Kotak Mahindra Bank New Delhi Senior Product Manager Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹15.4 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (89%)

₹17.6 Lakhs

Variable (11%)

₹2.2 Lakhs

45% less than the average Senior Product Manager Salary in Banking Companies for 3 - 8 years of experience

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Last Updated: 25 Sep 2024

Companies similar to Kotak Mahindra Bank for Senior Product Manager in New Delhi

Kotak Mahindra Bank Senior Product Manager Salary

3 - 8 years exp. (4 salaries)

₹15.4 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Product Manager Salary 2 - 7 years exp. (20 salaries)	₹17 L/yr - ₹30 L/yr 21% more
Axis Bank Senior Product Manager Salary 2 - 8 years exp. (16 salaries)	₹15.5 L/yr - ₹27.5 L/yr 10% more
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IndusInd Bank Senior Product Manager Salary 7 - 13 years exp. (6 salaries)	₹32 L/yr - ₹49 L/yr 101% more
RBL Bank Senior Product Manager Salary 1 - 5 years exp. (8 salaries)	₹12 L/yr - ₹20 L/yr 25% less
Publicis Sapient Senior Product Manager Salary 9 - 18 years exp. (33 salaries)	₹23.2 L/yr - ₹47 L/yr 102% more	1 job opening

Senior Product Manager salary at Kotak Mahindra Bank ranges between ₹15.4 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Product Manager salaries in New Delhi

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹20 L/yr - ₹37.9 L/yr
4 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
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5 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.7 L/yr
6 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹34.4 L/yr
7 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹33.3 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹18 L/yr

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From

Senior Product Manager

₹

Lakhs/yr

1 - 9 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Product Manager 1 - 9 years exp.

Associate Vice President 3 - 21 years exp.

2% hike

Vice President 12 - 21 years exp.

100% hike

Similar Designation salaries in Kotak Mahindra Bank

Product Manager Salary

(8 salaries)

₹7 L/yr - ₹14.16 L/yr

Salary related reviews for Kotak Mahindra Bank

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Senior Product Manager Salary FAQs

What is the salary of Senior Product Manager at Kotak Mahindra Bank New Delhi?

Senior Product Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹15.4 Lakhs to ₹20.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 45% less than the average Senior Product Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

How does the salary of a Senior Product Manager at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?

The average salary of a Senior Product Manager at Kotak Mahindra Bank is 45% less than the average salary of a Senior Product Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Product Manager in New Delhi?

Publicis Sapient Senior Product Manager Salary - ₹23.2 Lakhs to ₹47.0 Lakhs per year
IndusInd Bank Senior Product Manager Salary - ₹32.0 Lakhs to ₹49.0 Lakhs per year
ICICI Bank Senior Product Manager Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
Axis Bank Senior Product Manager Salary - ₹15.5 Lakhs to ₹27.5 Lakhs per year

What is the salary of a Senior Product Manager in companies similar to Kotak Mahindra Bank in New Delhi?

RBL Bank Senior Product Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Senior Product Manager at Kotak Mahindra Bank in New Delhi?

The estimated take-home salary of a Senior Product Manager at Kotak Mahindra Bank ranges between ₹1,30,577 per month to ₹1,35,241 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Product Manager salary in India which ranges between ₹15.4 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Product Manager at Kotak Mahindra Bank in New Delhi?

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

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Kotak Mahindra Bank Senior Product Manager Salaries in New Delhi

Kotak Mahindra Bank Senior Product Manager salary in New Delhi ranges between ₹15.4 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Senior Product Manager salaries in New Delhi

Companies similar to Kotak Mahindra Bank for Senior Product Manager in New Delhi

Latest annual salaries shared by Kotak Mahindra Bank Senior Product Manager in New Delhi

Experience wise Kotak Mahindra Bank Senior Product Manager salaries in New Delhi

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Senior Product Manager Salary FAQs

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