Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank (KMBL) has gone live with the launch of the National Pension System (NPS) on mobile. KMBL customers can now open and operate their NPS accounts effortlessly and conveniently through the Bank’s Mobile Banking platform.

All that a customer needs to do to open an NPS account through the Kotak Mobile Banking app is to upload a copy of the PAN card and a photograph. The process is completely paperless and the account can be opened instantly with just a few clicks. The account gets activated within a day, post verification. Further, existing NPS subscribers can also make additional contributions through the Kotak mobile banking app as well as view details of their account including total invested amount, total gain/loss and returns generated.

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.