RAKBANK Assistant Vice President Salaries by 2 Employees (Updated 2024)

17 - 23 years exp.

₹33.8 Lakhs - ₹43.1 Lakhs

Low Confidence

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 23 years exp. (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr
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Finance & Accounting Assistant Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 8 Nov 2024

Companies similar to RAKBANK for Assistant Vice President

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President Salary 7 - 23 years exp. (2.1k salaries)	₹10 L/yr - ₹39 L/yr 35% less
ICICI Bank Assistant Vice President Salary 8 - 18 years exp. (25 salaries)	₹13.1 L/yr - ₹26 L/yr 41% less
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Axis Bank Assistant Vice President Salary 6 - 23 years exp. (2.5k salaries)	₹12 L/yr - ₹40 L/yr 33% less
Kotak Mahindra Bank Assistant Vice President Salary 6 - 18 years exp. (220 salaries)	₹11.3 L/yr - ₹36 L/yr 46% less	1 job opening
State Bank of India Assistant Vice President Salary 2 - 12 years exp. (207 salaries)	₹5.8 L/yr - ₹16 L/yr 70% less
IndusInd Bank Assistant Vice President Salary 6 - 21 years exp. (769 salaries)	₹6.5 L/yr - ₹28 L/yr 57% less
Yes Bank Assistant Vice President Salary 4 - 20 years exp. (1.8k salaries)	₹7.2 L/yr - ₹27.8 L/yr 55% less
Federal Bank Assistant Vice President Salary 12 - 16 years exp. (16 salaries)	₹14 L/yr - ₹42 L/yr 20% less
IDFC FIRST Bank Assistant Vice President Salary 9 - 21 years exp. (257 salaries)	₹12 L/yr - ₹47 L/yr 21% less
Bandhan Bank Assistant Vice President Salary 11 - 23 years exp. (201 salaries)	₹9.6 L/yr - ₹30.1 L/yr 44% less
RBL Bank Assistant Vice President Salary 8 - 20 years exp. (388 salaries)	₹10 L/yr - ₹27.5 L/yr 52% less
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HSBC Global Banking and Markets Assistant Vice President Salary 6 - 19 years exp. (105 salaries)	₹15.8 L/yr - ₹50 L/yr 23% less
Ujjivan Small Finance Bank Assistant Vice President Salary 4 - 15 years exp. (23 salaries)	₹12.5 L/yr - ₹24.5 L/yr 56% less
First Abu Dhabi Bank Assistant Vice President Salary 3 - 17 years exp. (22 salaries)	₹18.5 L/yr - ₹51 L/yr 14% less
Mashreq Bank Assistant Vice President Salary 0 - 21 years exp. (20 salaries)	₹25 L/yr - ₹52 L/yr 2% less
Utkarsh Small Finance Bank Assistant Vice President Salary 11 - 19 years exp. (19 salaries)	₹17 L/yr - ₹25 L/yr 47% less
Jana Small Finance Bank Assistant Vice President Salary 12 - 21 years exp. (11 salaries)	₹5.4 L/yr - ₹15.4 L/yr 64% less
Baroda Global Shared Services Assistant Vice President Salary 13 - 19 years exp. (10 salaries)	₹15 L/yr - ₹19.9 L/yr 56% less
City Union Bank Assistant Vice President Salary 10 years exp. (7 salaries)	₹22 L/yr - ₹23 L/yr 39% less
IDBI Bank Assistant Vice President Salary 12 - 15 years exp. (4 salaries)	₹12.1 L/yr - ₹22 L/yr 53% less

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Assistant Vice President salary at RAKBANK ranges between ₹33.8 Lakhs to ₹43.1 Lakhs per year for employees with experience between 17 years to 23 years. Salary estimates are based on 2 latest salaries received from various employees of RAKBANK.

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Salary related reviews for RAKBANK

Business Support Officer in Dubai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It will be a great learning experience for a fresher to join RAKBANK and also to grow simultaneously. RAKBANK will surely develop as better professional.

Dislikes

Only Salary is a matter of concern rest everything is alright.

Analyst in Ras Al-Khaimah

Banking Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Paycheck is received on a timely basis as it is a regulated Bank. Good view from the building- you could see how the upper middle class actually lives.

Dislikes

Almost everything, cost cutting measures, no incentives, they expect you to do overtime work for no extra pay.

Manager Support And Service in Dubai

Customer Success, Service & Operations Department

3.0

• posted on 12 Aug 2020

1.0

for Salary and Benefits

Likes

It's OK, but got laid off just before the pandemic got worse. Didn't get any lay off package was sent on garden leave and was given my notice period salary which was for 3 month salary.

Dislikes

A lot politics, they always need someone to blame

Manager ICT Infrastructure

Engineering - Hardware & Networks Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

...ly. If you performed well and improved processes one would be suitably rewarded. Salary was good. Employees were encouraged to be forthcoming and innovative. For some key staff work life balance was tight since as I mentioned earlier we were a fast growing bank and it was expected. Regarding politics it was as in other organizations. Please note that I am commenting on the status around the year 2012

Dislikes

There was a disparity between the banking(front end) and back office departments. IT was not given due recognition where financial incentives were on offer. Even if IT had executed complicated projects such as data center relocation at minimal downtime and costs, there was not much appreciation of the scope of work done. This certainly was a big let down to those who really spent long hours.

Brach Operation Manager in Abu Dhabi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Learning options by L&D team, Very few managers support and appreciate your efforts.

Dislikes

Appraisal process not recommended, Job security is not sure, Lack of connection between HR team and Staff which creates a distance and limited understanding about HR policies and procedures. Most of time line managers are advised to communicate the HR policies. It need to be improved. HR direct involvement can help organisation identify efficient talents.

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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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RAKBANK Assistant Vice President Salary FAQs

What is the notice period for Assistant Vice President at RAKBANK?

According to AmbitionBox, 50% of the RAKBANK Assistant Vice Presidents reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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RAKBANK Assistant Vice President Salaries

RAKBANK Assistant Vice President salary in India ranges between ₹33.8 Lakhs to ₹43.1 Lakhs. This is an estimate based on latest salaries received from employees of RAKBANK.