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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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318% 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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HDFC Bank Vice Principal Salary

12 - 20 years exp. (5 salaries)

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₹30 L/yr - ₹80 L/yr

arrow icon 19% more
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Axis Bank Vice Principal Salary

8 - 18 years exp. (4 salaries)

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₹36 L/yr - ₹48.1 L/yr

arrow icon 5% less
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Yes Bank Vice Principal Salary

16 - 17 years exp. (AmbitionBox Estimate)

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₹29.3 L/yr - ₹37.4 L/yr

arrow icon 26% less
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Barclays Vice Principal Salary

5 - 20 years exp. (6 salaries)

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₹34 L/yr - ₹72 L/yr

arrow icon 25% more
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Bank of America Vice Principal Salary

12 - 16 years exp. (4 salaries)

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₹46 L/yr - ₹90 L/yr

arrow icon 43% more
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Standard Chartered Vice Principal Salary

15 - 17 years exp. (3 salaries)

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₹44 L/yr - ₹1 Cr/yr

arrow icon 51% more
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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₹45 L/yr - ₹89.7 L/yr
2 years (AmbitionBox Estimate)

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₹44.2 L/yr - ₹56.5 L/yr
3 years (AmbitionBox Estimate)

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₹43.6 L/yr - ₹55.7 L/yr
4 years (AmbitionBox Estimate)

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₹19.1 L/yr - ₹55 L/yr
5 years (AmbitionBox Estimate)

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₹42.4 L/yr - ₹54.2 L/yr
View all

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Salary related reviews for Kotak Mahindra Bank

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.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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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.

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Full Time

 · 

Other Department

1.0
  •  posted on 15 Nov 2024

1.0
 for  Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

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Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

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Full Time

 · 

Other Department

5.0
  •  posted on 12 Nov 2024

5.0
 for  Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

read more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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Kotak Mahindra Bank Vice Principal Salary FAQs

What is the salary of Vice Principal at Kotak Mahindra Bank?
Vice Principal salary at Kotak Mahindra Bank in India ranges between ₹29.0 Lakhs to ₹55.0 Lakhs for experience between 1 years to 15 years. According to our estimates it is 318% more than the average Vice Principal Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Vice Principal at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Vice Principal at Kotak Mahindra Bank is 318% more than the average salary of a Vice Principal in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Vice Principal in India?
  • Standard Chartered Vice Principal Salary - ₹44.0 Lakhs to ₹100.0 Lakhs per year
  • Bank of America Vice Principal Salary - ₹46.0 Lakhs to ₹90.0 Lakhs per year
  • Barclays Vice Principal Salary - ₹34.0 Lakhs to ₹72.0 Lakhs per year
  • HDFC Bank Vice Principal Salary - ₹30.0 Lakhs to ₹80.0 Lakhs per year
What is the salary of a Vice Principal in companies similar to Kotak Mahindra Bank in India?
  • Axis Bank Vice Principal Salary - ₹36.0 Lakhs to ₹48.1 Lakhs per year
  • Yes Bank Vice Principal Salary - ₹29.3 Lakhs to ₹37.4 Lakhs per year
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 ranges between ₹2,65,508 per month to ₹2,76,376 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Vice Principal salary in India which ranges between ₹29.0 Lakhs to ₹55.0 Lakhs per year for employees with experience between 1 years to 15 years. Check how did we calculate take home salary?

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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.