The Kotak Probationary Officer 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.

Education Qualifications: 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.

Age: Minimum 21 years, Maximum 25 years.

Selection Process:

The selection will be through a multi stage selection process comprising Online Aptitude test, Personality Profiling. Cultural fit profiling and Personal Interview.

Probation Period

Each student on successful completion of the Course (12 months – 9 months class room inputs, 3 months internship at Kotak Bank branch) will be absorbed as a Probationary Officer in Deputy Manager Grade on the rolls of Kotak Bank.

Compensation and Stipend

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.

Stipend

A stipend amount will be paid to the students during the entire duration of the one year course Rs. 2,500/- p.m. during the nine months Campus period, and Rs. 20,000/- p.m. during the internship period.

Course Fee:

Rs.3 lacs + applicable taxes+ refundable Admission Security Deposit of 5000/-. This amount will cover all boarding, lodging and tuition fee expenses for the 9 months classroom Course at Manipal Education.

Contact:

Registered Office

Kotak Mahindra Old Mutual Life Insurance Ltd.
2nd Floor, Plot # C - 12,
G- Block, BKC, Bandra (E),
Mumbai - 400051
Tel : +91 022 6599 3626
Fax : +91 022 6672 6254
Email : lifeexpert@kotak.com