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Kotak Mahindra Bank Software Development Engineer salaries in Mumbai

Annual salary range
2 - 4 years exp.
₹12 Lakhs - ₹15 Lakhs
Salary of majority employees
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34% more than the average Software Development Engineer Salary in Banking Companies for 2 - 4 years of experience

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Last Updated: 14 Dec 2024

Companies similar to Kotak Mahindra Bank for Software Development Engineer in Mumbai

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Kotak Mahindra Bank Software Development Engineer Salary

2 - 4 years exp. (4 salaries)

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₹12 L/yr - ₹15 L/yr

vs
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₹8 L/yr - ₹18 L/yr

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₹3.6 L/yr - ₹12.5 L/yr

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Jio Software Development Engineer Salary

1 - 6 years exp. (107 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 40% less
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Fynd Software Development Engineer Salary

2 - 5 years exp. (22 salaries)

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₹8 L/yr - ₹28 L/yr

arrow icon 30% more
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TCS Software Development Engineer Salary

1 - 5 years exp. (21 salaries)

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₹2.6 L/yr - ₹7 L/yr

arrow icon 65% less
Software Development Engineer salary at Kotak Mahindra Bank ranges between ₹12 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Software Development Engineer in Mumbai

6d ago
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3 years exp.
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2 years exp.
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4 years exp.
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3 years exp.

Experience wise Kotak Mahindra Bank Software Development Engineer salaries in Mumbai

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹15 L/yr
3 years (AmbitionBox Estimate)

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₹12 L/yr - ₹27.1 L/yr
4 years (AmbitionBox Estimate)

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₹13.6 L/yr - ₹28.3 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹5 L/yr - ₹20.2 L/yr
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₹7 L/yr - ₹22.6 L/yr
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₹8.6 L/yr - ₹22 L/yr
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₹6 L/yr - ₹18.7 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.

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

 · 

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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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Kotak Mahindra Bank Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at Kotak Mahindra Bank Mumbai?
Software Development Engineer salary at Kotak Mahindra Bank in Mumbai ranges between ₹12.0 Lakhs to ₹15.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 34% more than the average Software Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Software Development Engineer at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Software Development Engineer at Kotak Mahindra Bank is 34% more than the average salary of a Software Development Engineer in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Software Development Engineer in Mumbai?
  • Fynd Software Development Engineer Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
  • Bank of America Software Development Engineer Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Software Development Engineer in companies similar to Kotak Mahindra Bank in Mumbai?
  • Jio Software Development Engineer Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
  • Jio Platforms Software Development Engineer Salary - ₹3.6 Lakhs to ₹12.5 Lakhs per year
  • TCS Software Development Engineer Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Software Development Engineer at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Software Development Engineer at Kotak Mahindra Bank ranges between ₹99,777 per month to ₹1,02,492 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Software Development Engineer salary in India which ranges between ₹12.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Software Development Engineer at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 67% of the Kotak Mahindra Bank Software Development Engineers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Software Development Engineer salary in Mumbai ranges between ₹12 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.