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Kotak Mahindra Bank AVP salaries in India

Annual salary range
8 - 18 years exp.
₹10.7 Lakhs - ₹35.3 Lakhs
Salary of majority employees
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31% less than the average AVP Salary in Banking Companies for 8 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
AVP Salary
9 - 18 years exp. (36 salaries)
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₹10.7 L/yr - ₹36 L/yr

Sales & Business Development
AVP Salary
8 - 18 years exp. (12 salaries)
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₹13.5 L/yr - ₹35 L/yr

Customer Success, Service & Operations
AVP Salary
9 - 18 years exp. (8 salaries)
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₹11 L/yr - ₹25 L/yr

Product Management
AVP Salary
8 - 15 years exp. (8 salaries)
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₹17.2 L/yr - ₹27 L/yr

Data Science & Analytics
AVP Salary
9 - 18 years exp. (7 salaries)
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₹13 L/yr - ₹34.4 L/yr

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Last Updated: 5 Jan 2025

Companies similar to Kotak Mahindra Bank for AVP

Company name Avg Annual Salary Open Jobs
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HDFC Bank AVP Salary

9 - 22 years exp. (349 salaries)

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₹14 L/yr - ₹44 L/yr

arrow icon 23% more
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ICICI Bank AVP Salary

4 - 18 years exp. (21 salaries)

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₹15 L/yr - ₹35 L/yr

arrow icon 5% more
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Axis Bank AVP Salary

10 - 21 years exp. (365 salaries)

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₹13 L/yr - ₹42 L/yr

arrow icon 17% more
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State Bank of India AVP Salary

3 - 16 years exp. (21 salaries)

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₹7 L/yr - ₹20.4 L/yr

arrow icon 40% less
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Yes Bank AVP Salary

6 - 18 years exp. (247 salaries)

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₹10 L/yr - ₹24 L/yr

arrow icon 26% less
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IndusInd Bank AVP Salary

7 - 17 years exp. (259 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 24% less
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IDFC FIRST Bank AVP Salary

10 - 20 years exp. (78 salaries)

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₹18 L/yr - ₹37 L/yr

arrow icon 34% more
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RBL Bank AVP Salary

7 - 20 years exp. (105 salaries)

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₹12 L/yr - ₹26 L/yr

arrow icon 8% less
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Federal Bank AVP Salary

13 - 16 years exp. (5 salaries)

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₹22 L/yr - ₹40 L/yr

arrow icon 37% more
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Bandhan Bank AVP Salary

11 - 18 years exp. (81 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 3% less
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HSBC Global Banking and Markets AVP Salary

9 - 18 years exp. (25 salaries)

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₹20 L/yr - ₹42 L/yr

arrow icon 44% more
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Jana Small Finance Bank AVP Salary

7 - 18 years exp. (12 salaries)

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₹9 L/yr - ₹22 L/yr

arrow icon 28% less
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Ujjivan Small Finance Bank AVP Salary

9 - 17 years exp. (8 salaries)

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₹11.5 L/yr - ₹19.8 L/yr

arrow icon 17% less
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Shinhan Bank AVP Salary

9 - 15 years exp. (7 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 26% less
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Bank of Baroda AVP Salary

9 - 12 years exp. (6 salaries)

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₹11 L/yr - ₹14 L/yr

arrow icon 37% less
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Utkarsh Small Finance Bank AVP Salary

10 - 18 years exp. (6 salaries)

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₹17 L/yr - ₹24 L/yr

arrow icon 6% less
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Barclays Investment Bank AVP Salary

10 - 15 years exp. (5 salaries)

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₹20 L/yr - ₹35 L/yr

arrow icon 37% more
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Chase Bank AVP Salary

9 - 15 years exp. (4 salaries)

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₹18 L/yr - ₹35 L/yr

arrow icon 33% more
AVP salary at Kotak Mahindra Bank ranges between ₹10.7 Lakhs to ₹35.3 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 158 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank AVP

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12 years exp.
5d ago
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17 years exp.
2w ago
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8 years exp.
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15 years exp.
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10 years exp.
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9 years exp.
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8 years exp.
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15 years exp.
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15 years exp.
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10 years exp.

