Kotak811 Zero Balance Saving Account
Kotak 811 is a zero balance digital account which offers interest rate of up to 4%* p.a. Download the Kotak Mobile Banking App or visit Kotak811 Website to open your Kotak 811 account. Register using your Aadhaar number*, PAN and other basic details
This allows a savings account holder to earn higher interest as offered in FDs while retaining the liquidity offered by a saving account. As and when the balance in the savings or current account crosses a preset threshold, the excess amount is automatically used to open FDs for a pre-determined tenure (also called sweep-out).
Fee And Charges
4%
Rs. 0
Rs. 0
Balance Transfer
Flexible Cash Withdrawal
Banking On The Go
Biller
Debit Card
Higher Interest Rate
Keeping A Tab On Your Transactions
Secure Form Of Banking
Image Debit Card :
A onetime image fee of Rs.235 and an annual fee of Rs.299 inclusive of all taxes
Account Opening Charges :
Free
Funds Transfer :
NEFT / RTGS (Nil Charges) / IMPS (Through Internet & Mobile Banking)
Physical Debit Card Charges :
Rs.299
ATM Charges :
Financial Transactions: Rs.21
Foreign Exchange Mark-up :
Fee 3.5%
Internet Banking :
24/7 access through the Kotak 811 App