Team Member-SUPPORT SERVICES-Operations
Kotak Mahindra Bank
5 - 10 years
Mumbai
Posted: 22/08/2025
Job Description
Primary focus on loan servicing in operation department starting with creation of customer
accounts, guarantor accounts and ultimate beneficiary.
➢ Booking a loan as per sanction terms and prepare manually schedule, verify and circulate
repayment schedule.
➢ Accounting and adjustment of Receipts (Fund received from client) & Payments.
➢ Update interest rates (MCLR, T-BILL), Sanction limits & Reschedule loans.
➢ Daily cash flow management.
➢ Handling the NPA accounts and provide working to legal team. (Interest, Penal, overdues
calculations and prepare manually statement of accounts)
➢ TDS accounting and reconciliation with 26As.
➢ Securities related activities includes—Pledge and release of securities, Sell of shares, Margin
Monitors, DP holdings, Portfolio statement and Shortfall details.
About Company
Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.
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