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Kotak Mahindra Bank
3.7
based on 17.2k Reviews
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Company Overview
Associated Companies
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Working at Kotak Mahindra Bank
Company Summary
Kotak Mahindra Bank offers high-interest rate savings accounts, low-interest rate personal loans, and credit cards with attractive offers.
Overall Rating
3.7/5
based on 17.2k reviews
3% below
industry average
Critically rated for
Promotions
Work Policy
Work from office
81% employees reported
Monday to Saturday
42% employees reported
Strict timing
51% employees reported
Within city
50% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
816 employees reported
Health insurance
633 employees reported
Cafeteria
260 employees reported
Office cab/shuttle
125 employees reported
View all benefits
About Kotak Mahindra Bank
Founded in2003 (22 yrs old)
India Employee Count50k-1 Lakh
Global Employee Count50k-1 Lakh
India HeadquartersMumbai, Maharashtra, India
Websitekotak.com
Primary Industry
Other Industries
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In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd. Effective April 1, 2015, ING Vysya Bank Ltd. merged with Kotak Mahindra Bank Ltd. The Bank has four Strategic Business Units – Consumer Banking, Corporate Banking, Commercial Banking and Treasury, which cater to retail and corporate customers across urban and rural India. The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore.
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Kotak Mahindra Bank Ratings
based on 17.2k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
7.6k
4
3.8k
3
2.5k
2
1k
1
2.2k
Category Ratings
3.7
Job security
3.6
Work-life balance
3.6
Skill development
3.5
Company culture
3.4
Salary
3.4
Work satisfaction
3.3
Promotions
Kotak Mahindra Bank is rated 3.7 out of 5 stars on AmbitionBox, based on 17.2k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Kotak Mahindra Bank
based on 16.6k reviews
3.6
Rated by 3.8k Women
Rated 3.7 for Job security and 3.5 for Skill development
3.8
Rated by 12.8k Men
Rated 3.7 for Job security and 3.7 for Skill development
Work Policy at Kotak Mahindra Bank
based on 2.7k reviews in last 6 months
Work from office
81%
Hybrid
15%
Permanent work from home
4%
Kotak Mahindra Bank Reviews
Top mentions in Kotak Mahindra Bank Reviews
+ 5 more
Compare Kotak Mahindra Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 17.2k reviews | 4.0/5 based on 38.8k reviews | 3.9/5 based on 40.4k reviews | 3.8/5 based on 26k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | Promotions | No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 81% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.6 Good rated by 3.8k women | 3.9 Good rated by 10.3k women | 3.7 Good rated by 8.5k women | 3.6 Good rated by 5.6k women |
Rating by Men Employees | 3.8 Good rated by 12.8k men | 4.0 Good rated by 26.7k men | 3.9 Good rated by 29.9k men | 3.8 Good rated by 19.3k men |
Job security | 3.7 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
Kotak Mahindra Bank Salaries
Kotak Mahindra Bank salaries have received with an average score of 3.4 out of 5 by 17.2k employees.
Deputy Manager
(11.4k salaries)
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₹1.7 L/yr - ₹8.5 L/yr
Relationship Manager
(2.3k salaries)
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₹1.5 L/yr - ₹10 L/yr
Associate Vice President
(1.5k salaries)
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₹8.3 L/yr - ₹35 L/yr
Brach Operation Manager
(1.3k salaries)
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₹3.2 L/yr - ₹12 L/yr
Branch Manager
(1.1k salaries)
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₹7 L/yr - ₹26 L/yr
Credit Manager
(1k salaries)
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₹3.8 L/yr - ₹15 L/yr
Branch Relationship Manager
(887 salaries)
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₹3 L/yr - ₹9.1 L/yr
Service Officer
(872 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
Junior Associate
(837 salaries)
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₹1 L/yr - ₹4 L/yr
Chief Manager
(814 salaries)
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₹9 L/yr - ₹30.8 L/yr
Kotak Mahindra Bank Interview Questions
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Kotak Mahindra Bank News
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IDFC First, Bandhan, RBL, Ujjivan, Suryodhay et al: A decade of bank IPOs and how the search for the next HDFC Bank boomeranged
- Many banking stocks, including private banks and small finance banks (SFBs), have underperformed and failed to replicate the success of HDFC Bank.
