Eligibility Criteria for Elite Current Account - Kotak Mahindra Bank

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Business
Current Accounts
Elite
Eligibility

Elite Current Account

Elite Current Account

A premier current account and also the best financial partner for
medium-to-large sized businesses

Elite Current Account by Kotak Bank

Features
Eligibility
Fees and Charges
Required Documents

Eligibility criteria

Can be opened as a single or joint account
Initial deposit: Rs. 1 lakh
Minimum Average Quarterly Balance: Rs. 1 lakh

Available for:

Individuals (resident Indians)
Sole proprietorships
Hindu undivided families (HUFs)
Partnerships / Limited liability partnerships
Private limited companies
Co-operative societies / subsidiaries and associations / trusts / clubs
Religious organisations / educational institutes / government bodies
Association of Persons
Public sector undertakings
Domestic banks / regional rural banks / domestic co-operative banks
Foreign institutional investors / foreign nationals residing in India / foreign companies
Foreign banks
Insurance companies / mutual funds
Share and stock brokers
Related parties
Non-government organisations (NGOs / charitable trusts)

Ready to take the next step?

Apply Now

Related Products

Current Account - Ace Current Account from Kotak Bank

Ace

Free cash deposit up to 10 times of previous month’s average credit balance or Rs. 25 lakhs, whichever is higher at any Kotak Bank branches
Free Beat service - Daily home/office visits for cheque pickup and deposit in your account.
Waiver of outward cheque return charges (up to 10 instruments per month)

Current Account - Neo Current Account from Kotak Bank

Neo

Multi-city at par cheque book (First cheque book is free)
Balance Alerts / Transaction and Value added alerts through SMS at nominal charge (Alerts through email are free)
Kotak ActivMoney - Convert current account balance above certain amount into Term deposits so you earn attractive returns on your idle balances

Current Account - Edge Current Account from Kotak Bank

Edge

Free multi-city cheque book (50 at-par cheque leaves per month)
Balance Alerts / Transaction and Value added alerts through SMS at nominal charge (Alerts through email are free)
Kotak ActivMoney - Converts current account balance above a certain amount into Term Deposits, so you earn attractive returns on your idle balances

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About us

Our Businesses
Media Centre
Corporate Responsibility
Careers
DIFC Branch

Investor Relations

Financials
Governance
Investor Info

Customer Service

Important Information
Write to us
Grievance Redressal
Banking Ombudsman
Download Forms
Service Requests
Track Application Status
Tips on Safe Banking
Doorstep Banking Service

Aadhaar Services

Link your Aadhaar
Aadhaar Enrollment Center

Calculators & Tools

EMI Calculator
Goal Planner
Life Insurance Premium
Recurring Deposit
Retirement Calculator
Compare Credit Cards

Rates & fees

Interest Rates
Fees & Charges (GSFC)
Goods & Services Tax (GST)

Digital Banking

Ways to Bank
Insta Services
Business & Fintech

Self Help

Help Center
Chat with Keya

Trending Products

Credit Cards
811 Digital Savings Bank Account
Digi Personal Loan

Financial Inclusion

About Merger

Erstwhile ING Vysya

Savings Account
Current Account
Debit Card
Loan
Institutional Accounts

Others

Credit Card T&C
Public Notice
Regulatory Disclosure
USA Patriot Act Certification
Subscriptions/ Recurring Payments
Wolfsberg AML Questionnaire
IFSC Banking Unit
Knowledge Centre
Auction Cum Sale Notice
Asset Classification Norms

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