51 salary reports · all figures in lakhs per year (LPA)

Kotak Mahindra Bank salaries in India

What Kotak Mahindra Bank pays, from offers people actually received: by role, experience and city. Medians are used so a few unusual offers do not skew the picture.

Median total compensation
₹48.0 LPA
Median base salary
₹38.3 LPA
Middle 50% of total pay
₹34.0 LPA – ₹55.0 LPA

Kotak Mahindra Bank salary by role

Kotak Mahindra Bank salary by role
GroupMedian totalMiddle 50%Median baseReports
SDE II₹50.8 LPA₹38.0 LPA – ₹57.5 LPA₹38.5 LPA31
SDE I₹17.8 LPA₹14.4 LPA – ₹21.1 LPA₹16.3 LPA5

Kotak Mahindra Bank salary by experience

Kotak Mahindra Bank salary by years of experience
GroupMedian totalMiddle 50%Median baseReports
Senior +₹23.0 LPA₹23.0 LPA – ₹23.0 LPA₹21.1 LPA1
Mid (2-6)₹48.0 LPA₹34.8 LPA – ₹54.0 LPA₹38.0 LPA41
Senior (7-10)₹55.0 LPA₹55.0 LPA – ₹55.0 LPA₹50.0 LPA3
Senior + (11+)₹56.4 LPA₹56.4 LPA – ₹56.4 LPA₹49.0 LPA1

Kotak Mahindra Bank salary by city

Kotak Mahindra Bank salary by city
GroupMedian totalMiddle 50%Median baseReports
Bangalore₹38.0 LPA₹33.9 LPA – ₹53.3 LPA₹35.0 LPA15
Hyderabad₹43.9 LPA₹24.3 LPA – ₹55.8 LPA₹28.0 LPA6
NCR₹26.2 LPA₹19.6 LPA – ₹32.8 LPA₹22.8 LPA2

Latest Kotak Mahindra Bank salary reports

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE I

    Hyderabad · Mid (2-6) · 2026-06-17

    ₹15.00 LPA
    total
    ₹15.00 LPA base
    Breakdown

    Position: SDE-I Base Salary: 15 LPA Variable Pay: 0 RSUs: None Total Compensation (TC): 15 LPA Location: Hyderabad Years of Experience: 2.9 (~3 years)

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Bangalore · Mid (2-6) · 2026-08-30

    ₹51.00 LPA
    total
    ₹46.00 LPA base
    Breakdown

    Education: Tier-1 Years of Experience: 3.6 years Prior Experience: Tier-1 Startup Offer date: January 2026 Base Salary: 46 LPA Performance bonus: 8-14% Total Compensation (average): 51 LPA Benefits: Insurance, Bank Loans etc. Offer was rejected

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Mid (2-6) · 2026-04-30

    ₹51.75 LPA
    total
    ₹45.00 LPA base
    Breakdown

    Role: SDE 2 at Kotak Mahindra Bank Base salary: 45 LPA Variable component: 6.75 LPA Approximate first‑year total compensation: 51.75 LPA Work: Java/Spring Boot, traditional banking with limited learning opportunities Work model: 5 days work‑from‑office Joining/relocation assistance: Yes

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    Role not specified

    Mid (2-6) · 2026-05-04

    ₹54.00 LPA
    total
    ₹50.00 LPA base
    Breakdown

    Verbal offer from Kotak Mahindra Bank 4 years of experience Current role: Startup with 28 LPA base Offer: 50 LPA base salary plus 4 LPA bonus (total 54 LPA) Seeking insights on offer timeline, engineering culture, work‑life balance, growth, and remote/hybrid flexibility

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Bangalore · Mid (2-6) · 2026-05-04

    ₹32.48 LPA
    total
    ₹26.80 LPA base
    Breakdown

    Backend Engineer (SDE-2) role at Kotak ~3.5 years of experience (rounded to 4 years) Base salary: 26.8 LPA Variable component: 2.68 LPA (10% of base) Joining bonus: 3 LPA Total first‑year compensation: 32.48 LPA Location: Bangalore, India Candidate feels the offer is lowballed and is considering negotiation

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Mid (2-6) · 2026-04-08

    ₹50.70 LPA
    total
    ₹37.00 LPA base
    Breakdown

    I had an HR call a week ago for an SDE-2 role at Kotak Mahindra Bank. I am asking how long it takes to generate an offer letter after the HR call. The proposed compensation by HR is: Base 37 LPA, Bonus 3.7 LPA, Deferred Cash 40 LPA for 4 Years (10 LPA annually). My total YOE is 6. I am questioning if this compensation is a lowball offer, as HR mentioned this is the maximum they can offer due to recent budget changes. I am also asking if anyone has received a higher offer recently.

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Bangalore · Mid (2-6) · 2026-03-04

    ₹36.80 LPA
    total
    ₹33.50 LPA base
    Breakdown

    Company: Kotak Mahindra Bank Title: SDE 2 Location: Bengaluru Base Salary: INR 33.5 Lakhs Performance Bonus: Variable - 10% of salary every year (3.3 Lakhs) Total compensation: INR 36.8 Lakhs

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Bangalore · Mid (2-6) · 2026-02-06

    ₹43.20 LPA
    total
    ₹36.00 LPA base
    Breakdown

    I received an offer from Kotak for an SDE 2 role in Bengaluru. The base salary is 36 LPA. The offer also includes a 20% bonus. My total compensation for the first year calculates to 43.2 LPA.

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Mid (2-6) · 2026-01-16

    ₹51.00 LPA
    total
    ₹40.00 LPA base
    Breakdown

    I received an offer from Kotak for the SDE-2 role. The compensation details are: Base: 40 LPA Variable: 10% (~4 LPA) Deferred cash: 5 LPA for the next 4 years (compensation for ESOPs in my current company) Joining bonus: 2 LPA The total compensation is 51 LPA, which is all cash. I am confused about whether to join Kotak due to negative feedback regarding its 3-month notice period. HR mentioned it's negotiable to 45-60 days, but the offer letter states 3 months as per company policy for all bank employees. …

  • Kotak Mahindra Bank logo

    Kotak Mahindra Bank✓Verified data point

    SDE II

    Mid (2-6) · 2025-12-23

    ₹58.00 LPA
    total
    ₹50.00 LPA base
    Breakdown

    I received an offer for an SDE 2 role. My current experience is 3.5 years. The base salary component is 50 LPA. The offer includes a variable pay of 5 LPA. A joining bonus of 3 LPA is also part of the offer. The total compensation for the first year amounts to 58 LPA. I inquired about deferred cash, but it was not provided as my current company is not public yet.

See every Kotak Mahindra Bank salary report

Kotak Mahindra Bank salary FAQ

What is the average salary at Kotak Mahindra Bank?

Across 51 reports, the median total compensation at Kotak Mahindra Bank is ₹48.0 LPA a year, with a median base salary of ₹38.3 LPA. The middle half of reports fall between ₹34.0 LPA and ₹55.0 LPA.

What is the Kotak Mahindra Bank SDE II salary?

31 SDE II reports put the median total compensation at ₹50.8 LPA and the median base at ₹38.5 LPA.

What is the Kotak Mahindra Bank SDE I salary?

5 SDE I reports put the median total compensation at ₹17.8 LPA and the median base at ₹16.3 LPA.

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