Kotak Mahindra Bank

Kotak Mahindra is one of India’s leading financial organizations, offering a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to the diverse financial needs of individuals and corporates.

The Group was born in 1985 as Kotak Capital Management Finance Limited. This company was promoted by Uday Kotak, Sidney A. A. Pinto and Kotak & Company. Industrialists Harish Mahindra and Anand Mahindra took a stake in 1986, and the company changed its name to Kotak Mahindra Finance Limited.

It was in 1991 that the Investment Banking Division was started with the takeover of FICOM, one of India’s largest financial retail marketing networks. In the year 1995, this division was incorporated into a separate company – Kotak Mahindra Capital Company. In 2003, Kotak Mahindra Finance Ltd. was converted to a commercial bank and became the first Indian company to do so.

The bank offers Personal Loans of value Rs. 50,000 to Rs. 50, 00,000, Home Loans, loan against property as well as Credit Cards.

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