Kotak Mahindra Bank has tied up with Pine Labs to enable debit card facility for their debit cardholders across point-of-sale terminals by Pine Labs. Banks customers can avail EMI facility with a minimum purchase of Rs 8,000 and repay over 3 months to 12 months. Its aim is to provide affordable, flexible and easy EMI options on a range of products so that bank’s customers can break their high-value purchases into affordable instalments at no extra cost.
Important takeaways for all competitive exams:
- Kotak Mahindra Bank Establishment: 2003.
- Kotak Mahindra Bank Headquarters: Mumbai, Maharashtra.
- Kotak Mahindra Bank Managing Director & Chief Executive Officer: Uday Kotak.
- Kotak Mahindra Bank Tagline: Lets make money simple.
Source: The Hindu