Kotak Mahindra Bank's Kotak 811 Zero Balance Account is a fully digital account that you can open in just 5 minutes. It doesn’t require any minimum balance, making it perfect for anyone who wants easy and hassle-free banking. It comes in 4 different variants and offers an interest rate of up to 4.00% per year. Launched after the demonetization move on 8th November, the goal of Kotak 811 was to support India’s move toward a cashless economy.
| Kotak 811Lite | This is a basic digital savings account with no minimum balance requirement. It does not offer physical or virtual debit cards and is valid for one year from the date of opening. You can upgrade to Kotak 811 Edge anytime. |
| Kotak 811 Limited KYC | This account also requires no minimum balance and remains valid for one year from the account opening date. Cheque books are available on request but are chargeable. |
| Kotak 811 Full KYC Account | No minimum balance is needed. To complete KYC, you must submit FATCA declarations and supporting documents. This account is suited for users who prefer unlimited transactions and the features of a regular savings account. A cheque book can be requested. |
| Kotak 811 EDGE | This is a full-featured digital account that requires an average monthly balance of ₹10,000. It offers unlimited free access to Kotak Bank ATMs, 25 free . |
There are several benefits of the Kotak 811 Zero Balance Savings Account.
To open a Kotak 811 Mahindra Bank savings account, Mandatory documents are
Current Interest Rates for Kotak 811 savings account:
Kotak 811 offers two type of debit cards-virtual and physical for the convenience of users. It can be used for shopping online, dining out, or traveling.
This account can be opened online within just a few minutes by using only your PAN and Aadhaar and video KYC by sitting at your home.
Click to know complete step by step guide to open kotak 811 saving account online.
Kotak 811 app is specifically designed for Kotak 811 Zero Balance Savings Account. The app comes with an intuitive design and powerful features. Everything you need to master the Kotak 811 application
Click for complete guide to use kotak 811 mobile application.
| Contact Number | Availability | Purpose |
|---|---|---|
| 1860 266 0811 | TMonday to Saturday, 9:30 a.m. to 6:30 p.m. . | All 811-related queries |
| 1800 209 0000 | 24x7. | Fraud and unauthorized transaction assistance |