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Kotak Mahindra Bank Associate Vice President Technology salaries in India (Updated 2025)

Annual salary range
10 - 18 years exp.
₹26.5 Lakhs - ₹40 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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Fixed (93%)
₹29.7 Lakhs
Variable (7%)
₹2.2 Lakhs
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16% less than the average Associate Vice President Technology Salary in Banking Companies for 10 - 18 years of experience

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Salaries in different departments

Project & Program Management
Associate Vice President Technology Salary
13 - 18 years exp. (3 salaries)
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₹26.5 L/yr - ₹29.5 L/yr

Engineering - Software & QA
Associate Vice President Technology Salary
10 years exp. (AmbitionBox Estimate)
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₹36 L/yr - ₹44 L/yr

Last Updated: 8 Mar 2025

Companies similar to Kotak Mahindra Bank for Associate Vice President Technology

Company name Avg Annual Salary Open Jobs
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₹20 L/yr - ₹46 L/yr

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₹38 L/yr - ₹44 L/yr

arrow icon 30% more
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₹14 L/yr - ₹43 L/yr

arrow icon 22% less
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₹40 L/yr - ₹43 L/yr

arrow icon 31% more
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₹26 L/yr - ₹32 L/yr

arrow icon 11% less
Associate Vice President Technology salary at Kotak Mahindra Bank ranges between ₹26.5 Lakhs to ₹40 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

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

3d ago
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18 years exp.
6mo ago
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17 years exp.
1y ago
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10 years exp.
1y ago
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13 years exp.

Experience wise Kotak Mahindra Bank Associate Vice President Technology salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹14.4 L/yr - ₹40 L/yr
11 years (AmbitionBox Estimate)

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₹31.5 L/yr - ₹40.3 L/yr
12 years (AmbitionBox Estimate)

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₹30.6 L/yr - ₹39.1 L/yr
13 years (AmbitionBox Estimate)

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₹26.5 L/yr - ₹59.3 L/yr
14 years (AmbitionBox Estimate)

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₹28.7 L/yr - ₹36.7 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹39 L/yr - ₹49 L/yr
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₹8.25 L/yr - ₹35 L/yr
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₹11.29 L/yr - ₹34 L/yr
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₹30 L/yr - ₹80 L/yr
Vice President Engineering Salary
(AmbitionBox Estimate)
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₹74.1 L/yr - ₹81.9 L/yr
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₹30.15 L/yr - ₹55 L/yr
Engineering Manager Salary
(AmbitionBox Estimate)
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₹51.8 L/yr - ₹57.2 L/yr
Principal Architect Salary
(AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr
Senior Engineering Manager Salary
(AmbitionBox Estimate)
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₹66.5 L/yr - ₹73.5 L/yr
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₹10.69 L/yr - ₹20.9 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

read more
  • Work satisfaction - Poor
  • +2 more

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

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!!

read more
  • Salary - Good
  • +3 more

Dislikes

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

  • Skill development - Bad
  • +1 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
see more salary related reviews

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Kotak Mahindra Bank Associate Vice President Technology Salary FAQs

What is the salary of Associate Vice President Technology at Kotak Mahindra Bank ?
The average salary of a Associate Vice President Technology at Kotak Mahindra Bank in India typically ranges from ₹26.5 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Associate Vice President Technology at Kotak Mahindra Bank earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Associate Vice President Technology 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 4 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Associate Vice President Technology at Kotak Mahindra Bank in India?
The estimated take-home salary of a Associate Vice President Technology at Kotak Mahindra Bank in India typically ranges from ₹1,95,179 to ₹2,02,868 per month. This is based on the average salary range of ₹26.5 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 10 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 4 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 Technology in India?
Spice Money ₹40.0 Lakhs to ₹43.0 Lakhs per year
Broadridge Financial Solutions ₹38.0 Lakhs to ₹44.0 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 Technology in companies similar to Kotak Mahindra Bank in India?
The salary of a Associate Vice President Technology at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co. ₹20.0 Lakhs to ₹46.0 Lakhs per year
NatWest Group ₹26.0 Lakhs to ₹32.0 Lakhs per year
Northern Arc Capital ₹14.0 Lakhs to ₹43.0 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 Technology at Kotak Mahindra Bank in India?
The salary growth for a Associate Vice President Technology at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Associate Vice President Technology can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
10 years ₹14.4 Lakhs to ₹40.0 Lakhs per year
11 years ₹31.5 Lakhs to ₹40.3 Lakhs per year
12 years ₹30.6 Lakhs to ₹39.1 Lakhs per year
13 years ₹26.5 Lakhs to ₹59.3 Lakhs per year
and so on.

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Kotak Mahindra Bank Associate Vice President Technology salary in India ranges between ₹26.5 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.