Kotak Mahindra Bank inaugurated this year’s festive season by the launch of the 2020 edition of Khushi Ka Season.
Kotak is offering customers attractive loan rates, loan processing fee waivers, and quick online loan approvals on a range of retail and agri loan segments. These offers are available in metros, smaller towns, villages, and cities. Customers can avail these special offers on other banking products including savings account, debit & credit cards, and no-cost EMI payments.
Further, Kotak is partnering with leading e-commerce players such as Amazon.in and Flipkart with exciting offers for Kotak debit and credit cardholders. Besides, Kotak has joined with over 100 brands to introduce curated deals on its debit cards, credit cards, payments through Kotak net banking & mobile banking channels, and no-cost EMI. Shanti Ekambaram, Group President, Consumer Banking, Kotak Mahindra Bank Ltd, mentioned that the Indian economy is steadily moving towards normalcy and shows the early signs of the return of consumer confidence and demand and also recognizes that the woman has an active and completely larger role in household finances and are offering preferential pricing for women applicants on loans for personal and business purposes.
The highlights of the offerings include home loans starting at 7% per annum plus savings of up to ₹20 lakh on balance transfer cases. The bank also offers a 50% waiver on processing fee on car loans, two-wheeler loans, agri-business, commercial vehicle, and construction equipment finance.
D Kannan, Group President, Commercial Banking, Kotak Mahindra Bank Ltd, stated that the retail banking customers, agri-business, commercial vehicle, and construction equipment customers are delighted with Kotak’s festive season offerings.
Vyomesh Kapasi, Managing Director of Kotak Mahindra Prime Ltd mentioned that there is a huge confined demand for personal consumption items and the company is seeing a strong bounce back. Auto sales are an example. Before, the reasons for customers buying a car range from convenience to comfort to getting a status symbol. But now, the purpose of buying a car is to ensure the safety of one’s family is very important. They are delighted to offer consumers several attractive offers on car and two-wheeler loans with Khushi Ka Season.