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Monday, April 11, 2022



Kotak Mahindra Bank is the second largest in Indian private sector bank by the request capitalisation. A many months back, the bank launched its zero- contact, videotape KYC Kotak 811 Digital Bank Account. Then, I'll tell you each about Kotak 811 Savings Account (Kotak Zero Balance Saving Account). 

Kotak 811 Savings Account 

The Kotak 811 saving account is a digital savings bank regard that you can be open online right from the comfort of the your home. Kotak zero balance saving account obtainable to everyone (Resident Indian individualities only). 

You can choose between the Kotak zero balance saving account and Kotak Edge saving account grounded on the your requirements. The Kotak 811 zero balance account helps you save as a well as a grow your plutocrat with the varied investment immolations. You can be transfer finances, pay bills, and do more fluently.

Features of Kotak 811 Digital Bank Account 

1. Instant Account Opening 

No need to s visit any bank branch or leave your home. Just open the your Kotak 811 Zero Balance Account on a smartphone or through by a cybersurfer incontinently. 

2. No minimal yearly balance demand 

With zero charges onnon-maintenance of balance, you can enjoy no minimal yearly balance demand. 

3. Kotak 811 interest rate up to 4 per annum 

Kotak 811 interest rate is over to the 4 per annum on your account balance. This way your bank account earn the further plutocrat. 

4. Auto Sweep in Facility 

You can be  set a reach- heft and reach- eschewal limit and see your finances being the converted into an FD incontinently. 

5. Banking results at a single touch 

Using the 811 Mobile banking app, you can be open your investment account or book TD/ RD in a single click from. Also, enjoy many further benefits of the savings regard. 

6. Virtual Disbenefit Card 

You can be check the virtual card information within the safety of the your app. Use it for online payments like a shopping, paying bills,etc. 

7. Overlook and Pay 

You can be pay with the Overlook and Pay point for all you are shopping, pictures, groceries, and much further. 

8. Shop, Travel, and Further 

With Kotak Mobile Banking App, you can protect on Flipkart, bespeak your flight and hospices on Goibibo, or train tickets on IRCTC at the stylish rates. 

9. Free Finances Transfer 

You can convert the finances online for free using NEFT or IMPS or RTGS installation. 

10. Physical Disbenefit Card 

You can request for a physical card and get it forRs. 199 per annum. 

Kotak 811 Saving Account Variants 


Kotak 811 Variants 

1. Kotak 811 Limited KYC Account 

You can open this account with the Visage card and Aadhaar card. You will the get up to 4 per annum interest in this 811 Limited KYC account. 

2. Kotak 811 Lite Account 

You can be open this account using your Visage card only. This is a introductory position digital savings regard from the Kotak Bank. 

3. Kotak 811 Full KYC Account 

You can be open this account with the full KYC formalities and document submission at the time of a account opening. You will also get Kotak 811 interest rate of the over to 4 per annum in this 811 Full KYC account. 

4. Kotak 811 Edge Account 

This is a regular bank savings regard. And, the AMB ( Average Minimal Balance) demand is the Rs. per month in this account. 

Kotak 811 Saving Account Interest Rate 

W.e.f. December 11, 2020, Kotak 811 interest rate are as the 

1. An interest rate of3.50 sire on balance up to Rs. 1 lakh. 

2. Kotak 811 interest rate is 4 per annum on balance above the Rs. 1 lakh up toRs. 1 Crore. 

3. An interest rate of 3.50 sire on balance above the Rs. 1 Crore. 

Eligibility Criteria 

The aspirant must meet the following eligibility criteria to the open Kotak Mahindra Zero Balance Account 

1. Individual of age 18 times and over. 

2. He/ she must be a resident in Indian. 

Documentation required

To apply for the Kotak 811 zero balance account you need to the have following documents 

1. Visage Card 

2. Aadhaar Card 

How to open Kotak 811 Savings Account 

As explained over, Kotak 811 saving account is the digital zero balance savings regard that you can open online. The process of opening the account is flawless, zero- contact, and takes only a many twinkles. 

Download and install the Kotak mobile banking app. Just complete a many way to the open account online from the comfort of your home or office. Just keep the your Visage card and Aadhaar number handy for this. 

Once videotape KYC is completed, you can be use your bank account with the no restrictions on deposits or regard balances. 

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