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Kotak Mahindra Bank Associate Vice President salaries in New Delhi (Updated 2025)

Annual salary range
4 - 20 years exp.
₹11.5 Lakhs - ₹35.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Associate Vice President Salary in Banking Companies for 4 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Vice President Salary
5 - 20 years exp. (90 salaries)
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₹12 L/yr - ₹31 L/yr

Sales & Business Development
Associate Vice President Salary
5 - 19 years exp. (32 salaries)
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₹13.2 L/yr - ₹30 L/yr

Finance & Accounting
Associate Vice President Salary
5 - 17 years exp. (9 salaries)
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₹15 L/yr - ₹24 L/yr

Strategic & Top Management
Associate Vice President Salary
11 - 17 years exp. (7 salaries)
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₹15.8 L/yr - ₹24.4 L/yr

Customer Success, Service & Operations
Associate Vice President Salary
9 - 17 years exp. (6 salaries)
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₹12 L/yr - ₹17 L/yr

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Last Updated: 29 Mar 2025

Companies similar to Kotak Mahindra Bank for Associate Vice President in New Delhi

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Kotak Mahindra Bank Associate Vice President Salary

4 - 20 years exp. (194 salaries)

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₹11.5 L/yr - ₹35.6 L/yr

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Company name Avg Annual Salary Open Jobs
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IndusInd Bank Associate Vice President Salary

5 - 18 years exp. (51 salaries)

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₹10 L/yr - ₹29.7 L/yr

arrow icon 3% less
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Yes Bank Associate Vice President Salary

6 - 15 years exp. (28 salaries)

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₹11 L/yr - ₹22 L/yr

arrow icon 12% less
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HDFC Bank Associate Vice President Salary

9 - 17 years exp. (16 salaries)

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₹16 L/yr - ₹33.5 L/yr

arrow icon 29% more
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Axis Bank Associate Vice President Salary

9 - 18 years exp. (16 salaries)

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₹14.2 L/yr - ₹29 L/yr

arrow icon 29% more
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IDFC FIRST Bank Associate Vice President Salary

10 - 18 years exp. (10 salaries)

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₹14.3 L/yr - ₹40 L/yr

arrow icon 49% more
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RBL Bank Associate Vice President Salary

7 - 17 years exp. (8 salaries)

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₹11.7 L/yr - ₹20 L/yr

arrow icon 11% less
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₹13.7 L/yr - ₹17.9 L/yr

arrow icon 27% less
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Bandhan Bank Associate Vice President Salary

10 - 14 years exp. (3 salaries)

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₹12.9 L/yr - ₹22 L/yr

arrow icon 1% more
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Federal Bank Associate Vice President Salary

11 - 12 years exp. (3 salaries)

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₹25 L/yr - ₹37 L/yr

arrow icon 40% more
Associate Vice President salary at Kotak Mahindra Bank ranges between ₹11.5 Lakhs to ₹35.6 Lakhs per year for employees with experience between 4 years to 20 years. Salary estimates are based on 194 latest salaries received from various employees of Kotak Mahindra Bank.

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

1w ago
₹20 Lakhs
5 years exp.
2w ago
₹21.5 Lakhs
8 years exp.
2w ago
₹13.2 Lakhs
11 years exp.
3w ago
₹36 Lakhs
6 years exp.
3w ago
₹23 Lakhs
10 years exp.
3w ago
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19 years exp.
1mo ago
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6 years exp.
1mo ago
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9 years exp.
1mo ago
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7 years exp.
1mo ago
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7 years exp.

Experience wise Kotak Mahindra Bank Associate Vice President salaries in New Delhi

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹20.3 L/yr - ₹26 L/yr
5 years  (7 salaries)

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₹13.5 L/yr - ₹33 L/yr
6 years  (14 salaries)

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₹17 L/yr - ₹36 L/yr
7 years  (12 salaries)

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₹15 L/yr - ₹27.5 L/yr
8 years  (12 salaries)

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₹14.2 L/yr - ₹30 L/yr
View all
Kotak Mahindra Bank Associate Vice President Salary and Career Growth

From

To

Associate Vice President

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3 - 21 years exp.

