Top Banks 2024
Kotak Mahindra Bank Mumbai
Last Updated : Sept. 5, 2018, 4:56 p.m.
About Kotak Mahindra Bank
The Kotak Mahindra is a financial organisation established in 1985 in India. In February 2003, Kotak Mahindra Financial Ltd., the group’s flagship company was given the license to carry on banking business by the Reserve Bank of India. It was the first company in the Indian Banking history to convert to a bank. The registered head office of the bank is at Nariman Point, Mumbai. It is one of the India’s leading financial institution. The main aim of the bank is to provide customized and customer-centric banking services. The bank delivers customer- oriented services by providing the customer with the financial product of his choice. From commercial banking to stock banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to all the financial needs of the individuals and corporate. It has been successful in providing quality service to the customers and has gained a high position in the Indian Banking and Financial industry. It is one of the top performing private banks in the country that has earned the trust of the people within the short span of time.
Address of Kotak Mahindra Bank Branches in Mumbai
The complete address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank located in Mumbai are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Mumbai - Sion (W) | Kotak Mahindra Bank Ltd. Kum Kum Chs, Jain Society, Off Eastern Express Highway, Behind Dominos, Sion (W) - 400022 | KKBK0000635 | 400485043 | (022) 24081051 |
| Mumbai - Opera House | Kotak Mahindra Bank Limited. 480, Sanghrajka House, S.V.P Road, Opera House, Mumbai - 400004 , Maharashtra | KKBK0000666 | 400485033 | 9819291132 |
| Hughes Road | Kotak Mahindra Bank Ltd, Gr Flr Unit 2 & Basement Unit B Manek Lodge, N S Patkar Marg, Hughes Road, Mumbai 400007 | KKBK0000639 | 400485044 | 23885571/72/73 |
| Worli | Kotak Mahindra Bank Ltd. City View Building, 201, Dr. Annie Besant Road, Worli, Mumbai – 400018 | KKBK0000634 | 400485042 | 67474200-03 |
| Mumbai - Kandivali (E) | Kotak Mahindra Bank Ltd. Gayatri Enclave, Gr. Floor 90 Feet Road, Thakur Complex Kandivali (E) Mumbai - 400 101 | KKBK0000633 | 400485041 | (022) 67413242 |
| Parel | Kotak Mahindra Bank Ltd. Shop No. 9, 10, 11 & 12, Veer Mahal Chs, Ground Floor, Dr. Babasaheb Ambedkar Road, Parel, Mumbai 400 012 | KKBK0000640 | 400485046 | 65991985/ 86 |
| Goregaon | Kotak Mahindra Bank Ltd. Evershine Angan, Gr Floor, Plot No 4, Jawahar Nagar, Goregaon West, Mumbai 400062 | KKBK0000643 | 400485045 | 67587970/71 |
| Lokhandwala - Andheri | Kotak Mahindra Bank Ltd, Shop Numbers 9, 10 And 11, Ground Floor, Wing B, Silver Spring Plot No.118, Lokhandwala Complex, Andheri West, Mumbai - 400053 | KKBK0000680 | 400485054 | 1800226022 |
| Andheri - Kurla Road | Kotak Mahindra Bank Ltd, Unit No - 2 & 3, Ground Floor, Satellite Silver, Satellite Silver Co - Operative Hsg Society Ltd, Andheri - Kurla Road, Cts No - 1613, 1613/1, Andheri East, Mumbai - 400059 | KKBK0000681 | 400485055 | 1800226022 |
| Ghatkopar | Kotak Mahindra Bank Ltd, Unit No. 1, Ground Floor Rajshree Plaza, Rajshree Plaza Premises Co - Operative Soc. Limited, Opposite Shreyas Cinema, Lbs Marg, Ghatkopar (west) Mumbai - 400086 | KKBK0000682 | 400485057 | 1800226022 |
| S V Road Branch | Kotak Mahindra Bank Ltd, Shop No. 1 To 5 On The Ground Floor & Basement, Dattani Chambers, Dattani Chambers Co - Operative HSG Soc. Ltd, Swami Vivekanand Road, Malad (west), Mumbai - 400064 | KKBK0000683 | 400485056 | 1800226022 |
| Vikhroli West | Kotak Mahindra Bank Ltd, Shop No.3 & Shop No.4, Ground Floor, Karma Stambh, Next To Hcc Business Park, Lbs Road, Vikhroli (west), Mumbai - 400079 | KKBK0000684 | NON-MICR | 1800226022 |
| L J Road Branch | Kotak Mahindra Bank Ltd, Ground Floor, First Floor Gayatri Apartment, Opposite Vijay Sales, L J Road, Mahim ( West) Mumbai - 400016 | KKBK0001345 | 400485058 | 1800226022 |
| LBS Road Bhandup Branch | Kotak Mahindra Bank Ltd, Ground Floor & First Floor, Hotel Pride, Lbs Road, Bhandup ( West), Mumbai - 400078 | KKBK0001346 | 400485059 | 1800226022 |
| Mumbai Currency Chest | Kotak Mahindra Bank Ltd, Ground Floor, Admin Bldg., Western Industrial Co-Op Estate Ltd., Opp Seepz Main Gate, Midc (marol), Andheri East | KKBK0001340 | NON-MICR | 1860 266 2666 |
| Veera Desai Branch | Kotak Mahindra Bank Ltd, Shop No.-1, Ground Floor, Wing-A Dev Presitige In Azad Nagar Prestige Co-Operative Housing Society Ltd, Azad Nagar Road No-3, Veera Desai Road, Andheri (west), Mumbai-400058 | KKBK0001351 | 400485064 | 1800226022 |
