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Kotak Mahindra Bank Deputy Vice President salaries in Mumbai

Annual salary range
8 - 22 years exp.
₹16 Lakhs - ₹47 Lakhs
Salary of majority employees
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13% 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. (47 salaries)
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₹16.4 L/yr - ₹40 L/yr

Product Management
Deputy Vice President Salary
9 - 21 years exp. (46 salaries)
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₹19.7 L/yr - ₹46 L/yr

Project & Program Management
Deputy Vice President Salary
9 - 21 years exp. (19 salaries)
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₹23.4 L/yr - ₹43.2 L/yr

Sales & Business Development
Deputy Vice President Salary
9 - 21 years exp. (19 salaries)
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₹18 L/yr - ₹45 L/yr

Finance & Accounting
Deputy Vice President Salary
8 - 19 years exp. (15 salaries)
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₹18 L/yr - ₹31.8 L/yr

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Last Updated: 23 Dec 2024

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

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Kotak Mahindra Bank Deputy Vice President Salary

8 - 22 years exp. (251 salaries)

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₹16 L/yr - ₹47 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Deputy Vice President Salary

10 - 25 years exp. (478 salaries)

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₹20 L/yr - ₹56 L/yr

arrow icon 39% more
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Axis Bank Deputy Vice President Salary

10 - 25 years exp. (362 salaries)

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₹17.9 L/yr - ₹51.6 L/yr

arrow icon 30% more
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Yes Bank Deputy Vice President Salary

9 - 11 years exp. (4 salaries)

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₹26 L/yr - ₹37 L/yr

arrow icon 14% more
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IndusInd Bank Deputy Vice President Salary

8 - 22 years exp. (179 salaries)

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₹15 L/yr - ₹43 L/yr

arrow icon 6% less
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RBL Bank Deputy Vice President Salary

9 - 20 years exp. (151 salaries)

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₹14 L/yr - ₹40 L/yr

arrow icon 9% less
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Bandhan Bank Deputy Vice President Salary

12 - 21 years exp. (11 salaries)

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₹25 L/yr - ₹44.4 L/yr

arrow icon 29% more
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Federal Bank Deputy Vice President Salary

11 - 18 years exp. (7 salaries)

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₹34 L/yr - ₹52 L/yr

arrow icon 45% more
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₹21 L/yr - ₹35 L/yr

arrow icon 2% more
Deputy Vice President salary at Kotak Mahindra Bank ranges between ₹16 Lakhs to ₹47 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 251 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Vice President in Mumbai

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15 years exp.
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14 years exp.
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9 years exp.
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17 years exp.
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14 years exp.
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16 years exp.
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17 years exp.
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9 years exp.
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11 years exp.
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13 years exp.

Experience wise Kotak Mahindra Bank Deputy Vice President salaries in Mumbai

Last Updated: 23 Dec 2024

Experience Avg Annual Salary
8 years  (5 salaries)

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₹23.7 L/yr - ₹36 L/yr
9 years  (18 salaries)

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₹22 L/yr - ₹40 L/yr
10 years  (29 salaries)

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₹21 L/yr - ₹45 L/yr
11 years  (27 salaries)

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₹20 L/yr - ₹47 L/yr
12 years  (31 salaries)

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₹18 L/yr - ₹44 L/yr
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Kotak Mahindra Bank Deputy Vice President Salary and Career Growth

From

To

Deputy Vice President

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8 - 22 years exp.

Senior Vice President

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16 - 23 years exp.

Deputy Vice President 8 - 22 years exp.
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Vice President 12 - 21 years exp.
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arrow icon 44% hike
    Senior Vice President 16 - 23 years exp.
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    arrow icon 34% 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
    (3.3k salaries)
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    ₹1.65 L/yr - ₹8 L/yr
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    ₹10 L/yr - ₹40 L/yr
    Branch Manager Salary
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    Branch Head Salary
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    ₹7.5 L/yr - ₹25 L/yr
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    ₹7 L/yr - ₹17.38 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

    3.3

    Rated by 23 employees for salary & benefits

    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.

    read more

    Full Time

     · 

    Sales & Business Development Department

    5.0
      •  posted on 22 Nov 2024

    2.0
     for  Salary and Benefits

    Likes

    Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

    Dislikes

    ...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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    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

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    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

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    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.

    read more

    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.

    read more

    Dislikes

    Salary, promortion - these are the worst over here.

    see more salary related reviews

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    Kotak Mahindra Bank Deputy Vice President Salary FAQs

    What is the salary of Deputy Vice President at Kotak Mahindra Bank Mumbai?
    Deputy Vice President salary at Kotak Mahindra Bank in Mumbai ranges between ₹16.0 Lakhs to ₹47.0 Lakhs for experience between 8 years to 22 years. According to our estimates it is 13% less than the average Deputy Vice President Salary in India. Salary estimates are based on 251 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
    How does the salary of a Deputy Vice President at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
    The average salary of a Deputy Vice President at Kotak Mahindra Bank is 13% less than the average salary of a Deputy Vice President in Mumbai. 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 Mumbai.
    Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Vice President in Mumbai?
    • Federal Bank Deputy Vice President Salary - ₹34.0 Lakhs to ₹52.0 Lakhs per year
    • HDFC Bank Deputy Vice President Salary - ₹20.0 Lakhs to ₹56.0 Lakhs per year
    • Axis Bank Deputy Vice President Salary - ₹17.9 Lakhs to ₹51.6 Lakhs per year
    • Bandhan Bank Deputy Vice President Salary - ₹25.0 Lakhs to ₹44.4 Lakhs per year
    • Yes Bank Deputy Vice President Salary - ₹26.0 Lakhs to ₹37.0 Lakhs per year
    What is the salary of a Deputy Vice President in companies similar to Kotak Mahindra Bank in Mumbai?
    • Utkarsh Small Finance Bank Deputy Vice President Salary - ₹21.0 Lakhs to ₹35.0 Lakhs per year
    • IndusInd Bank Deputy Vice President Salary - ₹15.0 Lakhs to ₹43.0 Lakhs per year
    • RBL Bank Deputy Vice President Salary - ₹14.0 Lakhs to ₹40.0 Lakhs per year
    What is the estimated take home salary of a Deputy Vice President at Kotak Mahindra Bank in Mumbai?
    The estimated take-home salary of a Deputy Vice President at Kotak Mahindra Bank ranges between ₹1,77,309 per month to ₹1,84,189 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Vice President salary in India which ranges between ₹16.0 Lakhs to ₹47.0 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 in Mumbai?
    According to AmbitionBox, 86% of the Kotak Mahindra Bank Deputy Vice Presidents in Mumbai reported a notice period of 3 Months, 5% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 256 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Kotak Mahindra Bank Deputy Vice President salary in Mumbai ranges between ₹16 Lakhs to ₹47 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 251 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.