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Kotak Mahindra Bank Software Developer salaries in India

Annual salary range
1 - 6 years exp.
₹8.9 Lakhs - ₹29.2 Lakhs
Salary of majority employees
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121% more than the average Software Developer Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 4 Jan 2025

Companies similar to Kotak Mahindra Bank for Software Developer

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0 - 4 years exp. (50 salaries)

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₹3.8 L/yr - ₹12.5 L/yr

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1 - 10 years exp. (44 salaries)

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₹2.5 L/yr - ₹12.4 L/yr

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Paytm Payments Bank Software Developer Salary

0 - 3 years exp. (37 salaries)

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At par
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State Bank of India Software Developer Salary

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0 - 9 years exp. (6 salaries)

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0 - 3 years exp. (8 salaries)

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₹3 L/yr - ₹7.7 L/yr

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View all
Software Developer salary at Kotak Mahindra Bank ranges between ₹8.9 Lakhs to ₹29.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 32 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Software Developer

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Experience wise Kotak Mahindra Bank Software Developer salaries

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
1 year  (12 salaries)

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₹9 L/yr - ₹25 L/yr
2 years  (3 salaries)

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₹13.4 L/yr - ₹30.6 L/yr
3 years  (13 salaries)

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₹8.4 L/yr - ₹29.4 L/yr
4 years (AmbitionBox Estimate)

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₹7 L/yr - ₹22 L/yr
5 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹32 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Senior Developer Salary
(AmbitionBox Estimate)
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₹39.6 L/yr - ₹50.6 L/yr
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₹4.9 L/yr - ₹20 L/yr
Java Developer Salary
(AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.1 L/yr
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₹4.65 L/yr - ₹21.81 L/yr
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₹8 L/yr - ₹13.2 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹5.5 L/yr - ₹7 L/yr
Application Developer Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
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₹12 L/yr - ₹37 L/yr
Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹27.5 L/yr - ₹35.1 L/yr

Salary related reviews for Kotak Mahindra Bank

1.8

Rated by 3 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.

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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security

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

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

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

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

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

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.

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Kotak Mahindra Bank Software Developer Salary FAQs

What is the salary of Software Developer at Kotak Mahindra Bank?
Software Developer salary at Kotak Mahindra Bank in India ranges between ₹8.9 Lakhs to ₹29.2 Lakhs for experience between 1 years to 6 years. According to our estimates it is 121% more than the average Software Developer Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Software Developer at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Software Developer at Kotak Mahindra Bank is 121% more than the average salary of a Software Developer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Software Developer in India?
  • Utkarsh Small Finance Bank Software Developer Salary - ₹5.0 Lakhs to ₹35.3 Lakhs per year
What is the salary of a Software Developer in companies similar to Kotak Mahindra Bank in India?
  • Barclays Investment Bank Software Developer Salary - ₹9.9 Lakhs to ₹23.4 Lakhs per year
  • IBM Software Developer Salary - ₹8.3 Lakhs to ₹27.9 Lakhs per year
  • HSBC Global Banking and Markets Software Developer Salary - ₹9.5 Lakhs to ₹25.0 Lakhs per year
  • IDFC FIRST Bank Software Developer Salary - ₹5.8 Lakhs to ₹20.5 Lakhs per year
  • Paytm Payments Bank Software Developer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
What is the estimated take home salary of a Software Developer at Kotak Mahindra Bank in India?
The estimated take-home salary of a Software Developer at Kotak Mahindra Bank ranges between ₹1,17,413 per month to ₹1,20,697 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Software Developer salary in India which ranges between ₹8.9 Lakhs to ₹29.2 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Software Developer at Kotak Mahindra Bank?
According to AmbitionBox, 43% of the Kotak Mahindra Bank Software Developers reported a notice period of 1 Month, 31% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Software Developer salary in India ranges between ₹8.9 Lakhs to ₹29.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.