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Kotak Mahindra Bank AVP salaries in Bangalore / Bengaluru

Annual salary range
8 - 16 years exp.
₹17.1 Lakhs - ₹34 Lakhs
Salary of majority employees
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28% 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)
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₹17.2 L/yr - ₹22.6 L/yr

BFSI, Investments & Trading
AVP Salary
12 - 15 years exp. (AmbitionBox Estimate)
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₹18.2 L/yr - ₹30 L/yr

Engineering - Software & QA
AVP Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹21.4 L/yr - ₹33 L/yr

Sales & Business Development
AVP Salary
10 - 13 years exp. (AmbitionBox Estimate)
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₹19.5 L/yr - ₹22.7 L/yr

Risk Management & Compliance
AVP Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹17.1 L/yr - ₹22 L/yr

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Last Updated: 5 Jan 2025

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

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Kotak Mahindra Bank AVP Salary

8 - 16 years exp. (16 salaries)

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₹17.1 L/yr - ₹34 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank AVP Salary

11 - 20 years exp. (20 salaries)

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₹17.9 L/yr - ₹38 L/yr

arrow icon 22% more
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Axis Bank AVP Salary

10 - 20 years exp. (26 salaries)

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₹13.5 L/yr - ₹36 L/yr

arrow icon 18% more
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State Bank of India AVP Salary

6 - 15 years exp. (5 salaries)

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₹9 L/yr - ₹14 L/yr

arrow icon 50% less
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Yes Bank AVP Salary

7 - 18 years exp. (11 salaries)

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₹14 L/yr - ₹20 L/yr

arrow icon 22% less
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IndusInd Bank AVP Salary

7 - 16 years exp. (18 salaries)

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₹8 L/yr - ₹21 L/yr

arrow icon 31% less
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RBL Bank AVP Salary

7 - 18 years exp. (6 salaries)

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₹14.3 L/yr - ₹20.5 L/yr

arrow icon 10% less
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HSBC Global Banking and Markets AVP Salary

7 - 15 years exp. (12 salaries)

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₹20 L/yr - ₹40 L/yr

arrow icon 40% more
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Jana Small Finance Bank AVP Salary

7 - 18 years exp. (5 salaries)

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₹10.1 L/yr - ₹21 L/yr

arrow icon 29% less
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Bandhan Bank AVP Salary

11 - 14 years exp. (4 salaries)

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₹16 L/yr - ₹30 L/yr

arrow icon 1% more
AVP salary at Kotak Mahindra Bank ranges between ₹17.1 Lakhs to ₹34 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank AVP in Bangalore / Bengaluru

4w ago
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12 years exp.
1mo ago
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15 years exp.
1mo ago
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8 years exp.
2mo ago
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12 years exp.
3mo ago
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14 years exp.
3mo ago
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10 years exp.
6mo ago
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13 years exp.
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12 years exp.
8mo ago
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16 years exp.
8mo ago
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11 years exp.

Experience wise Kotak Mahindra Bank AVP salaries in Bangalore / Bengaluru

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹23 L/yr - ₹41.5 L/yr
9 years (AmbitionBox Estimate)

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₹20.4 L/yr - ₹26.1 L/yr
10 years  (4 salaries)

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₹18 L/yr - ₹34 L/yr
11 years (AmbitionBox Estimate)

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₹17.1 L/yr - ₹31.5 L/yr
12 years  (3 salaries)

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₹18.5 L/yr - ₹33 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(1.5k salaries)
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₹2 L/yr - ₹8.5 L/yr
Junior Associate Salary
(123 salaries)
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₹1.5 L/yr - ₹4 L/yr
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₹10.82 L/yr - ₹35.67 L/yr
Chief Manager Salary
(87 salaries)
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₹10 L/yr - ₹31.53 L/yr
Sales Executive Salary
(70 salaries)
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₹1.5 L/yr - ₹4.5 L/yr
Product Manager Salary
(66 salaries)
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₹7.6 L/yr - ₹31.75 L/yr
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₹2 L/yr - ₹4.3 L/yr
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₹1.88 L/yr - ₹5.7 L/yr
Team Lead Salary
(49 salaries)
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₹1.7 L/yr - ₹8.5 L/yr
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₹5.06 L/yr - ₹21.5 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

read more
  • Salary - Poor
  • +4 more

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
  • Salary - Excellent
  • +6 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

read more

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

  • Job security - Excellent

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

read more
  • Salary - Bad
  • +5 more

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

  • Skill development - Excellent
  • +3 more

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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  • Salary - Bad
  • +1 more

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

  • Skill development - Good
  • +2 more

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.

read more
  • Salary - Bad
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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 ₹34.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 28% less than the average AVP Salary in India. Salary estimates are based on 16 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 28% 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?
  • HSBC Global Banking and Markets AVP Salary - ₹20.0 Lakhs to ₹40.0 Lakhs per year
  • HDFC Bank AVP Salary - ₹17.9 Lakhs to ₹38.0 Lakhs per year
  • Axis Bank AVP Salary - ₹13.5 Lakhs to ₹36.0 Lakhs per year
  • Bandhan Bank AVP Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
What is the salary of a AVP in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?
  • 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
  • Jana Small Finance Bank AVP Salary - ₹10.1 Lakhs to ₹21.0 Lakhs per year
  • IndusInd Bank AVP Salary - ₹8.0 Lakhs to ₹21.0 Lakhs per year
  • State Bank of India AVP Salary - ₹9.0 Lakhs to ₹14.0 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 ₹1,38,654 per month to ₹1,43,787 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 ₹34.0 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.

Tell us how to improve this page.

Kotak Mahindra Bank AVP salary in Bangalore / Bengaluru ranges between ₹17.1 Lakhs to ₹34 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.