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This company page is being actively managed by Kotak Mahindra Bank Team. If you also belong to the team, you can get access from here

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3.7

based on 19.3k Reviews

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Kotak Mahindra Bank Software Engineer salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹14.3 Lakhs - ₹31.6 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Software Engineer Salary at Kotak Mahindra Bank ranges between ₹14.3 Lakhs to ₹31.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 53 latest salaries received... Read more

100% more than the average Software Engineer Salary in Banking Companies for 2 - 6 years of experience

Interested in this particular role?

Last Updated: 24 Jun 2025

Companies similar to Kotak Mahindra Bank for Software Engineer

Company name Avg Annual Salary Open Jobs
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Bank of America Software Engineer Salary

1 - 13 years exp. (1.2k salaries)

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₹8.4 L/yr - ₹25.3 L/yr

arrow icon 6% less
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NatWest Group Software Engineer Salary

0 - 12 years exp. (1.1k salaries)

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₹13.1 L/yr - ₹25.3 L/yr

arrow icon 7% more
Login to view exact salary info icon
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Barclays Software Engineer Salary

1 - 8 years exp. (307 salaries)

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₹13.5 L/yr - ₹24 L/yr

At par
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Standard Chartered Software Engineer Salary

0 - 8 years exp. (163 salaries)

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₹10.7 L/yr - ₹20 L/yr

arrow icon 20% less
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Deutsche Bank Software Engineer Salary

0 - 5 years exp. (147 salaries)

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₹13.8 L/yr - ₹25.3 L/yr

arrow icon 1% more
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HDFC Bank Software Engineer Salary

1 - 6 years exp. (91 salaries)

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₹3 L/yr - ₹12.8 L/yr

arrow icon 57% less
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ICICI Bank Software Engineer Salary

0 - 4 years exp. (85 salaries)

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₹7.6 L/yr - ₹14.1 L/yr

arrow icon 44% less
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RBL Bank Software Engineer Salary

1 - 4 years exp. (66 salaries)

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₹6 L/yr - ₹14.2 L/yr

arrow icon 46% less
1 job opening
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Axis Bank Software Engineer Salary

1 - 4 years exp. (65 salaries)

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₹4.5 L/yr - ₹10 L/yr

arrow icon 59% less
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IDFC FIRST Bank Software Engineer Salary

0 - 5 years exp. (53 salaries)

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₹8.1 L/yr - ₹15.2 L/yr

arrow icon 40% less
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AU Small Finance Bank Software Engineer Salary

0 - 5 years exp. (44 salaries)

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₹5.1 L/yr - ₹12.6 L/yr

arrow icon 53% less
1 job opening
Login to view exact salary info icon
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Yes Bank Software Engineer Salary

0 - 7 years exp. (23 salaries)

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₹2.6 L/yr - ₹7.7 L/yr

arrow icon 73% less
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IndusInd Bank Software Engineer Salary

1 - 6 years exp. (18 salaries)

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₹9.1 L/yr - ₹15.6 L/yr

arrow icon 32% less
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DCB Bank Software Engineer Salary

1 - 4 years exp. (14 salaries)

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₹4 L/yr - ₹6.8 L/yr

arrow icon 69% less
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State Bank of India Software Engineer Salary

0 - 4 years exp. (10 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 48% less
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HSBC Electronic Data Processing Software Engineer Salary

3 - 6 years exp. (9 salaries)

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₹4.8 L/yr - ₹8.6 L/yr

arrow icon 63% less
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Canara Bank Software Engineer Salary

2 - 4 years exp. (8 salaries)

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₹3.4 L/yr - ₹4.8 L/yr

arrow icon 78% less
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Bandhan Bank Software Engineer Salary

0 - 6 years exp. (7 salaries)

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₹3.3 L/yr - ₹8 L/yr

arrow icon 70% less
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Equitas Small Finance Bank Software Engineer Salary

2 - 4 years exp. (6 salaries)

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₹2.9 L/yr - ₹5.1 L/yr

arrow icon 79% less
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Bank of Baroda Software Engineer Salary

0 - 4 years exp. (6 salaries)

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₹9.9 L/yr - ₹13.2 L/yr

arrow icon 40% less
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Bank of India Software Engineer Salary

0 - 6 years exp. (5 salaries)

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₹1.7 L/yr - ₹9.6 L/yr

arrow icon 65% less
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Ujjivan Small Finance Bank Software Engineer Salary

3 - 5 years exp. (5 salaries)

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₹7.5 L/yr - ₹14.3 L/yr

arrow icon 43% less
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Jana Small Finance Bank Software Engineer Salary

