ACE: 50,000
PRO: 20,000
EDGE: 10,000

This means that you do not have to maintain any minimum balance in your savings account. The balance in your account can even go down to zero on any given day. Average Quarterly Balance is calculated by dividing the sum of all End of Day balances in a financial quarter by the number of days. Thus this provides you added flexibility to use the available funds in your account.

• Above 1 lac the interest rate applicable is 6%
• Up to 1 Lac, the interest rate applicable is 5.5%

Through our service called "VISA Money Transfer". Through this service, you can transfer funds to any Debit or Credit card issued in India through Net Banking. All you need to do is log onto the Kotak website and provide the beneficiary's card number. You can then transfer funds from your account by using your Internet Log In.

You can use the Internet to:
• View account details
• Request for account statement or cheque status
• Place stop payment instructions
• Open a Term Deposit
• Transfer funds to third party accounts in other banks
• Place a request for issue of BC
• View Demat account details
• Make payments to utility service providers
• Shop online
• Online tading of shares
• Make or Redeem investments through MF on Net

You have access to a number of channels to track the transactions in your account:
• Physical account statements sent quarterly (EDGE, PRO) or monthly (ACE)
• Mini statement through the ATM
• Email and Mobile alerts
• Account balance enquiry through SMS
• View account details & transactions through Net Banking

Through this facility you can earn a much higher interest on your idle funds in the Savings Bank Account. The idle funds from your savings account (at a pre-specified threshold limit) are transferred automatically to a term Deposit or a Liquid mutual Fund. The funds move back in to the savings account in case of funds requirements.

The advantages of this facility are:
• Higher rate of interest earned
• You need NOT track idle funds regularly & give instructions to the bank to create Term Deposits out of Savings Account balances.
• Greater Flexibility & Liquidity as the funds flow back into the Savings Account if the balance in the Savings Account falls below a particular level. Hence the customer need not bother about instructing the bank for breakage of Term Deposits/Mutual Fund units in case of shortage of funds. Further there is no fear of cheque returns.