Kotak Mahindra Bank launches festive offers to woo borrowers


Mumbai: Kotak Mahindra Group on Friday flagged-off this year’s festive season celebrations by announcing the launch of the 2020 edition of Khushi Ka Season.

Kotak is offering customers attractive loan rates, loan processing fee waivers and quick online loan approvals on a range of retail and agri loan segments.

Customers can avail special offers on other banking products including savings accounts, debit & credit cards and no-cost EMI payments.

Further, Kotak is partnering leading ecommerce players such as Amazon.in and Flipkart with exciting offers for Kotak debit and credit cardholders.

In addition, Kotak has tied up with over 100 brands to introduce curated deals on its debit cards, credit cards, payments via Kotak net banking & mobile banking channels and no-cost EMI.

“The Indian economy is steadily moving towards normalcy and we are seeing the early signs of the return of consumer confidence and demand,” said Shanti Ekambaram, Group President – Consumer Banking, Kotak Mahindra Bank Ltd. “We also recognise the increasingly larger and active role that a woman is playing in household finances and are offering preferential pricing for women applicants on loans for personal as well as for business purposes.”

The highlights of the offerings include, home loans starting at 7% p.a plus savings of up to Rs. 20 lakh on Balance Transfer cases. The bank is also offering 50% waiver on Processing Fee on Car Loans, Two-wheeler Loans, Agri Business, Commercial Vehicle and Construction Equipment

Finance.

“Along with our retail banking customers, our agri business, commercial vehicle and construction equipment customers too have many reasons to rejoice with Kotak’s festive season offerings,” said D Kannan, Group President – Commercial Banking, Kotak Mahindra Bank Ltd.





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