Kotak Mahindra Bank Software Engineer III Salaries by 4 Employees

3 - 9 years exp.

₹30 Lakhs - ₹60 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

51% more than the average Software Engineer III Salary in Banking Companies for 3 - 9 years of experience

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Last Updated: 8 Jun 2024

Companies similar to Kotak Mahindra Bank for Software Engineer III

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Software Engineer III Salary 8 - 9 years exp. (4 salaries)	₹27 L/yr - ₹34.5 L/yr 29% less
Walmart Software Engineer III Salary 2 - 9 years exp. (1.9k salaries)	₹14.5 L/yr - ₹47 L/yr 24% less	45 job openings
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JPMorgan Chase & Co. Software Engineer III Salary 2 - 15 years exp. (565 salaries)	₹21.5 L/yr - ₹46.4 L/yr 18% less	56 job openings
Cisco Software Engineer III Salary 3 - 9 years exp. (265 salaries)	₹12 L/yr - ₹40.1 L/yr 31% less	1 job opening
Juniper Networks Software Engineer III Salary 3 - 9 years exp. (256 salaries)	₹16 L/yr - ₹33 L/yr 40% less	25 job openings

Software Engineer III salary at Kotak Mahindra Bank ranges between ₹30 Lakhs to ₹60 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Software Engineer III salaries

Last Updated: 8 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr
4 years (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr
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8 years (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
9 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

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

Manager OPS in Kolkata

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

Salary - Poor

+5 more

Assistant Product Sales Manager in Madurai

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.

see more salary related reviews

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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.

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Kotak Mahindra Bank Software Engineer III Salary FAQs

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

The average salary of a Software Engineer III at Kotak Mahindra Bank in India typically ranges from ₹30.0 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Software Engineer III at Kotak Mahindra Bank earn more than ₹60.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. Software Engineer III 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 4 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Software Engineer III at Kotak Mahindra Bank in India typically ranges from ₹2,49,048 to ₹2,59,172 per month. This is based on the average salary range of ₹30.0 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 4 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 Engineer III in companies similar to Kotak Mahindra Bank in India?

The salary of a Software Engineer III at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co.	₹21.5 Lakhs to ₹46.4 Lakhs per year
Walmart	₹14.5 Lakhs to ₹47.0 Lakhs per year
ICICI Bank	₹27.0 Lakhs to ₹34.5 Lakhs per year
Cisco	₹12.0 Lakhs to ₹40.1 Lakhs per year
Juniper Networks	₹16.0 Lakhs to ₹33.0 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 Engineer III at Kotak Mahindra Bank in India?

The salary growth for a Software Engineer III at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Software Engineer III can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
3 years	₹57.0 Lakhs to ₹63.0 Lakhs per year
4 years	₹36.0 Lakhs to ₹46.0 Lakhs per year
8 years	₹34.2 Lakhs to ₹43.7 Lakhs per year
9 years	₹27.0 Lakhs to ₹34.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Software Engineer III Salaries

Kotak Mahindra Bank Software Engineer III salary in India ranges between ₹30 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.