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Kotak Mahindra Bank AVP salaries in Gurgaon / Gurugram (Updated 2025)

Annual salary range
8 - 16 years exp.
₹18 Lakhs - ₹35 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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21% less than the average AVP Salary in Banking Companies for 8 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading
AVP Salary
13 - 15 years exp. (AmbitionBox Estimate)
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₹18.8 L/yr - ₹26 L/yr

Sales & Business Development
AVP Salary
13 - 16 years exp. (AmbitionBox Estimate)
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₹19 L/yr - ₹35 L/yr

Last Updated: 13 Mar 2025

Companies similar to Kotak Mahindra Bank for AVP in Gurgaon / Gurugram

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Kotak Mahindra Bank AVP Salary

8 - 16 years exp. (9 salaries)

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₹18 L/yr - ₹35 L/yr

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Company name Avg Annual Salary Open Jobs
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IndusInd Bank AVP Salary

6 - 16 years exp. (19 salaries)

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₹10 L/yr - ₹24 L/yr

arrow icon 25% less
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Yes Bank AVP Salary

8 - 17 years exp. (12 salaries)

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₹11 L/yr - ₹15.7 L/yr

arrow icon 28% less
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Axis Bank AVP Salary

10 - 18 years exp. (8 salaries)

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₹15 L/yr - ₹35 L/yr

arrow icon 15% more
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HDFC Bank AVP Salary

10 - 18 years exp. (7 salaries)

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₹17 L/yr - ₹31 L/yr

arrow icon 20% more
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RBL Bank AVP Salary

7 - 18 years exp. (6 salaries)

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₹19 L/yr - ₹23 L/yr

arrow icon 2% less
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HSBC Global Banking and Markets AVP Salary

7 - 17 years exp. (6 salaries)

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₹27.3 L/yr - ₹42 L/yr

arrow icon 56% more
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Bandhan Bank AVP Salary

15 - 16 years exp. (3 salaries)

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₹12.5 L/yr - ₹21.1 L/yr

arrow icon 16% less
AVP salary at Kotak Mahindra Bank ranges between ₹18 Lakhs to ₹35 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank AVP in Gurgaon / Gurugram

3w ago
₹29 Lakhs
8 years exp.
1mo ago
₹29 Lakhs
8 years exp.
11mo ago
₹20 Lakhs
12 years exp.
1y ago
₹29.6 Lakhs
16 years exp.
1y ago
₹18 Lakhs
13 years exp.

Experience wise Kotak Mahindra Bank AVP salaries in Gurgaon / Gurugram

Last Updated: 13 Mar 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹20.3 L/yr - ₹25.9 L/yr
9 years (AmbitionBox Estimate)

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₹20 L/yr - ₹25.5 L/yr
10 years (AmbitionBox Estimate)

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₹19.7 L/yr - ₹25.2 L/yr
11 years (AmbitionBox Estimate)

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₹19.4 L/yr - ₹24.8 L/yr
12 years (AmbitionBox Estimate)

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₹19.2 L/yr - ₹24.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(322 salaries)
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₹2.25 L/yr - ₹7.5 L/yr
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₹10 L/yr - ₹32.5 L/yr
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₹2.7 L/yr - ₹6 L/yr
Chief Manager Salary
(16 salaries)
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₹10.5 L/yr - ₹28 L/yr
Product Manager Salary
(12 salaries)
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₹7.46 L/yr - ₹27.9 L/yr
Team Lead Salary
(11 salaries)
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₹1.8 L/yr - ₹6.5 L/yr

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025

2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Work satisfaction - Poor
  • +2 more

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
see more salary related reviews

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Kotak Mahindra Bank AVP Salary FAQs

What is the salary of AVP at Kotak Mahindra Bank in Gurgaon / Gurugram?
The average salary of a AVP at Kotak Mahindra Bank in Gurgaon / Gurugram typically ranges from ₹18.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 8 years to 16 years).

The top 10% of AVP in Gurgaon / Gurugram at Kotak Mahindra Bank earn more than ₹32.8 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. AVP 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 9 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a AVP at Kotak Mahindra Bank in Gurgaon / Gurugram?
The estimated take-home salary of a AVP at Kotak Mahindra Bank in Gurgaon / Gurugram typically ranges from ₹1,37,059 to ₹1,42,120 per month. This is based on the average salary range of ₹18.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 8 years to 16 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 9 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 AVP in India?
HSBC Global Banking and Markets ₹27.3 Lakhs to ₹42.0 Lakhs per year
HDFC Bank ₹17.0 Lakhs to ₹31.0 Lakhs per year
Axis Bank ₹15.0 Lakhs to ₹35.0 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 AVP in companies similar to Kotak Mahindra Bank in Gurgaon / Gurugram?
The salary of a AVP at companies similar to Kotak Mahindra Bank in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank ₹19.0 Lakhs to ₹23.0 Lakhs per year
Bandhan Bank ₹12.5 Lakhs to ₹21.1 Lakhs per year
IndusInd Bank ₹10.0 Lakhs to ₹24.0 Lakhs per year
Yes Bank ₹11.0 Lakhs to ₹15.7 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 AVP at Kotak Mahindra Bank in Gurgaon / Gurugram?
The salary growth for a AVP at Kotak Mahindra Bank in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a AVP in Gurgaon / Gurugram can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
8 years ₹20.3 Lakhs to ₹25.9 Lakhs per year
9 years ₹20.0 Lakhs to ₹25.5 Lakhs per year
10 years ₹19.7 Lakhs to ₹25.2 Lakhs per year
11 years ₹19.4 Lakhs to ₹24.8 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank AVP salary in Gurgaon / Gurugram ranges between ₹18 Lakhs to ₹35 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.