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Premium Bike Loan from Kotak Mahindra in Dhanbad

Dhanbad is second largest and the most populous city in the east Indian state of Jharkhand. It is popularly known by the name ?The Coal Capital of India?. Looking into the etymology, the name Dhanbad is believed to have been derived from the words "Dhan" which means wealth and Abad which means prosperity. When the words are put together, it means "prospered with wealth" for being a mineral-rich region. Another alternate explanation attributes the name of the city to its rich paddy fields as "Dhaan" in the local language means paddy. Both of these explanations make equal sense because the city is indeed quite rich in minerals and it also has the largest rice producing farms in Jharkhand. The chief economic source of the city is mining and some of the largest mining production units are situated in Dhanbad. Companies like Tata Steel, Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), and Indian Iron And Steel Company operate in Dhanbad. Dhanbad Rail Division generates a lot of revenue and ranks second after the Mumbai division. Dhanbad has many reputed educational institutions such as the Indian School of Mines, IIT Dhanbad, Patliputra Medical College and Hospital, Central Institute of Mining and Fuel Research, etc. Places like Maithan Dam, Panchet Dam, Bhatinda Falls, Shakti Mandir and Topchanchi Wildlife Sanctuary serve as major tourist hubs in this city.

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Low interest rate Premium Bike Loan in Dhanbad, 25 January 2021 from Kotak Mahindra

Kotak Mahindra Finance Ltd was launched in 1985. Mr. Uday Kotak is the MD & CEO of the bank. In 1990, the bank introduced the auto finance division for financing the passenger cars. In 1991, it established the investment banking division. Indias first gilt fund was launched through Kotak Mahindra Asset Management Company. The Kotak Mahindra Finance Ltd became Indias first non-banking finance company to be converted to a commercial bank. For financing Ford vehicles, the bank took a significant stake in Ford Credit Kotak Mahindra Ltd. The first representative office of Kotak Mahindra was opened in Dubai in 2008. In 2009, the pension fund was launched under NPS. For the digital and social media, the bank has launched innovative solutions such as JIffi and KayPay in the year 2014. The RBI approved the merger of KMFL with ING Vysya Bank in 2015, and Kotak Mahindra Insurance received IRDAI approval for starting its insurance business. In 2017, the bank acquired BSS Microfinance Ltd. Recently the bank has launched Kotak Infrastructure Debt Fund Ltd.

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