2 - 4 years exp. (4 salaries)

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₹4.2 L/yr - ₹7 L/yr

arrow icon 68% less
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Utkarsh Small Finance Bank Software Engineer Salary

3 - 5 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.3 L/yr

arrow icon 78% less
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Chase Bank Software Engineer Salary

1 - 5 years exp. (4 salaries)

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₹5.5 L/yr - ₹17.5 L/yr

arrow icon 53% less
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Sberbank Branch in India Software Engineer Salary

7 - 9 years exp. (4 salaries)

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₹33 L/yr - ₹41 L/yr

arrow icon 108% more
View all

Latest annual salaries shared by Kotak Mahindra Bank Software Engineer

5d ago
₹40 Lakhs
4 years exp.
1w ago
₹40 Lakhs
4 years exp.
2w ago
₹19.5 Lakhs
2 years exp.
3w ago
₹20 Lakhs
4 years exp.
1mo ago
₹20 Lakhs
3 years exp.
1mo ago
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2 years exp.
1mo ago
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2 years exp.
1mo ago
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3 years exp.
1mo ago
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3 years exp.
2mo ago
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3 years exp.

Kotak Mahindra Bank Software Engineer salaries by

Years of experience Avg. annual salary
2 years  (20 salaries)

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₹5.7 L/yr - ₹25.7 L/yr
3 years  (16 salaries)

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₹6.4 L/yr - ₹29 L/yr
Login to view exact salary info icon
4 years  (10 salaries)

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₹7.2 L/yr - ₹32.2 L/yr
5 years  (5 salaries)

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₹8.2 L/yr - ₹35.5 L/yr
6 years (AmbitionBox Estimate)

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₹19.4 L/yr - ₹24.7 L/yr

Similar Designation Salaries at Kotak Mahindra Bank

Similar Designation Avg. annual salary
Lead Software Engineer Salary
(3 salaries)
unlock-blur

₹16 L/yr - ₹49 L/yr

Senior Engineer Salary
(8 salaries)
unlock-blur

₹25.4 L/yr - ₹56.3 L/yr

Login to view exact salary info icon
System Engineer Salary
(AmbitionBox Estimate)
unlock-blur

₹5 L/yr - ₹6.4 L/yr

Senior Software Engineer Salary
(50 salaries)
unlock-blur

₹9.3 L/yr - ₹26.3 L/yr

Lead Engineer Salary
(AmbitionBox Estimate)
unlock-blur

₹52.3 L/yr - ₹57.8 L/yr

Software Developer Salary
(47 salaries)
unlock-blur

₹18.1 L/yr - ₹34.8 L/yr

Project Engineer Salary
(3 salaries)
unlock-blur

₹2.2 L/yr - ₹8.4 L/yr

Associate Software Engineer Salary
(3 salaries)
unlock-blur

₹5 L/yr - ₹12 L/yr

Software Development Engineer Salary
(28 salaries)
unlock-blur

₹12 L/yr - ₹36.4 L/yr

Senior Developer Salary
(AmbitionBox Estimate)
unlock-blur

₹39.6 L/yr - ₹50.6 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for Kotak Mahindra Bank

3.8

Rated by 5 employees for salary & benefits

Team Lead in Bangalore / Bengaluru

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  updated 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.

read more
  • Salary - Poor
  • +1 more

Senior Associate in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  updated 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.

read more
  • Salary - Bad
  • +3 more

Elite Relationship Manager in Surat

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 24 Apr 2025

3.0
 for  Salary and Benefits

Likes

Only positive part was a decent salary as a fresher.

Dislikes

First- pathetic work culture. Managers will abuse you to such an extent that you will end up resigning if you have dignity and self respect. Second - other than selling life insurance and general insurance you won't be getting any other work. As a fresher there is no learning even managers work was only to meet customers and sell life insurance. Third- no growth untill you achive unrealistic targets in a year then also you have to meet so many conditions to get promoted which is never gonna happen so you end up in the same position for atleast 2 or 3 years with mere 3-4% hike. Fourth - worst bank in terms of customer centric policies and approaches . Every customer only complains due to its pathetic products and customer service. Fifth- no work life balance . Manager will call you at night or make you sit on the office for not achieving stupid targets. Advice- As a fresher don't go to private banks especially kotak as they will only put you in sales and expect you to do the same amount of work which their 10+ yrs of experienced RMs doing.

read more
  • Skill development - Bad
  • +5 more

Assistant Manager in Bangalore / Bengaluru

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  updated on 18 Apr 2025

3.0
 for  Salary and Benefits

Likes

Support and encouragement is and employees coordination and bonding with colleagues work culture is so good.

