Kotak Mahindra Bank Vice President (VP) Salaries by 7 Employees

10 - 23 years exp.

₹26.3 Lakhs - ₹60 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Vice President (VP) Salary in Banking Companies for 10 - 23 years of experience

Interested in this particular role?

Last Updated: 21 Jan 2023

Companies similar to Kotak Mahindra Bank for Vice President (VP)

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President (VP) Salary 5 - 19 years exp. (30 salaries)	₹15 L/yr - ₹31 L/yr 49% less
HDFC Bank Vice President (VP) Salary 10 - 23 years exp. (23 salaries)	₹28.2 L/yr - ₹72.5 L/yr 11% more
Login to view exact salary
IDFC FIRST Bank Vice President (VP) Salary 5 - 20 years exp. (19 salaries)	₹24 L/yr - ₹60 L/yr 20% less
Axis Bank Vice President (VP) Salary 5 - 25 years exp. (15 salaries)	₹22 L/yr - ₹56 L/yr 12% less
IndusInd Bank Vice President (VP) Salary 10 - 21 years exp. (12 salaries)	₹23 L/yr - ₹50 L/yr 15% less
Chase Bank Vice President (VP) Salary ∞ - -∞ years exp. (7 salaries)	₹32 L/yr - ₹55 L/yr 6% less
RBL Bank Vice President (VP) Salary 13 - 18 years exp. (6 salaries)	₹19 L/yr - ₹46 L/yr 27% less
HSBC Global Banking and Markets Vice President (VP) Salary 13 - 14 years exp. (5 salaries)	₹46 L/yr - ₹55 L/yr 16% more
Bandhan Bank Vice President (VP) Salary 16 - 22 years exp. (3 salaries)	₹24 L/yr - ₹34 L/yr 35% less
Barclays Investment Bank Vice President (VP) Salary 12 - 15 years exp. (3 salaries)	₹32.2 L/yr - ₹60 L/yr 5% more
Jana Small Finance Bank Vice President (VP) Salary 12 - 20 years exp. (3 salaries)	₹21.5 L/yr - ₹50 L/yr 11% less
Login to view exact salary

Vice President (VP) salary at Kotak Mahindra Bank ranges between ₹26.3 Lakhs to ₹60 Lakhs per year for employees with experience between 10 years to 23 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President (VP) salaries

Last Updated: 21 Jan 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹55 L/yr
11 years (AmbitionBox Estimate)	₹38.9 L/yr - ₹49.8 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹26.3 L/yr - ₹77.9 L/yr
13 years (AmbitionBox Estimate)	₹37 L/yr - ₹78 L/yr
14 years (AmbitionBox Estimate)	₹39 L/yr - ₹49.9 L/yr
15+ years (4 salaries)	₹34 L/yr - ₹60 L/yr

View all

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

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

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

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

19 participants . poll closed

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Vice President (VP) Salary FAQs

What is the salary of Vice President (VP) at Kotak Mahindra Bank ?

The average salary of a Vice President (VP) at Kotak Mahindra Bank in India typically ranges from ₹26.3 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 10 years to 23 years).

The top 10% of Vice President (VP) at Kotak Mahindra Bank earn more than ₹59.3 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Vice President (VP) 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 7 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Vice President (VP) at Kotak Mahindra Bank in India typically ranges from ₹2,56,819 to ₹2,67,293 per month. This is based on the average salary range of ₹26.3 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 10 years to 23 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 7 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 (VP) in India?

HSBC Global Banking and Markets	₹46.0 Lakhs to ₹55.0 Lakhs per year
HDFC Bank	₹28.2 Lakhs to ₹72.5 Lakhs per year
Barclays Investment Bank	₹32.2 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 (VP) in companies similar to Kotak Mahindra Bank in India?

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

Chase Bank	₹32.0 Lakhs to ₹55.0 Lakhs per year
Jana Small Finance Bank	₹21.5 Lakhs to ₹50.0 Lakhs per year
Axis Bank	₹22.0 Lakhs to ₹56.0 Lakhs per year
IndusInd Bank	₹23.0 Lakhs to ₹50.0 Lakhs per year
IDFC FIRST Bank	₹24.0 Lakhs to ₹60.0 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 (VP) at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
10 years	₹17.3 Lakhs to ₹55.0 Lakhs per year
11 years	₹38.9 Lakhs to ₹49.8 Lakhs per year
12 years	₹26.3 Lakhs to ₹77.9 Lakhs per year
13 years	₹37.0 Lakhs to ₹78.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Vice President (VP) Salaries

Kotak Mahindra Bank Vice President (VP) salary in India ranges between ₹26.3 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Vice President (VP) salaries in India

Companies similar to Kotak Mahindra Bank for Vice President (VP)

Latest annual salaries shared by Kotak Mahindra Bank Vice President (VP)

Experience wise Kotak Mahindra Bank Vice President (VP) salaries

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

Deputy Vice President in Indore

Branch Relationship Manager in Kolkata

Deputy Branch Manager in Ahmedabad

Deputy Manager Operations in Mumbai

Kotak Mahindra Bank Vice President (VP) Salary FAQs

Tell us how to improve this page.