Kotak Mahindra Bank Bangalore / Bengaluru Assistant Vice President Salaries by 20+ Employees (Updated 2024)

6 - 18 years exp.

₹12 Lakhs - ₹35 Lakhs

Salary of majority employees

31% less than the average Assistant Vice President Salary in Banking Companies for 6 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 6 - 17 years exp. (15 salaries)	₹12 L/yr - ₹32.3 L/yr
Customer Success, Service & Operations Assistant Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹19.9 L/yr
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Sales & Business Development Assistant Vice President Salary 10 - 17 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹22 L/yr
Finance & Accounting Assistant Vice President Salary 6 years exp. (AmbitionBox Estimate)	₹18.7 L/yr - ₹22 L/yr
Product Management Assistant Vice President Salary 10 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr

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Last Updated: 8 Nov 2024

Companies similar to Kotak Mahindra Bank for Assistant Vice President in Bangalore / Bengaluru

Kotak Mahindra Bank Assistant Vice President Salary

6 - 18 years exp. (28 salaries)

₹12 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President Salary 7 - 23 years exp. (189 salaries)	₹11 L/yr - ₹38 L/yr 20% more
ICICI Bank Assistant Vice President Salary 10 - 17 years exp. (3 salaries)	₹17.8 L/yr - ₹20 L/yr At par
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Axis Bank Assistant Vice President Salary 6 - 23 years exp. (241 salaries)	₹12.4 L/yr - ₹38 L/yr 28% more
State Bank of India Assistant Vice President Salary 2 - 9 years exp. (16 salaries)	₹4.8 L/yr - ₹14.8 L/yr 43% less
Yes Bank Assistant Vice President Salary 5 - 20 years exp. (122 salaries)	₹9 L/yr - ₹25 L/yr 12% less
IndusInd Bank Assistant Vice President Salary 6 - 18 years exp. (55 salaries)	₹9.6 L/yr - ₹24 L/yr 24% less
IDFC FIRST Bank Assistant Vice President Salary 9 - 19 years exp. (10 salaries)	₹19 L/yr - ₹41.5 L/yr 55% more
RBL Bank Assistant Vice President Salary 9 - 18 years exp. (20 salaries)	₹10.4 L/yr - ₹22 L/yr 10% less
Standard Chartered Assistant Vice President Salary 9 - 20 years exp. (115 salaries)	₹25.2 L/yr - ₹60 L/yr 114% more
HSBC Global Banking and Markets Assistant Vice President Salary 6 - 19 years exp. (70 salaries)	₹16 L/yr - ₹50 L/yr 55% more
Barclays Assistant Vice President Salary 4 - 18 years exp. (54 salaries)	₹18 L/yr - ₹40 L/yr 54% more
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Bank of America Assistant Vice President Salary 10 - 19 years exp. (13 salaries)	₹25 L/yr - ₹57.5 L/yr 98% more
Ujjivan Small Finance Bank Assistant Vice President Salary 4 - 14 years exp. (11 salaries)	₹12.5 L/yr - ₹24.5 L/yr 8% less
NatWest Group Assistant Vice President Salary 10 - 19 years exp. (10 salaries)	₹20.9 L/yr - ₹36.8 L/yr 42% more
Bandhan Bank Assistant Vice President Salary 11 - 19 years exp. (8 salaries)	₹15.4 L/yr - ₹28 L/yr 11% more
Barclays Investment Bank Assistant Vice President Salary 4 - 14 years exp. (4 salaries)	₹22.5 L/yr - ₹27.2 L/yr 34% more
Jana Small Finance Bank Assistant Vice President Salary 12 - 16 years exp. (3 salaries)	₹10 L/yr - ₹15 L/yr 41% less

Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹12 Lakhs to ₹35 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 28 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Vice President salaries in Bangalore / Bengaluru

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
6 years (3 salaries)	₹17.8 L/yr - ₹29 L/yr
7 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
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8 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
9 years (AmbitionBox Estimate)	₹15 L/yr - ₹36.1 L/yr
10 years (5 salaries)	₹14 L/yr - ₹28 L/yr
11 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹32.3 L/yr
12 years (4 salaries)	₹18 L/yr - ₹35 L/yr
13 years (4 salaries)	₹16.6 L/yr - ₹20 L/yr
14 years (3 salaries)	₹12 L/yr - ₹22.5 L/yr
15+ years (6 salaries)	₹14.3 L/yr - ₹25 L/yr

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From

Assistant Vice President

₹

Lakhs/yr

6 - 18 years exp.

