Open Zero Balance Savings Account From Home at Kotak Mahindra Bank 811 Savings Account

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Get Kotak 811 Zero Balance Savings Account From Home. Virtual...More

Get Kotak 811 Zero Balance Savings Account From Home.

  • Virtual Debit Card,
  • Zero Maintenace Fees,
  • Up To 4% Interest on Savings,
  • Powerful App.

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Latest Kotak Mahindra Bank Coupons, Offers & Promo Codes

CATEGORYKOTAK BANK COUPONS & PROMO CODE
Kotak 811 Savings AccountUp To 4% Interest Rates
Aadhaar KYCOpen Account Using Aadhaar KYC

Learn More About Kotak Mahindra Bank

Kotak Mahindra Bank Limited is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. As of February 2021, it is the third-largest Indian private sector bank by market capitalization, with 1600 branches & 2519 ATMs.

Benefits of Kotak Bank Account

  • Up To 4% Interest on Savings Account.
  • Free Virtual Debit Card.
  • 24*7 Fund Transfer.
  • 1 Tap customer support.
  • 3 in 1 Account

Documents Required to Open Kotak Bank Account

To open an account online you will need the following set of documents

  • PAN Card
  • Aadhaar Card
  • Signature (on a blank paper)
  • Email ID
  • Phone Number

Who can open Kotak Bank Account?

Resident Indian individuals who are 18 years and over and do not have an existing Kotak Bank account.

How to Open Kotak Bank Savings Account Online?

Kotak Bank account can be opened from home in few steps

  • Click on GET DEAL or GET COUPON from the above-listed coupons.
  • Enter Mobile, Email & Phone Number.
  • Put some basic details about yourself.
  • Complete Video KYC / Aadhaar KYC.
  • Add fund to your account and continue.

What is the interest rate in Kotak Bank?

Kotak Mahindra Bank Savings Account Interest Rates are as follows

Savings Bank A/c
NatureRate of Interest
NormalSenior Citizen
A. Domestic (W.e.f. Dec 11, 2020)3.50% p.a.* on balance up to Rs. 1 lakh,
4% p.a.* on balance above Rs. 1 lakh upto Rs. 1 Crore,
3.50% p.a.* on balance above 1 Crore
3.50% p.a.* on balance up to Rs. 1 lakh,
4% p.a.* on balance above Rs. 1 lakh upto Rs. 1 Crore,
3.50% p.a.* on balance above 1 Crore
B. Basic Savings Bank Deposit Account/Small Account (W.e.f. Dec 11, 2020)3.50% p.a.* on balance up to Rs. 1 lakh,
4% p.a.* on balance above Rs. 1 lakh upto Rs. 1 Crore,
3.50% p.a.* on balance above 1 Crore
3.50% p.a.* on balance up to Rs. 1 lakh,
4% p.a.* on balance above Rs. 1 lakh upto Rs. 1 Crore,
3.50% p.a.* on balance above 1 Crore
C. Non Resident (NRE/NRO)3.50% p.a.3.50% p.a.

Kotak Mahindra Bank Fixed Deposit (FD) Interest Rates are as follows

INTEREST RATES FOR Domestic / NRO / NRE FIXED DEPOSITS effective from 26th April 2021. (Rates are subject to change from time to time)
RegularSenior Citizen*
Maturity Periods – Premature Withdrawal AllowedLess than Rs.2 Crore#Annualised YieldLess than Rs.2 Crore#Annualised Yield
7 – 14 Days2.50%2.50%3.00%3.00%
15 – 30 Days2.50%2.50%3.00%3.00%
31 – 45 Days2.75%2.75%3.25%3.25%
46 – 90 Days2.75%2.75%3.25%3.25%
91 – 120 Days3.00%3.00%3.50%3.50%
121 – 179 days3.25%3.25%3.75%3.75%
180 Days4.40%4.40%4.90%4.90%
181 Days to 269 Days4.40%4.45%4.90%4.96%
270 Days4.40%4.45%4.90%4.96%
271 Days to 363 Days4.40%4.45%4.90%4.96%
364 Days4.40%4.45%4.90%4.96%
365 Days to 389 Days4.50%4.58%5.00%5.09%
390 Days (12 months 25 days)4.80%4.89%5.30%5.41%
391 Days – Less than 23 Months4.80%4.89%5.30%5.41%
23 Months5.00%5.09%5.50%5.61%
23 months 1 Day- less than 2 years5.00%5.09%5.50%5.61%
2 years- less than 3 years5.00%5.09%5.50%5.61%
3 years and above but less than 4 years5.10%5.20%5.60%5.72%
4 years and above but less than 5 years5.25%5.35%5.75%5.88%
5 years and above upto and inclusive of 10 years5.30%5.41%5.80%5.93%

Kotak Mahindra Bank Coupon, Offers & Promo Codes at CouponRani

You will find some of the best Kotak Bank offers and Kotak Bank coupons on CouponRani. You will get discount coupons, and codes that are always verified for authenticity which can be used by you at Kotak Mahindra Bank.

Kotak Mahindra Bank Contact Details

  • Kotak 811 related calls 1860 266 0811 between 9.30 am to 6.30 pm (Monday to Saturday excluding holidays)
  • Kotak Mahindra Bank and Credit Card related:  1860 266 2666* (Operational 24*7).
  • Loan-related call 1860 266 2666 between 9.00 am to 6.00 pm (Monday to Saturday excluding holidays)
  • Fraud or any unauthorized transaction in your Account / Credit Card: 1800 209 0000 (Operational 24*7)