Kotak Mahindra was established by Uday Kotak in 1985. It was initially established as a financial services conglomerate and received its banking license in 2003 from the Reserve Bank of India (RBI). Kotak Mahindra is the first Indian finance company to be converted into a bank and came to be known as Kotak Mahindra Bank Limited.
In 2015, Kotak Mahindra merged with the ING group to acquire ING Vysya Bank. At present, Kotak Mahindra has over 1,300 bank branches all over India with over 2,000 ATMs spread across the country. It is currently the second largest private bank by market capitalisation in India.
Kotak Mahindra offers its customers a wide variety of financial services. One of these services includes its corporate salary accounts. The corporate salary accounts offered by Kotak Mahindra include the Neo Salary Account, the Ace Salary Account, the Edge Salary Account, and the Platina Salary Account.
Across various surveys, the corporate salary accounts offered by Kotak Mahindra have always been featured in the list of the best salary accounts in the country. Here are a few of the features and benefits of the Platina Salary Account that prove why it is considered one of the best.
Employees earning a net take-home income of Rs. 1,00,000/- and more are eligible for this product.
The Platina account also comes with a few added benefits for its account holders. They are as follows:
Aside from the benefits mentioned above, account holders can also use their internet banking and debit card services for the payment of utility bills and various online transactions.
You need to maintain a minimum balance of Rs. 50,000 in Kotak Mahindra Bank Salary account.
With Kotak Pro Savings Account you can do more with your bank account, each day, by maintaining a simple AMB of Rs. 20,000/-. So go ahead, access a range of privileged banking services from free cash/cheque pickup to a Demat account at no additional costs.
Credit Card:
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Personal Loan:
Home Loan:
Fixed Deposit:
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