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ActivMoney Current Account

Discover the power of ActivMoney Current Account, a unique banking solution designed to maximise your earnings. It comes with a pre-enabled auto-sweep feature, automatically transferring your idle funds into a Fixed Deposit, ensuring your money always works for you. ActivMoney Current Account empowers you to maximise each opportunity and boost your earnings. The auto-sweep in Current Account feature gives you an opportunity to earn up to 7%* interest p.a. ActivMoney Current Account helps you unlock business growth.

Tailor-made accounts

Customised Current Account variants that come with ActivMoney^ (auto-sweep) facility enabled

Boost your business

Give your business the edge with Business Power Platinum Debit Card. Enjoy a daily purchase limit of Rs. 3 Lakh and a daily ATM cash withdrawal limit of Rs. 1.5 Lakh

Attuned to your needs

Enjoy a flexible cash deposit facility

Offers Beyond Banking

Make the most of our Offers Beyond Banking and easily manage all the nitty-gritty of your business

Please refer the General Schedule of Features and Charges (GSFC) for your Current Account (revised with effect from December 1,2022) Click here

Fees & Charges

General Schedule of Features & Charges (GSFC)
For Retail Current Accounts & Current Accounts with OD/CC facility (w.e.f. 1st April, 2023)
Particulars		Standard Charges (in Rs.)	Product Level NIL Charges Limits & Charges (in Rs.)	Product Level NIL Charges Limits & Charges (in Rs.)
Product Name			ActivMoney Premium	ActivMoney
Average Quarterly Balance (AQB) in Rs.			500000.0	250000.0
Remittances/Payments:
Demand Draft/ Banker's Cheque	Payable at Branch Locations	1/1000 (Min 50 Max 5000)	Nil Charges	NIL Charges up to 50 DD/ BC p.m.; thereafter Std Chrgs
Demand Draft/ Banker's Cheque	Payable at Non- branch Locations	2/1000 (Min 50 Max 5000)	Nil Charges	NIL Charges up to 30L p.m.; thereafter Std Chrgs
RTGS	Applicable only if done in Branch	2 - 5 L: 20/ txn; > 5 L: 40/ txn	Nil Charges	Nil Charges
NEFT**	Applicable only if done in Branch	Upto 10k: 2/txn; >10K to 2L: 4/txn; >2L: 24/txn	Nil Charges	Nil Charges
IMPS	Upto Rs. 100000: Rs.5 / txn Above Rs. 100000 : Rs. 15 / txn		Nil Charges	Nil Charges
Cheque Book	Default Cheque Book is Payable At-par Only	Upto 500 leaves/p.m. - 2/leaf; Above 500 leaves/p.m. - 3/leaf	Nil Charges	Nil Charges
Receipts/ Collections:
Out-station Cheque (Cheques drawn on non-speed clearing branches)	Drawn at Kotak Branch Locations	<10K: 50/Chq; 10K - 1L: 100/Chq; >1L: 150/Chq	NIL Charges	NIL Charges
	Drawn at Kotak Non - branch Locations	<10K: 50/Chq; 10K - 1L: 100/Chq; >1L: 150/Chq	<10K: 50/Chq; 10K - 1L: 100/Chq; >1L: 150/Chq	<10K: 50/Chq; 10K - 1L: 100/Chq; >1L: 150/Chq
Home Banking:
On Call Requests	Cash Pick-up or Delivery^	Up to 2 lacs: Rs 750/- per Req, Rs 2 Lacs to Rs 4 lacs: 1250/- per req	*	*
On Call Requests	Cheque Pick-up/DD Delivery	Rs 75/- per request	Nil charges up to 7 req per month there after Std charges	Nil charges up to 5 req per month there after Std charges
Beat Service	Cash Pickup	Up to 1L: Rs. 2.5/1000; 1.01L to 6L: Rs.1.25/1000; 6.01L to 100L: 1/1000	*	*
Beat Service	Cheque Pick-up	500 p.m.	Nil Charges	Nil Charges
Cash Deposit & Withdrawal:
Cash Deposits	At Home Branch & non Home Branch Location@	Rs. 3.5/1000 Min 50 per txn	NIL Charges upto 10 times of prev months's avg credit balance or 60L whichever is higher; thereafter Std Chrgs	NIL Charges upto 10 times of prev months's avg credit balance or 25L whichever is higher; thereafter Std Chrgs
Cash Withdrawal	For Non - home Branch Location	Rs. 2/1000 Min 50 per txn	NIL Charges upto 5L per day; thereafter std charges	NIL Charges upto 2.5L per day; thereafter std charges
