Deposit & earn up to 7*% interest p.a. on your savings
One App Bank
Make all your money moves on the Kotak811 App
Zero Balance Account
Save as you wish, with no minimum balance restriction
How does ActivMoney work?
- First, you need to open a Kotak811 savings account and subscribe for ActivMoney.
- ActivMoney will be activated only when your account balance crosses the threshold of ₹25,000 (the activation threshold).
- Money from your savings account is automatically swept out to ActivMoney in multiples of ₹5,000.
- Suppose you deposit ₹ 30,000 in your account. After keeping the threshold of ₹25,000 the excess money ₹5,000 will be moved to ActivMoney.
- Money lying in your activmoney balance will earn 7*% p.a. interest and the same will be credited after 180 days.
Top 5 features of Kotak811 digital savings account:
- No need to maintain a minimum balance in your account.
- Get up to 7%* interest per annum with ActivMoney.
- Free Virtual Debit Card and Lifetime free Credit Card (subject to eligibility).
- Free digital transactions like NEFT, IMPS, UPI, Pay your contact, Scan & Pay.
- Round the clock account access through the Internet and Mobile Banking.
Benefits of 811 Zero Balance Savings Account with Unlimited Features
Get the full-fledged award-winning 811 experience - with unlimited account validity and unrestricted deposits and spends. Complete your KYC verification of your Zero Balance Savings Account right from your home
- Minimum Balance: As it is a zero balance saving account, there are no charges or fine for non-maintenance of the minimum balance. Now, spend your balance to the last rupee without any worry.
- Virtual Debit Card: Get a Virtual Debit Card instantly for online shopping.
- Transfer Money: Transfer money online for free and with ease from your 811 digital savings account.
- New Age Banking: Find all your banking solutions for your new zero balance account in one single touch. Get 180 + features that let you carry out your banking transactions, pay bills, invest, shop and do much more with just a few taps. The app is secure with two-factor authentication and has an easy interface.
- Open a digital account online without any restrictions: Complete your verification through Video KYC and open a digital savings account without any restrictions.
Kotak Bank Registered Address:
27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051