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Kotak Mahindra Bank
3.8
based on 16.2k 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 16.2k reviews
On-Par
with industry average
Highly rated for
Job security
Critically rated for
Promotions
Work Policy
Work from office
81% employees reported
Monday to Saturday
41% employees reported
Strict timing
51% employees reported
Within city
51% 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 (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 16.2k reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
7.2k
4
3.6k
3
2.3k
2
949
1
2k
Category Ratings
3.8
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 3.8 out of 5 stars on AmbitionBox, based on 16.2k 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 15.5k reviews
3.6
Rated by 3.6k Women
Rated 3.7 for Job security and 3.5 for Skill development
3.8
Rated by 11.9k Men
Rated 3.8 for Job security and 3.7 for Skill development
Work Policy at Kotak Mahindra Bank
based on 1.8k reviews in last 6 months
Work from office
81%
Hybrid
16%
Permanent work from home
3%
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 16.2k reviews | 4.0/5 based on 37.3k reviews | 3.9/5 based on 38.3k reviews | 3.8/5 based on 24.7k reviews |
Highly Rated for | Job security | 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 92% employees reported | Work from office 85% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.6 Good rated by 3.6k women | 3.9 Good rated by 9.8k women | 3.7 Good rated by 7.9k women | 3.6 Good rated by 5.3k women |
Rating by Men Employees | 3.8 Good rated by 11.9k men | 4.0 Good rated by 25.7k men | 3.9 Good rated by 28.5k men | 3.8 Good rated by 18.3k 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 16.2k employees for salariesDeputy Manager
(11.3k salaries)
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₹1.7 L/yr - ₹8.4 L/yr
Relationship Manager
(2.4k salaries)
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₹1.5 L/yr - ₹10 L/yr
Associate Vice President
(1.5k salaries)
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₹9.7 L/yr - ₹36 L/yr
Junior Associate
(1.1k salaries)
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₹1 L/yr - ₹4 L/yr
Brach Operation Manager
(1.1k salaries)
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₹3.2 L/yr - ₹11.1 L/yr
Credit Manager
(1k salaries)
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₹4 L/yr - ₹14.5 L/yr
Branch Manager
(1k salaries)
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₹7 L/yr - ₹25.6 L/yr
Chief Manager
(1k salaries)
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₹8.8 L/yr - ₹31.5 L/yr
Sales Executive
(898 salaries)
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₹1.2 L/yr - ₹4.5 L/yr
Service Officer
(862 salaries)
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₹1.9 L/yr - ₹4.5 L/yr
Kotak Mahindra Bank Interview Questions
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Kotak Mahindra Bank News
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Rise in NPAs, shrinking margins hit private banks earnings growth in Q3
- Rise in NPAs and shrinking margins have impacted private banks' earnings growth in Q3.
- HDFC Bank reported a 2% YoY rise in net profit at ₹16,740 crore in Q3.
- Axis Bank's Q3 profit was up 4% YoY at ₹6,304 crore, but down 9% on a quarterly basis.
- ICICI Bank and Kotak Bank were outliers, with double-digit growth in profit for Q3.
HinduBusinessLine | 26 Jan, 2025
Top gainers and losers today: January 23, 2025
- Top gainers today: UltraTech Cement, Zomato, M&M, Sun Pharma, Tech Mahindra
- Top losers today: SBI, Reliance, HCL Technologies, Kotak Mahindra Bank, Power Grid
- Sensex ended 0.15% higher, Nifty gained 0.22%
- Selective buying in IT and cement stocks supports market gains amid cautious sentiment
HinduBusinessLine | 23 Jan, 2025
Nifty 50 Top Gainers And Losers On Jan. 23: From UltraTech, Grasim Industries To BPCL, Kotak Mahindra Bank
- Share prices of UltraTech Cement Ltd., Grasim Industries Ltd., and Wipro Ltd. were the top gainers among the NSE Nifty 50 stocks on Thursday.
- Shares of UltraTech Cement soared 6.8% after the company posted robust third-quarter earnings that exceeded analysts' expectations.
- BPCL was the top loser on the Nifty after the company indicated a 20% reduction in Russian crude supplies.
- Kotak Mahindra Bank, HCLTech, Power Grid, and Reliance Industries were among the other losers, falling over 1%.
