Kotak Mahindra Bank Pune Associate Vice President Salaries by 60+ Employees (Updated 2025)

4 - 20 years exp.

₹10 Lakhs - ₹33 Lakhs

Salary of majority employees

36% 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 - 18 years exp. (30 salaries)	₹13 L/yr - ₹27 L/yr
Sales & Business Development Associate Vice President Salary 4 - 18 years exp. (8 salaries)	₹17 L/yr - ₹22.2 L/yr
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Product Management Associate Vice President Salary 11 - 18 years exp. (5 salaries)	₹15 L/yr - ₹22 L/yr
Engineering - Software & QA Associate Vice President Salary 11 - 13 years exp. (3 salaries)	₹19.7 L/yr - ₹33 L/yr
Risk Management & Compliance Associate Vice President Salary 8 - 20 years exp. (3 salaries)	₹12.7 L/yr - ₹17.6 L/yr

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Last Updated: 23 Feb 2025

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

Kotak Mahindra Bank Associate Vice President Salary

4 - 20 years exp. (62 salaries)

₹10 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Vice President Salary 10 - 20 years exp. (8 salaries)	₹19.3 L/yr - ₹27.8 L/yr 42% more
Axis Bank Associate Vice President Salary 11 - 20 years exp. (8 salaries)	₹14 L/yr - ₹26 L/yr 29% more
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IndusInd Bank Associate Vice President Salary 9 - 19 years exp. (10 salaries)	₹13 L/yr - ₹18.7 L/yr 10% less
Yes Bank Associate Vice President Salary 9 - 11 years exp. (4 salaries)	₹15.1 L/yr - ₹27 L/yr 3% less
IDFC FIRST Bank Associate Vice President Salary 14 - 18 years exp. (3 salaries)	₹18 L/yr - ₹33 L/yr 46% more
Barclays Investment Bank Associate Vice President Salary 9 - 16 years exp. (12 salaries)	₹19 L/yr - ₹38.5 L/yr 88% more
Bandhan Bank Associate Vice President Salary 12 - 16 years exp. (3 salaries)	₹13.5 L/yr - ₹24.6 L/yr 22% more
Jana Small Finance Bank Associate Vice President Salary 11 - 17 years exp. (3 salaries)	₹12.3 L/yr - ₹17.5 L/yr 26% less
Paytm Payments Bank Associate Vice President Salary 16 - 17 years exp. (3 salaries)	₹70 L/yr - ₹1 Cr/yr 310% more

Associate Vice President salary at Kotak Mahindra Bank ranges between ₹10 Lakhs to ₹33 Lakhs per year for employees with experience between 4 years to 20 years. Salary estimates are based on 62 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Associate Vice President salaries in Pune

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹22.2 L/yr
5 years (AmbitionBox Estimate)	₹20.2 L/yr - ₹36.9 L/yr
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6 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr
7 years (AmbitionBox Estimate)	₹20 L/yr - ₹36 L/yr
8 years (AmbitionBox Estimate)	₹15 L/yr - ₹35.6 L/yr
9 years (4 salaries)	₹12 L/yr - ₹35.2 L/yr
10 years (5 salaries)	₹14 L/yr - ₹19.5 L/yr
11 years (9 salaries)	₹14.9 L/yr - ₹25 L/yr
12 years (13 salaries)	₹10 L/yr - ₹33 L/yr
13 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹33 L/yr
14 years (7 salaries)	₹14 L/yr - ₹24.7 L/yr
15+ years (17 salaries)	₹12.7 L/yr - ₹22 L/yr

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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.

101% hike

Senior Vice President 15 - 24 years exp.

34% 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.

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₹8.8 L/yr - ₹23.5 L/yr

Product Manager Salary

(17 salaries)

₹6.41 L/yr - ₹26.4 L/yr

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₹2 L/yr - ₹6.5 L/yr

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₹1.45 L/yr - ₹3 L/yr

Salary related reviews for Kotak Mahindra Bank

4.2

Rated by 4 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!!

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

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

Salary - Good

+1 more

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

Job security - Bad

+2 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Associate Vice President Salary FAQs

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

Associate Vice President salary at Kotak Mahindra Bank in Pune ranges between ₹10.0 Lakhs to ₹33.0 Lakhs for experience between 4 years to 20 years. According to our estimates it is 36% less than the average Associate Vice President Salary in India. Salary estimates are based on 62 latest salaries received from various employees of Kotak Mahindra Bank Pune.

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

The average salary of a Associate Vice President at Kotak Mahindra Bank is 36% less than the average salary of a Associate Vice President in Pune. To know exact salary insights, login to view.

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

Paytm Payments Bank Associate Vice President Salary - ₹70.0 Lakhs to ₹101.0 Lakhs per year
Barclays Investment Bank Associate Vice President Salary - ₹19.0 Lakhs to ₹38.5 Lakhs per year
IDFC FIRST Bank Associate Vice President Salary - ₹18.0 Lakhs to ₹33.0 Lakhs per year
HDFC Bank Associate Vice President Salary - ₹19.3 Lakhs to ₹27.8 Lakhs per year
Axis Bank Associate Vice President Salary - ₹14.0 Lakhs to ₹26.0 Lakhs per year

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

Bandhan Bank Associate Vice President Salary - ₹13.5 Lakhs to ₹24.6 Lakhs per year
Yes Bank Associate Vice President Salary - ₹15.1 Lakhs to ₹27.0 Lakhs per year
IndusInd Bank Associate Vice President Salary - ₹13.0 Lakhs to ₹18.7 Lakhs per year
Jana Small Finance Bank Associate Vice President Salary - ₹12.3 Lakhs to ₹17.5 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at Kotak Mahindra Bank ranges between ₹1,25,515 per month to ₹1,29,506 per month in Pune. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Vice President salary in India which ranges between ₹10.0 Lakhs to ₹33.0 Lakhs per year for employees with experience between 4 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 Pune?

According to AmbitionBox, 74% of the Kotak Mahindra Bank Associate Vice Presidents in Pune reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 50 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Vice President Salaries in Pune

Kotak Mahindra Bank Associate Vice President salary in Pune ranges between ₹10 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 62 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.