As you want to know information of Kotak Mahindra Bank, Financial Inclusion service here I will help you for that.

The Financial Inclusion service of Kotak Mahindra Bank delivers banking services at an affordable cost to vast sections of disadvantaged and low income groups through its different products.

The Financial Inclusion includes four products which are:-
A pure savings product with inbuilt overdraft facility

A Recurring Deposit product

A Remittance product and

Entrepreneurship credit in the form of Kissan Credit Card (KCC) / General Credit Card (GCC)

Objectives
Extending formal banking system among the less privileged in urban & rural India.

Weaning them away from unorganized money markets and moneylenders.

Equipping them with the confidence to make informed financial decisions.

Industry Initiatives
Introduction of Basic Saving Bank Deposit Account (BSBDA) and Small accounts

Introduction of Business Correspondent (BC) Model for service delivery in remote areas

Adoption of Information & Communication Technology (ICT) based model for enhancing outreach.

Integration of Electronic Benefit Transfer (EBT) for disbursement of Govt. Grants

Extending of Direct Benefit Transfers to Aadhar linked savings accounts

For full information please check the file

Information about Financial Inclusion


Address:-
Kotak Mahindra Bank
27 BKC, C 27, G Block,
Bandra Kurla Complex, Bandra(East),
Mumbai – 400051

Attached Files

Information about Financial Inclusion.doc (29.5 KB, 56 views)