Kotak Mahindra Bank Mumbai Vice President Salaries by 200+ Employees (Updated 2025)

12 - 21 years exp.

₹20 Lakhs - ₹60 Lakhs

Salary of majority employees

11% 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 12 - 21 years exp. (64 salaries)	₹20 L/yr - ₹55.1 L/yr
Product Management Vice President Salary 12 - 21 years exp. (21 salaries)	₹26 L/yr - ₹50 L/yr
Login to view exact salary
Project & Program Management Vice President Salary 14 - 19 years exp. (18 salaries)	₹25 L/yr - ₹60 L/yr
Risk Management & Compliance Vice President Salary 12 - 20 years exp. (17 salaries)	₹24.5 L/yr - ₹60 L/yr
Strategic & Top Management Vice President Salary 12 - 20 years exp. (17 salaries)	₹25 L/yr - ₹50.5 L/yr

View all

Last Updated: 1 Mar 2025

Companies similar to Kotak Mahindra Bank for Vice President in Mumbai

Kotak Mahindra Bank Vice President Salary

12 - 21 years exp. (291 salaries)

₹20 L/yr - ₹60 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Vice President Salary 13 - 25 years exp. (166 salaries)	₹25 L/yr - ₹67.2 L/yr 19% more
ICICI Bank Vice President Salary 7 - 15 years exp. (12 salaries)	₹24 L/yr - ₹55 L/yr 12% less
Login to view exact salary
Axis Bank Vice President Salary 11 - 26 years exp. (407 salaries)	₹22 L/yr - ₹68 L/yr 2% more	2 job openings
State Bank of India Vice President Salary 6 - 15 years exp. (7 salaries)	₹15 L/yr - ₹31 L/yr 52% less
Yes Bank Vice President Salary 8 - 23 years exp. (718 salaries)	₹11.4 L/yr - ₹35 L/yr 42% less	1 job opening
IDFC FIRST Bank Vice President Salary 11 - 22 years exp. (186 salaries)	₹18.3 L/yr - ₹62 L/yr 1% more
RBL Bank Vice President Salary 12 - 22 years exp. (137 salaries)	₹15.8 L/yr - ₹54 L/yr 7% less
IndusInd Bank Vice President Salary 11 - 23 years exp. (98 salaries)	₹18 L/yr - ₹53.5 L/yr 3% less
Chase Bank Vice President Salary 13 - 18 years exp. (11 salaries)	₹35 L/yr - ₹70 L/yr 18% more
Barclays Investment Bank Vice President Salary 8 - 16 years exp. (9 salaries)	₹32 L/yr - ₹50 L/yr 4% more
Jana Small Finance Bank Vice President Salary 15 - 21 years exp. (6 salaries)	₹21.7 L/yr - ₹37.1 L/yr 28% less
Login to view exact salary
Shinhan Bank Vice President Salary 10 - 17 years exp. (5 salaries)	₹20 L/yr - ₹31 L/yr 40% less
Bandhan Bank Vice President Salary 18 - 25 years exp. (4 salaries)	₹42 L/yr - ₹53.2 L/yr 13% more
Bank of Baroda Vice President Salary 10 - 14 years exp. (3 salaries)	₹32 L/yr - ₹35 L/yr 21% less
Utkarsh Small Finance Bank Vice President Salary 16 - 30 years exp. (3 salaries)	₹35 L/yr - ₹65 L/yr 17% more

Vice President salary at Kotak Mahindra Bank ranges between ₹20 Lakhs to ₹60 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 291 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President salaries in Mumbai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
12 years (26 salaries)	₹23.7 L/yr - ₹55 L/yr
13 years (33 salaries)	₹23 L/yr - ₹55.1 L/yr
Login to view exact salary
14 years (42 salaries)	₹22.1 L/yr - ₹60 L/yr
15+ years (190 salaries)	₹20 L/yr - ₹60 L/yr

From

Vice President

12 - 21 years exp.

Senior Vice President

₹

Lakhs/yr

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

(719 salaries)

₹9.7 L/yr - ₹36 L/yr

Assistant Vice President Salary

(139 salaries)

₹11.29 L/yr - ₹37.95 L/yr

Branch Manager Salary

(134 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Senior Vice President Salary

(92 salaries)

₹30 L/yr - ₹80 L/yr

Branch Head Salary

(24 salaries)

₹8 L/yr - ₹22 L/yr

Vice President Operations Salary

(4 salaries)

₹24 L/yr - ₹46 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

3.6

Rated by 16 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.

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

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.

Skill development - Good

+1 more

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.

Work satisfaction - 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

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

4 participants . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Vice President Salary FAQs

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

Vice President salary at Kotak Mahindra Bank in Mumbai ranges between ₹20.0 Lakhs to ₹60.0 Lakhs for experience between 12 years to 21 years. According to our estimates it is 11% less than the average Vice President Salary in India. Salary estimates are based on 291 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Vice President at Kotak Mahindra Bank is 11% less than the average salary of a Vice President in Mumbai. To know exact salary insights, login to view.

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

MA, Financial Due Diligence, Simulation, Compensation Management and Data Analytics are some of the popular skills required to work as a Vice President at Kotak Mahindra Bank Mumbai.

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

HDFC Bank Vice President Salary - ₹25.0 Lakhs to ₹67.2 Lakhs per year
Chase Bank Vice President Salary - ₹35.0 Lakhs to ₹70.0 Lakhs per year
Utkarsh Small Finance Bank Vice President Salary - ₹35.0 Lakhs to ₹65.0 Lakhs per year
Bandhan Bank Vice President Salary - ₹42.0 Lakhs to ₹53.2 Lakhs per year
Barclays Investment Bank Vice President Salary - ₹32.0 Lakhs to ₹50.0 Lakhs per year

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

Axis Bank Vice President Salary - ₹22.0 Lakhs to ₹68.0 Lakhs per year
IDFC FIRST Bank Vice President Salary - ₹18.3 Lakhs to ₹62.0 Lakhs per year
IndusInd Bank Vice President Salary - ₹18.0 Lakhs to ₹53.5 Lakhs per year
RBL Bank Vice President Salary - ₹15.8 Lakhs to ₹54.0 Lakhs per year
ICICI Bank Vice President Salary - ₹24.0 Lakhs to ₹55.0 Lakhs per year

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

The estimated take-home salary of a Vice President at Kotak Mahindra Bank ranges between ₹2,49,325 per month to ₹2,59,461 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice President salary in India which ranges between ₹20.0 Lakhs to ₹60.0 Lakhs per year for employees with experience between 12 years to 21 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the Kotak Mahindra Bank Vice Presidents in Mumbai reported a notice period of 3 Months, 8% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 158 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Vice President Salaries >
Kotak Mahindra Bank Vice President Salaries in Mumbai

Kotak Mahindra Bank Vice President salary in Mumbai ranges between ₹20 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 291 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.