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Kotak Mahindra Bank Senior Software Engineer salaries in India (Updated 2025)

Annual salary range
3 - 11 years exp.
₹15.3 Lakhs - ₹31.7 Lakhs
Salary of majority employees
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42% more than the average Senior Software Engineer Salary in Banking Companies for 3 - 11 years of experience

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Last Updated: 18 Mar 2025

Companies similar to Kotak Mahindra Bank for Senior Software Engineer

Company name Avg Annual Salary Open Jobs
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₹10.8 L/yr - ₹45 L/yr

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₹19.6 L/yr - ₹42 L/yr

arrow icon 24% more
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HDFC Bank Senior Software Engineer Salary

3 - 8 years exp. (46 salaries)

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₹5.4 L/yr - ₹16 L/yr

arrow icon 58% less
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₹8 L/yr - ₹22 L/yr

arrow icon 26% less
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Axis Bank Senior Software Engineer Salary

4 - 10 years exp. (20 salaries)

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₹5.3 L/yr - ₹15 L/yr

arrow icon 49% less
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IDBI Bank Senior Software Engineer Salary

2 - 4 years exp. (18 salaries)

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₹7 L/yr - ₹21.6 L/yr

arrow icon 41% less
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ICICI Bank Senior Software Engineer Salary

2 - 10 years exp. (17 salaries)

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₹4.7 L/yr - ₹13.1 L/yr

arrow icon 60% less
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Yes Bank Senior Software Engineer Salary

4 - 8 years exp. (8 salaries)

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₹6.8 L/yr - ₹12 L/yr

arrow icon 53% less
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IndusInd Bank Senior Software Engineer Salary

4 - 10 years exp. (7 salaries)

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₹5.6 L/yr - ₹8.7 L/yr

arrow icon 64% less
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RBL Bank Senior Software Engineer Salary

2 - 11 years exp. (7 salaries)

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₹4.8 L/yr - ₹20.4 L/yr

arrow icon 47% less
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₹15 L/yr - ₹43 L/yr

arrow icon 27% more
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₹6 L/yr - ₹10.6 L/yr

arrow icon 66% less
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Canara Bank Senior Software Engineer Salary

3 - 12 years exp. (3 salaries)

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₹6 L/yr - ₹18.6 L/yr

arrow icon 51% less
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₹4.5 L/yr - ₹20 L/yr

arrow icon 56% less
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₹30 L/yr - ₹35.5 L/yr

arrow icon 45% more
Senior Software Engineer salary at Kotak Mahindra Bank ranges between ₹15.3 Lakhs to ₹31.7 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 29 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Software Engineer

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Experience wise Kotak Mahindra Bank Senior Software Engineer salaries

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹27.6 L/yr
4 years  (5 salaries)

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₹6.8 L/yr - ₹22 L/yr
5 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹21.5 L/yr
6 years  (13 salaries)

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₹9.5 L/yr - ₹36.6 L/yr
7 years (AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹27.5 L/yr - ₹35.1 L/yr
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₹10 L/yr - ₹16 L/yr
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₹10.69 L/yr - ₹20.9 L/yr
Associate Software Engineer Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
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₹6 L/yr - ₹16 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr
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₹2.2 L/yr - ₹15 L/yr
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₹3.5 L/yr - ₹15 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹39.6 L/yr - ₹50.6 L/yr
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₹8.7 L/yr - ₹33.5 L/yr

Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +1 more

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.

read more
  • Salary - Bad
  • +3 more

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

read more
  • Salary - Poor
  • +4 more

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

read more
  • 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

read more
  • Job security - Bad
  • +2 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more
  • Salary - Good
  • +1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more
  • Skill development - Bad
  • +3 more
see more salary related reviews

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Kotak Mahindra Bank Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at Kotak Mahindra Bank ?
The average salary of a Senior Software Engineer at Kotak Mahindra Bank in India typically ranges from ₹15.3 Lakhs to ₹31.7 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Senior Software Engineer at Kotak Mahindra Bank earn more than ₹31.7 Lakhs per year, and the top 1% earn over ₹71.0 Lakhs per year. Senior Software Engineer 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 20+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Senior Software Engineer at Kotak Mahindra Bank in India?
The estimated take-home salary of a Senior Software Engineer at Kotak Mahindra Bank in India typically ranges from ₹1,42,464 to ₹1,47,769 per month. This is based on the average salary range of ₹15.3 Lakhs to ₹31.7 Lakhs per year for employees with experience ranging from 3 years to 11 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 20+ 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 Senior Software Engineer in India?
Chase Bank ₹30.0 Lakhs to ₹35.5 Lakhs per year
Barclays Investment Bank ₹15.0 Lakhs to ₹43.0 Lakhs per year
IDFC FIRST Bank ₹19.6 Lakhs to ₹42.0 Lakhs per year
Paytm Payments Bank ₹10.8 Lakhs to ₹45.0 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 Senior Software Engineer in companies similar to Kotak Mahindra Bank in India?
The salary of a Senior Software Engineer at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Global Banking and Markets ₹8.0 Lakhs to ₹22.0 Lakhs per year
IDBI Bank ₹7.0 Lakhs to ₹21.6 Lakhs per year
RBL Bank ₹4.8 Lakhs to ₹20.4 Lakhs per year
Axis Bank ₹5.3 Lakhs to ₹15.0 Lakhs per year
Canara Bank ₹6.0 Lakhs to ₹18.6 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 Senior Software Engineer at Kotak Mahindra Bank in India?
The salary growth for a Senior Software Engineer at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
3 years ₹6.1 Lakhs to ₹27.6 Lakhs per year
4 years ₹6.8 Lakhs to ₹22.0 Lakhs per year
5 years ₹16.8 Lakhs to ₹21.5 Lakhs per year
6 years ₹9.5 Lakhs to ₹36.6 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Senior Software Engineer salary in India ranges between ₹15.3 Lakhs to ₹31.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.