Manage Money

Bank Name

Holiday Loan from Kotak Mahindra in Nangloi Jat

Nangloi Jat is popularly known as "Nangloi." It is a locality situated in the western district of the Union Territory of Delhi. The city surrounded by Paschim Vihar, Najafgarh, Bahadurgarh and Delhi Outer Ring road. The National Highway 10 or the Rohtak Road runs through Nangloi. The city is connected to the Delhi Metro on its Green Line. Some striking landmarks in Nangloi include Maharaja Surajmal Stadium, Krishan Mandir, Northern Railways Jal Neer Plant and Nangloi Railway Head. The region has developed tremendously since the liberalization of the Indian economy in 1991. Many health-care centers have been established here, along with all other amenities required for a comfortable living. A look-alike of the Qutub Minar, Hastsal ki Laat, that is similar to the famous monument in design and is made with similar red sandstone, is located near Nangloi. It was built by the Mughal Emperor Shahjahan in 1650 and is definitely worth a visit.

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 Nangloi Jat, 26 April 2019 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