Kotak Mahindra Reviews

Updated September 24, 2014
Updated September 24, 2014
153 Reviews
3.0
153 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Kotak Mahindra Executive Vice Chairman & Managing Director Uday S. Kotak
Uday S. Kotak
23 Ratings

Review Highlights

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

  • A transparent work culture, friendly team & supporting bosses (in 13 reviews)


Cons
  • bad work culture; worst work-life balance; working on saturdays; low salaries (in 6 reviews)

  • senior management ambiguity and work satisfaction is less (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    The Worst Employer

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

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

    Pros

    NO pros.........its wastage of time.

    Cons

    No work life balance. No professionalism. Highest attrition ratio, and they hardly care.

    Advice to ManagementAdvice

    For god sake start treating your employees as asset not mere resources. There is no HR policies HR department is only for name sake.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Perfect work-life balance!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Kotak Mahindra

    Pros

    Understanding organization, employee friendly. The environment is relatively stress free. Office politics is also quite low. People are promoted on merit.

    Cons

    Less salary at lower levels. There is a lack of urgency in the organization which is seen in other financial organizations. Esops are given only to top management.

    Advice to ManagementAdvice

    Senior management team should allow for esops to lower levels as well.

  3.  

    Bad Employer

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

    I have been working at Kotak Mahindra full-time for less than a year

    Pros

    Nothing to mention about them.

    Cons

    Everything to mention about them.

    Advice to ManagementAdvice

    Keep up the good work, let the attrition rise

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Senior Manager handling Credit from BBA Division in Bangalore.

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

    I have been working at Kotak Mahindra full-time for more than 5 years

    Pros

    Cordial Work Atmosphere, Mandatory leave policy

    Cons

    Complex Organizationsal structure, rigid compensation & appraisal policies, less work-life balance.

    Advice to ManagementAdvice

    Window for fast tracking promotions to high performers, eliminate cross divisional reporting.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6.  

    A good company to work with but only if you dont belong to the CCC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager(Phone Banking Officer)  in  Mumbai (India)
    Former Employee - Assistant Manager(Phone Banking Officer) in Mumbai (India)

    I worked at Kotak Mahindra full-time for less than a year

    Pros

    Good infrastructure, excellent trainers, The fellow workers are very helpfull,The recreation facilities are good . There is also a doctor available on the third floor and also a gift shoppe thus making shopping easy to gift urself something n da salary day.

    Cons

    no proper hygeine breaks, dominant attitude amongst seniors, Not at all happy with the way the senior staff communicates with the junior staff, There were times i was not allowed to go have my lunch till 4 and by then the canteen was empty. Had to stay hungry.

    Advice to ManagementAdvice

    Kindly look into the dilemmas of the employess , respect their indiduality, appreciate their work and see the difference. Work culture needs turnaround.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Decent company, but needs alot of improvement in recruiting process.

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

    I have been working at Kotak Mahindra full-time for less than a year

    Pros

    Nice salary and other benefits.

    Cons

    Less learning and more job responsibility

    Advice to ManagementAdvice

    kindly locate employees as per their comfort zone so that they can work well and improve their productivity

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    Good organisation to work with. Good work cultutre.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager  in  Chandigarh (India)
    Former Employee - Assistant Manager in Chandigarh (India)

    I worked at Kotak Mahindra full-time for less than a year

    Pros

    Its one of the best employer in the banking industry.

    Cons

    The pressure is more in CASA department and targets are high enough to achieve.

    Advice to ManagementAdvice

    There should be more training for the freshers in the industry for achieving product sale targets.

    Recommends
    Approves of CEO
  9.  

    Branch Operation Manager

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

    I have been working at Kotak Mahindra full-time for less than a year

    Pros

    Good company to work with, open culture.

    Cons

    processes are manual , it should get technologically advanced

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Good company to work for

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Kotak Mahindra

    Pros

    many opportunities across the group, seniors with many years of experience, good learning place

    Cons

    could focus more on mentorship

  11.  

    review

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Kotak Mahindra

    Pros

    good increment policy in place

    Cons

    low risk appetite of the bank

    Advice to ManagementAdvice

    open up to face competition

Kotak Mahindra Photos

Kotak Mahindra Bank
Convention at Bangkok.
Convention at Bangkok.

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