Kotak Mahindra Bank Ltd.

BSE: 500247 | NSE: KOTAKBANK
Large Cap | Bank - Private
2162.00
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Kotak Mahindra Bank launches merchant one account for MSMEs

Date: 11-11-2022

Kotak Mahindra Bank (KMBL) has launched Merchant One Account, a one-stop solution that caters to the banking and other business related needs of MSMEs, including small retailers. The Merchant One Account encapsulates a series of offerings and helps equip small businesses with digital solutions, thus making their day-to-day operations easier, convenient and faster. In addition, the Merchant One Account also helps retailers offer a superior experience to their customers.

Merchant One is an all-in-one account offering impactful solutions to solve transactional worries of merchants across the country. Merchant One Account brings under its umbrella a host of services - it allows retailers to maintain a khaata of transactions, record customer databases, order stocks digitally etc. Besides, merchants will not be charged non-maintenance charges if they miss maintaining monthly average balance in this current account.

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.