Kotak Mahindra Bank Pune AVP Salaries by 8 Employees (Updated 2025)

9 - 17 years exp.

₹15 Lakhs - ₹28 Lakhs

Salary of majority employees

31% less than the average AVP Salary in Banking Companies for 9 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 10 - 16 years exp. (4 salaries)	₹15 L/yr - ₹20.5 L/yr
Customer Success, Service & Operations AVP Salary 15 - 17 years exp. (AmbitionBox Estimate)	₹18.8 L/yr - ₹25 L/yr
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Data Science & Analytics AVP Salary 9 years exp. (AmbitionBox Estimate)	₹19.7 L/yr - ₹28 L/yr

Last Updated: 6 Dec 2024

Companies similar to Kotak Mahindra Bank for AVP in Pune

Kotak Mahindra Bank AVP Salary

9 - 17 years exp. (8 salaries)

₹15 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank AVP Salary 10 - 22 years exp. (15 salaries)	₹20 L/yr - ₹36 L/yr 27% more
Axis Bank AVP Salary 10 - 20 years exp. (19 salaries)	₹15 L/yr - ₹35 L/yr 20% more
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Yes Bank AVP Salary 7 - 18 years exp. (10 salaries)	₹10 L/yr - ₹21 L/yr 26% less
IndusInd Bank AVP Salary 7 - 18 years exp. (12 salaries)	₹7 L/yr - ₹22 L/yr 27% less
RBL Bank AVP Salary 9 - 20 years exp. (5 salaries)	₹13.4 L/yr - ₹18.9 L/yr 11% less
Barclays Investment Bank AVP Salary 10 - 15 years exp. (3 salaries)	₹20 L/yr - ₹35 L/yr 39% more

AVP salary at Kotak Mahindra Bank ranges between ₹15 Lakhs to ₹28 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank AVP salaries in Pune

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹28 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹37.4 L/yr
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11 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹23.7 L/yr
12 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹36.9 L/yr
13 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
14 years (AmbitionBox Estimate)	₹18 L/yr - ₹36.4 L/yr
15+ years (4 salaries)	₹18 L/yr - ₹25 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(835 salaries)

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Assistant Acquisition Manager Salary

(86 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Sales Executive Salary

(66 salaries)

₹1.4 L/yr - ₹3.5 L/yr

Business Analyst Salary

(62 salaries)

₹4.46 L/yr - ₹15.04 L/yr

Associate Vice President Salary

(61 salaries)

₹10 L/yr - ₹26.7 L/yr

Relationship Officer Salary

(53 salaries)

₹2.5 L/yr - ₹6 L/yr

Junior Associate Salary

(47 salaries)

₹1.05 L/yr - ₹4 L/yr

Chief Manager Salary

(45 salaries)

₹8.8 L/yr - ₹29 L/yr

Product Manager Salary

(18 salaries)

₹6.53 L/yr - ₹26.4 L/yr

Team Lead Salary

(15 salaries)

₹2 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindra Bank

Deputy Manager Operations in Mumbai

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.

Salary - Poor

+4 more

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.

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

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

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

Salary - Bad

+5 more

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

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

Salary - Bad

+1 more

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

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.

Salary - Bad

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Salary Discussions, Hike & Promotions

fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank AVP Salary FAQs

What is the salary of AVP at Kotak Mahindra Bank Pune?

AVP salary at Kotak Mahindra Bank in Pune ranges between ₹15.0 Lakhs to ₹28.0 Lakhs for experience between 9 years to 17 years. According to our estimates it is 31% less than the average AVP Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank Pune.

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

Which similar companies are paying more than Kotak Mahindra Bank to a AVP in Pune?

Barclays Investment Bank AVP Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year
HDFC Bank AVP Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
Axis Bank AVP Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year

What is the salary of a AVP in companies similar to Kotak Mahindra Bank in Pune?

RBL Bank AVP Salary - ₹13.4 Lakhs to ₹18.9 Lakhs per year
Yes Bank AVP Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
IndusInd Bank AVP Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a AVP at Kotak Mahindra Bank ranges between ₹1,33,690 per month to ₹1,38,598 per month in Pune. The take-home salary calculation is based on the average Kotak Mahindra Bank AVP salary in India which ranges between ₹15.0 Lakhs to ₹28.0 Lakhs per year for employees with experience between 9 years to 17 years. Check how did we calculate take home salary?

What is the notice period for AVP at Kotak Mahindra Bank in Pune?

According to AmbitionBox, 75% of the Kotak Mahindra Bank AVPs in Pune reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank AVP Salaries in Pune

Kotak Mahindra Bank AVP salary in Pune ranges between ₹15 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.