% more
HDFC Bank Program Manager Salary 0 - 10 years exp. (31 salaries)	₹8.5 L/yr - ₹29 L/yr 61% more
IDFC FIRST Bank Program Manager Salary 1 - 7 years exp. (27 salaries)	₹7 L/yr - ₹24 L/yr 33% more
ICICI Bank Program Manager Salary 0 - 12 years exp. (21 salaries)	₹16 L/yr - ₹27.9 L/yr 72% more
Paytm Payments Bank Program Manager Salary 3 - 8 years exp. (13 salaries)	₹12 L/yr - ₹29.5 L/yr 110% more
RBL Bank Program Manager Salary 2 - 16 years exp. (9 salaries)	₹14.5 L/yr - ₹30 L/yr 53% more
Ujjivan Small Finance Bank Program Manager Salary 6 - 17 years exp. (7 salaries)	₹5.4 L/yr - ₹20.3 L/yr 2% less
Bandhan Bank Program Manager Salary 0 - 7 years exp. (3 salaries)	₹9.1 L/yr - ₹15 L/yr At par
HSBC Global Banking and Markets Program Manager Salary 12 - 21 years exp. (3 salaries)	₹40 L/yr - ₹50 L/yr 278% more
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Jana Small Finance Bank Program Manager Salary 13 - 19 years exp. (3 salaries)	₹16.7 L/yr - ₹20.5 L/yr 53% more

Program Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Program Manager salaries

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹14.8 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹15 L/yr
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5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹15.2 L/yr
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹16.5 L/yr
9 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹22.2 L/yr
11 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
12 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹24.2 L/yr
13 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.2 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹23.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

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Product Manager Salary

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₹6.25 L/yr - ₹25.15 L/yr

Senior Program Manager Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Scrum Master Salary

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(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Engineering Manager Salary

(AmbitionBox Estimate)

₹51.8 L/yr - ₹57.2 L/yr

Senior Project Manager Salary

(11 salaries)

₹12.8 L/yr - ₹27.51 L/yr

Director Salary

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₹51 L/yr - ₹94 L/yr

Business Analyst Salary

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Top skills at Kotak Mahindra Bank for Program Manager

Trend Analysis Program Management Insights HNI

Salary related reviews for Kotak Mahindra Bank

2.3

Rated by 3 employees for salary & benefits

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

Associate Vice President in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 25 Feb 2023

4.0

for Salary and Benefits

Likes

Kotak has good work life balance. Salary benefits are also good. There is terrible on job learning and very slow decision making by management!!

Salary - Good

+3 more

Dislikes

1.Extremely slow decision making. 2. Accountability of deliverables

Skill development - Bad

+1 more

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

Procurement & Supply Chain Department

4.0

• posted on 03 Feb 2018

3.0

for Salary and Benefits

Likes

1)Adopts latest technology. 2)complaints handling is good,especially in internal audit.

Skill development - Good

Dislikes

...m area managers for insurance business and no proper support to bank managers. 3)More work ,less salary packages . 4)so Many windows for loans and advances which leads to customer dissatisfaction. 5)daily 3-4 conference calls,which effects customer service.

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

Salary - Poor

+4 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Program Manager Salary FAQs

What is the salary of Program Manager at Kotak Mahindra Bank ?

The average salary of a Program Manager at Kotak Mahindra Bank in India typically ranges from ₹7.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Program Manager at Kotak Mahindra Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹23.5 Lakhs per year. Program 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 Program Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Program Manager at Kotak Mahindra Bank in India typically ranges from ₹83,533 to ₹85,716 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 3 years to 14 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 Program Manager at Kotak Mahindra Bank ?

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

- Trend Analysis
- Program Management
- Insights
- HNI

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 Program Manager in India?

HSBC Global Banking and Markets	₹40.0 Lakhs to ₹50.0 Lakhs per year
Paytm Payments Bank	₹12.0 Lakhs to ₹29.5 Lakhs per year
ICICI Bank	₹16.0 Lakhs to ₹27.9 Lakhs per year
HDFC Bank	₹8.5 Lakhs to ₹29.0 Lakhs per year
IndusInd Bank	₹8.2 Lakhs to ₹32.0 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 Program Manager in companies similar to Kotak Mahindra Bank in India?

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

Jana Small Finance Bank	₹16.7 Lakhs to ₹20.5 Lakhs per year
RBL Bank	₹14.5 Lakhs to ₹30.0 Lakhs per year
Yes Bank	₹8.0 Lakhs to ₹24.0 Lakhs per year
Axis Bank	₹9.0 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank	₹7.0 Lakhs to ₹24.0 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 Program Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
3 years	₹8.2 Lakhs to ₹14.8 Lakhs per year
4 years	₹3.5 Lakhs to ₹15.0 Lakhs per year
5 years	₹3.8 Lakhs to ₹15.2 Lakhs per year
6 years	₹8.6 Lakhs to ₹18.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Program Manager Salaries

Kotak Mahindra Bank Program Manager salary in India ranges between ₹7 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.