Kotak Mahindra Bank Ltd.

Private sector lender, Kotak Mahindra Bank has unveiled the discount vouchers ‘Onam Bonanza’ in Kerala state in order to strengthen its NRI business. It offers discount worth Rs 30,000 for those opening NRE and NRO accounts with its branches in Kerala in September and October this year. 

The discount vouchers could be used for making purchases with some of state’s leading jewellers and shops or enjoying the hospitality of major restaurants. The bank has seven branches in the state including those at Kochi, Kozhikode and Thiruvananthapuram.

The bank has also tie-up with various exchange houses in the Gulf Co-operation Council (GCC) region enabling it to serve the NRI customers. The bank has recently introduced toll free numbers in six countries from where customers could call the bank’s NRI centre.