Kotak Mahindra Bank New Delhi Assistant Vice President Salaries by 10+ Employees (Updated 2025)

7 - 17 years exp.

₹13 Lakhs - ₹30 Lakhs

Salary of majority employees

30% less than the average Assistant Vice President Salary in Banking Companies for 7 - 17 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 7 - 15 years exp. (6 salaries)	₹15.3 L/yr - ₹26.2 L/yr
Finance & Accounting Assistant Vice President Salary 10 - 15 years exp. (3 salaries)	₹15 L/yr - ₹24 L/yr
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Customer Success, Service & Operations Assistant Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
Sales & Business Development Assistant Vice President Salary 13 years exp. (AmbitionBox Estimate)	₹18.3 L/yr - ₹23 L/yr
Risk Management & Compliance Assistant Vice President Salary 13 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹20.4 L/yr

Last Updated: 2 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Vice President in New Delhi

Kotak Mahindra Bank Assistant Vice President Salary

7 - 17 years exp. (13 salaries)

₹13 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President Salary 6 - 24 years exp. (265 salaries)	₹12 L/yr - ₹35 L/yr 18% more
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (307 salaries)	₹13 L/yr - ₹38.3 L/yr 26% more
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State Bank of India Assistant Vice President Salary 3 - 12 years exp. (13 salaries)	₹6 L/yr - ₹15 L/yr 45% less
Yes Bank Assistant Vice President Salary 4 - 19 years exp. (303 salaries)	₹9 L/yr - ₹27.8 L/yr 16% less
IndusInd Bank Assistant Vice President Salary 6 - 20 years exp. (124 salaries)	₹8.3 L/yr - ₹29 L/yr 16% less
IDFC FIRST Bank Assistant Vice President Salary 9 - 19 years exp. (25 salaries)	₹15 L/yr - ₹32 L/yr 32% more
RBL Bank Assistant Vice President Salary 6 - 20 years exp. (66 salaries)	₹12.3 L/yr - ₹28 L/yr 6% less
Bandhan Bank Assistant Vice President Salary 11 - 16 years exp. (15 salaries)	₹15.5 L/yr - ₹29 L/yr 18% more
Bank of Baroda Assistant Vice President Salary 7 - 12 years exp. (12 salaries)	₹10 L/yr - ₹19 L/yr 25% less
Shinhan Bank Assistant Vice President Salary 9 - 16 years exp. (12 salaries)	₹12.5 L/yr - ₹25 L/yr 12% less
Ujjivan Small Finance Bank Assistant Vice President Salary 9 - 16 years exp. (3 salaries)	₹15 L/yr - ₹18.4 L/yr 12% less
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Utkarsh Small Finance Bank Assistant Vice President Salary 11 - 12 years exp. (3 salaries)	₹19.6 L/yr - ₹25 L/yr 6% more

Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹13 Lakhs to ₹30 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Vice President salaries in New Delhi

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹26.2 L/yr
8 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
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9 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
10 years (3 salaries)	₹17 L/yr - ₹30 L/yr
11 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
12 years (3 salaries)	₹15.3 L/yr - ₹23.4 L/yr
13 years (3 salaries)	₹13 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
15+ years (3 salaries)	₹15 L/yr - ₹34.2 L/yr

View all

From

Assistant Vice President

₹

Lakhs/yr

6 - 18 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Assistant Vice President 6 - 18 years exp.

Deputy Vice President 8 - 22 years exp.

32% hike

Vice President 12 - 21 years exp.

49% hike

Similar Designation salaries in Kotak Mahindra Bank

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₹1 L/yr - ₹3.64 L/yr

Sales Executive Salary

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₹1.95 L/yr - ₹4.5 L/yr

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₹2.2 L/yr - ₹6 L/yr

Chief Manager Salary

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₹9 L/yr - ₹29 L/yr

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₹2 L/yr - ₹7.2 L/yr

Assistant Acquisition Manager Salary

(46 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Business Analyst Salary

(15 salaries)

₹5 L/yr - ₹13.25 L/yr

Product Manager Salary

(9 salaries)

₹6 L/yr - ₹14.04 L/yr

Top skills at Kotak Mahindra Bank for Assistant Vice President

Insurance Operations Sales Promotion Back Office Operations Ca Vendor Management TDS Financial operations Risk Management Backend Operations Fixed Income KYC Claims Adjudication Digital Marketing RTGS Aml

Salary related reviews for Kotak Mahindra Bank

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

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.

Skill development - Good

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.

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

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.

Job security - Excellent

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.

Salary - Poor

+1 more

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

Job security - Good

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.

Salary - Bad

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Kotak Mahindra Bank New Delhi?

Assistant Vice President salary at Kotak Mahindra Bank in New Delhi ranges between ₹13.0 Lakhs to ₹30.0 Lakhs for experience between 7 years to 17 years. According to our estimates it is 30% less than the average Assistant Vice President Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

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

The average salary of a Assistant Vice President at Kotak Mahindra Bank is 30% less than the average salary of a Assistant Vice President in New Delhi. 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?

Insurance Operations, Sales Promotion, Back Office Operations, Ca and Vendor Management are some of the popular skills required to work as a Assistant Vice President at Kotak Mahindra Bank New Delhi.

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

IDFC FIRST Bank Assistant Vice President Salary - ₹15.0 Lakhs to ₹32.0 Lakhs per year
Axis Bank Assistant Vice President Salary - ₹13.0 Lakhs to ₹38.3 Lakhs per year
Bandhan Bank Assistant Vice President Salary - ₹15.5 Lakhs to ₹29.0 Lakhs per year
HDFC Bank Assistant Vice President Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Utkarsh Small Finance Bank Assistant Vice President Salary - ₹19.6 Lakhs to ₹25.0 Lakhs per year

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

RBL Bank Assistant Vice President Salary - ₹12.3 Lakhs to ₹28.0 Lakhs per year
Shinhan Bank Assistant Vice President Salary - ₹12.5 Lakhs to ₹25.0 Lakhs per year
Ujjivan Small Finance Bank Assistant Vice President Salary - ₹15.0 Lakhs to ₹18.4 Lakhs per year
Yes Bank Assistant Vice President Salary - ₹9.0 Lakhs to ₹27.8 Lakhs per year
IndusInd Bank Assistant Vice President Salary - ₹8.3 Lakhs to ₹29.0 Lakhs per year

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

The estimated take-home salary of a Assistant Vice President at Kotak Mahindra Bank ranges between ₹1,30,271 per month to ₹1,34,894 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Vice President salary in India which ranges between ₹13.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 7 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 New Delhi?

According to AmbitionBox, 86% of the Kotak Mahindra Bank Assistant Vice Presidents in New Delhi reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Vice President Salaries in New Delhi

Kotak Mahindra Bank Assistant Vice President salary in New Delhi ranges between ₹13 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Vice President salaries in New Delhi (Updated 2025)

Companies similar to Kotak Mahindra Bank for Assistant Vice President in New Delhi

Latest annual salaries shared by Kotak Mahindra Bank Assistant Vice President in New Delhi

Experience wise Kotak Mahindra Bank Assistant Vice President salaries in New Delhi

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

Principal Software Engineer in Bangalore / Bengaluru

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

Kotak Mahindra Bank Assistant Vice President Salary FAQs

Tell us how to improve this page.