Corporate Salary Account - Open a Salary Account Online - Kotak Mahindra Bank

For any issues / help regarding the Salary Upload for your employees please write to: (North: priyanka.kanojia@kotak.com), (South: ranjitha.manoj@kotak.com), (West: shahid.mohammad@kotak.com)

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Disclaimer - W.e.f. May 25, 2020, interest rate on daily balances in Savings Account stands revised as follows: Daily balances in excess of Rs. 1 lakh will earn 4% interest p.a. and daily balances up to Rs. 1 lakh will earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only.

Example: If End of Day Savings Account balance is Rs. 1,50,000, then Rs. 1,00,000 will earn interest of 3.50% p.a. and Rs. 50,000 (being the balance in excess of Rs. 1,00,000), will earn interest of 4.00% p.a.

 

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