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Kotak Mahindra Bank Project Manager salaries in India (Updated 2025)

Annual salary range
1 - 12 years exp.
₹5.8 Lakhs - ₹24.3 Lakhs
Salary of majority employees
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Fixed (91%)
₹13.1 Lakhs
Variable (9%)
₹1.2 Lakh
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17% less than the average Project Manager Salary in Banking Companies for 1 - 12 years of experience

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Salaries in different departments

Project & Program Management
Project Manager Salary
2 - 12 years exp. (12 salaries)
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₹6.5 L/yr - ₹23.5 L/yr

Data Science & Analytics
Project Manager Salary
5 - 12 years exp. (11 salaries)
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₹6 L/yr - ₹12.4 L/yr

BFSI, Investments & Trading
Project Manager Salary
3 - 12 years exp. (9 salaries)
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₹6.1 L/yr - ₹20 L/yr

Engineering - Software & QA
Project Manager Salary
1 - 11 years exp. (6 salaries)
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₹10 L/yr - ₹25.1 L/yr

IT & Information Security
Project Manager Salary
2 - 10 years exp. (4 salaries)
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₹12 L/yr - ₹16.5 L/yr

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Last Updated: 14 Mar 2025

Companies similar to Kotak Mahindra Bank for Project Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Project Manager Salary

1 - 15 years exp. (178 salaries)

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₹5.2 L/yr - ₹19.4 L/yr

arrow icon 23% less
1 job opening
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ICICI Bank Project Manager Salary

1 - 12 years exp. (151 salaries)

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₹7.3 L/yr - ₹25 L/yr

arrow icon 17% more
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Axis Bank Project Manager Salary

0 - 16 years exp. (92 salaries)

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₹6.5 L/yr - ₹26.9 L/yr

arrow icon 8% more
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IDFC FIRST Bank Project Manager Salary

0 - 13 years exp. (79 salaries)

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₹6.6 L/yr - ₹27 L/yr

arrow icon 9% more
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IndusInd Bank Project Manager Salary

6 - 18 years exp. (78 salaries)

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₹9 L/yr - ₹37.8 L/yr

arrow icon 47% more
4 job openings
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Yes Bank Project Manager Salary

2 - 15 years exp. (62 salaries)

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₹5.9 L/yr - ₹22 L/yr

arrow icon 11% less
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RBL Bank Project Manager Salary

1 - 10 years exp. (43 salaries)

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₹4.6 L/yr - ₹15 L/yr

arrow icon 21% less
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Bandhan Bank Project Manager Salary

3 - 18 years exp. (21 salaries)

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₹4 L/yr - ₹15.8 L/yr

arrow icon 37% less
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₹22 L/yr - ₹44 L/yr

arrow icon 118% more
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₹7.2 L/yr - ₹16 L/yr

arrow icon 24% less
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₹5.1 L/yr - ₹11.9 L/yr

arrow icon 53% less
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₹9.5 L/yr - ₹24 L/yr

arrow icon 9% more
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Canara Bank Project Manager Salary

6 - 14 years exp. (5 salaries)

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₹13 L/yr - ₹26 L/yr

arrow icon 37% more
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Federal Bank Project Manager Salary

1 - 9 years exp. (5 salaries)

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₹11 L/yr - ₹15 L/yr

arrow icon 7% less
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IDBI Bank Project Manager Salary

5 - 11 years exp. (4 salaries)

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₹15 L/yr - ₹24.5 L/yr

arrow icon 34% more
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Bank of Baroda Project Manager Salary

0 - 15 years exp. (4 salaries)

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₹8.5 L/yr - ₹28.4 L/yr

arrow icon 29% more
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South Indian Bank Project Manager Salary

1 - 12 years exp. (3 salaries)

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₹11 L/yr - ₹28 L/yr

arrow icon 16% more
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Paytm Payments Bank Project Manager Salary

3 - 5 years exp. (3 salaries)