Experience wise Kotak Mahindra Bank AVP salaries

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
8 years  (7 salaries)

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₹16 L/yr - ₹31 L/yr
9 years  (13 salaries)

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₹14 L/yr - ₹34 L/yr
10 years  (15 salaries)

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₹15 L/yr - ₹37 L/yr
11 years  (17 salaries)

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₹15 L/yr - ₹31.5 L/yr
12 years  (18 salaries)

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₹12.8 L/yr - ₹33 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(11.2k salaries)
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₹1.65 L/yr - ₹8.4 L/yr
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₹10 L/yr - ₹36 L/yr
Sales Executive Salary
(891 salaries)
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₹1.2 L/yr - ₹5.05 L/yr
Junior Associate Salary
(891 salaries)
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₹1 L/yr - ₹4 L/yr
Chief Manager Salary
(819 salaries)
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₹7.5 L/yr - ₹27.5 L/yr
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₹1.5 L/yr - ₹4.5 L/yr
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₹1.88 L/yr - ₹6.5 L/yr
Product Manager Salary
(563 salaries)
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₹6.5 L/yr - ₹25 L/yr
Team Lead Salary
(405 salaries)
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₹1.5 L/yr - ₹6.94 L/yr
Business Analyst Salary
(308 salaries)
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₹4.62 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

2.7

Rated by 8 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

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Full Time

 · 

Other Department

5.0
  •  posted on 12 Nov 2024

5.0
 for  Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

read more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

There is no work pressure its harmful for your future

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

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Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 27 Sep 2024

1.0
 for  Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

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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

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.

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Kotak Mahindra Bank AVP Salary FAQs

What is the salary of AVP at Kotak Mahindra Bank?
AVP salary at Kotak Mahindra Bank in India ranges between ₹10.7 Lakhs to ₹35.3 Lakhs for experience between 8 years to 18 years. According to our estimates it is 31% less than the average AVP Salary in India. Salary estimates are based on 158 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a AVP at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a AVP at Kotak Mahindra Bank is 31% less than the average salary of a AVP in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a AVP in India?
  • HSBC Global Banking and Markets AVP Salary - ₹20.0 Lakhs to ₹42.0 Lakhs per year
  • Barclays Investment Bank AVP Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year
  • Federal Bank AVP Salary - ₹22.0 Lakhs to ₹40.0 Lakhs per year
  • IDFC FIRST Bank AVP Salary - ₹18.0 Lakhs to ₹37.0 Lakhs per year
  • Chase Bank AVP Salary - ₹18.0 Lakhs to ₹35.0 Lakhs per year
What is the salary of a AVP in companies similar to Kotak Mahindra Bank in India?
  • HDFC Bank AVP Salary - ₹14.0 Lakhs to ₹44.0 Lakhs per year
  • Axis Bank AVP Salary - ₹13.0 Lakhs to ₹42.0 Lakhs per year
  • ICICI Bank AVP Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year
  • Bandhan Bank AVP Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
  • Utkarsh Small Finance Bank AVP Salary - ₹17.0 Lakhs to ₹24.0 Lakhs per year
What is the estimated take home salary of a AVP at Kotak Mahindra Bank in India?
The estimated take-home salary of a AVP at Kotak Mahindra Bank ranges between ₹1,36,089 per month to ₹1,41,106 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank AVP salary in India which ranges between ₹10.7 Lakhs to ₹35.3 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?
What is the notice period for AVP at Kotak Mahindra Bank?
According to AmbitionBox, 77% of the Kotak Mahindra Bank AVPs reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 146 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank AVP salary in India ranges between ₹10.7 Lakhs to ₹35.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 158 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.