Kotak 811 Digital Bank Account Features| Zero Balance Savings Account - Kotak Mahindra Bank
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Features of the 811 Digital Bank Account

Welcome to the future of mobile banking! The Kotak 811 bank account packages the entire digital banking ecosystem into your smartphone. Get best deals on shopping, travel, entertainment and meet all your banking/investment needs on the move with just a few clicks on Kotak Mahindra mobile app. 


Instant Account Opening

No visiting any bank branch or leaving your home. Just open your Kotak 811 account on smartphone or through a browser in an instant and quickly log in to the world of seamless digital banking.


No minimum balance commitment

Worried about paying charges for low balance in your account? Now enjoy no minimum balance commitment on your Kotak 811 bank account and experience true financial freedom.


Earn 4%* Interest Rate per annum

Earn 4%* interest annually on your account balance and let your bank account earn more money while you work or play!


ActivMoney## Auto Sweep in Facility

Want to earn higher interest of a fixed deposit (FD)? Set your sweep-in and sweep-out limit and see your funds being converted into an FD immediately. 

  • Avail higher interest rate through funds converted into Fixed Deposit. For details of the fixed deposit interest rate, click here.
  • Eliminate the need to track your funds regularly and give instructions to the Bank for Fixed Deposit creation
  • Greater flexibility and liquidity as the funds flow back into your savings account when required

 To enable ActivMoney for your 811 account, visit your nearest branch or call our call centre at 1860 266 0811**


Banking solutions at a single touch

Now you can open your investment account or book TD /RD in a single click from 811 Mobile banking app. You can also request for Chequebook, transfer funds or walk into a branch for cash transactions and enjoy many more benefits of a savings account^^


Virtual Debit Card

The Debit Card is no more plastic with 811. It's a Virtual Debit Card, shrunk to fit in your mobile. Check the card details within the safety of your app and use it to make online payments like Shopping, paying bills or recharging mobile / DTH, in few taps.


Scan and Pay***

You don’t need cash or cards to make payments. Now paying has become simpler with the Scan & Pay feature. With this pay for all you’re shopping, movies, groceries, and much more


Shop, Travel, and More^

No need for multiple apps on your phone when you have the Kotak Mobile Banking App. Go to the Kaymall section  shop on Flipkart, subscribe to national/international magazines, book your flight and hotels on Goibibo or  train tickets^ on  IRCTC  at the best rates all with your Kotak 811 account. 

You can now open Kotak 811 account by downloading the Kotak mobile banking app or just click here and open account instantly.

Know more about the variants of 811 Savings Account.
Know more about the how to login to 811 Savings Account
Know more about the 811 zero balance savings account


Customers who have opened JifiNeo will now enjoy Kotak 811

W.e.f. Jun 13, 2022, daily balances in Savings Account above Rs. 50 lakhs will earn 4% interest p.a. Daily balances in Savings Account up to Rs. 50 lakhs will continue to earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only.

^^Features mentioned are available only to customers who have completed their full KYC

**Kindly call on our new number: 1860 266 0811, for any queries or issues between 9.30am to 6.30pm, Monday to Saturday (except holidays). Local charges apply.

***Scan and Pay at selected in store outlets

^Terms and conditions apply

##This Feature is only available for 811 Full KYC customers. By signing up for this feature, customer agrees to the following Terms & Conditions:

  • ActivMoney (Auto Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your 811 Savings Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance in the account, the TD will be broken prematurely and the required amount will be transferred to the Account.
  • Default Sweep Out and Sweep In limit are the minimum pre-specified thresholds and one will not be able to opt for limits lower than these. For 811 Full KYC Savings Account the fixed deposit will be made or broken in multiples of Rs.2000/- and the default sweep out and sweep in limits are Rs. 20,000 and Rs. 10,000/- respectively.
  • The nomination registered for Saving Account will apply for the FDs created through ActivMoney. If 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 me.
  • In case 811 Full KYC customers enabled with ActivMoney facility upgrades to a different product variant, the ActivMoney functionality will be disabled and a fresh request will be required by the customer to renew the same.

Frequently Asked Questions

How can I apply for a 811 passbook?

Your Kotak811 digital savings account does not require you to carry a passbook. You can check all your transactions online on the Kotak Mobile Banking App.

If you wish to have a statement of your transactions for documentation purposes, you can place a request on the Kotak Mobile Banking App and receive your statement on your registered email ID.

If you still prefer a Passbook, you can apply for it online and get it be delivered to your preferred communication address as per Bank records in 7-10 working days. Please note, only Full KYC account holders can request for a passbook. This process is applicable only for customers applying for a passbook for the first time. For second passbook onwards, please visit your nearest bank branch.

To apply for a passbook, Click Here

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How can I start a Recurring Deposit/Term Deposit?

You can start a recurring deposit or a term deposit through the Mobile Banking App or through Net Banking. Please visit the ‘Banking’ section inside the Mobile Banking App or Net Banking and click on ‘Open Recurring Deposit’ or ‘Open Term Deposit’.. These features are available to customers who have met us to verify their identity details. If you haven’t done that yet, please schedule an appointment via the Mobile Banking app or call customer care on 1860 266 0811*
*Local call rates apply.

*Local call rates apply.

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How can I use Scan & Pay feature inside the Mobile Banking App?

You can see the ‘Scan & Pay’ option inside the Mobile Banking App. You will see this under the ‘Banking’ section of the Mobile Banking App. Once you click on it, it will open the QR code reader. You need to project it on the QR code and it will read it automatically. Once the QR is successfully captured, you can punch the amount you wish to pay and the amount will be transferred instantly.

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What is a Virtual Debit Card? How do I use it?

Kotak 811 brings you a Virtual Debit Card inside your Mobile Banking App. You can use it to shop online, pay bills, recharge or use ‘Scan & Pay’ at merchant outlets. 811 Debit Card is given to customers who have verified their details using Aadhaar OTP.

If you need to check your card details - card number, expiry date or CVV - it’s easy; just log in to your Mobile Banking App after opening your Kotak 811 account and click on the 811 widget.

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Can I have a physical Debit Card? How do I apply for one?

Yes, you can! You can request a physical Debit Card from the 811 widget in your Kotak Mobile Banking app. Just login into the Kotak Mobile Banking App and navigate to 811 section -> virtual debit card -> Get one now.

The physical Debit Card will be charged at Rs. 299 p.a. (inclusive of taxes) You’ll need to have sufficient balance in your account to order one.
Once you’ve requested a physical Debit Card, we’ll charge the card fees to your account and your card will be delivered to you within 7 working days at the communication address you’ve registered with us.
811 physical debit card is not given to 811 Lite customers. 811 Lite customers are issued a virtual debit card once the full KYC for the account is completed. After the virtual debit card is issued, customers can follow the process mentioned above to get the physical card.

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