Kotak Mahindra Bank Principal Software Engineer Salaries by 3 Employees (Updated 2025)

12 - 14 years exp.

₹19.5 Lakhs - ₹90 Lakhs

Low Confidence

Salary of majority employees

60% more than the average Principal Software Engineer Salary in Banking Companies for 12 - 14 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Software Engineer Salary 12 years exp. (AmbitionBox Estimate)	₹37.8 L/yr - ₹46.2 L/yr
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IT & Information Security Principal Software Engineer Salary 12 years exp. (AmbitionBox Estimate)	₹17.6 L/yr - ₹21.5 L/yr

Last Updated: 1 Feb 2025

Companies similar to Kotak Mahindra Bank for Principal Software Engineer

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Oracle Principal Software Engineer Salary 8 - 19 years exp. (977 salaries)	₹14 L/yr - ₹50 L/yr 32% less	11 job openings
Dell Principal Software Engineer Salary 8 - 18 years exp. (936 salaries)	₹19 L/yr - ₹53.2 L/yr 33% less	14 job openings
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Accion Labs Principal Software Engineer Salary 6 - 12 years exp. (417 salaries)	₹11 L/yr - ₹40 L/yr 56% less
Dell EMC Principal Software Engineer Salary 9 - 17 years exp. (266 salaries)	₹17 L/yr - ₹55 L/yr 22% less
UKG Principal Software Engineer Salary 8 - 14 years exp. (255 salaries)	₹19.3 L/yr - ₹42.4 L/yr 34% less	6 job openings

Principal Software Engineer salary at Kotak Mahindra Bank ranges between ₹19.5 Lakhs to ₹90 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Principal Software Engineer salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹27.7 L/yr - ₹35.4 L/yr
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14 years (AmbitionBox Estimate)	₹85.5 L/yr - ₹94.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

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 Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Principal Software Engineer Salary FAQs

What is the notice period for Principal Software Engineer at Kotak Mahindra Bank?

According to AmbitionBox, 67% of the Kotak Mahindra Bank Principal Software Engineers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Principal Software Engineer Salaries

Kotak Mahindra Bank Principal Software Engineer salary in India ranges between ₹19.5 Lakhs to ₹90 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.