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Kotak Mahindra Bank Assistant Vice President Operations salaries in India

Annual salary range
15 - 22 years exp.
₹11 Lakhs - ₹16.9 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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46% less than the average Assistant Vice President Operations Salary in Banking Companies for 15 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Vice President Operations Salary
22 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹16.5 L/yr

Human Resources
Assistant Vice President Operations Salary
20 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 12 Aug 2023

Companies similar to Kotak Mahindra Bank for Assistant Vice President Operations

Company name Avg Annual Salary Open Jobs
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₹16 L/yr - ₹29 L/yr

arrow icon 58% more
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₹12 L/yr - ₹24 L/yr

arrow icon 40% more
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₹9.5 L/yr - ₹23.4 L/yr

arrow icon 19% more
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₹8.3 L/yr - ₹18 L/yr

arrow icon 10% less
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₹15 L/yr - ₹29 L/yr

arrow icon 52% more
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₹9.9 L/yr - ₹17.9 L/yr

arrow icon 3% less
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₹12.6 L/yr - ₹17.5 L/yr

arrow icon 1% more
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₹16.5 L/yr - ₹32.1 L/yr

arrow icon 68% more
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₹23.8 L/yr - ₹49 L/yr

arrow icon 170% more
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₹21.2 L/yr - ₹30 L/yr

arrow icon 82% more
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₹7.4 L/yr - ₹19.3 L/yr

arrow icon 7% more
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₹21 L/yr - ₹45 L/yr

arrow icon 115% more
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₹19.3 L/yr - ₹27 L/yr

arrow icon 74% more
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₹23.5 L/yr - ₹34 L/yr

arrow icon 86% more
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₹11.7 L/yr - ₹15 L/yr

arrow icon 10% less
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₹9 L/yr - ₹22.3 L/yr

arrow icon 5% less
Assistant Vice President Operations salary at Kotak Mahindra Bank ranges between ₹11 Lakhs to ₹16.9 Lakhs per year for employees with experience between 15 years to 22 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 Assistant Vice President Operations

1y ago
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15 years exp.
1y ago
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20 years exp.
1y ago
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22 years exp.
1y ago
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15 years exp.

Experience wise Kotak Mahindra Bank Assistant Vice President Operations salaries

Last Updated: 12 Aug 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹11 L/yr - ₹16.9 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹25 L/yr - ₹70 L/yr
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₹11.29 L/yr - ₹35.76 L/yr
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₹10 L/yr - ₹36 L/yr
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₹27 L/yr - ₹80 L/yr
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₹2.5 L/yr - ₹4.5 L/yr
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₹4 L/yr - ₹12 L/yr
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₹25.73 L/yr - ₹55 L/yr
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₹5.2 L/yr - ₹15.25 L/yr
Business Head Salary
(AmbitionBox Estimate)
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₹61.8 L/yr - ₹68.3 L/yr
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₹1.45 L/yr - ₹3.8 L/yr

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

There is no work pressure its harmful for your future

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

read more

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

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

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

Dislikes

Salary, promortion - these are the worst over here.

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

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

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.

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
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Kotak Mahindra Bank Assistant Vice President Operations Salary FAQs

What is the salary of Assistant Vice President Operations at Kotak Mahindra Bank?
Assistant Vice President Operations salary at Kotak Mahindra Bank in India ranges between ₹11.0 Lakhs to ₹16.9 Lakhs for experience between 15 years to 22 years. According to our estimates it is 46% less than the average Assistant Vice President Operations 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 Assistant Vice President Operations at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Assistant Vice President Operations at Kotak Mahindra Bank is 46% less than the average salary of a Assistant Vice President Operations 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 Operations in India?
  • Bank of America Assistant Vice President Operations Salary - ₹23.8 Lakhs to ₹49.0 Lakhs per year
  • Standard Chartered Assistant Vice President Operations Salary - ₹21.0 Lakhs to ₹45.0 Lakhs per year
  • Barclays Investment Bank Assistant Vice President Operations Salary - ₹23.5 Lakhs to ₹34.0 Lakhs per year
  • HSBC Global Banking and Markets Assistant Vice President Operations Salary - ₹21.2 Lakhs to ₹30.0 Lakhs per year
  • Utkarsh Small Finance Bank Assistant Vice President Operations Salary - ₹19.3 Lakhs to ₹27.0 Lakhs per year
What is the salary of a Assistant Vice President Operations in companies similar to Kotak Mahindra Bank in India?
  • Barclays Assistant Vice President Operations Salary - ₹16.5 Lakhs to ₹32.1 Lakhs per year
  • HDFC Bank Assistant Vice President Operations Salary - ₹16.0 Lakhs to ₹29.0 Lakhs per year
  • IDFC FIRST Bank Assistant Vice President Operations Salary - ₹15.0 Lakhs to ₹29.0 Lakhs per year
  • Axis Bank Assistant Vice President Operations Salary - ₹12.0 Lakhs to ₹24.0 Lakhs per year
  • IndusInd Bank Assistant Vice President Operations Salary - ₹9.5 Lakhs to ₹23.4 Lakhs per year
What is the estimated take home salary of a Assistant Vice President Operations at Kotak Mahindra Bank in India?
The estimated take-home salary of a Assistant Vice President Operations at Kotak Mahindra Bank ranges between ₹98,927 per month to ₹1,01,613 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Vice President Operations salary in India which ranges between ₹11.0 Lakhs to ₹16.9 Lakhs per year for employees with experience between 15 years to 22 years. Check how did we calculate take home salary?
What is the notice period for Assistant Vice President Operations at Kotak Mahindra Bank?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Assistant Vice President Operationss 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 Operations salary in India ranges between ₹11 Lakhs to ₹16.9 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.