Car loan lender, Kotak Mahindra Bank has started a branch in Kozhikode, thus taking a step to increase its presence in Kerala.
With the start of this new branch, the number of branches of Kotak Mahindra Bank in the State has gone up to 4. The other 3 branches are based in Kottayam, Kochi and Thrivananthapuram.
Mr. C Jayaram, Executive Director, Kotak Mahindra Bank said, “As a Group, we see tremendous potential in Kerala. In the recent past, Kerala has seen a significant growth in Commerce, IT & ITES sectors’,.
This new branch would offer all the basic products of the bank such as savings accounts, term deposits and loans and investment products.
Presently, the bank’s branch network has 263 branches and over 555 ATMs throughout the country.
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