📌 Introduction
The Kotak NEXTGEN Collections Program is a career-oriented initiative by Kotak Mahindra Bank, designed to train and place fresh graduates in the retail banking collections domain, with a special focus on Loan Against Property (LAP) products.
This program equips participants with skills in collections management, customer relationship handling, and regulatory compliance, preparing them for operational and customer-facing roles in the loan recovery and collections team.
It is an excellent opportunity for graduates who want to build a specialized career in the credit, risk, and collections side of banking.
🎯 Key Highlights of the Program
- Eligibility: Graduate (any discipline) with 50% marks or above
- Program Duration: 4–6 months (training + branch exposure)
- Domain Focus: Retail collections, with emphasis on Loan Against Property (LAP) portfolio
- Training Structure: Classroom training + field exposure + mentorship
- Placement: Assured role in Kotak Mahindra Bank’s Collections Department
📚 Program Structure
1. Classroom Training
- Understanding collections management in banking
- Loan products overview – focus on Loan Against Property (LAP)
- Credit risk assessment basics
- Collections strategies – soft collections, reminder calls, follow-ups
- Regulatory compliance (RBI, KYC, Fair Practices Code)
- Negotiation and communication skills
2. On-the-Job Training (OJT)
- Exposure to collections operations at Kotak branches/offices
- Handling delinquent accounts in the LAP portfolio
- Coordinating with customers for EMI payments and settlement plans
- Documentation, MIS reporting, and compliance tracking
- Supporting collections managers in portfolio management
3. Skill Development
- Customer handling & negotiation
- Analytical thinking & problem solving
- Risk management fundamentals
- Professional ethics in collections
✅ Benefits of Joining NEXTGEN Collections Program
- Assured Placement with Kotak Mahindra Bank
- Professional certification in collections & credit management
- Specialization in high-value secured loans (LAP)
- Starting salary of ₹3 – ₹4.5 LPA + performance incentives
- Clear career growth path in collections, credit control, and risk management
🏦 Career Growth Path
- Collections Executive / Officer (Entry Role)
- Assistant Collections Manager
- Collections Manager – LAP Portfolio
- Regional Head – Collections
- Credit & Risk Leadership Roles
With performance, candidates can also move into credit underwriting, risk analysis, or recovery management.
👩🎓 Who Can Apply?
- Fresh graduates interested in non-sales banking roles
- Candidates with good communication & negotiation skills
- Students who want to specialize in credit, risk, and collections
- Those seeking a career in secured loan (LAP) portfolio management
💰 Salary & Benefits
- Starting CTC: ₹3 – ₹4.5 LPA
- Performance-based incentives for recovery targets
- Standard Kotak employee benefits: PF, insurance, career mentorship
📌 Application Process
- Visit the Kotak Mahindra Bank Careers Page.
- Search for “NEXTGEN Collections Program – LAP”.
- Fill the application form & upload resume.
- Selection process includes:
- Aptitude Test
- Personal Interview
- Enrollment in the program
- Training → field exposure → placement in Collections – LAP team.
❓ FAQs
Q1. What is the Kotak NEXTGEN Collections Program?
👉 It is a graduate training program for candidates who want to build a career in collections, credit, and risk management, focusing on Loan Against Property (LAP).
Q2. What is the salary after program completion?
👉 Freshers usually start with ₹3 – ₹4.5 LPA + incentives.
Q3. Is this a sales role?
👉 No, it is a collections and operations-focused role, not direct sales.
Q4. Can non-commerce graduates apply?
👉 Yes, candidates from any discipline with minimum 50% marks can apply.
Q5. What are the long-term career prospects?
👉 Candidates can grow into Collections Manager, Risk Manager, Credit Control Head, or Recovery Head roles.
📝 Conclusion
The Kotak NEXTGEN Collections Program (LAP specialization) is an excellent career pathway for graduates who want to enter the banking sector in collections and risk management. With structured learning, field exposure, and assured placement, this program offers job security and professional growth in secured lending collections.
If you want a career in loan collections and credit management, especially in Loan Against Property (LAP), this program can give you the right start.
