Kotak Mahindra Bank AVP Salaries by 100+ Employees (Updated 2025)

8 - 18 years exp.

₹9 Lakhs - ₹32.5 Lakhs

Salary of majority employees

36% less than the average AVP Salary in Banking Companies for 8 - 18 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading AVP Salary 9 - 18 years exp. (39 salaries)	₹13.5 L/yr - ₹31.6 L/yr
Sales & Business Development AVP Salary 8 - 18 years exp. (13 salaries)	₹10 L/yr - ₹30.7 L/yr
Login to view exact salary
Data Science & Analytics AVP Salary 8 - 18 years exp. (9 salaries)	₹13 L/yr - ₹37.5 L/yr
Product Management AVP Salary 8 - 15 years exp. (9 salaries)	₹17.2 L/yr - ₹29.1 L/yr
Risk Management & Compliance AVP Salary 8 - 18 years exp. (9 salaries)	₹11.9 L/yr - ₹25.5 L/yr

View all

Last Updated: 24 Mar 2025

Companies similar to Kotak Mahindra Bank for AVP

Company name	Avg Annual Salary	Open Jobs
HDFC Bank AVP Salary 10 - 21 years exp. (337 salaries)	₹13.5 L/yr - ₹40 L/yr 32% more
ICICI Bank AVP Salary 4 - 18 years exp. (21 salaries)	₹15 L/yr - ₹35 L/yr 13% more
Login to view exact salary
Axis Bank AVP Salary 9 - 23 years exp. (401 salaries)	₹11 L/yr - ₹38 L/yr 24% more
State Bank of India AVP Salary 3 - 16 years exp. (20 salaries)	₹7 L/yr - ₹22 L/yr 34% less
Yes Bank AVP Salary 8 - 18 years exp. (214 salaries)	₹11 L/yr - ₹25 L/yr 15% less
IndusInd Bank AVP Salary 6 - 19 years exp. (294 salaries)	₹8.3 L/yr - ₹25 L/yr 18% less
IDFC FIRST Bank AVP Salary 10 - 19 years exp. (77 salaries)	₹16 L/yr - ₹35.1 L/yr 44% more
RBL Bank AVP Salary 7 - 20 years exp. (107 salaries)	₹12 L/yr - ₹23.8 L/yr 6% less
Federal Bank AVP Salary 13 - 16 years exp. (5 salaries)	₹22 L/yr - ₹40 L/yr 47% more
Bandhan Bank AVP Salary 11 - 18 years exp. (84 salaries)	₹10 L/yr - ₹36.5 L/yr 10% more
HSBC Global Banking and Markets AVP Salary 7 - 17 years exp. (26 salaries)	₹20 L/yr - ₹42 L/yr 53% more
Login to view exact salary
Jana Small Finance Bank AVP Salary 7 - 18 years exp. (12 salaries)	₹9 L/yr - ₹22 L/yr 25% less
Shinhan Bank AVP Salary 9 - 15 years exp. (7 salaries)	₹10 L/yr - ₹20 L/yr 20% less
Bank of Baroda AVP Salary 9 - 12 years exp. (6 salaries)	₹11 L/yr - ₹14 L/yr 32% less
Ujjivan Small Finance Bank AVP Salary 11 - 17 years exp. (6 salaries)	₹14.8 L/yr - ₹19.8 L/yr At par
Utkarsh Small Finance Bank AVP Salary 10 - 18 years exp. (6 salaries)	₹17 L/yr - ₹24 L/yr At par
Barclays Investment Bank AVP Salary 7 - 15 years exp. (4 salaries)	₹15.5 L/yr - ₹38 L/yr 27% more
Chase Bank AVP Salary 9 - 15 years exp. (4 salaries)	₹18 L/yr - ₹35 L/yr 43% more

AVP salary at Kotak Mahindra Bank ranges between ₹9 Lakhs to ₹32.5 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 171 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank AVP salaries

