Kotak 811 Savings Account Review
Interest rate:
3.5% per annum
Minimum Balance:
Zero
Instant activation
PROS
- 1% cashback on every purchase - 100% digital process - Free debit card
CONS
- Joint bank account is not available - Basic membership is highly restrictive
Fees and charges
Joining Fee:
Nil
Annual Fee:
Nil
Debit card charges:
Rs 150-199
Who Should Use the Kotak 811 App?
1. If you want a zero-balance savings account (basic)
2. If you want to be free from visiting a bank branch for your account
3. If you want a great app to track expenses
Eligibility Criteria for Kotak 811
Age: 18+
Should be an Indian resident
Aadhaar Card PAN Card
Get the Kotak 811 App Now
100% digital savings account
Free virtual debit card
Instant processing
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