Kotak Mahindra Bank Bangalore / Bengaluru Associate Vice President Operations Salaries by 6 Employees

11 - 20 years exp.

₹18 Lakhs - ₹25 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

25% less than the average Associate Vice President Operations Salary in Banking Companies for 11 - 20 years of experience

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Last Updated: 14 Nov 2024

Companies similar to Kotak Mahindra Bank for Associate Vice President Operations in Bangalore / Bengaluru

Kotak Mahindra Bank Associate Vice President Operations Salary

11 - 20 years exp. (6 salaries)

₹18 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Vice President Operations Salary 11 - 20 years exp. (16 salaries)	₹19.5 L/yr - ₹34.5 L/yr 26% more
Tracxn Associate Vice President Operations Salary 7 - 18 years exp. (8 salaries)	₹8 L/yr - ₹15 L/yr 35% less
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Accenture Associate Vice President Operations Salary 15 - 19 years exp. (6 salaries)	₹20.5 L/yr - ₹45 L/yr 38% more
Innoviti Technologies Private Limited Associate Vice President Operations Salary 15 - 18 years exp. (5 salaries)	₹18 L/yr - ₹25 L/yr 6% more
Deutsche Bank Associate Vice President Operations Salary 10 - 16 years exp. (5 salaries)	₹23.4 L/yr - ₹28 L/yr 28% more

Associate Vice President Operations salary at Kotak Mahindra Bank ranges between ₹18 Lakhs to ₹25 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Associate Vice President Operations salaries in Bangalore / Bengaluru

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
12 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
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13 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.6 L/yr
14 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
15+ years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Associate Vice President Salary

(122 salaries)

₹10.82 L/yr - ₹35.64 L/yr

Assistant Vice President Salary

(31 salaries)

₹12 L/yr - ₹33 L/yr

Operations Executive Salary

(10 salaries)

₹2 L/yr - ₹3.8 L/yr

Senior Vice President Salary

(8 salaries)

₹34 L/yr - ₹60 L/yr

Senior Operations Manager Salary

(4 salaries)

₹6.5 L/yr - ₹15.25 L/yr

Head Operations Salary

(3 salaries)

₹4 L/yr - ₹12 L/yr

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 more

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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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 Associate Vice President Operations Salary FAQs

What is the salary of Associate Vice President Operations at Kotak Mahindra Bank in Bangalore / Bengaluru?

The average salary of a Associate Vice President Operations at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹18.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Associate Vice President Operations in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹24.9 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Associate Vice President Operations 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 6 Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Associate Vice President Operations at Kotak Mahindra Bank in Bangalore / Bengaluru?

The estimated take-home salary of a Associate Vice President Operations at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹1,35,312 to ₹1,40,294 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 11 years to 20 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 6 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Accenture	₹20.5 Lakhs to ₹45.0 Lakhs per year
Deutsche Bank	₹23.4 Lakhs to ₹28.0 Lakhs per year
JPMorgan Chase & Co.	₹19.5 Lakhs to ₹34.5 Lakhs per year
Innoviti Technologies Private Limited	₹18.0 Lakhs to ₹25.0 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 Associate Vice President Operations in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?

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

Tracxn

₹8.0 Lakhs to ₹15.0 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 Associate Vice President Operations at Kotak Mahindra Bank in Bangalore / Bengaluru?

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

Experience	Average Salary Range
11 years	₹17.1 Lakhs to ₹21.9 Lakhs per year
12 years	₹17.4 Lakhs to ₹22.2 Lakhs per year
13 years	₹17.7 Lakhs to ₹22.6 Lakhs per year
14 years	₹17.9 Lakhs to ₹22.9 Lakhs per year

and so on.

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Kotak Mahindra Bank Associate Vice President Operations Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Associate Vice President Operations salary in Bangalore / Bengaluru ranges between ₹18 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Associate Vice President Operations salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Associate Vice President Operations in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Associate Vice President Operations in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Associate Vice President Operations salaries in Bangalore / Bengaluru

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

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Kotak Mahindra Bank Associate Vice President Operations Salary FAQs

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