Kotak Mahindra Bank Mumbai Software Engineer Salaries by 10 Employees (Updated 2025)

3 - 6 years exp.

₹4.6 Lakhs - ₹18.7 Lakhs

Salary of majority employees

48% more than the average Software Engineer Salary in Banking Companies for 3 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Software Engineer Salary 3 - 6 years exp. (8 salaries)	₹6 L/yr - ₹18.7 L/yr
Login to view exact salary
Engineering - Hardware & Networks Software Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹12 L/yr

Last Updated: 2 May 2023

Companies similar to Kotak Mahindra Bank for Software Engineer in Mumbai

Kotak Mahindra Bank Software Engineer Salary

3 - 6 years exp. (10 salaries)

₹4.6 L/yr - ₹18.7 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Software Engineer Salary 0 - 8 years exp. (852 salaries)	₹1.8 L/yr - ₹10 L/yr 43% less
Wipro Software Engineer Salary 0 - 8 years exp. (422 salaries)	₹1.8 L/yr - ₹15.3 L/yr 29% less	8 job openings
Login to view exact salary
Accenture Software Engineer Salary 0 - 7 years exp. (824 salaries)	₹3.6 L/yr - ₹13.3 L/yr 27% less
Tech Mahindra Software Engineer Salary 0 - 7 years exp. (690 salaries)	₹2.2 L/yr - ₹10.3 L/yr 46% less	17 job openings
Capgemini Software Engineer Salary 0 - 7 years exp. (1.4k salaries)	₹2 L/yr - ₹10.5 L/yr 48% less	105 job openings
Cognizant Software Engineer Salary 0 - 8 years exp. (224 salaries)	₹3.8 L/yr - ₹16 L/yr 20% less	1 job opening
HDFC Bank Software Engineer Salary 1 - 7 years exp. (53 salaries)	₹3.7 L/yr - ₹12 L/yr 25% less
RBL Bank Software Engineer Salary 0 - 4 years exp. (26 salaries)	₹4.5 L/yr - ₹13 L/yr 10% less	2 job openings
Axis Bank Software Engineer Salary 0 - 5 years exp. (21 salaries)	₹3 L/yr - ₹10 L/yr 42% less
IDFC FIRST Bank Software Engineer Salary 1 - 5 years exp. (11 salaries)	₹3.8 L/yr - ₹11.8 L/yr 23% less
ICICI Bank Software Engineer Salary 2 - 4 years exp. (6 salaries)	₹3.2 L/yr - ₹9.4 L/yr 27% less
Login to view exact salary
IndusInd Bank Software Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹7.6 L/yr 50% less
Yes Bank Software Engineer Salary 1 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹7 L/yr 54% less
State Bank of India Software Engineer Salary 2 - 5 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr 25% less

Software Engineer salary at Kotak Mahindra Bank ranges between ₹4.6 Lakhs to ₹18.7 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Software Engineer salaries in Mumbai

Last Updated: 2 May 2023

Experience	Avg Annual Salary
3 years (3 salaries)	₹6 L/yr - ₹19 L/yr
4 years (3 salaries)	₹4.5 L/yr - ₹20.2 L/yr
Login to view exact salary
5 years (3 salaries)	₹7.8 L/yr - ₹15.3 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹18.7 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Software Developer Salary

(14 salaries)

₹8.14 L/yr - ₹22 L/yr

Senior Software Engineer Salary

(13 salaries)

₹7 L/yr - ₹18.73 L/yr

Software Development Engineer Salary

(4 salaries)

₹12 L/yr - ₹23.92 L/yr

Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 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

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

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

Salary - Good

+1 more

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

Job security - Bad

+2 more

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.

Salary - Good

+1 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.

Skill development - Bad

+3 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

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Software Engineer Salary FAQs

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

Software Engineer salary at Kotak Mahindra Bank in Mumbai ranges between ₹4.6 Lakhs to ₹18.7 Lakhs for experience between 3 years to 6 years. According to our estimates it is 48% more than the average Software Engineer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Software Engineer at Kotak Mahindra Bank is 48% more than the average salary of a Software Engineer in Mumbai. To know exact salary insights, login to view.

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

RBL Bank Software Engineer Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Cognizant Software Engineer Salary - ₹3.8 Lakhs to ₹16.0 Lakhs per year
IDFC FIRST Bank Software Engineer Salary - ₹3.8 Lakhs to ₹11.8 Lakhs per year
State Bank of India Software Engineer Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Software Engineer Salary - ₹3.7 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Software Engineer at Kotak Mahindra Bank ranges between ₹80,240 per month to ₹82,329 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Software Engineer salary in India which ranges between ₹4.6 Lakhs to ₹18.7 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Software Engineers in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Software Engineer Salaries >
Kotak Mahindra Bank Software Engineer Salaries in Mumbai

Kotak Mahindra Bank Software Engineer salary in Mumbai ranges between ₹4.6 Lakhs to ₹18.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.