Kotak Mahindra Bank Probationary Officer Recruitment 2018

About Kotak Probationary Officer (PO) Programme 2018-19:

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 26 years:

Qualification:

Bachelors Degree in any discipline from a recognized University OR any equivalent qualification recognized by Central Government with 50% 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.

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.3.75 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, 40,000 (plus applicable taxes) per candidate inclusive of boarding and lodging. The fee for the course is paid by the Student Kotak Sales Officers of the Bank in three instalments of Rs.1.4 lakh, 1 lakh & 1 lakh at the beginning of each term.

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.

How To Apply:

Apply Link: Click Here

More Details: Click Here