This account requires an initial deposit of Rs 100,000. The minimum average quarterly balance (AQB) requirement for Kotak Start-Up Current Account is Rs 100,000.
The date of incorporation / registration of business should not be more than two years before the date of account opening.
The Kotak Start-Up Current Account is available to the following:
- Sole proprietorships
- Partnerships / limited liability partnerships
- Private / public limited companies
- Educational institutes
- Insurance firms / mutual funds
- Share and stock brokers
