Kotak Mahindra Bank Bangalore / Bengaluru Deputy Vice President Salaries by 20+ Employees (Updated 2024)

10 - 18 years exp.

₹20.6 Lakhs - ₹42.5 Lakhs

Salary of majority employees

9% less than the average Deputy Vice President Salary in Banking Companies for 10 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Vice President Salary 10 - 18 years exp. (13 salaries)	₹21 L/yr - ₹33 L/yr
Data Science & Analytics Deputy Vice President Salary 10 - 14 years exp. (4 salaries)	₹28.7 L/yr - ₹41.4 L/yr
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Sales & Business Development Deputy Vice President Salary 15 years exp. (AmbitionBox Estimate)	₹20.6 L/yr - ₹31 L/yr

Last Updated: 17 Dec 2024

Companies similar to Kotak Mahindra Bank for Deputy Vice President in Bangalore / Bengaluru

Kotak Mahindra Bank Deputy Vice President Salary

10 - 18 years exp. (26 salaries)

₹20.6 L/yr - ₹42.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Vice President Salary 10 - 23 years exp. (67 salaries)	₹24 L/yr - ₹55 L/yr 32% more
Axis Bank Deputy Vice President Salary 10 - 24 years exp. (59 salaries)	₹18 L/yr - ₹51 L/yr 21% more
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IndusInd Bank Deputy Vice President Salary 10 - 22 years exp. (23 salaries)	₹16 L/yr - ₹34 L/yr 13% less
RBL Bank Deputy Vice President Salary 11 - 21 years exp. (14 salaries)	₹16 L/yr - ₹30 L/yr 15% less
Bandhan Bank Deputy Vice President Salary 16 - 20 years exp. (3 salaries)	₹33 L/yr - ₹37.4 L/yr 21% more

Deputy Vice President salary at Kotak Mahindra Bank ranges between ₹20.6 Lakhs to ₹42.5 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Deputy Vice President salaries in Bangalore / Bengaluru

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
10 years (5 salaries)	₹25.8 L/yr - ₹40 L/yr
11 years (3 salaries)	₹29 L/yr - ₹34 L/yr
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12 years (6 salaries)	₹26 L/yr - ₹42.5 L/yr
13 years (3 salaries)	₹21 L/yr - ₹38 L/yr
14 years (AmbitionBox Estimate)	₹27.6 L/yr - ₹41 L/yr
15+ years (7 salaries)	₹20.6 L/yr - ₹30 L/yr

View all

From

Deputy Vice President

₹

Lakhs/yr

8 - 22 years exp.

Senior Vice President

₹

Lakhs/yr

16 - 25 years exp.

Deputy Vice President 8 - 22 years exp.

Vice President 12 - 21 years exp.

44% hike

Senior Vice President 16 - 25 years exp.

35% 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

Deputy Manager Salary

(1.5k salaries)

₹2 L/yr - ₹7.8 L/yr

Branch Manager Salary

(127 salaries)

₹7 L/yr - ₹24 L/yr

Associate Vice President Salary

(111 salaries)

₹10.82 L/yr - ₹36 L/yr

Branch Head Salary

(27 salaries)

₹9.2 L/yr - ₹22 L/yr

Assistant Vice President Salary

(27 salaries)

₹12 L/yr - ₹32.66 L/yr

Deputy Branch Manager Salary

(12 salaries)

₹7.5 L/yr - ₹15.5 L/yr

Senior Branch Manager Salary

(9 salaries)

₹8.5 L/yr - ₹24.3 L/yr

Cluster Head Salary

(6 salaries)

₹5.44 L/yr - ₹18 L/yr

Regional Manager Salary

(3 salaries)

₹9.59 L/yr - ₹21 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 2 employees for salary & benefits

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

2 participants . expiring in 2w

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Kotak Mahindra Bank Deputy Vice President Salary FAQs

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

Deputy Vice President salary at Kotak Mahindra Bank in Bangalore / Bengaluru ranges between ₹20.6 Lakhs to ₹42.5 Lakhs for experience between 10 years to 18 years. According to our estimates it is 9% less than the average Deputy Vice President Salary in India. Salary estimates are based on 26 latest salaries received from various employees of Kotak Mahindra Bank Bangalore / Bengaluru.

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

The average salary of a Deputy Vice President at Kotak Mahindra Bank is 9% less than the average salary of a Deputy Vice President in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

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

HDFC Bank Deputy Vice President Salary - ₹24.0 Lakhs to ₹55.0 Lakhs per year
Bandhan Bank Deputy Vice President Salary - ₹33.0 Lakhs to ₹37.4 Lakhs per year
Axis Bank Deputy Vice President Salary - ₹18.0 Lakhs to ₹51.0 Lakhs per year

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

IndusInd Bank Deputy Vice President Salary - ₹16.0 Lakhs to ₹34.0 Lakhs per year
RBL Bank Deputy Vice President Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year

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

The estimated take-home salary of a Deputy Vice President at Kotak Mahindra Bank ranges between ₹1,81,963 per month to ₹1,89,054 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Vice President salary in India which ranges between ₹20.6 Lakhs to ₹42.5 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Deputy Vice President at Kotak Mahindra Bank in Bangalore / Bengaluru?

According to AmbitionBox, 80% of the Kotak Mahindra Bank Deputy Vice Presidents in Bangalore / Bengaluru reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Deputy Vice President Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Deputy Vice President salary in Bangalore / Bengaluru ranges between ₹20.6 Lakhs to ₹42.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Deputy Vice President salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Deputy Vice President in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Deputy Vice President in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Deputy Vice President salaries in Bangalore / Bengaluru

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Deputy Vice President

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Deputy Vice President Salary FAQs

Tell us how to improve this page.