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Kotak Mahindra Bank Assistant Vice President IT salaries in India

Annual salary range
7 - 14 years exp.
₹23.4 Lakhs - ₹53 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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At par with the average Assistant Vice President IT Salary in Banking Companies for 7 - 14 years of experience

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Last Updated: 30 Nov 2024

Companies similar to Kotak Mahindra Bank for Assistant Vice President IT

Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Vice President IT Salary

11 - 19 years exp. (72 salaries)

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₹17 L/yr - ₹36 L/yr

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Axis Bank Assistant Vice President IT Salary

9 - 18 years exp. (102 salaries)

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₹17 L/yr - ₹40 L/yr

arrow icon 8% less
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₹14 L/yr - ₹31.5 L/yr

arrow icon 31% less
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Yes Bank Assistant Vice President IT Salary

5 - 22 years exp. (24 salaries)

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₹13.5 L/yr - ₹22.5 L/yr

arrow icon 44% less
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₹16.8 L/yr - ₹54.2 L/yr

arrow icon 17% more
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RBL Bank Assistant Vice President IT Salary

10 - 18 years exp. (18 salaries)

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₹14.5 L/yr - ₹32 L/yr

arrow icon 39% less
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Bandhan Bank Assistant Vice President IT Salary

12 - 19 years exp. (15 salaries)

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₹13 L/yr - ₹36 L/yr

arrow icon 33% less
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Barclays Assistant Vice President IT Salary

10 - 17 years exp. (46 salaries)

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₹21 L/yr - ₹37.5 L/yr

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₹21.7 L/yr - ₹49 L/yr

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₹25.2 L/yr - ₹58 L/yr

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₹20 L/yr - ₹25 L/yr

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₹26 L/yr - ₹33 L/yr

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₹6.5 L/yr - ₹27 L/yr

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Assistant Vice President IT salary at Kotak Mahindra Bank ranges between ₹23.4 Lakhs to ₹53 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Vice President IT

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7 years exp.
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12 years exp.
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14 years exp.

Experience wise Kotak Mahindra Bank Assistant Vice President IT salaries

Last Updated: 30 Nov 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹23.4 L/yr - ₹58.9 L/yr
8 years  (3 salaries)

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₹26 L/yr - ₹53 L/yr
9 years (AmbitionBox Estimate)

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₹28 L/yr - ₹59.4 L/yr
10 years (AmbitionBox Estimate)

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₹29.8 L/yr - ₹38.1 L/yr
11 years (AmbitionBox Estimate)

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₹24.5 L/yr - ₹59.8 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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₹2.4 L/yr - ₹3 L/yr
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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
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₹3.94 L/yr - ₹14.5 L/yr
Senior Associate Salary
(115 salaries)
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₹1.4 L/yr - ₹4.5 L/yr
Technical Specialist Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
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₹8.5 L/yr - ₹20.5 L/yr
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₹9.01 L/yr - ₹22.2 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

Salary related reviews for Kotak Mahindra Bank

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.

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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security

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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

read more

Full Time

 · 

Other Department

1.0
  •  posted on 15 Nov 2024

1.0
 for  Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

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Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

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Full Time

 · 

Other Department

5.0
  •  posted on 12 Nov 2024

5.0
 for  Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

read more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

read more
see more salary related reviews

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Kotak Mahindra Bank Assistant Vice President IT Salary FAQs

What is the salary of Assistant Vice President IT at Kotak Mahindra Bank?
Assistant Vice President IT salary at Kotak Mahindra Bank in India ranges between ₹23.4 Lakhs to ₹53.0 Lakhs for experience between 7 years to 14 years. According to our estimates it is 3% more than the average Assistant Vice President IT Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Assistant Vice President IT at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Assistant Vice President IT at Kotak Mahindra Bank is 3% more than the average salary of a Assistant Vice President IT in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Assistant Vice President IT in India?
  • Standard Chartered Assistant Vice President IT Salary - ₹25.2 Lakhs to ₹58.0 Lakhs per year
  • IDFC FIRST Bank Assistant Vice President IT Salary - ₹16.8 Lakhs to ₹54.2 Lakhs per year
  • Bank of America Assistant Vice President IT Salary - ₹21.7 Lakhs to ₹49.0 Lakhs per year
What is the salary of a Assistant Vice President IT in companies similar to Kotak Mahindra Bank in India?
  • Barclays Assistant Vice President IT Salary - ₹21.0 Lakhs to ₹37.5 Lakhs per year
  • Axis Bank Assistant Vice President IT Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
  • NatWest Group Assistant Vice President IT Salary - ₹26.0 Lakhs to ₹33.0 Lakhs per year
  • HDFC Bank Assistant Vice President IT Salary - ₹17.0 Lakhs to ₹36.0 Lakhs per year
  • IndusInd Bank Assistant Vice President IT Salary - ₹14.0 Lakhs to ₹31.5 Lakhs per year
What is the estimated take home salary of a Assistant Vice President IT at Kotak Mahindra Bank in India?
The estimated take-home salary of a Assistant Vice President IT at Kotak Mahindra Bank ranges between ₹2,01,870 per month to ₹2,09,861 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Vice President IT salary in India which ranges between ₹23.4 Lakhs to ₹53.0 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Assistant Vice President IT at Kotak Mahindra Bank?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Assistant Vice President ITs reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Vice President IT salary in India ranges between ₹23.4 Lakhs to ₹53 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.