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Kotak Mahindra Bank Vice President salaries in Mumbai (Updated 2025)

Annual salary range
12 - 21 years exp.
₹20 Lakhs - ₹60 Lakhs
Salary of majority employees
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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)
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₹20 L/yr - ₹55.1 L/yr

Product Management
Vice President Salary
12 - 21 years exp. (21 salaries)
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₹26 L/yr - ₹50 L/yr

Project & Program Management
Vice President Salary
14 - 19 years exp. (18 salaries)
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₹25 L/yr - ₹60 L/yr

Risk Management & Compliance
Vice President Salary
12 - 20 years exp. (17 salaries)
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₹24.5 L/yr - ₹60 L/yr

Strategic & Top Management
Vice President Salary
12 - 20 years exp. (17 salaries)
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₹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

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Kotak Mahindra Bank Vice President Salary

12 - 21 years exp. (291 salaries)

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₹20 L/yr - ₹60 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Vice President Salary

13 - 25 years exp. (166 salaries)

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₹25 L/yr - ₹67.2 L/yr

arrow icon 19% more
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ICICI Bank Vice President Salary

7 - 15 years exp. (12 salaries)

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₹24 L/yr - ₹55 L/yr

arrow icon 12% less
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Axis Bank Vice President Salary

11 - 26 years exp. (407 salaries)

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₹22 L/yr - ₹68 L/yr

arrow icon 2% more
2 job openings
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State Bank of India Vice President Salary

6 - 15 years exp. (7 salaries)

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₹15 L/yr - ₹31 L/yr

arrow icon 52% less
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Yes Bank Vice President Salary

8 - 23 years exp. (718 salaries)

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₹11.4 L/yr - ₹35 L/yr

arrow icon 42% less
1 job opening
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IDFC FIRST Bank Vice President Salary

11 - 22 years exp. (186 salaries)

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₹18.3 L/yr - ₹62 L/yr

arrow icon 1% more
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RBL Bank Vice President Salary

12 - 22 years exp. (137 salaries)

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₹15.8 L/yr - ₹54 L/yr

arrow icon 7% less
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IndusInd Bank Vice President Salary

11 - 23 years exp. (98 salaries)

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₹18 L/yr - ₹53.5 L/yr

arrow icon 3% less
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Chase Bank Vice President Salary

13 - 18 years exp. (11 salaries)

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₹35 L/yr - ₹70 L/yr

arrow icon 18% more
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₹32 L/yr - ₹50 L/yr

arrow icon 4% more
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Jana Small Finance Bank Vice President Salary

15 - 21 years exp. (6 salaries)

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₹21.7 L/yr - ₹37.1 L/yr

arrow icon 28% less
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Shinhan Bank Vice President Salary

10 - 17 years exp. (5 salaries)

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₹20 L/yr - ₹31 L/yr

arrow icon 40% less
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Bandhan Bank Vice President Salary

18 - 25 years exp. (4 salaries)

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₹42 L/yr - ₹53.2 L/yr

arrow icon 13% more
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Bank of Baroda Vice President Salary

10 - 14 years exp. (3 salaries)

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₹32 L/yr - ₹35 L/yr

arrow icon 21% less
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₹35 L/yr - ₹65 L/yr

arrow icon 17% more

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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.

Latest annual salaries shared by Kotak Mahindra Bank Vice President in Mumbai

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19 years exp.
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14 years exp.
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21 years exp.
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15 years exp.
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19 years exp.
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13 years exp.
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19 years exp.
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18 years exp.

Experience wise Kotak Mahindra Bank Vice President salaries in Mumbai

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
12 years  (26 salaries)

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₹23.7 L/yr - ₹55 L/yr
13 years  (33 salaries)

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₹23 L/yr - ₹55.1 L/yr
14 years  (42 salaries)

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₹22.1 L/yr - ₹60 L/yr
15+ years  (190 salaries)

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₹20 L/yr - ₹60 L/yr
Kotak Mahindra Bank Vice President Salary and Career Growth

From

To

Vice President

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12 - 21 years exp.

Senior Vice President

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unlock blur 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

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₹9.7 L/yr - ₹36 L/yr
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₹11.29 L/yr - ₹37.95 L/yr
Branch Manager Salary
(134 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
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₹30 L/yr - ₹80 L/yr
Branch Head Salary
(24 salaries)
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₹8 L/yr - ₹22 L/yr
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₹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

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.

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Bad

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.

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  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

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  • 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.

read more
  • Work satisfaction - Bad
  • +2 more
see more salary related reviews

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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.

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