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Kotak Mahindra Bank Associate Vice President Salaries in India

based on 1.1k latest salaries
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BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs
3 - 20 years exp. (1.4k salaries)
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₹10 L/yr - ₹36 L/yr

1 - 9 years exp. (386 salaries)
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₹1.5 L/yr - ₹6.9 L/yr

2 job openings
1 - 5 years exp. (115 salaries)
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₹1.4 L/yr - ₹4.5 L/yr

1 - 13 years exp. (68 salaries)
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₹5.9 L/yr - ₹25.2 L/yr

2 - 8 years exp. (68 salaries)
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₹3.5 L/yr - ₹8 L/yr

1 - 7 years exp. (38 salaries)
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₹9 L/yr - ₹22.2 L/yr

1 - 11 years exp. (20 salaries)
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₹6.2 L/yr - ₹19.1 L/yr

1 - 8 years exp. (9 salaries)
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₹8.5 L/yr - ₹20.5 L/yr

7 - 11 years exp. (8 salaries)
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₹20.2 L/yr - ₹64 L/yr

2 - 9 years exp. (6 salaries)
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₹3.3 L/yr - ₹10.8 L/yr

1 - 5 years exp. (5 salaries)
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₹2.4 L/yr - ₹3 L/yr

8 - 13 years exp. (4 salaries)
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₹47 L/yr - ₹52 L/yr

6 - 12 years exp. (3 salaries)
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₹12.5 L/yr - ₹25 L/yr

10 - 13 years exp. (3 salaries)
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₹11.7 L/yr - ₹15.5 L/yr

9 - 11 years exp. (3 salaries)
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₹35.1 L/yr - ₹44.9 L/yr

5 - 9 years exp. (AmbitionBox Estimate)
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₹11.8 L/yr - ₹15.1 L/yr

8 - 22 years exp. (AmbitionBox Estimate)
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₹19.4 L/yr - ₹24.8 L/yr

5 - 8 years exp. (AmbitionBox Estimate)
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₹27.5 L/yr - ₹35.1 L/yr

3 - 12 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

11 - 12 years exp. (AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr

15 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Last Updated: 19 Mar, 2024

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 135 employees for salary & benefits

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

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 25 Feb 2023

4.0
 for  Salary and Benefits

Likes

Kotak has good work life balance. Salary benefits are also good. There is terrible on job learning and very slow decision making by management!!

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Dislikes

1.Extremely slow decision making. 2. Accountability of deliverables

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 08 May 2023

2.0
 for  Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

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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.

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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.

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹55 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 1.1k Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹55 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹36.15 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1.1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹12 Lakhs to ₹17 Lakhs per year for Data Scientist.
What is the notice period for Associate Vice President at Kotak Mahindra Bank?
According to AmbitionBox, 84% of the Kotak Mahindra Bank Associate Vice Presidents reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.1k responses on AmbitionBox in last 2 years.

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Average annual salary for Associate Vice President in Kotak Mahindra Bank is INRunlock blur . Salary estimates are based on 1.1k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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