Automated Teller Machine (ATM): Kotak ATM Txn - Nil Charges
Other Bank's VISA ATMs - Domestic	Non Financial Txn	8.50 per txn	Nil Charges	Nil Charges
Other Bank's VISA ATMs - Domestic	Cash Withdrawal	21 per txn
Other Bank's VISA ATMs - International	Non Financial Txn	25 per txn	*	*
Other Bank's VISA ATMs - International	Cash Withdrawal	150 per txn	*	*
Transactions declined at merchant outlets/websites/ATM, due to insufficient balance^^	Insufficient Funds	25 per txn	*	*
Debit Card:
Debit Card Charges	Annual Fee	Rs. 250 p.a.	NIL Charges for 1st Year thereafter Rs. 250 p.a	NIL Charges for 1st Year thereafter Rs. 250 p.a
Card Replacement	Lost / Stolen Card	Rs. 200	*	*
Other Charges:			*	*
Account Related
AQB Non - maintenance * <>	Non maintenance charges per quarter	If AQB < 50% of the required Product AQB	Rs. 8000	Rs. 7000
AQB Non - maintenance * <>	Non maintenance charges per quarter	If AQB >=50% but < 100% of the required Product AQB	Rs. 5000	Rs. 4000
Account Closure Charges		Customer Indused Closure	<30 Days & > 181 Days: Nil; 31 - 181 Days: Rs. 600	<30 Days & > 181 Days: Nil; 31 - 181 Days: Rs. 600
Cheque Returns <>
Cheques Deposited & Returned (Outward)	Local & Out-station	Rs. 100 per Cheque	Nil charges upto 10 p.m.;thereafter Std Charges	Nil charges upto 10 p.m.;thereafter Std Charges
Cheques Issued and Returned (Inward) & ECS returns	Financial Reasons	Rs. 500/instance	*	*
SMS Alerts & Updates
Balance (Daily/Weekly), Txn & Value Added Alerts		SMS - Rs. 0.5 per SMS Email - Nil charges	NIL Charges	NIL Charges
Charges Common for All Products
Account Statements (Through Email -Nil charges )
Weekly	Physical	Rs. 300 per Quarter	*	*
Annual Combined Statement (Physical)	Through Branch & Phone Banking : Rs 100		*	*
Ad- hoc Statements Request	At Branch/ Phone Banking	<=365 Days: Rs.100	*	*
	At Branch/ Phone Banking	>365 Days: Rs. 200	*	*
	On Net Banking/ ATM	Rs. 50	*	*
Foreign Currency Payments & Collections
DD Issuance/DD Cancellation /DD Revalidation/Cheque Collection		Rs. 500	*	*
TT Transfer ~	Corr Bank Chrgs Borne by Beneficiary	Rs. 250	*	*
TT Transfer ~	Corr Bank Chrgs Not Borne by Beneficiary	Rs. 1000	*	*
Cheque Deposited and Returned ~ / Cheque Issued and Returned ~ <> (Financial Reasons)		Rs. 1000	*	*
Miscellaneous Charges
PIN Regeneration	ATM/ Phone/ Net Banking (only if sent through courier)	Rs.50	*	*
Fund Transfer Return	Financial Reasons	Rs.300	*	*
Cheque Purchase Charges		Rs. 0.5/1000/Day	*	*
Travelers Cheque Encashment ~		1% of TC Amount	*	*
Mandate Registration Charges		Rs.50/Instance	Nil Charges	Nil Charges
Standing Instruction	Set-up & Failure	Rs.100	*	*
Standing Instruction	Amendment	Rs.25	*	*
TDS Certificate(Duplicate only)		Rs. 200/Request	*	*
Interest Statement(Duplicate only)/ Stop payment/ DD/BC Cancellation & Revalidation/Signature Verification/Address Confirmation/Balance Statement(Other than 31st March)/Record retrieval charges/Photo Attestation		Rs.100/Request	*	*
Solvency Certificate		Rs. 10000	*	*
Confidential Report/Credit Confirmation/ TOD Charges		Rs. 500	*	*
GST on Foreign Currency Conversion Charges (FCY) ~
Value of purchase or sale of Foreign Currency		Value on which GST rate will be applicable
Up to 1,00,000		1% of the gross amount of currency exchanges or minimum of Rs.250/-
Above Rs.1,00,000/- to Rs.10,00,000/-		1000 + 0.50% of the gross amount of currency exchanged less 1,00,000.
Above Rs.10,00,000/-		Rs.5500/- + 0.10% of the gross amount of currency exchanges less 10,00,000 subject to maximum of Rs.60,000/-
Above Rs.10,00,000/-
Please Note:
