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Kotak Mahindra Bank

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3.8

based on 16k Reviews

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Kotak Mahindra Bank Vice President Product salaries in India

Annual salary range
15 - 17 years exp.
₹47 Lakhs - ₹55 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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10% less than the average Vice President Product Salary in Banking Companies for 15 - 17 years of experience

Interested in this particular role?

Last Updated: 8 Jul 2023

Companies similar to Kotak Mahindra Bank for Vice President Product

Company name Avg Annual Salary Open Jobs
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Axis Bank Vice President Product Salary

7 - 27 years exp. (4 salaries)
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₹23 L/yr - ₹60.5 L/yr

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Yes Bank Vice President Product Salary

10 - 14 years exp. (5 salaries)
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₹22.3 L/yr - ₹45 L/yr

arrow icon 41% less
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IDFC FIRST Bank Vice President Product Salary

11 - 15 years exp. (4 salaries)
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₹36 L/yr - ₹46 L/yr

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Jana Small Finance Bank Vice President Product Salary

8 - 15 years exp. (3 salaries)
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₹27 L/yr - ₹39 L/yr

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JPMorgan Chase & Co. Vice President Product Salary

10 - 17 years exp. (17 salaries)
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₹41.3 L/yr - ₹60 L/yr

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Vice President Product salary at Kotak Mahindra Bank ranges between ₹47 Lakhs to ₹55 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Vice President Product

1y ago
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17 years exp.
1y ago
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16 years exp.
1y ago
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16 years exp.

Experience wise Kotak Mahindra Bank Vice President Product salaries

Last Updated: 8 Jul 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹47 L/yr - ₹55 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹13.5 L/yr - ₹17.3 L/yr
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Salary related reviews for Kotak Mahindra Bank

2.3

Rated by 2 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • Skill development - Poor
    +1 more
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2w (edited)
a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Kotak Mahindra Bank Vice President Product Salary FAQs

What is the salary of Vice President Product at Kotak Mahindra Bank?
Vice President Product salary at Kotak Mahindra Bank in India ranges between ₹47.0 Lakhs to ₹55.0 Lakhs for experience between 15 years to 17 years. According to our estimates it is 10% less than the average Vice President Product Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Vice President Product at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Vice President Product at Kotak Mahindra Bank is 10% less than the average salary of a Vice President Product in India. To know exact salary insights, login to view.
What is the salary of a Vice President Product in companies similar to Kotak Mahindra Bank in India?
  • JPMorgan Chase & Co. Vice President Product Salary - ₹41.3 Lakhs to ₹60.0 Lakhs per year
  • IDFC FIRST Bank Vice President Product Salary - ₹36.0 Lakhs to ₹46.0 Lakhs per year
  • Axis Bank Vice President Product Salary - ₹23.0 Lakhs to ₹60.5 Lakhs per year
  • Jana Small Finance Bank Vice President Product Salary - ₹27.0 Lakhs to ₹39.0 Lakhs per year
  • Yes Bank Vice President Product Salary - ₹22.3 Lakhs to ₹45.0 Lakhs per year
What is the estimated take home salary of a Vice President Product at Kotak Mahindra Bank in India?
The estimated take-home salary of a Vice President Product at Kotak Mahindra Bank ranges between ₹3,00,381 per month to ₹3,12,112 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice President Product salary in India which ranges between ₹47.0 Lakhs to ₹55.0 Lakhs per year for employees with experience between 15 years to 17 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Kotak Mahindra Bank Vice President Product salary in India ranges between ₹47 Lakhs to ₹55 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.