Kotak Mahindra Bank has come up with a fast-social-innovative and worry free banking for new age people. B-Bar, District Centre, Saket has witnessed the launch party of JIFI along with the same event in Mumbai and Bangaluru. Most of bloggers were in alcohol effect enjoyed this launch very much.
The JIFI Team has introduced the New Social Banking Platform very well. Some questions were asked by bloggers. Security concerns were the most asked questions. The space at B-Bar was little confined comparative to the number of bloggers.
1. No Minimum Balance is required to open an account. Its worry free banking and you can have a balance-free account. You can enjoy all the benefits of a regular account, without worrying about tracking and maintaining monthly balances. JIFI is a non-interest bearing account. It does not need any minimum balance in the account. when the balance is more than Rs.25,000, the account holder will get the rate of interest like term deposits for spare cash automatically.
2. Banking is Social Now: You can bank with Kotak using your Twitter account.Your need just a tweet for account balance, transaction history, cheque book request and many more activities.
3. Refer a Friend : If you refer JIFI to someone to sign up you will be get rewarded.
4. Loyalty Club :
- Get Social: Everytime you like or comment on Facebook, we’ll reward you with social points. The more social you are, the more points you earn!
- Make Transactions and Earn: When you make any transactions online or pay bills you will earn transaction points. Transaction point literally mean money back in your account.
- Transfer: Eyeing that really great reward voucher for months? Request a friend for points or transfer them to a friend in need. Jifi is the only loyalty program that lets you transfer your points.
- Redeem: You can redeem your reward points instantly, at your favorite shopping or dining destinations.
5. Kotak Mobile Apps : It is like that a bank always travels with you.Your Kotak Mobile Banking app lets you manage your accounts, pay your bills, transfer money and much more! You can shop and dine with exclusive Jifi offers. The Kotak Offers app provides updates on the hottest discounts, exclusively catered to your taste.6. Kotak MoneyWatch : Kotak Money Watch Keep track of your expenses. this helps in enjoying time with your friends and family. Leave tracking and managing your expenses to us. You get an instant update of your account along with detailed information on the expenses incurred.
7. Sign Up Benefits:
8. Platinum Debit Card: