kotak mahindra bank

3.8
kotak.com
34 Years Old
27BKC, C 27, G Block Bandra Kurla Complex, Bandra (E), Mumbai Maharashtra INDIA 400051
Banks & Credit Unions
10000+
Public

Reviews' Summary from 2198 reviews

3.8 / 5

Skill development

3.7

Job Security

3.6

Company culture

3.6

Work-Life balance

3.4

Work Satisfaction

3.4

Career growth

3.4

Salary & Benefits

3.2

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Working Days

Office Travel

Work Timings

Strict

Flexible

kotak mahindra bank Reviews

1 - 10 of 2198 ReviewsSort By: Popularity  |  Latest

Terrible
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Likes

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

Dislikes

Kotak Mahindra is full of Manipulation and fake promises. This people call job seekers by saying them it's not 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

Work

I used to sell policy and do recruitment
But I was told by the time of recruitment that I only have to recruit new people and sell 1-2 policy and I will get a besically salary of 15k for that

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Working Days

Monday to Friday

Job Travel

I have to travel within city

Work Timings

flexible

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1.3k views

1.3k views


Poor
Terrible
Poor
Average
Terrible
Average
Terrible

Likes

Bank has two set of people-growth oriented & below average caliber.Few set of seniors offer opportunities and show trust in your capabilities. On the other hand ground level people like location head and other mentors are politics oriented. I am glad that company has given me opportunity to showcase my leadership skills here. But in general people are not high class/well mannered/posh/swish rather they look like rowdy/road side/gundas/ill mannered. Sometimes you really feel God ! where have I landed man... :(

Dislikes

I received my peanut increment in salary in aug 2017 that too arrears are not taken care of.Location head/unit heads are politics oriented They set trends & team has to follow, note that I said trends not process.Process nobody knows,MOPP don't exist.Work is done in most pathetic way & u cant speak about it.LH/UH do not support decisions/ steps taken by team leaders.Yesterday only my Location head said to me that my team will decide if they accept me as TL or not.My fault I said to one maker that it is 4 pm you have done only 6 conversions since morning( no other work), its month end you need to speed up.That maker called my location head and LH in turn calls me & scolded.I am going to resign tomorrow.LH gets arm twisted by a simple maker who's fresh graduate doing his first job last 6 month only. LH have no idea how to handle such situations but scold soft ones and pamper rowdy.That is the only managerial ability they showcase.

Work

I took up this profile as it is interesting for me but in kotak it sound like working in grocery shop where only LH/UN only decide every things which has no logic,I have to auth cases whrinterest is less than base rate in system with no explanation:(:(:

Work Timings

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1.9k views

1.9k views


Poor
Poor
Terrible
Poor
Poor
Poor
Poor

Likes

Not a good place to work for. Poor Management. The annual ratings are purely biased. There should be a 360 degree appraisal, Not from the consecutive supervisors. Cheap politics is there. I recommend to work for another oranisation/Bank. The lower Management focus on the cost cutting and Employee harrassment. Even if you are a performer. And they can made the cost cutting possible by snubbing the Employee benefits. Thus they show their profits. Your quality work life would become hell. you will loose your happier and joyful life.

Dislikes

1. Most "lichharr" employer.
2. cluster head and RBM Are the worst Bosses I have ever faced in my life.
3. Branch managers and backup managers are the pets of the cluster head. They lick their soles in order to maintain their own position/to seek promotion.
4. they do the cost cutting by sunbbing the employee benefits, thus cluster head show his profit, revenue generation and all.
5. Petty Cash???? For operations staff??? NOT AT ALL.
There is a loooong list.
BETTER YOU JOIN, AND GET THE EXCITING EXPERIENCE. ;-)

Work

If your supervisors are good then you will enjoy your work. You will over perform, else.... Vice versa.. your work life will become hell.

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within city

Work Timings

9:00 AM to 8:00 PM (strict)

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1.7k views

1.7k views


Good
Average
Good
Average
Good
Good
Good

Likes

good human relationship 2.worked with different quality team memberCarrier growth for performing individual is good 4.salary is ok .actually I was rehired after my retirement at the age of 58 . 2 years extension given and I was working under ctc. Extension was given on the basis of my past service in the same bank

Dislikes

Since ING VYSYA BANK employees are under IBA banner and ctc employees
are also co existed in the work place, due to which often there is difference of opinion .HRD is not taking care of such postings. Work pressure was high due to untrained juniors /colleagues.Have to handle things as single person sometimes. Most of the Branch Heads are absorbed from other pvt banks and having sales background only.Internal control is lacking.There is also discremination in perks and incentives which is perculated from top to down.

Work

due to work pressure sometimes Audit rating lacking Got 95%
But doing marketing as well as internal supervision of day to day operation used to feel unhappy.I used to to take help of the team members in that situation and complete it in time.

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Working Days

Monday to Saturday

Job Travel

I do not have to travel. It's a desk job.

Work Timings

9:00 AM to 8:00 PM (strict)

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1.3k views

1.3k views


Terrible
Terrible
Terrible
Terrible
Good
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Terrible

Likes

See if want to do a job then Kotak Mahindra bank is the best bank. But don't expect salary hike,there is no KRA. KRA always change like session. You want promotion then you should know how to do buttering. The best part of Kotak the cashier salary and gun man salary is equal. Yes for designation don't wory office boy join in Assistant manager grade. So you can imagine IN KOTAK branch and chair is AVP AND VP.

