We are going to talk about Kotak Mahindra Bank Zero Balance Account open online in this article . And with friends, we will tell you the complete step by step process that how you can open your zero balance account inside Kotak Mahindra Bank, so let us know.
If you open zero balance account in kotak mahindra bank then you will get free savings account as well. You will get free virtual VISA debit card . Which you can use anywhere for online transaction. And International Transaction can also be done with its help. And you will get many many benefits from it.
So we are going to tell you about how you can open zero balance bank account sitting at home.
Kotak Mahindra Bank Zero Balance Account open online
Step 1: We have to open zero balance bank account online, for this we have to first go to Kotak Mahindra’s website
Step 2: After opening the website of Kotak 811, a page like this will open in front of you, in which you have to enter your Name, Mobile Number and Email Id and click on both the check boxes And then click on Open Now.
Step 3: Now an OTP will come on the mobile number you have entered, put it here and click on Next.
Step 4: After this a page like this will open on your mobile screen where you have to click on Yes
Step 5: After this you have to enter your PAN card and Aadhar card numbers. And then clicking on Next. And for terms and conditions, click on continue.
Step 6: Now an OTP will come on the mobile number linked to your Aadhaar card. Fill it here and click on next.
Step 7: Now it will automatically take the address linked with Aadhaar. After this you have to click on continue.
Step 8: Now you have to fill your personal details like name, address, date of birth, father’s name, occupation etc. And click on Next.
Step 9: Nominee details
Step 10: Now whatever information you have entered has to be checked once again. If all the information is correct then you can click on Continue. And if you want to edit something, then by doing that you can click on continue.
Step 11: After this you will be asked how you want to get KYC done. In this, you go to your home branch or the address at which you want to call the kyc agent. Enter that address and click on next.
Step 12: Now you have to create Password for Net Banking and Mobile Banking.
What are the benefits of Kotak Mahindra Bank Zero Balance Account open online (benefits of kotak 811 account)
The first advantage of this Kotak Mahindra Zero Balance Bank Account is that for this you do not need to deposit a single rupee inside the bank, it will open your account only inside Zero Balance.
- You can open this bank account online from home
- Your savings bank account will open with Kotak 811 zero balance account
- Inside this, you will also get a free virtual debit card and if you want to get a physical debit card, then you will have to pay for it.
- With this you get Visa Debit Card with the help of which you can do national transactions as well as international transactions.
- In this, you do not have to maintain monthly bank balance.
- In this, you get the facility of both internet banking and mobile banking.
- You can also transfer money from a contact number using the Kotak 811 mobile app.
How to fill the form of Kotak Mahindra Bank?
If you do not want to open a zero balance account inside Kotak Mahindra online and you want to open your zero balance account by visiting the nearest branch of Kotak Mahindra yourself. So for this you will have to fill a form in which you will have to take your personal details like your name, address, phone number, Aadhaar card number, PAN card number and all the original documents and their photocopies along with you.
After filling the form, you have to submit the photocopies of all the necessary documents asked by the bank along with the form.
What is Kotak 811 savings account interest rate?
You open your savings account in any bank and when you deposit money in your savings account, you get interest on those money. Which is called saving account interest rate. The savings account interest rate of all banks is different. Here the interest rate of kotak 811 savings account is something like this.
811 ACCOUNT BALANCE (BALANCE OF ACCOUNT)RATE OF INTEREST up to Rs.1 lakh 3.50% p.a. & above Rs.1 lakh 4.00% p.a.
As mentioned in this table, if the balance of your bank account is 1 lakh or more, then you will get 3.5% interest on it, and if the bank balance is above 1 lakh, then you will get 4.00% interest on it.
Kotak 811 credit card eligibility
You must have an 811 digital savings account to avail Kotak 811 Credit Card. And after this, you will have to make a fixed deposit of minimum ₹ 15,000, if you want, you can make a fixed deposit of more than ₹ 15,000. The higher the fd, the more credit card limit will be given to you accordingly.
Kotak mahindra zero balance account debit card
When you open your bank account with Kotak 811, you get a zero balance savings account for free. But at the same time virtual debit card is also available for free. Which you can do online transaction anywhere because you get visa card, because of this you can do international transaction very easily.
And if you want to order physical debit card at home, then you will have to pay Rs.199/- + taxes for this.
kotak mahindra bank zero balance account opening online
FAQ related to kotak mahindra bank zero balance account
Q.1 What is Kotak Mahindra Customer Care Number?
Ans : Kotak Mahindra Customer Care Number 1860 266 0811
Q.2 In how many days does Kotak Mahindra Bank ATM arrive?
Ans : If you have applied for online debit card (ATM card) etc in kotak mahindra bank then you will get it in 7 working days of applying.
Q.3 Can we use two bank account in kotak monile app ?
Ans : If you want to run 2 kotak mahindra accounts in your mobile. So for this you have to logout the first account to run the second account. Then after this you can very easily run 2 accounts in one phone by logging in to the other account.
Q.4 How much does it take to open an account in Kotak Mahindra Bank?
Ans : You can open your savings bank account with zero balance absolutely free in Kotak Mahindra Bank. That too sitting at home online.
Q.5 What should be the minimum balance in Kotak 811?
Ans: Zero , your bank account will continue to operate even if you keep the balance.
Q.6 What are the Kotak Mahindra Bank Account Opening Charges?
Ans: Kotak Mahindra Bank has zero account opening charges. That is, you can open kotak 811 account absolutely free of cost.
Q.7 How to open online zero balance account?
Ans: To open an online bank account in any bank, you have to go to that bank’s website or mobile app and select your account type and fill the details that will be asked.
If you want to know the process of kotak mahindra bank account opening online then we have explained it step by step.
Conclusion:-
In this article, we have learned about kotak mahindra bank zero balance account account open online process in detail. You can very easily open your zero balance account in kotak mahindra bank by following all the steps mentioned in this article. You do not have to maintain any kind of monthly balance in this zero balance account.
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