Features & Benefits - Kotak Edge Salary Account

You need a savings avenue that makes the most of your hard-earned money. We offer you the Kotak Edge Salary Account, armed with Kotak ActivMoney and our entire gamut of Banking Privileges. The feature rich Kotak Edge Salary Account is the ideal way to make your money work harder.

ActivMoney
Your Kotak Edge Salary Account combines liquidity of a Savings Account with the attractive returns of a Term Deposit through the unique Kotak ActivMoney benefit.

Kotak Advantages
Experience the 'edge' while banking through a host of advantages offered by your Kotak Edge Savings account.

• Free At-par Cheques

Kotak Mahindra Bank's At-par cheques are treated as 'local clearing' cheques across select locations in the country. The At-par Cheque facility comes to you 'free' of charge. You can now save DD making charges while enjoying the convenience of a cheque!

• Free Cheque Collection

Outstation cheques, drawn on any of our branch locations, would be collected 'free of charge' for you. Only a nominal charge is levied for non-branch locations.

• Free Electronic Fund Transfer

Transfer funds to third party accounts in other banks, without drawing a Demand Draft or a cheque, by using our Electronic Fund Transfer facility. With this facility you can save on Demand Draft making/couriering charges and also transfer funds faster!

• Free Demand Drafts

Avail Demand Drafts, free of cost, payable at any location in India, up to a pre-specified limit, just by calling our Phone Banking Service.

Edge Privileges
Your Edge account has been designed with exclusive benefits that give an extra fillip to your banking experience.

• Free Demat Account

As an Edge Salary customer, you can also open a Demat Account with us 'free' of any account opening charge.

• Reimbursement Current Account*

As Salary account holders employees can also opt for a Reimbursement account which helps you to manage the official reimbursements, petty cash etc., and this facility specifically will help you eliminate cash handling related to petty expenses.

*Conditions Apply

Your savings account will be provided a link to your online trading account with Kotak securities to enable your to transfer funds from your bank account to your account with KS and vice versa". And with our Payment Gateway facility you can even pay your trading bills online from your bank account directly!

Convenience Banking
Just log on to www.kotak.com to access our Net Banking facility. Take advantage of the Internet to bank from home, office or anywhere in the world at a time of your convenience

• 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.

• Phone Banking

Dial our 24 hour Toll Free number 1800 102 6022 pan India from anywhere and our customer Care Officer will help you instantly with your banking requirements.

• Net Banking

Just log on to www.kotak.com to access our Net Banking facility. Take advantage of the Internet to bank from home, office or anywhere in the world at a time of your convenience.

• Bill pay Services

This service enables you to make your Utility Bill payments like electricity, telephone and mobile phone bills.

• Mobile Banking & Alerts

Use this service to access your bank account anywhere, anytime! It is quick and easy, available to you 24X7 and it's absolutely free! You don't have to pay any charge to avail this service. You can use Mobile Banking to check account balance, last 3 transaction details, issued cheque status and request a cheque book. You can use Alerts Service to get Alerts by SMS and / or email whenever your balance falls below the Average Quarterly Balance or a Standing Instruction set by you fails.

Features & Benefits - Kotak Ace Salary Account

You need a savings avenue that makes the most of your hard-earned money. We offer you the Kotak Edge Salary Account, armed with Kotak ActivMoney and our entire gamut of Banking Privileges. The feature rich Kotak Edge Salary Account is the ideal way to make your money work harder.

ActivMoney
Your Ace Salary account comes to you with a host of advantages that are aimed at providing you a superior Banking experience.

Kotak Advantages
Your Ace Salary account comes to you with a host of advantages that are aimed at providing you a superior Banking experience.

• Free At-par Cheques

Kotak Mahindra Bank's At-par cheques are treated as 'local clearing' cheques across select locations in the country. The At-par Cheque facility comes to you 'free' of charge. You can now save DD making charges while enjoying the convenience of a cheque!

• Free Demand Drafts

Avail Demand Drafts, free of cost, payable at any location in India, up to a pre-specified limit, just by calling our Phone Banking Service.

• Free Cheque Collection

Outstation cheques, drawn on any of our branch locations, would be collected 'free of charge' for you. Only a nominal charge is levied for non-branch locations.

• Free Electronic Fund Transfer

Transfer funds to third party accounts in other banks, without drawing a Demand Draft or a cheque, by using our Electronic Fund Transfer facility. With this facility you can save on Demand Draft making/couriering charges and also transfer funds faster!

• Bill Pay Services

This service enables you to make your Utility Bill payments like electricity, telephone and mobile phone bills.

Ace Privileges
Your Ace account has been designed with exclusive benefits that give an extra fillip to your banking experience.

• Free Demat Account

As an Ace Savings customer, you can also open a Demat Account with us 'free' of charge.

• Reimbursement Current Account*

As Salary account holders employees can also opt for a Reimbursement account which helps you to manage the official reimbursements, petty cash etc., this facility specifically will help you eliminate cash handling related to petty expenses

*Conditions Apply

• Family Savings Accounts

Your Ace account allows you to now extend the Kotak banking experience to three of your family members. The Family Savings Accounts come to you with a host of benefits like Kotak ActivMoney, At-par Cheque facility and other attractive features. So now even your dear ones can enjoy banking the 'Kotak way'!

Your savings account will be provided a link to your online trading account with Kotak securities to enable your to transfer funds from your bank account to your account with KS and vice versa". And with our Payment Gateway facility you can even pay your trading bills online from your bank account directly!

• Personal Investment Advisor

To identify and analyse your specific investment requirements we provide you a dedicated Personal Investment Advisor. This person alerts you to investment opportunities, sends you regular updates and feedback on the performance of your investments, helping you monitor, manage and grow your wealth in the ever fluid investment climate.

Convenience Banking
A host of Convenience Banking facilities allow you to access your account anytime, anywhere.

• Global Debit Card

Access your account free of cost at any VISA ATM in India or abroad using your Global Debit Card. You can use your Debit Card at all VISA affiliated merchant establishments worldwide. As an Ace Savings account holder you can gift free add-on cards to your family members too.

• Phone Banking

Dial our 24 hour Toll Free number 1800 102 6022 pan India from anywhere and our customer Care Officer will help you instantly with your banking requirements.

• Net Banking

Just log on to www.kotak.com to access our Net Banking facility. Take advantage of the Internet to bank from home, office or anywhere in the world at a time of your convenience.

• Bill pay Services

This service enables you to make your Utility Bill payments like electricity, telephone and mobile phone bills.

• Mobile Banking & Alerts

Use this service to access your bank account anywhere, anytime! It is quick and easy, available to you 24X7 and it's absolutely free! You don't have to pay any charge to avail this service. You can use Mobile Banking to check account balance, last 3 transaction details, issued cheque status and request a cheque book. You can use Alerts Service to get Alerts by SMS and / or email whenever a debit or credit above any amount specified by you happens to your account, your balance falls below the Average Quarterly Balance or a Standing Instruction set by you fails or you can even ask for your account balance to be sent to you on a daily or a weekly basis.

Eligibility

The organization needs to have a minimum of 25 employees and average salary per account of Rs. 20,000 per month.