Kotak Mahindra Bank Vice President Operations Salaries by 10+ Employees (Updated 2025)

8 - 21 years exp.

₹19.2 Lakhs - ₹50 Lakhs

Salary of majority employees

28% less than the average Vice President Operations Salary in Banking Companies for 8 - 21 years of experience

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Last Updated: 21 Mar 2025

Companies similar to Kotak Mahindra Bank for Vice President Operations

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President Operations Salary 11 - 20 years exp. (50 salaries)	₹13.5 L/yr - ₹30 L/yr 37% less
Axis Bank Vice President Operations Salary 11 - 22 years exp. (26 salaries)	₹21 L/yr - ₹50 L/yr 11% more
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HDFC Bank Vice President Operations Salary 15 - 29 years exp. (25 salaries)	₹27 L/yr - ₹85 L/yr 71% more
IDFC FIRST Bank Vice President Operations Salary 11 - 25 years exp. (16 salaries)	₹22 L/yr - ₹54 L/yr 20% more
HSBC Global Banking and Markets Vice President Operations Salary 14 - 20 years exp. (9 salaries)	₹29 L/yr - ₹45 L/yr 6% more
IndusInd Bank Vice President Operations Salary 15 - 21 years exp. (6 salaries)	₹33 L/yr - ₹45 L/yr 9% more
RBL Bank Vice President Operations Salary 14 - 19 years exp. (6 salaries)	₹24.3 L/yr - ₹50 L/yr 12% more
Utkarsh Small Finance Bank Vice President Operations Salary 17 - 21 years exp. (5 salaries)	₹40.5 L/yr - ₹51.8 L/yr 38% more
Barclays Investment Bank Vice President Operations Salary 12 - 15 years exp. (4 salaries)	₹36 L/yr - ₹43 L/yr 21% more
Bandhan Bank Vice President Operations Salary 16 - 23 years exp. (3 salaries)	₹33 L/yr - ₹60 L/yr 43% more
Jana Small Finance Bank Vice President Operations Salary 19 - 22 years exp. (3 salaries)	₹30 L/yr - ₹47 L/yr 21% more
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Shinhan Bank Vice President Operations Salary 14 - 17 years exp. (3 salaries)	₹20.6 L/yr - ₹47 L/yr 6% less

Vice President Operations salary at Kotak Mahindra Bank ranges between ₹19.2 Lakhs to ₹50 Lakhs per year for employees with experience between 8 years to 21 years. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President Operations salaries

Last Updated: 21 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹25 L/yr - ₹59.1 L/yr
9 years (AmbitionBox Estimate)	₹29.5 L/yr - ₹37.7 L/yr
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10 years (3 salaries)	₹30 L/yr - ₹40 L/yr
11 years (AmbitionBox Estimate)	₹26 L/yr - ₹58.9 L/yr
12 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹35 L/yr
13 years (AmbitionBox Estimate)	₹29.4 L/yr - ₹37.6 L/yr
14 years (AmbitionBox Estimate)	₹29.4 L/yr - ₹37.5 L/yr
15+ years (7 salaries)	₹13 L/yr - ₹50 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Assistant Vice President Operations Salary

(4 salaries)

₹11 L/yr - ₹16.9 L/yr

Head Operations Salary

(7 salaries)

₹4 L/yr - ₹12 L/yr

Operations Executive Salary

(202 salaries)

₹1.05 L/yr - ₹4.5 L/yr

Senior Vice President Salary

(147 salaries)

₹30 L/yr - ₹80 L/yr

Operations Manager Salary

(256 salaries)

₹2 L/yr - ₹12 L/yr

Project Manager Salary

(60 salaries)

₹5.79 L/yr - ₹24.3 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Operations Manager Salary

(33 salaries)

₹5.2 L/yr - ₹15.25 L/yr

General Manager Salary

(3 salaries)

₹20.24 L/yr - ₹24 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Vice President Operations Salary FAQs

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

The average salary of a Vice President Operations at Kotak Mahindra Bank in India typically ranges from ₹19.2 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 8 years to 21 years).

The top 10% of Vice President Operations at Kotak Mahindra Bank earn more than ₹46.4 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Vice President Operations 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 10+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Vice President Operations at Kotak Mahindra Bank in India typically ranges from ₹1,98,733 to ₹2,06,582 per month. This is based on the average salary range of ₹19.2 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 8 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 10+ 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 Vice President Operations in India?

HDFC Bank	₹27.0 Lakhs to ₹85.0 Lakhs per year
Bandhan Bank	₹33.0 Lakhs to ₹60.0 Lakhs per year
Utkarsh Small Finance Bank	₹40.5 Lakhs to ₹51.8 Lakhs per year
Barclays Investment Bank	₹36.0 Lakhs to ₹43.0 Lakhs per year
Jana Small Finance Bank	₹30.0 Lakhs to ₹47.0 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 Operations in companies similar to Kotak Mahindra Bank in India?

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

IDFC FIRST Bank	₹22.0 Lakhs to ₹54.0 Lakhs per year
RBL Bank	₹24.3 Lakhs to ₹50.0 Lakhs per year
Axis Bank	₹21.0 Lakhs to ₹50.0 Lakhs per year
IndusInd Bank	₹33.0 Lakhs to ₹45.0 Lakhs per year
HSBC Global Banking and Markets	₹29.0 Lakhs to ₹45.0 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 Operations at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
8 years	₹25.0 Lakhs to ₹59.1 Lakhs per year
9 years	₹29.5 Lakhs to ₹37.7 Lakhs per year
10 years	₹30.0 Lakhs to ₹40.0 Lakhs per year
11 years	₹26.0 Lakhs to ₹58.9 Lakhs per year

and so on.

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Kotak Mahindra Bank Vice President Operations Salaries

Kotak Mahindra Bank Vice President Operations salary in India ranges between ₹19.2 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.