Is Kotak 811 Good?

Is Kotak 811 account good?

The process was seamless and you need only your PAN card and Aadhaar card to open the savings account.

You get instant access to a virtual debit card on your 811 account opening.

You can deposit money online and use the card immediately..

Is Kotak Mahindra a safe bank?

“We assure you that the Kotak Mahindra Bank is a financially strong, well-capitalised bank with strong risk and corporate governance framework. Your deposits with us are absolutely safe”. … Our bank always acts in accordance with the prevailing law and regulations.

Is Kotak 811 a zero balance account?

Kotak 811 is a zero balance saving account. This means that you don’t have to pay any penalties for not maintaining a minimum balance. In fact, you don’t have to maintain an average balance.

What is the maximum limit of Kotak 811 account?

Account RestrictionsKotak 811 Limited KYCKotak 811 LiteTotal cumulative credits AllowedRs.2,00,000 in a yearRs.10,000 in a calendar month & Rs 1,00,000 in a financial yearMaximum Balance allowed at any given point of timeRs.1,00,000Rs.10,000 in a calendar monthTime limit to complete your Full KYC12 months12 months

How many days it will take to get Passbook?

Ask for an application form. Fill it and attach copies of your identity cards like aadhaar, pan, DOB certificate and passport size photographs and pay a minimum balance that is required for your account and submit them to the counter. It may take two or three days for you to get your Passbook and other details.

Which savings account is best?

NerdWallet’s Best Savings Accounts of December 2020Nationwide My Savings: 0.40% APY.Sallie Mae Bank High-Yield Savings Account: 0.50% APY.HSBC Direct Savings: 0.15% APY.FNBO Direct Online Savings Account: 0.50% APY.Citizens Access Online Savings Account: 0.50% APY.Barclays Online Savings Account: 0.45% APY.More items…•

What is the interest rate for Kotak 811?

Kotak 811 Interest Rates811 Account BalanceRate of InterestUp to Rs. 1 lakh3.50% p.a.Above Rs. 1 lakh4.00% p.a.Oct 6, 2020

Which bank has highest FD interest rate?

IndusInd BankBest FD Interest Rates in IndiaFD TenureHighest FD RateBanks with highest FD rate1 year FD7.00%IndusInd Bank2 year FD7.00%IndusInd Bank, Jana Small Finance Bank3 year FD7.50%Jana Small Finance Bank5 year FD7.00%Jana Small Finance Bank

Which bank is good axis or Kotak?

Employee Ratings. Axis Bank scored higher in 2 areas: Career Opportunities and Compensation & Benefits. Kotak Mahindra scored higher in 3 areas: Senior Management, CEO Approval and Positive Business Outlook. Both tied in 4 areas: Overall Rating, Work-life balance, Culture & Values and % Recommend to a friend.

What is the difference between Kotak 811 and normal account?

Kotak 811 Edge is a savings account which brings you the best of Kotak 811 and our regular accounts. This account requires a minimum balance of Rs. 10,000. Kotak 811 Edge comes with a Platinum Chip Debit Card, high free transaction limits, free transactions on all Kotak ATMs and many more perks.

Does Kotak 811 provide Passbook?

Kotak 811 passbook apply online in 5 minutes. Kotak Bank provides various banking services in India. … Also, Kotak 811 online account holder doesn’t get a passbook facility. All such customers can apply for Kotak bank passbook request online sitting from your home.

Which bank is highest paying interest?

Fixed Deposit Interest Rates by Different BanksBankTenureInterest rateICICI Bank7 days to 10 years4% to 7.25%Punjab National Bank7 days to 10 years5.70% to 6.85%HDFC Bank7 days to 10 years3.5% to 7.40%Axis Bank7 days to 10 years3.5% to 7.25%2 more rows

Which bank has zero balance?

Latest Interest Rate for Zero Balance Savings AccountBankName of zero-balance savings accountInterest rateStandard Chartered BankBasic Banking Account0.5% to 4.90%HDFC BankBasic Savings Bank Deposit Account3.50% to 4%Axis BankBasic Savings Account3.50% to 4%ICICI BankBasic Savings Account3.50% to 4%5 more rows

How do I get Kotak 811 passbook?

You can visit the nearest branch of Kotak Mahindra Bank to collect the passbook for your account. To know your nearest branch click here. In case of any urgent help required, please contact us on contact centre.

Which Kotak account is best?

Kotak 811 Edge Digital Bank Account Kotak 811 Edge is a savings account which brings you the best of Kotak 811 and Kotak’s regular savings accounts. This account requires a minimum balance of Rs. 10,000.