- Out of all bank IPOs in the last decade, only a few, including AU SFB, CSB Bank, Equitas SFB, and Jana SFB, have posted positive returns since IPO.
- Most banking stocks have significantly lagged behind the Nifty Bank index, with only a few exceptions like Federal Bank.
- The top 5 banks, including HDFC Bank, SBI, ICICI Bank, Axis Bank, and Kotak Mahindra Bank, have dominated the banking sector and driven the index's growth.
HinduBusinessLine | 23 Mar, 2025
Bank IPOs and the great boomerang
- The long-term performance of many banking stocks, including private banks and small finance banks, has been underwhelming compared to the index.
- Out of all the bank IPOs in the last decade, only AU SFB has managed to post positive returns and beat the index.
- In the Indian banking sector, the top five banks - HDFC Bank, SBI, ICICI Bank, Axis Bank, and Kotak Mahindra Bank - have driven the index's growth.
- Investors are advised to consider buying the index rather than trying to pick individual stocks, as long-term returns are uncertain in the banking sector.
HinduBusinessLine | 23 Mar, 2025
Kotak Mahindra Bank Appoints Bhavnish Lathia As Chief Technology Officer
- Kotak Mahindra Bank appointed Bhavnish Lathia as Chief Technology Officer and a senior management personnel.
- Vyomesh Kapasi was appointed as a member of the group management council and a senior management personnel of the bank.
- Lathia has been the chief of customer experience and head of technology – consumer bank at the bank, having experience of over 27 years in global technology, products, and platform management.
- Kapasi is currently the head of consumer bank – product in the company and has about 37 years of experience in retail assets and auto finance, including 30 years with the Kotak Mahindra Group.
Bloomberg Quint | 22 Mar, 2025
Market rally extends to 5th straight session, Nifty above 23,350 levels amid fresh foreign fund inflows
- Market rally extends to 5th straight session with Nifty closing above 23,350 levels.
- Rupee's strength against the US dollar contributes to positive market sentiments.
- Top gainers in Sensex pack include NTPC, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, and Larsen & Toubro.
- Foreign Institutional Investors bought equities worth over 3,239 crore Rupees.
HinduBusinessLine | 21 Mar, 2025
NSE/BSE, top gainers & top losers today 21 March 2025: NTPC, Bajaj Finance, Kotak Bank, Infosys, Tata Steel
- Top gainers on NSE/BSE on 21 March 2025: NTPC, Bajaj Finance, Kotak Bank, Infosys, Tata Steel.
- NTPC surged 2.78% and Bajaj Finance rose 2.75% supported by increased demand in the energy sector.
- Kotak Mahindra Bank gained 2.41% amid renewed optimism in banking stocks.
- Infosys declined 1.34% and Tata Steel slipped 1.10% as profit-booking hit the IT and metal sector.
HinduBusinessLine | 21 Mar, 2025
Top gainers & losers intraday 21 March 2025: Bajaj Finance, Manappuram hits 52-week high
- Top gainers: Bajaj Finance, Bharat Petroleum, SBI Life, L&T, and NTPC.
- Top losers: IndusInd, Infosys, Trent, Bajaj Finserv, and Hindalco.
- The broader indices, Sensex and Nifty 50, rallied with gains of 0.86% and 0.83% respectively.
- Several stocks hit 52-week highs, including Bajaj Finance, Manappuram Finance, Avanti Feeds, and Kotak Mahindra.
HinduBusinessLine | 21 Mar, 2025
Nifty Top Gainers And Losers On March 19: From HDFC Bank, RIL To Infosys And More
- The NSE Nifty 50 ended 73 points or 0.34% higher at 22,907.6, while the BSE Sensex closed 147 points or 0.2% up at 75,449.
- The top gainer for the day was HDFC Bank, contributing about 19.4 points to the index, while Reliance closely followed by accounting for 13.59 points worth of gain in the index.
- The stocks that weighed on the index were TCS, Tech Mahindra, and Kotak Bank, along with others.
- The IT sector was a key drag on the Nifty, while the majority of other sectoral indices ended trade in the green.
Bloomberg Quint | 19 Mar, 2025
PC Jeweller Share Price Rises 6% As Company Set To Raise Funds To Clear Debt
- PC Jeweller share price rose 6% as the company plans to raise funds to clear the outstanding debt of Rs 1,510 crore.
