Kotak Mahindra Bank launches 8-11 app to double customer base

Kotak Mahindra Bank has launched the ‘811 banking app’ which is part of the lender’s vision to double customer base in 18 months.

Customers will be able to open an account on the 811 banking app with zero balance. Only Aadhaar and PAN card would be required to open 811 account which would provide access to over 100 features on mobile. The account offers up to 6 percent interest rate on savings deposits.

    Takeaways from above News-
    • Kotak Mahindra Bank launched the ‘811 banking app
    • Headquarter of  Kotak Mahindra Bank is in Mumbai and was founded in 2003
    • Uday Kotak is the executive vice-chairman and MD of Kotak Mahindra Bank 

    If you have any other takeaways, do share with us in the comment section
    Source- Business Standard

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