Open Kotak 811 Savings Accounts and Enjoy The Benefits Anywhere, Any Time

Earlier people used to carry cash for shopping and paying bills. With the launch of revolutionary Kotak 811 zero balance saving account, life of the people became easier. Now people do not have to carry cash or even cards for paying bills and to make purchases. The Kotak 811 account holders have the facility of using the innovative 811 App as a virtual debit card which is provided free of cost. With the help Kotak 811 saving account making payments of DTH, Mobile Bills, railway tickets, movie tickets, electricity bill etc has become easier then before.

Many banks allow people to open and maintain zero balance saving accounts where account holders do not need to maintain a minimum balance in their account. Like any other bank, Kotak Mahindra Bank has also opened a Zero Balance Saving Account where no maintenance is required. Kotak Zero Balance Saving Account is also known as Kotak 811 fully digital Account which allows people to open accounts in as less as 5 minutes. The bank provides a virtual debit card for online shopping, Paying bills, etc. It also provides interest rate upto 6% p.a. With the help of this account Customers can also pay using the scan and pay option in stores. Customer can do online transaction using NEFT/IMPS with no additional charges. The mStore feature in the Kotak 811 Savings Account app allows users to shop online without downloading other applications. In this account the balance should not exceed Rs. 1 lakh. The maximum of 1 lakh can only be transferred online. The customer has to do full KYC before the end of 1 year from opening the account. Kotak 811 saving account is a new age savings account offered by Kotak Mahindra Bank. 

The 811 Kotak Mahindra Saving account is a completely paper less digital account. Unlike a regular savings account with Kotak 811 saving account customer just have to visit the play store from their Android phone and download the Kotak Mobile Banking App. Once installed, click on ‘Get started Now’ to start the new account opening journey. Once all the criteria have been completed, customers account number & CRN will be generated instantly and customer can start using their Account. 

The minimum age required to open should be more than 18 years of age, and a resident of India with an Indian address to be eligible to apply for Kotak 811 saving account.

More Info: https://bankingvilla.com/SavingAccount/kotak-811.php