Kotak Mahindra Bank Vice President Technology Salaries by 6 Employees (Updated 2025)

17 - 22 years exp.

₹39 Lakhs - ₹49 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹37.8 Lakhs

Variable (10%)

₹4.3 Lakhs

20% less than the average Vice President Technology Salary in Banking Companies for 17 - 22 years of experience

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Salaries in different departments

Project & Program Management Vice President Technology Salary 20 - 22 years exp. (3 salaries)	₹35.1 L/yr - ₹42.9 L/yr
Engineering - Software & QA Vice President Technology Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹38.7 L/yr - ₹47.3 L/yr
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IT & Information Security Vice President Technology Salary 20 years exp. (AmbitionBox Estimate)	₹44.1 L/yr - ₹53.9 L/yr

Last Updated: 19 Mar 2025

Companies similar to Kotak Mahindra Bank for Vice President Technology

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President Technology Salary 9 - 15 years exp. (4 salaries)	₹24.3 L/yr - ₹26 L/yr 40% less
Axis Bank Vice President Technology Salary 16 - 24 years exp. (4 salaries)	₹40 L/yr - ₹60 L/yr 13% more
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RBL Bank Vice President Technology Salary 19 - 22 years exp. (3 salaries)	₹26.5 L/yr - ₹38 L/yr 19% less
JPMorgan Chase & Co. Vice President Technology Salary 11 - 19 years exp. (93 salaries)	₹30 L/yr - ₹70 L/yr 19% more
Citicorp Vice President Technology Salary 12 - 18 years exp. (65 salaries)	₹34 L/yr - ₹65 L/yr 20% more

Vice President Technology salary at Kotak Mahindra Bank ranges between ₹39 Lakhs to ₹49 Lakhs per year for employees with experience between 17 years to 22 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President Technology salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
15+ years (6 salaries)	₹39 L/yr - ₹49 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Project Lead Salary

(3 salaries)

₹11.65 L/yr - ₹15.5 L/yr

Project Manager Salary

(60 salaries)

₹5.79 L/yr - ₹24.3 L/yr

Technical Architect Salary

(4 salaries)

₹47 L/yr - ₹52 L/yr

Technical Specialist Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Senior Technical Lead Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Test Lead Salary

(3 salaries)

₹12.5 L/yr - ₹25 L/yr

Technical Lead Salary

(8 salaries)

₹20.2 L/yr - ₹64 L/yr

Senior Engineer Salary

(7 salaries)

₹6 L/yr - ₹16 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Technical Manager Salary

(70 salaries)

₹3.5 L/yr - ₹8 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Manager OPS in Kolkata

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 18 Mar 2025

2.0

for Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

Salary - Poor

+5 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Vice President Technology Salary FAQs

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

The average salary of a Vice President Technology at Kotak Mahindra Bank in India typically ranges from ₹39.0 Lakhs to ₹49.0 Lakhs per year, depending on experience (from 17 years to 22 years).

The top 10% of Vice President Technology at Kotak Mahindra Bank earn more than ₹48.4 Lakhs per year, and the top 1% earn over ₹49.0 Lakhs per year. Vice President Technology 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 6 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Vice President Technology at Kotak Mahindra Bank in India typically ranges from ₹2,49,766 to ₹2,59,922 per month. This is based on the average salary range of ₹39.0 Lakhs to ₹49.0 Lakhs per year for employees with experience ranging from 17 years to 22 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 6 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 Technology in India?

Citicorp	₹34.0 Lakhs to ₹65.0 Lakhs per year
JPMorgan Chase & Co.	₹30.0 Lakhs to ₹70.0 Lakhs per year
Axis Bank	₹40.0 Lakhs to ₹60.0 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 Technology in companies similar to Kotak Mahindra Bank in India?

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

RBL Bank	₹26.5 Lakhs to ₹38.0 Lakhs per year
Yes Bank	₹24.3 Lakhs to ₹26.0 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 Technology at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
15 years	₹39.0 Lakhs to ₹49.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Vice President Technology Salaries

Kotak Mahindra Bank Vice President Technology salary in India ranges between ₹39 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.