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

12 - 21 years exp.

₹30 Lakhs - ₹56 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Vice President Salary in Banking Companies for 12 - 21 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Vice President Salary 13 - 20 years exp. (6 salaries)	₹34.8 L/yr - ₹56 L/yr
Sales & Business Development Vice President Salary 12 - 21 years exp. (AmbitionBox Estimate)	₹30 L/yr - ₹42 L/yr
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Customer Success, Service & Operations Vice President Salary 19 years exp. (AmbitionBox Estimate)	₹39.5 L/yr - ₹46.1 L/yr
Strategic & Top Management Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹39 L/yr - ₹47.1 L/yr

Last Updated: 11 Mar 2025

Companies similar to Kotak Mahindra Bank for Vice President in Chennai

Kotak Mahindra Bank Vice President Salary

12 - 21 years exp. (10 salaries)

₹30 L/yr - ₹56 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President Salary 9 - 22 years exp. (72 salaries)	₹13.5 L/yr - ₹31 L/yr 48% less	1 job opening
Axis Bank Vice President Salary 13 - 26 years exp. (35 salaries)	₹24 L/yr - ₹70 L/yr 6% less	1 job opening
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HDFC Bank Vice President Salary 14 - 26 years exp. (26 salaries)	₹36 L/yr - ₹70 L/yr 15% more	1 job opening
Shinhan Bank Vice President Salary 12 - 20 years exp. (15 salaries)	₹19.5 L/yr - ₹30 L/yr 42% less
RBL Bank Vice President Salary 15 - 18 years exp. (5 salaries)	₹31 L/yr - ₹54 L/yr 1% less
IndusInd Bank Vice President Salary 22 - 25 years exp. (4 salaries)	₹22 L/yr - ₹41.2 L/yr 13% less

Vice President salary at Kotak Mahindra Bank ranges between ₹30 Lakhs to ₹56 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President salaries in Chennai

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹41.6 L/yr - ₹53.1 L/yr
13 years (AmbitionBox Estimate)	₹40.8 L/yr - ₹52.1 L/yr
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14 years (AmbitionBox Estimate)	₹40.1 L/yr - ₹51.2 L/yr
15+ years (6 salaries)	₹34.8 L/yr - ₹47 L/yr

From

Vice President

12 - 21 years exp.

Senior Vice President

15 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Associate Vice President Salary

(47 salaries)

₹12 L/yr - ₹33.03 L/yr

Branch Manager Salary

(35 salaries)

₹9 L/yr - ₹27 L/yr

Assistant Vice President Salary

(9 salaries)

₹11.5 L/yr - ₹25 L/yr

Branch Head Salary

(8 salaries)

₹7.4 L/yr - ₹20 L/yr

Senior Vice President Salary

(4 salaries)

₹46 L/yr - ₹80 L/yr

Top skills at Kotak Mahindra Bank for Vice President

MA Financial Due Diligence Simulation Compensation Management Data Analytics

Salary related reviews for Kotak Mahindra Bank

5.0

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Vice President Salary FAQs

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

The average salary of a Vice President at Kotak Mahindra Bank in Chennai typically ranges from ₹30.0 Lakhs to ₹56.0 Lakhs per year, depending on experience (from 12 years to 21 years).

The top 10% of Vice President in Chennai at Kotak Mahindra Bank earn more than ₹51.5 Lakhs per year, and the top 1% earn over ₹56.0 Lakhs per year. Vice President 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 at Kotak Mahindra Bank in Chennai?

The estimated take-home salary of a Vice President at Kotak Mahindra Bank in Chennai typically ranges from ₹2,51,361 to ₹2,61,589 per month. This is based on the average salary range of ₹30.0 Lakhs to ₹56.0 Lakhs per year for employees with experience ranging from 12 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.

What are the key skills required to be a Vice President at Kotak Mahindra Bank in Chennai?

To be a Vice President at Kotak Mahindra Bank in Chennai, the key skills required include:

- MA
- Financial Due Diligence
- Simulation
- Compensation Management
- Data Analytics

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Vice President in India?

HDFC Bank

₹36.0 Lakhs to ₹70.0 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 in companies similar to Kotak Mahindra Bank in Chennai?

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

RBL Bank	₹31.0 Lakhs to ₹54.0 Lakhs per year
Axis Bank	₹24.0 Lakhs to ₹70.0 Lakhs per year
IndusInd Bank	₹22.0 Lakhs to ₹41.2 Lakhs per year
Shinhan Bank	₹19.5 Lakhs to ₹30.0 Lakhs per year
Yes Bank	₹13.5 Lakhs to ₹31.0 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 at Kotak Mahindra Bank in Chennai?

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

Experience	Average Salary Range
12 years	₹41.6 Lakhs to ₹53.1 Lakhs per year
13 years	₹40.8 Lakhs to ₹52.1 Lakhs per year
14 years	₹40.1 Lakhs to ₹51.2 Lakhs per year
15 years	₹34.8 Lakhs to ₹47.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Vice President Salaries in Chennai

Kotak Mahindra Bank Vice President salary in Chennai ranges between ₹30 Lakhs to ₹56 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.