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Looking for a high-growth banking career in lending with one of India’s fastest growing banks? The Kotak IGNITE LAP (Loan Against Property) Programme, in association with UNext Manipal Academy of BFSI, is your gateway to a job-assured role as a Relationship Manager – LAP at Kotak Mahindra Bank.
✅ ₹4,80,000 P.A. Salary + Additional Incentives
✅ ₹1,00,000 Assured Bonus (paid in 2 tranches)
✅ Relationship Manager – Loan Against Property Role
✅ 4-Month Program (2 months campus + 2 months internship)
✅ ₹30,000 Total Stipend during training
✅ 100% Job Assurance with Kotak Mahindra Bank
Program Overview – At a Glance
- Program Name: Kotak IGNITE LAP (Loan Against Property) Programme
- Bank Partner: Kotak Mahindra Bank Ltd.
- Training Partner: UNext Manipal Academy of BFSI
- Job Role: Relationship Manager – Loan Against Property (LAP)
- Salary Package: ₹4,80,000 P.A. + Additional Incentives
- Assured Bonus: ₹1,00,000 (₹50,000 after Year 1 + ₹50,000 after Year 2)
- Program Duration: 4 Months (2 months campus + 2 months internship)
- Training Stipend: ₹30,000 total (₹5,000 campus + ₹25,000 internship)
- Program Fee: ₹1,80,000 + GST
- Job Location: Kotak Bank branches across India
About the Programme
Kotak Mahindra Bank, in association with UNext Manipal Academy of BFSI, presents a job-assured programme designed to launch your career in the vital field of Loan Against Property (LAP) .
This programme offers specialized expertise, empowering you to:
- 🏠 Loan Against Property Solutions – Structure LAP products, assess property value, process applications
- 🤝 Customer Relationship Management – Build and manage client relationships for lending
- 📊 Credit Assessment – Evaluate borrower eligibility, property valuation, risk analysis
- 💼 Sales & Business Development – Generate leads, close LAP deals, achieve targets
- 📋 Regulatory Compliance – Ensure adherence to RBI guidelines on secured lending
Program Structure & Financial Benefits
Program Timeline
Stage 1: Campus Training (2 Months)
- Location: Manipal Campus, Bangalore
- Stipend: ₹5,000 per month
- Activities: Classroom training, LAP simulations, case studies
Stage 2: Internship (2 Months)
- Location: Kotak Bank Branches
- Stipend: ₹25,000 per month
- Activities: On-ground experience in LAP sales & processing
Total (4 Months): ₹30,000 – Complete training + practical exposure
Financial Rewards – Complete Breakdown
- Campus Training Stipend: ₹5,000/month (During 2-month campus training)
- Internship Stipend: ₹25,000/month (During 2-month internship)
- Total Stipend: ₹30,000 (During 4-month program)
- Fixed Salary (Annual): ₹4,80,000 P.A. (After joining as Relationship Manager)
- Additional Incentives: Variable (Performance-based on LAP sales)
- Assured Bonus – Year 1: ₹50,000 (After completing 1 year of service)
- Assured Bonus – Year 2: ₹50,000 (After completing 2 years of service)
- Total Assured Bonus: ₹1,00,000 (Over first 2 years)
Eligibility Criteria – Who Can Apply?
