Kotak Mahindra Bank Savings Account Interest Rate

/ Comments off

Kotak 811 is a digital zero balance savings account that you can open online. The online savings account opening process is seamless, zero-contact and barely takes a few minutes. Just keep your PAN card & Aadhaar number handy and complete a few steps to open the instant savings account from the comfort of your home or office.

Kotak mahindra bank saving account fd interest rate

Kotak Mahindra Bank 811 Savings Account Interest Rate

Recurring Deposit (RDs) are very popular investment instruments which allows you to invest a small amount of money and earn interest on it. The investments must be made at regular intervals. Almost all banks across the country offer RDs at attractive interest rates. Various banks and third-party. Dec 11, 2020, interest rate of 4% p.a. Will be applicable on daily balances in Savings Account over Rs. 1 lakh and up to Rs. 1 crore while interest rate on daily balances in Savings Account above Rs. Get CIBIL Score Instantly for Free and Save around INR 4,800 a Year (Only for Wishfin Customers) Instant Personal Loan Quotes from 17 Banks and Get the Best Deal. Savings Account is the oldest and most common form of savings. The reason behind people preferring a savings account over any other form of savings is that here the principal amount is always safe no matter how much interest. Form 49A is the application form for the allotment of Permanent Account Number for Indian residents. Any individual who is a resident of India and wishes to apply for PAN should compulsorily fill the form 49A as it is the application form. It starts earning interest on your money as soon as it is deposited. The interest rate is decided solely by the bank and changes from time to time. Regular interest depends upon the balance of the savings.

Rate

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. However, if you do maintain a balance, you can earn higher than average interest on your savings and explore Fixed Deposits and other investment offers with us.


Kotak Mahindra Bank Savings Account Interest Rate

Kotak 811 is one of the best online savings bank account in India. Your 811 savings bank account is protected by the latest technology and you can open a savings account without any worry.


So, what are you waiting for? Open an online savings account with Kotak 811 and start banking with the best bank for savings account in India.

Open

Kotak Mahindra Bank Nri Savings Account Interest Rates

*Disclaimer

Kotak Mahindra Bank Savings Account Interest RateBank

Scan and Pay through your Kotak Mobile Banking App at select in-store outlets.