Kotak Mahindra Bank Senior Vice President Salaries by 100+ Employees (Updated 2025)

15 - 24 years exp.

₹30 Lakhs - ₹80 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% less than the average Senior Vice President Salary in Banking Companies for 15 - 24 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Vice President Salary 15 - 24 years exp. (30 salaries)	₹30 L/yr - ₹80 L/yr
Strategic & Top Management Senior Vice President Salary 15 - 24 years exp. (12 salaries)	₹30 L/yr - ₹73 L/yr
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Sales & Business Development Senior Vice President Salary 16 - 24 years exp. (9 salaries)	₹33 L/yr - ₹75 L/yr
Customer Success, Service & Operations Senior Vice President Salary 15 - 24 years exp. (7 salaries)	₹36 L/yr - ₹66 L/yr
Risk Management & Compliance Senior Vice President Salary 16 - 22 years exp. (7 salaries)	₹40 L/yr - ₹56 L/yr

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Last Updated: 4 Apr 2025

Companies similar to Kotak Mahindra Bank for Senior Vice President

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Vice President Salary 10 - 23 years exp. (810 salaries)	₹15 L/yr - ₹45 L/yr 41% less
Axis Bank Senior Vice President Salary 13 - 27 years exp. (240 salaries)	₹33 L/yr - ₹1 Cr/yr 15% more
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HDFC Bank Senior Vice President Salary 15 - 27 years exp. (130 salaries)	₹34 L/yr - ₹1.1 Cr/yr 24% more
IndusInd Bank Senior Vice President Salary 12 - 26 years exp. (102 salaries)	₹25 L/yr - ₹79.4 L/yr 12% less
IDFC FIRST Bank Senior Vice President Salary 13 - 20 years exp. (50 salaries)	₹28 L/yr - ₹93.5 L/yr 6% less
RBL Bank Senior Vice President Salary 14 - 24 years exp. (38 salaries)	₹37 L/yr - ₹95 L/yr 7% more
ICICI Bank Senior Vice President Salary 10 - 28 years exp. (6 salaries)	₹37 L/yr - ₹86 L/yr 4% less
Bandhan Bank Senior Vice President Salary 22 - 30 years exp. (10 salaries)	₹45 L/yr - ₹1 Cr/yr 50% more
Jana Small Finance Bank Senior Vice President Salary 10 - 28 years exp. (9 salaries)	₹31 L/yr - ₹76.2 L/yr 17% less
Shinhan Bank Senior Vice President Salary 16 - 24 years exp. (9 salaries)	₹30.5 L/yr - ₹60 L/yr 25% less
HSBC Global Banking and Markets Senior Vice President Salary 5 - 20 years exp. (4 salaries)	₹50 L/yr - ₹90 L/yr 42% more
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Senior Vice President salary at Kotak Mahindra Bank ranges between ₹30 Lakhs to ₹80 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 149 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Vice President

1d ago

₹50 Lakhs

15 years exp.

2w ago

₹70 Lakhs

17 years exp.

2w ago

₹55 Lakhs

17 years exp.

4w ago

₹43 Lakhs

23 years exp.

1mo ago

₹50 Lakhs

24 years exp.

1mo ago

21 years exp.

1mo ago

24 years exp.

2mo ago

20 years exp.

2mo ago

19 years exp.

2mo ago

15 years exp.

Experience wise Kotak Mahindra Bank Senior Vice President salaries

Last Updated: 4 Apr 2025

Experience	Avg Annual Salary
15+ years (149 salaries)	₹30 L/yr - ₹80 L/yr
Login to view exact salary

Similar Designation salaries in Kotak Mahindra Bank

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₹30.15 L/yr - ₹55 L/yr

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₹7 L/yr - ₹30 L/yr

Salary related reviews for Kotak Mahindra Bank

2.9

Rated by 10 employees for salary & benefits

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 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

Operations Manager in Goregaon

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

Salary - Bad

+5 more

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

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.

Salary - Bad

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Senior Vice President Salary FAQs

What is the salary of Senior Vice President at Kotak Mahindra Bank ?

The average salary of a Senior Vice President at Kotak Mahindra Bank in India typically ranges from ₹30.0 Lakhs to ₹80.0 Lakhs per year, depending on experience (from 15 years to 24 years).

The top 10% of Senior Vice President at Kotak Mahindra Bank earn more than ₹71.2 Lakhs per year, and the top 1% earn over ₹80.0 Lakhs per year. Senior Vice President Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Senior Vice President at Kotak Mahindra Bank in India?

The estimated take-home salary of a Senior Vice President at Kotak Mahindra Bank in India typically ranges from ₹3,10,891 to ₹3,23,000 per month. This is based on the average salary range of ₹30.0 Lakhs to ₹80.0 Lakhs per year for employees with experience ranging from 15 years to 24 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Senior Vice President in India?

Bandhan Bank	₹45.0 Lakhs to ₹100.0 Lakhs per year
HSBC Global Banking and Markets	₹50.0 Lakhs to ₹90.0 Lakhs per year
HDFC Bank	₹34.0 Lakhs to ₹110.0 Lakhs per year
Axis Bank	₹33.0 Lakhs to ₹101.7 Lakhs per year
RBL Bank	₹37.0 Lakhs to ₹95.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

What is the salary of a Senior Vice President in companies similar to Kotak Mahindra Bank in India?

The salary of a Senior Vice President at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹37.0 Lakhs to ₹86.0 Lakhs per year
IDFC FIRST Bank	₹28.0 Lakhs to ₹93.5 Lakhs per year
IndusInd Bank	₹25.0 Lakhs to ₹79.4 Lakhs per year
Jana Small Finance Bank	₹31.0 Lakhs to ₹76.2 Lakhs per year
Shinhan Bank	₹30.5 Lakhs to ₹60.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Vice President at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
15 years	₹30.0 Lakhs to ₹80.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Vice President Salaries

Kotak Mahindra Bank Senior Vice President salary in India ranges between ₹30 Lakhs to ₹80 Lakhs with an average annual salary of ₹. Salary estimates are based on 149 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.