Kotak Mahindra Bank Chennai Associate Vice President Salaries by 40+ Employees (Updated 2025)

6 - 20 years exp.

₹12 Lakhs - ₹29.8 Lakhs

Salary of majority employees

40% less than the average Associate Vice President Salary in Banking Companies for 6 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 7 - 19 years exp. (16 salaries)	₹12 L/yr - ₹24 L/yr
Sales & Business Development Associate Vice President Salary 6 - 15 years exp. (6 salaries)	₹14 L/yr - ₹29.3 L/yr
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Risk Management & Compliance Associate Vice President Salary 8 - 15 years exp. (4 salaries)	₹14 L/yr - ₹18 L/yr
Legal & Regulatory Associate Vice President Salary 11 - 20 years exp. (3 salaries)	₹16 L/yr - ₹19 L/yr
Customer Success, Service & Operations Associate Vice President Salary 12 - 18 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹21.8 L/yr

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Last Updated: 9 Jan 2025

Companies similar to Kotak Mahindra Bank for Associate Vice President in Chennai

Kotak Mahindra Bank Associate Vice President Salary

6 - 20 years exp. (48 salaries)

₹12 L/yr - ₹29.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Vice President Salary 8 - 21 years exp. (11 salaries)	₹14.5 L/yr - ₹32 L/yr 47% more
Axis Bank Associate Vice President Salary 10 - 16 years exp. (4 salaries)	₹23 L/yr - ₹30 L/yr 45% more
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IndusInd Bank Associate Vice President Salary 8 - 20 years exp. (28 salaries)	₹8.5 L/yr - ₹26 L/yr 5% less
Yes Bank Associate Vice President Salary 9 - 11 years exp. (4 salaries)	₹15.8 L/yr - ₹20 L/yr 1% more
IDFC FIRST Bank Associate Vice President Salary 9 - 18 years exp. (13 salaries)	₹13 L/yr - ₹27 L/yr 45% more
RBL Bank Associate Vice President Salary 11 - 18 years exp. (4 salaries)	₹16 L/yr - ₹18.7 L/yr 1% more
Federal Bank Associate Vice President Salary 12 - 15 years exp. (3 salaries)	₹20 L/yr - ₹27.9 L/yr 54% more
Jana Small Finance Bank Associate Vice President Salary 13 - 20 years exp. (12 salaries)	₹8 L/yr - ₹15.8 L/yr 27% less
Shinhan Bank Associate Vice President Salary 15 - 17 years exp. (5 salaries)	₹17.6 L/yr - ₹22 L/yr 17% more

Associate Vice President salary at Kotak Mahindra Bank ranges between ₹12 Lakhs to ₹29.8 Lakhs per year for employees with experience between 6 years to 20 years. Salary estimates are based on 48 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Associate Vice President salaries in Chennai

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹14 L/yr - ₹33.5 L/yr
7 years (3 salaries)	₹15.5 L/yr - ₹24 L/yr
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8 years (3 salaries)	₹14 L/yr - ₹19.9 L/yr
9 years (3 salaries)	₹17 L/yr - ₹32.5 L/yr
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹32.1 L/yr
11 years (6 salaries)	₹12 L/yr - ₹20 L/yr
12 years (4 salaries)	₹14 L/yr - ₹23.5 L/yr
13 years (3 salaries)	₹6.9 L/yr - ₹27 L/yr
14 years (3 salaries)	₹16 L/yr - ₹20 L/yr
15+ years (19 salaries)	₹12.3 L/yr - ₹26.5 L/yr

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From

Associate Vice President

₹

Lakhs/yr

3 - 20 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 25 years exp.

Associate Vice President 3 - 20 years exp.

Vice President 12 - 21 years exp.

97% hike

Senior Vice President 15 - 25 years exp.

33% 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.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(659 salaries)

₹1.8 L/yr - ₹8 L/yr

Junior Associate Salary

(101 salaries)

₹1.05 L/yr - ₹4 L/yr

Assistant Acquisition Manager Salary

(55 salaries)

₹2 L/yr - ₹3.75 L/yr

Sales Executive Salary

(49 salaries)

₹1.2 L/yr - ₹4 L/yr

Chief Manager Salary

(26 salaries)

₹9.1 L/yr - ₹19 L/yr

Team Lead Salary

(17 salaries)

₹2 L/yr - ₹6.75 L/yr

Operations Manager Salary

(5 salaries)

₹4.5 L/yr - ₹6.7 L/yr

Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 7 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!!

Dislikes

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

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

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.

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.

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

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.

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

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Associate Vice President Salary FAQs

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

Associate Vice President salary at Kotak Mahindra Bank in Chennai ranges between ₹12.0 Lakhs to ₹29.8 Lakhs for experience between 6 years to 20 years. According to our estimates it is 40% less than the average Associate Vice President Salary in India. Salary estimates are based on 48 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

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

The average salary of a Associate Vice President at Kotak Mahindra Bank is 40% less than the average salary of a Associate Vice President in Chennai. To know exact salary insights, login to view.

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

Federal Bank Associate Vice President Salary - ₹20.0 Lakhs to ₹27.9 Lakhs per year
HDFC Bank Associate Vice President Salary - ₹14.5 Lakhs to ₹32.0 Lakhs per year
Axis Bank Associate Vice President Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year
IDFC FIRST Bank Associate Vice President Salary - ₹13.0 Lakhs to ₹27.0 Lakhs per year
Shinhan Bank Associate Vice President Salary - ₹17.6 Lakhs to ₹22.0 Lakhs per year

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

Yes Bank Associate Vice President Salary - ₹15.8 Lakhs to ₹20.0 Lakhs per year
RBL Bank Associate Vice President Salary - ₹16.0 Lakhs to ₹18.7 Lakhs per year
IndusInd Bank Associate Vice President Salary - ₹8.5 Lakhs to ₹26.0 Lakhs per year
Jana Small Finance Bank Associate Vice President Salary - ₹8.0 Lakhs to ₹15.8 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at Kotak Mahindra Bank ranges between ₹1,18,518 per month to ₹1,21,838 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Vice President salary in India which ranges between ₹12.0 Lakhs to ₹29.8 Lakhs per year for employees with experience between 6 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 94% of the Kotak Mahindra Bank Associate Vice Presidents in Chennai reported a notice period of 3 Months, 3% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Vice President Salaries in Chennai

Kotak Mahindra Bank Associate Vice President salary in Chennai ranges between ₹12 Lakhs to ₹29.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Associate Vice President salaries in Chennai

Companies similar to Kotak Mahindra Bank for Associate Vice President in Chennai

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

Experience wise Kotak Mahindra Bank Associate Vice President salaries in Chennai

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

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