811 ZERO BALANCE SAVINGS ACCOUNT

Debit card:

• Get relief from the plastic cards with Kotak 811.
• Benefit of vitural card compatible with your phone.
• Enjoy faster bill payment in just few steps.
• Bills paid on shopping, groceries, movies is done by just scanning.

Product features:

• Start with Zero Balance Account anytime.
• Enjoy zero charges for maintaining the balance anytime.
• Get 6% interest rate per year.
• Buy travel movies in on app only.

Offer and discounts:

• Flat 20% instant discount + additional 10% cashback on medicines with Netmeds wallet.
• Enjoy 25% discount on minimum purchase of Rs 250.
• Get up to INR 650 saving on flight tickets booked via lxigo.
• Buy 1 ticket, get 1 free every Saturday on all PVR Movies hall.

What is kotak 811 savings account

Kotak Mahindra Group stands at the second position of market capitalization and provides one place to get all the banking needs from different types of accounts, mutal funds, insurance and much more. Kotak 811 Savings Account gives you the pleasure of 6% interest rate and no limitation on maintaining the minimum balance.

Enjoy unlimited banking with zero paperwork

Get the full-fledged award-winning 811 experience with unlimited account validity and unrestricted deposits and spends. Just complete your full KYC verification right at your doorstep.

Maximum amount for kotak 811 savings account

Without KYC done, you can keep Rs 1 lakh in your savings account while Maximum Rs 2 lakh can be credited.

However, after the KYC is done, more than Rs 2 lakh balance can be maintained anytime.

How to get a 6% interest rate?

To get 5% interest rate with Kotak 811 Savings account, the balance required up to 1 Lakh while to enjoy 6% interest rate, balance between1 lakhn to 1 crore is mandatory and above 1 crore, 5.5% interest rate is applicable.