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

2 - 7 years exp.

₹10.7 Lakhs - ₹20.9 Lakhs

Salary of majority employees

49% more than the average Software Engineer Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 7 years exp. (18 salaries)	₹13.2 L/yr - ₹23.7 L/yr
IT & Information Security Software Engineer Salary 2 - 5 years exp. (4 salaries)	₹9.3 L/yr - ₹12.5 L/yr
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Engineering - Hardware & Networks Software Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.9 L/yr

Last Updated: 9 Feb 2025

Companies similar to Kotak Mahindra Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
TCS Software Engineer Salary 0 - 7 years exp. (23k salaries)	₹3 L/yr - ₹10.5 L/yr 47% less
Infosys Software Engineer Salary 0 - 6 years exp. (5.7k salaries)	₹2.9 L/yr - ₹10.8 L/yr 46% less
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Wipro Software Engineer Salary 0 - 8 years exp. (14k salaries)	₹2 L/yr - ₹15.4 L/yr 34% less	12 job openings
Accenture Software Engineer Salary 0 - 8 years exp. (17.4k salaries)	₹3.6 L/yr - ₹13 L/yr 34% less
IBM Software Engineer Salary 0 - 9 years exp. (5.5k salaries)	₹5.3 L/yr - ₹22.7 L/yr 2% less
Tech Mahindra Software Engineer Salary 0 - 7 years exp. (26.4k salaries)	₹2 L/yr - ₹9.2 L/yr 53% less	13 job openings
HCLTech Software Engineer Salary 0 - 6 years exp. (23.3k salaries)	₹1.7 L/yr - ₹8 L/yr 63% less	1 job opening
Capgemini Software Engineer Salary 0 - 7 years exp. (18.5k salaries)	₹1.8 L/yr - ₹10.5 L/yr 52% less	97 job openings
Cognizant Software Engineer Salary 0 - 7 years exp. (16.1k salaries)	₹2 L/yr - ₹14.7 L/yr 36% less	1 job opening
Paytm Payments Bank Software Engineer Salary 0 - 4 years exp. (164 salaries)	₹6.4 L/yr - ₹25.7 L/yr 20% more
HDFC Bank Software Engineer Salary 1 - 6 years exp. (90 salaries)	₹2.4 L/yr - ₹12.9 L/yr 41% less
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ICICI Bank Software Engineer Salary 0 - 5 years exp. (75 salaries)	₹3 L/yr - ₹13.5 L/yr 38% less
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 46% less
RBL Bank Software Engineer Salary 0 - 4 years exp. (55 salaries)	₹4.5 L/yr - ₹15 L/yr 21% less	2 job openings
IDFC FIRST Bank Software Engineer Salary 1 - 4 years exp. (37 salaries)	₹3.7 L/yr - ₹16.1 L/yr 26% less
HSBC Global Banking and Markets Software Engineer Salary 0 - 5 years exp. (25 salaries)	₹5 L/yr - ₹11.3 L/yr 42% less
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 58% less
IndusInd Bank Software Engineer Salary 1 - 7 years exp. (16 salaries)	₹2.4 L/yr - ₹9.8 L/yr 41% less
IDBI Bank Software Engineer Salary 2 - 3 years exp. (10 salaries)	₹5.1 L/yr - ₹16 L/yr 23% less
State Bank of India Software Engineer Salary 0 - 4 years exp. (10 salaries)	₹7.6 L/yr - ₹15 L/yr 29% less

View all

Software Engineer salary at Kotak Mahindra Bank ranges between ₹10.7 Lakhs to ₹20.9 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 36 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Software Engineer salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
2 years (12 salaries)	₹4.3 L/yr - ₹19.3 L/yr
3 years (7 salaries)	₹4.9 L/yr - ₹14.7 L/yr
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4 years (8 salaries)	₹4.8 L/yr - ₹21.7 L/yr
5 years (6 salaries)	₹5.6 L/yr - ₹15.3 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹18.7 L/yr
7 years (AmbitionBox Estimate)	₹12 L/yr - ₹16.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹27.5 L/yr - ₹35.1 L/yr

Senior Engineer Salary

(6 salaries)

₹3.25 L/yr - ₹10.51 L/yr

System Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹15 L/yr

Senior Software Engineer Salary

(22 salaries)

₹5 L/yr - ₹19.41 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Software Developer Salary

(35 salaries)

₹8.9 L/yr - ₹32 L/yr

Project Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹15 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Software Development Engineer Salary

(15 salaries)

₹12 L/yr - ₹35 L/yr

Senior Developer Salary

(AmbitionBox Estimate)

₹39.6 L/yr - ₹50.6 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

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

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Principal Software Engineer in Bangalore / Bengaluru

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

Salary - Poor

+4 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindra Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at Kotak Mahindra Bank?

Software Engineer salary at Kotak Mahindra Bank in India ranges between ₹10.7 Lakhs to ₹20.9 Lakhs for experience between 2 years to 7 years. According to our estimates it is 49% more than the average Software Engineer Salary in India. Salary estimates are based on 36 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Software Engineer at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Software Engineer at Kotak Mahindra Bank is 49% more than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Software Engineer in India?

Barclays Investment Bank Software Engineer Salary - ₹13.2 Lakhs to ₹22.0 Lakhs per year
Paytm Payments Bank Software Engineer Salary - ₹6.4 Lakhs to ₹25.7 Lakhs per year
Bank of Baroda Software Engineer Salary - ₹9.9 Lakhs to ₹18.2 Lakhs per year

What is the salary of a Software Engineer in companies similar to Kotak Mahindra Bank in India?

IBM Software Engineer Salary - ₹5.3 Lakhs to ₹22.7 Lakhs per year
City Union Bank Software Engineer Salary - ₹7.2 Lakhs to ₹15.0 Lakhs per year
Chase Bank Software Engineer Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
RBL Bank Software Engineer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Ujjivan Small Finance Bank Software Engineer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Software Engineer at Kotak Mahindra Bank in India?

The estimated take-home salary of a Software Engineer at Kotak Mahindra Bank ranges between ₹87,774 per month to ₹90,077 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Software Engineer salary in India which ranges between ₹10.7 Lakhs to ₹20.9 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Kotak Mahindra Bank?

According to AmbitionBox, 41% of the Kotak Mahindra Bank Software Engineers reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Software Engineer Salaries by Location

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Kotak Mahindra Bank Software Engineer Salaries

Kotak Mahindra Bank Software Engineer salary in India ranges between ₹10.7 Lakhs to ₹20.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Software Engineer

Latest annual salaries shared by Kotak Mahindra Bank Software Engineer

Experience wise Kotak Mahindra Bank Software Engineer salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Team Lead in Bangalore / Bengaluru

Senior Associate in Mumbai

Senior Relationship Manager in Ranchi

Associate Vice President in Noida

Principal Software Engineer in Bangalore / Bengaluru

Kotak Mahindra Bank Software Engineer Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Software Engineer Salaries by Location