- The Kotak Mahindra group established the Kotak Mahindra Finance Limited in 1985 in India, which was the group's flagship non-banking financial company. - In 2003, Kotak Mahindra Finance Ltd was granted a banking license by the Reserve Bank of India, becoming the first company in Indian banking history to convert from a non-banking financial company to a bank. - Kotak Mahindra Bank Ltd is now the flagship banking company of the Kotak Mahindra Group, with a presence in commercial vehicles, retail finance, corporate banking, treasury and housing finance.

2. • The Kotak Mahindra group is a financial
organization established in 1985 in India. It was
previously known as the Kotak Mahindra Finance
Limited, a non-banking financial company.
• In February 2003, Kotak Mahindra Finance Ltd, the
group's flagship company was given the license to
carry on banking business by the Reserve Bank of
India (RBI).
• Kotak Mahindra Finance Ltd. is the first company in
the Indian banking history to convert to a bank.

3. • The bank is headed by K.M. Gherda as
Chairman
• Uday Kotak as Executive Vice Chairman &
Managing Director.
• Shankar Acharya is the chairman of board of
Directors in the company.
• The Bank has its registered office at Nariman
Bhavan, Nariman Point, Mumbai.

4. • About Kotak Mahindra Bank The flagship
company of Kotak Mahindra Group.
• Kotak Mahindra Finance Ltd was established in
1985. The same got converted into a bank -
Kotak Mahindra Bank Ltd in March 2003. Kotak
Mahindra bank has presence in Commercial
Vehicles, Retail Finance, Corporate Banking,
Treasury and Housing Finance.

5. • Non-banking financial company Non-bank
financial companies (NBFCs) are financial
institutions that provide banking services
without meeting the legal definition of a bank,
i.e. one that does not hold a banking license.
Operations are, regardless of this, still
exercised under bank regulation. However this
depends on the jurisdiction, as in some
jurisdictions, such as New Zealand, any
company can do the business of banking, and
there are no banking licenses issued.

6. • Non-bank institutions frequently. Act as suppliers
of loans and credit facilities. Supporting
investments in property. Trade money market
instruments. Fund private education. Provide
wealth management such as managing portfolios
of stocks and shares. Underwrite stock and shares,
TFCs and other obligations. Provide retirement
planning. Advise companies in merger and
acquisition. Prepare feasibility, market or industry
studies for companies. Provide discounting services
e.g., discounting of instruments.

8. • The savings account goes beyond the
traditional role of savings, to provide you a
range of services from funds transfer options
to online payments of bills to attractive
returns earned through a comprehensive suite
of investment options.

9. • Ace Savings Accounts
Average Monthly Balance (AMB) of Rs. 50,000/-
Free cash withdrawals at other domestic ATMs
Avail a discount of 25% on issuance of Best Compliments Card
(Gift cards)
• Edge Savings Account
Average Monthly Balance (AMB) of Rs. 10,000/-
Free access to all domestic VISA ATMs, up to five transactions per
month
• Pro Savings Account
Average Monthly Balance (AMB) of Rs. 20,000/-
• Classic Savings Account
Average Monthly Balance (AMB) of Rs. 10,000/-
• Nova Savings Account
Average Monthly Balance (AMB) of Rs. 5,000/-
Silk - The Saving's Programme for Women

10. • My Junior Account - The Savings Account for
Kids
Kotak Junior Account has been designed to encourage the child
(and their parents) to save smartly from an early age. It not only
offers you up to 6% interest p.a. on the account, but also a 10
year Recurring Deposit and linked Systematic Investment Plans
intended to provide long term savings for your child
Features
• Up to 6%* interest p.a. on Savings Account balance
• Investment avenues like Recurring Deposit and Systematic
Investment Plans
• Investment based NMC waiver
• Personalized Debit Cards
• Discounts on partner brand

11. Ace Current Account
A premium current account with maximum benefits and
features for large businesses and enterprises.
• Average Quarterly Balance (AQB) of Rs. 2.5 lac
• Free Business Power Platinum Debit Card with enhanced
daily purchase limit of Rs. 2.5 lac and daily ATM cash
withdrawal limit of Rs. 2 lakhs
• Free Home Banking service – Cash/Cheque pickup and
delivery, at your call

