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Kotak Mahindra Bank´s Classic Savings Account is an account packed with powerful features to provide you a superior banking experience at a very comfortable balance requirement. We provide you a relationship manager who will specifically take care of your banking and investment needs.
Try the benefits of this account and you will never want to bank elsewhere!
Features & Benefits
Unlimited Access
Access your bank account at over 35,000 VISA
and Cashnet ATMs in India and over 388,000 Merchant Establishments
which accepts VISA credit/debit cards in India.
Multiple access channels
Access your account through your phone, mobile phone or Internet to get information on your account balance or track your transactions. You can even transfer funds through Phone Banking or Net Banking.
Investment account
You can open an Investment Account, and use
the Net Banking facility to purchase/redeem MFs online while directly
debiting/crediting your Bank Account. Besides this you get a consolidated
view of all your MF investments across schemes with updated returns
status, latest NAV information and research reports.
Financial payments facilitated through the savings account
Use our free Kotak Payment Gateway to make online payments for utility bills, credit cards, online trading of shares or even online shopping.
Quick and easy funds transfer
Quick funds transfer to a third party account with another Bank is available across 15 locations through Net Banking. You also get a multi-city cheque book so that money from account is received by the beneficiary in the fastest possible time.
ActivMoney Earn better returns
in your savings account, with our ActivMoney facility that
automatically sweeps out idle funds, above a threshold, from
your account into Term Deposits. These Term Deposits sweep
back into your account to meet fund requirements when your
withdrawals exceed the balance available in your account,
thereby providing you maximum liquidity.
Dedicated relationship manager
You get a one point contact for all your banking related queries and transactions. Your relationship manager will also help you with financial planning and sound investment decisions.
Free banking transactions
You can issue demand drafts or send cheques for collection at all our branches for no extra charge.
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