- Qualification: Any Graduate from recognized University
- Percentage: Minimum 60% in Under Graduation
- Age Limit: 27 Years and below at time of application
- Gender: Any (Male/Female)
- Experience: Freshers eligible (sales aptitude preferred)
Selection Process – Step by Step
Step 1: Registration – Online application form
Step 2: Online Assessment – Aptitude tests (quantitative, logical, verbal)
Step 3: Interview – Personal interview with Kotak Mahindra Bank panel
Step 4: Provisional Offer Letter – Conditional job offer issued
Step 5: Training + Internship – 4-month program at Manipal campus + Kotak branches
Step 6: Join Kotak Mahindra Bank – Full-time employment as Relationship Manager – LAP
Program Fee & Investment
- Programme Fee: ₹1,80,000 + GST
- What’s Included:
- Training & tuition
- Android Tablet
- Boarding & Lodging (2 months campus)
- Study materials
- Certification
- Education Loan: Available through partner banks – our team can guide you
Training Details – What to Expect
2-Month Campus Training at Manipal Academy of BFSI
- Location: Manipal Academy of BFSI Campus, Bangalore
- Duration: 2 Months (Intensive)
- Mode: Fully residential
- Stipend: ₹5,000 per month
- Accommodation: Boarding & lodging included in fee
Key Learning Areas
Loan Against Property Fundamentals
- LAP products, eligibility, loan-to-value ratios, interest rates
Credit Assessment
- Income verification, property valuation, CIBIL checks
Sales & Relationship Management
- Lead generation, customer acquisition, cross-selling
Legal & Regulatory Framework
- RBI guidelines, property laws, documentation, compliance
Negotiation Skills
- Closing deals, handling objections, customer communication
Practical Simulations
- Live LAP case studies, role plays, sales scenarios
2-Month Internship at Kotak Bank Branches
- Location: Kotak Mahindra Bank branches across India
- Duration: 2 Months
- Stipend: ₹25,000 per month
- Learning: Real-world LAP sales, customer meetings, deal closures
Job Role – Relationship Manager (Loan Against Property)
What You’ll Do at Kotak Bank
- Generate LAP Leads – Identify potential customers for Loan Against Property
- Customer Meetings – Explain LAP products, benefits, eligibility, and process
- Loan Processing – Assist customers with applications, documentation, and approvals
- Property Valuation – Coordinate with valuation agencies for property assessment
- Credit Assessment – Evaluate customer financials and repayment capacity
- Achieve Sales Targets – Meet monthly/quarterly LAP disbursement goals
- Portfolio Management – Maintain relationships with existing LAP customers
Career Growth Path at Kotak Bank
- Year 1-2: Relationship Manager – LAP → ₹4.8-6 LPA
- Year 3-5: Senior Relationship Manager – LAP → ₹7-10 LPA
- Year 5-8: Area Sales Manager – LAP → ₹11-15 LPA
- Year 8+: Regional Head – LAP / Mortgage → ₹16-25 LPA+
Why Choose Kotak IGNITE LAP Programme?
- 🏦 Top Bank Brand – Start your career with Kotak Mahindra Bank – a trusted financial giant
- 💰 Excellent Package – ₹4.8 LPA + ₹1 lakh bonus + performance incentives
- 🎓 Specialized LAP Role – Build expertise in high-demand lending products
- 💵 Earn While Learning – ₹30,000 total stipend during 4-month program
- 🏠 Residential Training – All-inclusive campus experience at Manipal, Bangalore
- 📈 High Earning Potential – Incentives on LAP sales can significantly boost income
- ✅ 100% Job Assurance – Confirmed placement upon successful completion
Application is Closed for Current Batch, Fill the form for Next Batch
*Next batch starts after September / October (Kotak Operations is currently available)
Frequently Asked Questions (FAQ)
A: The training is conducted by UNext Manipal Academy of BFSI in association with Kotak Mahindra Bank.
A: Yes, boarding and lodging are included in the program fee for the 2-month campus training at Manipal, Bangalore.
A: The program requires completed graduation, but final year students can check specific eligibility with admission counselors.
A: Yes, certification from Manipal Academy of BFSI is highly regarded in the banking industry.
A: You need:
Any Graduate from recognized university
Minimum 60% in Under Graduation
27 years or below age
Any gender (sales aptitude preferred)
A: The program fee is ₹1,80,000 + GST, covering training, tablet, boarding, and lodging.
A: The ₹1,00,000 assured bonus is paid as:
₹50,000 after completing 1 year of service
₹50,000 after completing 2 years of service
A: LAP is a secured loan where customers pledge their property (residential/commercial) as collateral to avail funds for business or personal needs.
A: Yes, upon successful completion of the program, candidates receive full-time employment with Kotak Mahindra Bank.
A: You will:
Generate leads for Loan Against Property
Meet customers and explain LAP products
Process loan applications
Achieve sales targets
Manage customer relationships
A: Yes, freshers are eligible to apply. Sales aptitude is preferred but not mandatory.
A: The age limit is 27 years and below at the time of application.