Indian Navy has signed MoU with KotakMahindra Bank for salary accounts of all its personnel (both Serving and retired).
• Under the MoU, Kotak Mahindra Bank will offer Special salary account benefits to the Indian Navy Like enhanced complimentary personal accident
Insurance, special education benefit, additional Girl child benefit, zero processing fees on personal Loans, home loans and car loans.
•MD &CEO of Kotak Mahindra: Uday Kotak.