As of November 2011
Time PeriodRate of Interest91 days to 180 days7.75%181 days to 270 days8.75%271 days to less than 1 year9.5%1 year to 389 days9.5%
Extra 0.5% for Senior Citizens
Kotak Mahindra Bank was created in 2003.
What is India
keeping money simple
The Kotak Mahindra Bank has offices throughout the country of India. The bank offers personal and corporate banking services, life insurance, mutual funds, and more.
Mr. Uday S Kotak is the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank. Mr. C Jayaram is the Joint Managing Director and Mr. Dipak Gupta too is a Joint Managing Director. Kotak Mahindra bank is one of the newest banks in India. They received a license to provide commercial banking services only in 2003
Kotak Mahindra Bank was created in 2003.
What is India
NBFC stands for Non-Banking Financial Company. It is a company that provides financial services to customers but does not accept customer deposits and provide deposit accounts (like savings account, checking account etc.) Kotak Mahindra Bank is a private bank that started banking operations in February 2003 and provides all banking services to its customers. Before that it was called Kotak Mahindra Finance Limited and was a NBFC. It is a proper bank now and is no longer a NBFC
Yes it is a private bank
keeping money simple
Mr. Uday S Kotak is the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank. Mr. C Jayaram is the Joint Managing Director and Mr. Dipak Gupta too is a Joint Managing Director. Kotak Mahindra bank is one of the newest banks in India. They received a license to provide commercial banking services only in 2003.
Mr. Uday S Kotak is the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank. Mr. C Jayaram is the Joint Managing Director and Mr. Dipak Gupta too is a Joint Managing Director. Kotak Mahindra bank is one of the newest banks in India. They received a license to provide commercial banking services only in 2003
The Kotak Mahindra Bank has offices throughout the country of India. The bank offers personal and corporate banking services, life insurance, mutual funds, and more.
Mr. Uday S Kotak is the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank. Mr. C Jayaram is the Joint Managing Director and Mr. Dipak Gupta too is a Joint Managing Director. Kotak Mahindra bank is one of the newest banks in India. They received a license to provide commercial banking services only in 2003
Mr. Uday S Kotak is the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank. Mr. C Jayaram is the Joint Managing Director and Mr. Dipak Gupta too is a Joint Managing Director. Kotak Mahindra bank is one of the newest banks in India. They received a license to provide commercial banking services only in 2003.
lets make money simple
kotak mahindra, icici , hdfc are a few prominent names