My Family Savings Account Eligibility
Check eligibility criteria and apply for My Family Saving Account.

Experience the all-new Kotak Netbanking
Simpler, smarter & more intuitive than ever before
Quick Help
Frequently Asked Questions
For Kotak Bank Customers
For Kotak811 Customers
Experience the all-new Kotak Netbanking Lite
Simpler, smarter & more intuitive than ever before. Now accessible on your mobile phone!
The Kotak Mahindra My Family Savings Account brings the entire family’s banking needs under one account, allowing everyone to avail exclusive family-centric benefits and features, and make the most of their banking experience together.
Earn 2.50%* interest on your savings account
balance^1 and grow your money faster
Convert your Savings Account balance above a certain amount in to a Term Deposit and earn additional interest
Maintain Savings Account balance in one bank account or spread across accounts
Dedicated Relationship Manager^2
for you and your family
Grand
Click here to know more
Silk
Click here to know more
Junior
Click here to know more
Notes:
For latest offers and terms and conditions, please visit /content/kotakcl/en/offers.html
Check your eligibility for My family Savings Account.
Explore more savings account options that best suit your needs.
1. Effective July 9th, 2025, daily balances in Savings Account across all account balances will earn 2.50% interest p.a. These interest rates are applicable for both Resident and Non-resident Accounts (NRE/NRO).
2. ^2 Subject to maintenance of AMB.
3. Debit card is available for kids above 10 years. These offers are subject to change and the vouchers will be sent post opening a Junior Account. Also, these vouchers are being offered by the respective merchants and not by Kotak Mahindra Bank Ltd
4. $ Year is defined as period of 12 months from 1st January to 31st December for cheque book issuance charges
Check the fees and charges for My Family Savings Account.
Explore more savings account options that best suit your needs.
1 Foreign nationals (resident in India), should obtain an undertaking in form QA 22 duly signed by all the persons (irrespective of nationality) who are authorised to operate on the accounts. Fresh declarations will be necessary in the event of any addition to the list of persons authorised to operate on the accounts. Form QA 22 need not be completed by foreign nationals of non-Indian origin permanently resident in India and foreign nationals of Indian origin (other than those who are residing in India for employment of specified duration irrespective of the length thereof or for a specific job or assignment, the duration of which does not exceed three years) and foreign-born wives of Indian nationals and of persons of Indian origin resident in India.
Check the documents required for opening My Family Savings Account.
Explore more savings account options that best suit your needs.
Click Here to know the fees and charges applicable for respective product scheme opted
Sr. No. | Name of the Document (valid) | Identity Proof | Address Proof |
---|---|---|---|
1 | Passport | Yes | Yes |
2 | Driving Licence | Yes | Yes |
3 | Aadhaar (Post e-KYC authentication by Bank) | Yes | Yes |
4 | Voter Id | Yes | Yes |
5 | Job Card issued by NREGA | Yes | Yes |
6 | Letter issued by National Population Register | Yes | Yes |
Learn how to get started with My Family Savings Account.
Explore more savings account options that best suit your needs.
Build your My Family* account in 3 simple steps -
STEP 1 - Open an Ace Savings Account for yourself
STEP 2 - Choose between
STEP 3 - Add a programme to get exclusive offers and privileges: Grand for 55+, Silk for women and Junior for kids
Notes:
*Minimum 2 accounts are required to start My Family.
Explore more savings account options that best suit your needs.
The Kotak Mahindra My Family Savings Account brings the entire family banking needs under one account, allowing everyone to avail exclusive family-centric benefits and features, and make the most of their banking experience together. My Family Savings Programme is offered for 2, 3, 4 and /or 6 Members with Pro Savings Account.
Minimum 2 accounts are required to start My Family Savings Account. This Programme is offered for 6 Members with Pro Savings Account for Associate and Ace Savings Account for Key member of the family.
1) Only Resident individuals are eligible to enrol for My Family Savings Programme.
2) My Family Savings Programme is offered for 2 and/or 3 Members with Pro Savings Account.
3) My Family Savings Programme is offered for 4 Members with Edge, Pro, Nova Savings Account for Associate and Ace, Classic Savings Account for Key member of the family.
4) My Family Savings Programme is offered for 6 Members with Pro Savings Account for Associate and Ace Savings Account for Key member of the family
5) Minor account cannot be the Key member of the family
6) NR, Foreigners, Privy League and Private Banking customers are not eligible for My Family Savings programme
Click here to know the eligibility for joint savings account
Manage emergencies with quick personal loans. These loans are provided with quick disbursals.