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Kotak Mahindra Bank Program Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 14 years exp.
₹7 Lakhs - ₹23.5 Lakhs
Salary of majority employees
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41% less than the average Program Manager Salary in Banking Companies for 4 - 14 years of experience

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Salaries in different departments

Project & Program Management
Program Manager Salary
5 - 8 years exp. (AmbitionBox Estimate)
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₹15.2 L/yr - ₹16.5 L/yr

BFSI, Investments & Trading
Program Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹23.5 L/yr

Last Updated: 13 Jan 2025

Companies similar to Kotak Mahindra Bank for Program Manager in Mumbai

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Kotak Mahindra Bank Program Manager Salary

4 - 14 years exp. (5 salaries)

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₹7 L/yr - ₹23.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Yes Bank Program Manager Salary

1 - 7 years exp. (68 salaries)

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₹8 L/yr - ₹24 L/yr

arrow icon 13% more
1 job opening
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Axis Bank Program Manager Salary

1 - 14 years exp. (46 salaries)

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₹9 L/yr - ₹24 L/yr

arrow icon 5% more
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HDFC Bank Program Manager Salary

1 - 10 years exp. (21 salaries)

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₹17.9 L/yr - ₹38 L/yr

arrow icon 48% more
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IDFC FIRST Bank Program Manager Salary

1 - 7 years exp. (16 salaries)

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₹9.1 L/yr - ₹24 L/yr

arrow icon 4% more
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ICICI Bank Program Manager Salary

1 - 12 years exp. (11 salaries)

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₹16 L/yr - ₹27.9 L/yr

arrow icon 44% more
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RBL Bank Program Manager Salary

1 - 16 years exp. (5 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 30% more
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IndusInd Bank Program Manager Salary

0 - 9 years exp. (4 salaries)

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₹7.5 L/yr - ₹27 L/yr

arrow icon 25% more
2 job openings
Program Manager salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹23.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Program Manager in Mumbai

2mo ago
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14 years exp.
2mo ago
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8 years exp.

Experience wise Kotak Mahindra Bank Program Manager salaries in Mumbai

Last Updated: 13 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
5 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
6 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.5 L/yr
7 years (AmbitionBox Estimate)

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₹11.9 L/yr - ₹15.2 L/yr
8 years (AmbitionBox Estimate)

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₹12.4 L/yr - ₹15.8 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Product Manager Salary
(422 salaries)
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₹7 L/yr - ₹25 L/yr
Business Analyst Salary
(151 salaries)
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₹10.04 L/yr - ₹18.97 L/yr
Project Manager Salary
(48 salaries)
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₹5.3 L/yr - ₹23.41 L/yr
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₹4.1 L/yr - ₹6.05 L/yr
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₹12.8 L/yr - ₹27.51 L/yr

Top skills at Kotak Mahindra Bank for Program Manager

Trend Analysis Program Management Insights HNI

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 08 Feb 2025

3.0
 for  Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

  • Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

read more
  • Work satisfaction - Poor
  • +2 more

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.

read more
  • Salary - Bad

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!!

read more
  • Salary - Good
  • +3 more

Dislikes

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

  • Skill development - Bad
  • +1 more

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.

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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.

read more
  • Salary - Poor
  • +2 more

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.

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank
I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
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Kotak Mahindra Bank Program Manager Salary FAQs

What is the salary of Program Manager at Kotak Mahindra Bank in Mumbai?
The average salary of a Program Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹7.0 Lakhs to ₹23.5 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Program Manager in Mumbai at Kotak Mahindra Bank earn more than ₹23.5 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 5 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Program Manager at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Program Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹99,675 to ₹1,02,386 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹23.5 Lakhs per year for employees with experience ranging from 4 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 5 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 in Mumbai?
To be a Program Manager at Kotak Mahindra Bank in Mumbai, 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?
HDFC Bank ₹17.9 Lakhs to ₹38.0 Lakhs per year
ICICI Bank ₹16.0 Lakhs to ₹27.9 Lakhs per year
RBL Bank ₹12.0 Lakhs to ₹30.0 Lakhs per year
IndusInd Bank ₹7.5 Lakhs to ₹27.0 Lakhs per year
Yes Bank ₹8.0 Lakhs to ₹24.0 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 Mumbai?
The salary of a Program Manager at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹9.0 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank ₹9.1 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 Mumbai?
The salary growth for a Program Manager at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Program Manager in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
4 years ₹10.3 Lakhs to ₹13.2 Lakhs per year
5 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
6 years ₹11.3 Lakhs to ₹14.5 Lakhs per year
7 years ₹11.9 Lakhs to ₹15.2 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Program Manager salary in Mumbai ranges between ₹7 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.