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Free Virtual Debit Card
Lifetime Free Credit Card
Earn up to 7%* Interest p.a. with ActivMoney
Are you looking to open a zero balance account online? Now, open a digital savings account using Aadhaar and PAN Card along with other details.
Kotak811 is a zero balance digital savings account that can be opened online by everyone (Resident Indian individuals only). Kotak811 Digital Savings Account lets you apply for a Zero Balance Savings Account online or an 811 Edge Digital Savings Account based on your needs.
Apply for Zero Balance Savings account and grow your money with 7%* interest p.a. with ActivMoney. The digital savings account helps with regular banking activities like transferring funds, paying bills and more.
Get the full-fledged Kotak811 digital banking experience - with unlimited account validity and unrestricted deposits and spends. Complete the Video KYC verification of your Zero Balance Account right from your home.
Zero Balance AccountWhether you are at work, home or vacation your Kotak811 Digital Savings Account is always with you.
We hope you are aware of Kotak811 zero balance online account opening process. Apply for one of the best digital bank account online. You can open an 811 Digital Savings Account in an instant, without ever stepping out of your home.
Kotak811 is a zero balance savings account. This means that you don’t have to pay any penalties for not maintaining a minimum balance. So, what are you waiting for? Open zero balance savings account online with Kotak811 and start banking with one of the best digital bank account.
Kotak811 is a digital zero balance account that you can open online. The account opening process is seamless, and barely takes a few minutes. Just keep your PAN & Aadhaar number handy to open the online savings account from the comfort of your home or office.
Online Bank Account Opening with Zero BalanceDisclaimer: Providing Aadhaar is voluntary.
IMPORTANT: Please ensure that you complete your Full KYC within 180 days from account opening to enjoy uninterrupted services at all times. If Full KYC is not completed within 180 days from account opening, your account will be blocked from transactions. However, you would still be able to complete your Full KYC and resume banking easily. If Full KYC is not completed within 365 days from account opening, your account will expire permanently with no possibility of reactivation.
Zero balance account opening online can’t be any easier. Key in your PAN and Aadhaar details and complete the VKYC to enjoy the unlimited benefits of the Kotak811 digital savings account. Get a simplified banking experience for all your financial needs. Start saving with the trust of Kotak Mahindra Bank and the multitude of features of a Kotak811 savings account. One account is all you need to take care of savings, investments, credit cards, shopping, loans, and much more.
A savings account that behaves the way you would want it to:
Now is the time to get more done with Kotak811 zero balance account. Just don’t Bank, let your money grow.
Zero Balance Account Opening Online ->Kotak Bank Registered Address: 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051
*ActivMoney Disclaimer:
Let’s say you have a Kotak811 Savings Account and you opt for ActivMoney facility. Then the default threshold here for Edge Savings Account variant (Non Privy/Private Banking) is ₹25,000/-. If your savings account balance exceeds ₹25,000, the additional amount will be transferred to a 180-day FD, in multiples of ₹5,000*. When your savings account balance dips below the set threshold, the shortfall is automatically compensated from your FD. This way, you will pay zero penalty on premature withdrawal. While there is nil penalty on premature withdrawal as contracted tenor of FD is 180 days, very early premature withdrawal like 45 days or before at times may result in interest earnings on FD lower than savings bank account interest.
*Liquidated Dep2 for ₹25,000 and liquidated in part for ₹15,000 from Dep1 to honour the cheque of ₹40,000 as breaking of FD is done in multiples of ₹5,000. Dep2 will earn interest for 15 days at the applicable rate without penalty (on LIFO basis) as it exceeds 7 days which is minimum period required to be eligible for interest and ₹10,000 liquidated from Dep1 would earn eligible interest for 16 days. In the above scenario, due to early premature withdrawal, the interest earned on Dep 1 & Dep 2 at times would be lower than savings interest.
FDs will be created and broken in multiples of ₹5,000 for new ActivMoney registrations w.e.f 5th July’23. For ActivMoney registrations before 5th July'23, Fds will continue to be made in 10,000 but will be broken in multiples of ₹5,000.
It is easy to open an online bank account in few minutes. You need to visit our website or download the App. Share some basic information. The entered details will be validated at our end. The next step is to complete your KYC online or offline. Either you can book an appointment with a bank official to complete the video KYC process from the comfort of your home or visit the nearest branch to submit the KYC documents. Online bank account opening with zero balance is quick and easy with Kotak811.
Steps to open zero balance savings account online:
A credit card issued against a fixed deposit is a secured credit card. It is ideal for people who are new to credit, or have a low CIBIL score.
In case, your credit score doesn’t match the eligibility criteria to issue an unsecured credit card, you can still get a credit card by opening a refundable fixed deposit account with us.
You earn interest on the FD account, use the credit card to avail exciting reward points & you can build your credit score
Interest on the FD account, availed credit limit is 90% of FD amount and 2x rewards on every ₹100 spent online