1 Classic Card will not be available to customers whose Current Account has been opened with Kotak Bank post 20th Dec,2011. Charges against Classic Card will be same as that of Business Gold
Coin Deposit charges: "Nil Charges" upto deposit value of Rs 50 ; Beyond Rs 50 per instance, 5% on entire amount of coins deposited will be charged. Low Denomination Charges: 0.5% of the value above Rs 5000 deposit per instance ; Only Rs 10 and Rs 20 notes will be considered.
SMS Alerts & Updates : - Mandatory Alerts will not be charged
Under Home Banking cash pick up services (On Call & Beat), lower denomination (value equal to or less than Rs. 50 ) notes and coins will not be accepted.
Beat Cash Pick up : - Beyond city location will be charged 0.25/1000 (plus applicable GST).
Non financial Txn under debit card section includes Balance enquiry , Mini Statement & PIN Change.
Debit Card Transaction eligibilty Five free transactions (inclusive of financial and non-financial transactions) every month from own bank ATMs. From other bank ATMs (inclusive of financial and non-financial transactions) free three transactions per month in metro centres and five transactions in non-metro centres.
Top 6 Cities#+ Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad
* Indicates Standard Charges are Applicable
Abbreviations Used: For all value figures L=Lakhs & K=Thousand; Chq = Cheque; Std = Standard; Chrg = Charge; Txn=Transaction; p.m.=per month; p.a.=per annum; Avg=Average; FCY= Foreign Currency; FT=Fund Transfer; Corr=Correspondent; TOD=Temporary Overdraft; w/o= without
"NIL Charges" are not applicable for Current Accounts Maintaining Less than 75% of the Required Product AQB:
Product wise limits offered on various transactions and services with "NIL Charges" shall be applicable only if the Average Quarterly Balance (AQB) maintained in the account in that quarter is atleast 75% of the product AQB; else standard charges shall apply as per the GSFC in effect. Additionally, AQB non-maintenance charge will also be applicable as mentioned in GSFC.
**Indo - Nepal Remittance Scheme (NEFT Charges):
If beneficiary maintains an account with Nepal SBI Bank Ltd (NSBL): Rs 25 per txn (incl all taxes)
If beneficiary does not maintain an account with Nepal SBI Bank Ltd (NSBL): Upto Rs 5000 - Rs 75 per txn & beyond Rs 5000 - Rs 100 per txn (incl all taxes)
# Applicable for all transactions which involve foreign currency conversion. This charge is applicable from May 16, 2008 as per the CBDT Circular
~ Any purchase / sale of foreign exchange will attract GST on the gross amount of currency exchanged as per GST on Foreign Currency Conversion Charges (FCY) table above
Please note any rejections in applications made through ASBA mode due to insufficient funds will attract charges of Rs 300/- per rejection.
## Neo Current Account is available in select locations only.
@ Nil charges Cash Deposit Limits & Cash Handling Charges for OD Accounts:
Nil charges at Home Branch Location Only: Home branch location is defined as all the branches belonging to the same clearing zone in which the account is opened.
For CA with ODAGR (Agri Finance Overdraft Account) - 1 times of previous month’s Avg OD Utilization or Avg Debit Balance and 5 times of the previous month's Avg Credit Balance.
Charges applicable :
Rs 3.5/1000 of cash deposited and part thereof + GST as applicable.
*Nil charges on Transaction and Value added SMSalerts to the customers who have subscribed for Daily/Weekly balance alert facility.
*Alerts that have been mandated by RBI as well as alerts which are deemed appropriate by the Bank, will be sent without any charges, even if Daily/Weekly Balance SMS alerts facility has not been subscribed.
Service Charges to Account Holders in Rural / Semi-urban locations:
