Are you looking to open a zero balance account online? Now, open a digital savings account using Aadhaar and PAN Card along with other details.
Kotak811 is a digital zero balance savings account that can be opened online by everyone (Resident Indian individuals only). Kotak811 Digital Savings Account lets you apply for a Zero Balance Savings Account online or an 811 Edge Digital Savings Account based on your needs.
Apply for Zero Balance Savings account and grow your money with up to 4% interest p.a. The digital savings account helps with regular banking activities like transferring funds, paying bills and more.
Need help? Give us a call at 1860 2660 811 (local call charges apply) or check out our FAQs & Kotak 811 Zero Balance Account Terms and Condition
Get your card number instantly with a Virtual Debit Card & start transacting & paying online.
Don’t worry about maintaining a minimum account balance.Your 811 account has zero charges for non-maintenance of balance.
Avail up to 4%* interest per annum on your account balance.
Why use cash or cards when you can scan and pay for your bills & purchases?
Experience Kotak 811 and know why it has received awards and accolades in the world of banking.
Features of Zero Balance Account
Getting a credit card is now easier and quicker. Apply for your card online without any documentation while we setup your 811 savings account.
During 811 account opening journey, give consent to check your CIBIL score and continue your account opening journey and we will check your eligibility for the card.
Basis eligibility, on the Thank you page, you can complete the credit card application by submitting your employment details.
Don’t worry, you can still get a Kotak 811#DreamDifferent credit card which is a card against Fixed deposit. You can open this account online without income proof or salary slip.
You can complete your credit card application online without any documentation. This card is against fixed deposit and you get 90% credit limit.
Why go for Credit card against fixed deposit? Get this card and use it at regular frequency and pay your dues on time. It helps you to build your CIBIL score and improve your CIBIL score. Good CIBIL score helps you get Unsecured credit card and Loans.
Enjoy the benefits of interest free cash withdrawals, rewards on all purchases, a credit limit of up to 80% of your fixed deposit amount and a free Credit Card for life – all with the Kotak 811 #DreamDifferent Credit Card.
Issuance of credit cards is at the sole discretion of Kotak Mahindra Bank Limited. All features and benefits are subject to Credit Card Terms and Conditions. Please read the Credit Card terms and conditions carefully provided on the bank website https://www.kotak.com/en.html
Kotak Bank Registered Address: 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra(East), Mumbai, Maharashtra, 400051
We hope you are aware of Kotak811 zero balance online account opening process. Apply for one of the best digital bank account online. You can open an 811 Digital Savings Account in an instant, without ever stepping out of your home.
Kotak811 is a zero balance savings account. This means that you don’t have to pay any penalties for not maintaining a minimum balance. So, what are you waiting for? Open zero balance savings account online with Kotak811 and start banking with one of the best digital bank account.
Kotak811 is a digital zero balance account that you can open online. The account opening process is seamless, and barely takes a few minutes. Just keep your PAN & Aadhaar number handy to open the online savings account from the comfort of your home or office.
Providing Aadhaar is voluntary.
Scan and Pay through your Kotak Mobile Banking App at select in-store outlets.
No need to maintain minimum balance in your account
Get up to 4%* interest per annum on your account balance
Free Virtual Debit Card and Lifetime free Credit Card (subject to eligibility)
Free digital transactions like NEFT, IMPS, UPI, Pay Your Contact, Scan & Pay
Round the clock account access through Internet and Mobile Banking
There are no minimum-balance commitments in a zero balance savings account. So, you can spend even the last rupee in your account without worrying about penalties.
You can open a digital zero balance account online from the comfort of your home. All you need is your PAN and Aadhaar number.
Earn the prevailing interest on your zero balance savings account deposits.
With your zero balance account, enjoy facilities such as debit cards, cheque books, internet banking and mobile banking.
Open a zero balance savings account instantly through Aadhaar OTP verification. Then, complete the full KYC process of your account through in-person verification within 180 days from account opening by visiting your nearest bank branch or booking an appointment.
IMPORTANT: Please ensure that you complete your Full KYC within 180 days from account opening to enjoy uninterrupted services at all times. If Full KYC is not completed within 180 days from account opening, your account will be blocked from transactions. However, you would still be able to complete your Full KYC and resume banking easily. If Full KYC is not completed within 365 days from account opening, your account will expire permanently with no possibility of reactivation.
Zero balance account opening online can’t be any easier. Key in your PAN and Aadhaar details and complete the VKYC to enjoy the unlimited benefits of the Kotak811 digital savings account. Get a simplified banking experience for all your financial needs. Start saving with the trust of Kotak Mahindra Bank and the multitude of features of a Kotak811 savings account. One account is all you need to take care of savings, investments, credit cards, shopping, loans, and much more.
A savings account that behaves the way you would want it to:
Zero maintenance charges
No hidden charges
Complimentary virtual debit card
Up to 4% interest p.a. on savings
Credit card without credit score
Free digital transactions
Shop, dine, and book tickets all at one place
Option to invest
Apply for a loan
Health and personal insurance
Now is the time to get more done with Kotak811 zero balance account. Just don’t Bank, let your money grow.
"Thanks to the Kotak 811 app, I was able to transfer money to my sister, instantly. This made my Raksha Bandhan a little special" -Nirav (Finance Assistant, Mumbai).
"For a young financial professional like me, Kotak 811 app gives me an opportunity to park my funds at up to 4% without any risk". - Prem (Investment Banker, Mumbai)
"Kotak 811 app is fast and easy to access. I requested my cheque book through this app, and I received it in less than 7 days. I was highly impressed, and it made everything approachable and accessible". - Mohak (Advertising professional, Mumbai).
average monthly balance
Your zero balance account with basic features.
average monthly balance
Enjoy the premium 811 experience with additional benefits.
|Debit card type and fees||Classic Rs 299/year (inclusive of taxes)||Platinum (₹199 p.a.)|
|Chequebook**||Chargeable||Free 25 leaves YEARLY|
|Branch Transactions||1 free transaction of upto Rs 10,000 per month (for both cash deposit & withdrawal** separately)||4 free transactions upto ₹2lakhs per month|
|Home Banking||Not Available||Available @ ₹150/visit|
|ATM withdrawals||5 Free monthly (Kotak Bank ATM & Other Domestic Bank ATMs^ each)||Free & Unlimited (Kotak Bank ATM)
5 Free monthly(Other Domestic Bank ATMs^)
* You can choose to upgrade to 811 Edge at the time of in-person Full KYC verification |** On completing Full KYC
|^Maximum of 5 transactions @ nil charges (incl. financial & non-financial) in a month with a cap of Maximum 3 transactions @ nil charges in Top 6# Cities