Upto 1 Lakh, you will get interest rate of 5 %
Above 1 Lakh and upto 1 Crores the applicable interest rate would be 6 %
Above 1 Crores, the applicable interest rate would be 5.5 %
With high interest rate of upto 6 % per annum and zero balance facility. Allows you to transfer money online for free i.e. NEFT, IMPS and RTGS. Virtual Visa Debit Card gives you the power to shop online and pay via Scan and pay facility at merchant outlets.
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.
Use of Aadhaar is voluntary to start banking with Kotak 811 instantly.
Prefer not to use Aadhaar? That works too, just drop by to the nearest Kotak Mahindra Bank branch to open your Bank account.
Contact Number: 1860 266 0811 (Monday to Saturday between 9:30 am to 6:30 pm)