- The company will allot shares on a preferential basis and will issue 51.71 crore shares at an issue price of Rs 29.20 apiece.
- The shares will be allotted to a consortium of lenders, including State Bank of India, Canara Bank, Punjab National Bank, Axis Bank, IndusInd Bank, and Kotak Mahindra Bank.
- PC Jeweller share price rose 6.05% to Rs 14.20 apiece and continued its rally after reversing losses from the previous session.
Bloomberg Quint | 18 Mar, 2025
Best Tax-Saving Fixed Deposits To Reduce Your Income Tax Liability
- Tax-saving fixed deposits (FDs) offer a secure investment option with guaranteed returns, while providing tax benefits under Section 80C of the Income Tax Act, 1961.
- Tax-saving FDs are deposit schemes that allow people to claim a deduction of up to Rs 1.5 lakh annually under Section 80C of the Income Tax Act, 1961.
- Tax-saving fixed deposits operate similarly to traditional FDs, with a five-year lock-in period and fixed interest rate.
- Various banks in India offer competitive interest rates on tax-saving FDs, such as ICICI Bank, HDFC Bank, Axis Bank, State Bank of India (SBI), and Kotak Mahindra Bank.
Bloomberg Quint | 15 Mar, 2025
Nifty Top Gainers And Losers On March 12: From IndusInd Bank, Tata Motors To Infosys And Wipro
- Shares of IndusInd Bank Ltd. and Tata Motors Ltd. were the top gainers on Nifty, while IT stocks led by Infosys Ltd. and Wipro Ltd. fared the worst.
- IndusInd Bank stock managed to claw back after a 33% drop over the past week, as investors bought shares. Tata Motors closed 3.1% higher, while Jaguar Land Rover has shelved plans to build electric vehicles in India.
- Shares of Infosys fell about 5.5% intraday, amid a broader downturn in IT stocks. Nifty IT fell into bear market territory, with Wipro sinking 3.4% and Tech Mahindra Ltd. dropping 2.8%.
- Overall, Nifty companies shed Rs 48,700 crore from their market capitalisation. HDFC Bank Ltd. and Kotak Mahindra Bank added the most to the Nifty, while Infosys and Tata Consultancy Services weighed on the benchmark.
Bloomberg Quint | 12 Mar, 2025
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Kotak Mahindra Bank Subsidiaries
Kotak Mahindara Life Insurance
3.7
• 2.9k reviews
Kotak Securities
3.6
• 1.6k reviews
Kotak Mahindra Prime
4.0
• 1k reviews
Bss Microfinance
3.6
• 227 reviews
Kotak Mahindra General Insurance
3.7
• 220 reviews
Kotak Mahindra Asset Management Company
4.0
• 110 reviews
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Kotak Mahindra Bank Offices
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3.9
Central Bank of India
3.9
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Kotak Mahindra Bank FAQs
When was Kotak Mahindra Bank founded?
Kotak Mahindra Bank was founded in 2003. The company has been operating for 22 years primarily in the Banking sector.
Where is the Kotak Mahindra Bank headquarters located?
Kotak Mahindra Bank is headquartered in Mumbai, Maharashtra. It operates in 31 cities such as Mumbai, New Delhi, Bangalore / Bengaluru, Hyderabad / Secunderabad, Kolkata. To explore all the office locations, visit Kotak Mahindra Bank locations.
How many employees does Kotak Mahindra Bank have in India?
Kotak Mahindra Bank currently has more than 60,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Kotak Mahindra Bank based on the number of reviews submitted on AmbitionBox.
Does Kotak Mahindra Bank have good work-life balance?
Kotak Mahindra Bank has a Work-Life Balance Rating of 3.6 out of 5 based on 17,000+ employee reviews on AmbitionBox. 67% employees rated Kotak Mahindra Bank 4 or above, while 33% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Kotak Mahindra Bank work-life balance reviews for more details
Is Kotak Mahindra Bank good for career growth?
Career growth at Kotak Mahindra Bank is rated as moderate, with a promotions and appraisal rating of 3.3. 33% employees rated Kotak Mahindra Bank 3 or below, while 67% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Kotak Mahindra Bank promotions/appraisals reviews for more detailed insights.
What are the cons of working in Kotak Mahindra Bank?
Working at Kotak Mahindra Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 17,000+ employee reviews on AmbitionBox.
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