Kotak Mahindra Bank Vice President Business Development Salaries by 4 Employees (Updated 2025)

9 - 14 years exp.

₹27 Lakhs - ₹66.3 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

12% more than the average Vice President Business Development Salary in Banking Companies for 9 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Vice President Business Development Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹63 L/yr - ₹69.6 L/yr
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Risk Management & Compliance Vice President Business Development Salary 12 years exp. (AmbitionBox Estimate)	₹52.3 L/yr - ₹57.8 L/yr

Last Updated: 29 Jan 2025

Companies similar to Kotak Mahindra Bank for Vice President Business Development

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President Business Development Salary 13 - 20 years exp. (5 salaries)	₹15.5 L/yr - ₹23.6 L/yr 62% less
IndusInd Bank Vice President Business Development Salary 17 - 23 years exp. (4 salaries)	₹30 L/yr - ₹42 L/yr 37% less
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Axis Bank Vice President Business Development Salary 7 - 20 years exp. (4 salaries)	₹23.3 L/yr - ₹60 L/yr 22% less
Ernst & Young Vice President Business Development Salary 10 - 14 years exp. (7 salaries)	₹26 L/yr - ₹36 L/yr 42% less
JPMorgan Chase & Co. Vice President Business Development Salary 13 - 15 years exp. (7 salaries)	₹30 L/yr - ₹71.9 L/yr 15% less

Vice President Business Development salary at Kotak Mahindra Bank ranges between ₹27 Lakhs to ₹66.3 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President Business Development salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
12 years (AmbitionBox Estimate)	₹52.3 L/yr - ₹57.8 L/yr
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13 years (AmbitionBox Estimate)	₹63 L/yr - ₹69.6 L/yr
14 years (AmbitionBox Estimate)	₹63 L/yr - ₹69.6 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹1.5 L/yr - ₹8 L/yr

Assistant Vice President Salary

(246 salaries)

₹11.29 L/yr - ₹34 L/yr

Senior Vice President Salary

(147 salaries)

₹30 L/yr - ₹80 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

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General Manager Sales Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Assistant General Manager Salary

(4 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Senior Sales Manager Salary

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₹7.5 L/yr - ₹14 L/yr

Area Sales Manager Salary

(248 salaries)

₹5.32 L/yr - ₹23 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

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

Associate Vice President in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 25 Feb 2023

4.0

for Salary and Benefits

Likes

Kotak has good work life balance. Salary benefits are also good. There is terrible on job learning and very slow decision making by management!!

Salary - Good

+3 more

Dislikes

1.Extremely slow decision making. 2. Accountability of deliverables

Skill development - Bad

+1 more

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Aug 2022

1.0

for Salary and Benefits

Likes

Job security is fine others are terrible

Dislikes

... staffs.No support by the seniors only feedbacks works for them with no reasons.No salary correction nothing...not a good organisation to work

Salary - Bad

+5 more

Area Sales Manager in Vijayawada

BFSI, Investments & Trading Department

2.0

• posted on 01 Jul 2022

1.0

for Salary and Benefits

Likes

The work with life balance is good. When the person is dedicated to a product, no other product will be asked. No pressure on it. No so much pressure on sales. Good softwares and neat process.

Job security - Excellent

Dislikes

Extremely no personal and professional growth. No recognition to old staff. They bond with fresh people with high packages and they also flews away by 2nd year with 30% to other bank. It's good platform for package change and number game people

Salary - Bad

+3 more

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Kotak Mahindra Bank Vice President Business Development Salary FAQs

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

The average salary of a Vice President Business Development at Kotak Mahindra Bank in India typically ranges from ₹27.0 Lakhs to ₹66.3 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Vice President Business Development at Kotak Mahindra Bank earn more than ₹66.3 Lakhs per year, and the top 1% earn over ₹66.3 Lakhs per year. Vice President Business Development 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 Vice President Business Development at Kotak Mahindra Bank in India?

The estimated take-home salary of a Vice President Business Development at Kotak Mahindra Bank in India typically ranges from ₹3,00,653 to ₹3,12,699 per month. This is based on the average salary range of ₹27.0 Lakhs to ₹66.3 Lakhs per year for employees with experience ranging from 9 years to 14 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.

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

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

JPMorgan Chase & Co.	₹30.0 Lakhs to ₹71.9 Lakhs per year
Axis Bank	₹23.3 Lakhs to ₹60.0 Lakhs per year
IndusInd Bank	₹30.0 Lakhs to ₹42.0 Lakhs per year
Ernst & Young	₹26.0 Lakhs to ₹36.0 Lakhs per year
Yes Bank	₹15.5 Lakhs to ₹23.6 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 Business Development at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
9 years	₹24.3 Lakhs to ₹31.0 Lakhs per year
12 years	₹52.3 Lakhs to ₹57.8 Lakhs per year
13 years	₹63.0 Lakhs to ₹69.6 Lakhs per year
14 years	₹63.0 Lakhs to ₹69.6 Lakhs per year

and so on.

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Kotak Mahindra Bank Vice President Business Development Salaries

Kotak Mahindra Bank Vice President Business Development salary in India ranges between ₹27 Lakhs to ₹66.3 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.

Kotak Mahindra Bank Vice President Business Development salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Vice President Business Development

Latest annual salaries shared by Kotak Mahindra Bank Vice President Business Development

Experience wise Kotak Mahindra Bank Vice President Business Development salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Assistant Vice President in Ernakulam

Associate Vice President in Mumbai

Branch Manager in New Delhi

Area Sales Manager in Vijayawada

Kotak Mahindra Bank Vice President Business Development Salary FAQs

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