Manage Money

Bank Name

Holiday Loan from Kotak Mahindra in Bardhaman

Bardhaman is a city in the Indian state of West Bengal. It is also known by its anglicized name Burdwan. It functions as the headquarters of the Purba Bardhaman district. Bardhaman used to be the district capital during the British era. The city experiences a hot and humid climate and hosts around 4 lakh residents. It is connected to the neighboring cities of Kolkata on one side and Durgapur on the other via the Durgapur Express Highway (NH2). There are quite a few places worth visiting in and around the city. The Shrine of Sarvamangala is believed to be a holy spot that is built upon Goddess Satis umbilicus. The Curzon Gate was built when Lord Curzon had visited the city for the first time. The Shiva Temple At Nawab Hat has 108 temples dedicated to the great Lord. Bengal being a major educational hub in the country has many prestigious educational institutions in each city. The University of Burdwan is one of the most prestigious universities in the state. Burdwan Medical College, Burdwan Raj College and Vivekananda Mahavidyalaya, Burdwan are of great repute. Many residents of Burdwan travel to the nearby cities for work. A good number of the population is employed in various government offices within the city. Agriculture is another major contributor to the citys economy as Bardhaman is known for its rich and fertile soil.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs

Low interest rate Home Loan in Bardhaman, 24 September 2020 from Kotak Mahindra

In February 2003, the RBI gave the license to Kotak Mahindra Finance Ltd to carry on banking business. The head office of the Kotak Mahindra, an Indian private sector bank, is in Mumbai, Maharashtra. It provides banking products and financial services for corporate and retail customers and specialized subsidiaries in the areas of life insurance, investment banking, general insurance, and wealth management.The Bank has 1,369 branches across 689 locations and 2,163 ATMs in the country, as of 31 March 2017. In 2018, it became the second largest private bank in India by market capitalization after the HDFC Bank. Uday Kotak established the Kotak Mahindra Bank which became a financial services conglomerate. The Reserve Bank of India (RBI) provided the banking licence to Kotak Mahindra Finance Ltd (KMFL), the Groups flagship company in February 2003. The KMFL became the first non-banking finance company in India to be converted into a bank ? Kotak Mahindra Bank Limited (Kmb)ltd.In a study published in February 2014 by Brand Finance Banking 500, KMBL was ranked 245th among the worlds top 500 banks with valuation of around half a billion dollars and brand rating of AA+. The Kotak Bank acquired ING Vysya Bank in a deal valued at ?15,000 crore in 2015. Total employment jumped to almost 40,000, and the count of branches reached 1261 with the merger. After the merger,the ING Group, which controlled ING Vysya Bank, owned a 7% share in Kotak Mahindra Bank.

Get your free Credit report that cost  Rs 1200 for FREE

1. Build your Credit Score

2. Reduce your Current Borrowing / EMI Costs