Kotak 811 is a digital zero balance savings account that you can open online. The online savings account opening process is seamless, zero-contact and barely takes a few minutes. Just keep your PAN card & Aadhaar number handy and complete a few steps to open the instant savings account from the comfort of your home or office.
Following are the rates applicable for Kotak Mahindra Bank Savings Account ( w.e.f. Jun 14, 2019 Above 1 Lakh and up to 1 Crores the interest rate applicable is 6%. p.a Up to 1 Lakh, the interest rate applicable is 4% p.a.
- Sms MMID space last 4 digits of your account number to You will receive an sms carrying your 7-digit MMID for this bank account, e.g., 9229134. You can similarly generate MMIDs for all other accounts that you may have with us.
- Form 49A is the application form for the allotment of Permanent Account Number for Indian residents. Any individual who is a resident of India and wishes to apply for PAN should compulsorily fill the form 49A as it is the application form.
Kotak Mahindra Bank Open Account
Kotak 811 is a zero balance saving account. This means that you don’t have to pay any penalties for not maintaining a minimum balance. In fact, you don’t have to maintain an average balance. However, if you do maintain a balance, you can earn higher than average interest on your savings and explore Fixed Deposits and other investment offers with us.
Kotak 811 is one of the best online savings bank account in India. Your 811 savings bank account is protected by the latest technology and you can open a savings account without any worry.
So, what are you waiting for? Open an online savings account with Kotak 811 and start banking with the best bank for savings account in India.
Kotak Bank Interest Rate
*Disclaimer
Kotak Mahindra Interest Rate
Scan and Pay through your Kotak Mobile Banking App at select in-store outlets.