Kotak Mahindra Bank Assistant Vice President Salaries by 200+ Employees (Updated 2025)

6 - 19 years exp.

₹11.3 Lakhs - ₹34 Lakhs

Salary of majority employees

Fixed (89%)

₹18.2 Lakhs

Variable (11%)

₹2.3 Lakhs

31% less than the average Assistant Vice President Salary in Banking Companies for 6 - 19 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 6 - 19 years exp. (88 salaries)	₹12 L/yr - ₹33 L/yr
Finance & Accounting Assistant Vice President Salary 6 - 17 years exp. (25 salaries)	₹11.5 L/yr - ₹31 L/yr
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Product Management Assistant Vice President Salary 6 - 18 years exp. (17 salaries)	₹12 L/yr - ₹33 L/yr
Sales & Business Development Assistant Vice President Salary 9 - 17 years exp. (17 salaries)	₹13.5 L/yr - ₹32.5 L/yr
Customer Success, Service & Operations Assistant Vice President Salary 9 - 18 years exp. (14 salaries)	₹11.3 L/yr - ₹29 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (3.2k salaries)	₹12 L/yr - ₹42 L/yr 21% more
HDFC Bank Assistant Vice President Salary 6 - 24 years exp. (2.2k salaries)	₹10 L/yr - ₹40 L/yr 21% more
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Yes Bank Assistant Vice President Salary 4 - 21 years exp. (1.8k salaries)	₹8 L/yr - ₹28.6 L/yr 19% less
IndusInd Bank Assistant Vice President Salary 6 - 21 years exp. (746 salaries)	₹7.5 L/yr - ₹25 L/yr 21% less
RBL Bank Assistant Vice President Salary 6 - 19 years exp. (388 salaries)	₹10 L/yr - ₹30.7 L/yr 6% less
IDFC FIRST Bank Assistant Vice President Salary 10 - 21 years exp. (232 salaries)	₹15 L/yr - ₹50 L/yr 47% more
Bandhan Bank Assistant Vice President Salary 11 - 20 years exp. (165 salaries)	₹9.6 L/yr - ₹35 L/yr 7% more
HSBC Global Banking and Markets Assistant Vice President Salary 6 - 15 years exp. (102 salaries)	₹16 L/yr - ₹47 L/yr 54% more
Shinhan Bank Assistant Vice President Salary 10 - 17 years exp. (46 salaries)	₹10.6 L/yr - ₹25 L/yr 17% less
Barclays Investment Bank Assistant Vice President Salary 4 - 11 years exp. (54 salaries)	₹19 L/yr - ₹40 L/yr 38% more

View all

Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹11.3 Lakhs to ₹34 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 246 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Vice President salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
6 years (12 salaries)	₹13 L/yr - ₹32 L/yr
7 years (7 salaries)	₹16.5 L/yr - ₹33 L/yr
Login to view exact salary
8 years (11 salaries)	₹17 L/yr - ₹34 L/yr
9 years (17 salaries)	₹13.5 L/yr - ₹34 L/yr
10 years (32 salaries)	₹12 L/yr - ₹33 L/yr
11 years (17 salaries)	₹14 L/yr - ₹35.2 L/yr
12 years (29 salaries)	₹15 L/yr - ₹36.1 L/yr
13 years (28 salaries)	₹11.3 L/yr - ₹32.5 L/yr
14 years (24 salaries)	₹11.5 L/yr - ₹25 L/yr
15+ years (69 salaries)	₹11.5 L/yr - ₹29.9 L/yr

View all

From

Assistant Vice President

₹

Lakhs/yr

6 - 19 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Assistant Vice President

6 - 19 years exp.

Deputy Vice President

8 - 22 years exp.

34% hike

Vice President

12 - 21 years exp.

52% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Associate Consultant Salary

(5 salaries)

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Technical Architect Salary

(4 salaries)

₹47 L/yr - ₹52 L/yr

Technical Lead Salary

(8 salaries)

₹20.2 L/yr - ₹64 L/yr

Senior Engineer Salary

(7 salaries)

₹6 L/yr - ₹16 L/yr

Technical Specialist Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Senior Consultant Salary

(9 salaries)

₹8.5 L/yr - ₹20.5 L/yr

Software Engineer Salary

(38 salaries)

₹11.79 L/yr - ₹23 L/yr

Test Lead Salary

(3 salaries)

₹12.5 L/yr - ₹25 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹27.5 L/yr - ₹35.1 L/yr

Project Lead Salary

(3 salaries)

₹11.65 L/yr - ₹15.5 L/yr

Top skills at Kotak Mahindra Bank for Assistant Vice President

Insurance Operations Sales Promotion Back Office Operations Ca Vendor Management TDS Financial operations Risk Management Backend Operations Fixed Income KYC Claims Adjudication Digital Marketing RTGS Aml

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 27 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

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.

Principal Software Engineer in Bangalore / Bengaluru

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

Salary - Poor

+4 more

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Kotak Mahindra Bank ?

The average salary of a Assistant Vice President at Kotak Mahindra Bank in India typically ranges from ₹11.3 Lakhs to ₹34.0 Lakhs per year, depending on experience (from 6 years to 19 years).

The top 10% of Assistant Vice President at Kotak Mahindra Bank earn more than ₹29.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Assistant Vice President 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 200+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Assistant Vice President at Kotak Mahindra Bank in India?

The estimated take-home salary of a Assistant Vice President at Kotak Mahindra Bank in India typically ranges from ₹1,34,171 to ₹1,39,101 per month. This is based on the average salary range of ₹11.3 Lakhs to ₹34.0 Lakhs per year for employees with experience ranging from 6 years to 19 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 200+ 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 Assistant Vice President at Kotak Mahindra Bank ?

To be a Assistant Vice President at Kotak Mahindra Bank in india, the key skills required include:

- Insurance Operations
- Sales Promotion
- Back Office Operations
- Ca
- Vendor Management

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 Assistant Vice President in India?

HSBC Global Banking and Markets	₹16.0 Lakhs to ₹47.0 Lakhs per year
South Indian Bank	₹20.0 Lakhs to ₹38.0 Lakhs per year
IDFC FIRST Bank	₹15.0 Lakhs to ₹50.0 Lakhs per year
Federal Bank	₹14.0 Lakhs to ₹42.0 Lakhs per year
Barclays Investment Bank	₹19.0 Lakhs to ₹40.0 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 Assistant Vice President in companies similar to Kotak Mahindra Bank in India?

The salary of a Assistant Vice President at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹10.0 Lakhs to ₹40.0 Lakhs per year
Axis Bank	₹12.0 Lakhs to ₹42.0 Lakhs per year
City Union Bank	₹22.0 Lakhs to ₹23.0 Lakhs per year
ICICI Bank	₹13.1 Lakhs to ₹36.0 Lakhs per year
Bandhan Bank	₹9.6 Lakhs to ₹35.0 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 Assistant Vice President at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
6 years	₹13.0 Lakhs to ₹32.0 Lakhs per year
7 years	₹16.5 Lakhs to ₹33.0 Lakhs per year
8 years	₹17.0 Lakhs to ₹34.0 Lakhs per year
9 years	₹13.5 Lakhs to ₹34.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Assistant Vice President Salaries

Kotak Mahindra Bank Assistant Vice President salary in India ranges between ₹11.3 Lakhs to ₹34 Lakhs with an average annual salary of ₹. Salary estimates are based on 246 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Vice President salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Assistant Vice President

Latest annual salaries shared by Kotak Mahindra Bank Assistant Vice President

Experience wise Kotak Mahindra Bank Assistant Vice President salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Assistant Vice President

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Assistant Vice President

Principal Software Engineer in Bangalore / Bengaluru

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

Kotak Mahindra Bank Assistant Vice President Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Assistant Vice President Salaries by Location