Kotak Mahindra Bank New Delhi Assistant Vice President Salaries by 10+ Employees (Updated 2024)

7 - 17 years exp.

₹15 Lakhs - ₹30 Lakhs

Salary of majority employees

26% less than the average Assistant Vice President Salary in Banking Companies for 7 - 17 years of experience

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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 - ₹20.5 L/yr

Last Updated: 2 Oct 2024

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

Kotak Mahindra Bank Assistant Vice President Salary

7 - 17 years exp. (11 salaries)

₹15 L/yr - ₹30 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President Salary 7 - 23 years exp. (249 salaries)	₹12 L/yr - ₹35 L/yr 15% more
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (301 salaries)	₹11.9 L/yr - ₹36.2 L/yr 21% 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. (307 salaries)	₹9 L/yr - ₹27.8 L/yr 16% less
IndusInd Bank Assistant Vice President Salary 6 - 20 years exp. (125 salaries)	₹7.8 L/yr - ₹27 L/yr 22% less
IDFC FIRST Bank Assistant Vice President Salary 9 - 19 years exp. (25 salaries)	₹15 L/yr - ₹38 L/yr 45% more
RBL Bank Assistant Vice President Salary 8 - 20 years exp. (53 salaries)	₹11 L/yr - ₹26 L/yr 13% less
Barclays Assistant Vice President Salary 4 - 18 years exp. (174 salaries)	₹16 L/yr - ₹43 L/yr 50% more
Bank of America Assistant Vice President Salary 10 - 20 years exp. (66 salaries)	₹23 L/yr - ₹59 L/yr 97% more
NatWest Group Assistant Vice President Salary 10 - 19 years exp. (39 salaries)	₹15 L/yr - ₹39 L/yr 29% more
Bank of Baroda Assistant Vice President Salary 7 - 14 years exp. (14 salaries)	₹10 L/yr - ₹19 L/yr 30% less
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Bandhan Bank Assistant Vice President Salary 11 - 16 years exp. (12 salaries)	₹15.5 L/yr - ₹25 L/yr 9% more
Shinhan Bank Assistant Vice President Salary 9 - 16 years exp. (12 salaries)	₹12.5 L/yr - ₹25 L/yr 14% less
Utkarsh Small Finance Bank Assistant Vice President Salary 11 - 12 years exp. (4 salaries)	₹24.1 L/yr - ₹31.5 L/yr 19% more

Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹15 Lakhs to ₹30 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 11 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 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹26.2 L/yr
8 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹24 L/yr
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9 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹23.8 L/yr
10 years (3 salaries)	₹17 L/yr - ₹30 L/yr
11 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
12 years (3 salaries)	₹15.3 L/yr - ₹23.4 L/yr
13 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹36.2 L/yr
14 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
15+ years (3 salaries)	₹15 L/yr - ₹35.4 L/yr

View all

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

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8 L/yr

Associate Vice President Salary

(188 salaries)

₹11.47 L/yr - ₹33.37 L/yr

Sales Executive Salary

(143 salaries)

₹1.2 L/yr - ₹4 L/yr

Junior Associate Salary

(143 salaries)

₹1 L/yr - ₹3.64 L/yr

Chief Manager Salary

(140 salaries)

₹9 L/yr - ₹29 L/yr

Relationship Officer Salary

(130 salaries)

₹2.3 L/yr - ₹6 L/yr

Team Lead Salary

(61 salaries)

₹2 L/yr - ₹7.2 L/yr

Assistant Acquisition Manager Salary

(48 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Business Analyst Salary

(14 salaries)

₹5 L/yr - ₹14.42 L/yr

Product Manager Salary

(8 salaries)

₹7 L/yr - ₹13.77 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

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.

Cluster Head in Shivamogga

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

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

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 New Delhi?

Assistant Vice President salary at Kotak Mahindra Bank in New Delhi ranges between ₹15.0 Lakhs to ₹30.0 Lakhs for experience between 7 years to 17 years. According to our estimates it is 26% less than the average Assistant Vice President Salary in India. Salary estimates are based on 11 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 26% 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?

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 New Delhi.

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

Bank of America Assistant Vice President Salary - ₹23.0 Lakhs to ₹59.0 Lakhs per year
Barclays Assistant Vice President Salary - ₹16.0 Lakhs to ₹43.0 Lakhs per year
IDFC FIRST Bank Assistant Vice President Salary - ₹15.0 Lakhs to ₹38.0 Lakhs per year
NatWest Group Assistant Vice President Salary - ₹15.0 Lakhs to ₹39.0 Lakhs per year
Axis Bank Assistant Vice President Salary - ₹11.9 Lakhs to ₹36.2 Lakhs per year

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

Utkarsh Small Finance Bank Assistant Vice President Salary - ₹24.1 Lakhs to ₹31.5 Lakhs per year
HDFC Bank Assistant Vice President Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Bandhan Bank Assistant Vice President Salary - ₹15.5 Lakhs to ₹25.0 Lakhs per year
RBL Bank Assistant Vice President Salary - ₹11.0 Lakhs to ₹26.0 Lakhs per year
Shinhan Bank Assistant Vice President Salary - ₹12.5 Lakhs to ₹25.0 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 ₹1,33,222 per month to ₹1,38,109 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 ₹15.0 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, 85% 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 13 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 ₹15 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Vice President salaries in New Delhi

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

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

Cluster Head in Shivamogga

Kotak Mahindra Bank Assistant Vice President Salary FAQs

Tell us how to improve this page.