Kotak Mahindra Bank Mumbai Project Manager Salaries by 40+ Employees (Updated 2025)

1 - 12 years exp.

₹5.3 Lakhs - ₹23.4 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

32% 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)	₹5.3 L/yr - ₹23.5 L/yr
Data Science & Analytics Project Manager Salary 5 - 12 years exp. (11 salaries)	₹6 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Project Manager Salary 3 - 12 years exp. (9 salaries)	₹6.1 L/yr - ₹20 L/yr
Engineering - Software & QA Project Manager Salary 4 - 11 years exp. (4 salaries)	₹11.6 L/yr - ₹25.1 L/yr
IT & Information Security Project Manager Salary 2 - 10 years exp. (3 salaries)	₹13.6 L/yr - ₹16.5 L/yr

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Last Updated: 14 Mar 2025

Companies similar to Kotak Mahindra Bank for Project Manager in Mumbai

Kotak Mahindra Bank Project Manager Salary

1 - 12 years exp. (48 salaries)

₹5.3 L/yr - ₹23.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Project Manager Salary 1 - 12 years exp. (70 salaries)	₹12.6 L/yr - ₹22.8 L/yr 10% more
HDFC Bank Project Manager Salary 1 - 10 years exp. (60 salaries)	₹6 L/yr - ₹19.5 L/yr 3% less	1 job opening
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Axis Bank Project Manager Salary 0 - 16 years exp. (58 salaries)	₹6.5 L/yr - ₹24.5 L/yr 18% more
IDFC FIRST Bank Project Manager Salary 0 - 13 years exp. (56 salaries)	₹7 L/yr - ₹25.7 L/yr 19% more
IndusInd Bank Project Manager Salary 7 - 18 years exp. (46 salaries)	₹9.4 L/yr - ₹31.5 L/yr 58% more	10 job openings
Yes Bank Project Manager Salary 2 - 14 years exp. (34 salaries)	₹5.7 L/yr - ₹22 L/yr 8% more
RBL Bank Project Manager Salary 1 - 10 years exp. (25 salaries)	₹5 L/yr - ₹13.6 L/yr 17% less
IDBI Bank Project Manager Salary 5 - 11 years exp. (4 salaries)	₹15 L/yr - ₹24.5 L/yr 41% more

Project Manager salary at Kotak Mahindra Bank ranges between ₹5.3 Lakhs to ₹23.4 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 48 latest salaries received from various employees of Kotak Mahindra Bank.

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

3w ago

₹12.5 Lakhs

3 years exp.

2mo ago

₹15.3 Lakhs

12 years exp.

2mo ago

₹20 Lakhs

8 years exp.

4mo ago

₹12 Lakhs

5 years exp.

4mo ago

₹8 Lakhs

3 years exp.

4mo ago

9 years exp.

5mo ago

3 years exp.

6mo ago

7 years exp.

8mo ago

9 years exp.

9mo ago

6 years exp.

Experience wise Kotak Mahindra Bank Project Manager salaries in Mumbai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
2 years (4 salaries)	₹8.2 L/yr - ₹15.4 L/yr
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3 years (6 salaries)	₹8 L/yr - ₹16 L/yr
4 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
5 years (4 salaries)	₹6 L/yr - ₹15 L/yr
6 years (4 salaries)	₹6.3 L/yr - ₹23.5 L/yr
7 years (4 salaries)	₹8.4 L/yr - ₹23.4 L/yr
8 years (6 salaries)	₹6.1 L/yr - ₹23.5 L/yr
9 years (6 salaries)	₹5.3 L/yr - ₹19.8 L/yr
10 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
11 years (3 salaries)	₹11.6 L/yr - ₹20.2 L/yr
12 years (5 salaries)	₹7.5 L/yr - ₹15.3 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Product Manager Salary

(429 salaries)

₹6.92 L/yr - ₹24 L/yr

Technical Manager Salary

(12 salaries)

₹4.1 L/yr - ₹6.05 L/yr

Senior Project Manager Salary

(11 salaries)

₹12.8 L/yr - ₹27.51 L/yr

Program Manager Salary

(5 salaries)

₹7 L/yr - ₹23.5 L/yr

Technical Project Manager Salary

(4 salaries)

₹5.2 L/yr - ₹17 L/yr

Top skills at Kotak Mahindra Bank for Project Manager

Project Management Project Planning Project Execution

Salary related reviews for Kotak Mahindra Bank

2.1

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

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.

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Manager OPS in Kolkata

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 18 Mar 2025

2.0

for Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

Salary - Poor

+5 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Project Manager Salary FAQs

What is the salary of Project Manager at Kotak Mahindra Bank in Mumbai?

The average salary of a Project Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹5.3 Lakhs to ₹23.4 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Project Manager in Mumbai at Kotak Mahindra Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹25.1 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 40+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Project Manager at Kotak Mahindra Bank in Mumbai typically ranges from ₹92,195 to ₹94,664 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹23.4 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 40+ 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 in Mumbai?

To be a Project Manager at Kotak Mahindra Bank in Mumbai, 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?

IndusInd Bank	₹9.4 Lakhs to ₹31.5 Lakhs per year
IDBI Bank	₹15.0 Lakhs to ₹24.5 Lakhs per year
IDFC FIRST Bank	₹7.0 Lakhs to ₹25.7 Lakhs per year
Axis Bank	₹6.5 Lakhs to ₹24.5 Lakhs per year
ICICI Bank	₹12.6 Lakhs to ₹22.8 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 Mumbai?

The salary of a Project 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:

Yes Bank	₹5.7 Lakhs to ₹22.0 Lakhs per year
HDFC Bank	₹6.0 Lakhs to ₹19.5 Lakhs per year
RBL Bank	₹5.0 Lakhs to ₹13.6 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 Mumbai?

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

Experience	Average Salary Range
1 year	₹11.8 Lakhs to ₹15.0 Lakhs per year
2 years	₹8.2 Lakhs to ₹15.4 Lakhs per year
3 years	₹8.0 Lakhs to ₹16.0 Lakhs per year
4 years	₹11.8 Lakhs to ₹15.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Project Manager Salaries in Mumbai

Kotak Mahindra Bank Project Manager salary in Mumbai ranges between ₹5.3 Lakhs to ₹23.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.