A 12-Month Job-Assured Programme Leading to a Deputy Manager Role at Kotak Mahindra Bank
The Kotak NextGen Bankers Programme is a direct-entry hire-and-train initiative by Kotak Mahindra Bank, in partnership with Manipal Academy of BFSI (a UNext Learning entity). It is designed for graduates who want a confirmed role in relationship banking without a prolonged job search.
The structure is clear: clear the selection process, receive an enrolment letter, complete 12 months of training, and join as Elite Relationship Manager – Household/Business Banking (Deputy Manager) with a CTC of ₹5,00,000 per annum plus performance-linked pay .
Programme Overview
- Bank Partner: Kotak Mahindra Bank Ltd.
- Training Partner: Manipal Academy of BFSI, Bengaluru
- Job Role: Elite Relationship Manager – Household/Business Banking (Deputy Manager)
- CTC After Completion: ₹5,00,000 per annum plus Performance Linked Pay
- Certification: Post Graduate Diploma in Relationship Banking from Manipal Academy of Higher Education (MAHE)
- Programme Duration: 12 months (4 months classroom + 2 months internship + 6 months OJT)
- Training Location: Manipal Academy of BFSI Campus, Bengaluru (Residential for first 4 months)
- Job Location: PAN India (Kotak branches/offices)
Kotak NextGen Bankers Programme Fees
Total Programme Fee
What the Fee Includes
- Boarding and lodging for the 4-month residential classroom programme at Manipal Academy of BFSI, Bengaluru
- Android tablet for learning
- Health insurance coverage during the programme
- Training materials and faculty access
Note: Boarding and lodging facilities are provided only during the 4-month classroom phase. During internship and OJT, candidates are responsible for their own accommodation.
Payment Options
- Self-funded programme. Candidates pay the fee to Manipal Academy of BFSI
- Confirm instalment or loan options directly during the application process.
Kotak NextGen Bankers Programme Salary and Stipend
CTC After Completion
- Base CTC: ₹5,00,000 per annum
- Performance Linked Pay: Variable, based on targets
- Assured Bonus: ₹1,50,000 paid in two instalments
- ₹75,000 on completing 18 months from OJT start
- ₹75,000 on completing 30 months from OJT start
- Subject to active employment at the time of disbursement
Stipend During the Programme
Candidates earn approximately ₹3,20,000 across the 12 months :
- Classroom Training, 4 months: ₹5,000 per month
- Internship, 2 months: ₹25,000 per month
- On-the-Job Training, 6 months: Salary component as per CTC structure
Note: Some sources indicate the internship stipend at ₹10,000 per month and OJT at ₹25,000 per month . Confirm the current structure for your batch during counselling.
Kotak NextGen Bankers Programme Eligibility
Who Can Apply
- Education: Graduation in any stream from a recognised university
- Minimum Marks: Aggregate score of 60% and above
- Age: 27 years or younger at the time of application
- Experience: Freshers eligible; candidates with 0–2 years of experience may also apply
Additional Requirements
- Willingness to relocate for training and job posting
- Good communication and sales aptitude
- No active backlogs (as per standard programme terms)
Programme Structure – 12-Month Journey
Stage 1: Classroom Training (4 Months)
- Location: Manipal Academy of BFSI Campus, Bengaluru
- Mode: Fully residential
- Stipend: ₹5,000 per month
- Focus: Banking fundamentals, sales training, relationship management, Finacle training, case studies, role plays
Stage 2: Internship (2 Months)
- Location: Any Kotak Mahindra Bank branch or office across India
- Stipend: ₹25,000 per month (per official Kotak FAQ)
- Focus: Practical banking experience, customer interaction, shadowing, structured internship diary
Stage 3: On-the-Job Training (6 Months)
- Location: Any Kotak Mahindra Bank branch or office
- Stipend: Salary component as per CTC structure
- Focus: Real-world banking operations, sales targets, independent work, portfolio handling
Final Placement
- Role: Elite Relationship Manager – Household/Business Banking (Deputy Manager)
- CTC: ₹5,00,000 per annum plus performance-linked pay
Selection Process
- Step 1: Online registration and application form
- Step 2: Online assessment covering aptitude
- Step 3: Panel interview with Kotak Mahindra Bank
- Step 4: Enrolment letter issued
- Step 5: Programme enrolment and fee payment
- Step 6: 12-month training at Manipal Campus and Kotak branches
- Step 7: Join Kotak Mahindra Bank as Deputy Manager
Career Growth Path at Kotak Bank
- Year 1–2: Elite Relationship Manager (Deputy Manager) → ₹5–6 LPA
- Year 3–4: Senior Relationship Manager → ₹7–9 LPA
- Year 5–7: Branch Manager / Cluster Head → ₹10–15 LPA
- Year 8+: Regional Head / Vertical Head → ₹15–25 LPA and above
Apply for Kotak NextGen Bankers Programme
Frequently Asked Questions
Q: What is the Kotak NextGen Bankers Programme?
