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Kotak 811 savings account

4.3/5 from 2 reviews

About Kotak 811 savings account

Kotak Mahindra Group is one of the leading financial services company in India, Bank has around 1348 branches and 2051 ATM’s spread across 675 locations in India. Bank caters to both retail and corporate customers across urban and rural India

Debit Card

  • Card is no more plastic with Kotak 811
  • Get a virtual card and shrunk to fit in your mobile.
  • Pay bills faster with just few taps.
  • Just scan and pay for your shopping, groceries, home deliveries and more.

Interest Rate

4.0 %

Minimum Balance

0

Acc. Opening Charges

0

Debit Card Fee

INR 299

Fee And Charges Kotak 811 savings account

Savings Fee TypeCharges
Minimum Balance0
Acc. Opening Charges0

Offers & Discounts

  • 3, 6, 9, 6, 9, 12, 18 and 24 Months EMI options on FLIPKART
  • Offer Period: Valid Till 31 December 2020
  • All Kotak Mahindra Bank Limited ("Bank") Credit Cardholders ("Cardholders") have the option to purchase products from Flipkart on Equated Monthly Installment ("EMI") by using their Kotak Credit Card
USP

If your Full KYC is not done your can still keep Rs. 1 Lakh into your account and can credit Rs. 2 Lakhs maximum. But after exceeding Rs. 2 Lakhs you will have to get your Full KYC done. Don't worry it's a simple process which needs Kotak Mahindra Bank representative to meet you in-person for verification and your account will be converted into Full KYC Account in minutes. To get this done you can always fix up an appointment with bank representative and they will help you convert your account swiftly with maximum benefits.

Customer Care Number
Contact Number: 1860 266 0811 (Monday to Saturday between 9:30 am to 6:30 pm)

FAQ

Following are the features of Kotak 811:Interest rate: Earn up to 6%* interest p.a. on your savings account balanceNo Minimum Balance: Enjoy banking with no balance commitmentVirtual Debit Card: Shop online with ease using your virtual debit cardFree funds transfer: Transfer funds online for free using NEFT or IMPS or RTGSPhysical Debit card: Request a physical card through Net-banking or Mobile Banking App and get it for Rs.199+applicable GST per annum
Yes, you can open 811 lite account by providing your PAN and few other details.
Yes. Adding a nominee to your account is an essential step. In case of an unfortunate event like an accident or untimely death,the funds in your account will be transferred to your nominee quickly and easily.
Kotak 811 does not charge you any minimum balance fees, you get a virtual debit card for free and you won't be charged for any fund transfers via net banking or the app. To avail a physical debit card or a cheque book there may be additional charges.
Kotak 811 brings you a Virtual Debit Card inside your Mobile Banking App. You can use it to shop online, pay bills, recharge or use ‘Scan & Pay’ at merchant outlets. 811 virtual Debit Card is given to customers who have verified their details using Aadhaar OTP.

Its Interface is good & can be easily accessible. I used to do transfer money to any account very easy and quick. There are so many features, Kotak Mahindra mobile banking also I used daily payments for Electricity bill , Shopping, mobile bill payme

Jaipur

Shristi Kushwa (Reviewed)

“ Good”

Its Interface is good & can be easily accessible. I used to do transfer money to any account very easy and quick. There are so many features, Ko Read More...

Published 31 Mar, 2020

I am using Kotak 811 banking since last 8 months. They provide most of the services with zero balance account opening and most of it's services are free easy to use app.

Indore

Mahesh Gound (Reviewed)

“ Very Good”

I am using Kotak 811 banking since last 8 months. They provide most of the services with zero balance account opening and most of it's services a Read More...

Published 21 Mar, 2020

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