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Kotak Mahindra Bank
3.8
based on 15.7k Reviews
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
3.8/5
based on 15.7k reviews
56% above
industry average
Highly rated for
Job Security
Critically rated for
Promotions/Appraisal
Work Policy
Work from office
81% employees reported
Monday to Saturday
41% 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
634 employees reported
Cafeteria
262 employees reported
Office cab/shuttle
126 employees reported
View all benefits
About Kotak Mahindra Bank
Founded in2003 (21 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 Subsidiaries
Kotak Mahindara Life Insurance
3.8
• 2.6k reviews
Kotak Securities
3.7
• 1.5k reviews
Kotak Mahindra Prime
4.0
• 916 reviews
Kotak Mahindra General Insurance
3.8
• 207 reviews
Bss Microfinance
3.6
• 198 reviews
Kotak Mahindra Asset Management Company
4.2
• 102 reviews
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AmbitionBox Best Places to Work in India Awards
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Kotak Mahindra Bank Ratings
based on 15.7k reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
7k
4
3.6k
3
2.3k
2
926
1
1.9k
Category Ratings
3.8
Job Security
3.6
Skill Development
3.6
Work-Life Balance
3.6
Company Culture
3.4
Salary & Benefits
3.4
Work Satisfaction
3.3
Promotions/Appraisal
Kotak Mahindra Bank is rated 3.8 out of 5 stars on AmbitionBox, based on 15.7k 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 15.1k reviews
3.6
Rated by 3.5k Women
Rated 3.7 for Job Security and 3.5 for Skill Development
3.8
Rated by 11.6k Men
Rated 3.8 for Job Security and 3.7 for Skill Development
Work Policy at Kotak Mahindra Bank
based on 1.5k 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 | 3.8/5 based on 15.7k reviews | 4.0/5 based on 36.7k reviews | 3.9/5 based on 37.5k reviews | 3.8/5 based on 24.2k reviews |
Highly Rated for | Job Security | Job Security Skill development Company culture | Job Security Skill development | No highly rated category |
Critically Rated for | Promotion/Appraisals | No critically rated category | Promotion/Appraisals | Promotion/Appraisals |
Primary Work Policy | Work from office 81% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.6 Good rated by 3.5k women | 3.9 Good rated by 9.6k women | 3.7 Good rated by 7.7k women | 3.7 Good rated by 5.2k women |
Rating by Men Employees | 3.8 Good rated by 11.6k men | 4.0 Good rated by 25.3k men | 3.9 Good rated by 27.9k men | 3.8 Good rated by 17.9k men |
Job Security | 3.8 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
Kotak Mahindra Bank Salaries
3.4
rated by 15.7k employees for salariesDeputy Manager
(11.3k salaries)
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₹1.7 L/yr - ₹8 L/yr
Relationship Manager
(2.3k salaries)
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₹1.5 L/yr - ₹10 L/yr
Associate Vice President
(1.4k salaries)
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₹10 L/yr - ₹36 L/yr
Brach Operation Manager
(1.2k salaries)
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₹3.2 L/yr - ₹11.5 L/yr
Credit Manager
(1k salaries)
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₹3.8 L/yr - ₹15.2 L/yr
Chief Manager
(1k salaries)
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₹8.2 L/yr - ₹28.5 L/yr
Branch Manager
(1k salaries)
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₹6.8 L/yr - ₹25.6 L/yr
Junior Associate
(886 salaries)
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₹1 L/yr - ₹4 L/yr
Service Officer
(867 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
Branch Relationship Manager
(816 salaries)
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₹3.5 L/yr - ₹9.5 L/yr
Kotak Mahindra Bank Interview Questions
Interview questions by designation
Top Kotak Mahindra Bank interview questions and answers
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Interview Process at Kotak Mahindra Bank
based on 301 interviews in last 1 year
Interview Experience
4.1
Good
Difficulty level
Easy
42%
Moderate
53%
Hard
5%
People are getting interviews through
based on 725 Kotak Mahindra Bank interviews
Referral
24%
Job Portal
22%
Walkin
16%
Campus Placement
7%
*31% candidates got the interview through other sources
High confidence
Kotak Mahindra Bank Jobs
Kotak Mahindra Bank News
View all
Amazon exits India's Shoppers Stop after selling 4% stake for Rs 276 crore
- Global e-commerce giant Amazon has sold its 4% stake in Indian retailer Shoppers Stop.
- The move highlights the changing dynamics of India's retail market.
- Amazon's investment arm sold nearly 44 lakh shares at an average price of Rs 627.60 per share.
- Notable buyers of the shares include 360 One, Kotak Mahindra Mutual Fund, Tata Mutual Fund, and Morgan Stanley.
ISN | 19 Dec, 2024
Amazon Exits Shoppers Stop, Makes 54% Gain On Original Investment
- Amazon.com Inc. has exited Shoppers Stop Ltd. by selling its entire 4% stake for Rs 276 crore.
- The US-based company offloaded nearly 44 lakh shares at Rs 627.6 apiece through an open market bulk deal.
- Through this bulk deal, Amazon made a gain of nearly Rs 97 crore, at a profit of almost 54%.
- Tata Mutual Fund, Kotak Mahindra Mutual Fund, and Morgan Stanley Asia Singapore Pte. picked up a total of 35 lakh Shoppers Stop shares at Rs 627.6 apiece.
