Open Kotak 811 Digital Zero Balance Savings Account to Get a Credit Card
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Are you finding it challenging to manage all your transactions through one savings account? Or are you a student looking to open your first bank account? Now, you don’t need to step out anywhere to open a savings account — get a Kotak 811 zero balance savings account online from your home. Plus, enjoy a lifetime free credit card!

Who should open a Kotak 811 zero balance savings account?

A Kotak811 account is ideal for:

  • Students above 18 years of age who do not have the time or inclination to visit a bank branch for account opening
  • Individuals who want a savings account without an Average Minimum Balance (AMB)
  • People who have a savings account but want to open another to save money or set up investments

A Kotak811 a/c is available only for individuals who don’t hold any active account with Kotak Mahindra Bank

Why should I open an 811 Digital Savings Account?

Kotak 811 digital savings account can be opened instantly.

It is a zero-balance savings account without any average minimum balance. It is best for students, homemakers, self-employed people etc., who may find it difficult to maintain a minimum amount in their accounts. 

The account opening process is entirely online. So, you don’t have the hassle of filling up any physical forms or submitting photocopies of your KYC documents.

All you need to do is add your PAN and Aadhaar details during the account opening process.

You get a free virtual debit card instantly on account opening, that you can use to pay for your online purchases or pay bills online.  

After opening the account, you can download the Kotak – 811 & Mobile Banking App and carry out banking transactions.

You may also select the video KYC account opening process where a bank representative completes the KYC process through a video conference. The bank will open your account within a few hours.


What are a few things that I need to keep in mind before Kotak 811 zero balance account?

You will need your PAN, Aadhaar number and Aadhaar-registered mobile number handy to open the zero balance savings account.

Accounts that are not opened through the video KYC process are e-KYC accounts. You have to complete the full KYC of your account within 12 months from the account opening date. The bank will have to close the account if the full KYC isn’t completed within a year.

Before the full KYC process, you can keep a maximum balance of Rs. 1 lakh in your account, and total credits cannot exceed Rs. 2 lakh in a financial year.    

Since it is a digital account, there is no physical welcome kit.

The bank does not provide a physical debit card by default. If you’d still like one, you will have to apply for a physical debit card through the mobile banking app. 

How can I get a credit card?

After you complete the full KYC and add funds to your Kotak 811 savings account, you can apply for the Kotak 811 #DreamDifferent Credit Card from your mobile banking app easily. Login to app >> Go to Apply now section >> Click on Credit card icon to start the online application.

Kotak 811 Credit Card is a secured credit card backed by a Fixed Deposit (FD). The card doesn’t have any joining or annual fee, which makes it very affordable. You also don’t need to provide any income proof. All you need to do is book a minimum FD of Rs. 10,000. You can book an FD during the credit card application process or select from the existing list of Fixed Deposits.

The credit limit of the card is up to 80% of your FD, i.e. the minimum credit limit is Rs. 8,000.

If you are a student, or don’t have a credit history, it can be one of the best credit cards to build credit history.

Go ahead and open a Kotak 811 zero balance savings account now and enjoy the  benefits of a lifetime free credit card.

Bonus tip: It will be always in your benefits to keep your credit history in a good shape. This becomes one of the important factor when you are in need to borrow money from the bank. A credit score checker can be your handy tool to keep a watch on your credit history.


Giving Aadhaar details is voluntary.

Issuance of credit cards is at the sole discretion of Kotak Mahindra Bank Limited. All features and benefits are subject to Credit Card Terms and Conditions. Please read the Credit Card terms and conditions carefully provided on the bank website

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Disclaimer: This Article is for information purposes only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. The Bank makes no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Article. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from the Bank. The Bank, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein. Tax laws are subject to amendment from time to time. The above information is for general understanding and reference. This is not legal advice or tax advice, and users are advised to consult their tax advisors before making any decision or taking any action.