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  • Kotak Salary Rename PDF

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    Seema Devda
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    Seema Kantilal Devda has been offered the position of Assistant Manager at Kotak Mahindra Bank Ltd in Mumbai effective September 19, 2019 at a level of M1. The compensation package includes a basic salary of Rs. 10,260 per month (Rs. 123,120 annually), house rent allowance of Rs. 5,130 per month (Rs. 61,560 annually), and annual bonus of Rs. 20,520. Additional benefits include mediclaim insurance, life insurance, and company contributions to provident fund and gratuity. This email outlines the salary components but is not a formal offer of employment.

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    Seema Kantilal Devda has been offered the position of Assistant Manager at Kotak Mahindra Bank Ltd in Mumbai effective September 19, 2019 at a level of M1. The compensation package includes a basic salary of Rs. 10,260 per month (Rs. 123,120 annually), house rent allowance of Rs. 5,130 per month (Rs. 61,560 annually), and annual bonus of Rs. 20,520. Additional benefits include mediclaim insurance, life insurance, and company contributions to provident fund and gratuity. This email outlines the salary components but is not a formal offer of employment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    61 views1 page

    Kotak Salary Rename PDF

    Uploaded by

    Seema Devda
    Seema Kantilal Devda has been offered the position of Assistant Manager at Kotak Mahindra Bank Ltd in Mumbai effective September 19, 2019 at a level of M1. The compensation package includes a basic salary of Rs. 10,260 per month (Rs. 123,120 annually), house rent allowance of Rs. 5,130 per month (Rs. 61,560 annually), and annual bonus of Rs. 20,520. Additional benefits include mediclaim insurance, life insurance, and company contributions to provident fund and gratuity. This email outlines the salary components but is not a formal offer of employment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Dear Seema

    As discussed, we are pleased to share below mentioned fitment with you for an opportunity with us

    Name Seema Kantilal Devda


    Level M1 - Assistant Manager
    Location Mumbai
    with effect from September 19, 2019

    Components P.M. P.A.


    Basic Salary 10260 123120
    House Rent Allowance 5130 61560
    Professional Allowance 0 0
    Conveyance Allowance 0 0
    Medical Reimbursement 0 0
    Leave Travel Allowance 0 0
    Bonus 2052 24624
    Gratuity 5922
    Contribution to Provident Fund 14774
    Gross Amount 17442 230000

    Mediclaim benefit as per applicable policy.


    Life Insurance benefit as per applicable policy.
    Company contribution towards PF is 12% and 4.81% for gratuity which is a part of your total fixed CTC.

    Please note that this email is intended for your understanding of the salary components only and should not be construed as a formal offer
    of employment.
    We shall issue a formal appointment letter once you give an email acceptance of the above to us.

    Regards,
    KHushali Jadhav
    Human Resources, Kotak Mahindra Bank Ltd
    Khushali.jahdav@kotak.com

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