Kotak Mahindra Bank Senior Software Developer Salaries by 5 Employees

5 - 9 years exp.

₹10 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

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11% less than the average Senior Software Developer Salary in Banking Companies for 5 - 9 years of experience

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Last Updated: 24 Jul 2024

Companies similar to Kotak Mahindra Bank for Senior Software Developer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Software Developer Salary 3 - 11 years exp. (43 salaries)	Unlock ₹5 L/yr - ₹18 L/yr 10% less
ICICI Bank Senior Software Developer Salary 2 - 6 years exp. (6 salaries)	Unlock ₹5.2 L/yr - ₹7.9 L/yr 49% less
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Axis Bank Senior Software Developer Salary 2 - 7 years exp. (6 salaries)	Unlock ₹4.7 L/yr - ₹14.3 L/yr 16% less
State Bank of India Senior Software Developer Salary 5 - 9 years exp. (5 salaries)	Unlock ₹11.2 L/yr - ₹20 L/yr 18% more
IndusInd Bank Senior Software Developer Salary 5 - 10 years exp. (6 salaries)	Unlock ₹17.3 L/yr - ₹22.8 L/yr 60% more
IDFC FIRST Bank Senior Software Developer Salary 5 - 8 years exp. (14 salaries)	Unlock ₹17.5 L/yr - ₹35 L/yr 124% more
Paytm Payments Bank Senior Software Developer Salary 2 - 6 years exp. (8 salaries)	Unlock ₹16 L/yr - ₹32 L/yr 98% more
IDBI Bank Senior Software Developer Salary 2 - 5 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹24 L/yr At par
HSBC Global Banking and Markets Senior Software Developer Salary 6 - 11 years exp. (3 salaries)	Unlock ₹10.3 L/yr - ₹25.5 L/yr 31% more
Jana Small Finance Bank Senior Software Developer Salary 4 - 7 years exp. (3 salaries)	Unlock ₹13.5 L/yr - ₹18 L/yr 21% more

Senior Software Developer salary at Kotak Mahindra Bank ranges between ₹10 Lakhs to ₹16 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Software Developer salaries

Last Updated: 24 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹19.7 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹12.5 L/yr - ₹22.6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹28.3 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

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

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

Branch Relationship Manager in Kolkata

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.

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.

Skill development - Bad

+3 more

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Kotak Mahindra Bank Senior Software Developer Salary FAQs

What is the salary of Senior Software Developer at Kotak Mahindra Bank?

Senior Software Developer salary at Kotak Mahindra Bank in India ranges between ₹10.0 Lakhs to ₹16.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 11% less than the average Senior Software Developer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Senior Software Developer at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Senior Software Developer at Kotak Mahindra Bank is 11% less than the average salary of a Senior Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Software Developer in India?

IDFC FIRST Bank Senior Software Developer Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year
Paytm Payments Bank Senior Software Developer Salary - ₹16.0 Lakhs to ₹32.0 Lakhs per year
IndusInd Bank Senior Software Developer Salary - ₹17.3 Lakhs to ₹22.8 Lakhs per year
HSBC Global Banking and Markets Senior Software Developer Salary - ₹10.3 Lakhs to ₹25.5 Lakhs per year
Jana Small Finance Bank Senior Software Developer Salary - ₹13.5 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Senior Software Developer in companies similar to Kotak Mahindra Bank in India?

State Bank of India Senior Software Developer Salary - ₹11.2 Lakhs to ₹20.0 Lakhs per year
IDBI Bank Senior Software Developer Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
HDFC Bank Senior Software Developer Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
Axis Bank Senior Software Developer Salary - ₹4.7 Lakhs to ₹14.3 Lakhs per year
ICICI Bank Senior Software Developer Salary - ₹5.2 Lakhs to ₹7.9 Lakhs per year

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

The estimated take-home salary of a Senior Software Developer at Kotak Mahindra Bank ranges between ₹89,739 per month to ₹92,097 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Software Developer salary in India which ranges between ₹10.0 Lakhs to ₹16.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Software Developer at Kotak Mahindra Bank?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Senior Software Developers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Software Developer Salaries

Kotak Mahindra Bank Senior Software Developer salary in India ranges between ₹10 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.