Aside from regular features while offering like cashbacks and discounts, Kotak Bank have actually additionally appear with special checking account programmes designed especially for ladies, young ones, older persons, working experts and also for the family that is entire. Please offer us by having a details that are few to meet your needs to ensure that we could discover the most appropriate family savings to generally meet your banking requirements.
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Junior Family Savings
Many kids begin understanding cash and cost savings much before we think they are doing. Kotak Mahindra Bank (KMB) therefore designed a unique savings bank-account for kids ‘Kotak Junior’ to encourage them to truly save wisely from a very early age. The account is sold with the benefit of 4% interest and many unique features like, a primary of the sort membership card for young ones, and rewards programme which interest the moms and dad in addition to son or daughter.
WomenвЂ™s checking account
Ladies’ payday loans North Dakota Savings Account by Kotak Bank empowers today’s girl with economic liberty and simplified banking solutions. Kotak Silk celebrates the bold and unconventional choices made by ladies. HereвЂ™s an inspirational movie that salutes ladies who have the courage to split stereotypes and select the path that is unconventional.
Buy Debit card and Enjoy Additional Offers and Advantages on the checking account at Kotak
Wish to increase your savings? Start a FD on the web with a high rates of interest at Kotak Bank
To start a Demat Account, take a look at our Demat Account part.
Day-to-day balances in Savings Account as much as Rs. 1 lakh continue steadily to make 3.50% p.a. interest. W.e.f. Dec 11, 2020, interest of 4% p.a. may be relevant on day-to-day balances in checking account over Rs. 1 lakh or more to Rs. 1 crore while rate of interest on day-to-day balances in checking account above Rs. 1 crore stands revised at 3.50per cent p.a. These interest levels can be applied for Resident reports just.
Example: If End of Day checking account stability is Rs. 1,50,000, then Rs. 1,00,000 will make interest of 3.50per cent p.a. and Rs. 50,000 (being the balance more than Rs. 1,00,000), will make interest of 4.00per cent p.a.
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