ACE Current Account

Key Features

  • Dedicated Relationship Manager
  • Free Demand Drafts and Outward RTGS Transactions
  • Free At-par Cheques
  • Free Cheque Pick - up Services
  • Better Forex rates & Efficient Trade Services

You need a well equipped bank account to keep pace with you in the ever changing business scenario. We offer you the Kotak Ace Current Account, armed with Business benefits and exclusive Ace Privileges and an entire gamut of banking conveniences especially designed for you. The feature rich Kotak Ace Account is the ideal way to make your money work harder.

Features & Benefits

Dedicated Relationship Manager At Kotak we understand that your needs are unique and hence we provide you with a dedicated Relationship Manager who will be your single point contact at the bank. He/She will ensure that your requirements are prioritized and will also provide you valuable advice regarding smart money management

Multi City Banking Your current account/s with Kotak Mahindra Bank will be recognized in every other branch. You can just walk into a Kotak Mahindra Bank branch in any of our branches across country to satisfy all your banking needs.

ActivMoney Term Deposit linked Current Account, Kotak ActivMoney ensures that your money never stops working for you. Daily balances, above a threshold level, in your Current Account are automatically swept out into Term Deposits (TD). This 'swept out amount' is brought back into your account to meet fund requirements when your withdrawals exceed the balance available in the account (or when the account balance goes below the specified threshold level.) With Kotak ActivMoney you enjoy the twin advantages of attractive returns & maximum liquidity.

Free Demand Drafts and Outward RTGS Transactions Enjoy the benefit of our free RTGS and Demand Drafts, payable at any location in India, up to a combined limit Rs 30 lakh per month. For branch location we offer you a combined 100 free demand draft and Outward RTGS Transactions per month.

Free At-par Cheques Get free At-par Cheques that are treated as 'local clearing' cheques across all our branch locations. You will save on DD charges while enjoying the convenience of a cheque!

Free Cheque Collection All Outstation cheques, drawn on any of our branch locations, are collected 'free of charge' for you. Our strong network of correspondent banks enables us to collect cheques from 1600 locations across India at faster speed and minimal cost

Electronic Fund Transfer Smoothen your business transactions with NEFT Facility that lets you electronically transfer funds across banks pan India. Unlike EFT this facility is not restricted to only RBI centers. You can also avail an RTGS facility whereby you can transfer funds to your party account.

Free Cheque Pick - up Services This service enables you to have cheques and documents picked up from your doorstep on a daily basis, free of charge, at a time convenient to you.

Free Business Debit Card with Free access at all Visa ATMs You can use your Kotak Mahindra Bank Global Debit Card to withdraw cash from any Visa ATM across India-free of cost. You can use the card to debit your current account for all business related expenses

Mobile Banking and Alerts Our Mobile Banking & Alerts service enables you to access your bank account on your Mobile Phone. You can access all your standing instructions (SI), any large credits or debits, available balance, balance below AQB, any SI failure and SIs successfully executed will be intimated to you via SMS.

Home Banking Services Get your instruments (DDs, Cheques) and Cash picked up and delivered at your doorstep with our Home Banking services. This facility is available only at select locations !

Free Cash Deposit Free cash deposit, up to a pre-specified limit at any Kotak Mahindra Branch

Better Forex rates & Efficient Trade Services With Kotak Mahindra bank you will avail best foreign Exchange rates on your Inward/Outward remittances. We expertise in processing all your Export/ Import Bills with lightning-fast turn-around time and competitive rates.

24 x 7 Phone Banking Our 24Hrs Customer Contact Center offers you personalized service round the clock. Just pick up the phone and call us on at our Toll Free number 1800 116022 (North India) OR 1800 226022 (Rest of India).

SMS Banking Now go mobile with kotak’s SMS banking and enjoy banking while on move. Now you can know your account balance, last 3 transactions, request a cheque book by simply messaging the relevant code to 5676788.

Family Savings Account The Kotak Ace Current package allows you to extend the Kotak banking experience to three of your family members. The Family Savings Account comes to you with a host of benefits like 2-Way Sweep, At-par Cheque facility at a special AQB of Rs.5000/- only.

Net Banking Log on to our very convenient Net banking (www.kotak.com) to avail many online features and services as

  • View Balances and Downloading of statements
  • Online Tax Payments
  • Funds Transfer across kotak Accounts
  • Funds transfer to accounts in other banks through NEFT
  • Online RTGS Payments
  • Utility Bill payments
  • VMT for credit card payments