Best Premium Current Account for Startups @ Free Cash Withdrawal*
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Customised Current Account with a host of solutions for your Startup


Features & Benefits of the Startup Premium Current Account

  • Non-Maintenance Charge waiver for the first twelve months from the date of the Current Account opening
  • Free RTGS/NEFT payments at branches or via Net Banking
  • Free cash withdrawal at non-home branch locations up to Rs. 1,00,000 per day
  • Free cash deposits at home branches, up to 5 times of previous month's average credit balance or Rs. 10,00,000, whichever is higher
  • Free cheque payment and collection pan-India
  • Free outward cheque returns (up to five instruments per month)
I am Interested

Eligibility Criteria for Startup Premium Current Account

  • Initial Deposit: A minimum deposit of Rs. 1,00,000 is required to open this account
  • Average Quarterly Balance (AQB): The Kotak Startup Premium Current Account has a minimum AQB of Rs. 1,00,000
  • Business Vintage: The business should be incorporated or registered no more than three years before the account opening date

The Kotak StartUp Current Account is available to the following entities:

  • Partnerships/Limited Liability Partnerships (LLPs)
  • Private/Public Limited Companies
  • Sole Proprietorships

Add More Power to Your Business

  • Offers Beyond Banking across different categories to support the nitty-gritty of your business . Explore more
  • Salary Account - Corporate Salary Account for Startup employees. Minimum five employees with an average salary of Rs. 25,000
  • Simple and secure fund transfer through bulk uploads with a Maker-Checker facility
  • Collection solution for convenient reconciliation of receivables through RTGS / NEFT/ IMPS
  • Preferential pricing for trade transactions with a minimum benefit of Rs. 1,10,000* per annum
  • A range of collateral-free, customised Business Loan Solutions to help you grow your business
  • Accept digital payments safely and securely with the Kotak Point of Sale (POS) machine
  •, an easy-to-use payment collection app, helps you turn your phone into a cash counter and avail multiple digital collection options


*Based on usage of all trade services (1 trade transaction per month)

Offers Beyond Banking for your business

Frequently Asked Questions

What is a Startup Current Account, and how is it different from a regular Business Current Account?

A Startup Current Account is specially designed to meet the unique needs of newly incorporated businesses.

What are the advantages of opening a dedicated Startup Current Account?

  • Waiver of Non-Maintenance Charges for the first twelve months from the date of the Current Account opening
  • Preferential pricing on import/export services
  • Simple, secure digital and bulk fund transfers with a Maker-Checker facility
  • Access to offers from various empanelled partners to manage the day-to-day business conveniently
  • Free cash withdrawal at non-home branch locations up to Rs. 1,00,000 per day
  • Business Debit Card with no issuance charges

What defines a Startup, and how is it different from an established business?

Managing finances well should be your priority during the initial years of your business. Taking control of your finances is essential to manage different requirements and ensure the venture runs smoothly. A Startup Premium Current Account can be a great help in this regard.

Ready to take the next step?

More about Current Account

For deposits above 7 days. T&C apply. For detailed terms and conditions, please visit 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.