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Kotak Mahindra Bank Executive Vice President salaries in Mumbai

Annual salary range
18 - 25 years exp.
₹55 Lakhs - ₹1 Crore
Salary of majority employees
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47% more than the average Executive Vice President Salary in Banking Companies for 18 - 25 years of experience

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Salaries in different departments

Marketing & Communication
Executive Vice President Salary
22 - 25 years exp. (4 salaries)
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₹75 L/yr - ₹95 L/yr

Sales & Business Development
Executive Vice President Salary
23 - 24 years exp. (3 salaries)
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₹64 L/yr - ₹85.1 L/yr

Strategic & Top Management
Executive Vice President Salary
18 - 22 years exp. (3 salaries)
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₹65 L/yr - ₹1 Cr/yr

BFSI, Investments & Trading
Executive Vice President Salary
22 years exp. (AmbitionBox Estimate)
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₹74.8 L/yr - ₹94 L/yr

Last Updated: 9 Feb 2025

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

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Kotak Mahindra Bank Executive Vice President Salary

18 - 25 years exp. (18 salaries)

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₹55 L/yr - ₹1 Cr/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Executive Vice President Salary

18 - 31 years exp. (4 salaries)

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₹85 L/yr - ₹1 Cr/yr

arrow icon 20% more
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Yes Bank Executive Vice President Salary

13 - 25 years exp. (300 salaries)

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₹26.4 L/yr - ₹68 L/yr

arrow icon 38% less
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IndusInd Bank Executive Vice President Salary

15 - 34 years exp. (6 salaries)

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₹54 L/yr - ₹1 Cr/yr

arrow icon 5% more
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Vodafone Idea Executive Vice President Salary

20 - 30 years exp. (10 salaries)

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₹1 Cr/yr - ₹1 Cr/yr

arrow icon 32% more
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YES SECURITIES Executive Vice President Salary

10 - 21 years exp. (9 salaries)

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₹47 L/yr - ₹72 L/yr

arrow icon 28% less
Executive Vice President salary at Kotak Mahindra Bank ranges between ₹55 Lakhs to ₹1 Crore per year for employees with experience between 18 years to 25 years. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank.

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

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25 years exp.
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24 years exp.
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23 years exp.

Experience wise Kotak Mahindra Bank Executive Vice President salaries in Mumbai

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
15+ years  (18 salaries)

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₹55 L/yr - ₹1 Cr/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹8.5 L/yr - ₹34 L/yr
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₹11.5 L/yr - ₹37.95 L/yr
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₹1.05 L/yr - ₹4 L/yr
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₹30 L/yr - ₹80 L/yr
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₹2 L/yr - ₹12 L/yr
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₹4.98 L/yr - ₹16 L/yr
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₹31 L/yr - ₹55 L/yr
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₹4 L/yr - ₹4.38 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 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
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

There is no work pressure its harmful for your future

  • Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Bad

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.

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  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

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  • Skill development - Good
  • +1 more

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.

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  • Work satisfaction - Bad
  • +2 more
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Kotak Mahindra Bank Executive Vice President Salary FAQs

What is the salary of Executive Vice President at Kotak Mahindra Bank Mumbai?
Executive Vice President salary at Kotak Mahindra Bank in Mumbai ranges between ₹55.0 Lakhs to ₹100.0 Lakhs for experience between 18 years to 25 years. According to our estimates it is 47% more than the average Executive Vice President Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Executive Vice President at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Executive Vice President at Kotak Mahindra Bank is 47% more than the average salary of a Executive Vice President in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Executive Vice President in Mumbai?
  • Vodafone Idea Executive Vice President Salary - ₹100.0 Lakhs to ₹102.0 Lakhs per year
  • Axis Bank Executive Vice President Salary - ₹85.0 Lakhs to ₹101.0 Lakhs per year
  • IndusInd Bank Executive Vice President Salary - ₹54.0 Lakhs to ₹101.0 Lakhs per year
What is the salary of a Executive Vice President in companies similar to Kotak Mahindra Bank in Mumbai?
  • YES SECURITIES Executive Vice President Salary - ₹47.0 Lakhs to ₹72.0 Lakhs per year
  • Yes Bank Executive Vice President Salary - ₹26.4 Lakhs to ₹68.0 Lakhs per year
What is the estimated take home salary of a Executive Vice President at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Executive Vice President at Kotak Mahindra Bank ranges between ₹4,25,601 per month to ₹4,38,419 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Executive Vice President salary in India which ranges between ₹55.0 Lakhs to ₹100.0 Lakhs per year for employees with experience between 18 years to 25 years. Check how did we calculate take home salary?
What is the notice period for Executive Vice President at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Executive Vice Presidents in Mumbai reported a notice period of 3 Months.This is based on 14 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Executive Vice President salary in Mumbai ranges between ₹55 Lakhs to ₹1 Crore with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.