Kotak Mahindra Bank-Internet Banking

Kotak Mahindra Bank is a new entrant in the banking sector. They have

implemented Internet banking that enables the bankers to reach out to a large

base of customers and provide seamless services 24x7 across all locations. This

project has enabled the bank to put in a more robust, safe and scalable internet

banking platform to meet the growing number of our customers who transact over

the Net.

An innovative offering is the in-house developed 'Webpay' for corporate

customers to transfer funds to their business partners, employee accounts, etc

by a single file upload.

It offers distinctive facilities like auto reversal, multiple authorizations

across geographic boundaries, host to host linkages as well as comprehensive

enquiries/reports. Through this Internet Banking platform, the bank also

provides online bill payment and online shopping facilities. Customers can also

transfer their funds for online trading. This is made possible through a robust;

highly parametrisable internally developed Kotak Bank Secured External Gateway.

Banking platform is based on the robust, horizontally as well as vertically

scalable IBM Web sphere & TAM (Tivoli Access Manager) architecture.



They use World Class Open J2ee technology deployed on IBM product suits (IBM Web
Seal, IBM TAM, IBM WAS). There is also provision for the one-time usable NET

Card with a 24-hour validity, which enables secure online payments as the card

is exposed to the rather unsafe Internet.