Categories: Agreements

Kotak Mahindra Bank partnered NPCI to launch Rupay Credit Cards ‘Veer’

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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