| Dadar East Branch | Kotak Mahindra Bank Ltd, Dadar East Branch Mumbai, Ground Floor Shop No.11-12-13& 13a, & First Floor-Unit No.14, Dharamputra Building, Dr. Babasaheb Ambedkar Road, Dadar East- Mumbai-400014 | KKBK0001354 | 400485067 | 18001026022 |
| Kharghar Branch | Kotak Mahindra Bank Limited Kharghar Branch Ground Floor Shop No. 1, 2, 3, 4, 5 & 6, Vaibhav Chsl, Plot No. 28, Sector-11, Kharghar, Navi Mumbai-410210 | KKBK0001356 | 400485068 | 18001026022 |
| Borivali Chamunda Circle Branch | Kotak Mahindra Bank Limited Chamumda Circle Branch- Borivali Ground Floor (part), Jay Bhadra Villa Plot No.14 , S V Road, Near Chamunda Circle , Borivali (west) Mumbai-400092 | KKBK0001357 | 400485072 | 18001026022 |
| Dahisar East Branch | Kotak Mahindra Bank Limited Dahisar East Branch-Mumbai Ground Floor & Mezzanine Floor, Ram Kumar Thakur Road, Dahisar (east) Mumbai-400068 | KKBK0001358 | 400485071 | 18001026022 |
| Mahavir Nagar Kandivali West Branch | Kotak Mahindra Bank Limited Mahavir Nagar Kandivali Branch Mumbai First Floor Flat No. 129 & 130, Wing H, Raj Arcade Near Jain Temple, Kandivali (west), Mumbai-400067 | KKBK0001359 | 400485076 | 18001026022 |
| Shivshankar Plaza I Sector 8 Airoli Branch | Kotak Mahindra Bank Limited Airoli Branch- Navi Mumbai Ground Floor & First Floor, Shop No. 11, 12, & 13 Shivshankar Plaza- Shivshankar Plaza- I, Co-Operative Housing Society Limited, Sector -8, Airoli Navi Mumbai- 400708 | KKBK0001360 | 400485069 | 18001026022 |
| Dr C Gidwani Marg Chembur Branch | Kotak Mahindra Bank Limited Chembur Branch- Mumbai Ground Floor, Shop No.7, 8 & 9, Basant Vihar Commercial Complex Premises- Co-Operative Society Limited, Near Basant Cinema, Dr. C. Gidwani Marg, Chembur Mumbai -400074 | KKBK0001361 | 400485070 | 18001026022 |
| LBS Marg Mulund Branch | Kotak Mahindra Bank Ltd, Shop No.8, Ground Floor, Vikas Paradise LBS Marg, Mulund (west), Mumbai-400080 | KKBK0001352 | 400485065 | 1800226022 |
Products Offered by Kotak Mahindra Bank in Mumbai
In Mumbai, Kotak Mahindra bank provides a plethora of banking products and services according to the requirement of the customers. It provides all kinds of banking products that are required by the client to solve the financial problem. The wide range of products offered by the bank includes loans, insurances, investments and deposits. Under the category of loan, the bank provides multiple products and they are home loan, personal loan, car loan, loan against property, business loan and etc. It even takes care of investment needs of the individual and accepts the deposits. The customer can choose any of the product as per the need. The details of all the products proffered by the bank are given in the table below:
Kotak Mahindra Bank Products Details
| Product Name | Eligibility Criteria | Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | Individuals, either solely or jointly can apply for the home loan if they fall in the age bracket and earn a considerable income as per bank norm | Up to 90% of the property | 8.70% onwards | Nil | Up to 20 years |
| Personal Loan | All Indian residents who are employees of either MNCs, Public and Private limited companies with: - Minimum age 21 years and maximum 58 years - Minimum net salary of ₹ 25,000 - Graduation as minimum Education qualification - Minimum 1 year of stay in the current city - Having total work experience of 2 years | Minimum - ₹ 50,000 Maximum - ₹ 15,00,000 | 10.99% Onwards | Up to 2% of the loan amount + service tax | Up to 5 years |
| Car Loan | Eligible Segments- Partnership Firms and LLPs, Public & Private Ltd. companies, HUFs and Trusts Criteria for Salaried: Minimum age of the applicant should be 21 years Maximum age of the applicant at loan maturity should be 58 years The applicant must earn minimum income of ₹ 15,000 per month Must have minimum employment of 12 months Criteria for Self- Employed; Minimum age of the applicant should be 21 years Maximum age of the applicant at loan maturity should be 65 years Minimum employment in the current line of business should be at least 1 year | Minimum - ₹ 75,000 Maximum - Up to 90% of the car value | As per company’s norms | As per company’s norms | Maximum - 7 years |
| Loan Against Property | - All individuals either solely or jointly can apply for loan against property - Minimum annual income should be Rs. 1.44 lakh as per the P&L. - Minimum 21 years of age. - Maximum 65 years of age at the time of loan maturity. - Firm/company should have been in operation for the last 3 years. - Firm/company should be making cash profits for the last two years. | ₹ 10 lakhs to ₹ 3 crores | 10% p.a. | up to 1% of the loan amount | Maximum Up to 12 years |
