Upload Button Icon Add office photos
filter salariesFilter salaries by

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

Annual salary range
2 - 4 years exp.
₹12 Lakhs - ₹37 Lakhs
Salary of majority employees
unlock blur
Fixed (86%)
₹19.9 Lakhs
Variable (14%)
₹3.1 Lakhs
unlock blur

66% more than the average Software Development Engineer Salary in Banking Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 17 Mar 2025

Companies similar to Kotak Mahindra Bank for Software Development Engineer

Company name Avg Annual Salary Open Jobs
unlock blur

₹12 L/yr - ₹24 L/yr

arrow icon 25% less
unlock blur

₹8 L/yr - ₹10 L/yr

arrow icon 60% less
unlock blur

₹9.7 L/yr - ₹13 L/yr

arrow icon 51% less
Logo
Amazon Software Development Engineer Salary

0 - 7 years exp. (2.1k salaries)

unlock blur

₹19.4 L/yr - ₹35 L/yr

arrow icon 6% less
306 job openings
unlock blur

₹3 L/yr - ₹13.1 L/yr

arrow icon 66% less
Software Development Engineer salary at Kotak Mahindra Bank ranges between ₹12 Lakhs to ₹37 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Software Development Engineer

1w ago
avg blur mobile
3 years exp.
1w ago
avg blur mobile
2 years exp.
2w ago
avg blur mobile
4 years exp.
1mo ago
avg blur mobile
3 years exp.
1mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
3 years exp.
2mo ago
avg blur mobile
4 years exp.
2mo ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
3 years exp.
3mo ago
avg blur mobile
2 years exp.

Experience wise Kotak Mahindra Bank Software Development Engineer salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
2 years  (7 salaries)

unlock blur

₹15 L/yr - ₹37 L/yr
3 years  (8 salaries)

unlock blur

₹12 L/yr - ₹35 L/yr
4 years  (4 salaries)

unlock blur

₹13.6 L/yr - ₹40 L/yr

Similar Designation salaries in Kotak Mahindra Bank

unlock blur
₹8.7 L/yr - ₹33.5 L/yr
unlock blur
₹11.79 L/yr - ₹23 L/yr
unlock blur
₹5.96 L/yr - ₹22 L/yr
unlock blur
₹2.2 L/yr - ₹15 L/yr
unlock blur
₹3.5 L/yr - ₹15 L/yr
unlock blur
₹6 L/yr - ₹16 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
unlock blur
₹39.6 L/yr - ₹50.6 L/yr
Associate Software Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹7.7 L/yr - ₹9.8 L/yr
Lead Software Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹27.5 L/yr - ₹35.1 L/yr
unlock blur
₹4.9 L/yr - ₹19.9 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
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All
malleshkuruva
Verified Icon
1w
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.
Got a question about Kotak Mahindra Bank?
Ask anonymously on communities.

Kotak Mahindra Bank Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at Kotak Mahindra Bank ?
The average salary of a Software Development Engineer at Kotak Mahindra Bank in India typically ranges from ₹12.0 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Development Engineer at Kotak Mahindra Bank earn more than ₹33.4 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. Software Development 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 10+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Software Development Engineer at Kotak Mahindra Bank in India?
The estimated take-home salary of a Software Development Engineer at Kotak Mahindra Bank in India typically ranges from ₹1,47,740 to ₹1,53,283 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 Development Engineer in companies similar to Kotak Mahindra Bank in India?
The salary of a Software Development 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:

Amazon ₹19.4 Lakhs to ₹35.0 Lakhs per year
Paytm Payments Bank ₹12.0 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank ₹9.7 Lakhs to ₹13.0 Lakhs per year
Axis Bank ₹8.0 Lakhs to ₹10.0 Lakhs per year
Jio Platforms ₹3.0 Lakhs to ₹13.1 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 Development Engineer at Kotak Mahindra Bank in India?
The salary growth for a Software Development Engineer at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Software Development Engineer can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
2 years ₹15.0 Lakhs to ₹37.0 Lakhs per year
3 years ₹12.0 Lakhs to ₹35.0 Lakhs per year
4 years ₹13.6 Lakhs to ₹40.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Software Development Engineer salary in India ranges between ₹12 Lakhs to ₹37 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.