Kotak Securities Mumbai Software Developer Salaries by 20+ Employees (Updated 2025)

1 - 5 years exp.

₹8.8 Lakhs - ₹12.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Software Developer Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 1 - 5 years exp. (14 salaries)	₹8.3 L/yr - ₹14.4 L/yr
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IT & Information Security Software Developer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹9.4 L/yr

Last Updated: 23 Mar 2025

Companies similar to Kotak Securities for Software Developer in Mumbai

Kotak Securities Software Developer Salary

1 - 5 years exp. (20 salaries)

₹8.8 L/yr - ₹12.3 L/yr

Company name	Avg Annual Salary	Open Jobs
TIAA Global Business Services Software Developer Salary 0 - 7 years exp. (38 salaries)	₹7 L/yr - ₹20 L/yr 36% more
Morningstar Software Developer Salary 1 - 6 years exp. (22 salaries)	₹7 L/yr - ₹24 L/yr 38% more
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MUFG Bank Software Developer Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹9.4 L/yr 42% less
Sharekhan Software Developer Salary 1 - 8 years exp. (5 salaries)	₹10.6 L/yr - ₹15.4 L/yr 29% more
TCS Software Developer Salary 0 - 9 years exp. (1.4k salaries)	₹3.6 L/yr - ₹13.6 L/yr 13% less

Software Developer salary at Kotak Securities ranges between ₹8.8 Lakhs to ₹12.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Securities.

Latest annual salaries shared by Kotak Securities Software Developer in Mumbai

2w ago

₹13 Lakhs

2 years exp.

3w ago

₹27 Lakhs

5 years exp.

4w ago

₹9 Lakhs

3 years exp.

4w ago

₹11.5 Lakhs

3 years exp.

2mo ago

₹9.2 Lakhs

2 years exp.

3mo ago

3 years exp.

3mo ago

2 years exp.

1y ago

1 year exp.

1y ago

1 year exp.

1y ago

5 years exp.

Experience wise Kotak Securities Software Developer salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹3.7 L/yr - ₹9.5 L/yr
2 years (6 salaries)	₹3.9 L/yr - ₹13 L/yr
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3 years (7 salaries)	₹4.1 L/yr - ₹11.6 L/yr
4 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
5 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr

Similar Designation salaries in Kotak Securities

Software Engineer Salary

(8 salaries)

₹3.6 L/yr - ₹12 L/yr

Salary related reviews for Kotak Securities

1.0

Rated by 1 employees for salary & benefits

Team Lead in Pathanamthitta, KOTTAYAM

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 22 Aug 2022

2.0

for Salary and Benefits

Likes

Incentive Structure.

Skill development - Good

Dislikes

...ship with Employee and Employer. Employees are Treated more often as Executives. Salary structure is not based on skill and expertise. Stagnant Growth and Career opportunities.

Salary - Poor

Assistant Manager in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 19 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst organisation neither they help you in skill development nor they will provide you salary increment. No matter how hard you work they will simply promote And also increase salary of only their favourite employee Full biased work culture. They will fully torture you and will set unrealistic targets and will force you to sit for 12hours a day plus no leave you can get even if you are unhealthy and showing all your reports from hospital they have no humanity and simpathy.TL have all the right according to manamgemt even if they are wrong..HR and all will support them only.. Manager..HR..VP no one will help you despite they will threat you and laugh at you when you will try to get help from them.. Plus promotion is bais so all those who are on top Position except assistant manager they have no knowledge about system plus no management skills they hold they will simply let you suffer due to their dumb decisions.This is the most pathetic job.Trust me i would not recommend anyone join Kotak securities. Before joining think thousand times it could be your Worst choice. I have wasted my time their with no increment and promotion even after being the most deserving employee.

Salary - Bad

+6 more

Deputy Manager Grade 2 in Kochi

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Likes nothing

Dislikes

Irresponsible HR Target for dealer is almost 16 times than monthly salary...highest in the industry Higher management sucks No entertainments like team outing, celebrations nothing Very low salary

Salary - Bad

+6 more

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Salary - Bad

+6 more

Senior Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...lers resigned due cash turnover target and rejoined in their previous company . if your boss likes you personally then will get promotion , good rating & bonus...Other wise swahahaaaaa

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Kotak Securities Software Developer Salary FAQs

What is the salary of Software Developer at Kotak Securities in Mumbai?

The average salary of a Software Developer at Kotak Securities in Mumbai typically ranges from ₹8.8 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Developer in Mumbai at Kotak Securities earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Software Developer Salaries at Kotak Securities 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 20+ Kotak Securities employees in India.

What is the estimated take home salary of a Software Developer at Kotak Securities in Mumbai?

The estimated take-home salary of a Software Developer at Kotak Securities in Mumbai typically ranges from ₹72,777 to ₹74,655 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 1 year 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 20+ salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Securities for Software Developer in India?

Morningstar	₹7.0 Lakhs to ₹24.0 Lakhs per year
TIAA Global Business Services	₹7.0 Lakhs to ₹20.0 Lakhs per year
Sharekhan	₹10.6 Lakhs to ₹15.4 Lakhs per year

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

What is the salary of a Software Developer in companies similar to Kotak Securities in Mumbai?

The salary of a Software Developer at companies similar to Kotak Securities in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TCS	₹3.6 Lakhs to ₹13.6 Lakhs per year
MUFG Bank	₹2.5 Lakhs to ₹9.4 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 Developer at Kotak Securities in Mumbai?

The salary growth for a Software Developer at Kotak Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at Kotak Securities:

Experience	Average Salary Range
1 year	₹3.7 Lakhs to ₹9.5 Lakhs per year
2 years	₹3.9 Lakhs to ₹13.0 Lakhs per year
3 years	₹4.1 Lakhs to ₹11.6 Lakhs per year
4 years	₹9.8 Lakhs to ₹12.5 Lakhs per year

and so on.

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Kotak Securities Software Developer Salaries in Mumbai

Kotak Securities Software Developer salary in Mumbai ranges between ₹8.8 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Kotak Securities latest salaries received from various employees of Kotak Securities.