Dislikes

This is lala company. They don't have any ethics. Main part gun man and cashier are same salary. They distribute designation free of cost. Office boy is assistant manager.. no Carrier growth.main and important. Kotak bank never ever think about his employee. No family value. In employee friendly if you ask me then I will give -10000000 mark

Work

I spoil my career by joining kotak

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Working Days

You can't plan your holiday. With out productivity or no work pending your boss can open the branch

Job Travel

I do not have to travel. It's a desk job.

Work Timings

8:30 AM to 9:30 PM (strict)

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774 views

774 views


Terrible
Terrible
Terrible
Terrible
Terrible
Terrible
Terrible

Likes

I am thinking why u didn't keep the option of choosing NO STAR!
This is seriously the curse to the banking industry. This actually gave me the first impression of working at banks & i left the industry itself. This is truly idiotic! Why you are running this program also? We were taught different things at Manipal but asked us to work something else at the branch! I was bound by the bank manager many times to move to customer's house to assist them with their work, from the comfort of their home. Apart from that severe humiliation many times by making me sit at the bank when everyone has left. He even misbehaved with me many times, and threatened me many times to transfer to worst areas. Even he asked me to travel long distances to attend his customer for his benefits only! Apart from this i even got some hopeless colleagues who never knew how to behave, plus one of them harrased me very often, publicly as well as privately. Seriously a pathetic work environment, i have ever seen!

Dislikes

Read the above details where you can find what i disliked...

Work

Read the details given under what i like...

Show More

Working Days

Alternate Saturday Off

Job Travel

I have to travel within city

Work Timings

9:00 AM to 9:00 PM (strict)

Facilities

Team outings

Soft skill training

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1.6k views

1.6k views


Poor
Terrible
Poor
Terrible
Terrible
Terrible
Terrible

Likes

There is nothing to like while working with Kotak Mahindra Bank except to showcase that you are working in one of the top banks.

Dislikes

The bosses don't want the freshers to grow. There is no difference in personal banker and direct sales employee. Their only focus is on insurance.If you don't complete the target or if your boss is sitting and your work is complete but I am suppose to sit till 9 pm or even more. The super bosses purposely make a con-call at 9 pm so that the whole branch sits till late. There is no personal life. employees are even called on holidays. Its worst to work in a bank. The worst part there is no proper reimbursement given.we are suppose to use it from our own pockets. Many people work because they are in need of money and no one is happy and satisfied with their jobs. This bank is on the top only because of the employees working at lowest level but their is no importance to them and are treated like dogs. This is not just Kotak Bank but with all the private sector bank.They are paying salary and treating as if they have purchased them.

Work

boring, modern style begging for insurance,

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Working Days

Monday to Saturday

Job Travel

I have to travel within city

Work Timings

flexible

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1.7k views

1.7k views


Average
Terrible
Average
Poor
Poor
Terrible
Terrible

Likes

They have very good processes and systems in place.

Dislikes

No job security. Middle management crisis as people are stuck in rules for years with no growth and senior manageent jaa no career plans for. Middle management. They just ask high cost people to leave as they have no opportunities for them. Annual appraisals are designed to ensure people do not get good ratings and not compensated well or paid bonuses. Rather they reducing positions in middle and top management roles creating even further crisis for people in higher grades. Lower level hire and dire policies are such that u can see more than 50% attrition IN the first year of hiring itself.

Work

Hectic. You need to out 11-12 hrs and half the time with phones on ur ears for concall throughout the day. Ur personal life is zero. U can be called even. when u are on medical leave to attend concall and they do not trust their people At all.

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within city

Work Timings

8:30 AM to 9:00 PM (strict)

Facilities

Health insurance

Job training

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803 views

803 views


Good
Excellent
Good
Excellent
Good
Excellent
Excellent

Likes

In the organisation have good culture & latest technology. as per my experience, there is career growth & team work so i never feel unhappy about role & work. Policy & Process is so strong & that is applicable from down level to higher level. Good Bosses & Team collaboration i never feel bad. My carrier totally changed because of Kotak Bank.

Dislikes

The work pressure is so high & i have to work 10-12 hours. Even i not enjoined my Holidays, Leaves & Week Offs. 24/7 i am available & worked from Home on Leaves, Holidays & Week Offs but i enjoyed the same. Some Management team need to change those behaviors and that is good for organisation growth.

Work

I am part of the HR Operations. I have started working as Payroll activity & My grade was AM. I had worked in Kotak for 9 years. This is 9 years is very exciting for me because of every year on role is added in my responsibility & 4 promotions.

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Working Days

Monday to Friday

Job Travel

I have to travel within country

Work Timings

flexible

Facilities

Work from home

Team outings

Soft skill training

Health insurance

+1 More

Job training

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468 views

468 views


Excellent
Excellent
Excellent
Excellent
Excellent
Good
Excellent

Likes

Good policy. Keeping with today's trend - requirement. Catering all requirements of all segments of people. Rural, urban, loans - variants, service .

Dislikes

Small rural places. The Aam 's move far places from branch - distance more than 20 km for getting business. This is due to the reason , the local place is very small to drive business. They travel big distance locally to small towns and villages . they require conveyance . if separately some amount is given on monthly basis. This will boost their morale and make them feel happy and comfortable. When they bring this to branch head notice, he do not know what to do. He drives them for business ruthlessly. Help the rural AAM"s in this. Remaining all is OK. Please address this.

Work

Excellent. Help us to bring out our talent, ideas

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within city

Work Timings

9:30 AM to 7:30 PM (strict)

Facilities

Education assistance

Health insurance

Job training

Show Less

730 views

730 views


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