Kotak Mahindra Bank
The Kotak Mahindra Bank was founded in 1985. Formerly, the name of the bank was Kotak Mahindra Finance Limited. It is currently one of the leading private sector banks in India.
Founded in 1985, Kotak Mahindra Bank is the banking division of The Kotak Mahindra Group. At the time of its inception, the name of the bank was Kotak Mahindra Finance Limited which was a non-banking financial company. The Reserve Bank of India approved Kotak Mahindra Finance Ltd, the flagship company of The Kotak Mahindra Group to start banking operations in India in February 2003.
Kotak Mahindra Finance Ltd. is the oldest company in the history of Indian banking to switch into a bank. The bank is headquartered in Nariman Point, Mumbai. Kotak Mahindra Bank is now one of the fastest growing and most reputed banks in India.
The bank is listed on the BSE and NSE and offers a diversified range of products and services comprising loans, deposit accounts, business banking solutions, investment services, fixed income and treasury products.
Kotak Mahindra Bank serves the myriad requirements of NRIs, resident Indians and corporate clients. The bank has a countrywide network of more than 245 branches and the customer base of the bank has crossed 8 lakh people.
The bank is one of the most admired financial services providers in India because of its state-of-the-art financial solutions for countless needs of individual and corporate clients.
In addition to Internet banking and phone banking, the bank provides suitable banking facilities through SMS services, Mobile banking, Home banking, Netc@rd and BillPay facility to name a few. With Kotak mahindra online banking system, one can view one's Demat Account statements, Check accounts and Term Deposit details. One can also do online share trading and shopping along with easy bill payment mechanism. It provides a safe and secure platform for net-banking as well as online transanctions, by generating
Key People of Kotak Mahindra Bank
The bank is led under the able stewardship of Mr. Uday Kotak as Executive Vice Chairman & Managing Director and Chairman Mr. K.M. Gherda. The chairman of the board of directors of Kotak Mahindra Bank is Mr. Shankar Acharya.
Products and services of Kotak Mahindra Bank
The bank offers a full range of innovative banking and financial products and solutions that includes the following:
Personal Banking
Deposits
- Term Deposits
- Savings Accounts
- Safe Deposit Lockers
Cards
Loans
Investments
Convenience Banking
Business Banking
- Current Accounts
- Business Banking Solutions
- Convenience Banking
- Personal Loans
- Trade Service
Corporate Banking
Products
- Treasury Products
- Funded Products
- Fixed Income Products
- Investment Products
Trade Finance
Transaction Banking
Retail Assets
Current Account
Custody Services
Convenience Banking
NRI Banking
Investment
1) Mutual Funds
- Recommendation
- Investment Account
- MF Assistance
2) Demat Service
- Portfolio Investment Services
- Demat Account
3) Insurance
- Protection Plans
- Children Savings Plans
- Savings Plans
- Growth Plans
- Market Update
Banking
1) Savings
- NRE Rupee Savings
- NRO Rupee Savings
2) Deposits
- FCNR Deposits
- Rupee Advantage Plan
- NRE Term Deposits
- NRO Term Deposits
3) Convenience Banking
- P.O. Box Services - US & UK
- Access India Debit Card
- Global Debit Card
- Online Banking
- Phone Banking
4) Special Accounts
- Privy League
Transfer
1) FUNDStoHOME
- Wire Transfer
- Direct Debit
- Cheque
2) Remittances from ME
- Wire Transfer
- Remittances from ME
- Cheque
Home Loans
- Home loans
- Home improvement loans
Kotak Mahindra Bank Contact Details
Kotak Mahindra Bank Ltd.
Registered Office
36-38A, Nariman Bhavan,
227 Nariman Point,
Mumbai - 400 021
Kotak Mahindra Bank 24 Hour Customer Care Toll Free: 1800 102 6022
http://www.kotak.com/bank/
Last Updated On: 2011/05/01
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