Kotak Mahindra Bank Vice Principal Salaries by 4 Employees

1 - 15 years exp.

₹29 Lakhs - ₹55 Lakhs

Low Confidence

Salary of majority employees

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
Axis Bank Vice Principal Salary 8 - 18 years exp. (5 salaries)	₹36 L/yr - ₹48.1 L/yr 6% less
HDFC Bank Vice Principal Salary 10 - 20 years exp. (4 salaries)	₹30 L/yr - ₹45 L/yr 12% less
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RBL Bank Vice Principal Salary 17 - 20 years exp. (3 salaries)	₹40 L/yr - ₹42 L/yr 8% less
Narayana Educational Society Vice Principal Salary 2 - 14 years exp. (72 salaries)	₹1.9 L/yr - ₹7 L/yr 91% less	1 job opening
Narayana e-Techno School Vice Principal Salary 4 - 18 years exp. (49 salaries)	₹2.4 L/yr - ₹7.2 L/yr 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.

Experience wise Kotak Mahindra Bank Vice Principal salaries

Last Updated: 13 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
4 years (AmbitionBox Estimate)	₹52.3 L/yr - ₹57.8 L/yr
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14 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
15+ years (AmbitionBox Estimate)	₹47.5 L/yr - ₹52.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

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

Salary - Poor

+4 more

Deputy Vice President in Indore

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

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

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

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.

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.

Skill development - Bad

+3 more

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

Deputy Manager Operations in Mumbai

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.

Salary - Poor

+4 more

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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 Salaries

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

Kotak Mahindra Bank Vice Principal salaries in India

Companies similar to Kotak Mahindra Bank for Vice Principal

Latest annual salaries shared by Kotak Mahindra Bank Vice Principal

Experience wise Kotak Mahindra Bank Vice Principal salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

Deputy Vice President in Indore

Branch Relationship Manager in Kolkata

Deputy Branch Manager in Ahmedabad

Deputy Manager Operations in Mumbai

Kotak Mahindra Bank Vice Principal Salary FAQs

Tell us how to improve this page.