Kotak Mahindra Bank Software Engineer III Salaries by 4 Employees (Updated 2025)

3 - 9 years exp.

₹30 Lakhs - ₹60 Lakhs

Low Confidence

Salary of majority employees

53% 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
Walmart Software Engineer III Salary 2 - 9 years exp. (1.7k salaries)	₹14 L/yr - ₹47 L/yr 23% less	38 job openings
JPMorgan Chase & Co. Software Engineer III Salary 2 - 16 years exp. (448 salaries)	₹17 L/yr - ₹45 L/yr 21% less	47 job openings
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Cisco Software Engineer III Salary 3 - 11 years exp. (286 salaries)	₹12 L/yr - ₹38 L/yr 33% less
PayPal Software Engineer III Salary 5 - 12 years exp. (247 salaries)	₹17 L/yr - ₹66 L/yr 3% less	2 job openings
Juniper Networks Software Engineer III Salary 3 - 9 years exp. (244 salaries)	₹14 L/yr - ₹32.5 L/yr 40% less	18 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

Service Information Developer in New Delhi

Full Time

Content, Editorial & Journalism Department

5.0

• posted on 14 Apr 2023

5.0

for Salary and Benefits

Likes

kotak Mahindra Bank limited is a very good company. I used to work there. Staff management even team leaders are also good.... light pressure is there of work but that is bearable....and the atmosphere is enjoyable and happy.

Dislikes

Dislikes. There are partiality in job. Management is good but not fair. No Salary hike in year. Work Detail

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Branch Relationship Manager in Kolkata

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.

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.

Deputy Branch Manager in Ahmedabad

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.

see more salary related reviews

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Software Engineer III Salary FAQs

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

Software Engineer III salary at Kotak Mahindra Bank in India ranges between ₹30.0 Lakhs to ₹60.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 53% more than the average Software Engineer III Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Software Engineer III at Kotak Mahindra Bank is 53% more than the average salary of a Software Engineer III in India. To know exact salary insights, login to view.

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

PayPal Software Engineer III Salary - ₹17.0 Lakhs to ₹66.0 Lakhs per year
JPMorgan Chase & Co. Software Engineer III Salary - ₹17.0 Lakhs to ₹45.0 Lakhs per year
Walmart Software Engineer III Salary - ₹14.0 Lakhs to ₹47.0 Lakhs per year
Cisco Software Engineer III Salary - ₹12.0 Lakhs to ₹38.0 Lakhs per year
Juniper Networks Software Engineer III Salary - ₹14.0 Lakhs to ₹32.5 Lakhs per year

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 ranges between ₹2,49,048 per month to ₹2,59,172 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Software Engineer III salary in India which ranges between ₹30.0 Lakhs to ₹60.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Software Engineer IIIs reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.