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Kotak Mahindra Bank Vice President salaries in India (Updated 2025)

Annual salary range
12 - 21 years exp.
₹31.5 Lakhs - ₹55 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Vice President Salary at Kotak Mahindra Bank ranges between ₹31.5 Lakhs to ₹55 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 449 latest salaries received... Read more

15% less than the average Vice President Salary in Banking Companies for 12 - 21 years of experience

Interested in this particular role? 1 job opening

Last Updated: 14 Jul 2025

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At par
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RBL Bank Vice President Salary

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IDFC FIRST Bank Vice President Salary

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Kotak Mahindra Bank Vice President Salary and Career Growth

From

To

Vice President

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12 - 21 years exp.

Senior Vice President

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16 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Latest annual salaries shared by Kotak Mahindra Bank Vice President

1d ago
₹50 Lakhs
19 years exp.
1d ago
₹53 Lakhs
19 years exp.
2d ago
₹30 Lakhs
19 years exp.
3d ago
₹44.5 Lakhs
15 years exp.
3d ago
₹53 Lakhs
13 years exp.
5d ago
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15 years exp.
5d ago
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13 years exp.
5d ago
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13 years exp.
5d ago
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13 years exp.
1w ago
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21 years exp.

Kotak Mahindra Bank Vice President salaries by

Years of experience Avg. annual salary
12 years  (36 salaries)

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₹34.6 L/yr - ₹55 L/yr
13 years  (48 salaries)

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₹33.9 L/yr - ₹55 L/yr
14 years  (57 salaries)

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₹33.2 L/yr - ₹55 L/yr
15+ years  (308 salaries)

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₹31.5 L/yr - ₹55 L/yr

Similar Designation Salaries at Kotak Mahindra Bank

Similar Designation Avg. annual salary
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₹27 L/yr - ₹80 L/yr

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₹9.7 L/yr - ₹32.8 L/yr

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₹9 L/yr - ₹37.0 L/yr

Director Salary
(5 salaries)
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₹51 L/yr - ₹94 L/yr

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₹15.6 L/yr - ₹50 L/yr

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₹7 L/yr - ₹12 L/yr

Store Manager Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

Business Head Salary
(AmbitionBox Estimate)
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₹63.6 L/yr - ₹70.2 L/yr

Branch Head Salary
(287 salaries)
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₹7 L/yr - ₹24 L/yr

Branch Manager Salary
(1.1k salaries)
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₹7 L/yr - ₹27 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 34 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 15 Apr 2025

2.0
 for  Salary and Benefits

Likes

Work friendly with team members.

  • Skill development - Good

Dislikes

...cpc branches, sitting capacity in branches very low . Number DST ALSO VERY LOW . DST salary also very low no increments for front line sales . and no promotions. Fully manual work with compared other banks and NBFC's. Even no festival holidays in month ends. Month end Sunday are working days.

read more
  • Salary - Poor

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  updated 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.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  updated on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated 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

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  updated on 02 Jul 2024

1.0
 for  Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

  • Skill development - Good
  • +2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

read more
  • Salary - Bad
see more salary related reviews

Kotak Mahindra Bank Vice President Salary FAQs

What is the salary of Vice President at Kotak Mahindra Bank ?
The average salary of a Vice President at Kotak Mahindra Bank in India typically ranges from ₹31.5 Lakhs to ₹55.0 Lakhs per year, depending on experience (from 12 years to 21 years).

The top 10% of Vice President at Kotak Mahindra Bank earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Vice President 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 400+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Vice President at Kotak Mahindra Bank in India?
The estimated take-home salary of a Vice President at Kotak Mahindra Bank in India typically ranges from ₹2,48,852 to ₹2,58,966 per month. This is based on the average salary range of ₹31.5 Lakhs to ₹55.0 Lakhs per year for employees with experience ranging from 12 years to 21 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 400+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Vice President at Kotak Mahindra Bank ?
To be a Vice President at Kotak Mahindra Bank in india, the key skills required include:

  • - MA
  • - Financial Due Diligence
  • - Simulation
  • - Compensation Management
  • - Data Analytics

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Vice President in India?
Bank of America ₹50.0 Lakhs to ₹85.0 Lakhs per year
Standard Chartered ₹45.0 Lakhs to ₹79.7 Lakhs per year
Chase Bank ₹43.8 Lakhs to ₹72.3 Lakhs per year
Deutsche Bank ₹45.0 Lakhs to ₹75.0 Lakhs per year
Barclays ₹42.8 Lakhs to ₹72.0 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 Vice President in companies similar to Kotak Mahindra Bank in India?
The salary of a Vice President at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank ₹35.0 Lakhs to ₹65.0 Lakhs per year
HDFC Bank ₹38.0 Lakhs to ₹65.0 Lakhs per year
HSBC Electronic Data Processing ₹40.0 Lakhs to ₹61.9 Lakhs per year
NatWest Group ₹34.5 Lakhs to ₹61.2 Lakhs per year
IDFC FIRST Bank ₹32.3 Lakhs to ₹60.0 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 Vice President at Kotak Mahindra Bank in India?
The salary growth for a Vice President at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Vice President can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
12 years ₹34.6 Lakhs to ₹55.0 Lakhs per year
13 years ₹33.9 Lakhs to ₹55.0 Lakhs per year
14 years ₹33.2 Lakhs to ₹55.0 Lakhs per year
15 years ₹31.5 Lakhs to ₹55.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Vice President salary in India ranges between ₹31.5 Lakhs to ₹55 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 449 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.