Kotak Mahindra Bank Software Developer Salaries by 30+ Employees (Updated 2025)

1 - 6 years exp.

₹18.8 Lakhs - ₹33.7 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

168% more than the average Software Developer Salary in Banking Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 31 Mar 2025

Companies similar to Kotak Mahindra Bank for Software Developer in Engineering - Software & QA department

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Developer Salary 1 - 10 years exp. (121 salaries)	₹11 L/yr - ₹23.3 L/yr 43% less
IDFC FIRST Bank Software Developer Salary 0 - 6 years exp. (54 salaries)	₹6 L/yr - ₹23 L/yr 38% less
Login to view exact salary
ICICI Bank Software Developer Salary 1 - 7 years exp. (34 salaries)	₹3.5 L/yr - ₹13.1 L/yr 65% less
Paytm Payments Bank Software Developer Salary 0 - 5 years exp. (29 salaries)	₹6 L/yr - ₹24 L/yr 42% less
Axis Bank Software Developer Salary 1 - 5 years exp. (29 salaries)	₹3.8 L/yr - ₹15 L/yr 61% less
RBL Bank Software Developer Salary 1 - 6 years exp. (15 salaries)	₹4.8 L/yr - ₹12 L/yr 60% less
IndusInd Bank Software Developer Salary 1 - 8 years exp. (12 salaries)	₹5 L/yr - ₹17 L/yr 57% less
Barclays Investment Bank Software Developer Salary 1 - 11 years exp. (10 salaries)	₹9.9 L/yr - ₹23.4 L/yr 28% less
Yes Bank Software Developer Salary 1 - 6 years exp. (8 salaries)	₹7.1 L/yr - ₹15.5 L/yr 56% less
Bandhan Bank Software Developer Salary 0 - 3 years exp. (6 salaries)	₹4 L/yr - ₹7.7 L/yr 76% less
HSBC Global Banking and Markets Software Developer Salary 1 - 5 years exp. (5 salaries)	₹9.5 L/yr - ₹16 L/yr 45% less
Login to view exact salary

Software Developer salary at Kotak Mahindra Bank ranges between ₹18.8 Lakhs to ₹33.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 38 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Software Developer in Engineering - Software & QA department

2d 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.

3w ago

₹8.8 Lakhs

2 years exp.

3w ago

6 years exp.

1mo ago

4 years exp.

1mo ago

2 years exp.

2mo ago

3 years exp.

2mo ago

2 years exp.

Experience wise Kotak Mahindra Bank Software Developer salaries in Engineering - Software & QA department

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
1 year (10 salaries)	₹9 L/yr - ₹25 L/yr
2 years (6 salaries)	₹8.8 L/yr - ₹32 L/yr
Login to view exact salary
3 years (15 salaries)	₹10.6 L/yr - ₹34 L/yr
4 years (AmbitionBox Estimate)	₹21.9 L/yr - ₹28 L/yr
5 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30.1 L/yr
6 years (3 salaries)	₹12 L/yr - ₹50 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Senior Developer Salary

(AmbitionBox Estimate)

₹39.6 L/yr - ₹50.6 L/yr

Salesforce Developer Salary

(26 salaries)

₹4.9 L/yr - ₹19.9 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Senior Software Developer Salary

(5 salaries)

₹10 L/yr - ₹16 L/yr

Software Engineer Salary

(38 salaries)

₹11.82 L/yr - ₹23 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Plsql Developer Salary

(7 salaries)

₹5.5 L/yr - ₹7 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Software Development Engineer Salary

(19 salaries)

₹12 L/yr - ₹37 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹27.5 L/yr - ₹35.1 L/yr

Salary related reviews for Kotak Mahindra Bank

1.8

Rated by 3 employees for salary & benefits

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

SME in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 05 Apr 2025

1.0

for Salary and Benefits

Likes

About job security and achievable targets

Skill development - Good

+3 more

Dislikes

It is pathetic how they differentiate the salary of new employee and the old employee example if you are the subject matter expert or team leader your salary is less that of new employee who has joined now So there should equality in that I don't think HR is look in to it even he never replies or talk with us.

Salary - Bad

Assistant Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 02 Apr 2025

3.0

for Salary and Benefits

Likes

highlight your interest in their innovative digital banking services, focus on customer satisfaction, and rapid growth, aligning your skills and experience with their values and goals.

Skill development - Good

+2 more

Dislikes

Not grown in the bank and salary also low

Relationship Officer in Visakhapatnam

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

Salary - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Tell us how to improve this page.

Kotak Mahindra Bank Software Developer Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Software Developer Salaries

Kotak Mahindra Bank Software Developer salary in Engineering - Software & QA department in India ranges between ₹18.8 Lakhs to ₹33.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Software Developer salaries in Engineering - Software & QA in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Software Developer in Engineering - Software & QA department

Latest annual salaries shared by Kotak Mahindra Bank Software Developer in Engineering - Software & QA department

Experience wise Kotak Mahindra Bank Software Developer salaries in Engineering - Software & QA department

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

SME in Mumbai

Assistant Manager in Bangalore / Bengaluru

Relationship Officer in Visakhapatnam

Tell us how to improve this page.

Kotak Mahindra Bank Software Developer Salaries by Location