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Kotak Mahindra Bank Associate Vice President IT salaries in India

Annual salary range
12 - 16 years exp.
₹20 Lakhs - ₹41 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Associate Vice President IT Salary in Banking Companies for 12 - 16 years of experience

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Salaries in different departments

Project & Program Management
Associate Vice President IT Salary
14 - 16 years exp. (4 salaries)
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₹25 L/yr - ₹41 L/yr

IT & Information Security
Associate Vice President IT Salary
13 - 15 years exp. (AmbitionBox Estimate)
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₹21 L/yr - ₹28.9 L/yr

Last Updated: 16 Jul 2023

Companies similar to Kotak Mahindra Bank for Associate Vice President IT

Company name Avg Annual Salary Open Jobs
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HDFC Bank Associate Vice President IT Salary

8 - 25 years exp. (4 salaries)

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₹19 L/yr - ₹30 L/yr

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RBL Bank Associate Vice President IT Salary

14 - 19 years exp. (5 salaries)

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₹20 L/yr - ₹25.9 L/yr

arrow icon 17% less
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₹28.8 L/yr - ₹36 L/yr

arrow icon 17% more
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₹20 L/yr - ₹22 L/yr

arrow icon 22% less
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₹23 L/yr - ₹30 L/yr

arrow icon 1% less
Associate Vice President IT salary at Kotak Mahindra Bank ranges between ₹20 Lakhs to ₹41 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Associate Vice President IT

1y ago
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16 years exp.
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15 years exp.
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14 years exp.
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15 years exp.
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13 years exp.
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14 years exp.

Experience wise Kotak Mahindra Bank Associate Vice President IT salaries

Last Updated: 16 Jul 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹20 L/yr - ₹45.3 L/yr
13 years (AmbitionBox Estimate)

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₹21 L/yr - ₹46.3 L/yr
14 years (AmbitionBox Estimate)

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₹25 L/yr - ₹30 L/yr
15+ years  (3 salaries)

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₹24 L/yr - ₹41 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹11.29 L/yr - ₹35.12 L/yr
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₹30.15 L/yr - ₹55 L/yr
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₹2.4 L/yr - ₹3 L/yr
Associate Project Manager Salary
(AmbitionBox Estimate)
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₹17.4 L/yr - ₹22.2 L/yr
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₹3 L/yr - ₹9.2 L/yr
Business Analyst Salary
(309 salaries)
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₹4.62 L/yr - ₹18.71 L/yr
Engineering Manager Salary
(AmbitionBox Estimate)
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₹51.8 L/yr - ₹57.2 L/yr
Technical Lead Salary
(8 salaries)
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₹20.2 L/yr - ₹64 L/yr
Project Manager Salary
(63 salaries)
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₹6.23 L/yr - ₹24.06 L/yr
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₹8.5 L/yr - ₹20.5 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

read more
  • Salary - Bad

Product Management Department

3.0
  •  posted on 29 Aug 2018

2.0
 for  Salary and Benefits

Likes

Learning is there but majorly it depends on your profile and team. Salary is below industry average and apparaisals again same as overall Banking Industry standard.

read more

Dislikes

...lance should be there if you want efficiency and productivity from the employee.Salary again is a low as compared to the profile and KRA given to any employee. Appraisals and not much to talk about.

read more
  • Salary - Poor
    +2 more

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.

read more

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

read more
  • Salary - Poor
    +4 more

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

read more
  • 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

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  • Job security - Bad
    +2 more
see more salary related reviews

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Kotak Mahindra Bank Associate Vice President IT Salary FAQs

What is the salary of Associate Vice President IT at Kotak Mahindra Bank?
Associate Vice President IT salary at Kotak Mahindra Bank in India ranges between ₹20.0 Lakhs to ₹41.0 Lakhs for experience between 12 years to 16 years. According to our estimates it is 2% less than the average Associate Vice President IT Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Associate Vice President IT at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Associate Vice President IT at Kotak Mahindra Bank is 2% less than the average salary of a Associate Vice President IT 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 IT in India?
  • Bajaj Allianz Life Insurance Associate Vice President IT Salary - ₹28.8 Lakhs to ₹36.0 Lakhs per year
What is the salary of a Associate Vice President IT in companies similar to Kotak Mahindra Bank in India?
  • Aviva Life Insurance India Associate Vice President IT Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year
  • HDFC Bank Associate Vice President IT Salary - ₹19.0 Lakhs to ₹30.0 Lakhs per year
  • RBL Bank Associate Vice President IT Salary - ₹20.0 Lakhs to ₹25.9 Lakhs per year
  • Kotak Securities Associate Vice President IT Salary - ₹20.0 Lakhs to ₹22.0 Lakhs per year
What is the estimated take home salary of a Associate Vice President IT at Kotak Mahindra Bank in India?
The estimated take-home salary of a Associate Vice President IT at Kotak Mahindra Bank ranges between ₹1,71,326 per month to ₹1,77,935 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Vice President IT salary in India which ranges between ₹20.0 Lakhs to ₹41.0 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Associate Vice President IT at Kotak Mahindra Bank?
According to AmbitionBox, 50% of the Kotak Mahindra Bank Associate Vice President ITs reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Vice President IT salary in India ranges between ₹20 Lakhs to ₹41 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.