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₹6.9 L/yr - ₹39 L/yr

arrow icon 24% more
Project Manager salary at Kotak Mahindra Bank ranges between ₹5.8 Lakhs to ₹24.3 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 60 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Project Manager

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Experience wise Kotak Mahindra Bank Project Manager salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹10 L/yr - ₹20 L/yr
2 years  (6 salaries)

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₹8.2 L/yr - ₹20.5 L/yr
3 years  (6 salaries)

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₹8 L/yr - ₹16 L/yr
4 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹25.8 L/yr
5 years  (6 salaries)

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₹6 L/yr - ₹18.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Product Manager Salary
(584 salaries)
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₹6.25 L/yr - ₹25.15 L/yr
Program Manager Salary
(10 salaries)
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₹7 L/yr - ₹20 L/yr
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₹12.8 L/yr - ₹27.51 L/yr
Delivery Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
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₹3 L/yr - ₹9.2 L/yr
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₹3.5 L/yr - ₹8 L/yr
Engineering Manager Salary
(AmbitionBox Estimate)
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₹51.8 L/yr - ₹57.2 L/yr
Scrum Master Salary
(4 salaries)
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₹4.5 L/yr - ₹9 L/yr
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₹13.3 L/yr - ₹21.5 L/yr
Associate Project Manager Salary
(AmbitionBox Estimate)
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₹17.4 L/yr - ₹22.2 L/yr

Top skills at Kotak Mahindra Bank for Project Manager

Project Management Project Planning Project Execution

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 6 employees for salary & benefits

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

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.

read more

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.

read more

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

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Good
  • +1 more

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

read more
  • Job security - Bad
  • +2 more
see more salary related reviews

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Kotak Mahindra Bank Project Manager Salary FAQs

What is the salary of Project Manager at Kotak Mahindra Bank ?
The average salary of a Project Manager at Kotak Mahindra Bank in India typically ranges from ₹5.8 Lakhs to ₹24.3 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Project Manager at Kotak Mahindra Bank earn more than ₹20.4 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Project 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 60+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Project Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Project Manager at Kotak Mahindra Bank in India typically ranges from ₹99,713 to ₹1,02,426 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹24.3 Lakhs per year for employees with experience ranging from 1 year to 12 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 60+ 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 Project Manager at Kotak Mahindra Bank ?
To be a Project Manager at Kotak Mahindra Bank in india, the key skills required include:

  • - Project Management
  • - Project Planning
  • - Project Execution

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 Project Manager in India?
HSBC Global Banking and Markets ₹22.0 Lakhs to ₹44.0 Lakhs per year
IndusInd Bank ₹9.0 Lakhs to ₹37.8 Lakhs per year
Canara Bank ₹13.0 Lakhs to ₹26.0 Lakhs per year
IDBI Bank ₹15.0 Lakhs to ₹24.5 Lakhs per year
Bank of Baroda ₹8.5 Lakhs to ₹28.4 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 Project Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Project 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:

Paytm Payments Bank ₹6.9 Lakhs to ₹39.0 Lakhs per year
ICICI Bank ₹7.3 Lakhs to ₹25.0 Lakhs per year
South Indian Bank ₹11.0 Lakhs to ₹28.0 Lakhs per year
IDFC FIRST Bank ₹6.6 Lakhs to ₹27.0 Lakhs per year
Ujjivan Small Finance Bank ₹9.5 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 Project Manager at Kotak Mahindra Bank in India?
The salary growth for a Project Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Project Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹10.0 Lakhs to ₹20.0 Lakhs per year
2 years ₹8.2 Lakhs to ₹20.5 Lakhs per year
3 years ₹8.0 Lakhs to ₹16.0 Lakhs per year
4 years ₹11.3 Lakhs to ₹25.8 Lakhs per year
and so on.

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Kotak Mahindra Bank Project Manager salary in India ranges between ₹5.8 Lakhs to ₹24.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 60 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.