Opening balance and Average Quarterly Balance (AQB)
Minimum Opening Deposit Rs. 10,000/- Rs. 25,000/- Rs. 50,000/- Rs. 1,00,000/- Rs. 2,50,000/-
Minimum Average Quarterly Balance (AQB) Required Rs. 10,000/- Rs. 25,000/- Rs. 50,000/- Rs. 1,00,000/- Rs. 2,50,000/-
Special Offer for accounts opened through www.mca.gov.in: The AQB Non-maintenance charges for the first year will be waived off tick tick tick tick tick
Suits you if you want Most economical account for small business/ enterprise An account with low balance requirement for small or medium business/enterprise An Account with a managable balance requirement, loaded with features to match the pace of your growing business Several banking benefits with a comfortable balance requirement for a medium to large business/ enterprise A premium current account with maximum benefits for large business/ enterprise
Exclusive benefits
Kotak ActivMoney - Autosweep idle balances above certain amount into Term deposits tick tick tick tick tick
Kotak Circle - Group multiple Current / Saving accounts and get flexibility to maintain minimum AQB balance in any one or more account tick tick tick tick tick
Kotak Credit Access - Unsecured Overdraft Facility for your business needs tick tick tick tick tick
Trade and Forex Services: We offer wide array of trade services to facilitate your business needs tick tick tick tick tick
Multi-city Banking tick tick tick tick tick
Open Family Savings account and enjoy waiver of AQB Non-maintenance charges - - tick tick tick
Banking benefits on your payments/ remmittances
Demand Draft - Payable at Kotak Branch locations Chargeable Upto 25 DDs are free per month Upto 50 DDs are free per month Upto 100 DDs are free per month Unlimited no. of DDs available for free
Demand Draft - Payable at Non-Kotak locations Chargeable Chargeable Chargeable Free upto Rs. 10 lacs per month Free upto Rs. 30 lacs per month
RTGS/ NEFT through Net Banking Free Free Free Free Free
RTGS/ NEFT through Branches Chargeable Chargeable Free Free Free
Anywhere Cheque Payments Free Free Free Free Free
Payable At-Par Cheque books that are treated as 'local clearing' cheques across all our branch locations Free (1st Chq Book of 25 leaves) Free (1 Chq Book of 50 leaves per month) Free (200 cheque leaves per month) Free (300 cheque leaves per month) Free
Banking benefits on your receipts/ collections
Cheque Collection - Local Free Free Free Free Free
Anywhere Cheque Collection Free (Upto 10 lacs per month) Free (Upto 25 lacs per month) Free (Upto 50 lacs per month) Free Free
Cheque Collection - Outstation at Kotak Branch locations Chargeable Free above Rs. 1 lac Free Free Free
Cheque Collection - Outstation at Non-Kotak Branch locations Chargeable Free above Rs. 1 lac Free above Rs. 1 lac Free above Rs. 1 lac Free above Rs.1 lac
Home Banking
On-call request for Cheque pick up or DD Delivery AND Cash pick-up or Delivery Chargeable Chargeable Free (Upto 8 requests per month) Free (Upto 12 requests per month) Free (Upto 15 requests per month)
Beat Service - Regular visits to your home/ office for cheque pick ups Chargeable Chargeable Free Free Free
Cash deposits and withdrawals
Cash Deposits at Home Branch Locations (City/ Town) Free up to Rs. 2 Lacs per month Free up to 5 times the previous month's Average Credit Balance or Rs. 4 Lacs whichever is higher. Free up to 5 times the previous month's Average Credit Balance or Rs. 5 Lacs whichever is higher. Free up to 5 times the previous month's Average Credit Balance or Rs. 10 Lacs whichever is higher. Free up to 8 times of previous month's Average Credit Balance or Rs. 25 Lacs whichever is higher.
Cash Deposits at Non Home Branch Locations (City/ Town) Free up to Rs. 20,000/- per month Free up to Rs. 50,000/- per month Free up to Rs. 1 Lac per month Free up to Rs. 3 Lacs per month Free up to Rs. 5 Lacs per month
Cash Withdrawal at Non Home Branch Locations (City/ Town) Free up to Rs. 10,000/- per day Free up to Rs. 25,000/- per day Free up to Rs. 50,000/- per day Free up to Rs. 1 Lac per day Free up to Rs. 2.5 Lacs per day
Cash Withdrawal at Home Branch Locations (City/ Town) Free Free Free Free Free
ATM & Debit Cards
Transactions at Kotak Bank ATMs Free Free Free Free Free
Transactions at other Bank's Visa ATMs - Domestic Chargeable Chargeable Upto 5 Free transactions Free Free
Cash Withdrawal & Balance Enquiry at other Bank's Visa ATMs - International Chargeable Chargeable Chargeable Chargeable Free
Primary Card Issuance Fee Free Free Free Free Free
Primary Card Annual Fee Chargeable Chargeable Free for the 1st year Free for the 1st year Free for the 1st year
Convenience Banking
Net Banking Free Free Free Free Free
Phone Banking Free Free Free Free Free
Mobile Banking Free Free Free Free Free
SMS Banking Free Free Free Free Free
SMS Alerts Chargeable Chargeable Chargeable Free Free