Kotak Mahindra Bank (KMB) has partnered with the National Payments Corporation of India (NPCI) to launch Kotak credit cards on the RuPay network named ‘Veer’ for Indian armed forces i.e. the Army, Navy, and Air Force personnel. In India’s 75th year of Independence, the first credit card to be introduced by KMBL on the RuPay network is the ‘Veer’ credit card, exclusively for the armed forces.
The launch of Veer credit card for the armed forces marks Kotak’s 1st credit card under the RuPay network. The credit card is available in two variants as Kotak RuPay Veer Platinum and Kotak RuPay Veer Select. These contactless cards come with a zero joining fee and provide multiple exciting benefits to cardholders.
Important takeaways for all competitive exams:
- Kotak Mahindra Bank Founded: 2003;
- Kotak Mahindra Bank Headquarters: Mumbai, Maharashtra;
- Kotak Mahindra Bank MD & CEO: Uday Kotak;
- Kotak Mahindra Bank Tagline: Let’s make money simple.