12. Global Trade Current Account
• Online FX Rate booking system (FX Live) offers booking
of FX rates at your convenience
• E-banking platform provides information on
outstanding bills/ credit limits online
• Tracking mechanism of the deals booked (Auto e-deal
confirmation)
• E-advices facilitate timely accounting and reconciliation
• E-SWIFT to provides faster communication with your
overseas business partner
Letters of Credit
• Backed by the strong trade finance set-up, we offer
import financing services through Letters of Credit
(L/C), which are well accepted globally. Our trade
team is equipped to structure the solutions for a
variety of purchase requirements.

13. Ace Salary Account
Free Zero Balance Account (subject to salary
credits) earns 6% interest per annum on your
savings balances over Rs. 1 lakh and 5.5%
interest per annum on your balances up to 1
lakh
Unlimited value demand draft at home location
and delivered to registered communication
address

14. Edge Salary Account
Kotak Edge Salary Account provides multiple
privileges and benefits to meet the financial
needs of a salaried professional.
Classic Debit Card Rs. 1,00,000/- cash
withdrawal and Rs. .50,000/ shopping limit
per day

15. Term Deposit with highly attractive interest
rates Kotak Mahindra Bank brings you Term
Deposit at highly attractive interest rates
coupled with special facilities like Overdraft
and Re-investment option.

16. Regular Term Deposits
• Attractive interest rates
• Make a deposit of as low as Rs.10,000/- ( Rs. 25,000/- for
new customer)
Senior Citizen Deposits
• Make a deposit of as low as Rs.10,000/- ( Rs. 25,000/- for
new customer)
Recurring Deposit
• Make savings a habit with monthly investment amounts
as low as Rs.100/-
• Enjoy easy payment options from your Savings Account
Tax Saving Deposits
• Choose to receive interest quarterly, or keep it invested
till maturity

17. • Kotak Mahindra Bank offers you Safe Deposit
Locker facilities which can be utilized to safe
keep your important documents, jewelery and
other valuables. Key Features Easy availability
and access. Convenient sizes. Hassle-free
payment. Nomination for Safe deposit
Lockers.

18. • Convenient locker sizes: small, medium and
large.
• Dual key security: Two keys required at once, to
open the locker. One stays with you and the
other with the bank.
• Safety: Branches are equipped with security
features like, burglar alarm, iron-gated vault &
electronic surveillance via CCTV.
• Ease of location: Locker facility is available in
over 350 branches across the country.

19. • Multiple access: You can add or remove
individuals who can operate the locker on
your behalf.
• Ease of payment: You can instruct the branch
to debit the annual locker rent from your
savings/current account.
• Nomination facility: You can nominate your
close ones for Safe Deposit Lockers.

20. • Loans that help you fulfill all your financial
needs.
• Kotak Mahindra Bank presents Personal
Finance - the single expert source for all your
financial needs. Unexpected expenses,
education, wedding in the family, home
improvement or that long awaited vacation.

21. • We are well suited and experienced in
understanding your business requirements as
we have helped a lot of our clients grow their
businesses, across various industries.
• So, if you want to diversify your business, fund
your next project, or take a personal loan, you
can now do it without disturbing your
investments or taking multiple loans. With
personalized solutions and service, we ensure
it’s all you need to make your business dreams
come true.

23. INVESTMENTS & INSURANCE
• Life Insurance
• Mutual Funds
• Demat Accounts
• New Pension Scheme

25. • It is available to you absolutely FREE. The state of
the art touch screen Kotak Mahindra Bank ATMs are
part of the Visa/Plus and Cash net ATM network.
That means you can withdraw cash from our ATM
Network with any International and Domestic
Visa/Visa Electron/Plus Credit Cards/Debit Cards.
• Access your account anytime anywhere State of the
art Touch Screen ATMs Affiliated to the VISA
network Access any ATM in the country absolutely
free.