A: The Kotak NextGen Bankers Programme is a 12-month job-assured direct-entry initiative by Kotak Mahindra Bank and Manipal Academy of BFSI. It leads to a confirmed role as Elite Relationship Manager – Household/Business Banking (Deputy Manager) with a CTC of ₹5,00,000 per annum plus performance-linked pay .
Q: What is the fee for the Kotak NextGen Bankers Programme?
A: The Kotak NextGen Bankers Programme fee is ₹2,80,000, inclusive of taxes. It covers boarding and lodging for the 4-month residential classroom programme, an Android tablet, health insurance, and training materials .
Q: What is the salary after completing the Kotak NextGen Bankers Programme?
A: The Kotak NextGen Bankers Programme offers a CTC of ₹5,00,000 per annum plus performance-linked pay. An assured bonus of ₹1,50,000 is paid in two instalments at 18 months and 30 months from OJT start .
Q: What is the eligibility for the Kotak NextGen Bankers Programme?
A: You need graduation in any stream from a recognised university with an aggregate score of 60% and above. Age must be 27 years or younger at the time of application. Freshers and candidates with up to 2 years of experience are eligible .
Q: What is the stipend during the Kotak NextGen Bankers Programme?
A: Candidates receive ₹5,000 per month during the 4-month classroom training and ₹25,000 per month during the 2-month internship, according to the official Kotak FAQ. Total earnings during the programme are approximately ₹3,20,000 .
Q: Is the Kotak NextGen Bankers Programme job-assured?
A: Yes. Candidates receive an enrolment letter from Kotak Mahindra Bank before training begins. Upon successful completion of all stages, you join as Deputy Manager .
Q: What certification will I receive from the Kotak NextGen Bankers Programme?
A: You will receive a Post Graduate Diploma in Relationship Banking from Manipal Academy of Higher Education (MAHE) upon successful completion of all programme stages .
Q: What is the duration of the Kotak NextGen Bankers Programme?
A: The programme duration is 12 months, including 4 months of residential classroom training, 2 months of internship, and 6 months of on-the-job training .
Q: Where is the training conducted for the Kotak NextGen Bankers Programme?
A: The 4-month classroom training is at Manipal Academy of BFSI Campus, Bengaluru. Internship and OJT are at Kotak Mahindra Bank branches/offices across India .
Q: What is the job role after completing the Kotak NextGen Bankers Programme?
A: You join as Elite Relationship Manager – Household/Business Banking (Deputy Manager). Responsibilities include customer acquisition, cross-selling banking products, portfolio management, and customer retention .
Q: Can freshers apply for the Kotak NextGen Bankers Programme?
A: Yes. Fresh graduates are eligible to apply, provided they meet the age, education, and percentage requirements. No prior work experience is required .
Q: Is the Kotak NextGen Bankers Programme residential?
A: Yes. The first 4 months of classroom training at Manipal Bangalore are fully residential, with boarding and lodging included in the programme fee .
Q: What happens if I do not complete the Kotak NextGen Bankers Programme successfully?
A: If you are unable to complete the programme successfully, the offer letter stands withdrawn, and you are not entitled to employment with Kotak Mahindra Bank. The bank is not liable for any fees paid to Manipal Academy of BFSI .
Q: Is there a fee refund for the Kotak NextGen Bankers Programme?
A: The programme is self-funded, and the fee is paid to Manipal Academy of BFSI. Confirm the refund policy directly during the application process.
Q: How do I apply for the Kotak NextGen Bankers Programme through GingerJobs?
A: Visit GingerJobs.in, browse the Kotak NextGen Bankers Programme, complete the application form, clear the online assessment and panel interview, receive your enrolment letter, and begin training at Manipal Campus, Bengaluru.
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