Kotak Mahindra Bank Vice President Salaries by 400+ Employees (Updated 2025)

12 - 21 years exp.

₹20 Lakhs - ₹66 Lakhs

Salary of majority employees

15% less than the average Vice President Salary in Banking Companies for 12 - 21 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Vice President Salary 12 - 21 years exp. (117 salaries)	₹20 L/yr - ₹66 L/yr
Sales & Business Development Vice President Salary 12 - 21 years exp. (35 salaries)	₹24 L/yr - ₹50 L/yr
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Product Management Vice President Salary 12 - 21 years exp. (23 salaries)	₹26 L/yr - ₹50 L/yr
Strategic & Top Management Vice President Salary 12 - 20 years exp. (21 salaries)	₹25 L/yr - ₹50.5 L/yr
Risk Management & Compliance Vice President Salary 12 - 20 years exp. (19 salaries)	₹24.5 L/yr - ₹65 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to Kotak Mahindra Bank for Vice President

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President Salary 8 - 23 years exp. (1.3k salaries)	₹11 L/yr - ₹35 L/yr 41% less	1 job opening
Axis Bank Vice President Salary 10 - 26 years exp. (881 salaries)	₹19 L/yr - ₹70 L/yr At par	1 job opening
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HDFC Bank Vice President Salary 13 - 25 years exp. (302 salaries)	₹25 L/yr - ₹69 L/yr 17% more	1 job opening
IDFC FIRST Bank Vice President Salary 11 - 22 years exp. (272 salaries)	₹18 L/yr - ₹62 L/yr 1% more
RBL Bank Vice President Salary 12 - 22 years exp. (248 salaries)	₹20 L/yr - ₹55 L/yr 3% less
IndusInd Bank Vice President Salary 11 - 22 years exp. (212 salaries)	₹18 L/yr - ₹53 L/yr 8% less
Shinhan Bank Vice President Salary 10 - 20 years exp. (47 salaries)	₹18 L/yr - ₹31 L/yr 41% less
Bandhan Bank Vice President Salary 16 - 25 years exp. (40 salaries)	₹20 L/yr - ₹56 L/yr At par
Jana Small Finance Bank Vice President Salary 14 - 23 years exp. (33 salaries)	₹13.9 L/yr - ₹37.1 L/yr 32% less
HSBC Global Banking and Markets Vice President Salary 8 - 19 years exp. (28 salaries)	₹19 L/yr - ₹72.8 L/yr 5% more
ICICI Bank Vice President Salary 3 - 15 years exp. (20 salaries)	₹20 L/yr - ₹55 L/yr 9% less
Login to view exact salary
Barclays Investment Bank Vice President Salary 8 - 19 years exp. (17 salaries)	₹32 L/yr - ₹56 L/yr 14% more
Chase Bank Vice President Salary 13 - 18 years exp. (13 salaries)	₹35 L/yr - ₹70 L/yr 26% more
Federal Bank Vice President Salary 18 - 31 years exp. (6 salaries)	₹30 L/yr - ₹55 L/yr 9% more
Bank of Baroda Vice President Salary 10 - 18 years exp. (4 salaries)	₹32 L/yr - ₹50 L/yr 7% less
Paytm Payments Bank Vice President Salary 15 - 19 years exp. (4 salaries)	₹90 L/yr - ₹1 Cr/yr 136% more
Utkarsh Small Finance Bank Vice President Salary 16 - 30 years exp. (3 salaries)	₹35 L/yr - ₹65 L/yr 20% more

Vice President salary at Kotak Mahindra Bank ranges between ₹20 Lakhs to ₹66 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 433 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
12 years (36 salaries)	₹23.7 L/yr - ₹55 L/yr
13 years (43 salaries)	₹21.7 L/yr - ₹55.1 L/yr
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14 years (60 salaries)	₹22 L/yr - ₹60 L/yr
15+ years (294 salaries)	₹20 L/yr - ₹66 L/yr

From

Vice President

12 - 21 years exp.

Senior Vice President

15 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Senior Vice President Salary

(147 salaries)

₹30 L/yr - ₹80 L/yr

Associate Vice President Salary

(1.5k salaries)

₹9.7 L/yr - ₹36 L/yr

Assistant Vice President Salary

(246 salaries)

₹11.29 L/yr - ₹34 L/yr

Director Salary

(3 salaries)

₹51 L/yr - ₹94 L/yr

Vice President Operations Salary

(13 salaries)

₹24 L/yr - ₹67 L/yr

Head Operations Salary

(7 salaries)

₹4 L/yr - ₹12 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

Branch Head Salary

(276 salaries)

₹7.9 L/yr - ₹25 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹26 L/yr

Top skills at Kotak Mahindra Bank for Vice President

MA Financial Due Diligence Simulation Compensation Management Data Analytics

Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 30 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 Vice President Salary FAQs

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

The average salary of a Vice President at Kotak Mahindra Bank in India typically ranges from ₹20.0 Lakhs to ₹66.0 Lakhs per year, depending on experience (from 12 years to 21 years).

The top 10% of Vice President at Kotak Mahindra Bank earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. 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 400+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Vice President at Kotak Mahindra Bank in India typically ranges from ₹2,44,048 to ₹2,53,946 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹66.0 Lakhs per year for employees with experience ranging from 12 years to 21 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 400+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Vice President at Kotak Mahindra Bank ?

To be a Vice President at Kotak Mahindra Bank in india, the key skills required include:

- MA
- Financial Due Diligence
- Simulation
- Compensation Management
- Data Analytics

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

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

Paytm Payments Bank	₹90.0 Lakhs to ₹101.0 Lakhs per year
Chase Bank	₹35.0 Lakhs to ₹70.0 Lakhs per year
Utkarsh Small Finance Bank	₹35.0 Lakhs to ₹65.0 Lakhs per year
HDFC Bank	₹25.0 Lakhs to ₹69.0 Lakhs per year
Barclays Investment Bank	₹32.0 Lakhs to ₹56.0 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 Vice President in companies similar to Kotak Mahindra Bank in India?

The salary of a 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:

Federal Bank	₹30.0 Lakhs to ₹55.0 Lakhs per year
HSBC Global Banking and Markets	₹19.0 Lakhs to ₹72.8 Lakhs per year
IDFC FIRST Bank	₹18.0 Lakhs to ₹62.0 Lakhs per year
Axis Bank	₹19.0 Lakhs to ₹70.0 Lakhs per year
Bandhan Bank	₹20.0 Lakhs to ₹56.0 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 Vice President at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
12 years	₹23.7 Lakhs to ₹55.0 Lakhs per year
13 years	₹21.7 Lakhs to ₹55.1 Lakhs per year
14 years	₹22.0 Lakhs to ₹60.0 Lakhs per year
15 years	₹20.0 Lakhs to ₹66.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Vice President Salaries

Kotak Mahindra Bank Vice President salary in India ranges between ₹20 Lakhs to ₹66 Lakhs with an average annual salary of ₹. Salary estimates are based on 433 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.