Classic Current Account is available in Rural / Semi-urban branches with reduced AQB requirement of Rs 10,000. The features offered and charges applicable shall be the same as Pro Current Account (except for Home Banking Service which is offered only at select locations).
Applicable GSFC : - CAPPA - Ace Current Account ; CABPR - Elite Current Account ; CHLOD - Elite Current Account ; CAOTH - Neo Current Account ; CASOD - Pro Current Account ; ODPBB - Pro Current Account ; ODPER - Pro Current Account ; ODINS - Pro Current Account ; CAPLT - Astra 5 Current Account ; Edge 2.0 (MREDG) - Edge Current Account, Classic 2.0 (MRCLA) - Classic Current Account; CAAMR - Ace Current Account; CAAMP - Astra 5 Current Account ; ODRFD - Elite Current Account
GTA Pro, GTA Elite and GTA ACE products would follow the transaction banking related features and charges of the underlying generic products namely Pro, Elite and ACE. For more details related to Trade Service charges refer the Trade GSFC respectively.
Trader Classic would follow Classic GSFC; General CA would follow CA Neo GSFC; Comfort CA would follow CA Edge GSFC; Advantage CA, Flexi CA, Pro Plus & Trader Pro would follow CA Pro GSFC; Orange CA & Elite Plus would follow Elite GSFC; Ace Plus would follow Ace GSF; Platina 5, Platina 10 & Astra 10 would follow Astra 5 GSFC; and Platina 25, Platina 50 & Astra 25 will follow Astra 15 GSFC, effective 1st November'17
Kotak Synergy Current Account is available to customers of other businesses within the group, same features & charges as EDGE (CAEDG) Current Account are applicable at a reduced AQB of Rs 10,000. Features & charges as ELITE (CAELT) Current Account are offered at NIL AQB for all below mentioned accounts, except ODRET (Retail Overdraft Account) where charges as PRO Current Account are offered at NIL AQB.
Product Name (Product Code)	Business Group	Product Name (Product Code)	Business Group
Retail Overdraft Account (ODRET)	Business Banking Group	Business Finance Current Account (CABFA)	Business Banking Group
Kotak Logistics Overdraft Account (ODLOG)	Commercial Vehicles Finance Division	Agri Finance Overdraft Account (ODAGR)	Agri Finance Division
Product Name (Product Code)	Business Group
Business Plus Current Account (CAPPV)	Home Finance Division
Business Current Account (CABUS)	Personal Loan Divison
The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA/Master Card wholesale exchange rate prevailing at the time of transaction.
<> Indicates penalty charges
Charges are exclusive of the Goods and Service Tax (GST). With effect from July 1, 2017 the effective Goods and Service tax rate will be 18% on taxable value. The GST rate is subject to change from time to time.
"State Government taxes / Cess as applicable shall be charged”
W.e.f 1st July,2020; threshold as well as Rate of TDS applicable for CASH withdrawal will dependent on submission of proof of Income Tax Return filed. Revised TDS rates will be as under :
Aggregate Cash Withdrawals in all accounts in a Financial Year	Income tax Return copy Submitted to Bank	Income tax Return copy NOT Submitted to Bank
Upto Rs.20 Lakhs	Nil	Nil
Rs.20 lakhs to Rs. 1 crore	Nil	2%@
In Excess of Rs. 1 crore	2%@	5%@
@If PAN is not updated in the account then the TDS deduction at the rate 20% as per section 206AA of the Income Tax Act will apply. For foreign companies, foreign partnership firms, Non-residents additional surcharge and health & education cess will be applicable as per Income Tax law.
All charges are subject to revision with an intimation of 30 days to account holders. Closure of account due to revision of charges will not be subject to account closure charges.

