Kotak Mahindra Bank Chennai DVP Salaries by 3 Employees (Updated 2025)

11 - 16 years exp.

₹20 Lakhs - ₹34.8 Lakhs

Low Confidence

Salary of majority employees

18% less than the average DVP Salary in Banking Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading DVP Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹34.8 L/yr
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Customer Success, Service & Operations DVP Salary 16 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹20.6 L/yr

Last Updated: 5 Jan 2025

Companies similar to Kotak Mahindra Bank for DVP in Chennai

Kotak Mahindra Bank DVP Salary

11 - 16 years exp. (3 salaries)

₹20 L/yr - ₹34.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank DVP Salary 14 - 21 years exp. (7 salaries)	₹14.2 L/yr - ₹27.5 L/yr At par
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HDFC Bank DVP Salary 13 - 23 years exp. (4 salaries)	₹35 L/yr - ₹45 L/yr 54% more

DVP salary at Kotak Mahindra Bank ranges between ₹20 Lakhs to ₹34.8 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank DVP salaries in Chennai

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹34.8 L/yr
12 years (AmbitionBox Estimate)	₹20 L/yr - ₹45.2 L/yr
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13 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.7 L/yr
14 years (AmbitionBox Estimate)	₹22.4 L/yr - ₹28.6 L/yr
15+ years (AmbitionBox Estimate)	₹20 L/yr - ₹44 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

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

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Skill development - Excellent

+4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

Salary - Bad

+1 more

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Kotak Mahindra Bank DVP Salary FAQs

How the salary growth look like for a DVP at Kotak Mahindra Bank in Chennai?

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

Experience	Average Salary Range
11 years	₹10.1 Lakhs to ₹34.8 Lakhs per year
12 years	₹20.0 Lakhs to ₹45.2 Lakhs per year
13 years	₹22.5 Lakhs to ₹28.7 Lakhs per year
14 years	₹22.4 Lakhs to ₹28.6 Lakhs per year

and so on.

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Kotak Mahindra Bank DVP Salaries in Chennai

Kotak Mahindra Bank DVP salary in Chennai ranges between ₹20 Lakhs to ₹34.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.