Kotak Mahindra Bank Mumbai Associate Vice President IT Salaries by 7 Employees (Updated 2025)

12 - 16 years exp.

₹20 Lakhs - ₹41 Lakhs

Salary of majority employees

5% more than 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)	₹25 L/yr - ₹41 L/yr
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IT & Information Security Associate Vice President IT Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹31.1 L/yr

Last Updated: 16 Jul 2023

Companies similar to Kotak Mahindra Bank for Associate Vice President IT in Mumbai

Kotak Mahindra Bank Associate Vice President IT Salary

12 - 16 years exp. (7 salaries)

₹20 L/yr - ₹41 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Vice President IT Salary 11 - 25 years exp. (3 salaries)	₹19 L/yr - ₹25 L/yr 25% less
Bajaj Allianz Life Insurance Associate Vice President IT Salary 12 - 20 years exp. (6 salaries)	₹28.8 L/yr - ₹36 L/yr 10% more
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Kotak Securities Associate Vice President IT Salary 11 - 16 years exp. (5 salaries)	₹20 L/yr - ₹22 L/yr 27% less
Unichem Laboratories Associate Vice President IT Salary 23 - 27 years exp. (4 salaries)	₹1 Cr/yr - ₹1.2 Cr/yr 279% more
Lodha Group Associate Vice President IT Salary 23 - 26 years exp. (4 salaries)	₹32 L/yr - ₹40 L/yr 28% more

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.

Experience wise Kotak Mahindra Bank Associate Vice President IT salaries in Mumbai

Last Updated: 16 Jul 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹20 L/yr - ₹49.3 L/yr
13 years (AmbitionBox Estimate)	₹21 L/yr - ₹50.3 L/yr
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14 years (AmbitionBox Estimate)	₹25 L/yr - ₹30 L/yr
15+ years (3 salaries)	₹24 L/yr - ₹41 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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Assistant Vice President Salary

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Project Manager Salary

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Associate Director Salary

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Technical Lead Salary

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₹33.49 L/yr - ₹34.27 L/yr

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

Product Manager in Mumbai

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.

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.

Salary - Poor

+2 more

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

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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2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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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 Mumbai?

Associate Vice President IT salary at Kotak Mahindra Bank in Mumbai ranges between ₹20.0 Lakhs to ₹41.0 Lakhs for experience between 12 years to 16 years. According to our estimates it is 5% more 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 Mumbai.

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

The average salary of a Associate Vice President IT at Kotak Mahindra Bank is 5% more than the average salary of a Associate Vice President IT in Mumbai. 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 Mumbai?

Unichem Laboratories Associate Vice President IT Salary - ₹101.0 Lakhs to ₹123.0 Lakhs per year
Lodha Group Associate Vice President IT Salary - ₹32.0 Lakhs to ₹40.0 Lakhs per year
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 Mumbai?

HDFC Bank Associate Vice President IT Salary - ₹19.0 Lakhs to ₹25.0 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 Mumbai?

The estimated take-home salary of a Associate Vice President IT at Kotak Mahindra Bank ranges between ₹1,83,079 per month to ₹1,90,220 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 67% of the Kotak Mahindra Bank Associate Vice President ITs in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Vice President IT Salaries in Mumbai

Kotak Mahindra Bank Associate Vice President IT salary in Mumbai ranges between ₹20 Lakhs to ₹41 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.

Kotak Mahindra Bank Associate Vice President IT salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Associate Vice President IT in Mumbai

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

Experience wise Kotak Mahindra Bank Associate Vice President IT salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

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Kotak Mahindra Bank Associate Vice President IT Salary FAQs

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