Kotak Mahindra Bank Associate Vice President Salaries by 1400+ Employees (Updated 2025)

3 - 21 years exp.

₹9.7 Lakhs - ₹36 Lakhs

Salary of majority employees

37% less than the average Associate Vice President Salary in Banking Companies for 3 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 5 - 21 years exp. (441 salaries)	₹10.5 L/yr - ₹32.3 L/yr
Sales & Business Development Associate Vice President Salary 3 - 19 years exp. (135 salaries)	₹10.5 L/yr - ₹30.4 L/yr
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Finance & Accounting Associate Vice President Salary 4 - 19 years exp. (98 salaries)	₹10 L/yr - ₹31.6 L/yr
Product Management Associate Vice President Salary 3 - 20 years exp. (97 salaries)	₹10 L/yr - ₹34.3 L/yr
Customer Success, Service & Operations Associate Vice President Salary 9 - 21 years exp. (70 salaries)	₹9.7 L/yr - ₹33 L/yr

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Last Updated: 1 Feb 2025

Companies similar to Kotak Mahindra Bank for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Vice President Salary 8 - 21 years exp. (260 salaries)	₹16 L/yr - ₹46 L/yr 35% more
ICICI Bank Associate Vice President Salary 7 - 17 years exp. (22 salaries)	₹11 L/yr - ₹35 L/yr 6% more
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Axis Bank Associate Vice President Salary 7 - 20 years exp. (226 salaries)	₹11.1 L/yr - ₹40 L/yr 24% more
State Bank of India Associate Vice President Salary 2 - 14 years exp. (18 salaries)	₹10 L/yr - ₹19.8 L/yr 32% less
IndusInd Bank Associate Vice President Salary 5 - 20 years exp. (358 salaries)	₹8 L/yr - ₹28 L/yr 13% less
Yes Bank Associate Vice President Salary 6 - 15 years exp. (210 salaries)	₹10 L/yr - ₹27.5 L/yr 13% less
IDFC FIRST Bank Associate Vice President Salary 8 - 18 years exp. (97 salaries)	₹13 L/yr - ₹35 L/yr 29% more
RBL Bank Associate Vice President Salary 7 - 18 years exp. (85 salaries)	₹11 L/yr - ₹22 L/yr 14% less
Federal Bank Associate Vice President Salary 7 - 15 years exp. (73 salaries)	₹20 L/yr - ₹37 L/yr 37% more
Jana Small Finance Bank Associate Vice President Salary 10 - 21 years exp. (126 salaries)	₹7.3 L/yr - ₹21.5 L/yr 31% less

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Associate Vice President salary at Kotak Mahindra Bank ranges between ₹9.7 Lakhs to ₹36 Lakhs per year for employees with experience between 3 years to 21 years. Salary estimates are based on 1.5k latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Associate Vice President salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
3 years (9 salaries)	₹18.7 L/yr - ₹30 L/yr
4 years (17 salaries)	₹14.3 L/yr - ₹30 L/yr
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5 years (48 salaries)	₹13.5 L/yr - ₹33 L/yr
6 years (71 salaries)	₹13.9 L/yr - ₹33.5 L/yr
7 years (60 salaries)	₹12 L/yr - ₹35 L/yr
8 years (79 salaries)	₹11 L/yr - ₹34 L/yr
9 years (115 salaries)	₹10 L/yr - ₹37.5 L/yr
10 years (138 salaries)	₹10 L/yr - ₹33.4 L/yr
11 years (124 salaries)	₹10.5 L/yr - ₹36 L/yr
12 years (151 salaries)	₹10 L/yr - ₹34 L/yr
13 years (96 salaries)	₹14 L/yr - ₹35.4 L/yr
14 years (121 salaries)	₹10.3 L/yr - ₹33.4 L/yr
15+ years (423 salaries)	₹9.7 L/yr - ₹32 L/yr

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From

Associate Vice President

₹

Lakhs/yr

3 - 21 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 25 years exp.

Associate Vice President 3 - 21 years exp.

Vice President 12 - 22 years exp.

95% hike

Senior Vice President 15 - 25 years exp.

36% 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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Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 141 employees for salary & benefits

Associate Vice President in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 25 Feb 2023

4.0

for Salary and Benefits

Likes

Kotak has good work life balance. Salary benefits are also good. There is terrible on job learning and very slow decision making by management!!

Salary - Good

+3 more

Dislikes

1.Extremely slow decision making. 2. Accountability of deliverables

Skill development - Bad

+1 more

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

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Kotak Mahindra Bank?

Associate Vice President salary at Kotak Mahindra Bank in India ranges between ₹9.7 Lakhs to ₹36.0 Lakhs for experience between 3 years to 21 years. According to our estimates it is 37% less than the average Associate Vice President Salary in India. Salary estimates are based on 1.5k latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Associate Vice President at Kotak Mahindra Bank is 37% less than the average salary of a Associate Vice President in India. To know exact salary insights, login to view.

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

Paytm Payments Bank Associate Vice President Salary - ₹37.0 Lakhs to ₹111.0 Lakhs per year
Barclays Investment Bank Associate Vice President Salary - ₹16.5 Lakhs to ₹40.0 Lakhs per year
Chase Bank Associate Vice President Salary - ₹24.0 Lakhs to ₹38.0 Lakhs per year
City Union Bank Associate Vice President Salary - ₹23.0 Lakhs to ₹40.0 Lakhs per year
Federal Bank Associate Vice President Salary - ₹20.0 Lakhs to ₹37.0 Lakhs per year

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

HSBC Global Banking and Markets Associate Vice President Salary - ₹16.5 Lakhs to ₹40.0 Lakhs per year
HDFC Bank Associate Vice President Salary - ₹16.0 Lakhs to ₹46.0 Lakhs per year
IDFC FIRST Bank Associate Vice President Salary - ₹13.0 Lakhs to ₹35.0 Lakhs per year
Axis Bank Associate Vice President Salary - ₹11.1 Lakhs to ₹40.0 Lakhs per year
Baroda Global Shared Services Associate Vice President Salary - ₹22.3 Lakhs to ₹31.4 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at Kotak Mahindra Bank ranges between ₹1,33,970 per month to ₹1,38,891 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Vice President salary in India which ranges between ₹9.7 Lakhs to ₹36.0 Lakhs per year for employees with experience between 3 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Associate Vice President at Kotak Mahindra Bank?

According to AmbitionBox, 84% of the Kotak Mahindra Bank Associate Vice Presidents reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.2k responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Vice President Salaries

Kotak Mahindra Bank Associate Vice President salary in India ranges between ₹9.7 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 1.5k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Associate Vice President salaries in India

Companies similar to Kotak Mahindra Bank for Associate Vice President

Latest annual salaries shared by Kotak Mahindra Bank Associate Vice President

Experience wise Kotak Mahindra Bank Associate Vice President salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Mumbai

Principal Software Engineer in Bangalore / Bengaluru

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

Deputy Vice President in Indore

Kotak Mahindra Bank Associate Vice President Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Associate Vice President Salaries by Location