Home Current Affair May 2020 Kotak Mahindra Bank launched Video-KYC facility for Customers

Kotak Mahindra Bank launched Video-KYC facility for Customers


  • Kotak Mahindra Bank has launched its Video-KYC facility for all the customers opening savings accounts on the bank's digital banking platform 'Kotak 811'. Due to this, the bank becomes 1st bank in India to provide this feature. Due to the Video-KYC facility, Verification of documents, Signature will be completed via a video call with a representative from the bank without any physical interface.
  • Kotak Mahindra Bank,
    - Kotak Mahindra Bank is an Indian private sector bank, that was founded by Uday Kotak in February 2003. Its headquarter is in Mumbai, Maharashtra. It offers banking products and financial services for corporate and retail customers.
    - At Present, the Chairman of Kotak Mahindra Bank is Prakash Apte and MD & CEO is Uday Kotak.

Published On : 20 May 2020

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