Kotak Mahindra Bank has become the first lender to go live with both debit card and net banking- based electronic mandates on NPCI's e-Mandate API platform. This capability will enable customers to create electronic mandates (similar to the erstwhile eNACH with Aadhaar + OTP) via both the debit card and net banking channels.
Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
