Neo Salary Account

1860 266 2666

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  • Zero balance salary account subject to monthly salary credits1
  • Earn up to 6% interest p.a. on your account balance2
  • SMS banking through Kotak Bharat Banking App
  • Transfer funds online using NEFT, RTGS for free
  • Transfer funds online 24X7 using IMPS
  • Classic Debit Card with Rs.50,000 cash withdrawal limit per day and Rs.1,50,000 shopping limit per day
  • 5 transactions free at Kotak VISA ATMs and 5 transactions free at non-Kotak ATMs in India per month
  • Maximum of 5 transactions free in a month with a cap of maximum 3 free transactions in top 6 cities#
  • Lost Card Liability Insurance of up to Rs.1,50,000
  • Purchase Protection of up to Rs.50,000
  • Get an Investment Account and redeem or purchase from over 2,200 Mutual Funds online
  • Trinity Account3 which is a 3-in1 combination of a Savings account, Demat account and Trading account
  • Preferred brokerage rates on trinity account from Kotak Securities on delivery buy or sell
  • Book Fixed Deposits and Recurring Deposits online at attractive interest rates
  • Payable at par cheque book
  • One cash withdrawal transaction free up to Rs.10,000 per month at home and non-home location
  • One cash deposit transaction free up to Rs.10,000 per month at home and non-home location
  • Demand draft at branch and non-branch location available
  • Net Banking and Mobile Banking for convenient online banking
  • Customer care officers available 24 X 7, and IVRS option for self-service
  • Instacheck, a toll free number for instant SMS alert on account balance and last 3 credit transactions
  • Utility bill payment services through Auto Pay
  • Netc@rd, a single use virtual card to ensure secure online transactions
  • Dedicated service helpdesk id
  • Payment Gateway
  • Best Compliments Card, a pre-paid card for gifting
  • Employee reimbursement account


  • 1In case salary is not credited for two consecutive months, you will be required to maintain AMB as per the product variant mentioned above failing which applicable charges will be levied. To know the AMB for your account variant please visit
  • 2Earn up to 6% p.a. interest on savings account balance over Rs 1 lakh and up to Rs 1 cr. 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 1 cr. Applicable for Resident Accounts only. Interest rates are subject to change from time to time.
  • 3Bank account is offered by Kotak Mahindra Bank Ltd., whereas Demat and Online trading accounts are offered by Kotak Securities
  • #Top 6 Cities - Transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad


This product is offered to employees drawing net take home salary of Rs.10,000/- and above. Please check if your corporate is empanelled with us for Salary2Wealth Program.

The following documents would be required to complete your account opening process, which needs to be submitted duly at your nearest Kotak Bank Branch.
  1. Account opening form (completed)
  2. Identity Proof
  3. Residence Proof
  4. Signature Proof

Acceptable KYC Documents for Resident Individuals

ISA documents for resident individuals except foreign nationals

DocumentIdentity ProofResidence ProofSignature Proof
Driving License
Valid licence
PAN Card
(also refer notes below)
Valid Photo Credit/Debit Card
Issued by any bank. Only if the Photo and Signature are printed on the front of the card.
Voter's Identity Card
(Election Card)
Ration Card (Only address proof)   
Valid ID Documents
Card with Photo issued by Govt. Org, PSU, Statutory/ Regulatory Authority, Scheduled Commercial Banks, Public Financial Institutions & Professional Bodies like ICAI, ICWAI, ICSI, Bar Council, etc. to their Members
(If photo included)
(If address included)
(If signature included)
College ID Card
Existing and validcard issued by colleges affiliated to universities.Applicable only if a/c with parent/guardian as Joint Holder
(If photo included)
(If address included)
(If signature included)
Marriage Certificate
for married women (irrespective of primary or joint or single holder) and not acceptable for husband
(If photo included)
(If address included)
(Not to be accepted as address proof of a woman if the account is held singly by her)
(If signature included)
Introductory Reference
Customer's Banker except Cooperative Bank - to be obtained by KMBL - IP cheque mandatory from the same account
(If photo verified)
(If address verified)
(If signature verified)
Utility Bill
Electricity/Telephone/Mobile/Piped Gas/Water bill/ Broadband bill not more than 3 months old
Letter from Housing Society
Only for owners with latest 2 months Maintenance bill
Registered Leave & License Agreement
For Tenants
Bank Statement
Active Account - signed & stamped or with logo / printed by Bank (internet downloads not accepted)
Bank Statement
Bank statement with watermark logo of the issuing bank without the stamp and signature of the authorised bank official, can be accepted if the bank branch address mentioned on the statement and the Self Signed Initial Payment cheque is same. Branch address on the statement preferably to be a printed one. In case of handwritten branch address, same to be signed and stamped by authorised bank official of the issuing bank.
Bank Account Passbook
Active accounts of schedule commercial banks only along with the bank seal/ stamp and signature of the bank official. (updated and not more than 3 months old)
(If photo verified by the issuing bank branch then Initial Payment mandatory from the same bank account)
(If address verified)
Sale Deed   
Self-signed Cheque or Product AQB
(in case the cheque is from a co-operative bank a six month bank statement would also be required)
Wealth/ Income/ Sales/ Service Tax Assessment Order
Not more than 6 months old
Introductory reference fromexisting Kotak Bank customer
For a No Frills Accounts, existing customer for more than 6 months - a/c conduct satisfactory & introducer knows new customer for 1 year or more
Postal Certificate  
(If photo included)
(If address included)
(If signature included)

Please note the Documents are subject to change as per RBI Guidelines

Kotak Salary2Wealth Program enables easy disbursement of salaries and offers a comprehensive product suite for employees.

Other benefits:

  • Multiple options for Salary Credit -
    • Corporate Internet Banking
    • Web based module - NET IT
    • Branch Network
  • Reimbursement Account opening along with Salary Accounts using Insta Kits
  • Single Point of Contact for below mentioned services and products:
    • New Pension System
    • Car Lease Program (offered by Kotak Mahindra Prime Ltd.)
    • ESOP Funding (offered by Kotak Mahindra Investments Ltd.)
    • Corporate Credit Cards
    • Corporate Funding
    • NR Accounts
    • Knowledge Series Workshops - on National Pension System
  • FINMALL's at Corporate Premises - Galore of financial solutions
  • PARICHAY at Corporate Premises - Customer Service initiative for your employees
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