26. Gold Debit Card
Higher daily purchase and ATM cash
withdrawal limit
Free access to all VISA ATMs in India and
abroad
Complimentary Lost Baggage Insurance
of Rs. 1 lakh
Complimentary Air Accident Insurance Cover
of Rs. 20 lakhs

27. Platinum Debit Card
Higher Daily Transaction Limits - Daily
purchase limit of Rs. 2.5 lakhs and daily ATM
cash withdrawal limit of Rs. 2 lakhs
Lost Card Liability Insurance of Rs. 2.5 lakhs.
The insurance covers any misuse up to 30 days
prior to reporting of the lost card and 7 days
after reporting.
Free Access to all VISA ATMs in India and
abroad

28. Classic Debit Card
Access at all merchant establishments and
ATMs that accept VISA cards in India and
abroad
Access to all VISA ATMs in India and abroad
Lost Card Liability Insurance of Rs. 1,00,000/-.
Offers & Discounts at Merchant Outlets in
categories such as Lifestyle, Fine Dining,
Travel, Health and Fitness

29. • Access India Debit Card
• Business Class - Gold Debit Card
• Business Power - Platinum Debit Card

30. • Choose between Montblanc Writing Instrument or
Makemytrip.com vouchers as joining gift
• Access to 600 VIP Airport Lounges Worldwide
• Enjoy features like four complimentary PVR tickets
every quarter, Access to over 600 VIP Airport
Lounges, TAJ Epicure Membership, Concierge
service and much more
• Choose between Shopper's or Traveller's Reward
earning plan and earn 10X rewards on select
categories

31. • 2X Rewards on spends outside India where 1
Reward Point = Re 1/-
• Freedom to purchase and pay in INR
• Get 2 free PVR movie tickets every month
when you spend Rs. 7500/- and above in a
monthly billing cycle
• Shop Anywhere in India using your PVR Kotak
Credit Card to get your free PVR movie tickets

32. • AT EASYDAY: Swipe Rs. 2,000 or above in one
bill & OUTSIDE EASYDAY: Swipe Rs. 3,000 or
above in one bill and get Easy day Vouchers
worth Rs. 25/-
• Milestone Offer - Spend Rs. 1,50,000 in a year
& get 4 PVR tickets
• 2.5% fuel surcharge waiver across all petrol
pumps in India

33. • Verified by Visa
Shop securely online with your Kotak Credit Card
• MasterCard Secure Code
Shop securely online with your Kotak Credit Card
• One Time Password Generation (OTP)
for IVR Transactions
• Kotak Credit Card Payment
• Find out various options to pay your Kotak
Credit Card outstanding

34. • Convert your Bill to EMI
• Cash at Ease
Access cash anywhere anytime By Phone |
Branch | ATM's | Online
• Visa Bill Pay
Pay your utility bills online

35. NRE Rupee Savings Account
• Low Average Quarterly Balance of Rs. 10,000/-
only
• Easy and Economical Remittances into India by
Cheque or Wire Transfer or Click2Remit
NRO Rupee Savings Account
• Low Average Quarterly Balance of Rs. 10,000/-
only
• Higher Yield post tax by availing DTAA benefits

36. NRE Rupee Current Account
• Low Average Quarterly Balance of Rs. 25,000/-
only
• Easy and Economical Remittances into India by
Cheque or Wire Transfer or Click2Remit
NRO Rupee Current Account
• Low Average Quarterly Balance of Rs. 25,000/-
only
• Easy and Economical1Remittances into India by
Cheque or Wire Transfer or Click2Remit.

37. NRE Term Deposits
• Minimum amount required for booking NRE
Term Deposit is Rs. 50,000/- only
• Auto renewal of term deposits on maturity
NRO Term Deposits
• Minimum amount required for booking NRO
Term Deposit is Rs. 50000 only
• Auto renewal of term deposits on maturity

38. • Age, Qualification & Employment:
• Minimum education qualification – Graduate
• Should be employed for at least 3 years
• Maximum Age - 58 years at the time of maturity of the
loan
• Minimum Income Norms:
• For Loan Tenure up to 5 years,
– Annual Gross Salary (after Currency Conversion, if
required) should be at least:
• USD 30,000 for USA/UK/Other
• For Loan Tenure above 5 years and up to 15 years,
– Annual Gross Salary (after Currency Conversion, if
required) should be at least:
• USD 42,000 for USA/UK/Other