Kotak Mahindra Bank Deputy Vice President Salaries by 500+ Employees (Updated 2025)

8 - 22 years exp.

₹12.7 Lakhs - ₹47 Lakhs

Salary of majority employees

17% less than the average Deputy Vice President Salary in Banking Companies for 8 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Vice President Salary 8 - 21 years exp. (135 salaries)	₹16.4 L/yr - ₹41.6 L/yr
Sales & Business Development Deputy Vice President Salary 8 - 22 years exp. (51 salaries)	₹18 L/yr - ₹45 L/yr
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Product Management Deputy Vice President Salary 9 - 21 years exp. (49 salaries)	₹17.5 L/yr - ₹42 L/yr
Finance & Accounting Deputy Vice President Salary 8 - 19 years exp. (29 salaries)	₹12.7 L/yr - ₹38 L/yr
Project & Program Management Deputy Vice President Salary 9 - 21 years exp. (24 salaries)	₹23.4 L/yr - ₹43.2 L/yr

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Last Updated: 22 Mar 2025

Companies similar to Kotak Mahindra Bank for Deputy Vice President

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Vice President Salary 10 - 25 years exp. (910 salaries)	₹19.5 L/yr - ₹57 L/yr 40% more
Axis Bank Deputy Vice President Salary 10 - 25 years exp. (650 salaries)	₹18 L/yr - ₹53 L/yr 30% more
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IndusInd Bank Deputy Vice President Salary 8 - 22 years exp. (406 salaries)	₹13 L/yr - ₹41 L/yr 3% less
RBL Bank Deputy Vice President Salary 9 - 21 years exp. (291 salaries)	₹14 L/yr - ₹38 L/yr 4% less
Bandhan Bank Deputy Vice President Salary 12 - 22 years exp. (114 salaries)	₹14 L/yr - ₹45 L/yr 16% more
Federal Bank Deputy Vice President Salary 11 - 22 years exp. (10 salaries)	₹34 L/yr - ₹44.5 L/yr 39% more
Utkarsh Small Finance Bank Deputy Vice President Salary 18 - 26 years exp. (7 salaries)	₹21 L/yr - ₹35 L/yr 3% more
ICICI Bank Deputy Vice President Salary 7 - 23 years exp. (6 salaries)	₹19 L/yr - ₹38 L/yr At par
Yes Bank Deputy Vice President Salary 9 - 13 years exp. (5 salaries)	₹25 L/yr - ₹37 L/yr 7% more
IDFC FIRST Bank Deputy Vice President Salary 12 - 19 years exp. (5 salaries)	₹28 L/yr - ₹52 L/yr 49% more
Bank of Baroda Deputy Vice President Salary 12 - 17 years exp. (4 salaries)	₹17.2 L/yr - ₹26 L/yr 32% less
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Deputy Vice President salary at Kotak Mahindra Bank ranges between ₹12.7 Lakhs to ₹47 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 512 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Vice President salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
8 years (17 salaries)	₹23.5 L/yr - ₹38 L/yr
9 years (23 salaries)	₹22 L/yr - ₹41.6 L/yr
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10 years (50 salaries)	₹18 L/yr - ₹45 L/yr
11 years (50 salaries)	₹19 L/yr - ₹47 L/yr
12 years (65 salaries)	₹18 L/yr - ₹43.8 L/yr
13 years (38 salaries)	₹17.5 L/yr - ₹42.3 L/yr
14 years (44 salaries)	₹20 L/yr - ₹42 L/yr
15+ years (225 salaries)	₹12.7 L/yr - ₹45 L/yr

View all

From

Deputy Vice President

₹

Lakhs/yr

8 - 22 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Deputy Vice President 8 - 22 years exp.

Vice President 12 - 21 years exp.

51% hike

Senior Vice President 15 - 24 years exp.

31% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Associate Vice President Salary

(1.5k salaries)

₹8.25 L/yr - ₹35 L/yr

Assistant Vice President Salary

(246 salaries)

₹11.29 L/yr - ₹34 L/yr

Deputy Branch Manager Salary

(172 salaries)

₹4.23 L/yr - ₹18 L/yr

Deputy Manager Salary

(11.4k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Regional Head Salary

(16 salaries)

₹16.45 L/yr - ₹43 L/yr

Cluster Head Salary

(51 salaries)

₹4.34 L/yr - ₹16.93 L/yr

Branch Head Salary

(275 salaries)

₹7.9 L/yr - ₹25 L/yr

Senior Branch Manager Salary

(63 salaries)

₹8 L/yr - ₹24.8 L/yr

Regional Manager Salary

(33 salaries)

₹4.62 L/yr - ₹20 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹26 L/yr

Top skills at Kotak Mahindra Bank for Deputy Vice President

Litigation TDS Transfer pricing Compensation and Benefits HRIS Performance Management Direct Tax HR Operations SID

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 55 employees for salary & benefits

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Associate Vice President in Noida

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.

Work satisfaction - Poor

+2 more

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

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at Kotak Mahindra Bank ?

The average salary of a Deputy Vice President at Kotak Mahindra Bank in India typically ranges from ₹12.7 Lakhs to ₹47.0 Lakhs per year, depending on experience (from 8 years to 22 years).

The top 10% of Deputy Vice President at Kotak Mahindra Bank earn more than ₹38.0 Lakhs per year, and the top 1% earn over ₹43.4 Lakhs per year. Deputy Vice President 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 500+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Deputy Vice President at Kotak Mahindra Bank in India?

The estimated take-home salary of a Deputy Vice President at Kotak Mahindra Bank in India typically ranges from ₹1,72,867 to ₹1,79,546 per month. This is based on the average salary range of ₹12.7 Lakhs to ₹47.0 Lakhs per year for employees with experience ranging from 8 years to 22 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 500+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Vice President at Kotak Mahindra Bank ?

To be a Deputy Vice President at Kotak Mahindra Bank in india, the key skills required include:

- Litigation
- TDS
- Transfer pricing
- Compensation and Benefits
- HRIS

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Deputy Vice President in India?

IDFC FIRST Bank	₹28.0 Lakhs to ₹52.0 Lakhs per year
HDFC Bank	₹19.5 Lakhs to ₹57.0 Lakhs per year
Federal Bank	₹34.0 Lakhs to ₹44.5 Lakhs per year
Axis Bank	₹18.0 Lakhs to ₹53.0 Lakhs per year
Bandhan Bank	₹14.0 Lakhs to ₹45.0 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 Deputy Vice President in companies similar to Kotak Mahindra Bank in India?

The salary of a Deputy Vice President at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank	₹25.0 Lakhs to ₹37.0 Lakhs per year
Utkarsh Small Finance Bank	₹21.0 Lakhs to ₹35.0 Lakhs per year
ICICI Bank	₹19.0 Lakhs to ₹38.0 Lakhs per year
IndusInd Bank	₹13.0 Lakhs to ₹41.0 Lakhs per year
RBL Bank	₹14.0 Lakhs to ₹38.0 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 Deputy Vice President at Kotak Mahindra Bank in India?

The salary growth for a Deputy Vice President at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Vice President can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
8 years	₹23.5 Lakhs to ₹38.0 Lakhs per year
9 years	₹22.0 Lakhs to ₹41.6 Lakhs per year
10 years	₹18.0 Lakhs to ₹45.0 Lakhs per year
11 years	₹19.0 Lakhs to ₹47.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Deputy Vice President Salaries

Kotak Mahindra Bank Deputy Vice President salary in India ranges between ₹12.7 Lakhs to ₹47 Lakhs with an average annual salary of ₹. Salary estimates are based on 512 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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Kotak Mahindra Bank Deputy Vice President salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Deputy Vice President

Latest annual salaries shared by Kotak Mahindra Bank Deputy Vice President

Experience wise Kotak Mahindra Bank Deputy Vice President salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Deputy Vice President

Salary related reviews for Kotak Mahindra Bank

Deputy Vice President in Indore

Senior Relationship Manager in Ranchi

Associate Vice President in Noida

Deputy Branch Manager in Ahmedabad

Cluster Head in Shivamogga

Kotak Mahindra Bank Deputy Vice President Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Vice President Salaries by Location