Kotak Mahindra Bank Software Development Engineer 1 Salary 2026
The salary of a Software Development Engineer 1 at Kotak Mahindra Bank in Bangalore typically ranges from ₹16 LPA to ₹22 LPA, depending on experience, location, and performance. The average salary is around ₹19 LPA, which includes base salary, Variable Bonus, Deferred Cash.
Kotak Mahindra Bank Salary Breakdown
Base Salary
₹17,50,000
Variable Bonus
₹1,75,000
Deferred Cash
₹1,25,000
Total Compensation
₹19,25,000
How we collect this data: Salary information is crowdsourced from verified employees, offer letters, and anonymous submissions. Each data point is manually reviewed and cross-verified for accuracy before publishing.
Kotak Mahindra Bank Employee Benefits and Perks
Work Mode
Hybrid (Office + Remote)
Banking Perks
Discounted loan rates and exclusive offers on financial products
Deferred Cash
1.25L per year for 4 years
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Companies in BankingKotak Mahindra Bank Tech Stack 2026
Complete list of technologies, frameworks, and tools used at Kotak Mahindra Bank for software development and operations.
Primary Technologies
Last updated: March 2026
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Climate & Living Conditions in Bangalore
Pleasant year-round moderate climate
15°C - 33°C
970mm/year
Moderate
October to February
📅 Seasonal Weather Patterns
Summer
Mar-May
20°C - 33°C
Monsoon
Jun-Sep
19°C - 28°C
Winter
Nov-Jan
15°C - 28°C
Air Quality Index (AQI)
Level
Moderate
Typical Range
50-150
Key Concern
Increasing traffic pollution in peak hours
Humidity: Moderate (60-70%)
💰 Climate-Related Costs
- •AC optional: saves ₹2,000-3,000/month vs other metros
- •Light woolens needed in winter (₹3,000-5,000 one-time)
- •Sudden weather changes - keep umbrella handy
💡 Relocation Tips
- →Most comfortable climate among tier-1 cities
- →Traffic worse during rains - plan commute accordingly
- →Parks and outdoor spaces make lifestyle more affordable
- →Evening weather perfect for outdoor activities
Best Time to Relocate
October to February - Most comfortable weather and easier settling in period
FAQ about Kotak Mahindra Bank Software Development Engineer 1 Salaries
The average base salary for Software Development Engineer 1 at Kotak Mahindra Bank in Bangalore is ₹17,50,000.
The total compensation for freshers at Kotak Mahindra Bank is ₹19,25,000. This includes a base salary, bonuses, and other benefits paid over an year.
Kotak Mahindra Bank Software Development Engineer 1 make an average of ₹19,25,000, ranging from ₹16,36,250 to ₹22,13,750. This includes a base salary, bonuses, and other benefits paid over an year.
No, Kotak Mahindra Bank does not offer stock options (ESOPs) for Software Development Engineer 1.
No, Kotak Mahindra Bank does not provide a relocation bonus for Software Development Engineer 1.
Common skills required for Software Development Engineer 1 at Kotak Mahindra Bank include proficiency in Java, Spring Boot, Oracle DB, AWS.
The top job location for Kotak Mahindra Bank is Bangalore.