Bloomberg Quint | 19 Dec, 2024
Hybrid funds inflow touch ₹1 lakh crore as markets turn volatile
- The asset under management of hybrid funds has increased by 16% to ₹8.77 lakh crore in the past month as investors seek refuge from market volatility and high equity valuations.
- Hybrid funds provide a diversified portfolio of equity and debt, offering investors a chance to earn decent returns while mitigating risks.
- In the hybrid fund category, Nippon India Multi Asset Fund has delivered a 26% return in the last one year, while ICICI Pru Multi-Asset, HDFC Multi Asset, and Kotak Multi Asset Allocation have returned 22%, 19%, and 23% CAGR respectively.
- Hybrid funds are gaining popularity as they provide capital protection and growth, fulfilling the critical needs of investors in volatile market conditions.
HinduBusinessLine | 17 Dec, 2024
FTSE Rejig: Bharti Hexacom, Go Digit General Insurance Join Ranks
- The FTSE stock rejig, set to take effect on Dec. 23, 2024, will include two new additions— Bharti Hexacom Ltd. and Go Digit General Insurance Ltd.
- Major BFSI players like ICICI Bank Ltd., Kotak Mahindra Bank Ltd., and Bajaj Finance Ltd. will see inflows of $310 million, $118 million, and $66 million, respectively.
- Adani Green Energy Ltd., Mahindra & Mahindra Ltd., and Shriram Finance Ltd. will face outflows of $48 million, $38 million, and $27 million, respectively.
- Shares of Go Digit were trading 4.18% up, while Bharti Hexacom saw a marginal increase of 0.92% in early trade.
Bloomberg Quint | 17 Dec, 2024
Market rebounds strongly, FMCG and IT sectors lead gains
- The market rebounded strongly after initial selling pressure, with the Nifty recovering 600 points and ending the day on a positive note.
- FMCG, Infrastructure, and IT sectors performed well, with Nifty FMCG index increasing by 1.39%.
- Top gainers included Bharti Airtel, ITC, Kotak, HUL, and Ultratech.
- Macroeconomic indicators like CPI inflation and IIP growth showed positive trends, while the Rupee strengthened against the dollar.
HinduBusinessLine | 13 Dec, 2024
Torrent Power QIP subscribed 4 times
- Torrent Power's QIP (Qualified Institutional Placement) has been subscribed 4 times, receiving bids of about ₹14,000 crore against the base issue size of ₹3,500 crore.
- The strong demand from domestic mutual funds, global investors, and insurance companies demonstrates their confidence in the company's fundamentals and India's power sector.
- The QIP was well-received by marquee long only investors, including SBI MF, Capital Group, SBI Pension, Kotak MF, Nippon MF, Norges Bank, and Amundi.
- This equity raise is the first in three decades by Torrent Group and is one of the largest fund raises conducted by a private utility player in India this financial year.
HinduBusinessLine | 9 Dec, 2024
ICICI Bank, Axis Bank Are BofA's Safe Picks As It Sees Indian Banks In Credit–Tightening Cycle
- Indian banks have entered into a credit–tightening cycle, according to BofA. Managements of the banks expect further cuts in their earning per share.
- The focus will be stressed at the asset quality issues in the microfinance space. Small and mid–sized private banks will witness more reduction in their EPS compared to large private banks. Public–sector banks will be least impacted.
- Credit growth in the banking system moderated to 12.8% as of October. Liquidity surplus moderated to Rs 0.5 lakh crore as of Nov. 30.
- Nomura's top picks for safe banks are ICICI Bank, State Bank of India, and Kotak Mahindra Bank.
Bloomberg Quint | 3 Dec, 2024
HDFC, Kotak & IndusInd: Will the private bank triumvirate regain their power?
- Investors who bet on stocks like Kotak Mahindra Bank, HDFC Bank, and IndusInd Bank five years ago have experienced minimal returns amidst volatility and risk.
- The average stock price CAGR of these banks in the last five years is just 0.1%, compared to the robust 20.3% CAGR of the Nifty PSU Bank Index.
- The valuation premium of HDFC, Kotak, and IndusInd banks has shrunk, while PSU banks have improved their balance sheets and quality loan books.
- Competition from attractively valued PSU banks, coupled with challenges faced by private banks, has resulted in the de-rating of their valuation premium.
HinduBusinessLine | 30 Nov, 2024
CCI okays Kotak Mahindra Bank's deal to acquire Stan Bank's personal loan portfolio
- The Competition Commission of India (CCI) has approved Kotak Mahindra Bank's acquisition of Standard Chartered Bank India's personal loan portfolio.
- The acquisition will be worth Rs 4,100 crore.
- The deal involves Kotak Mahindra Bank acquiring the unsecured personal loans portfolio of Standard Chartered Bank India.
- This acquisition aligns with Kotak Mahindra Bank's strategy to strengthen its position in the retail credit market and focus on customer-centric growth.
Yourstory | 27 Nov, 2024
Axis, HDFC Bank To Bank Of Baroda — Check The Best FD Rates Here
- Bank of Baroda offers the best rates for investors looking to deposit their money for a one year period with 6.85% interest.
- Punjab National Bank follows closely with 6.80% interest.
- Axis Bank offers the least interest for the one year period with 6.00% interest.
- For the three-year deposit, Kotak Mahindra Ltd. and Bank of Baroda offer the highest rate of 7.15%.
Bloomberg Quint | 27 Nov, 2024
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