According to the Global Consumer Banking Survey 2014 by Ernst and Young, over 70% of the respondents used Internet banking and almost 50% used mobile banking versus a mere 36% who used branch banking. Banking is already online. We have internet banking, mobile banking and app based banking services. What’s new is that you can now be friends with your bank. Kotak Jifi is a new age banking advancement that has given banking a new perspective – social banking. Jifi is just like any social networking site. It’s comfortable and easy to use. The innovative minds at Kotak Mahindra have given a new face to banking where users can access bank details just a tweet away. Jifi is a zero balance current account with features that ease banking. Banking is now social. No Minimum Balance Balance-free accounts. No need to worry about the maintaining a minimum balance in the account. Social Banking Tweet based banking Once you connect your Jifi acco...
by Nikhil Parpelli