Kotak Mahindra Bank Assistant Vice President Operations Salaries by 4 Employees (Updated 2025)

15 - 22 years exp.

₹11 Lakhs - ₹16.9 Lakhs

Low Confidence

Salary of majority employees

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)	₹13.5 L/yr - ₹16.5 L/yr
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Human Resources Assistant Vice President Operations Salary 20 years exp. (AmbitionBox Estimate)	₹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
HDFC Bank Assistant Vice President Operations Salary 14 - 23 years exp. (60 salaries)	₹16 L/yr - ₹29 L/yr 54% more
Axis Bank Assistant Vice President Operations Salary 14 - 22 years exp. (41 salaries)	₹12 L/yr - ₹24 L/yr 35% more
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IndusInd Bank Assistant Vice President Operations Salary 12 - 21 years exp. (25 salaries)	₹9 L/yr - ₹23.4 L/yr 13% more
Yes Bank Assistant Vice President Operations Salary 11 - 19 years exp. (58 salaries)	₹8.3 L/yr - ₹18 L/yr 7% less
IDFC FIRST Bank Assistant Vice President Operations Salary 13 - 18 years exp. (7 salaries)	₹15 L/yr - ₹29 L/yr 52% more
RBL Bank Assistant Vice President Operations Salary 12 - 25 years exp. (15 salaries)	₹9.9 L/yr - ₹17.9 L/yr 3% less
Bandhan Bank Assistant Vice President Operations Salary 11 - 15 years exp. (4 salaries)	₹12.6 L/yr - ₹17.5 L/yr 1% more
HSBC Global Banking and Markets Assistant Vice President Operations Salary 7 - 20 years exp. (7 salaries)	₹22 L/yr - ₹30 L/yr 83% more
Utkarsh Small Finance Bank Assistant Vice President Operations Salary 14 - 28 years exp. (5 salaries)	₹19.3 L/yr - ₹27 L/yr 74% more
Barclays Investment Bank Assistant Vice President Operations Salary 15 - 17 years exp. (4 salaries)	₹23.5 L/yr - ₹34 L/yr 86% more
Jana Small Finance Bank Assistant Vice President Operations Salary 12 - 25 years exp. (3 salaries)	₹11.7 L/yr - ₹15 L/yr 10% less
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Shinhan Bank Assistant Vice President Operations Salary 11 - 14 years exp. (3 salaries)	₹9 L/yr - ₹22.3 L/yr 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.

Experience wise Kotak Mahindra Bank Assistant Vice President Operations salaries

Last Updated: 12 Aug 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹11 L/yr - ₹16.9 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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Associate Director Salary

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Senior Operations Manager Salary

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₹5.2 L/yr - ₹15.25 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

Operations Executive Salary

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₹1.2 L/yr - ₹3.6 L/yr

Salary related reviews for Kotak Mahindra Bank

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Operations Manager in Goregaon

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

Job security - Excellent

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

Salary - Bad

+5 more

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

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.

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.

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.

Work satisfaction - Bad

+2 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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?

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 - ₹22.0 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
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

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

Axis Bank Assistant Vice President Operations Salary - ₹12.0 Lakhs to ₹24.0 Lakhs per year
IndusInd Bank Assistant Vice President Operations Salary - ₹9.0 Lakhs to ₹23.4 Lakhs per year
Bandhan Bank Assistant Vice President Operations Salary - ₹12.6 Lakhs to ₹17.5 Lakhs per year
RBL Bank Assistant Vice President Operations Salary - ₹9.9 Lakhs to ₹17.9 Lakhs per year
Shinhan Bank Assistant Vice President Operations Salary - ₹9.0 Lakhs to ₹22.3 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 Salaries

Kotak Mahindra Bank Assistant Vice President Operations salary in India ranges between ₹11 Lakhs to ₹16.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Vice President Operations salaries in India

Companies similar to Kotak Mahindra Bank for Assistant Vice President Operations

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

Experience wise Kotak Mahindra Bank Assistant Vice President Operations salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Branch Manager in Ahmedabad

Operations Manager in Goregaon

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Kotak Mahindra Bank Assistant Vice President Operations Salary FAQs

Tell us how to improve this page.