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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
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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
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Public sector undertakings
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Foreign institutional investors / foreign nationals residing in India / foreign companies
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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

1

five-cash-flow-management-ideas-for-startups-t

Capital generation opportunities

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