Kotak 811 Saving Account
Offered by Kotak Mahindra Bank Limited
Kotak811 is a zero-balance digital savings account from Kotak Mahindra Bank that is opened online with Aadhaar, PAN and Video KYC. It suits people who want a savings account with no minimum balance requirement and mainly bank through the mobile app.
Interest rate earned
2.5% – 4% p.a.
Best for
First-time, app-first savers
As of 9 Nov 2026, from the bank's official website. Final terms depend on your profile.
Check eligibility & apply →Key benefits
- Zero average monthly balance; no non-maintenance charge
- One-time funding of ₹2,000 during account opening, which can be withdrawn
- Free virtual debit card; physical debit card ₹399
- Free NEFT, RTGS and IMPS transfers
- Daily ATM cash withdrawal up to ₹25,000; cash transactions limited to ₹10,000 or 1 transaction per month
- Interest of up to 4% p.a., depending on balance
Best for
First-time, app-first savers
Pros
- No minimum balance requirement
- Fully digital opening
- Free digital fund transfers
Cons
- Physical debit card costs ₹399
- Low cash transaction and ATM limits
- Not available to existing or former Kotak customers
Eligibility
- 18 years of age or above
- Resident of India with an Indian address
- Valid Aadhaar and PAN
- Not a current or former customer of Kotak Mahindra Bank
Documents required
- PAN card
- Aadhaar card linked to mobile number for OTP verification
- Video KYC
Frequently asked questions
Is there a minimum balance?
No. Kotak811 has a zero average monthly balance requirement. You deposit ₹2,000 during opening, which you can withdraw anytime.
What interest does it earn?
Kotak811 earns interest of up to 4% p.a.; the rate depends on your balance.
How do I open a Kotak811 account?
Enter your details in the Kotak811 app or account opening page, complete OTP authentication and Video KYC, then deposit ₹2,000 to activate the account.
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- Airtel Payments Bank Saving AccountDigital payments and small balances
ClickPe is a financial marketplace and Digital Lending Service Provider. This product is offered by Kotak Mahindra Bank Limited, which makes the final decision on your application. Using ClickPe is free; we may receive a commission if your application is approved.