Kotak Mahindra Bank Pune Assistant Vice President Salaries by 7 Employees

6 - 18 years exp.

₹9 Lakhs - ₹28 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Assistant Vice President Salary in Banking Companies for 6 - 18 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 11 - 18 years exp. (3 salaries)	₹18.6 L/yr - ₹26 L/yr
Customer Success, Service & Operations Assistant Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹14.6 L/yr - ₹23.3 L/yr
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Sales & Business Development Assistant Vice President Salary 15 years exp. (AmbitionBox Estimate)	₹19.7 L/yr - ₹28 L/yr

Last Updated: 3 Jun 2024

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

Kotak Mahindra Bank Assistant Vice President Salary

6 - 18 years exp. (7 salaries)

₹9 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Vice President Salary 7 - 23 years exp. (119 salaries)	₹10.8 L/yr - ₹40 L/yr 19% more
HDFC Bank Assistant Vice President Salary 6 - 21 years exp. (95 salaries)	₹13 L/yr - ₹35 L/yr 16% more
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Yes Bank Assistant Vice President Salary 4 - 20 years exp. (67 salaries)	₹10 L/yr - ₹26.6 L/yr 20% less	1 job opening
Barclays Investment Bank Assistant Vice President Salary 6 - 12 years exp. (21 salaries)	₹19 L/yr - ₹40 L/yr 43% more
IndusInd Bank Assistant Vice President Salary 7 - 16 years exp. (17 salaries)	₹7.5 L/yr - ₹20 L/yr 22% less
Bandhan Bank Assistant Vice President Salary 11 - 18 years exp. (11 salaries)	₹13.1 L/yr - ₹23 L/yr 9% less
IDFC FIRST Bank Assistant Vice President Salary 10 - 17 years exp. (11 salaries)	₹17 L/yr - ₹50 L/yr 44% more
Shinhan Bank Assistant Vice President Salary 10 - 14 years exp. (4 salaries)	₹16.1 L/yr - ₹22 L/yr 19% less

Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹9 Lakhs to ₹28 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Vice President salaries in Pune

Last Updated: 3 Jun 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.4 L/yr
7 years (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.6 L/yr
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8 years (AmbitionBox Estimate)	₹20.2 L/yr - ₹25.8 L/yr
9 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.1 L/yr
10 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr
11 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr
12 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
13 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
14 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
15+ years (3 salaries)	₹14.6 L/yr - ₹28 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 - 23 years exp.

30% hike

Vice President

12 - 21 years exp.

53% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹5.45 L/yr - ₹16.44 L/yr

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₹2.5 L/yr - ₹6 L/yr

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(50 salaries)

₹1.05 L/yr - ₹4 L/yr

Chief Manager Salary

(39 salaries)

₹11 L/yr - ₹23.5 L/yr

Product Manager Salary

(17 salaries)

₹6.41 L/yr - ₹26.4 L/yr

Team Lead Salary

(16 salaries)

₹2 L/yr - ₹6.5 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

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Kotak Mahindra Bank in Pune?

The average salary of a Assistant Vice President at Kotak Mahindra Bank in Pune typically ranges from ₹9.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Assistant Vice President in Pune at Kotak Mahindra Bank earn more than ₹27.6 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Assistant Vice President Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Assistant Vice President at Kotak Mahindra Bank in Pune typically ranges from ₹1,37,213 to ₹1,42,280 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 6 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Vice President at Kotak Mahindra Bank in Pune?

To be a Assistant Vice President at Kotak Mahindra Bank in Pune, the key skills required include:

- Insurance Operations
- Sales Promotion
- Back Office Operations
- Ca
- Vendor Management

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Assistant Vice President in India?

IDFC FIRST Bank	₹17.0 Lakhs to ₹50.0 Lakhs per year
Barclays Investment Bank	₹19.0 Lakhs to ₹40.0 Lakhs per year
Axis Bank	₹10.8 Lakhs to ₹40.0 Lakhs per year
HDFC Bank	₹13.0 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Assistant Vice President at companies similar to Kotak Mahindra Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bandhan Bank	₹13.1 Lakhs to ₹23.0 Lakhs per year
Shinhan Bank	₹16.1 Lakhs to ₹22.0 Lakhs per year
Yes Bank	₹10.0 Lakhs to ₹26.6 Lakhs per year
IndusInd Bank	₹7.5 Lakhs to ₹20.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Vice President at Kotak Mahindra Bank in Pune?

The salary growth for a Assistant Vice President at Kotak Mahindra Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President in Pune can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
6 years	₹21.5 Lakhs to ₹27.4 Lakhs per year
7 years	₹20.8 Lakhs to ₹26.6 Lakhs per year
8 years	₹20.2 Lakhs to ₹25.8 Lakhs per year
9 years	₹19.7 Lakhs to ₹25.1 Lakhs per year

and so on.

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Kotak Mahindra Bank Assistant Vice President Salaries in Pune

Kotak Mahindra Bank Assistant Vice President salary in Pune ranges between ₹9 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.