  • Job security - Excellent
  • +2 more

Dislikes

Not good salary hikes we have make buckets to managers who will put more bucket they will get good hikes ad promotions, Thier is no promotions for hardwork

read more
  • Promotions - Poor

Deputy Manager in Hyderabad / Secunderabad

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 15 Apr 2025

2.0
 for  Salary and Benefits

Likes

Work friendly with team members.

  • Skill development - Good

Dislikes

...cpc branches, sitting capacity in branches very low . Number DST ALSO VERY LOW . DST salary also very low no increments for front line sales . and no promotions. Fully manual work with compared other banks and NBFC's. Even no festival holidays in month ends. Month end Sunday are working days.

read more
  • Salary - Poor
see more salary related reviews
More about working at Kotak Mahindra Bank
  • Banking
  • 50k-1 Lakh Employees (India)
  • Public
  • Financial Services

Kotak Mahindra Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at Kotak Mahindra Bank ?
The average salary of a Software Engineer at Kotak Mahindra Bank in India typically ranges from ₹14.3 Lakhs to ₹31.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Engineer at Kotak Mahindra Bank earn more than ₹31.6 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Software Engineer 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 50+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Software Engineer at Kotak Mahindra Bank in India?
The estimated take-home salary of a Software Engineer at Kotak Mahindra Bank in India typically ranges from ₹1,20,516 to ₹1,23,900 per month. This is based on the average salary range of ₹14.3 Lakhs to ₹31.6 Lakhs per year for employees with experience ranging from 2 years to 6 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 50+ 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 Engineer in India?
Sberbank Branch in India ₹33.0 Lakhs to ₹41.0 Lakhs per year
NatWest Group ₹13.1 Lakhs to ₹25.3 Lakhs per year
Deutsche Bank ₹13.8 Lakhs to ₹25.3 Lakhs per year
Barclays ₹13.5 Lakhs to ₹24.0 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 Engineer in companies similar to Kotak Mahindra Bank in India?
The salary of a Software Engineer 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 ₹8.4 Lakhs to ₹25.3 Lakhs per year
Standard Chartered ₹10.7 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank ₹9.1 Lakhs to ₹15.6 Lakhs per year
IDFC FIRST Bank ₹8.1 Lakhs to ₹15.2 Lakhs per year
Bank of Baroda ₹9.9 Lakhs to ₹13.2 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 at Kotak Mahindra Bank in India?
The salary growth for a Software Engineer at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
2 years ₹5.7 Lakhs to ₹25.7 Lakhs per year
3 years ₹6.4 Lakhs to ₹29.0 Lakhs per year
4 years ₹7.2 Lakhs to ₹32.2 Lakhs per year
5 years ₹8.2 Lakhs to ₹35.5 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Software Engineer Salaries by Location

  • Kotak Mahindra Bank Software Engineer salaries in Bangalore / Bengaluru
  • Kotak Mahindra Bank Software Engineer salaries in Mumbai
  • Kotak Mahindra Bank Software Engineer salaries in Hyderabad / Secunderabad
  • Kotak Mahindra Bank Software Engineer salaries in Gurgaon / Gurugram
  • Kotak Mahindra Bank Software Engineer salaries in New Delhi
  • Show more
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  • Kotak Mahindra Bank Software Engineer Salaries

Kotak Mahindra Bank Software Engineer salary in India ranges between ₹14.3 Lakhs to ₹31.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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Software Engineer Salary in India
based on 6.1L salaries
₹3 L/yr - ₹17.3 L/yr
100% more than the average Software Engineer Salary in India
View more details

Kotak Mahindra Bank Software Engineer Reviews and Ratings

based on 5 reviews

4.6/5

Rating in categories

4.0

Skill development

4.1

Work-life balance

3.8

Salary

4.1

Job security

4.1

Company culture

3.4

Promotions

4.0

Work satisfaction

Explore 5 Reviews and Ratings

Gender Based Ratings at Kotak Mahindra Bank

based on 5 Software Engineer salaries
3.3
Rated by 2 Women

for Salary and Benefits at Kotak Mahindra Bank

women
5.0
Rated by 3 Men

for Salary and Benefits at Kotak Mahindra Bank

men
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Notice Period for Software Engineer at Kotak Mahindra Bank

based on 38 responses

1 Month
53%
15 days or less
26%
2 Months
13%
3 Months
8%
View all
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