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How to Open Kotak 811 Account?

Updated on June 11, 2024 , 36679 views

When you look forward to opening a Savings Account, the restrictions of maintaining a certain amount of balance usually leads to troubles. After all, it doesn’t seem to be a possibility for everybody to maintain the balance, right?

Kotak 811

To avert this exact problem, zero balance accounts turn out to be the rescuers. Basically, such accounts don’t pose any limitations in terms of the balance that you have to maintain. Although a variety of banks offer this Facility, Kotak 811 account stands out from the rest.

With the ease of opening this account within a few minutes, it comes in four different variants. And as far as the interest rate is concerned, it can go anywhere from 4% to 6% PA based on the amount available in the account.

Basically, this one is for single users; however, it offers several sorts of digital services. In this post, let’s delve into this account and understand more about the same.

Variants of Kotak 811

There are four major types of Kotak 811 that you can find, such as:

1. 811 Limited KYC

  • Provides virtual and physical debit cards
  • Cash or cheque deposits available
  • No withdrawal via cash or cheque
  • No cheque book available

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2. 811 Lite

  • No virtual or physical Debit Card available
  • Cash deposits available
  • No cheque book available
  • No fund transfer facility available

3. 811 Full KYC Account

  • Free virtual debit card and the physical one available at Rs. 199 PA
  • Cheque book is available upon request
  • Cash and cheques deposits and withdrawals available
  • No limits on monthly or annually amount

4. 811 Edge

  • No virtual debit card but a platinum debit card available at Rs. 150 PA
  • Fund transfer available through RTGS, IMPS and NEFT
  • Cheques and cash deposits and withdrawals available
  • Cheque book is available by Default

In the table mentioned below, find out more about what gets covered under each of these variants:

Features 811 Limited KYC 811 Lite 811 Full KYC Account 811 Edge
Minimum Monthly Balance Nil Nil Nil Rs. 10,000
Kotak 811 Interest Rate 4% - 6% p.a. Nil 4% - 6% p.a 4% - 6% p.a
Validity 12 months 12 months NA NA
Credit Per Year (Max) Rs. 2 lakhs Rs. 1 lakh Unlimited Unlimited
Kotak 811 Debit Card Rs. 199 p.a. NA Rs. 199 p.a. Rs. 150 p.a.

Kotak 811 Account Opening

Opening this account is one of the easiest processes. Simply follow these steps, and you will be done:

  • Visit play store in your android device
  • Search for Kotak Mobile Banking App and download it
  • You can then register using your PAN number, Aadhaar number, and other required details
  • Set up the mobile banking PIN and complete your Kotak 811 login

And thus, you can begin using your account instantly.

Kotak 811 Account Eligibility

  • The minimum age should be at least 18 years or more
  • You should be the Indian citizen
  • You should be a new customer of Kotak Mahindra Bank

Documents Required to Open 811 Account

Additional Charges and Fees

If you wish to avail additional services from this Kotak zero balance account, there are extra charges that you would have to pay. The below-mentioned table will help clear out the doubts:

Services Charges
Classic Debit Card Annual Fees Rs. 299
Debit Card Replacement Charges Rs. 299
Cash Transaction Charges Transaction up to Rs. 10,000 is free per month; after that, charges of Rs. 3.50 per Rs. 1000 cash deposit
ATM Transactions Up to 5 transactions free every month; after that Rs. 20 per transaction for financial and Rs. 8.50 per transaction for non-financial

Kotak 811 Customer Care Number

Kotak customer care number is 1860 266 2666. For any 811 related queries, you can dial 1860 266 0811 between 9:30 a.m. to 6:30 p.m. from Monday to Saturday.

A dedicated 24* 7 toll-free number 1800 209 0000 is also available for any fraud or unauthorized transaction queries.


Opening Kotak 811 account is one of the simplest processes that doesn’t come with any hurdles. Therefore, dig deeper and find out more relevant information regarding each of these variants and find the one that suits your requirements.

All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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