Senior Vice President

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15 - 24 years exp.

Associate Vice President 3 - 21 years exp.
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Vice President 12 - 21 years exp.
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arrow icon 105% hike
    Senior Vice President 15 - 24 years exp.
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    arrow icon 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

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    ₹2 L/yr - ₹8.5 L/yr
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    Sales Executive Salary
    (142 salaries)
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    ₹1.95 L/yr - ₹4 L/yr
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    Chief Manager Salary
    (118 salaries)
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    Team Lead Salary
    (63 salaries)
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    ₹2 L/yr - ₹7.2 L/yr
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    ₹1.8 L/yr - ₹3.5 L/yr
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    ₹5 L/yr - ₹13.25 L/yr
    Product Manager Salary
    (11 salaries)
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    ₹5.6 L/yr - ₹13.7 L/yr
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    ₹1.6 L/yr - ₹2.5 L/yr

    Salary related reviews for Kotak Mahindra Bank

    2.7

    Rated by 23 employees for salary & benefits

    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

     · 

    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

    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

     · 

    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.

    • Job security - Excellent

    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.

    read more
    • Salary - Poor
    • +1 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    2.0
      •  posted on 03 Apr 2021

    1.0
     for  Salary and Benefits

    Likes

    Job security

    • Job security - Good

    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.

    read more
    • Salary - Bad
    • +3 more
    see more salary related reviews

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    Kotak Mahindra Bank Associate Vice President Salary FAQs

    What is the salary of Associate Vice President at Kotak Mahindra Bank in New Delhi?
    The average salary of a Associate Vice President at Kotak Mahindra Bank in New Delhi typically ranges from ₹11.5 Lakhs to ₹35.6 Lakhs per year, depending on experience (from 4 years to 20 years).

    The top 10% of Associate Vice President in New Delhi at Kotak Mahindra Bank earn more than ₹28.0 Lakhs per year, and the top 1% earn over ₹39.8 Lakhs per year. Associate Vice President 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 100+ Kotak Mahindra Bank employees in India.
    What is the estimated take home salary of a Associate Vice President at Kotak Mahindra Bank in New Delhi?
    The estimated take-home salary of a Associate Vice President at Kotak Mahindra Bank in New Delhi typically ranges from ₹1,31,856 to ₹1,36,681 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹35.6 Lakhs per year for employees with experience ranging from 4 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 100+ 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 in India?
    IDFC FIRST Bank ₹14.3 Lakhs to ₹40.0 Lakhs per year
    Federal Bank ₹25.0 Lakhs to ₹37.0 Lakhs per year
    HDFC Bank ₹16.0 Lakhs to ₹33.5 Lakhs per year
    Axis Bank ₹14.2 Lakhs to ₹29.0 Lakhs per year
    Bandhan Bank ₹12.9 Lakhs to ₹22.0 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 in companies similar to Kotak Mahindra Bank in New Delhi?
    The salary of a Associate Vice President at companies similar to Kotak Mahindra Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    IndusInd Bank ₹10.0 Lakhs to ₹29.7 Lakhs per year
    RBL Bank ₹11.7 Lakhs to ₹20.0 Lakhs per year
    Yes Bank ₹11.0 Lakhs to ₹22.0 Lakhs per year
    Jana Small Finance Bank ₹13.7 Lakhs to ₹17.9 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 at Kotak Mahindra Bank in New Delhi?
    The salary growth for a Associate Vice President at Kotak Mahindra Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Associate Vice President in New Delhi can expect the following growth trajectory at Kotak Mahindra Bank:

    Experience Average Salary Range
    4 years ₹20.3 Lakhs to ₹26.0 Lakhs per year
    5 years ₹13.5 Lakhs to ₹33.0 Lakhs per year
    6 years ₹17.0 Lakhs to ₹36.0 Lakhs per year
    7 years ₹15.0 Lakhs to ₹27.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Mahindra Bank Associate Vice President salary in New Delhi ranges between ₹11.5 Lakhs to ₹35.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 194 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.