Kotak Mahindra Bank Mumbai Vice President IT Salaries by 9 Employees (Updated 2025)

15 - 20 years exp.

₹36 Lakhs - ₹67 Lakhs

Salary of majority employees

At par with the average Vice President IT Salary in Banking Companies for 15 - 20 years of experience

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Salaries in different departments

Project & Program Management Vice President IT Salary 15 - 20 years exp. (7 salaries)	₹36 L/yr - ₹67 L/yr
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IT & Information Security Vice President IT Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹52.5 L/yr - ₹58.4 L/yr

Last Updated: 28 Jan 2024

Companies similar to Kotak Mahindra Bank for Vice President IT in Mumbai

Kotak Mahindra Bank Vice President IT Salary

15 - 20 years exp. (9 salaries)

₹36 L/yr - ₹67 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Vice President IT Salary 17 - 24 years exp. (15 salaries)	₹45 L/yr - ₹71 L/yr 1% less
Axis Bank Vice President IT Salary 15 - 24 years exp. (22 salaries)	₹38.5 L/yr - ₹65 L/yr 7% less
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Yes Bank Vice President IT Salary 10 - 19 years exp. (12 salaries)	₹19 L/yr - ₹31 L/yr 49% less
IDFC FIRST Bank Vice President IT Salary 14 - 21 years exp. (12 salaries)	₹25 L/yr - ₹74.2 L/yr 5% more
RBL Bank Vice President IT Salary 19 - 24 years exp. (4 salaries)	₹44.2 L/yr - ₹49 L/yr 15% less

Vice President IT salary at Kotak Mahindra Bank ranges between ₹36 Lakhs to ₹67 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President IT salaries in Mumbai

Last Updated: 28 Jan 2024

Experience	Avg Annual Salary
15+ years (9 salaries)	₹36 L/yr - ₹67 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Senior Software Engineer Salary

(13 salaries)

₹7 L/yr - ₹18.73 L/yr

IT Manager Salary

(12 salaries)

₹6.4 L/yr - ₹18.45 L/yr

Senior Project Manager Salary

(11 salaries)

₹12.8 L/yr - ₹27.51 L/yr

Software Engineer Salary

(10 salaries)

₹6 L/yr - ₹18.7 L/yr

Senior Manager Information Technology Salary

(9 salaries)

₹11.5 L/yr - ₹18.7 L/yr

SAS Analyst Salary

(7 salaries)

₹4.8 L/yr - ₹6.33 L/yr

Application Support Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹5.2 L/yr

SAS Programmer Salary

(5 salaries)

₹4.8 L/yr - ₹5.2 L/yr

Software Development Engineer Salary

(4 salaries)

₹12 L/yr - ₹23.49 L/yr

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

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 Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

see more salary related reviews

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Kotak Mahindra Bank Vice President IT Salary FAQs

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

Vice President IT salary at Kotak Mahindra Bank in Mumbai ranges between ₹36.0 Lakhs to ₹67.0 Lakhs for experience between 15 years to 20 years. According to our estimates it is 4% more than the average Vice President IT Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

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

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

IDFC FIRST Bank Vice President IT Salary - ₹25.0 Lakhs to ₹74.2 Lakhs per year

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

HDFC Bank Vice President IT Salary - ₹45.0 Lakhs to ₹71.0 Lakhs per year
Axis Bank Vice President IT Salary - ₹38.5 Lakhs to ₹65.0 Lakhs per year
RBL Bank Vice President IT Salary - ₹44.2 Lakhs to ₹49.0 Lakhs per year
Yes Bank Vice President IT Salary - ₹19.0 Lakhs to ₹31.0 Lakhs per year

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

The estimated take-home salary of a Vice President IT at Kotak Mahindra Bank ranges between ₹3,06,859 per month to ₹3,18,644 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice President IT salary in India which ranges between ₹36.0 Lakhs to ₹67.0 Lakhs per year for employees with experience between 15 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Vice President IT at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Vice President ITs in Mumbai reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Vice President IT Salaries in Mumbai

Kotak Mahindra Bank Vice President IT salary in Mumbai ranges between ₹36 Lakhs to ₹67 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.