Kotak Mahindra Bank Career 2013: A Promising Avenue For A Career Formation
The Birth of Kotak Mahindra Bank:
Kotak Mahindra Finance Ltd, was established in the year 1985. Initially it was a non-banking type of finance company. The license of carrying on the banking business was obtained on February 2003 by the Reserve Bank of India. In Indian history, Kotak Mahindra Finance Limited is the first company to get converted to a bank. The registered office of the bank is at Nariman Bhavan and at Nariman Point in Mumbai. This is one of the largest private sector banks of India with numerous branches throughout the country and well trained employees. The accounts and plans are quite flexible and are designed to meet the demands of the customers with ease.
Job scenario of this particular bank:
The job scenario of Kotak Mahindra Bank Ltd. is quite interesting. The employers enjoy a good working environment and the co-workers are very co-operative. The various types of jobs offered by this bank are divided into different sectors like banking sector, life insurance, securities, investment banking, international business sector, mutual fund, private equity, realty fund and other sectors. The net banking facility of Kotak Mahindra Bank Ltd is technologically one of the most advanced and secure. Most of the clients of this bank use the net banking facility.
Job opportunities at this bank for the year 2012:
Like most of the other banks, Kotak Mahindra is also recruiting interested applicants in the year 2012. There are many openings for the post of Clerks, Branch Managers, Relationship Manager, Branch Operation Manager, Business Developer and many more. The eligibility criteria are different for different posts. For some posts fresh graduates are being recruited while for other post experience people may be demanded who have been in the field of banking for 6 months up to 5 years or more.
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Most importantly, this bank believes in including ‘fun’ element for every employee, which signifies its dedication for offering its employees a highly admirable atmosphere for learning and growth. Kotak Mahindra in association with Manipal Group has established a training institution for Probationary officers under which a candidate, who get selected for Probationary Officer, will have to undergo a specially devised training program for 1 year. This training will award him a PG Diploma in Banking and the candidate will be allowed to serve a stipendiary internship of 3 months along with 9 months of class room coaching. After successful completion of the training, the candidates will be allowed to join the Kotak Mahindra Bank as Probationary Officers with a pay scale and remuneration.
Recruitment expectations for the year 2013:
Most of the banks are expanding their business process in the upcoming years and so is Kotak Mahindra Bank Ltd. This is another the reasons why this bank is expected to take in a lot of people as their workforce and this trend will continue for next few years. There is an expectation of mass recruitment during the year 2013. To know about the details of recruitment one can check the website of the bank through its career section.
Know why people like to work for Kotak Mahindra Bank Ltd.
Kotak Mahindra bank tops the list of the most reputed and efficient private sector banks in the country. It promises its customers a number of advantages and is quite efficient in delivering them. It is continually developing to overcome its shortcomings. This bank is also a good platform for ambitious freshers .This bank offers a handsome salary and incentives to its workforce, as well. Joining this bank as an employee can be a good way to kick-start one’s career, especially for fresh graduate candidates. With an initial annual compensation of around 3.5 lakhs INR, this bank offering a highly amicable career options for Managers at the starting point of their career. With a provision for cashless training and associate facilities this bank is striving hard to offer an admirable career option for those, who are dedicated to form their career with this frontline banking institution.