Kotak Mahindra Bank Mumbai Assistant Vice President Salaries by 100+ Employees (Updated 2024)

6 - 18 years exp.

₹11.3 Lakhs - ₹36.3 Lakhs

Salary of majority employees

25% 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 - 18 years exp. (35 salaries)	₹13 L/yr - ₹29.5 L/yr
Product Management Assistant Vice President Salary 6 - 18 years exp. (17 salaries)	₹12 L/yr - ₹35 L/yr
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Finance & Accounting Assistant Vice President Salary 7 - 17 years exp. (14 salaries)	₹16 L/yr - ₹30 L/yr
Sales & Business Development Assistant Vice President Salary 9 - 14 years exp. (11 salaries)	₹13.5 L/yr - ₹39 L/yr
Risk Management & Compliance Assistant Vice President Salary 10 - 18 years exp. (7 salaries)	₹15 L/yr - ₹27 L/yr

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Last Updated: 15 Dec 2024

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

Kotak Mahindra Bank Assistant Vice President Salary

6 - 18 years exp. (133 salaries)

₹11.3 L/yr - ₹36.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President Salary 7 - 23 years exp. (1k salaries)	₹14.2 L/yr - ₹39 L/yr 18% more
ICICI Bank Assistant Vice President Salary 8 - 18 years exp. (14 salaries)	₹13.1 L/yr - ₹36 L/yr 12% more
Login to view exact salary
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (1.2k salaries)	₹14 L/yr - ₹40 L/yr 22% more
State Bank of India Assistant Vice President Salary 2 - 11 years exp. (76 salaries)	₹9 L/yr - ₹19.9 L/yr 42% less
Yes Bank Assistant Vice President Salary 4 - 20 years exp. (757 salaries)	₹9 L/yr - ₹27.4 L/yr 21% less
IndusInd Bank Assistant Vice President Salary 6 - 20 years exp. (244 salaries)	₹8 L/yr - ₹27.5 L/yr 21% less
IDFC FIRST Bank Assistant Vice President Salary 9 - 21 years exp. (145 salaries)	₹15.4 L/yr - ₹47 L/yr 45% more
RBL Bank Assistant Vice President Salary 8 - 20 years exp. (188 salaries)	₹10 L/yr - ₹27.5 L/yr 13% less
Barclays Assistant Vice President Salary 4 - 19 years exp. (215 salaries)	₹14 L/yr - ₹43 L/yr 46% more
Bank of America Assistant Vice President Salary 10 - 21 years exp. (106 salaries)	₹21 L/yr - ₹55 L/yr 73% more
Barclays Investment Bank Assistant Vice President Salary 4 - 11 years exp. (16 salaries)	₹22.3 L/yr - ₹35 L/yr 32% more
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Shinhan Bank Assistant Vice President Salary 8 - 15 years exp. (15 salaries)	₹12 L/yr - ₹25 L/yr 14% less
Bandhan Bank Assistant Vice President Salary 11 - 17 years exp. (10 salaries)	₹12.8 L/yr - ₹39 L/yr 8% more
Bank of Baroda Assistant Vice President Salary 8 - 15 years exp. (10 salaries)	₹9 L/yr - ₹20 L/yr 26% less
Utkarsh Small Finance Bank Assistant Vice President Salary 12 - 19 years exp. (6 salaries)	₹19.5 L/yr - ₹25 L/yr 4% less
NatWest Group Assistant Vice President Salary 10 - 15 years exp. (6 salaries)	₹19 L/yr - ₹33 L/yr 25% more
Jana Small Finance Bank Assistant Vice President Salary 15 - 21 years exp. (5 salaries)	₹7.1 L/yr - ₹20 L/yr 39% less
HSBC Global Banking and Markets Assistant Vice President Salary 6 - 19 years exp. (3 salaries)	₹20 L/yr - ₹28.4 L/yr 23% more
Chase Bank Assistant Vice President Salary 9 - 13 years exp. (3 salaries)	₹13 L/yr - ₹21 L/yr 27% less

Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹11.3 Lakhs to ₹36.3 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 133 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Vice President salaries in Mumbai

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
6 years (3 salaries)	₹22 L/yr - ₹28 L/yr
7 years (4 salaries)	₹16.7 L/yr - ₹25.5 L/yr
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8 years (7 salaries)	₹17 L/yr - ₹25.5 L/yr
9 years (7 salaries)	₹13.5 L/yr - ₹29.3 L/yr
10 years (17 salaries)	₹13.5 L/yr - ₹35 L/yr
11 years (9 salaries)	₹21 L/yr - ₹35.2 L/yr
12 years (13 salaries)	₹18 L/yr - ₹29 L/yr
13 years (17 salaries)	₹11.3 L/yr - ₹33 L/yr
14 years (17 salaries)	₹13.5 L/yr - ₹25 L/yr
15+ years (39 salaries)	₹13 L/yr - ₹36.5 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.

31% hike

Vice President 12 - 21 years exp.

46% hike

Similar Designation salaries in Kotak Mahindra Bank

Software Engineer Salary

(10 salaries)

₹6 L/yr - ₹18.7 L/yr

Test Lead Salary

(3 salaries)

₹12.5 L/yr - ₹25 L/yr

Technical Lead Salary

(3 salaries)

₹33.49 L/yr - ₹34.27 L/yr

Project Lead Salary

(3 salaries)

₹11.7 L/yr - ₹15.5 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

3.0

Rated by 9 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.

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

see more salary related reviews

Discover interview dos and don'ts from real experiences

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 Mumbai?

Assistant Vice President salary at Kotak Mahindra Bank in Mumbai ranges between ₹11.3 Lakhs to ₹36.3 Lakhs for experience between 6 years to 18 years. According to our estimates it is 25% less than the average Assistant Vice President Salary in India. Salary estimates are based on 133 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Assistant Vice President at Kotak Mahindra Bank is 25% less than the average salary of a Assistant Vice President in Mumbai. 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 Mumbai.

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

Bank of America Assistant Vice President Salary - ₹21.0 Lakhs to ₹55.0 Lakhs per year
Barclays Assistant Vice President Salary - ₹14.0 Lakhs to ₹43.0 Lakhs per year
IDFC FIRST Bank Assistant Vice President Salary - ₹15.4 Lakhs to ₹47.0 Lakhs per year
Barclays Investment Bank Assistant Vice President Salary - ₹22.3 Lakhs to ₹35.0 Lakhs per year
NatWest Group Assistant Vice President Salary - ₹19.0 Lakhs to ₹33.0 Lakhs per year

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

HSBC Global Banking and Markets Assistant Vice President Salary - ₹20.0 Lakhs to ₹28.4 Lakhs per year
Axis Bank Assistant Vice President Salary - ₹14.0 Lakhs to ₹40.0 Lakhs per year
HDFC Bank Assistant Vice President Salary - ₹14.2 Lakhs to ₹39.0 Lakhs per year
ICICI Bank Assistant Vice President Salary - ₹13.1 Lakhs to ₹36.0 Lakhs per year
Bandhan Bank Assistant Vice President Salary - ₹12.8 Lakhs to ₹39.0 Lakhs per year

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

The estimated take-home salary of a Assistant Vice President at Kotak Mahindra Bank ranges between ₹1,39,664 per month to ₹1,44,843 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Vice President salary in India which ranges between ₹11.3 Lakhs to ₹36.3 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 Mumbai?

According to AmbitionBox, 83% of the Kotak Mahindra Bank Assistant Vice Presidents in Mumbai reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 108 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Vice President Salaries in Mumbai

Kotak Mahindra Bank Assistant Vice President salary in Mumbai ranges between ₹11.3 Lakhs to ₹36.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 133 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.