| Business Loan | The borrower should be in the line of business for 3 years and the business should be profitable for last 2 years. The eligible segments are: - Self employed businessmen with an annual turnover of ₹ 2 crores - Manufacturers with an annual turnover of ₹ 1 crore - Service Providers with an annual turnover of ₹ 50 lacs | ₹ 3 lacs to ₹ 75 lacs | 16% p.a. - 19.99% p.a. | Up to 2% of the loan amount | 15 years |
| Gold Loan | - The applicant should be a resident Individual or Proprietor -The age of the applicant should be 18 years and above | Minimum - ₹ 25,000 Maximum - ₹ 25 lacs | 10.5% p.a. to 17% p.a. | 2% of the loan amount | Up to 3 years |
| Education Loan | - The student should be an Indian National - The student shall have secured the admission in India or abroad through an entrance test or through merit based selection process - The minimum age of the joint applicant should be 21 years but not more than 70 years | For studies in India - maximum ₹ 10 lacs Studies abroad - maximum ₹ 20 lacs | 11.5% p.a. - 24% p.a. | Up to 2% of the loan amount + service tax | |
| Fixed Deposit | An individual either solely or jointly A minor jointly with a major HUF Private Traders Professionals Partnerships Firms Companies Clubs Societies & Corporates | - | 2.50% - 4.90% | - | 7 days to 10 year |
Documents Required
The list of documents required to avail the benefit of the financial products are given below:
| Product Name | Documents |
|---|---|
| Home Loan | Proof of identity (photocopies of Voters ID card/ Passport/ Driving licence/ IT PAN card) Proof of residence (photocopies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card) Proof of Income - Original Salary Certificate from employer, TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt., Acknowledged copies of three years I.T. returns/ Assessment Orders, Photocopies of challans evidencing payment of Advance Income Tax Proof of business address for non-salaried individuals Statement of Bank Account/ Pass Book for last six months Signature identification from present bankers Personal Assets and Liabilities statement |
| Personal Loan | Application Form 1 Latest Photograph Identity Proof - Passport/ PAN Card/ Voters ID card/ Driving License etc Residence Proof - Ration card/Driving License/Voters ID card/ Passport / Telephone Bill/ Electricity bill/Life Insurance policy Age Proof - Passport, PAN Card or Any Other Certificate from Statutory Authority Signature Proof Ownership Proof Income Proof - Salary slips for last 3 months, ITR/ Form 16 for last 3 years, Latest Income Tax Return Bank Account Statements |
| Car Loan | Duly filled Application form Photograph Proof of Identity:- Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible) Income Proof: Latest salary slip with Form 16./ Income Tax Returns of 2 previous financial years Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card Signature Verification from your Banker / Voters ID / IT PAN card / IT Return / Driving License / Passport Salary Bank Statement/ Business Bank Statement P&L A / C and B / S for the last 2 years certified by CA by Non-Salaried |
| Loan Against Property | Application form Financial Statements/ Bank Statement Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card Age Proof - Passport, PAN Card or Any Other Certificate from Statutory Authority |
| Business Loan | Proof of Identity: Voter’s ID Card/ Passport/ Driving License/ PAN Card/ Signature identification from present bankers of proprietor, partner of director (if a company) Proof of residence: Recent telephone bills, electricity bill, property tax receipt /Passport/ Voter’s ID Card of Proprietor, partner of Director (if a company) I.T.R., 2 Years, Balance Sheet and Profit & Loss Account Proof of ownership of Residential or Commercial Property (including Parental Property) in select locations Latest 6 months Bank statement of Business |
| Gold Loan | For Kotak customers: Latest address proof (only if the address of the customer has changed) For non-Kotak customers: Identity Proof, Address Proof, Signature Proof (KYC Documents) and 3 passport size photographs |
| Education Loan | Application Form 2 photographs Proof of Identity - Passport/ PAN Card/ Voters ID card/ Driving License etc. Residence Proof - Passport/ Driving License/ Voter ID/ Ration Card/ Telephone Bill Signature verification from bank Income Details of Co- Applicant and Guarantor - Latest payslip or Form 16 or 2 years ITR Proof of Ownership Proof of Relationship Confirmed admission letter Letter from college Academic Pass out Mark sheet/Certificate |
| Fixed Deposit | Proof of Identity - Passport, Voter ID card, Driving license, PAN card, Government department ID card Proof of Residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement |