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Kotak Mahindra Bank Vice Principal salaries in India

Annual salary range
1 - 15 years exp.
₹29 Lakhs - ₹55 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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302% more than the average Vice Principal Salary in Banking Companies for 1 - 15 years of experience

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Last Updated: 13 May 2023

Companies similar to Kotak Mahindra Bank for Vice Principal

Company name Avg Annual Salary Open Jobs
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Axis Bank Vice Principal Salary

8 - 18 years exp. (5 salaries)

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₹36 L/yr - ₹48.1 L/yr

arrow icon 6% less
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HDFC Bank Vice Principal Salary

10 - 20 years exp. (4 salaries)

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₹30 L/yr - ₹45 L/yr

arrow icon 12% less
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RBL Bank Vice Principal Salary

17 - 20 years exp. (3 salaries)

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₹40 L/yr - ₹42 L/yr

arrow icon 8% less
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₹1.9 L/yr - ₹7 L/yr

arrow icon 91% less
1 job opening
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Narayana e-Techno School Vice Principal Salary

4 - 18 years exp. (49 salaries)

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₹2.4 L/yr - ₹7.2 L/yr

arrow icon 90% less
Vice Principal salary at Kotak Mahindra Bank ranges between ₹29 Lakhs to ₹55 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Vice Principal

1y ago
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1 year exp.
1y ago
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4 years exp.
1y ago
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15 years exp.
1y ago
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14 years exp.

Experience wise Kotak Mahindra Bank Vice Principal salaries

Last Updated: 13 May 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹40.5 L/yr - ₹51.8 L/yr
4 years (AmbitionBox Estimate)

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₹52.3 L/yr - ₹57.8 L/yr
14 years (AmbitionBox Estimate)

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₹26.1 L/yr - ₹33.3 L/yr
15+ years (AmbitionBox Estimate)

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₹47.5 L/yr - ₹52.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹3.2 L/yr - ₹4.1 L/yr
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(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
School Teacher Salary
(4 salaries)
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₹4.3 L/yr - ₹8.1 L/yr
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₹3.15 L/yr - ₹4 L/yr
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₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Kotak Mahindra Bank

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

read more
  • Salary - Poor
  • +4 more

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

read more
  • 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

read more
  • Job security - Bad
  • +2 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +3 more

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

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Kotak Mahindra Bank Vice Principal Salary FAQs

What is the salary of Vice Principal at Kotak Mahindra Bank ?
The average salary of a Vice Principal at Kotak Mahindra Bank in India typically ranges from ₹29.0 Lakhs to ₹55.0 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Vice Principal at Kotak Mahindra Bank earn more than ₹55.0 Lakhs per year, and the top 1% earn over ₹55.0 Lakhs per year. Vice Principal 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 4 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Vice Principal at Kotak Mahindra Bank in India?
The estimated take-home salary of a Vice Principal at Kotak Mahindra Bank in India typically ranges from ₹2,63,710 to ₹2,74,496 per month. This is based on the average salary range of ₹29.0 Lakhs to ₹55.0 Lakhs per year for employees with experience ranging from 1 year to 15 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 4 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Vice Principal in companies similar to Kotak Mahindra Bank in India?
The salary of a Vice Principal at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹36.0 Lakhs to ₹48.1 Lakhs per year
RBL Bank ₹40.0 Lakhs to ₹42.0 Lakhs per year
HDFC Bank ₹30.0 Lakhs to ₹45.0 Lakhs per year
Narayana e-Techno School ₹2.4 Lakhs to ₹7.2 Lakhs per year
Narayana Educational Society ₹1.9 Lakhs to ₹7.0 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 Principal at Kotak Mahindra Bank in India?
The salary growth for a Vice Principal at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Vice Principal can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹40.5 Lakhs to ₹51.8 Lakhs per year
4 years ₹52.3 Lakhs to ₹57.8 Lakhs per year
14 years ₹26.1 Lakhs to ₹33.3 Lakhs per year
15 years ₹47.5 Lakhs to ₹52.5 Lakhs per year
and so on.

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Kotak Mahindra Bank Vice Principal salary in India ranges between ₹29 Lakhs to ₹55 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.