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

15 - 24 years exp.

₹27 Lakhs - ₹80 Lakhs

Salary of majority employees

11% 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. (31 salaries)	₹27 L/yr - ₹73 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: 26 Feb 2025

Companies similar to Kotak Mahindra Bank for Senior Vice President

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Vice President Salary 15 - 27 years exp. (127 salaries)	₹34 L/yr - ₹1.1 Cr/yr 25% more
ICICI Bank Senior Vice President Salary 5 - 22 years exp. (10 salaries)	₹36 L/yr - ₹86 L/yr 6% more
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Axis Bank Senior Vice President Salary 13 - 27 years exp. (225 salaries)	₹33 L/yr - ₹1 Cr/yr 14% more
State Bank of India Senior Vice President Salary 15 - 18 years exp. (3 salaries)	₹51 L/yr - ₹60 L/yr 4% more
Yes Bank Senior Vice President Salary 11 - 23 years exp. (774 salaries)	₹15 L/yr - ₹46 L/yr 40% less
IndusInd Bank Senior Vice President Salary 14 - 26 years exp. (99 salaries)	₹25 L/yr - ₹91.3 L/yr 6% less
IDFC FIRST Bank Senior Vice President Salary 13 - 20 years exp. (52 salaries)	₹28 L/yr - ₹75.8 L/yr 7% less
RBL Bank Senior Vice President Salary 14 - 24 years exp. (37 salaries)	₹37 L/yr - ₹95 L/yr 11% more
Bandhan Bank Senior Vice President Salary 22 - 30 years exp. (10 salaries)	₹45 L/yr - ₹1 Cr/yr 42% more
Jana Small Finance Bank Senior Vice President Salary 10 - 28 years exp. (9 salaries)	₹31 L/yr - ₹76.2 L/yr 15% less
Shinhan Bank Senior Vice President Salary 16 - 24 years exp. (9 salaries)	₹30.5 L/yr - ₹60 L/yr 24% less
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HSBC Global Banking and Markets Senior Vice President Salary 5 - 20 years exp. (4 salaries)	₹50 L/yr - ₹90 L/yr 45% more

Senior Vice President salary at Kotak Mahindra Bank ranges between ₹27 Lakhs to ₹80 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 150 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Vice President salaries

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
15+ years (150 salaries)	₹27 L/yr - ₹80 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

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Salary related reviews for Kotak Mahindra Bank

2.9

Rated by 10 employees for salary & benefits

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

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.

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.

Work satisfaction - Bad

+2 more

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Kotak Mahindra Bank Senior Vice President Salary FAQs

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

Senior Vice President salary at Kotak Mahindra Bank in India ranges between ₹27.0 Lakhs to ₹80.0 Lakhs for experience between 15 years to 24 years. According to our estimates it is 11% less than the average Senior Vice President Salary in India. Salary estimates are based on 150 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Senior Vice President at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Senior Vice President at Kotak Mahindra Bank is 11% less than the average salary of a Senior Vice President in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Vice President in India?

HSBC Global Banking and Markets Senior Vice President Salary - ₹50.0 Lakhs to ₹90.0 Lakhs per year
Bandhan Bank Senior Vice President Salary - ₹45.0 Lakhs to ₹100.0 Lakhs per year
HDFC Bank Senior Vice President Salary - ₹34.0 Lakhs to ₹110.0 Lakhs per year
Axis Bank Senior Vice President Salary - ₹33.0 Lakhs to ₹102.0 Lakhs per year
RBL Bank Senior Vice President Salary - ₹37.0 Lakhs to ₹95.0 Lakhs per year

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

ICICI Bank Senior Vice President Salary - ₹36.0 Lakhs to ₹86.0 Lakhs per year
State Bank of India Senior Vice President Salary - ₹51.0 Lakhs to ₹60.0 Lakhs per year
IndusInd Bank Senior Vice President Salary - ₹25.0 Lakhs to ₹91.3 Lakhs per year
IDFC FIRST Bank Senior Vice President Salary - ₹28.0 Lakhs to ₹75.8 Lakhs per year
Jana Small Finance Bank Senior Vice President Salary - ₹31.0 Lakhs to ₹76.2 Lakhs per year

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 ranges between ₹3,04,737 per month to ₹3,16,808 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Vice President salary in India which ranges between ₹27.0 Lakhs to ₹80.0 Lakhs per year for employees with experience between 15 years to 24 years. Check how did we calculate take home salary?

What is the notice period for Senior Vice President at Kotak Mahindra Bank?

According to AmbitionBox, 95% of the Kotak Mahindra Bank Senior Vice Presidents reported a notice period of 3 Months, 5% reported a notice period of 1 Month.This is based on 91 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Vice President Salaries

Kotak Mahindra Bank Senior Vice President salary in India ranges between ₹27 Lakhs to ₹80 Lakhs with an average annual salary of ₹. Salary estimates are based on 150 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.