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

12 - 20 years exp.

₹30 Lakhs - ₹56 Lakhs

Salary of majority employees

7% less than the average Vice President Salary in Banking Companies for 12 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Vice President Salary 13 - 20 years exp. (7 salaries)	₹34.8 L/yr - ₹56 L/yr
Customer Success, Service & Operations Vice President Salary 19 years exp. (AmbitionBox Estimate)	₹39.5 L/yr - ₹45.1 L/yr
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Sales & Business Development Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹30 L/yr - ₹43.4 L/yr
Strategic & Top Management Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹39 L/yr - ₹45.3 L/yr

Last Updated: 13 Jan 2025

Companies similar to Kotak Mahindra Bank for Vice President in Chennai

Kotak Mahindra Bank Vice President Salary

12 - 20 years exp. (10 salaries)

₹30 L/yr - ₹56 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Vice President Salary 14 - 25 years exp. (27 salaries)	₹39.6 L/yr - ₹70 L/yr 19% more	1 job opening
Axis Bank Vice President Salary 13 - 26 years exp. (33 salaries)	₹24 L/yr - ₹59.2 L/yr 9% less
Login to view exact salary
Yes Bank Vice President Salary 7 - 22 years exp. (71 salaries)	₹13.5 L/yr - ₹31 L/yr 49% less
Shinhan Bank Vice President Salary 12 - 20 years exp. (16 salaries)	₹19.5 L/yr - ₹32 L/yr 39% less
HSBC Global Banking and Markets Vice President Salary 20 - 22 years exp. (3 salaries)	₹42.1 L/yr - ₹50 L/yr 16% more

Vice President salary at Kotak Mahindra Bank ranges between ₹30 Lakhs to ₹56 Lakhs per year for employees with experience between 12 years to 20 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: 13 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹30 L/yr - ₹81.1 L/yr
13 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹47 L/yr
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14 years (AmbitionBox Estimate)	₹39 L/yr - ₹56 L/yr
15+ years (6 salaries)	₹34.8 L/yr - ₹47 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Associate Vice President Salary

(48 salaries)

₹12 L/yr - ₹29.82 L/yr

Branch Manager Salary

(37 salaries)

₹9 L/yr - ₹20 L/yr

Branch Head Salary

(8 salaries)

₹7.4 L/yr - ₹20 L/yr

Assistant Vice President Salary

(4 salaries)

₹11.5 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

Simulation Compensation Management Data Analytics Compensation HR Analytics

Salary related reviews for Kotak Mahindra Bank

5.0

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.

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

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

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Vice President Salary FAQs

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

Vice President salary at Kotak Mahindra Bank in Chennai ranges between ₹30.0 Lakhs to ₹56.0 Lakhs for experience between 12 years to 20 years. According to our estimates it is 7% less than the average Vice President Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

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

The average salary of a Vice President at Kotak Mahindra Bank is 7% less than the average salary of a Vice President in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Vice President at Kotak Mahindra Bank?

Simulation, Compensation Management, Data Analytics, Compensation and HR Analytics are some of the popular skills required to work as a Vice President at Kotak Mahindra Bank Chennai.

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

HDFC Bank Vice President Salary - ₹39.6 Lakhs to ₹70.0 Lakhs per year
HSBC Global Banking and Markets Vice President Salary - ₹42.1 Lakhs to ₹50.0 Lakhs per year

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

Axis Bank Vice President Salary - ₹24.0 Lakhs to ₹59.2 Lakhs per year
Shinhan Bank Vice President Salary - ₹19.5 Lakhs to ₹32.0 Lakhs per year
Yes Bank Vice President Salary - ₹13.5 Lakhs to ₹31.0 Lakhs per year

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 ranges between ₹2,46,221 per month to ₹2,56,217 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice President salary in India which ranges between ₹30.0 Lakhs to ₹56.0 Lakhs per year for employees with experience between 12 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Vice Presidents in Chennai reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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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.