Bloomberg Quint | 23 Jan, 2025
Markets soar: Kotak Bank leads rally with 9% jump as Financial stocks shine
- Kotak Bank leads rally with 9% jump as Financial stocks shine
- Sensex closes 0.59% higher, Nifty ends 0.61% up
- Kotak Mahindra Bank emerges as the top Sensex gainer
- Zomato and Adani Ports among the losers
HinduBusinessLine | 20 Jan, 2025
Sensex, Nifty rally on the back of Kotak Mahindra Bank stock surge; Nifty Bank leaps 810 pts
- Sensex and Nifty rallied on the back of Kotak Mahindra Bank stock surge.
- Nifty Bank index surged 810.20 points or 1.67% to close at 49,350.80.
- Technology stocks, particularly Wipro, also contributed to the market's upward momentum.
- Insurance stocks faced selling pressure.
HinduBusinessLine | 20 Jan, 2025
From Kotak Mahindra Bank To Wipro, SBI Life: Nifty 50 Top Gainers And Losers On Jan. 20
- Kotak Mahindra Bank and Wipro saw significant gains after their Q3 results.
- Top gainers among Nifty 50 stocks were Kotak Mahindra Bank, Wipro, Bajaj Finance, NTPC, and Bajaj Finserv.
- Top losers among Nifty 50 stocks were SBI Life Insurance, Trent, Shriram Finance, and HDFC Life Insurance.
- The BSE Sensex closed 454 points up, while the NSE Nifty 50 ended 141 points higher.
Bloomberg Quint | 20 Jan, 2025
Stock Market Highlights: Nifty, Sensex Clock Second-Best Session Of 2025; Kotak, HDFC Bank Top Gainers
- Indian benchmark indices closed higher after a blip as the world readies for Donald Trump's swearing-in as the 47th US president along with the flurry of executive orders he is expected to sign.
- The gains in the key gauges were driven by Kotak Mahindra Bank Ltd. and Wipro Ltd. as positive earnings triggered a target price hike by analysts.
- The S&P BSE Sensex Index closed 454 points, or 0.59%, at 77,073.4, while the NSE Nifty 50 was 141 points, or 0.59%, higher at 23,318.
- This session marked the second-best session of 2025 for the Nifty and Sensex.
Bloomberg Quint | 20 Jan, 2025
Sensex surges over 500 points led by Banking, Financial stocks
- Sensex surges over 500 points led by Banking, Financial stocks
- Banking stocks led the rally, with the Nifty Bank index surging 1.82%.
- Kotak Mahindra Bank emerged as the top gainer on the NSE, soaring 9.41%.
- The market showed resilience despite continued selling pressure from FIIs in January.
HinduBusinessLine | 20 Jan, 2025
Groww IPO: Parent Billionbrains Garag Seeks $8 Billion Valuation
- Billionbrains Garage Ventures Pvt. Ltd. is considering an IPO for financial services platform Groww Invest Tech Pvt. Ltd.
- The IPO could raise $750 million or more, with a valuation of $7 billion to $8 billion.
- Banks including JPMorgan Chase and Kotak Mahindra Bank have been chosen for the potential IPO.
- Groww has over 50 million customers and is backed by investors like Microsoft, Ribbit Capital, and Tiger Global.
Bloomberg Quint | 20 Jan, 2025
Kotak Mahindra Bank Q3 Results Review — Post Long-Term Time Correction, Upgrade To 'Buy': Yes Securities
- Yes Securities upgrades Kotak Mahindra Bank to 'Buy' with an unchanged price target.
- The advances for Kotak Mahindra Bank stood at Rs 4,138 billion, up by 3.6% QoQ and 15.1% YoY.
- Over-capitalisation, digital ban, and Activmoney dependence can be overcome, says the brokerage.
- The bank is valued at 2.2x FY26 P/BV for an FY26/27E RoE profile of 14.1%/14.2%.
Bloomberg Quint | 20 Jan, 2025
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Kotak Mahindra Bank Subsidiaries
Kotak Mahindara Life Insurance
3.8
• 2.7k reviews
Kotak Securities
3.6
• 1.6k reviews
Kotak Mahindra Prime
4.0
• 943 reviews
Kotak Mahindra General Insurance
3.8
• 211 reviews
Bss Microfinance
3.7
• 205 reviews
Kotak Mahindra Asset Management Company
4.1
• 106 reviews
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Kotak Mahindra Bank Offices
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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 16,000+ 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 pros and cons of working in Kotak Mahindra Bank?
Working at Kotak Mahindra Bank comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for promotions / appraisal, based on 16,000+ employee reviews on AmbitionBox.
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