Nova Savings Account Exclusive Features - Kotak Mahindra Bank
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Frequently Asked Questions

How do I apply for a Nova Savings Account?

You can apply for Nova savings account online as well as by visiting our nearest branch. Nova/Classic Savings Account is available in Semi-urban/rural branches only. Click on the following link to apply online : https://kapps.kotak.com/kotakXpress/xpress/xpress-home.action?pid=NOV

What are the fees associated with the Nova Savings Account?

Basic fees like Non Maintenance Charges, cash transaction/withdrawal charges, DD/Chequebook charges, branch request charges etc. are associated with the Nova Savings Account, for more details please visit :https://www.kotak.com/en/personal-banking/accounts/savings-account/nova-savings-account/fees-and-charges.html

Is there a limit on the number of withdrawals I can make from my Nova Savings Account?

Nova savings account allows you to enjoy unlimited withdrawls in our ATMs. However for withdraws from other domestic ATMs there are Nil Charges upto 3 txns(In Top 6 Cities) & 5 Txn (Non-Top Cities) per month thereafter Rs. 21 per cash withdrawal & Rs. 8.5 per
Non-Financial Txns

What types of identification documents are required to open a Nova Savings Account?

To open a Nova savings account, the following identification documents are required : Driving License, Passport, Voter's ID, Aadhaar Card etc.