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

6 - 18 years exp.

₹11.3 Lakhs - ₹34 Lakhs

Salary of majority employees

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30% less than the average Assistant Vice President Salary in Banking Companies for 6 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 6 - 18 years exp. (86 salaries)	Unlock ₹12 L/yr - ₹32.3 L/yr
Finance & Accounting Assistant Vice President Salary 6 - 17 years exp. (25 salaries)	Unlock ₹11.5 L/yr - ₹31 L/yr
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Product Management Assistant Vice President Salary 6 - 18 years exp. (18 salaries)	Unlock ₹12 L/yr - ₹33 L/yr
Sales & Business Development Assistant Vice President Salary 9 - 17 years exp. (17 salaries)	Unlock ₹13.5 L/yr - ₹32.5 L/yr
Customer Success, Service & Operations Assistant Vice President Salary 9 - 18 years exp. (12 salaries)	Unlock ₹11.3 L/yr - ₹29 L/yr

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Last Updated: 2 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President Salary 6 - 24 years exp. (2.2k salaries)	Unlock ₹10 L/yr - ₹39 L/yr 19% more
ICICI Bank Assistant Vice President Salary 6 - 18 years exp. (29 salaries)	Unlock ₹13.1 L/yr - ₹36 L/yr 8% more
Login to view exact salary
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (2.6k salaries)	Unlock ₹12 L/yr - ₹42 L/yr 23% more
State Bank of India Assistant Vice President Salary 2 - 12 years exp. (198 salaries)	Unlock ₹5.7 L/yr - ₹16 L/yr 45% less
Yes Bank Assistant Vice President Salary 4 - 21 years exp. (1.8k salaries)	Unlock ₹8 L/yr - ₹28.6 L/yr 21% less
IndusInd Bank Assistant Vice President Salary 6 - 20 years exp. (628 salaries)	Unlock ₹7.5 L/yr - ₹29.5 L/yr 19% less
IDFC FIRST Bank Assistant Vice President Salary 9 - 21 years exp. (253 salaries)	Unlock ₹12 L/yr - ₹50 L/yr 42% more
RBL Bank Assistant Vice President Salary 6 - 20 years exp. (440 salaries)	Unlock ₹10.2 L/yr - ₹30 L/yr 11% less
Federal Bank Assistant Vice President Salary 10 - 16 years exp. (26 salaries)	Unlock ₹14 L/yr - ₹42 L/yr 39% more
Bandhan Bank Assistant Vice President Salary 11 - 20 years exp. (162 salaries)	Unlock ₹9.6 L/yr - ₹34.2 L/yr 6% more

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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 18 years. Salary estimates are based on 239 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Vice President

3d ago

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13 years exp.

5d ago

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11 years exp.

5d ago

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14 years exp.

1w ago

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11 years exp.

1w ago

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13 years exp.

1w ago

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8 years exp.

3w ago

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8 years exp.

1mo ago

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10 years exp.

1mo ago

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8 years exp.

1mo ago

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15 years exp.

Experience wise Kotak Mahindra Bank Assistant Vice President salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
6 years (12 salaries)	Unlock ₹13 L/yr - ₹32 L/yr
7 years (7 salaries)	Unlock ₹16.5 L/yr - ₹33 L/yr
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8 years (11 salaries)	Unlock ₹17 L/yr - ₹34 L/yr
9 years (18 salaries)	Unlock ₹13.5 L/yr - ₹34 L/yr
10 years (32 salaries)	Unlock ₹12 L/yr - ₹33 L/yr
11 years (15 salaries)	Unlock ₹17 L/yr - ₹35.2 L/yr
12 years (27 salaries)	Unlock ₹15 L/yr - ₹36.3 L/yr
13 years (29 salaries)	Unlock ₹11.3 L/yr - ₹32.5 L/yr
14 years (22 salaries)	Unlock ₹12 L/yr - ₹25 L/yr
15+ years (66 salaries)	Unlock ₹11.5 L/yr - ₹30.3 L/yr

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From

Assistant Vice President

₹

Lakhs/yr

6 - 18 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Assistant Vice President 6 - 18 years exp.

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Deputy Vice President 8 - 22 years exp.

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32% hike

Vice President 12 - 21 years exp.

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49% hike

Similar Designation salaries in Kotak Mahindra Bank

Associate Consultant Salary

(5 salaries)

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₹2.4 L/yr - ₹3 L/yr

Technical Architect Salary

(4 salaries)

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₹47 L/yr - ₹52 L/yr

Technical Lead Salary

(8 salaries)

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₹20.2 L/yr - ₹64 L/yr

Senior Engineer Salary

(6 salaries)

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₹3.25 L/yr - ₹10.51 L/yr

Technical Specialist Salary

(AmbitionBox Estimate)

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₹19.4 L/yr - ₹24.7 L/yr

Senior Consultant Salary

(9 salaries)

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₹8.5 L/yr - ₹20.5 L/yr

Software Engineer Salary

(36 salaries)

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₹10.72 L/yr - ₹20.9 L/yr

Test Lead Salary

(3 salaries)

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₹12.5 L/yr - ₹25 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

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₹27.5 L/yr - ₹35.1 L/yr

Project Lead Salary

(3 salaries)

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₹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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Kotak Mahindra Bank Assistant Vice President Salary FAQs

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

Assistant Vice President salary at Kotak Mahindra Bank in India ranges between ₹11.3 Lakhs to ₹34.0 Lakhs for experience between 6 years to 18 years. According to our estimates it is 30% less than the average Assistant Vice President Salary in India. Salary estimates are based on 239 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Assistant Vice President at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Assistant Vice President at Kotak Mahindra Bank is 30% less than the average salary of a Assistant Vice President in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Vice President at Kotak Mahindra Bank?

Insurance Operations, Sales Promotion, Back Office Operations, Ca and Vendor Management are some of the popular skills required to work as a Assistant Vice President at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Assistant Vice President in India?

HSBC Global Banking and Markets Assistant Vice President Salary - ₹16.0 Lakhs to ₹47.0 Lakhs per year
IDFC FIRST Bank Assistant Vice President Salary - ₹12.0 Lakhs to ₹50.0 Lakhs per year
Federal Bank Assistant Vice President Salary - ₹14.0 Lakhs to ₹42.0 Lakhs per year
Barclays Investment Bank Assistant Vice President Salary - ₹19.0 Lakhs to ₹36.0 Lakhs per year
Axis Bank Assistant Vice President Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year

What is the salary of a Assistant Vice President in companies similar to Kotak Mahindra Bank in India?

HDFC Bank Assistant Vice President Salary - ₹10.0 Lakhs to ₹39.0 Lakhs per year
City Union Bank Assistant Vice President Salary - ₹22.0 Lakhs to ₹23.0 Lakhs per year
ICICI Bank Assistant Vice President Salary - ₹13.1 Lakhs to ₹36.0 Lakhs per year
Bandhan Bank Assistant Vice President Salary - ₹9.6 Lakhs to ₹34.2 Lakhs per year
Chase Bank Assistant Vice President Salary - ₹13.0 Lakhs to ₹36.5 Lakhs per year

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 ranges between ₹1,35,508 per month to ₹1,40,499 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Vice President salary in India which ranges between ₹11.3 Lakhs to ₹34.0 Lakhs per year for employees with experience between 6 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President at Kotak Mahindra Bank?

According to AmbitionBox, 83% of the Kotak Mahindra Bank Assistant Vice Presidents reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 218 responses on AmbitionBox in last 2 years.

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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 239 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

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Kotak Mahindra Bank Assistant Vice President Salaries by Location