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Kotak Mahindra Bank Software Developer salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
1 - 6 years exp.
₹13 Lakhs - ₹22.4 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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77% more than the average Software Developer Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 31 Mar 2025

Companies similar to Kotak Mahindra Bank for Software Developer in Bangalore / Bengaluru

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Kotak Mahindra Bank Software Developer Salary

1 - 6 years exp. (15 salaries)

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₹13 L/yr - ₹22.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Software Developer Salary

1 - 5 years exp. (17 salaries)

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₹7 L/yr - ₹23 L/yr

arrow icon 8% less
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HDFC Bank Software Developer Salary

1 - 6 years exp. (9 salaries)

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₹5.2 L/yr - ₹15.2 L/yr

arrow icon 28% less
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Axis Bank Software Developer Salary

1 - 4 years exp. (9 salaries)

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₹3.9 L/yr - ₹11.2 L/yr

arrow icon 47% less
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₹9.5 L/yr - ₹25 L/yr

arrow icon 16% less
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ICICI Bank Software Developer Salary

1 - 3 years exp. (5 salaries)

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₹8 L/yr - ₹8.2 L/yr

arrow icon 54% less
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IndusInd Bank Software Developer Salary

2 - 4 years exp. (3 salaries)

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₹5.2 L/yr - ₹15 L/yr

arrow icon 48% less
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Bank of Baroda Software Developer Salary

4 - 6 years exp. (3 salaries)

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₹6.4 L/yr - ₹9.8 L/yr

arrow icon 56% less
Software Developer salary at Kotak Mahindra Bank ranges between ₹13 Lakhs to ₹22.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Software Developer in Bangalore / Bengaluru

4d ago
₹23 Lakhs
3 years exp.
2w ago
₹24 Lakhs
3 years exp.
3w ago
₹50 Lakhs
6 years exp.
3w ago
₹50 Lakhs
6 years exp.
2mo ago
₹34 Lakhs
3 years exp.
3mo ago
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3 years exp.
4mo ago
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3 years exp.
4mo ago
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2 years exp.
4mo ago
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2 years exp.
5mo ago
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1 year exp.

Experience wise Kotak Mahindra Bank Software Developer salaries in Bangalore / Bengaluru

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
1 year  (5 salaries)

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₹13 L/yr - ₹23.1 L/yr
2 years  (3 salaries)

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₹13.4 L/yr - ₹26.9 L/yr
3 years  (5 salaries)

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₹6.7 L/yr - ₹30.3 L/yr
4 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹21.5 L/yr
5 years (AmbitionBox Estimate)

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₹18.5 L/yr - ₹23.6 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹10.46 L/yr - ₹13.53 L/yr
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₹14.52 L/yr - ₹35 L/yr
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₹8.14 L/yr - ₹23.65 L/yr

Salary related reviews for Kotak Mahindra Bank

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

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025

2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Mar 2025

4.0
 for  Salary and Benefits

Likes

Salary, Skill Development, promotions.

  • Salary - Good
  • +3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

read more
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What people are saying about Kotak Mahindra Bank

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malleshkuruva
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2w
works at
Kotak Mahindra Bank
I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
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Kotak Mahindra Bank Software Developer Salary FAQs

What is the salary of Software Developer at Kotak Mahindra Bank in Bangalore / Bengaluru?
The average salary of a Software Developer at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹13.0 Lakhs to ₹22.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Developer in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Software Developer 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 10+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Software Developer at Kotak Mahindra Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Software Developer at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹1,19,580 to ₹1,22,934 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹22.4 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Software Developer in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary of a Software Developer at companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹7.0 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets ₹9.5 Lakhs to ₹25.0 Lakhs per year
HDFC Bank ₹5.2 Lakhs to ₹15.2 Lakhs per year
Axis Bank ₹3.9 Lakhs to ₹11.2 Lakhs per year
IndusInd Bank ₹5.2 Lakhs to ₹15.0 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 Software Developer at Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary growth for a Software Developer at Kotak Mahindra Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Software Developer in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹13.0 Lakhs to ₹23.1 Lakhs per year
2 years ₹13.4 Lakhs to ₹26.9 Lakhs per year
3 years ₹6.7 Lakhs to ₹30.3 Lakhs per year
4 years ₹16.8 Lakhs to ₹21.5 Lakhs per year
and so on.

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Kotak Mahindra Bank Software Developer salary in Bangalore / Bengaluru ranges between ₹13 Lakhs to ₹22.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.