Senior Vice President

₹

Lakhs/yr

16 - 25 years exp.

Assistant Vice President 6 - 18 years exp.

Deputy Vice President 8 - 22 years exp.

33% hike

Vice President 12 - 21 years exp.

44% hike

Similar Designation salaries in Kotak Mahindra Bank

Software Engineer Salary

(16 salaries)

₹6.98 L/yr - ₹18.95 L/yr

Top skills at Kotak Mahindra Bank for Assistant Vice President

Back Office Operations Ca Vendor Management TDS Financial operations Backend Operations Fixed Income KYC Insurance Operations RTGS Aml Risk Management NEFT LMS Team Management

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 2 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

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.

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.

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.

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.

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.

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

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.

Junior Associate in Thane

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.

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

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

2 participants . expiring in 2w

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Kotak Mahindra Bank Assistant Vice President Salary FAQs

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

Assistant Vice President salary at Kotak Mahindra Bank in Bangalore / Bengaluru ranges between ₹12.0 Lakhs to ₹35.0 Lakhs for experience between 6 years to 18 years. According to our estimates it is 31% less than the average Assistant Vice President Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Kotak Mahindra Bank Bangalore / Bengaluru.

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

The average salary of a Assistant Vice President at Kotak Mahindra Bank is 31% less than the average salary of a Assistant Vice President in Bangalore / Bengaluru. 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?

Back Office Operations, Ca, Vendor Management, TDS and Financial operations are some of the popular skills required to work as a Assistant Vice President at Kotak Mahindra Bank Bangalore / Bengaluru.

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

Standard Chartered Assistant Vice President Salary - ₹25.2 Lakhs to ₹60.0 Lakhs per year
Bank of America Assistant Vice President Salary - ₹25.0 Lakhs to ₹57.5 Lakhs per year
IDFC FIRST Bank Assistant Vice President Salary - ₹19.0 Lakhs to ₹41.5 Lakhs per year
HSBC Global Banking and Markets Assistant Vice President Salary - ₹16.0 Lakhs to ₹50.0 Lakhs per year
Barclays Assistant Vice President Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year

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

NatWest Group Assistant Vice President Salary - ₹20.9 Lakhs to ₹36.8 Lakhs per year
Barclays Investment Bank Assistant Vice President Salary - ₹22.5 Lakhs to ₹27.2 Lakhs per year
Axis Bank Assistant Vice President Salary - ₹12.4 Lakhs to ₹38.0 Lakhs per year
HDFC Bank Assistant Vice President Salary - ₹11.0 Lakhs to ₹38.0 Lakhs per year
Bandhan Bank Assistant Vice President Salary - ₹15.4 Lakhs to ₹28.0 Lakhs per year

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

The estimated take-home salary of a Assistant Vice President at Kotak Mahindra Bank ranges between ₹1,29,869 per month to ₹1,34,440 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Vice President salary in India which ranges between ₹12.0 Lakhs to ₹35.0 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 in Bangalore / Bengaluru?

According to AmbitionBox, 90% of the Kotak Mahindra Bank Assistant Vice Presidents in Bangalore / Bengaluru reported a notice period of 3 Months, 5% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Vice President Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Assistant Vice President salary in Bangalore / Bengaluru ranges between ₹12 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Vice President salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Assistant Vice President in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Assistant Vice President in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Assistant Vice President salaries in Bangalore / Bengaluru

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

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

Junior Associate in Thane

Kotak Mahindra Bank Assistant Vice President Salary FAQs

Tell us how to improve this page.