Kotak Mahindra Bank New Delhi Senior Vice President Salaries by 20+ Employees (Updated 2025)

15 - 24 years exp.

₹35 Lakhs - ₹75 Lakhs

Salary of majority employees

At par with 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 - 22 years exp. (5 salaries)	₹40 L/yr - ₹50 L/yr
Marketing & Communication Senior Vice President Salary 17 - 19 years exp. (3 salaries)	₹45 L/yr - ₹75 L/yr
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Customer Success, Service & Operations Senior Vice President Salary 15 - 20 years exp. (AmbitionBox Estimate)	₹36 L/yr - ₹55.3 L/yr
Strategic & Top Management Senior Vice President Salary 16 - 20 years exp. (AmbitionBox Estimate)	₹43.5 L/yr - ₹65 L/yr
Finance & Accounting Senior Vice President Salary 19 years exp. (AmbitionBox Estimate)	₹50 L/yr - ₹55.4 L/yr

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Last Updated: 25 Dec 2024

Companies similar to Kotak Mahindra Bank for Senior Vice President in New Delhi

Kotak Mahindra Bank Senior Vice President Salary

15 - 24 years exp. (27 salaries)

₹35 L/yr - ₹75 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Vice President Salary 15 - 22 years exp. (5 salaries)	₹37 L/yr - ₹1 Cr/yr 14% more
Axis Bank Senior Vice President Salary 14 - 26 years exp. (18 salaries)	₹40 L/yr - ₹98 L/yr 17% more
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Yes Bank Senior Vice President Salary 11 - 22 years exp. (127 salaries)	₹20 L/yr - ₹45 L/yr 41% less
IndusInd Bank Senior Vice President Salary 16 - 25 years exp. (7 salaries)	₹32 L/yr - ₹47 L/yr 23% less
RBL Bank Senior Vice President Salary 15 - 21 years exp. (5 salaries)	₹50 L/yr - ₹93 L/yr 32% more
IDFC FIRST Bank Senior Vice President Salary 15 - 20 years exp. (4 salaries)	₹34 L/yr - ₹43 L/yr 24% less

Senior Vice President salary at Kotak Mahindra Bank ranges between ₹35 Lakhs to ₹75 Lakhs per year for employees with experience between 15 years to 24 years. Salary estimates are based on 27 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Vice President salaries in New Delhi

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
15+ years (27 salaries)	₹35 L/yr - ₹75 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Associate Vice President Salary

(183 salaries)

₹11.47 L/yr - ₹33.5 L/yr

Branch Manager Salary

(124 salaries)

₹8 L/yr - ₹25 L/yr

Branch Head Salary

(14 salaries)

₹13.45 L/yr - ₹22 L/yr

Assistant Vice President Salary

(12 salaries)

₹11 L/yr - ₹30 L/yr

Associate Director Salary

(6 salaries)

₹30.15 L/yr - ₹45.5 L/yr

Senior Operations Manager Salary

(5 salaries)

₹5.5 L/yr - ₹13.5 L/yr

General Manager Salary

(3 salaries)

₹20.59 L/yr - ₹24 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 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.

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

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

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Senior Vice President Salary FAQs

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

Senior Vice President salary at Kotak Mahindra Bank in New Delhi ranges between ₹35.0 Lakhs to ₹75.0 Lakhs for experience between 15 years to 24 years. According to our estimates it is 4% more than the average Senior Vice President Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

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

The average salary of a Senior Vice President at Kotak Mahindra Bank is 4% more than the average salary of a Senior Vice President in New Delhi. To know exact salary insights, login to view.

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

RBL Bank Senior Vice President Salary - ₹50.0 Lakhs to ₹93.0 Lakhs per year
Axis Bank Senior Vice President Salary - ₹40.0 Lakhs to ₹98.0 Lakhs per year
HDFC Bank Senior Vice President Salary - ₹37.0 Lakhs to ₹102.0 Lakhs per year

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

IndusInd Bank Senior Vice President Salary - ₹32.0 Lakhs to ₹47.0 Lakhs per year
IDFC FIRST Bank Senior Vice President Salary - ₹34.0 Lakhs to ₹43.0 Lakhs per year
Yes Bank Senior Vice President Salary - ₹20.0 Lakhs to ₹45.0 Lakhs per year

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

The estimated take-home salary of a Senior Vice President at Kotak Mahindra Bank ranges between ₹3,02,064 per month to ₹3,14,119 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Vice President salary in India which ranges between ₹35.0 Lakhs to ₹75.0 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 in New Delhi?

According to AmbitionBox, 83% of the Kotak Mahindra Bank Senior Vice Presidents in New Delhi reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 12 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Vice President Salaries in New Delhi

Kotak Mahindra Bank Senior Vice President salary in New Delhi ranges between ₹35 Lakhs to ₹75 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.