Kotak Mahindra Bank Bangalore / Bengaluru AVP Salaries by 10+ Employees (Updated 2024)

8 - 16 years exp.

₹17.1 Lakhs - ₹33 Lakhs

Salary of majority employees

31% less than the average AVP Salary in Banking Companies for 8 - 16 years of experience

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Salaries in different departments

Product Management AVP Salary 13 - 15 years exp. (3 salaries)	₹17.2 L/yr - ₹21.1 L/yr
BFSI, Investments & Trading AVP Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹17.9 L/yr - ₹30 L/yr
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Engineering - Software & QA AVP Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹21.4 L/yr - ₹33 L/yr
Sales & Business Development AVP Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹19.5 L/yr - ₹21.5 L/yr
Risk Management & Compliance AVP Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20.3 L/yr

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Last Updated: 21 Dec 2024

Companies similar to Kotak Mahindra Bank for AVP in Bangalore / Bengaluru

Kotak Mahindra Bank AVP Salary

8 - 16 years exp. (15 salaries)

₹17.1 L/yr - ₹33 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank AVP Salary 11 - 20 years exp. (21 salaries)	₹17.9 L/yr - ₹38 L/yr 26% more
Axis Bank AVP Salary 10 - 20 years exp. (28 salaries)	₹13.1 L/yr - ₹38 L/yr 23% more
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State Bank of India AVP Salary 6 - 15 years exp. (5 salaries)	₹9 L/yr - ₹14 L/yr 47% less
Yes Bank AVP Salary 8 - 16 years exp. (8 salaries)	₹14 L/yr - ₹20 L/yr 20% less
IndusInd Bank AVP Salary 6 - 18 years exp. (20 salaries)	₹8 L/yr - ₹21 L/yr 24% less
IDFC FIRST Bank AVP Salary 15 - 19 years exp. (3 salaries)	₹31.6 L/yr - ₹35.1 L/yr 59% more
RBL Bank AVP Salary 7 - 18 years exp. (6 salaries)	₹14.3 L/yr - ₹20.5 L/yr 9% less
Standard Chartered AVP Salary 10 - 19 years exp. (59 salaries)	₹23 L/yr - ₹55 L/yr 100% more
Barclays AVP Salary 9 - 18 years exp. (20 salaries)	₹23 L/yr - ₹34 L/yr 55% more
NatWest Group AVP Salary 9 - 17 years exp. (17 salaries)	₹14 L/yr - ₹42.3 L/yr 37% more
HSBC Global Banking and Markets AVP Salary 10 - 15 years exp. (10 salaries)	₹20 L/yr - ₹46 L/yr 47% more
Login to view exact salary
Jana Small Finance Bank AVP Salary 7 - 18 years exp. (5 salaries)	₹10.1 L/yr - ₹21 L/yr 23% less
Bandhan Bank AVP Salary 12 - 14 years exp. (3 salaries)	₹16 L/yr - ₹30 L/yr 8% more

AVP salary at Kotak Mahindra Bank ranges between ₹17.1 Lakhs to ₹33 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank AVP salaries in Bangalore / Bengaluru

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹23 L/yr
9 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.6 L/yr
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10 years (3 salaries)	₹18 L/yr - ₹26 L/yr
11 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹31.5 L/yr
12 years (3 salaries)	₹18.5 L/yr - ₹33 L/yr
13 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹36.7 L/yr
14 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹36.3 L/yr
15+ years (3 salaries)	₹17.2 L/yr - ₹30 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.5k salaries)

₹2 L/yr - ₹8 L/yr

Junior Associate Salary

(122 salaries)

₹1.5 L/yr - ₹4 L/yr

Associate Vice President Salary

(112 salaries)

₹10.82 L/yr - ₹35.7 L/yr

Chief Manager Salary

(82 salaries)

₹10 L/yr - ₹31.53 L/yr

Sales Executive Salary

(71 salaries)

₹1.5 L/yr - ₹5 L/yr

Product Manager Salary

(61 salaries)

₹7.47 L/yr - ₹28 L/yr

Assistant Acquisition Manager Salary

(60 salaries)

₹2 L/yr - ₹4.3 L/yr

Relationship Officer Salary

(56 salaries)

₹1.88 L/yr - ₹5.7 L/yr

Team Lead Salary

(51 salaries)

₹1.7 L/yr - ₹8.5 L/yr

Business Analyst Salary

(37 salaries)

₹5.58 L/yr - ₹21.5 L/yr

Salary related reviews for Kotak Mahindra Bank

Junior Associate in Thane

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.

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

Operations Manager in Goregaon

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

Junior Associate in Coimbatore

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

Assistant Vice President in Ernakulam

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.

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Dislikes

Salary, promortion - these are the worst over here.

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

3 participants . expiring in 2w

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Kotak Mahindra Bank AVP Salary FAQs

What is the salary of AVP at Kotak Mahindra Bank Bangalore / Bengaluru?

AVP salary at Kotak Mahindra Bank in Bangalore / Bengaluru ranges between ₹17.1 Lakhs to ₹33.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 31% less than the average AVP Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank Bangalore / Bengaluru.

How does the salary of a AVP at Kotak Mahindra Bank Bangalore / Bengaluru 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 Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a AVP in Bangalore / Bengaluru?

Standard Chartered AVP Salary - ₹23.0 Lakhs to ₹55.0 Lakhs per year
IDFC FIRST Bank AVP Salary - ₹31.6 Lakhs to ₹35.1 Lakhs per year
Barclays AVP Salary - ₹23.0 Lakhs to ₹34.0 Lakhs per year
HSBC Global Banking and Markets AVP Salary - ₹20.0 Lakhs to ₹46.0 Lakhs per year
NatWest Group AVP Salary - ₹14.0 Lakhs to ₹42.3 Lakhs per year

What is the salary of a AVP in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?

HDFC Bank AVP Salary - ₹17.9 Lakhs to ₹38.0 Lakhs per year
Axis Bank AVP Salary - ₹13.1 Lakhs to ₹38.0 Lakhs per year
Bandhan Bank AVP Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
RBL Bank AVP Salary - ₹14.3 Lakhs to ₹20.5 Lakhs per year
Yes Bank AVP Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a AVP at Kotak Mahindra Bank in Bangalore / Bengaluru?

The estimated take-home salary of a AVP at Kotak Mahindra Bank ranges between ₹1,33,825 per month to ₹1,38,739 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindra Bank AVP salary in India which ranges between ₹17.1 Lakhs to ₹33.0 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

What is the notice period for AVP at Kotak Mahindra Bank in Bangalore / Bengaluru?

According to AmbitionBox, 64% of the Kotak Mahindra Bank AVPs in Bangalore / Bengaluru reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank AVP Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank AVP salary in Bangalore / Bengaluru ranges between ₹17.1 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.