NON-RESIDENT INDIAN (NRI) BANKING
AT
KOTAK MAHINDRA BANK LIMITED
BY
SIDHI MEHTA
Under the guidance of
Mr. ANUP PAL
Retail Liabilities
A report submitted in Partial Fulfillment of the requirements of
MBA Program of
FACULTY OF MANAGEMENT STUDIES, MLSU, UDAIPUR
(FINANCIAL SERVICES MANAGEMENT)
(Session 2010-2012)
DECLARATION
I Sidhi Mehta, declares that the report on “NRI BANKING” is an original work done by me
And has not been submitted to any college /Institute/University in any mean possible.
SIDHI MEHTA
M.B.A (FSM)
III-SEMESTER
ACKNOWLEGDEMENT I express my sincere gratitude to Kotak Mahindra Bank Ltd. and Faculty of Management Studies, Udaipur which gave me this opportunity to carry on my Summer Internship Project.
I am greatly indebted to my project supervisor Mr. Anup Pal (Head of Department) for the constant guidance throughout the course of this work and for providing me all necessary information for my project work.
I am also thankful to Mrs.Chaitali Thakor (Assistant manager) for given me necessary information at anytime.
EXECUTIVE SUMMARY
The main objective of this project report is to find out about the how Kotak Mahindra Bank is providing services to NRI (non-resident Indian) customers through NRI Banking.
In NRI Banking. I find out that Kotak Mahindra Bank offers many products and services to the customers, who help customers to transfer money from abroad through various transfers’ modes like direct transfer, wire transfer, bank transfer, cheque transfer. Kotak Mahindra Bank has its own portal website through which customer can transfer money easily and quickly the name of that portal website is www.click2remit.com. There are different charges on transfer