ActivMoney Premium Current Account

activ-money-current-account-variants-360x203-1

Unlock growth and supercharge your business:

Maintain a robust Average Quarterly Balance of ₹5 Lakh.
ActivMoney facility initiates an auto-sweep from the Current Account to a Fixed Deposit (FD) once your funds cross the specified limit, thus enabling you to earn up to 7%* interest p.a.
No penalty for premature withdrawal of FD, keeping your funds flexible.
Fixed Deposits are created for 180 days in multiples of ₹5,000.
Deposit cash up to 10 times the previous month’s average credit balance or ₹60 Lakh, whichever is higher.
Enjoy the privilege of free cash withdrawal at your home branch.
Free cash withdrawal at non-home branch locations up to ₹5 Lakh daily.
Benefit from free unlimited Demand Drafts payable at Kotak and Non-Kotak Bank branches.
A waiver on outward cheque returns (up to 10 monthly instruments).

ActivMoney^ Current Account

Elevate your business banking experience with features designed to help you streamline your business.

Maintain an Average Quarterly Balance of ₹2.5 Lakh.
ActivMoney facility initiates an auto-sweep from the Current Account to a Fixed Deposit (FD) once your funds cross the specified limit, thus enabling you to earn up to 7%* interest p.a.
Enjoy the flexibility of no penalty for premature withdrawal of FD.
Fixed Deposits are created for 180 days in multiples of ₹5,000.
Deposit cash up to 10 times the previous month’s average credit balance or ₹25 Lakh, whichever is higher.
Benefit from free cash withdrawal at your home branch location.
Free cash withdrawal at non-home branch locations up to ₹2.5 Lakh per day.
Avail free Demand Drafts (up to 50 monthly instruments) payable at Kotak Bank branches.
Free Demand Drafts (up to ₹30 Lakh per month) payable at non-Kotak Bank branches.
Enjoy a waiver on outward cheque returns (up to 10 instruments per month).

ActivMoney Lite Current Account

Experience the power of smart banking with power-packed features:

Maintain an Average Quarterly Balance of ₹1 Lakh.
ActivMoney facility enables an auto sweep from the Current Account to a Fixed Deposit once the funds cross the specified limit, thus enabling you to earn interest up to 7%* p.a.
Enjoy the flexibility of no penalty for premature withdrawal of Fixed Deposit.
Fixed Deposits are created for 180 days in multiples of ₹5,000.
Enjoy free cash deposit up to ₹10 Lakh per month.
Benefit from free cash withdrawal at your home branch location.
Free cash withdrawal at non-home branch locations up to ₹1 Lakh per day.
Avail free unlimited Demand Drafts payable at both Kotak and Non-Kotak Bank branches.
Enjoy a waiver on outward cheque returns (up to 7 monthly instruments).

Offers Beyond Banking for your business

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Business Management and Marketing

Enjoy a host of digital marketing offers that cater to all your business and marketing related requirements.

Enterprise Resource Planning

Get offers that enable you to manage your day-to-day business transactions and processes with a host of accounting software.

Business Travel

Streamline your business travel with curated offers. Enjoy discounts, plan your journey easily, and maximise productivity while focusing on what matters most – your business.

Supply Chain and Logistics

Avail offers that empower your business with easy flow of goods and services and optimum logistics management.

Human Resource

Enjoy offers on HR software that help you transform your company. Manage salary payments easily with payroll software.

Workspace Management

Make the most of our offers and work in a flexible environment suited to your taste - a lively work pad that gives you a vibrant setting to convert all your ideas into reality.

Taxation & Legal

Get offers on assistance on matters concerning legal and tax issues and grow your business the right way.

Healthcare/Medical Equipment

Avail offers that provide you with best-in-class medical equipment for all your product-based needs. Also, get round-the-clock appointment booking, onsite and remote consultations, access to a wide network of doctors and much more.

For deposits above 7 days. T&C apply. For detailed terms and conditions, please visit www.kotak.com. ActivMoney (Auto-Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your Current Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance in the Current Account, the TD will be broken prematurely and the required amount will be transferred to the Current Account. Default Sweep Out and Sweep In for limit for an account variant are the minimum thresholds and one will not be able to opt for limits lower than these. Auto-Sweep out of funds above a pre-specified threshold from Current Account to Fixed Deposit will be for 180 days (For NRE accounts it will be for 1 year) and in multiples of Rs. 5,000/- The nomination registered for Current Account will apply for FDs created through ActivMoney. If the customer opts for ActivMoney in an account, standalone Fixed Deposits cannot be linked to that account. Terms and Conditions guiding the fixed deposit will be applicable to Fixed Deposits booked under ActivMoney. Bank may at its absolute discretion discontinue/suspend any of the services completely or partially with or without any notice to the customer. The rate mentioned is applicable for Fixed Deposits less than Rs. 2 Crores for a tenure of 180 days and is subject to change without prior notice. For ActivMoney (2 way sweep deposits), Regular Kotak Fixed Deposit rates will be applicable, basis the tenor of the deposit, for all customers including Senior Citizens/Bank Staff without any pre-payment penalty.

Frequently Asked Questions

What is ActivMoney Current Account and how does it differ from a regular current account?

The standout feature of ActivMoney Current Account is the auto-sweep facility. When your balance exceeds a certain threshold, this facility automatically transfers the excess funds into a fixed deposit, enabling you to earn interest up to 7%* p.a. and optimise liquidity management, going beyond the offerings of a regular Current Account.

