How is 40 LPA ctc at Barclays for AVP with 12 YOE ?

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For AVP it's good but I believe you should aim for VP with your yoe, if you are into tech.

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How do I prepare for VP role ? I joined Barclays last month only. How should I prove myself worthy of the VP role ? What hikes should I expect in the next appraisal cycle ?

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At par

Ita very good , your tech stack pls

Aprateem... I'll suggest stay at AVP role enjoy your salary and get YOY hike and plan for VP role in couple of years

Only a suggestion rest your life your decision

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