Zero Balance Savings Account

Kotak 811 Zero Balance Savings Account

Completely online opening process
Get up to 7%* interest p.a. with ActivMoney
Paperless Process – no paperwork, no hassle!
Instant Virtual Debit Card & Credit Card Against FD
No charges for non-maintenance of balance
24/7 access through the Kotak 811 App and Internet Banking
Free digital transactions like NEFT, IMPS, UPI, Pay your contact, Scan & Pay

Account Opening – Free
Non-maintenance – No charge
Average Monthly Balance – Zero
Debit card virtual – free
Funds Transfer – NEFT / RTGS (Nil Charges) / IMPS (Through Internet & Mobile Banking)
Annual Fee – Nil
Physical Debit Card – ₹299
Image Debit Card – A onetime image fee of ₹235 and an annual fee of ₹299 inclusive of all taxes.
Card Replacement Fee – ₹299
Foreign Exchange Mark-up – Fee 3.5%
ATM Charges (after free transactions)
- For Financial Transactions: Rs.21
- For Non-Financial Transactions: Rs.8.50 on domestic ATMs of other banks

No minimum average balance: Make the most with no monthly average balance maintenance requirement.
Paperless account opening process: Choose the convenience of opening a zero balance account online within a few minutes – anytime, anywhere.
Additional benefits: A free virtual debit card, plus cash and cheque deposits at the bank’s branch.
Digital payments: Make digital payments easily using NEFT, UPI and Scan & Pay.

Use the Kotak811 App or the Website.

Paperless verification and minimal documentation