Kotak Solitaire Seeks to Empower Lucknow’s Rising Entrepreneurial Class
Kotak Mahindra Bank expands its affluent banking proposition to empower entrepreneurs in Uttar Pradesh’s growth hub
Kotak Mahindra Bank’s recently unveiled affluent banking program, Solitaire, seeks to empower Lucknow’s ambitious business leaders and redefine the benchmark for premium banking in India.
Kotak Solitaire is tailored specifically for the affluent customers whose ambition and entrepreneurial zeal is powering the growth of a new India but feel underserved by templated banking solutions that don’t serve their unique needs.
Entry to Solitaire is reserved for families with a Total Relationship Value of ₹1 crore or more across Kotak’s ecosystem of deposits, loans, investments, insurance, and demat holdings. The program combines exclusivity with tailored solutions.
Lucknow’s Entrepreneurial Surge
From Chikankari craft exporters and furniture manufacturers in Aishbagh, to packaged food entrepreneurs in Aminabad and digital-first service providers across Gomti Nagar—Lucknow is home to a new generation of self-made success stories. Kotak Solitaire is crafted to serve these ambitious entrepreneurs who are charting their growth stories beyond traditional metro hubs.
“Lucknow’s entrepreneurs are redefining the city’s identity, from heritage-driven businesses to modern enterprises with a pan-India footprint. Kotak Solitaire is our tribute to their ambition, resilience, and success,” said Pranav Mishra, President – Head of Distribution.
Customer-First Approach
Kotak’s research revealed that self-employed customers often feel underserved and expect more than traditional banking. Kotak Solitaire is built on deep insights into the entrepreneurial experience, especially in cities beyond the metros.
Self-employed customers often face fragmented banking, rigid lending structures, and a lack of recognition despite high financial engagement. Solitaire addresses these gaps with a unified banking experience, flexible credit solutions, and personalized service.
Kotak’s Solution: Key Features
- Comprehensive Business Banking Lending Solutions with LTV up to 120% of collateral value for working capital, and up to 20% ad hoc limit for 120 days/year, Complimentary Business credit Card with limit up to 30 lacs, pre-approved limits for forward hedging limits.
- Connected Banking with ERP integration, CMS with 500 free NEFT / RTGS transactions p.m. No Installation and Rentals on POS / Soundboxes with preferential MDR on POS.
- Superior variant of Current Account with no AQB requirements and free cheque pickup facility
- ₹8 Crore Pre-Approved Credit Lines – Seamless access to secured and unsecured loans, including home loans, personal loans, and credit cards.
- Family-Level Design – add-on cards with full privileges, and consolidated benefits for up to 14 family members.
- Premium Lifestyle Benefits – Unlimited lounge access (including guests), luxury hotel privileges, and zero forex markup.
- Dedicated Service Model – Dual-layered support with a Relationship Manager for financial guidance and a Service RM for operational needs.
The Bigger Picture
Affluent households in India are projected to rise to 16% by 2025, contributing 40% of consumption across categories. Kotak Solitaire positions the bank to lead this transformation, offering a unified experience that combines banking, wealth management, credit, and lifestyle privileges under one relationship.
