Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
390.45
-1.20 (-0.31%)
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Kotak Mahindra Bank launches debit card-based e-mandate

Date: 23-04-2019

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.