A savings account is a type of bank account where you can deposit and store your money while earning interest on the balance. It provides a safe and convenient way to save money for future needs or financial goals.

What is a Savings Account?

Enjoy the convenience of 24/7 access to your account, competitive interest rates, and no minimum balance requirements. Manage your finances efficiently with a user friendly Kotak 811 mobile banking app and avail of various banking services from the comfort of your home.

Why to apply for Kotak811 Savings Account?

Different types of savings accounts cater to specific needs such as regular savings accounts, high-interest savings accounts, children's savings accounts, and senior citizens' savings accounts. Each account type may offer unique features and benefits to suit different financial goals and requirements.

What are the different types of savings account?

You are eligible for free digital savings bank account if you meet all of the below requirements:<ol><li>You are 18 years of age or above</li><li>You have a valid Aadhaar and PAN card</li><li>You are a resident of India with an Indian address</li><li>You have not been an old customer or are an existing customer of Kotak Mahindra Bank</li></ol>Apply for 811 digital savings bank account, <a href="https://www.kotak811.com/open-zero-balance-savings-account">click here</a>.Submission of Aadhaar is completely voluntary.

Who can apply for a 811 digital savings account?

Kotak811 savings account is a <a href="https://www.kotak811.com/open-zero-balance-savings-account">zero balance account</a>. Hence, you do not have to maintain a minimum balance. However, <a href="https://www.kotak811.com/savings-account/811-edge-savings-account">811 Edge Savings Account</a> requires you to maintain a minimum Average Monthly Balance of ₹10,000

What will be the fees & charges on 811 digital savings account?

Aadhaar card is mandatory to <a href="https://www.kotak811.com/open-zero-balance-savings-account">open a free digital savings bank account.</a>

I do not have an Aadhaar number. Can I still apply for a free digital savings bank account?

Kotak Bank’s 811 Edge is a full service digital banking ecosystem on mobile that has been designed around the idea of simplicity and ease of use.Customers can earn up to 4%* p.a. on their savings account balances.811 Edge offers a completely digital and paperless account opening experience by maintaining an average monthly balance of Rs. 10,000!

What is a Kotak811 Edge Savings Account

<ul><li style="margin-left:0px;">Instant savings account opening with Aadhaar details</li><li style="margin-left:0px;">Average Monthly Balance (AMB) of Rs. 10,000/-</li><li style="margin-left:0px;">Earn up to 4%* interest p.a. on your saving account balance</li><li style="margin-left:0px;">Free Online transfers (NEFT, RTGS, IMPS) - To help you Go Cashless!</li><li style="margin-left:0px;">Get Platinum Chip Debit Card for only Rs. 199/-Per annum.</li></ul>

What are the key features of Kotak811 Edge Savings Account

You are eligible for a Kotak811 Edge account if you meet all of the below requirements:1) You are 18 years of age or above 2) You have a valid Aadhar &amp; PAN card&nbsp; 3) You are resident of India with an Indian address 4) You have not been an old customer or are an existing customer of Kotak Mahindra Bank<a href="https://www.kotak811.com/open-zero-balance-savings-account">Open bank account online</a> with the new Video KYC zero contact processSubmission of Aadhaar is completely voluntary.