Kotak 811 Zero Balance Account Opening Instantly | No Opening Charge | No Submit Physical Document

My dear friends, I wish you had a zero balance account in a private bank. Here is some great information for you to open a new Kotak 811 zero balance account Opening of Kotak Mahindra Bank online.

Did you know that Kotak Bank’s Zero Balance Account Opening Method is very simple? you can open your Zero Balance Account in just 15 minutes.

Kotak 811 is a digital product of Kotak Mahindra bank known as a digital zero balance savings account.

There are many private banks that have a minimum balance of ten thousand for opening a savings account but there is no such provision as Kotak 811.

Kotak 811 saving account Overview

Kotak 811 is a digital zero balance account that can be opened online by anyone.

This account is for resident Indian persons only. Kotak 811 zero balance account digital savings account lets you apply for a zero balance account or 811 digital savings account depending on your need which serves as the one-stop solution in all your financial needs and daily transactions.

Kotak 811 zero balance saving account Features and Benefits

Kotak 811 LIte Features and Benefits

1. No minimum monthly balance is required
2. Does not offered a physical as well as a virtual debit card
3. The deposit limit is Rs.10000 per month or one lakh rupees per year
4. No interest is paid on the deposit in this account
5. No one is offered with this account
6. Fund transfer is not facilitated
7. If the full KYC of your account is not completed then this account is valid for 12 months from the date of opening.

Kotak 811 Limited KYC Features and Benefits

1. No minimum monthly balance is required
2. You will be offered a physical as well as a virtual debit card
3. You can deposit up to two lakh rupees during the whole year
4. You can also make a deposit by check or cash
5. No cheques of any kind are offered with this account
6. Only IMPS and NEFT transfers are allowed
7. If the full KYC of your account is not completed then this account is valid for 12 months from the date of opening.

Kotak 811 Full KYC Features and Benefits

1. No minimum monthly balance is required
2. You will be offered a physical debit card at Rs.199 P.A. as well as a free virtual debit card
3. There is no limit on the amount that can be deposited monthly or annually
4. You can also make a deposit or withdrawl by check or cash
5. A check is issued for this account when requested
6. Only IMPS and NEFT transfers are allowed
7. If the full KYC of your account is completed then this account is valid for life time.

Kotak 811 EDGE Features and Benefits

• You must know a minimum monthly account balance of Rs. 10,000.
• Comes with Platinum Debit Card which is Rs 150 and does not come with Virtual Debit Card.
• There is no limit on funds that can be credited to the account.
• Funds can be transferred using NEFT, IMPS, and RTGS.
• Withdrawals and fatigue deposits can be made using checks and cash.
• The check for the account is provided by default.
• There are no restrictions on account validation.

Document Required For Kotak 811 Zero Balance Account

The following supporting documents are to be submitted to apply for Kotak Mahindra Bank 811 Savings Account:

• PAN card (mandatory)
• Aadhar card

How to Open Kotak 811 Zero Balance Account Step By Step

Step 1: Visit http://educationorjob.com/kotak-811-zero-balance-account then read about Kotak 811 zero balance accounts and then click in this article click open Kotak 811 balance account.

Step 2: You will then enter your full name, mobile number, and e-mail ID and click on Open. Before that, you will check that you are not a politician and you are an Indian citizen.

Step 3: In the next step, you can forward it by entering it from the OTP on your mobile number

Step 4: This type of message will then appear opposite Do you agree to voluntarily use your Aadhaar details to open your Kotak 811 account?

Step 5: This means Using your Aadhaar details you get it directly from an 811 digital bank account with a virtual debit card and other banking features.

Step 6: Then you have to enter your PAN card number and Aadhaar card number.

Step 7: And then you will get OTP on the mobile number linked with the Aadhar card. You can confirm by entering OTP.

Step 8: In the next step, you will set up your mobile banking pin internet banking password.

Step 9: After completing all these processes you will see your account number IFSC code and a congratulatory message will appear in front of you in which your Kotak 811 accounts will be opened in zero balance.

Eligibility For Kotak 811 Zero Balance Account

To apply for Kotak Mahindra Bank 811 Savings Account you must meet the following eligibility criteria:

• Applicants must be at least 18 years of age or older.
• The applicant must be a citizen of India.
• The applicant must be a new customer of Kotak Mahindra Bank.

Fees and Charges of Kotak 811 Zero Balance Account

FAQ on Kotak 811 Zero Balance Account Opening

How can I login on Kotak 811?

You can log in to Kotak 811 by entering your CRN and MPIN which you choose during the account opening process.

Can I apply for a Kotak 811 Account without an Aadhaar number?

Yes, you can open an 811 Lite account by providing your PAN and some other details. However, there are several restrictions on the Lite account. You can complete the full KYC to remove the restrictions and convert the Lite account to a full savings account.

I am a student. Can I open a Kotak 811 Account?

If you are an Indian resident, above 18 years of age and you have a PAN card, you can open a Kotak 811 account.