Home Current Affair December 2019 Kotak Mahindra Bank tie-up with Pine Labs to enable EMI on Debit Cards

Kotak Mahindra Bank tie-up with Pine Labs to enable EMI on Debit Cards


  • Kotak Mahindra Bank has partnered with Noida based Software company Pine Labs to enable Debit Card (EMI) Facility for their debit cardholders.
  • The main objective of this agreement is to provide affordable, flexible and easy EMI options to the bank customers.
  • It enables around 10,000,000 Kotak debit card customers to pay for their purchases in easy installments through the Pine Labs POS terminals.

    About Kotak Mahindra Bank
    i) Founded by Uday Kotak (Feb 2003)
    ii) HQ - Mumbai, Maharashtra
    iii) Chairman - Prakash Apte
    iv) MD & CEO - Uday Kotak

Published On : 27 Dec 2019

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