Kotak Mahindra Bank Probationary Officer Program

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About Kotak Probationary Officer (PO) Programme 2014-15:

The Kotak Mahindra Probationary Officer (PO) Course has been set up jointly by Kotak Mahindra Bank and Manipal University. The course has been set up to attract bright young graduates to a career in Banking with Kotak Mahindra Bank. The complete course duration will be 12 months, comprising of nine month full-time residential course which is followed by three months of internship in one of the branches at Kotak Mahindra Bank. Those who successfully complete this one year intensive course will be awarded a Post Graduate Diploma in Banking and Relationship Management (PGDBRM) by Manipal University and will be subsequently absorbed as Probationary officers in the Bank in Relationship Roles as a job profile.

The classroom sessions (9 months, trimester pattern) will be conducted at Manipal Education and internship (3 months) will take place at any of the Kotak Bank branches.

The students are paid an educational grant every month for the 9 month duration of the Course and a stipend during the 3 months internship period.

Eligibility Criteria:

Age : Minimum 21 years, Maximum 25 years:

The applicant should be minimum 21 years and maximum 25 years of age at the time of applying for the Course.

During the course of the 9 month class room inputs at Manipal Education Bangalore each student would be paid a fixed amount of Rs. 2500 / – per month as educational grant.http://apuzz.com/wp-admin/post-new.php#

Qualification:Bachelors Degree in any discipline from a recognized University OR any equivalent qualification recognized by Central Government with 60 % (50% for non engineers)or above marks. Students appearing in final year Bachelor degree exams can also apply subject to their submitting their final Bachelor Degree mark sheet & Provisional Certificate on or before date of commencement of the Course.

Important: (Refund)

On successful completion of 48 months of service with Kotak Bank, Rs. 2,50,000 (Rupees Two Lakh and Fifty Thousand only) would be paid back to the Probationary Officer. All payments are subject to applicable tax laws.

Gross Annual Salary:

On joining Kotak Bank as a Probationary Officer post completion of the Course (12 months) successfully as per the criteria laid down, for the first year the Probationary Officer will get a gross annual salary of Rs.3.5 Lakhs. Additionally the PO would be entitled for one time guaranteed Annual Bonus of Rs. 50,000 / – on successful completion of one year of service in Kotak Bank subject to attaining a minimum performance rating of “Meets Expectations”. From the second year onwards the Probationary Officer will move on to the normal bank appraisal cycle.

Selection Process:

The selection will be through a multi stage selection process comprising:

  • Online Aptitude test
  • Personality Profiling
  • Cultural fit profiling
  • Personal Interview

The online tests will be conducted at around 6 locations (Delhi, Kolkata, Mumbai,Hyderabad, Bangalore and Chennai) across the country. There may also be additional test centers incase required. It will be endeavored to give each applicant a test venue closest to his / her place of residence, however Kotak Bank does not guarantee the same.

Course Fee:

The total course fee is fixed at Rs.3,00,000 (plus applicable taxes) per applicant inclusive of boarding and lodging.

In addition to the above, there is a Notional Fee of Rs. 1,00,000/- towards cost of training which shall be borne by Kotak.

Location:

As stated earlier, the campus will be located in Bangalore along with the residential accommodation in
hostels identified for this purpose.

Course Duration

The PGDBRM programme is for a duration of 1 year consisting of 3 terms (9 months) of classroom study at the Bangalore campus and one term (3 months) of internship at the Bank‟s Branches. Each term‟s program is made up of about 12 weeks of classes and related academic activities, immediately followed by end-term examinations in the subjects covered during the term. In the fourth term, there will be professional training offered at different branches of the Bank.

Duration of Class

The duration of each session of classes would be of 75 minutes and 6 sessions are scheduled per day, for 5 days in a week. Besides, the Trainee Officers study additionally at the computer lab and library, for which, the required facilities are kept open from early morning till late in the evening. During
Saturdays, the Trainee Officers will have to work in the computer lab for completing e-modules and assignments.

How To Apply:

Application Process:

Visit KOTAK PROBATIONARY OFFICER – APPLICATION FORM

Attach an updated copy of your resume and submit.

Application fee of Rs. 500/- to be paid to Kotak Bank for applying for this course. Details of fee payment will be sent via email once the selection process for the batch starts.

Applications submitted through the above process only shall be considered for further processing. Incase you have any query on the course please send us an email to kotakpo@kotak.com . (Please do not send applications on this id since applications sent to this id not be considered).

More Info in Course details, Kotak Bank Probationary Officers Syllabys, Books and other details:

http://www.kotak.com/bank/careers/pdf/kpo_prog_prospectus.pdf

 

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