Kotak Securities Mumbai AVP Salaries by 9 Employees (Updated 2024)

7 - 16 years exp.

₹8.6 Lakhs - ₹24 Lakhs

Salary of majority employees

35% less than the average AVP Salary in Financial Services Companies for 7 - 16 years of experience

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Last Updated: 19 Oct 2024

Companies similar to Kotak Securities for AVP in Mumbai

Kotak Securities AVP Salary

7 - 16 years exp. (9 salaries)

₹8.6 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities AVP Salary 12 years exp. (3 salaries)	₹23 L/yr - ₹30 L/yr 45% more
ICICI Securities AVP Salary 7 - 18 years exp. (24 salaries)	₹17.5 L/yr - ₹35 L/yr 32% more
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Axis Direct AVP Salary 18 - 20 years exp. (4 salaries)	₹19.8 L/yr - ₹25 L/yr 15% more
Angel One AVP Salary 8 - 16 years exp. (6 salaries)	₹18 L/yr - ₹35 L/yr 26% more
Edelweiss AVP Salary 6 - 18 years exp. (13 salaries)	₹14 L/yr - ₹33 L/yr 28% more
MUFG Bank AVP Salary 9 - 17 years exp. (12 salaries)	₹12 L/yr - ₹38 L/yr 29% more
Apex Group AVP Salary 8 - 15 years exp. (8 salaries)	₹18 L/yr - ₹27 L/yr 8% more
Motilal Oswal Financial Services AVP Salary 12 - 17 years exp. (8 salaries)	₹13.5 L/yr - ₹23 L/yr 7% less
CSC Global AVP Salary 12 - 17 years exp. (6 salaries)	₹25 L/yr - ₹33 L/yr 39% more
Reliance Capital AVP Salary 8 - 22 years exp. (4 salaries)	₹25 L/yr - ₹45 L/yr 58% more
SBI Mutual Fund AVP Salary 14 - 15 years exp. (3 salaries)	₹27 L/yr - ₹43 L/yr 76% more
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AVP salary at Kotak Securities ranges between ₹8.6 Lakhs to ₹24 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities AVP salaries in Mumbai

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹16 L/yr - ₹22 L/yr
8 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.6 L/yr
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9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹24 L/yr
10 years (AmbitionBox Estimate)	₹11 L/yr - ₹23 L/yr
11 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.2 L/yr
12 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹34.5 L/yr
13 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
14 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
15+ years (3 salaries)	₹17 L/yr - ₹19.7 L/yr

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Similar Designation salaries in Kotak Securities

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₹4.25 L/yr - ₹13 L/yr

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₹4.27 L/yr - ₹14.6 L/yr

Customer Service Executive Salary

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₹2 L/yr - ₹3.85 L/yr

Senior Vice President Salary

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₹36.5 L/yr - ₹65 L/yr

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₹2.4 L/yr - ₹3 L/yr

Salary related reviews for Kotak Securities

2.0

Rated by 1 employees for salary & benefits

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.

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

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

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

nothing

Dislikes

...ee & care & safety, not client problem solving supporting by senior management, not rise salary continues 3 years. high target pressure. manager not working and not listen and only politics. manager always partiality his favorite person (spy)

Team Lead in Pathanamthitta, KOTTAYAM

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 22 Aug 2022

2.0

for Salary and Benefits

Likes

Incentive Structure.

Dislikes

...ship with Employee and Employer. Employees are Treated more often as Executives. Salary structure is not based on skill and expertise. Stagnant Growth and Career opportunities.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Securities AVP Salary FAQs

What is the salary of AVP at Kotak Securities Mumbai?

AVP salary at Kotak Securities in Mumbai ranges between ₹8.6 Lakhs to ₹24.0 Lakhs for experience between 7 years to 16 years. According to our estimates it is 35% less than the average AVP Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Securities Mumbai.

How does the salary of a AVP at Kotak Securities Mumbai compare with the average salary range for this job?

The average salary of a AVP at Kotak Securities is 35% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Securities to a AVP in Mumbai?

SBI Mutual Fund AVP Salary - ₹27.0 Lakhs to ₹43.0 Lakhs per year
Reliance Capital AVP Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year
HDFC Securities AVP Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year
CSC Global AVP Salary - ₹25.0 Lakhs to ₹33.0 Lakhs per year
ICICI Securities AVP Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year

What is the salary of a AVP in companies similar to Kotak Securities in Mumbai?

MUFG Bank AVP Salary - ₹12.0 Lakhs to ₹38.0 Lakhs per year
Edelweiss AVP Salary - ₹14.0 Lakhs to ₹33.0 Lakhs per year
Angel One AVP Salary - ₹18.0 Lakhs to ₹35.0 Lakhs per year
Axis Direct AVP Salary - ₹19.8 Lakhs to ₹25.0 Lakhs per year
Apex Group AVP Salary - ₹18.0 Lakhs to ₹27.0 Lakhs per year

What is the estimated take home salary of a AVP at Kotak Securities in Mumbai?

The estimated take-home salary of a AVP at Kotak Securities ranges between ₹1,27,181 per month to ₹1,31,394 per month in Mumbai. The take-home salary calculation is based on the average Kotak Securities AVP salary in India which ranges between ₹8.6 Lakhs to ₹24.0 Lakhs per year for employees with experience between 7 years to 16 years. Check how did we calculate take home salary?

What is the notice period for AVP at Kotak Securities in Mumbai?

According to AmbitionBox, 86% of the Kotak Securities AVPs in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Securities AVP salary in Mumbai ranges between ₹8.6 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Securities latest salaries received from various employees of Kotak Securities.