Kotak Mahindra Reviews

Updated April 16, 2015
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2.8
175 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Kotak Mahindra Executive Vice Chairman & Managing Director Uday S. Kotak
Uday S. Kotak
30 Ratings

Pros
  • Good working environment, Nice products, A more of Government like company (in 15 reviews)

  • There was a good work life balance (in 9 reviews)

Cons
  • bad work culture; worst work-life balance; working on saturdays; low salaries (in 7 reviews)

  • No work life balance, you wont get free after working for 8 hours (in 4 reviews)

More Pros and Cons

Employee Reviews

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  1. Good company , fair management , good working conditions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Manager
    Former Employee - Relationship Manager

    I worked at Kotak Mahindra full-time (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    There was a good work life balance. Upper management is very open to ideas. It is a progressive company

    Cons

    Salary could be higher. Offices must be more well maintained.

    Advice to Management

    Be more transparent with salary structure

  2. Feed back

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - ARM in Baroda, MI
    Former Employee - ARM in Baroda, MI

    I worked at Kotak Mahindra full-time (more than 3 years)

    Recommends
    Recommends

    Pros

    Gr8 experiance in a broking industry as working in KOTAK

    Cons

    No cons as m satisfied

  3. Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Kotak Mahindra

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    employee appreciation is done well and knowledge advancement is highly possible

    Cons

    senior management ambiguity and work satisfaction is less

    Advice to Management

    clearer administration of duties to every level of hierarchy,transparency

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. good working colture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Kotak Mahindra

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good brand to work with

    Cons

    please make sure you understand profile before accepting job.

  6. Deputy Relationship Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Kotak Mahindra

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Improved Learning of all products

    Cons

    Restraint in growth & development of employee

  7. Its just Ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Branch Head in Mumbai (India)
    Current Employee - Branch Head in Mumbai (India)

    I have been working at Kotak Mahindra full-time (more than 8 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good learning, No politics, Job rotation options, fastest growing bank , Professional,

    Cons

    No work life balance, No employees social & personal benefits

  8. Pretty good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Sales Intern in Bangalore (India)
    Former Intern - Sales Intern in Bangalore (India)

    I worked at Kotak Mahindra as an intern (less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good people, good company, good management

    Cons

    Very monotonous and can be pretty boring for youngsters

  9. The entrepreneurial environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Banking Relationship Manager in Ahmedabad (India)
    Current Employee - Business Banking Relationship Manager in Ahmedabad (India)

    I have been working at Kotak Mahindra full-time (more than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Provides opportunity to take onus of things and set the ball rolling.
    Easy access to people in the hierarchy allows the ease of working.

    Cons

    Lack of proper hand holding for fresh people in the industry. The unending thankless job of trying to satisfying your customers demands which again are unending.
    Monetary incentive missing.

    Advice to Management

    Proper management guidance shall motivate the budding people to work and progress. In absence of proper guidance and hand holding the employees lose track of the long term vision.

  10. Pathetic Organization, politics, lack of strong policies

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Delhi (India)
    Current Employee - Anonymous Employee in Delhi (India)

    I have been working at Kotak Mahindra full-time (more than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Vision of the chairman of the organization.
    Growth in Indian market
    expansion plans

    Cons

    There are more cons than pros fo Kotak Mahindra Bank. If you work professionally and need a good working culture " DO NOT GO TO KOTAK BANK"

    > Pathetic policy framework, New policies are made and announced backdated.e.g some policy amendment is done on 10 Jan, it is supposed to be applicable from 1st Jan
    > Contests launch backdated which result to failure in the contest
    > Unqual distribution of business
    > Politics, humiliation and cleverness of the management
    > They always try not to pay to the employees various times
    > No customer orientation
    > No employee friendliness
    > Work-life balance is completely imbalanced; long working hours has become a culture
    > Over-stretched and over-pressure work
    > Sales targets are not designed properly. Too much to ask in this compensation.
    > No employee benefits as compared to other banks.
    > No set guidelines; very baseless policies and decisions are made on the discretion of the employee (not on the basis of facts and figures and common sense)

    It is a really frustrated organization.

    Advice to Management

    Please be mature on policy framework.
    Please analyze the customer and industry requirement, need to rework on product and services in this cut-throat competition.
    Please lower down the work pressure from the employees shoulders, it is really hampering your employees personal life and health.
    Please design the targets after a lot of homework. Do not compare targets with your competitor banks but calculate targets as per the capability of your organization.
    Please build your organization employee friendly and customer oriented.
    Major no. of your employees are dissatisfied and irritated, kindly work on it.

  11. Good place to work. People are transparent and ground to earth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Kotak Mahindra

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Ground to earth and approachable management. You have the freedom to implement your own ideas provided it benefit the organisation. Overall I had a good learning experiance.

    Cons

    Salary is less than market standard and so people tend to look out for opportunities.

Kotak Mahindra Photos

Kotak Mahindra Bank
Convention at Bangkok.
Convention at Bangkok.

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