Kotak Mahindra Bank Software Engineer2 Salaries by 5 Employees (Updated 2025)

3 - 5 years exp.

₹19 Lakhs - ₹36 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Software Engineer2 Salary in Banking Companies for 3 - 5 years of experience

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Last Updated: 8 Mar 2025

Companies similar to Kotak Mahindra Bank for Software Engineer2

Company name	Avg Annual Salary	Open Jobs
Microsoft Corporation Software Engineer2 Salary 2 - 12 years exp. (1.1k salaries)	₹20.4 L/yr - ₹70 L/yr 74% more
Dell Software Engineer2 Salary 1 - 8 years exp. (876 salaries)	₹7 L/yr - ₹22.1 L/yr 34% less	1 job opening
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JPMorgan Chase & Co. Software Engineer2 Salary 2 - 9 years exp. (552 salaries)	₹17 L/yr - ₹36 L/yr 4% more
Bank of America Software Engineer2 Salary 5 - 12 years exp. (470 salaries)	₹10.7 L/yr - ₹29.5 L/yr 14% less	5 job openings
FIS Software Engineer2 Salary 3 - 8 years exp. (450 salaries)	₹7 L/yr - ₹19 L/yr 44% less

Software Engineer2 salary at Kotak Mahindra Bank ranges between ₹19 Lakhs to ₹36 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Software Engineer2 salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹19 L/yr - ₹23 L/yr
4 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹29 L/yr
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5 years (AmbitionBox Estimate)	₹28 L/yr - ₹36 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

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

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

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Software Engineer2 Salary FAQs

What is the salary of Software Engineer2 at Kotak Mahindra Bank ?

The average salary of a Software Engineer2 at Kotak Mahindra Bank in India typically ranges from ₹19.0 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Software Engineer2 at Kotak Mahindra Bank earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Software Engineer2 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 5 Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Software Engineer2 at Kotak Mahindra Bank in India?

The estimated take-home salary of a Software Engineer2 at Kotak Mahindra Bank in India typically ranges from ₹1,55,813 to ₹1,61,721 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 5 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Software Engineer2 in India?

Microsoft Corporation	₹20.4 Lakhs to ₹70.0 Lakhs per year
JPMorgan Chase & Co.	₹17.0 Lakhs to ₹36.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

What is the salary of a Software Engineer2 in companies similar to Kotak Mahindra Bank in India?

The salary of a Software Engineer2 at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of America	₹10.7 Lakhs to ₹29.5 Lakhs per year
Dell	₹7.0 Lakhs to ₹22.1 Lakhs per year
FIS	₹7.0 Lakhs to ₹19.0 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 Engineer2 at Kotak Mahindra Bank in India?

The salary growth for a Software Engineer2 at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Software Engineer2 can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
3 years	₹19.0 Lakhs to ₹23.0 Lakhs per year
4 years	₹9.4 Lakhs to ₹29.0 Lakhs per year
5 years	₹28.0 Lakhs to ₹36.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Software Engineer2 Salaries

Kotak Mahindra Bank Software Engineer2 salary in India ranges between ₹19 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.