Kotak Mahindra Bank Zero Balance Account Opening Online | How to open Kotak 811 Zero Balance Account | How to Open Kotak Bank Account Online
Zero Balance Accounts have some exciting features like zero average monthly balance, no first time deposit and many others. We have already discussed about various zero balance accounts in this blog. In today’s post we are going to discuss about Kotak Mahindra Zero Balance Account.
Kotak Mahindra’s 811 Zero Balance Account?
Kotak Mahindra, one of the largest private banks in India provides to hold a bank account in which there is no requirement of maintaining average monthly balance.
Features of Kotak 811 Zero Balance Account | Kotak 811 Zero Balance Account Benefits
There are numerous benefits of having a 811 account in Kotak Mahindra Bank. These are stated below –
- No requirement Minimum Balance: – Kotak 811 is a zero balance saving account. Hence, there are no fees or penalty on non-maintenance of minimum balance.
- Free Virtual Debit Card: – With 811 account, customers will get a Virtual Debit Card instantly and the card may be used for online purchasing.
- Money Transfer: – You can transfer money online for free and with ease from your 811 digital savings account.
- Everything in one place: With 811 Zero Balance Account, all your banking solutions can be availed at one place through 811 Digital Account application.
- Security: – The app is secure with two-factor authentication and has an easy interface.
- Credit Card at Free of Cost: – With Kotak 811 account, you can apply for 811 #DreamDifferent Credit Card without any paperwork or joining & annual Fee. You will get 2X reward points on online spends!
- Open digital account online without with ease: – The Kotak 811 zero balance account can be opened from your home via online with easy to follow steps.
Kotak Zero Balance Account Interest Rate
- At present, Kotak Mahindra Bank is providing the interest rate of 3.50% per annum in their savings account.
Kotak Zero Balance Account Limit | Kotak 811 ATM Withdrawal Limit Per Day | Kotak 811 Account Charges
- Branch Transaction – 1 free transaction of upto Rs 10,000 per month (for both cash deposit & withdrawal** separately)
- ATM Transaction – 5 Free monthly (Kotak Bank ATM & Other Domestic Bank ATMs^ each)
- Debit Card Charge – Rs. 199 per annum
Kotak 811 Full KYC Account
Documents required to open Kotak 811 Zero Balance Account
- PAN Card
- Aadhaar Card
How to open Kotak 811 Zero Balance Account
To open Kotak 811 Zero Balance account, follow the instructions below.
- Step 1 – Click here
- Step 2 – Enter your Full Name, Mobile Number, & Email ID, and check the right option.
- Step 3 – Click on ‘Open Now’ button.
- Step 4 – Fill up basic details about yourself.
After completing all the steps, your Kotak 811 KYC account will be created.
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Also Read: –
Equitas Small Finance Bank Zero Balance Savings Account – Benefits, How to Open Account