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About Kotak Mahindra Bank

Kotak Mahindra Bank is the fourth largest Indian private sector bank by market capitalization, headquartered in Mumbai, Maharashtra. Kotak Mahindra group, established in 1985 by Uday Kotak, is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking licence from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to be converted into a bank – Kotak Mahindra Bank Limited (KMBL)

Highlights

Best Bank in 2014 by Business India

Most Imminent Bank 2014 by Outlook Money

Best Prepaid Card Programme' at Financial Inclusion & Payments System (FIPS) 2014 for Kotak Samruddhi

Gold Award for Best App developed - World's first banking application using Twitter

Gold Award for Best Innovation - World's first socially powered bank account

Best Local Cash Management Bank in India (6th year in a row) in the Asiamoney Cash Management Poll 2014

04-05-2018, 19:06
State Bank of India offering for new accounts, zero minimum balance up to august 2018
State Bank of India offering the facility of opening an account which does not require any minimum balance till august 2018.
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30-04-2018, 19:47
HDFC bank raises deposit rates by up to 100 bps
HDFC bank revised interest rates on deposits of under one crore, raising the rate on one year fixed deposits by 10 basis points to 6.85 percentage.
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21-04-2018, 11:04
State Bank of India Says SBI customers to withdraw money up to Rs 2000 per a day via point of sale machines
Debit card holders of State Bank of India and all other banks can withdraw cash from point of sale machines installed by SBI across various merchant locations. Presently the bank w ...
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19-04-2018, 19:44
State Bank of India offers free withdrawal of cash from point of sale terminals or mini ATMs
Amid a cash crunch that has hit many states, the SBI has announced that debit card holders can withdraw money from the bank the point of sale terminals. The move by SBI may tempora ...
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17-04-2018, 15:46
State Bank of India offers 10 percent discount on its Rupay debit cards on buying home appliances at Big bazaar
State Bank of India offer on shopping at big bazaar outlets is valid till April 30, and is applicable on a single minimum purchase of Rs 1,500. The maximum discount that can be ava ...
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17-04-2018, 15:18
State Bank of India says maximum cash withdrawal from ATMs per a day Rs 40,000
State Bank of India allows its customers to make cash withdrawals of up to Rs 40,000 per day from its ATMs. Using SBI classic debit card, SBI customers can withdraw up to Rs 40,000 ...
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