Your Direct Entry into Kotak Mahindra Bank as Elite Relationship Manager
Looking for a guaranteed banking career with one of India’s leading private sector banks? The Kotak NextGen Bankers Program, in association with UNext Manipal Academy of BFSI, offers a direct entry initiative designed to nurture emerging talent in the banking industry.
- ₹5,00,000 CTC plus Performance Linked Pay
- ₹1,50,000 Assured Bonus based on performance
- ₹3,20,000 Earn While You Learn during the program
- PG Diploma in Relationship Banking from Manipal Academy of Higher Education
- 100% Job Assurance with Kotak Mahindra Bank
Program Overview
- Program Name: Kotak NextGen Bankers Program
- Bank Partner: Kotak Mahindra Bank Ltd.
- Training Partner: UNext Manipal Academy of BFSI, Bengaluru
- Certification: Post Graduate Diploma in Relationship Banking from MAHE
- Job Role: Elite Relationship Manager, Household and Business Banking, Deputy Manager
- CTC After Placement: ₹5,00,000 per annum plus Performance Linked Pay
- Assured Bonus: ₹1,50,000 based on performance
- Earn While You Learn: ₹3,20,000 during the program
- Program Duration: 12 months, 4+2+6 structure
- Program Fee: ₹2,80,000 inclusive of taxes
Program Structure
Stage 1: Classroom Training, 4 Months
- Location: Manipal Campus, Bengaluru
- Stipend: ₹5,000 per month
- Focus: Banking fundamentals, sales training, relationship management
Stage 2: Internship, 2 Months
- Location: Any Kotak branch or office in India
- Stipend: ₹25,000 per month
- Focus: Practical banking experience, customer interaction
Stage 3: On-the-Job Training, 6 Months
- Location: Any Kotak branch or office in India
- Stipend: Full CTC structure
- Focus: Real-world banking operations, sales targets
Total Earnings During Program
- ₹3,20,000 across 12 months
Fees and What They Cover
- Program Fee: ₹2,80,000 inclusive of taxes
- Boarding and lodging at Manipal Campus
- Android tablet for learning
- Health insurance during the program
- Training materials and faculty access
Payment Options
- One-time payment at enrolment
- Instalment plans available on request
- Education loans through partner banks at 9.5% to 11.5%, repayment after placement
- NBFC loans up to ₹2,50,000 at 12% to 15% with EMI options
Eligibility
- Graduation in any stream from a recognised university
- Aggregate score of 60% and above
- Age 27 years or younger at the time of application
- Freshers and candidates with up to 2 years of experience may apply
Selection Process
- Step 1: Online Registration
- Step 2: Online Assessment covering aptitude
- Step 3: Kotak Mahindra Bank Panel Interview
- Step 4: Enrolment Letter Issued
- Step 5: Campus Training at Manipal, Bengaluru
- Step 6: Internship at a Kotak branch
- Step 7: On-the-Job Training
- Step 8: Join Kotak Mahindra Bank as Deputy Manager
Apply Now:
What You Will Learn
Banking Fundamentals
- Retail banking, corporate banking, financial products
Sales and Relationship Management
- Customer acquisition, cross-selling, portfolio management
Digital Banking
- Mobile banking, internet banking, fintech innovations
Regulatory Framework
- RBI guidelines, KYC norms, compliance
Soft Skills
- Communication, negotiation, business etiquette
Practical Simulations
- Live case studies, role plays, banking scenarios
Job Role: Elite Relationship Manager
- Customer acquisition for banking products
- Portfolio management of existing relationships
- Sales and cross-selling of loans, credit cards, investments and insurance
- Customer service and financial advice
- Monthly and quarterly target achievement
- Portfolio tracking and reporting to branch management
Career Growth at Kotak Bank
- Year 1 to 2: Elite Relationship Manager, Deputy Manager, ₹5 to ₹6 LPA
- Year 3 to 4: Senior Relationship Manager, ₹7 to ₹9 LPA
- Year 5 to 7: Branch Manager or Cluster Head, ₹10 to ₹15 LPA
- Year 8 and above: Regional Head or Vertical Head, ₹15 to ₹25 LPA and above
Assured Bonus Structure
- ₹75,000 on completing 18 months from OJT start
- ₹75,000 on completing 30 months from OJT start
- Total assured bonus of ₹1,50,000, subject to performance
About Manipal Academy of BFSI
- Established in 2008
- A UNext Learning entity backed by Manipal Education and Medical Group
- Partnered with over 50 leading banks, insurance and NBFC organisations
- Over 200,000 professionals trained
- Specialises in operations, sales and new-gen banking roles
Frequently Asked Questions
Q: Is the Kotak NextGen Bankers Program 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 Elite Relationship Manager, Deputy Manager.
