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

5 - 18 years exp.

₹26 Lakhs - ₹37 Lakhs

Salary of majority employees

32% less than the average Vice President Sales Salary in Banking Companies for 5 - 18 years of experience

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Salaries in different departments

Sales & Business Development Vice President Sales Salary 13 - 16 years exp. (5 salaries)	₹30 L/yr - ₹34 L/yr
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BFSI, Investments & Trading Vice President Sales Salary 15 years exp. (AmbitionBox Estimate)	₹29.9 L/yr - ₹30.3 L/yr

Last Updated: 20 Apr 2024

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

Kotak Mahindra Bank Vice President Sales Salary

5 - 18 years exp. (11 salaries)

₹26 L/yr - ₹37 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Vice President Sales Salary 18 - 20 years exp. (4 salaries)	₹33.7 L/yr - ₹50.5 L/yr 27% more
Axis Bank Vice President Sales Salary 15 - 21 years exp. (5 salaries)	₹34 L/yr - ₹58.8 L/yr 18% more
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Yes Bank Vice President Sales Salary 7 - 20 years exp. (5 salaries)	₹20.5 L/yr - ₹26 L/yr 27% less
IDFC FIRST Bank Vice President Sales Salary 8 - 12 years exp. (3 salaries)	₹26.6 L/yr - ₹36 L/yr 8% more
Jana Small Finance Bank Vice President Sales Salary 17 - 18 years exp. (3 salaries)	₹17 L/yr - ₹30 L/yr 16% less

Vice President Sales salary at Kotak Mahindra Bank ranges between ₹26 Lakhs to ₹37 Lakhs per year for employees with experience between 5 years to 18 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President Sales salaries in Mumbai

Last Updated: 20 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹29 L/yr - ₹54.4 L/yr
6 years (AmbitionBox Estimate)	₹27.2 L/yr - ₹34.8 L/yr
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7 years (AmbitionBox Estimate)	₹27.2 L/yr - ₹34.8 L/yr
8 years (AmbitionBox Estimate)	₹27.3 L/yr - ₹34.8 L/yr
9 years (AmbitionBox Estimate)	₹27.3 L/yr - ₹34.9 L/yr
10 years (AmbitionBox Estimate)	₹29 L/yr - ₹54.6 L/yr
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹37 L/yr
12 years (AmbitionBox Estimate)	₹27.3 L/yr - ₹34.9 L/yr
13 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹31.5 L/yr
14 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹31.5 L/yr
15+ years (6 salaries)	₹26 L/yr - ₹34 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Associate Vice President Salary

(719 salaries)

₹9.7 L/yr - ₹36 L/yr

Assistant Vice President Salary

(139 salaries)

₹11.29 L/yr - ₹37.95 L/yr

Sales Manager Salary

(129 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Senior Vice President Salary

(92 salaries)

₹30 L/yr - ₹80 L/yr

Salary related reviews for Kotak Mahindra Bank

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

Assistant Vice President

Procurement & Supply Chain Department

4.0

• posted on 03 Feb 2018

3.0

for Salary and Benefits

Likes

1)Adopts latest technology. 2)complaints handling is good,especially in internal audit.

Skill development - Good

Dislikes

...m area managers for insurance business and no proper support to bank managers. 3)More work ,less salary packages . 4)so Many windows for loans and advances which leads to customer dissatisfaction. 5)daily 3-4 conference calls,which effects customer service.

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Vice President Sales Salary FAQs

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

Vice President Sales salary at Kotak Mahindra Bank in Mumbai ranges between ₹26.0 Lakhs to ₹37.0 Lakhs for experience between 5 years to 18 years. According to our estimates it is 32% less than the average Vice President Sales Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Vice President Sales at Kotak Mahindra Bank is 32% less than the average salary of a Vice President Sales in Mumbai. To know exact salary insights, login to view.

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

HDFC Bank Vice President Sales Salary - ₹33.7 Lakhs to ₹50.5 Lakhs per year
Axis Bank Vice President Sales Salary - ₹34.0 Lakhs to ₹58.8 Lakhs per year
IDFC FIRST Bank Vice President Sales Salary - ₹26.6 Lakhs to ₹36.0 Lakhs per year

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

Jana Small Finance Bank Vice President Sales Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
Yes Bank Vice President Sales Salary - ₹20.5 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Vice President Sales at Kotak Mahindra Bank ranges between ₹1,87,270 per month to ₹1,94,601 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice President Sales salary in India which ranges between ₹26.0 Lakhs to ₹37.0 Lakhs per year for employees with experience between 5 years to 18 years. Check how did we calculate take home salary?

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

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

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Kotak Mahindra Bank Vice President Sales Salaries in Mumbai

Kotak Mahindra Bank Vice President Sales salary in Mumbai ranges between ₹26 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.