This account requires an initial deposit of Rs 50,000. The minimum Average Quarterly Balance (AQB) requirement for Kotak Start-Up Current Account is Rs 50,000. 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 for the following:
- Sole proprietorships
- Partnerships/limited-liability partnerships
- Private / public limited companies
- Educational institutes
- Insurance / mutual funds
- Share and stock brokers