Q: What is the CTC after completing the Kotak NextGen Bankers Program?
A: The CTC is ₹5,00,000 per annum plus Performance Linked Pay. An assured bonus of ₹1,50,000 is paid over two instalments at 18 months and 30 months from OJT start.
Q: How much can I earn during the Kotak NextGen Bankers Program?
A: You earn ₹3,20,000 during the 12-month program. This includes ₹20,000 during classroom training, ₹50,000 during internship, and the remaining amount during on-the-job training.
Q: What is the program fee and what does it include?
A: The fee is ₹2,80,000 inclusive of taxes. It covers boarding and lodging for four months, an Android tablet, health insurance, training materials, faculty access and campus facilities.
Q: What are the eligibility criteria for the Kotak NextGen Bankers Program?
A: You need graduation in any stream with 60% aggregate or above, and you must be 27 years or younger at the time of application. Freshers and those with up to 2 years of experience can apply.
Q: What is the selection process for the Kotak NextGen Bankers Program?
A: The process includes online registration, an online aptitude assessment, a panel interview with Kotak Mahindra Bank, and issuance of the enrolment letter.
Q: Is the classroom training residential?
A: Yes. The four-month classroom phase at Manipal Campus, Bengaluru is fully residential. Boarding and lodging are included in the program fee.
Q: What certification will I receive?
A: You receive a Post Graduate Diploma in Relationship Banking from Manipal Academy of Higher Education, which is UGC-entitled and recognised across India.
Q: What is the job role after completing the program?
A: You join as Elite Relationship Manager in Household and Business Banking, designated as Deputy Manager at Kotak Mahindra Bank.
Q: Can I apply if I have work experience?
A: Yes. Freshers and candidates with up to 2 years of work experience are eligible, provided you meet the age and academic criteria.
Q: What is the age limit for the Kotak NextGen Bankers Program?
A: You must be 27 years or younger at the time of application.
Q: Where will the internship and OJT take place?
A: At any Kotak branch or office in India, based on availability and your location preference.
Q: Are education loans available for the program fee?
A: Yes. Partner banks offer loans up to ₹2,80,000 at 9.5% to 11.5% with repayment starting after placement. NBFCs offer up to ₹2,50,000 at 12% to 15% with EMI options.
Q: What is the career growth path after joining Kotak Bank?
A: You can grow from Elite Relationship Manager to Senior Relationship Manager, Branch Manager, Cluster Head and eventually Regional Head, with CTC ranging from ₹5 LPA to ₹25 LPA and above over 8 or more years.
Q: Is the medium of instruction English?
A: Yes. All training materials, lectures and assessments are conducted in English.
Q: What happens if I fail an assessment during the program?
A: Each stage has assessments. Failing a stage can affect progression to the next phase and ultimately your placement. Attendance and assessment performance are critical.
Q: Are there women-only banking programs similar to Kotak NextGen?
A: Kotak NextGen is open to all candidates. Exclusive women-only programmes include Axis Bank Operations Program for Women and Mahindra Finance Prarambh Program.
Q: How do I apply for the Kotak NextGen Bankers Program through GingerJobs?
A: Visit GingerJobs.in, browse the Kotak NextGen Bankers Program, complete the application form, clear the assessment and panel interview, receive your enrolment letter and begin training.
Q: Does GingerJobs charge for placement assistance?
A: No. GingerJobs never charges candidates for placement assistance. Our promise is zero fees for job placement.
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