Kotak Mahindra Bank Chennai Senior Vice President Salaries by 4 Employees (Updated 2025)

16 - 22 years exp.

₹46 Lakhs - ₹80 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% more than the average Senior Vice President Salary in Banking Companies for 16 - 22 years of experience

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Last Updated: 11 Jan 2025

Companies similar to Kotak Mahindra Bank for Senior Vice President in Chennai

Kotak Mahindra Bank Senior Vice President Salary

16 - 22 years exp. (4 salaries)

₹46 L/yr - ₹80 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Vice President Salary 12 - 22 years exp. (29 salaries)	₹22 L/yr - ₹41 L/yr 46% less
HDFC Bank Senior Vice President Salary 21 - 27 years exp. (12 salaries)	₹60 L/yr - ₹1 Cr/yr 23% more
Login to view exact salary
IndusInd Bank Senior Vice President Salary 15 - 26 years exp. (6 salaries)	₹35.7 L/yr - ₹83 L/yr 23% less
Citicorp Senior Vice President Salary 14 - 24 years exp. (51 salaries)	₹50 L/yr - ₹1 Cr/yr 28% more
BNY Senior Vice President Salary 15 - 22 years exp. (22 salaries)	₹45 L/yr - ₹75 L/yr 4% less	1 job opening

Senior Vice President salary at Kotak Mahindra Bank ranges between ₹46 Lakhs to ₹80 Lakhs per year for employees with experience between 16 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Vice President salaries in Chennai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹46 L/yr - ₹80 L/yr
Login to view exact salary

Similar Designation salaries in Kotak Mahindra Bank

Associate Vice President Salary

(47 salaries)

₹12 L/yr - ₹33.03 L/yr

Branch Manager Salary

(35 salaries)

₹9 L/yr - ₹27 L/yr

Assistant Vice President Salary

(9 salaries)

₹11.5 L/yr - ₹25 L/yr

Branch Head Salary

(8 salaries)

₹7.4 L/yr - ₹20 L/yr

Senior Operations Manager Salary

(3 salaries)

₹7.35 L/yr - ₹14 L/yr

Salary related reviews for Kotak Mahindra Bank

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

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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 in Chennai?

The average salary of a Senior Vice President at Kotak Mahindra Bank in Chennai typically ranges from ₹46.0 Lakhs to ₹80.0 Lakhs per year, depending on experience (from 16 years to 22 years).

The top 10% of Senior Vice President in Chennai at Kotak Mahindra Bank earn more than ₹80.0 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 4 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Senior Vice President at Kotak Mahindra Bank in Chennai typically ranges from ₹3,34,476 to ₹3,46,730 per month. This is based on the average salary range of ₹46.0 Lakhs to ₹80.0 Lakhs per year for employees with experience ranging from 16 years to 22 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 4 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?

Citicorp	₹50.0 Lakhs to ₹100.0 Lakhs per year
HDFC Bank	₹60.0 Lakhs to ₹100.0 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 Chennai?

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

BNY	₹45.0 Lakhs to ₹75.0 Lakhs per year
IndusInd Bank	₹35.7 Lakhs to ₹83.0 Lakhs per year
Yes Bank	₹22.0 Lakhs to ₹41.0 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 Chennai?

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

Experience	Average Salary Range
15 years	₹46.0 Lakhs to ₹80.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Vice President Salaries in Chennai

Kotak Mahindra Bank Senior Vice President salary in Chennai ranges between ₹46 Lakhs to ₹80 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.