Yes, Kotak 811 savings account can be opened with zero balance. Kotak 811 provides customers with two types of accounts: Classic and Platinum. The Classic account is a zero balance account, which means you do not need to maintain a minimum balance. However, the Platinum account requires a minimum balance of Rs.10,000.
With Kotak 811, you can enjoy various features such as zero charges for non-maintenance of balance, free online fund transfer, and virtual debit card. You can also convert your Kotak 811 account into a regular savings account by completing the KYC process, which involves submitting your documents and visiting a Kotak Mahindra Bank branch for biometric verification.
Kotak 811 Digital Savings Account is available for everyone, subject to the following eligibility criteria:
If you meet these eligibility criteria, you can easily open a Kotak 811 Digital Savings Account online, which is a zero balance account that can be opened quickly and easily without any paperwork. With this account, you can enjoy features like free online fund transfers, virtual debit card, and no charges for non-maintenance of balance.
Kotak 811 savings account is a zero balance account that offers various benefits, including:
Easy account opening: Kotak 811 savings account can be opened online with just a few clicks, without visiting a bank branch or submitting any physical documents.
Overall, Kotak 811 zero balance account is a great option for those who want a hassle-free, digital savings account with various benefits and no maintenance charges.
Yes, you can open a zero balance Kotak 811 saving account online in a few easy steps. Here’s how:
Once your application is submitted and your deposit is confirmed, your account will be activated, and you can start using your Kotak 811 saving account with zero balance. You can also complete the KYC process online to upgrade your account to a full-service account.