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
8 years (10 salaries)	₹16 L/yr - ₹31 L/yr
9 years (13 salaries)	₹14 L/yr - ₹34 L/yr
Login to view exact salary
10 years (16 salaries)	₹15 L/yr - ₹33.4 L/yr
11 years (20 salaries)	₹10 L/yr - ₹31.5 L/yr
12 years (18 salaries)	₹12.8 L/yr - ₹33 L/yr
13 years (20 salaries)	₹9.6 L/yr - ₹32.5 L/yr
14 years (22 salaries)	₹9.6 L/yr - ₹34.2 L/yr
15+ years (52 salaries)	₹9 L/yr - ₹31.4 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(11.4k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Associate Vice President Salary

(1.5k salaries)

₹8.25 L/yr - ₹35 L/yr

Junior Associate Salary

(838 salaries)

₹1 L/yr - ₹4 L/yr

Chief Manager Salary

(814 salaries)

₹8.95 L/yr - ₹30.8 L/yr

Sales Executive Salary

(800 salaries)

₹1 L/yr - ₹5 L/yr

Relationship Officer Salary

(794 salaries)

₹2 L/yr - ₹6.5 L/yr

Assistant Acquisition Manager Salary

(750 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Product Manager Salary

(586 salaries)

₹6.5 L/yr - ₹25 L/yr

Team Lead Salary

(417 salaries)

₹1.5 L/yr - ₹6.75 L/yr

Business Analyst Salary

(307 salaries)

₹4.52 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

2.7

Rated by 9 employees for salary & benefits

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 more

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

19 participants . poll closed

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank AVP Salary FAQs

What is the salary of AVP at Kotak Mahindra Bank ?

The average salary of a AVP at Kotak Mahindra Bank in India typically ranges from ₹9.0 Lakhs to ₹32.5 Lakhs per year, depending on experience (from 8 years to 18 years).

The top 10% of AVP at Kotak Mahindra Bank earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹39.2 Lakhs per year. AVP Salaries at Kotak Mahindra Bank 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 100+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a AVP at Kotak Mahindra Bank in India?

The estimated take-home salary of a AVP at Kotak Mahindra Bank in India typically ranges from ₹1,28,667 to ₹1,33,077 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹32.5 Lakhs per year for employees with experience ranging from 8 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 100+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for AVP in India?

HSBC Global Banking and Markets	₹20.0 Lakhs to ₹42.0 Lakhs per year
Federal Bank	₹22.0 Lakhs to ₹40.0 Lakhs per year
IDFC FIRST Bank	₹16.0 Lakhs to ₹35.1 Lakhs per year
Chase Bank	₹18.0 Lakhs to ₹35.0 Lakhs per year
HDFC Bank	₹13.5 Lakhs to ₹40.0 Lakhs per year

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

What is the salary of a AVP in companies similar to Kotak Mahindra Bank in India?

The salary of a AVP at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays Investment Bank	₹15.5 Lakhs to ₹38.0 Lakhs per year
Axis Bank	₹11.0 Lakhs to ₹38.0 Lakhs per year
ICICI Bank	₹15.0 Lakhs to ₹35.0 Lakhs per year
Bandhan Bank	₹10.0 Lakhs to ₹36.5 Lakhs per year
Utkarsh Small Finance Bank	₹17.0 Lakhs to ₹24.0 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 AVP at Kotak Mahindra Bank in India?

The salary growth for a AVP at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a AVP can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
8 years	₹16.0 Lakhs to ₹31.0 Lakhs per year
9 years	₹14.0 Lakhs to ₹34.0 Lakhs per year
10 years	₹15.0 Lakhs to ₹33.4 Lakhs per year
11 years	₹10.0 Lakhs to ₹31.5 Lakhs per year

and so on.

Tell us how to improve this page.

Kotak Mahindra Bank AVP Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank AVP Salaries

Kotak Mahindra Bank AVP salary in India ranges between ₹9 Lakhs to ₹32.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 171 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.