Kotak 811 Full Kyc Account Zero Balance Opening Online – To open a bank account online or offline isn’t easy . You have to first arrange for all KYC Documents , provide multiple declarations to the bank , consider for the minimum balance requirements of the bank . While banks like Punjab National Bank and State Bank of India offers account opening service online but the final verification to make the account operational is done through the bank official branches only . The account opener has to visit the nearby branch to deposit the documents and operate his bank account .
Considering the demand of a lakhs of depositors and for promoting faster payments , Kotak Mahindra bank came up with a solution of digital bank account opening with Kotak Bank Online . The service was named as Kotak 811 Zero balance account with which people can open their online savings account at no cost and without visiting any bank branch . If you want to know how you can apply for a zero balance bank account online with Kotak 811 Account opening service , then read this article carefully .
How to open bank account with Zero balance online ?
To open a free zero balance bank account online their are multiple bank options like opening online bank account with bank of baroda , IDFC First bank , Kotak Mahindra 811 Account , ICICI Zero balance bank account or HDFC zero balance bank account . While most of the government banks offer digital account opening service like Union bank zero balance account opening , Canara bank account opening online etc but the final verification or the paper work is done in a nearby bank branch .
Opening a zero balance bank account requires a minimum deposit amount of Rs 500 as per policy of the bank and KYC Documents including Aadhaar Card , PAN Card , Address Proof , Passport size photograph , specimen of the signature of the applicant and other documents as asked on the banking website . Most of the banks offer a free zero balance bank account with debit card and checkbook options while some charge for the debit card application or checkbook over 10 leafs .
What is Kotak Mahindra 811 Account Opening Service?
With Kotak 811 Account opening service online , you can open your free zero balance bank account online without much formalities and paperwork . Kotak 811 account opening service is considered as one of the most trusted banking service online . You can apply for digital savings bank account as per your needs in the 811 Kotak account opening service .
Unlike , other banks offering lame banking services Kotak 811 Account provides you the highest interest rate on your savings which on daily balance maintenance requirement of Kotak 811 is upto 4 percent per annum . With kotal savings bank account you can start making payments online , save money in your digital bank account , receive salaries or payments from your friends or relatives or can automate your bill payments online .
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What benefits of Kotak Mahindra 811 Account you receive online ?
Opening a zero balance account with Kotak 811 service you get to receive many digital payment and banking service benefits compared to other banks . With 811 Kotak Full KYC Account you can apply for the following benefits :
- A virtual or a physical debit card at your home or smartphone .
- Fastest processing of payments and receipts .
- Access to your banking options through Kotak 811 App.
- Access to all saving account features without paper KYC .
- No annual fees and maintenance charges on credit card .
When full KYC Kotak 811 account is opened you can transact without any limits through your digital bank account online.
How to do full KYC Kotak 811 Account Online ?
To prevent digital frauds or scams with the bank account , Kotak 811 service assures that customer completes his full KYC in order to run his savings bank account with unlimited transactions features . Holder of a KYC Kotak 811 account has to do full KYC by either visiting the nearby bank branch of Kotak or by scheduling an appointment with the banking official at +91 2233067171 .
If you are holding a Kotak limited KYC Account and login credentials for your app , then you can book an appointment online through the app by going to app > 811 Section > Book Appointment .
The Kotak banking agent will come at the provided address and will complete the entire verification process. The holder should have to keep the Aadhaar and PAN Card ready for the verification .
What is Kotak 811 Lite and Kotak 811 Joint Account ?
Opening for digital savings account online with zero balance comes with multiple variants from Kotak 811 service where you can choose an account to be opened online as per your needs . The key variants offered by Kotak 811 bank for zero balance online account opening include :
- Kotak 811 Lite – Limit Upto 10000 per month and no physical document (debit card or passbook etc ) all access through the Kotak 811 App .
- Kotak 811 Full Kyc Account – The account can be accessed from the Kotak 811 App and requires full KYC from the applicant .
- Kotak 811 Edge – Savings bank account with Platinum Debit card and home banking options minimum balance 10000 per month required ).
- Kotak Family Saving Account / Kotak 811 Joint Account – Savings account can be opened with a family member online with 811 account opening service online with same format as an Individual applicant .
What is the minimum balance requirement of Kotak 811 Bank Account online ?
Their is no minimum balance requirement in any of the Zero balance 811 Kotak bank account. You can start opening a bank account online with physical debit card and passbook options . In order to do more transactions above Rs 10000 , you can complete your KYC with visiting the bank branch or home agent visit.
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Can you open Kotak 811 Account without PAN Card or Salary Account with Kotal 811 ?
Yes , Kotak 811 Zero balance account can be used to receive salary from your company and can be operated a as a salary account . The company offers amazing credit card and cashback options for those using Kotak services for salary purposes or shopping purposes .