Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is reportedly expecting to double its customer base to 16 million within the next 18 months on the back of its newly-launched ‘811’ digital banking ecosystem. 811 is a mobile banking app, which allows paper-less, real-time account opening, with over 100 features for banking, payments and shopping. It offers a zero balance savings account with zero charges for all digital transactions and customers can earn up to 6 per cent interest on their savings bank accounts.

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.