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Type of account |
Minimum Sweep in/out threshold value for new signup* |
|---|---|
Edge & other equivalent savings account variants |
Rs 25,000 |
Ace / Pro & other equivalent variants |
Rs 50,000 |
Kotak 811 account |
Rs 25,000 (Sweep out) Rs 20,000 (Sweep in) |
All Salary Account variants |
Rs 25,000 |
NRO & NRE Savings Accounts |
Rs. 25,000 for all variants except Platina Rs. 2 Lacs for Platina NRO/ NRE Variants.
|
Accounts under Kotak Privy League programme |
Rs 3 lacs |
Accounts under Kotak Private Banking programme |
Rs 5 lacs* |
Current Account |
More than or equal to 3 times the required Minimum balance requirement applicable as per the product variant OR Rs 50,000 whichever is higher |
* Minimum Sweep in/out threshold value for accounts under Kotak private banking league will be revised to 5 lacs from 10 lacs for new ActivMoney registrations w.e.f 1st Aug’23. For ActivMoney registrations before 1st Aug’'23, Minimum sweep in/out threshold will continue to be Rs 10,00,000
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By clicking on the hyper-link, you will be leaving www.kotak.bank.in and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.bank.in and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.bank.in and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.bank.in and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.bank.in and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.