Kotak Mahindra Bank Limited is India’s largest private bank having 1600 branches and 2519 plus ATM's. This bank was founded by Mr. Uday Kotak and offers various services like Insurance, Private Equity, Mutual funds, Investment Management, Commercial Banking, Credit Card, Loans, Mortgages, N R I Banking, Online Banking, Global Markets, Risk Management, Wealth Management, Recurring and Fixed Deposits, Treasury Management and others.
Factsheet of Kotak Mahindra Bank Limited| Bank Name | Kotak Mahindra Bank Limited |
| Founded in | Feb. 1, 2003 |
| Promoters/founders | Mr Uday Kotak |
| Headquarter Address | Kotak Mahindra Bank Limited |
| Employee's | 71000 |
| Type of Bank | Private Bank |
| Official Website | https://www.kotak.com/en/home.html |
| Customer Care Number | 18602662666, 022-66006022 |
Kotak Mahindra Bank Limited is one of the major Indian banking and financial service company located in Mumbai City the capital of Maharashtra. We are very good in offering the financial services and financial products to our normal and corporate customers. The bank was the brain child of Mr. Uday Kotak and was created in 1985, and it began to operate as Kotak Capital Management Finance company with a very small amount of INR 30 Lakhs. Furthermore, in the later stages Shri Anand Mahindra and his father Harish Mahindra invested INR 1 Lakhs in the establishment and this company was renamed as Kotak Mahindra Finance.
The company began to expand its operations in the late 90's and set up the Investment Banking and Car Financing corporations. During 1996 a car financing company Kotak Mahindra Primus was started as a 60-40 venture between Ford Credit International and Kotak Mahindra Finance. In the year 2001, OM Kotak Mahindra Life Insurance Company was also created as a 74-26 joint venture Kotak Mahindra Finance and Old Mutual. We were ranked 245th among the world's top 500 banks with a brand valuation of around US$481 million and brand rating of AA+ for offering quality customer services.
Even though this bank was created in 1985, it is interesting to note that Kotak Mahindra Finance received a banking license from the RBI in 2003. Kotak Mahindra also obtained ING Vysya in 2015 for a whopping INR 15000 Crores. We have a wonderful team consisting of more than 1500 plus branches and more than 2000 ATM making a Pan Indian Presence.
Mr. Uday Kotak is the Chairman, Managing Director and the CEO of Kotak Mahindra Bank.
There are various subsidiaries of the Kotak Mahindra Bank Limited and they are given below as follows:
The banking services offered by the Kotak Mahindra Bank Limited are as follows:
There are various credit and loan oriented services offered by the Kotak Mahindra Bank Limited and they are:
Kotak Mahindra Bank Limited has 1925 IFSC connected branches in India. Bank has branches in following states:
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