*For deposits above 7 days. T&C apply. For detailed terms and conditions, please visit www.kotak.com. ActivMoney (Auto Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your Current Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance in the Current Account, the TD will be broken prematurely and the required amount will be transferred to the Current Account. Default Sweep Out and Sweep In for limit for an account variant are the minimum thresholds and one will not be able to opt for limits lower than these. AutoSweep out of funds above a pre-specified threshold from Current Account to Fixed Deposit will be for 180 days (For NRE accounts it will be for 1 year) and in multiples of Rs. 5,000/- The nomination registered for Current Account will apply for FDs created through ActivMoney. If the customer opts for ActivMoney in an account, standalone Fixed Deposits cannot be linked to that account. Terms and Conditions guiding the fixed deposit will be applicable to Fixed Deposits booked under ActivMoney. Bank may at its absolute discretion discontinue/suspend any of the services completely or partially with or without any notice to the customer. The rate mentioned is applicable for Fixed Deposits less than Rs. 2 Crores for a tenure of 180 days and is subject to change without prior notice. For ActivMoney (2 way sweep deposits), Regular Kotak Fixed Deposit rates will be applicable, basis the tenor of the deposit, for all customers including Senior Citizens/Bank Staff without any pre-payment penalty.*For deposits above 7 days. T&C apply. For detailed terms and conditions, please visit www.kotak.com. ActivMoney (Auto Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your Current Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance in the Current Account, the TD will be broken prematurely and the required amount will be transferred to the Current Account. Default Sweep Out and Sweep In for limit for an account variant are the minimum thresholds and one will not be able to opt for limits lower than these. AutoSweep out of funds above a pre-specified threshold from Current Account to Fixed Deposit will be for 180 days (For NRE accounts it will be for 1 year) and in multiples of Rs. 5,000/- The nomination registered for Current Account will apply for FDs created through ActivMoney. If the customer opts for ActivMoney in an account, standalone Fixed Deposits cannot be linked to that account. Terms and Conditions guiding the fixed deposit will be applicable to Fixed Deposits booked under ActivMoney. Bank may at its absolute discretion discontinue/suspend any of the services completely or partially with or without any notice to the customer. The rate mentioned is applicable for Fixed Deposits less than Rs. 2 Crores for a tenure of 180 days and is subject to change without prior notice. For ActivMoney (2 way sweep deposits), Regular Kotak Fixed Deposit rates will be applicable, basis the tenor of the deposit, for all customers including Senior Citizens/Bank Staff without any pre-payment penalty.

What are the features and benefits of ActivMoney current account?

ActivMoney Current Account encompasses all the standard features of a Current Account, including a chequebook, debit card, and online banking.

What sets it apart is the added benefit of an auto-sweep facility. This unique feature automatically transfers idle funds to a fixed deposit, allowing you to earn interest up to 7%* p.a., thus maximising your earnings. These combined benefits of this Current Account enhance your banking experience, making it a preferred choice for businesses.

Who can avail Activmoney facility in Current Account?

The ActivMoney facility is pre-enabled with the ActivMoney Current Account. To add this facility to another account variant, you can visit your nearest Kotak Mahindra Bank branch.

What is the minimum balance required to activate the auto sweep facility in current account?

The auto-sweep facility in ActivMoney Current Account is activated once the balance in your account reaches thrice the Current Account minimum balance.

Different ActivMoney accounts offer various thresholds for this feature, providing flexibility based on your banking needs.

Can I manually control the amount transferred to the fixed deposit or is it automated?

The Current Account auto-sweep feature in ActivMoney Current Account is automated.

This means that funds above a pre-fixed threshold automatically get converted into Fixed Deposits in multiples of Rs. 5,000, thus earning you interest.

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Learn all about Current Account

ActivMoney Current Account

ActivMoney Current Account

Tailor-made accounts

Boost your business

Attuned to your needs

Offers Beyond Banking

Eligibility criteria

Fees & Charges

ActivMoney Premium Current Account

ActivMoney Premium Current Account

ActivMoney^ Current Account

ActivMoney^ Current Account

ActivMoney Lite Current Account

ActivMoney Lite Current Account

Offers Beyond Banking for your business

Business Management and Marketing

Enterprise Resource Planning

Business Travel

Supply Chain and Logistics

Human Resource

Workspace Management

Taxation & Legal

Healthcare/Medical Equipment

Frequently Asked Questions

What is ActivMoney Current Account and how does it differ from a regular current account?

What are the features and benefits of ActivMoney current account?

Who can avail Activmoney facility in Current Account?

What is the minimum balance required to activate the auto sweep facility in current account?

Can I manually control the amount transferred to the fixed deposit or is it automated?

All you need to know about current account and business banking solutions

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