Kotak Mahindra Bank New Delhi Associate Vice President Salaries by 100+ Employees (Updated 2025)

4 - 20 years exp.

₹11.5 Lakhs - ₹34.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% 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)	₹12 L/yr - ₹30.6 L/yr
Sales & Business Development Associate Vice President Salary 5 - 19 years exp. (32 salaries)	₹13.2 L/yr - ₹30 L/yr
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Finance & Accounting Associate Vice President Salary 5 - 17 years exp. (8 salaries)	₹15 L/yr - ₹22.5 L/yr
Strategic & Top Management Associate Vice President Salary 11 - 17 years exp. (7 salaries)	₹15.8 L/yr - ₹24.4 L/yr
Customer Success, Service & Operations Associate Vice President Salary 9 - 17 years exp. (6 salaries)	₹12 L/yr - ₹20.6 L/yr

View all

Last Updated: 9 Apr 2025

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

Kotak Mahindra Bank Associate Vice President Salary

4 - 20 years exp. (194 salaries)

₹11.5 L/yr - ₹34.4 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Associate Vice President Salary 5 - 18 years exp. (49 salaries)	₹10 L/yr - ₹29.7 L/yr 2% less
Yes Bank Associate Vice President Salary 6 - 15 years exp. (29 salaries)	₹11 L/yr - ₹22 L/yr 9% less
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Axis Bank Associate Vice President Salary 9 - 18 years exp. (16 salaries)	₹14.2 L/yr - ₹29 L/yr 27% more
HDFC Bank Associate Vice President Salary 9 - 16 years exp. (13 salaries)	₹16 L/yr - ₹33.5 L/yr 32% more
IDFC FIRST Bank Associate Vice President Salary 10 - 18 years exp. (10 salaries)	₹14.3 L/yr - ₹40 L/yr 55% more
RBL Bank Associate Vice President Salary 7 - 17 years exp. (8 salaries)	₹11.7 L/yr - ₹20 L/yr 8% less
Jana Small Finance Bank Associate Vice President Salary 13 - 16 years exp. (5 salaries)	₹13.7 L/yr - ₹17.9 L/yr 24% less
Bandhan Bank Associate Vice President Salary 10 - 14 years exp. (3 salaries)	₹12.9 L/yr - ₹22 L/yr 5% more
Federal Bank Associate Vice President Salary 11 - 12 years exp. (3 salaries)	₹25 L/yr - ₹37 L/yr 45% more

Associate Vice President salary at Kotak Mahindra Bank ranges between ₹11.5 Lakhs to ₹34.4 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

2d ago

₹15 Lakhs

8 years exp.

2w ago

₹20 Lakhs

5 years exp.

3w ago

₹21.5 Lakhs

8 years exp.

3w ago

₹13.2 Lakhs

11 years exp.

4w ago

₹36 Lakhs

6 years exp.

1mo ago

10 years exp.

1mo ago

19 years exp.

1mo ago

6 years exp.

1mo ago

9 years exp.

1mo ago

7 years exp.

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

Last Updated: 9 Apr 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25 L/yr
5 years (7 salaries)	₹13.5 L/yr - ₹33 L/yr
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6 years (14 salaries)	₹17 L/yr - ₹36 L/yr
7 years (12 salaries)	₹15 L/yr - ₹27.5 L/yr
8 years (14 salaries)	₹14.2 L/yr - ₹30 L/yr
9 years (16 salaries)	₹12.6 L/yr - ₹30.6 L/yr
10 years (20 salaries)	₹12 L/yr - ₹30 L/yr
11 years (11 salaries)	₹12.6 L/yr - ₹35 L/yr
12 years (20 salaries)	₹13.5 L/yr - ₹30 L/yr
13 years (10 salaries)	₹15.5 L/yr - ₹28.5 L/yr
14 years (18 salaries)	₹14 L/yr - ₹29.9 L/yr
15+ years (51 salaries)	₹11.5 L/yr - ₹27.6 L/yr

View all

From

Associate Vice President

₹

Lakhs/yr

3 - 21 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Associate Vice President 3 - 21 years exp.

Vice President 12 - 21 years exp.

105% hike

Senior Vice President 15 - 24 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

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(150 salaries)

₹1 L/yr - ₹3.64 L/yr

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₹1.95 L/yr - ₹4 L/yr

Relationship Officer Salary

(121 salaries)

₹2.2 L/yr - ₹6 L/yr

Chief Manager Salary

(118 salaries)

₹8.75 L/yr - ₹27 L/yr

Team Lead Salary

(63 salaries)

₹2 L/yr - ₹7.2 L/yr

Assistant Acquisition Manager Salary

(44 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Business Analyst Salary

(15 salaries)

₹5 L/yr - ₹13.25 L/yr

Product Manager Salary

(11 salaries)

₹5.6 L/yr - ₹13.91 L/yr

Back Office Executive Salary

(4 salaries)

₹1.6 L/yr - ₹2.5 L/yr

Salary related reviews for Kotak Mahindra Bank

2.7

Rated by 23 employees for salary & benefits

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

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!!

Salary - Good

+3 more

Dislikes

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

Skill development - Bad

+1 more

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

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.

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.

Salary - Poor

+1 more

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

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.

Salary - Bad

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

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 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 ₹34.4 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 ₹27.6 Lakhs per year, and the top 1% earn over ₹39.4 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 ₹1,27,675 to ₹1,31,953 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹34.4 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	₹19.6 Lakhs to ₹25.0 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.

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Kotak Mahindra Bank Associate Vice President Salaries in New Delhi

Kotak Mahindra Bank Associate Vice President salary in New Delhi ranges between ₹11.5 Lakhs to ₹34.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 194 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

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

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

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

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Associate Vice President in Mumbai

Principal Software Engineer in Bangalore / Bengaluru

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

Kotak Mahindra Bank Associate Vice President Salary FAQs

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