Kotak Mahindra Bank Mumbai Branch Manager and Assistant Vice President Salaries by 8 Employees (Updated 2025)

11 - 16 years exp.

₹15.2 Lakhs - ₹21.8 Lakhs

Salary of majority employees

5% more than the average Branch Manager and Assistant Vice President Salary in Banking Companies for 11 - 16 years of experience

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Last Updated: 31 Jan 2025

Companies similar to Kotak Mahindra Bank for Branch Manager and Assistant Vice President in Mumbai

Kotak Mahindra Bank Branch Manager and Assistant Vice President Salary

11 - 16 years exp. (8 salaries)

₹15.2 L/yr - ₹21.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager and Assistant Vice President Salary 12 - 19 years exp. (6 salaries)	₹18.8 L/yr - ₹22 L/yr 10% more
Axis Bank Branch Manager and Assistant Vice President Salary 16 - 20 years exp. (5 salaries)	₹15 L/yr - ₹24 L/yr 7% more
Login to view exact salary
Yes Bank Branch Manager and Assistant Vice President Salary 11 - 15 years exp. (7 salaries)	₹13.3 L/yr - ₹17.8 L/yr 23% less

Branch Manager and Assistant Vice President salary at Kotak Mahindra Bank ranges between ₹15.2 Lakhs to ₹21.8 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Branch Manager and Assistant Vice President salaries in Mumbai

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹30 L/yr
12 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹30.6 L/yr
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13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹18 L/yr
15+ years (4 salaries)	₹17 L/yr - ₹21.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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Assistant Vice President Salary

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Branch Sales Manager Salary

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Area Sales Manager Salary

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Branch Head Salary

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Area Manager Salary

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₹7.05 L/yr - ₹22.92 L/yr

Salary related reviews for Kotak Mahindra Bank

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

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

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

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

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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 Branch Manager and Assistant Vice President Salary FAQs

What is the salary of Branch Manager and Assistant Vice President at Kotak Mahindra Bank Mumbai?

Branch Manager and Assistant Vice President salary at Kotak Mahindra Bank in Mumbai ranges between ₹15.2 Lakhs to ₹21.8 Lakhs for experience between 11 years to 16 years. According to our estimates it is 5% more than the average Branch Manager and Assistant Vice President Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Branch Manager and Assistant Vice President at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a Branch Manager and Assistant Vice President at Kotak Mahindra Bank is 5% more than the average salary of a Branch Manager and Assistant Vice President in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Branch Manager and Assistant Vice President in Mumbai?

HDFC Bank Branch Manager and Assistant Vice President Salary - ₹18.8 Lakhs to ₹22.0 Lakhs per year
Axis Bank Branch Manager and Assistant Vice President Salary - ₹15.0 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Branch Manager and Assistant Vice President in companies similar to Kotak Mahindra Bank in Mumbai?

Yes Bank Branch Manager and Assistant Vice President Salary - ₹13.3 Lakhs to ₹17.8 Lakhs per year

What is the estimated take home salary of a Branch Manager and Assistant Vice President at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Branch Manager and Assistant Vice President at Kotak Mahindra Bank ranges between ₹1,18,081 per month to ₹1,21,387 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Manager and Assistant Vice President salary in India which ranges between ₹15.2 Lakhs to ₹21.8 Lakhs per year for employees with experience between 11 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager and Assistant Vice President at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 88% of the Kotak Mahindra Bank Branch Manager and Assistant Vice Presidents in Mumbai reported a notice period of 3 Months, 12% 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 Branch Manager and Assistant Vice President Salaries in Mumbai

Kotak Mahindra Bank Branch Manager and Assistant Vice President salary in Mumbai ranges between ₹15.2 Lakhs to ₹21.8 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.

Kotak Mahindra Bank Branch Manager and Assistant Vice President salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Branch Manager and Assistant Vice President in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Branch Manager and Assistant Vice President in Mumbai

Experience wise Kotak Mahindra Bank Branch Manager and Assistant Vice President salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Branch Manager in Ahmedabad

Cluster Head in Shivamogga

Operations Manager in Goregaon

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Kotak Mahindra Bank Branch Manager and Assistant Vice President Salary FAQs

Tell us how to improve this page.