Kotak Mahindra Bank Life Advisor salaries in Hyderabad / Secunderabad

Likes

there is nothing to like in that company what ever I thought was Good I found all were Fake afterwards

Dislikes

...t a target oriented job, there is nothing to sel it's totally a Back office job. Which is totally fake and the biggest fake promise is they say if you join you will get a Fix salary of 15000 per month from the 1st month. I saw many working professional leaving their jobs and join Kotak and their career spoiled. As you know it's a commission base job where you get commission base on number of NOPs you give and the basic salary starts which is hardly 3k after you give 12 NOPs and 5 phf. They never tell you this all by the time of recruitment they just say do as many NOPs as you want it may be 1-2 doesn't matter just focus on recruitment. Their main agenda was to get as many NOPs they can collect and get PHFs so even if the employee left his senior can get those PHFs amount . I used to work for Shakespeare's sharani AC market 6th floor Kolkata my Manager name is Samantha Mukherjee , my senior name is Raju Roy. And my recruiter name is Chandra Nag. Who is actually a telle caller (which I came to know after working their for couple of months) . I even saw a devorcy women modgagging her jewalary for that 1st policy as she was told this is the one and only nop she needs to give she was crying like anything for Godsake of you can do anything after reading this please take action against this. Heart less human beings

Likes

Company's quick assistance toward their costumer. They resolve any issue of their costumer.

Dislikes

Getting promotion is very tough there.No fix salary of LA. After completing the criteria within six month,i didn't get to promote in IAP till now.

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Dislikes

Salary, promortion - these are the worst over here.

Likes

Kotak pays good salary and promotions are totally based on your performance.

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.