Kotak Mahindra Bank launches “Smart Banking 24x7” e-Lobbies

Mumbai, November 20, 2017: Kotak Mahindra Bank (Kotak) today announced the launch of 24 hour accessible e-Lobbies in the Mumbai suburbs of Juhu and Powai. Keeping the convenience of customers in mind, Kotak is expanding the touchpoints available for customers with a new format - “Smart Banking 24x7” e-Lobbies. Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Bank inaugurated the e-Lobby in Juhu and the Powai e-Lobby was launched by TV Sudhakar, Senior Executive Vice President, Kotak Mahindra Bank.

Shanti Ekambaram said, “Kotak’s “Smart Banking 24x7” e-Lobbies give customers the freedom to complete banking transactions at any hour of the day as per their convenience. Our effort at Kotak is focused on offering accessible and simple banking solutions to our customers. Over the years we have been innovating the bank’s delivery formats across physical and digital channels. Much like 811, which simplified the account opening experience, e-Lobbies too give an easy and non-intrusive banking experience.”

The Kotak Smart Bankinge-Lobbies offer 24x7 access to a range of banking services such as cashwithdrawals, cash deposits and cheque deposits. In addition, the quick servicebanking kiosks make banking easy, effortless and quick, enabling Kotakcustomers to complete internet banking transactions in a secure environment.


About Kotak Mahindra BankLimited


Established in 1985,Kotak Mahindra Group is one of India's leading financial servicesconglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), theGroup's flagship company, received banking license from the Reserve Bank ofIndia (RBI), becoming the first non-banking finance company in India to convertinto a bank - Kotak Mahindra Bank Ltd.


Effective April 1, 2015,ING Vysya Bank Ltd. merged with Kotak Mahindra Bank Ltd. As on September 30,2017, Kotak Mahindra Bank Ltd, has a national footprint of 1,362 branchesspread across 689 locations and 2,164 ATMs.


The Bank has fourStrategic Business Units – Consumer Banking, Corporate Banking, CommercialBanking and Treasury, which cater to retail and corporate customers acrossurban and rural India.


Formore information, please visit the company’s website at http://www.kotak.com/">#1155CC">http://www.kotak.com/

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