BENGALURU: Kotak Mahindra Bank (KMB), announced the launch of Kotak Bharat app in Kannada. Kotak Bharat is a mobile banking app which requires no internet connectivity. At the heart of Kotak Bharat is inclusive digital banking philosophy where the common man from the under-banked and unbanked regions can also benefit from mobile banking in his/her preferred language.

Further, KMB is India’s first bank to now enable funds transfer without internet connectivity and without adding beneficiary, through this app. This encourages cashless transactions by enabling customers to transfer up to 2, 500 per day and at a time. The process of funds transfer is simple and totally secure as the transaction can only be initiated from customer’s registered mobile number. Further, customer will get a confirmation SMS on the registered mobile number, which is encrypted, and hence cannot be tampered.

Kotak Bharat will enable customers to manage their savings and current accounts as well as credit cards. It is currently available in Hindi, English, Gujarati, Marathi, Tamil and Kannada, and will soon be released in other Indian languages.

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