Kotak Securities Associate Vice President IT Salaries by 5 Employees

11 - 16 years exp.

₹20 Lakhs - ₹22 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

23% less than the average Associate Vice President IT Salary in Financial Services Companies for 11 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Vice President IT Salary 11 - 15 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr
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Project & Program Management Associate Vice President IT Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹24.2 L/yr

Last Updated: 8 Mar 2024

Companies similar to Kotak Securities for Associate Vice President IT

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Associate Vice President IT Salary 12 - 16 years exp. (7 salaries)	₹20 L/yr - ₹41 L/yr 27% more
Aviva Life Insurance India Associate Vice President IT Salary 15 - 19 years exp. (5 salaries)	₹23 L/yr - ₹30 L/yr 26% more
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RBL Bank Associate Vice President IT Salary 14 - 19 years exp. (5 salaries)	₹20 L/yr - ₹26 L/yr 6% more
JPMorgan Chase & Co. Associate Vice President IT Salary 8 - 14 years exp. (5 salaries)	₹19 L/yr - ₹30 L/yr 5% more
HDFC Bank Associate Vice President IT Salary 8 - 25 years exp. (4 salaries)	₹19 L/yr - ₹30 L/yr 13% more

Associate Vice President IT salary at Kotak Securities ranges between ₹20 Lakhs to ₹22 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Associate Vice President IT salaries

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹20 L/yr - ₹37.5 L/yr
12 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹22 L/yr
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13 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.6 L/yr
14 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹22 L/yr
15+ years (AmbitionBox Estimate)	₹22 L/yr - ₹22 L/yr

Similar Designation salaries in Kotak Securities

Assistant Vice President Salary

(12 salaries)

₹19.81 L/yr - ₹30 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Business Analyst Salary

(42 salaries)

₹3.99 L/yr - ₹14.72 L/yr

Engineering Manager Salary

(AmbitionBox Estimate)

₹71.3 L/yr - ₹78.8 L/yr

Technical Lead Salary

(4 salaries)

₹16 L/yr - ₹41.55 L/yr

Project Manager Salary

(11 salaries)

₹8 L/yr - ₹20 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Senior Project Manager Salary

(4 salaries)

₹9.3 L/yr - ₹25 L/yr

Scrum Master Salary

(3 salaries)

₹25 L/yr - ₹28.5 L/yr

Product Manager Salary

(25 salaries)

₹4.63 L/yr - ₹18 L/yr

Salary related reviews for Kotak Securities

Assistant Manager in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 19 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst organisation neither they help you in skill development nor they will provide you salary increment. No matter how hard you work they will simply promote And also increase salary of only their favourite employee Full biased work culture. They will fully torture you and will set unrealistic targets and will force you to sit for 12hours a day plus no leave you can get even if you are unhealthy and showing all your reports from hospital they have no humanity and simpathy.TL have all the right according to manamgemt even if they are wrong..HR and all will support them only.. Manager..HR..VP no one will help you despite they will threat you and laugh at you when you will try to get help from them.. Plus promotion is bais so all those who are on top Position except assistant manager they have no knowledge about system plus no management skills they hold they will simply let you suffer due to their dumb decisions.This is the most pathetic job.Trust me i would not recommend anyone join Kotak securities. Before joining think thousand times it could be your Worst choice. I have wasted my time their with no increment and promotion even after being the most deserving employee.

Salary - Bad

+6 more

Deputy Manager Grade 2 in Kochi

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Likes nothing

Dislikes

Irresponsible HR Target for dealer is almost 16 times than monthly salary...highest in the industry Higher management sucks No entertainments like team outing, celebrations nothing Very low salary

Salary - Bad

+6 more

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Salary - Bad

+6 more

Senior Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...lers resigned due cash turnover target and rejoined in their previous company . if your boss likes you personally then will get promotion , good rating & bonus...Other wise swahahaaaaa

Salary - Poor

+6 more

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Salary - Good

+2 more

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Company culture - Bad

+1 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Kotak Securities Associate Vice President IT Salary FAQs

What is the salary of Associate Vice President IT at Kotak Securities ?

The average salary of a Associate Vice President IT at Kotak Securities in India typically ranges from ₹20.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Associate Vice President IT at Kotak Securities earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Associate Vice President IT Salaries at Kotak Securities 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 5 Kotak Securities employees in India.

What is the estimated take home salary of a Associate Vice President IT at Kotak Securities in India?

The estimated take-home salary of a Associate Vice President IT at Kotak Securities in India typically ranges from ₹1,39,812 to ₹1,44,997 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 11 years to 16 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 5 salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Securities for Associate Vice President IT in India?

Kotak Mahindra Bank	₹20.0 Lakhs to ₹41.0 Lakhs per year
Aviva Life Insurance India	₹23.0 Lakhs to ₹30.0 Lakhs per year
HDFC Bank	₹19.0 Lakhs to ₹30.0 Lakhs per year
RBL Bank	₹20.0 Lakhs to ₹26.0 Lakhs per year
JPMorgan Chase & Co.	₹19.0 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Securities, depending on the role and experience level.

How the salary growth look like for a Associate Vice President IT at Kotak Securities in India?

The salary growth for a Associate Vice President IT at Kotak Securities depends on factors such as experience, performance, and promotions. On average, a Associate Vice President IT can expect the following growth trajectory at Kotak Securities:

Experience	Average Salary Range
11 years	₹20.0 Lakhs to ₹37.5 Lakhs per year
12 years	₹8.4 Lakhs to ₹22.0 Lakhs per year
13 years	₹19.3 Lakhs to ₹24.6 Lakhs per year
14 years	₹8.7 Lakhs to ₹22.0 Lakhs per year

and so on.

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Kotak Securities Associate Vice President IT Salaries

Kotak Securities Associate Vice President IT salary in India ranges between ₹20 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Securities latest salaries received from various employees of Kotak Securities.