811 Edge

1860 266 2666

Local call rates apply

Kotak Bank’s 811 Edge is a full service digital banking ecosystem on mobile that has been designed around the idea of simplicity and ease of use. Customers can earn up to 6%* p.a. on their savings account balances. 811 Edge offers a completely digital and paperless account opening experience by maintaining an average monthly balance of Rs 10,000!

  • Instant savings account opening with Aadhaar details
  • Average Monthly Balance (AMB) of Rs. 10,000/-
  • Earn Up to 6%* interest p.a. on your saving account balance
  • Free Online transfers (NEFT, RTGS, IMPS) - To help you Go Cashless!
  • Get Platinum Chip Debit Card for only Rs. 150/-Per annum.
  • Pay for instore purchase using Scan & Pay
  • Free IMPS/NEFT using Net banking and Mobile banking
  • App in app features using mStore. Shop, book movie and flight tickets without downloading other apps
    • Shop online using Flipkart
    • Book travel tickets using goibibo
    • Book movie tickets with PVR

Disclaimers:

Customers who have opened JifiSaver will now enjoy Kotak 811Edge.

*Earn 6% p.a. interest on savings account balance over Rs. 1 Lakh and up to Rs 5 crs. Earn 5% interest on savings account balance up to Rs. 1 lakh and 5.5% p.a. interest on savings account balance above Rs. 5 crs. Applicable for Resident Accounts only. Interest rates are subject to change from time to time. Please visit www.kotak.com for the latest information on interest rates.


 

To apply for Kotak 811 account you need to be :

  • Individual of age 18 years and above
  • Resident Indian

To apply for Kotak 811 account you need to be :

  • Aadhaar card
  • PAN card

Expand All

What is Kotak 811?

Kotak 811 is a new age bank account offered by Kotak Mahindra Bank. You can open a Kotak 811 account by downloading the Kotak Mobile Banking app and registering using your Aadhaar number, PAN and other basic details. You can set up a mobile banking PIN and start using your account immediately.

What are the features of Kotak 811?

Kotak 811 pays interest of up to 6%* p.a. with zero minimum balance requirement. It allows you to make online money transfers for free (IMPS, NEFT and RTGS) and comes with a Virtual Visa Debit Card which you can use to shop online as well as pay via Scan and pay at merchant outlets.

*Earn up to 6% p.a. interest on savings account balance over Rs. 1 lakh and up to Rs. 5 crores. Earn 5% p.a. interest on savings account balance up to Rs. 1 lakh and 5.5% p.a. interest on savings account balance above Rs 5crores. Applicable for Resident Accounts only.

How do I open a Kotak 811 account?

Just visit the playstore from your Android phone and download the Kotak Mobile banking App. Once installed, click on 'Get started Now' to start the New Account opening journey. You need to keep your Aadhaar & PAN handy while opening the account. Once complete, your Account number & CRN will be generated instantly and you can start using your Account.

Am I eligible to apply for Kotak 811?

You need to be more than 18 years of age, and a resident of India with an Indian address to be eligible to apply for a Kotak 811 account. To apply for Kotak 811, you will need to have your PAN and Aadhaar Number handy. Kotak 811 is available for individuals who do not have any existing relationship with Kotak Mahindra Bank.

What can I do once my Kotak 811 account is opened?

Once your account is opened, you can just login to our Mobile Banking App and start using it. It is packed with features like shopping, paying bills, booking movie tickets, booking air or train or bus tickets, or doing funds transfers in a snap, Kotak 811 brings you convenience at your fingertips.

How can I deposit money into my Kotak 811 account?

You can deposit money into your 811 account via a payment gateway using your Debit Card or Net Banking or just do funds transfer from your another account through NEFT or IMPS. You can also do a cash deposit in this account by visiting the nearest Kotak Mahindra Bank branch.

How much money can I deposit in this Account?

The maximum amount you can keep in this account at any given point of time is Rs 1Lakh. You can credit a maximum of Rs 2Lakhs in this account and post which you will need to convert to Full KYC account. The validity of this account will be 1 year, within which you will need to convert this account to a Full KYC Account.  This is a quick and easy process and we will help you through it. Converting to a full KYC account will also remove the transaction limits from your account.

