Types of 811 Savings Account

 

Index

811 Savings A/c

811 Super A/c

Monthly deposit - In a single transaction

₹0

₹5,000

Zero balance account

Annual cashback

₹0

Up to ₹6,000*

Annual Program fees

₹0

₹399

Digital Fund Transfer - NEFT/RTGS/IMPS

Free

Free

Funding during a/c opening process

₹1,000

₹5,000

Virtual Debit Card

Free

Free

Physical Debit Card

VISA Classic ₹399

VISA Platinum - Free

Daily ATM cash withdrawal

₹25,000

₹1 Lakh

Cash transaction limit

₹10,000 or
1 transaction per month

₹2 Lakhs or
4 transactions per month

Dedicated customer support

NA

Cheque book

₹5 per cheque leaf

One Free / year

Up to 6% interest p.a. with ActivMoney^

Only Aadhaar & Pan card needed

Personal accident cover

Up to ₹2 Lakhs

Up to ₹15 Lakhs

Purchase protection

Up to ₹50,000

Up to ₹1 Lakh

Air accident cover

NA

Up to ₹50 Lakhs

Lost card liability

Up to ₹2.5 Lakhs

Up to ₹3.5 Lakhs

 

Open Zero Balance Savings Account Online

 

Kotak Bank Registered Address: 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051

 

Aadhaar Disclaimer: Providing Aadhaar is voluntary. Scan and Pay through your Kotak Mobile Banking App at select in-store outlets.

 

^ActivMoney Disclaimer: ActivMoney (Auto Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your Current/Savings Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance/Sweep in threshold in Savings Account, the TD will be broken prematurely and the required amount will be transferred to Savings Account.

Default Sweep Out and Sweep In for limit for an account variant are the minimum thresholds and one will not be able to opt for limits lower than these. Auto-Sweep out of funds above a pre-specified threshold from Savings to Fixed Deposit will be for 180 days and in multiples of Rs.5,000/- The nomination registered for Saving Account will apply for FDs created through ActivMoney. If customer opts for ActivMoney in an account, standalone Fixed Deposits cannot be linked to that account. Terms and Conditions guiding the fixed deposit will be applicable to fixed deposits booked under ActivMoney.

 

Savings Account: 
 
Disclaimer for all SA communication where interest rate is mentioned is as below:
Earn 2.75% interest p.a. on all Savings Account balance. Applicable for Resident Accounts only. The interest rates are subject to change. Visit www.kotak.com for latest information on interest rates.
 

*Rewards and Cashback Terms and Conditions