Kotak Mahindra Bank Mumbai Deputy Vice President IT Salaries by 5 Employees (Updated 2025)

16 - 18 years exp.

₹33 Lakhs - ₹46 Lakhs

Salary of majority employees

11% more than the average Deputy Vice President IT Salary in Banking Companies for 16 - 18 years of experience

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Salaries in different departments

IT & Information Security Deputy Vice President IT Salary 17 - 18 years exp. (3 salaries)	₹33 L/yr - ₹40 L/yr
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BFSI, Investments & Trading Deputy Vice President IT Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹41.7 L/yr - ₹46 L/yr

Last Updated: 26 Sep 2024

Companies similar to Kotak Mahindra Bank for Deputy Vice President IT in Mumbai

Kotak Mahindra Bank Deputy Vice President IT Salary

16 - 18 years exp. (5 salaries)

₹33 L/yr - ₹46 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Vice President IT Salary 14 - 18 years exp. (11 salaries)	₹36 L/yr - ₹48 L/yr 7% more
Axis Bank Deputy Vice President IT Salary 12 - 19 years exp. (7 salaries)	₹21.6 L/yr - ₹55 L/yr 15% less
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RBL Bank Deputy Vice President IT Salary 16 - 20 years exp. (4 salaries)	₹23.8 L/yr - ₹26.9 L/yr 35% less
Edelweiss Life Insurance Deputy Vice President IT Salary 16 - 22 years exp. (3 salaries)	₹38 L/yr - ₹41 L/yr 2% less
ManipalCigna Health Insurance Deputy Vice President IT Salary 18 - 20 years exp. (3 salaries)	₹27.9 L/yr - ₹35.7 L/yr 22% less

Deputy Vice President IT salary at Kotak Mahindra Bank ranges between ₹33 Lakhs to ₹46 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Vice President IT salaries in Mumbai

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹33 L/yr - ₹46 L/yr
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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 employees for salary & benefits

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

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

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 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

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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 Deputy Vice President IT Salary FAQs

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

Deputy Vice President IT salary at Kotak Mahindra Bank in Mumbai ranges between ₹33.0 Lakhs to ₹46.0 Lakhs for experience between 16 years to 18 years. According to our estimates it is 11% more than the average Deputy Vice President IT Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Deputy Vice President IT at Kotak Mahindra Bank is 11% more than the average salary of a Deputy Vice President IT in Mumbai. To know exact salary insights, login to view.

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

HDFC Bank Deputy Vice President IT Salary - ₹36.0 Lakhs to ₹48.0 Lakhs per year

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

Edelweiss Life Insurance Deputy Vice President IT Salary - ₹38.0 Lakhs to ₹41.0 Lakhs per year
Axis Bank Deputy Vice President IT Salary - ₹21.6 Lakhs to ₹55.0 Lakhs per year
ManipalCigna Health Insurance Deputy Vice President IT Salary - ₹27.9 Lakhs to ₹35.7 Lakhs per year
RBL Bank Deputy Vice President IT Salary - ₹23.8 Lakhs to ₹26.9 Lakhs per year

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

The estimated take-home salary of a Deputy Vice President IT at Kotak Mahindra Bank ranges between ₹2,36,795 per month to ₹2,46,365 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Vice President IT salary in India which ranges between ₹33.0 Lakhs to ₹46.0 Lakhs per year for employees with experience between 16 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Kotak Mahindra Bank Deputy Vice President ITs in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Vice President IT Salaries in Mumbai

Kotak Mahindra Bank Deputy Vice President IT salary in Mumbai ranges between ₹33 Lakhs to ₹46 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.