How can I convert my account to Full KYC Account?

You can fix up an appointment with our bank representative and convert your account to Full KYC Account. Full KYC requires in-person verification and your account will be converted to Full KYC within minutes.

You can either book an appointment through Mobile Banking App or Call our customer care on 1860 266 2666* and schedule your appointment or you can visit nearest Kotak Mahindra Branch to convert your account. One of our executives will simply authenticate your Aadhaar details using a biometric device, and you'll be all set in under 5 minutes.

*Local charges apply

What is a Virtual Debit Card? How do I use it?

Kotak 811 brings you a Virtual Debit Card inside your Mobile Banking App. You can use it to shop online, pay bills, do recharges or use 'Scan & pay' to pay across lakhs of merchants across the country. If you need to check your card details - card number, expiry date and cvv - it's easy,  just log in to your Mobile Banking app after opening your Kotak 811 account.

I'd like to have a physical Debit Card as well. Can I apply for one?

Yes, you can. You can request one once your Kotak 811 account is opened. You can select the option to receive physical Debit Card in the account opening journey. You can also request one at a later date, via our Mobile Banking app. (Physical Debit card will be charged at Rs 299 p.a.)

What is Kotak 811 Edge account and how do I apply for it?

Kotak 811 Edge is a savings account which brings you the best of Kotak 811 and our regular accounts. This account requires a minimum balance of Rs.10,000. This account comes with Platinum Chip Debit Card, high Free transaction limits, Free transactions on all Kotak ATMs and many more perks. You can either choose this account while going for Full KYC, if you have already opened Kotak811 account or you can directly apply for the same on our website www.kotak.com.

What is Kotak 811 Lite?

Not registered your mobile number with your Aadhaar number? Or haven't received an OTP?

Don't worry. We will create a Kotak 811 Lite account for you. You can use your 811 Lite account to try out all the features of 811. And upgrading is easy. Just schedule an appointment so one of our representatives can visit you to verify your KYC details. You'll be up and running in no time!

We've done everything we can to let you transact on your mobile, totally cash-free. We hope you enjoy the experience.

Aggregate of all credit in this account should not exceed Rs.20,000/- every month and the maximum amount you can keep in this account at any given point of time is Rs 20,000. The validity of this account will be 3 year, within which you will need to convert this account to a Full KYC Account.  This is a quick and easy process and we will help you through it. Converting to a full KYC account will also remove the transaction limits from your account.

Could you explain the verification process to me?

Our customer executive will ask you to verify your credentials by checking your fingerprints on a biometric device. We'll need just a couple more details from you, and your final consent to release your details through biometric authentication

Once this has been done, your account will be upgraded to a full KYC account.

Do I need to carry my Aadhaar card, PAN card or any other documents if I choose to visit branch to convert my account?

We aim to keep our process paper-free by using fingerprint-based authentication, and we don't really require you to show us any documents.

However, we'd recommend that you carry your Aadhaar and PAN cards in case your finger print verification fails or you don't remember your correct Aadhaar or PAN numbers.

Can I hold my account jointly with another applicant?

Unfortunately, the Kotak 811 account is intended for a single user only, and cannot be held jointly.

Is my information secure?

The security of your personal information and your online banking transactions are of utmost importance to Kotak Mahindra Bank. We maintain strict security standards, including Internal Systems Encryption and Firewalls, to prevent unauthorized access to your information.

I do not have a PAN. Can I still apply for a Kotak 811 account?

Unfortunately, we need your PAN to open your 811 account. If you don't have one, please visit www.apply.kotak.com to open your kotak 811 Edge account and one of our customer executives will contact you. Since you don't have a PAN, you will need to fill Form 60 and submit it with your application.

I do not have an Aadhaar number. Can I still apply for a Kotak 811 account?

Unfortunately, we need your Aadhaar number to open your 811 account via our app. If you don't have one, please visit www.apply.kotak.com to open your kotak 811 Edge account and one of our customer executives will contact you.

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