Welcome to the future of mobile banking! The Kotak 811 bank account packages the entire digital banking ecosystem into your smartphone. Get best deals on shopping, travel, entertainment and meet all your banking/investment needs on the move with just a few clicks on Kotak Mahindra mobile app.
Instant Account Opening
No visiting any bank branch or leaving your home. Just open your Kotak 811 account on smartphone or through a browser in an instant and quickly log in to the world of seamless digital banking.
No minimum balance commitment
Worried about paying charges for low balance in your account? Now enjoy no minimum balance commitment on your Kotak 811 bank account and experience true financial freedom.
Earn 4%* Interest Rate per annum
Earn 4%* interest annually on your account balance and let your bank account earn more money while you work or play!
ActivMoney## Auto Sweep in Facility
Want to earn higher interest of a fixed deposit (FD)? Set your sweep-in and sweep-out limit and see your funds being converted into an FD immediately.
- Avail higher interest rate through funds converted into Fixed Deposit. For details of the fixed deposit interest rate, click here.
- Eliminate the need to track your funds regularly and give instructions to the Bank for Fixed Deposit creation
- Greater flexibility and liquidity as the funds flow back into your savings account when required
To enable ActivMoney for your 811 account, visit your nearest branch or call our call centre at 1860 266 0811**
Banking solutions at a single touch
Now you can open your investment account or book TD /RD in a single click from 811 Mobile banking app. You can also request for Chequebook, transfer funds or walk into a branch for cash transactions and enjoy many more benefits of a savings account^^
Virtual Debit Card
The Debit Card is no more plastic with 811. It's a Virtual Debit Card, shrunk to fit in your mobile. Check the card details within the safety of your app and use it to make online payments like Shopping, paying bills or recharging mobile / DTH, in few taps.
Scan and Pay***
You don’t need cash or cards to make payments. Now paying has become simpler with the Scan & Pay feature. With this pay for all you’re shopping, movies, groceries, and much more
Shop, Travel, and More^
No need for multiple apps on your phone when you have the Kotak Mobile Banking App. Go to the Kaymall section shop on Flipkart, subscribe to national/international magazines, book your flight and hotels on Goibibo or train tickets^ on IRCTC at the best rates all with your Kotak 811 account.
You can now open Kotak 811 account by downloading the Kotak mobile banking app or just click here and open account instantly.
Know more about thevariantsof 811 Savings Account.
Know more about the how to login to 811 Savings Account
Know more about the811 zero balance savings account
Customers who have opened JifiNeo will now enjoy Kotak 811
W.e.f. Jun 13, 2022, daily balances in Savings Account above Rs. 50 lakhs will earn 4% interest p.a. Daily balances in Savings Account up to Rs. 50 lakhs will continue to earn 3.50% interest p.a. These interest rates are applicable for Resident Accounts only.
^^Features mentioned are available only to customers who have completed their full KYC
**Kindlycall on our new number: 1860 266 0811, for any queries or issues between 9.30amto 6.30pm, Monday to Saturday (except holidays). Local charges apply.
***Scan and Pay at selected in store outlets
^Terms and conditions apply
##This Feature is only available for 811 Full KYC customers. By signing up for this feature, customer agrees to the following Terms & Conditions:
- ActivMoney (Auto Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your 811 Savings Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance in the account, the TD will be broken prematurely and the required amount will be transferred to the Account.
- Default Sweep Out and Sweep In limit are the minimum pre-specified thresholds and one will not be able to opt for limits lower than these. For 811 Full KYC Savings Account the fixed deposit will be made or broken in multiples of Rs.2000/- and the default sweep out and sweep in limits are Rs. 20,000 and Rs. 10,000/- respectively.
- The nomination registered for Saving Account will apply for the FDs created through ActivMoney. If customer opts for ActivMoney in an account, standalone Fixed Deposits cannot be linked to that account. Terms and conditions guiding the fixed deposit will be applicable to fixed deposits booked under ActivMoney.
- Bank may at its absolute discretion, discontinue / suspend any of the services completely or partially with or without any notice to me.
- In case 811 Full KYC customers enabled with ActivMoney facility upgrades to a different product variant, the ActivMoney functionality will be disabled and a fresh request will be required by the customer to renew the same.
