Products of the company

Savings account Term deposit Mutual funds Insurance Demat

Types of saving account

Ace saving account Edge saving account Pro saving account Nova saving account

Mode of operation
Singly operated account Joint account Minor account Power of attorney

Ace saving account

Features :
If salary is above 40000 then ace saving account is given to the customers. Free access at all domestic and international VISA ATMs Multiple channel access Financial payments facilitated Quick and easy funds transfer Free banking transaction Free investment account Dedicated relationship manager Family savings account Online trading account

Edge saving account

Features: If salary is between 15000 40000 then edge saving account is given to the customers.

Term Deposit
Ease and convenience of operation. Liquidity through overdraft or sweep in facility. No penalty on pre mature encashment. Nomination facility available.

DEMAT
It allows to hold shares in convenient demat formats. Documentation includes: Account opening form Identity proof Address proof

Recommendations
Kotak mahindra has a very few number of branches therefore it not very approachable to customers. Grievances of customers should be taken more seriously. More freebies should be given to employees to increase their motivation.