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Kotak Mahindra Bank Assistant Vice President salaries in Chennai

Annual salary range
15 - 17 years exp.
₹11.5 Lakhs - ₹21.1 Lakhs
Salary of majority employees
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27% less than the average Assistant Vice President Salary in Banking Companies for 15 - 17 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Assistant Vice President Salary
15 - 17 years exp. (3 salaries)
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₹18.8 L/yr - ₹20 L/yr

Customer Success, Service & Operations
Assistant Vice President Salary
16 years exp. (AmbitionBox Estimate)
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₹11.5 L/yr - ₹20.5 L/yr

Last Updated: 25 Oct 2024

Companies similar to Kotak Mahindra Bank for Assistant Vice President in Chennai

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Kotak Mahindra Bank Assistant Vice President Salary

15 - 17 years exp. (4 salaries)

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₹11.5 L/yr - ₹21.1 L/yr

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

7 - 23 years exp. (172 salaries)

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₹10 L/yr - ₹35 L/yr

arrow icon 14% more
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Axis Bank Assistant Vice President Salary

6 - 23 years exp. (141 salaries)

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₹11.6 L/yr - ₹38 L/yr

arrow icon 18% more
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₹7 L/yr - ₹20.1 L/yr

arrow icon 44% less
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Yes Bank Assistant Vice President Salary

4 - 20 years exp. (113 salaries)

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₹9.3 L/yr - ₹25.1 L/yr

arrow icon 19% less
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IndusInd Bank Assistant Vice President Salary

6 - 21 years exp. (57 salaries)

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₹9.4 L/yr - ₹28 L/yr

arrow icon 15% less
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IDFC FIRST Bank Assistant Vice President Salary

10 - 19 years exp. (18 salaries)

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₹16.5 L/yr - ₹35 L/yr

arrow icon 44% more
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RBL Bank Assistant Vice President Salary

8 - 18 years exp. (20 salaries)

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₹12.5 L/yr - ₹20 L/yr

arrow icon 16% less
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Barclays Assistant Vice President Salary

4 - 20 years exp. (350 salaries)

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₹13.5 L/yr - ₹43 L/yr

arrow icon 48% more
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Bank of America Assistant Vice President Salary

10 - 20 years exp. (62 salaries)

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₹14.7 L/yr - ₹52.3 L/yr

arrow icon 78% more
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₹27 L/yr - ₹50 L/yr

arrow icon 100% more
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Shinhan Bank Assistant Vice President Salary

8 - 17 years exp. (14 salaries)

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₹12.2 L/yr - ₹23 L/yr

arrow icon 16% less
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NatWest Group Assistant Vice President Salary

10 - 16 years exp. (13 salaries)

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₹16.1 L/yr - ₹31 L/yr

arrow icon 24% more
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₹19.3 L/yr - ₹30 L/yr

arrow icon 28% more
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Bandhan Bank Assistant Vice President Salary

15 - 16 years exp. (4 salaries)

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₹18 L/yr - ₹25 L/yr

arrow icon 9% more
Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹11.5 Lakhs to ₹21.1 Lakhs per year for employees with experience between 15 years to 17 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 in Chennai

1mo ago
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17 years exp.
3mo ago
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16 years exp.
6mo ago
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15 years exp.
1y ago
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16 years exp.

Experience wise Kotak Mahindra Bank Assistant Vice President salaries in Chennai

Last Updated: 25 Oct 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹11.5 L/yr - ₹20 L/yr
Kotak Mahindra Bank Assistant Vice President Salary and Career Growth

From

To

Assistant Vice President

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6 - 18 years exp.

Senior Vice President

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16 - 25 years exp.

Assistant Vice President 6 - 18 years exp.
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Deputy Vice President 8 - 22 years exp.
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arrow icon 33% hike
Vice President 12 - 21 years exp.
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arrow icon 44% hike

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(662 salaries)
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₹1.8 L/yr - ₹8 L/yr
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₹1.05 L/yr - ₹4 L/yr
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₹2 L/yr - ₹3.75 L/yr
Sales Executive Salary
(51 salaries)
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₹1.2 L/yr - ₹4 L/yr
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₹12 L/yr - ₹33.16 L/yr
Chief Manager Salary
(25 salaries)
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₹8.4 L/yr - ₹19 L/yr
Team Lead Salary
(16 salaries)
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₹2 L/yr - ₹6.75 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

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.

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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.

read more

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.

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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.

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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

read more

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

read more
see more salary related reviews

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Kotak Mahindra Bank Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Kotak Mahindra Bank Chennai?
Assistant Vice President salary at Kotak Mahindra Bank in Chennai ranges between ₹11.5 Lakhs to ₹21.1 Lakhs for experience between 15 years to 17 years. According to our estimates it is 27% less than the average Assistant Vice President Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Chennai.
How does the salary of a Assistant Vice President at Kotak Mahindra Bank Chennai compare with the average salary range for this job?
The average salary of a Assistant Vice President at Kotak Mahindra Bank is 27% less than the average salary of a Assistant Vice President in Chennai. 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 Chennai.
Which similar companies are paying more than Kotak Mahindra Bank to a Assistant Vice President in Chennai?
  • Standard Chartered Assistant Vice President Salary - ₹27.0 Lakhs to ₹50.0 Lakhs per year
  • Bank of America Assistant Vice President Salary - ₹14.7 Lakhs to ₹52.3 Lakhs per year
  • Barclays Assistant Vice President Salary - ₹13.5 Lakhs to ₹43.0 Lakhs per year
  • IDFC FIRST Bank Assistant Vice President Salary - ₹16.5 Lakhs to ₹35.0 Lakhs per year
  • Barclays Investment Bank Assistant Vice President Salary - ₹19.3 Lakhs to ₹30.0 Lakhs per year
What is the salary of a Assistant Vice President in companies similar to Kotak Mahindra Bank in Chennai?
  • NatWest Group Assistant Vice President Salary - ₹16.1 Lakhs to ₹31.0 Lakhs per year
  • Axis Bank Assistant Vice President Salary - ₹11.6 Lakhs to ₹38.0 Lakhs per year
  • HDFC Bank Assistant Vice President Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year
  • Bandhan Bank Assistant Vice President Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year
  • IndusInd Bank Assistant Vice President Salary - ₹9.4 Lakhs to ₹28.0 Lakhs per year
What is the estimated take home salary of a Assistant Vice President at Kotak Mahindra Bank in Chennai?
The estimated take-home salary of a Assistant Vice President at Kotak Mahindra Bank ranges between ₹1,33,101 per month to ₹1,37,983 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Vice President salary in India which ranges between ₹11.5 Lakhs to ₹21.1 Lakhs per year for employees with experience between 15 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Assistant Vice President at Kotak Mahindra Bank in Chennai?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Assistant Vice Presidents in Chennai reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Assistant Vice President salary in Chennai ranges between ₹11.5 Lakhs to ₹21.1 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.