Kotak Mahindra Bank in the UK

Kotak Mahindra Bank is among the largest private banks in India. The bank offers a wide range of banking and business facilities. NRIs living outside of India have access to these NRI banking facilities. There are several advantages that customers get with NRI banking services, including managing their finances in India and considering investment plans.

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Kotak Mahindra Bank London Address

NRIs residing in the UK who want general support can dial the UK contact number or visit the local offices in London.

Office Address 8th Floor, Portsoken House, 155-157 Minories, London, EC3N 1LS, United Kingdom
Phone Number +44 20 7977 6900

Note: Kotak Mahindra (UK) Ltd has a London office that supports its international business operations. It does not conduct any regular banking or accept or withdraw cash. Customers based in India who want help with their account can be reached through NRI Banking platforms of Kotak Mahindra Bank.

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Kotak Mahindra Bank NRI Services

NRIs residing in the United Kingdom may access various facilities offered by Kotak Mahindra Bank. Customers can make use of the bank’s digital onboarding facility to create an NRI account and submit their documents online.

  • The bank offers different types of NRI accounts, like NRE, NRO, and FCNR (B) term deposits, to help customers monitor both foreign and domestic incomes.
  • Customers can have various NRI account benefits, including convenient internet banking, international fund transfers, debit cards, fixed deposits, and hassle-free management of their finances in India even when they are overseas.
  • Customers can make use of the eligible investment plans and NRI investment options in India, provided they meet the requirements.
  • All the customers of Kotak Mahindra Bank can access their money securely from every corner of the world via internet banking & mobile banking.
  • The rules for NRI funds, which are hosted in India, are determined under FEMA and the Reserve Bank of India (RBI).
  • To comply with the UK's tax laws, if you are a UK resident paying taxes in the UK, then the interest or any other income derived from an Indian fund may have to be declared in the UK.

Conclusion

Those NRIs settled in the UK can use Kotak Mahindra Bank's banking services conveniently. The bank provides digital banking services and special assistance for those who would like to open an NRI account, seek information on investment plans, or are exploring the NRI investment options in India. Kotak Mahindra (UK) Ltd also maintains a London office to support its international operations, while NRI banking services are provided through Kotak Mahindra Bank in India.

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FAQs

  • 1. Am I eligible to open an NRI account of Kotak Mahindra Bank (if I stay in the UK)?

    Yes, NRIs living in the UK who are eligible can open an NRI account online, provide the necessary details and later get approval.
  • 2. What kinds of NRI accounts does Kotak Mahindra Bank offer?

    Those Non-Resident Indians (NRIs) who are eligible can take advantage of the NRE, NRO, and FCNR (B) term deposits offered by Kotak Mahindra Bank.
  • 3. Can people from the UK use Kotak Mahindra Bank services to transfer money to India?

    Yes, NRIs can also avail the Bank’s foreign remittance and Internet banking services to remit funds to eligible Kotak NRI accounts.
  • 4. Does Kotak Mahindra Bank have a UK branch?

    Kotak Mahindra (UK) Ltd has an office in London. But it is not a retail banking branch and does not provide over-the-counter banking services.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

*Past 10 Year annualised returns as on 01-09-2026
*All savings plans are provided by the insurer as per the IRDAI approved insurance plan. Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
^Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

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