Kotak Mahindra Bank Mumbai Vice President Operations Salaries by 4 Employees (Updated 2025)

11 - 21 years exp.

₹24 Lakhs - ₹46 Lakhs

Salary of majority employees

14% less than the average Vice President Operations Salary in Banking Companies for 11 - 21 years of experience

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Last Updated: 27 Mar 2024

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

Kotak Mahindra Bank Vice President Operations Salary

11 - 21 years exp. (4 salaries)

₹24 L/yr - ₹46 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Vice President Operations Salary 17 - 20 years exp. (5 salaries)	₹32 L/yr - ₹80 L/yr 50% more
Axis Bank Vice President Operations Salary 10 - 21 years exp. (10 salaries)	₹32 L/yr - ₹43 L/yr 1% more
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IndusInd Bank Vice President Operations Salary 15 - 21 years exp. (4 salaries)	₹28.2 L/yr - ₹41 L/yr 4% more
Yes Bank Vice President Operations Salary 11 - 20 years exp. (17 salaries)	₹13.7 L/yr - ₹27 L/yr 41% less
IDFC FIRST Bank Vice President Operations Salary 16 - 25 years exp. (12 salaries)	₹22 L/yr - ₹51 L/yr 8% less
RBL Bank Vice President Operations Salary 17 - 19 years exp. (4 salaries)	₹24.3 L/yr - ₹40 L/yr 10% less
Utkarsh Small Finance Bank Vice President Operations Salary 17 - 21 years exp. (5 salaries)	₹40.5 L/yr - ₹51.8 L/yr 23% more

Vice President Operations salary at Kotak Mahindra Bank ranges between ₹24 Lakhs to ₹46 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President Operations salaries in Mumbai

Last Updated: 27 Mar 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹26 L/yr - ₹64.6 L/yr
12 years (AmbitionBox Estimate)	₹32.5 L/yr - ₹41.5 L/yr
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13 years (AmbitionBox Estimate)	₹32.7 L/yr - ₹41.8 L/yr
14 years (AmbitionBox Estimate)	₹32.9 L/yr - ₹42.1 L/yr
15+ years (3 salaries)	₹24 L/yr - ₹46 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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Senior Vice President Salary

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Project Manager Salary

(49 salaries)

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Operations Manager Salary

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Senior Operations Manager Salary

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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.

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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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Vice President Operations Salary FAQs

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

Vice President Operations salary at Kotak Mahindra Bank in Mumbai ranges between ₹24.0 Lakhs to ₹46.0 Lakhs for experience between 11 years to 21 years. According to our estimates it is 14% less than the average Vice President Operations Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Vice President Operations at Kotak Mahindra Bank is 14% less than the average salary of a Vice President Operations in Mumbai. To know exact salary insights, login to view.

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

HDFC Bank Vice President Operations Salary - ₹32.0 Lakhs to ₹80.0 Lakhs per year
Utkarsh Small Finance Bank Vice President Operations Salary - ₹40.5 Lakhs to ₹51.8 Lakhs per year
IndusInd Bank Vice President Operations Salary - ₹28.2 Lakhs to ₹41.0 Lakhs per year
Axis Bank Vice President Operations Salary - ₹32.0 Lakhs to ₹43.0 Lakhs per year

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

IDFC FIRST Bank Vice President Operations Salary - ₹22.0 Lakhs to ₹51.0 Lakhs per year
RBL Bank Vice President Operations Salary - ₹24.3 Lakhs to ₹40.0 Lakhs per year
Yes Bank Vice President Operations Salary - ₹13.7 Lakhs to ₹27.0 Lakhs per year

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

The estimated take-home salary of a Vice President Operations at Kotak Mahindra Bank ranges between ₹2,20,806 per month to ₹2,29,653 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice President Operations salary in India which ranges between ₹24.0 Lakhs to ₹46.0 Lakhs per year for employees with experience between 11 years to 21 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Kotak Mahindra Bank Vice President Operationss in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Vice President Operations Salaries in Mumbai

Kotak Mahindra Bank Vice President Operations salary in Mumbai ranges between ₹24 Lakhs to ₹46 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 Operations salaries in Mumbai

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

Latest annual salaries shared by Kotak Mahindra Bank Vice President Operations in Mumbai

Experience wise Kotak Mahindra Bank Vice President Operations salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Branch Manager in Ahmedabad

Operations Manager in Goregaon

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Kotak Mahindra Bank Vice President Operations Salary FAQs

Tell us how to improve this page.