Kotak Mahindra Bank Deputy Vice President Salaries by 400+ Employees (Updated 2025)

8 - 22 years exp.

₹13 Lakhs - ₹48 Lakhs

Salary of majority employees

Fixed (89%)

₹24.4 Lakhs

Variable (11%)

₹3.0 Lakhs

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. (126 salaries)	₹16.4 L/yr - ₹41.6 L/yr
Product Management Deputy Vice President Salary 9 - 21 years exp. (49 salaries)	₹17.5 L/yr - ₹42 L/yr
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Sales & Business Development Deputy Vice President Salary 8 - 22 years exp. (48 salaries)	₹18 L/yr - ₹45 L/yr
Finance & Accounting Deputy Vice President Salary 8 - 19 years exp. (28 salaries)	₹14.5 L/yr - ₹38 L/yr
Project & Program Management Deputy Vice President Salary 9 - 21 years exp. (23 salaries)	₹23.4 L/yr - ₹43.2 L/yr

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Last Updated: 20 Feb 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. (922 salaries)	₹19.5 L/yr - ₹56 L/yr 41% more
ICICI Bank Deputy Vice President Salary 7 - 23 years exp. (6 salaries)	₹19 L/yr - ₹38 L/yr 1% more
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Axis Bank Deputy Vice President Salary 10 - 25 years exp. (646 salaries)	₹18 L/yr - ₹53 L/yr 33% more
State Bank of India Deputy Vice President Salary 9 - 16 years exp. (11 salaries)	₹14 L/yr - ₹21.4 L/yr 35% less
Yes Bank Deputy Vice President Salary 9 - 13 years exp. (5 salaries)	₹25 L/yr - ₹37 L/yr 8% more
IndusInd Bank Deputy Vice President Salary 8 - 22 years exp. (411 salaries)	₹13 L/yr - ₹47 L/yr 3% less
RBL Bank Deputy Vice President Salary 9 - 21 years exp. (291 salaries)	₹15.5 L/yr - ₹38 L/yr 4% less
Bandhan Bank Deputy Vice President Salary 12 - 22 years exp. (104 salaries)	₹15 L/yr - ₹45 L/yr 14% 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 4% more
IDFC FIRST Bank Deputy Vice President Salary 12 - 19 years exp. (5 salaries)	₹28 L/yr - ₹52 L/yr 51% more
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Baroda Global Shared Services Deputy Vice President Salary 16 - 20 years exp. (5 salaries)	₹22 L/yr - ₹28.6 L/yr 1% less
Bank of Baroda Deputy Vice President Salary 12 - 17 years exp. (4 salaries)	₹17.2 L/yr - ₹26 L/yr 31% less

Deputy Vice President salary at Kotak Mahindra Bank ranges between ₹13 Lakhs to ₹48 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 497 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Vice President salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
8 years (16 salaries)	₹23.5 L/yr - ₹38 L/yr
9 years (24 salaries)	₹22 L/yr - ₹41.6 L/yr
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10 years (49 salaries)	₹19 L/yr - ₹45 L/yr
11 years (51 salaries)	₹19 L/yr - ₹47 L/yr
12 years (55 salaries)	₹18 L/yr - ₹43.8 L/yr
13 years (37 salaries)	₹17.5 L/yr - ₹42.3 L/yr
14 years (41 salaries)	₹16.8 L/yr - ₹48 L/yr
15+ years (224 salaries)	₹13 L/yr - ₹45 L/yr

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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.

48% hike

Senior Vice President 15 - 24 years exp.

32% 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

(1.4k salaries)

₹8.25 L/yr - ₹34 L/yr

Assistant Vice President Salary

(233 salaries)

₹11.5 L/yr - ₹36.5 L/yr

Deputy Branch Manager Salary

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Regional Head Salary

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₹9.36 L/yr - ₹27.5 L/yr

Cluster Head Salary

(49 salaries)

₹4.84 L/yr - ₹16.5 L/yr

Branch Head Salary

(274 salaries)

₹7 L/yr - ₹23 L/yr

Senior Branch Manager Salary

(85 salaries)

₹6.75 L/yr - ₹18.6 L/yr

Regional Manager Salary

(29 salaries)

₹6.92 L/yr - ₹21.18 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 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 46 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

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

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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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Deputy Vice President Salary FAQs

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

Deputy Vice President salary at Kotak Mahindra Bank in India ranges between ₹13.0 Lakhs to ₹48.0 Lakhs for experience between 8 years to 22 years. According to our estimates it is 17% less than the average Deputy Vice President Salary in India. Salary estimates are based on 497 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Deputy Vice President at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Deputy Vice President at Kotak Mahindra Bank is 17% less than the average salary of a Deputy Vice President in India. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Vice President at Kotak Mahindra Bank?

Litigation, TDS, Transfer pricing, Compensation and Benefits and HRIS are some of the popular skills required to work as a Deputy Vice President at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Vice President in India?

IDFC FIRST Bank Deputy Vice President Salary - ₹28.0 Lakhs to ₹52.0 Lakhs per year
HDFC Bank Deputy Vice President Salary - ₹19.5 Lakhs to ₹56.0 Lakhs per year
Federal Bank Deputy Vice President Salary - ₹34.0 Lakhs to ₹44.5 Lakhs per year
Axis Bank Deputy Vice President Salary - ₹18.0 Lakhs to ₹53.0 Lakhs per year
Bandhan Bank Deputy Vice President Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a Deputy Vice President in companies similar to Kotak Mahindra Bank in India?

Yes Bank Deputy Vice President Salary - ₹25.0 Lakhs to ₹37.0 Lakhs per year
Utkarsh Small Finance Bank Deputy Vice President Salary - ₹21.0 Lakhs to ₹35.0 Lakhs per year
ICICI Bank Deputy Vice President Salary - ₹19.0 Lakhs to ₹38.0 Lakhs per year
Baroda Global Shared Services Deputy Vice President Salary - ₹22.0 Lakhs to ₹28.6 Lakhs per year
IndusInd Bank Deputy Vice President Salary - ₹13.0 Lakhs to ₹47.0 Lakhs per year

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 ranges between ₹1,71,408 per month to ₹1,78,021 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Vice President salary in India which ranges between ₹13.0 Lakhs to ₹48.0 Lakhs per year for employees with experience between 8 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Deputy Vice President at Kotak Mahindra Bank?

According to AmbitionBox, 87% of the Kotak Mahindra Bank Deputy Vice Presidents reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 508 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Vice President Salaries

Kotak Mahindra Bank Deputy Vice President salary in India ranges between ₹13 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 497 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

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

Associate Vice President in Noida

Deputy Branch Manager in Ahmedabad

Cluster Head in Shivamogga

Assistant Vice President in Ernakulam

Kotak Mahindra Bank Deputy Vice President Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Vice President Salaries by Location