📌 KOTAK MAHINDRA BANK 811 SAVINGS ACCOUNT – FULL DETAILS
🔴 WHAT IS KOTAK 811 SAVINGS ACCOUNT?
Kotak Mahindra Bank 811 is a Zero Balance Digital Savings Account. This account can be opened online from your mobile phone in just a few minutes. It offers almost all modern banking facilities without visiting a bank branch.
💳 ZERO BALANCE SAVINGS ACCOUNT
The biggest benefit of Kotak 811 is that there is NO minimum balance requirement. You can maintain ₹0 balance and no penalty will be charged.
📱 ONLINE ACCOUNT OPENING FACILITY
Kotak 811 account opening is 100% digital.
No bank branch visit is required.
Account gets activated quickly through Video KYC.
💠 FREE VIRTUAL DEBIT CARD
After account opening, you get a Free Virtual Debit Card which can be used for:
• Online Shopping
• Mobile Recharge
• Bill Payments
🏧 PHYSICAL ATM DEBIT CARD
If required, you can also order a Physical ATM Debit Card to:
• Withdraw cash from ATM
• Make payments at shops using POS machines
💸 UNLIMITED FREE MONEY TRANSFER
Kotak 811 allows free fund transfers:
• NEFT – Free
• RTGS – Free
• IMPS – Free
You can transfer money 24×7 to any bank in India.
📈 ATTRACTIVE INTEREST RATE
You earn attractive interest on your savings balance.
Interest is automatically credited to your account.
📲 MOBILE BANKING & NET BANKING
Using Kotak Mobile App and Net Banking, you can:
• Check balance
• Download account statement
• Transfer funds
• Control debit card settings easily
🔄 UPI PAYMENT FACILITY
Kotak 811 account can be linked with:
• Google Pay
• PhonePe
• Paytm
• BHIM
Instant UPI payments can be done anytime.
💰 CASH DEPOSIT & WITHDRAWAL
You can:
• Deposit cash at Kotak branches and ATMs
• Withdraw cash from Kotak ATMs
📝 CHEQUE BOOK FACILITY
After completing Full KYC, you will receive a Free Cheque Book.
📌 TYPES OF KOTAK 811 ACCOUNT
1️⃣ Limited KYC Account – With limited transaction limits
2️⃣ Full KYC Account – With all banking facilities
📄 REQUIRED DOCUMENTS
• Aadhaar Card
• PAN Card
• Mobile number linked with Aadhaar
👤 WHO CAN OPEN THIS ACCOUNT?
• Indian citizen
• Age 18 years or above
• Students, salaried employees, and business owners
📲 HOW TO OPEN KOTAK 811 ACCOUNT (STEP-BY-STEP)
1. Download Kotak 811 App
2. Register using mobile number
3. Enter PAN & Aadhaar details
4. Complete Video KYC
5. Account gets activated instantly
🌟 FINAL CONCLUSION
If you are looking for a Zero Balance, Digital, Secure, and Easy-to-Use Savings Account, then Kotak Mahindra Bank 811 Savings Account is an excellent choice.
