Kotak Bank IFSC Code Chandani Chowk Branch, MICR code, Address

Get IFSC Code and MICR code of Kotak Bank, Chandani chowk, Delhi branch in Delhi city along with the address.

IFSC Code of Kotak Bank CHANDANI CHOWK, MICR Code of Kotak Bank CHANDANI CHOWK

Last Updated 23rd Mar 2017
Bank Kotak Bank
IFSC Code KKBK0000186 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 110485017
Address NEW DELHI - CHANDANI CHOWK
Contact Number 23240390
Branch CHANDANI CHOWK
City Delhi
District New Delhi
State Delhi
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Kotak Bank Interest Rates in CHANDANI CHOWK, Delhi

Interest Rates* Tenure, Processing Fee
Kotak Bank MCLR Base Rate 9.30% Past Trend
Kotak Bank Home Loan 8.75% - 8.75% Floating Get Details
Kotak Bank Loan Against Property 10.50% - 14.00% Floating Get Details
Kotak Bank Personal Loan 13.00% - 18.00% Get Details
Kotak Bank FD Interest Rate 3.50% - 6.75% Get Details
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Home Loan options starting @ 8.50%
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Home Loan options starting @ EMI of Rs. 769/Lakh
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RS. 5,000
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Commercial Property Loan options starting @ 11.00%
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Commercial Property Loan options starting @ EMI of Rs. 952/Lakh
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RS. 5,000
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Loan Against Property options starting @ 9.50%
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Loan Against Property options starting @ EMI of Rs. 968/Lakh
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RS. 5,000
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Business Loan options starting @ 13.50%
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Business Loan options starting @ EMI of Rs. 2,301/Lakh
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RS. 2,500
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Personal Loan options starting @ 11.29%
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Personal Loan options starting @ EMI of Rs. 2,189/Lakh
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RS. 2,500
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Top up Loan options starting @ %
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Top up Loan options starting @ EMI of Rs. 0/Lakh
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RS. 200
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Education Loan options starting @ 11.10%
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Education Loan options starting @ EMI of Rs. 2,179/Lakh
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RS. 200
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Gold Loan options starting @ 11.00%
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Gold Loan options starting @ EMI of Rs. 8,838/Lakh
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RS. 1,000
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Car Loan options starting @ 9.25%
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Car Loan options starting @ EMI of Rs. 1,622/Lakh
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RS. 1,000
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News - Mar 2017
17th Mar 17 Banks Board Bureau reaches Prime Minister of India seeking action plan for increasing bad loans
Chairman of Banks Board Bureau wrote a letter to Finance Minister and Prime Minister of India seeking an action plan to control the increasing quantum of bad loans of the banks. Many state run and private banks including Kotak Mahindra Bank have reported an increase in the quantum of bad loans. As per the report, bad loans of state run banks rose by over Rs. 1 lakh crore at Rs. 6 lakh in December, 2016 on year on year basis.BBB in its letter has asked the ministry to penalise the banks who are held accountable for delaying the process of resolving or managing bad loans.
16th Mar 17 Micro loans are new big business house for banks
As per banking experts, banks have turned out to be active players in micro loan business during last five years. As per the data, out of total loan portfolio of the major banks of Rs. 98,625 crore, 37 percent (Rs. 36,683 crore) is accounted for micro loans. Eleven banks account for majority of micro loans portfolio. Some of the prominent banks in microfinance are HDFC, ICICI, Yes Bank, RBL, Equitas, Kotak Mahindra Bank, IDFC, Axis, Bandhan and DCB Bank.
11th Mar 17 Kotak MF launches Go Digital
Kotak Mahindra Asset Management Company has launched a digital platform named Go Digital. The digital platform will enable the distributors to build their own website or mobile application. With the help of digital platform, Kotak Mutual fund investors can access their portfolios, view scheme details and check for documents required for investment.
09th Mar 17 Kotak Mahindra Bank sold 1.5 percent stake to Canadian Funds
Chief of Kotak Mahindra Bank has sold 1.5 percent of his personal stake in Kotak Bank to two Canadian Pension Fund managers for Rs. 2,255 crore via open market transaction. The 2.76 crore shares were sold at Rs. 817 per share. Under the sale, 1.84 crore share of the bank were purchased by CPDQ fund and the remaining shares were taken by Canada Pension Plan Investment Board. As per sources, the move will help the bank to comply with RBI directive on promoter shareholding that should stand at 30 percent.
08th Mar 17 Canadian pension fund CPDQ plans to buy stake in Kotak Mahindra Bank
Kotak Mahindra Bank is in talks with Canadian Pension Fund manager, Caisse de Depot et Placement du Quebec (CPDQ) to sell its 3 percent stake. As per Bloomberg data, market value of the 3 percent stake of the bank based on its current stock price that stands at Rs. 5,400 crore (810 million dollars).
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