Kotak 811 is a product of Kotak Mahindra bank

Kotak 811 is a product of Kotak Mahindra bank. Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd., the Group's flagship company, received banking license from the Reserve Bank of India, becoming the first non-banking finance company in India to convert into a bank
811 is a new age bank account offered by Kotak Mahindra Bank. You can open a 811 account by downloading the Kotak Mobile Banking App and registering using your Aadhaar number, PAN and other basic details. You can set up a mobile banking PIN and start using your account immediately.

Campaign’s Detail: Kotak811 ofers 6%* interest p.a. on the balance. This is a zero balance savings account with a variety of offers and varients.

Campaign’s Objective: The campaign needs to be promoted on cost per account open module where the validation will be done on successful account open.

Below is the New disclaimer for 811 Savings account. This has come in effect from Nov 1st. Please update all the creatives/mailers wherever required at the earliest.

Anyone using the old disclaimer will be penalized.

Interest on Savings Account balance: 3.50% p.a. up to Rs. 1 lakh | 4% p.a. over Rs. 1 lakh and up to Rs. 5 crores | 3.75% p.a. above Rs. 5 crores. Applicable for Resident Accounts only. The interest rates are subject to change. Visit www.kotak.com for latest information on interest rates.
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