Kotak Securities Chennai Deputy Vice President Salaries by 5 Employees

14 - 18 years exp.

₹11.6 Lakhs - ₹34.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Deputy Vice President Salary in Financial Services Companies for 14 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹21.2 L/yr - ₹27.6 L/yr
Human Resources Deputy Vice President Salary 18 years exp. (AmbitionBox Estimate)	₹26.1 L/yr - ₹34.3 L/yr
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Strategic & Top Management Deputy Vice President Salary 18 years exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹26.8 L/yr

Last Updated: 24 Feb 2024

Companies similar to Kotak Securities for Deputy Vice President in Chennai

Kotak Securities Deputy Vice President Salary

14 - 18 years exp. (5 salaries)

₹11.6 L/yr - ₹34.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Vice President Salary 10 - 24 years exp. (79 salaries)	₹20 L/yr - ₹52 L/yr 38% more
Equitas Small Finance Bank Deputy Vice President Salary 13 - 22 years exp. (54 salaries)	₹13 L/yr - ₹39 L/yr 6% more
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Kotak Mahindra Bank Deputy Vice President Salary 9 - 22 years exp. (25 salaries)	₹17 L/yr - ₹37.5 L/yr 15% less
IndusInd Bank Deputy Vice President Salary 10 - 21 years exp. (18 salaries)	₹13 L/yr - ₹39 L/yr 3% less
RBL Bank Deputy Vice President Salary 10 - 21 years exp. (9 salaries)	₹16.2 L/yr - ₹27.9 L/yr 7% less

Deputy Vice President salary at Kotak Securities ranges between ₹11.6 Lakhs to ₹34.3 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Deputy Vice President salaries in Chennai

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹24.2 L/yr - ₹30.9 L/yr
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15+ years (4 salaries)	₹10.2 L/yr - ₹34.3 L/yr

Similar Designation salaries in Kotak Securities

Deputy Manager Salary

(81 salaries)

₹2.6 L/yr - ₹6 L/yr

Branch Manager Salary

(5 salaries)

₹6 L/yr - ₹6.46 L/yr

Salary related reviews for Kotak Securities

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

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

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 😕

Salary - Bad

+6 more

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Salary - Poor

+5 more

Associate Vice President (working remotely)

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Job security, wfh, company culture, work life balance, yearly bonus, holidays, leaves benefits etc.

Salary - Excellent

+5 more

Dislikes

Promotions are very slow and not based on skills/expertise Management engagement / collaboration with mid and ground level employees is average. There are not many new learning opportunities so career growth is stagnant.

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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 Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at Kotak Securities in Chennai?

The average salary of a Deputy Vice President at Kotak Securities in Chennai typically ranges from ₹11.6 Lakhs to ₹34.3 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Deputy Vice President in Chennai at Kotak Securities earn more than ₹34.3 Lakhs per year, and the top 1% earn over ₹34.3 Lakhs per year. Deputy Vice President 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 Deputy Vice President at Kotak Securities in Chennai?

The estimated take-home salary of a Deputy Vice President at Kotak Securities in Chennai typically ranges from ₹1,68,376 to ₹1,74,853 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹34.3 Lakhs per year for employees with experience ranging from 14 years to 18 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 Deputy Vice President in India?

HDFC Bank	₹20.0 Lakhs to ₹52.0 Lakhs per year
Equitas Small Finance Bank	₹13.0 Lakhs to ₹39.0 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.

What is the salary of a Deputy Vice President in companies similar to Kotak Securities in Chennai?

The salary of a Deputy Vice President at companies similar to Kotak Securities in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank	₹13.0 Lakhs to ₹39.0 Lakhs per year
RBL Bank	₹16.2 Lakhs to ₹27.9 Lakhs per year
Kotak Mahindra Bank	₹17.0 Lakhs to ₹37.5 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 Deputy Vice President at Kotak Securities in Chennai?

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

Experience	Average Salary Range
14 years	₹24.2 Lakhs to ₹30.9 Lakhs per year
15 years	₹10.2 Lakhs to ₹34.3 Lakhs per year

and so on.

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Kotak Securities Deputy Vice President Salaries in Chennai

Kotak Securities Deputy Vice President salary in Chennai ranges between ₹11.6 Lakhs to ₹34.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Securities latest salaries received from various employees of Kotak Securities.