Table of Contents
- 1 How can I close my Kotak Mahindra salary account?
- 2 What is non maintenance charges in Kotak Mahindra Bank?
- 3 How can I convert my Kotak account to zero balance?
- 4 Can I convert my salary account to savings account?
- 5 What is Kotak Mahindra Bank Platina salary account?
- 6 Should I continue my savings account with Kotak Bank?
How can I close my Kotak Mahindra salary account?
Answers
- Download the account closure form and print it out.
- If you have any dues or the outstanding fees then you have to keep that amount ready.
- Sign the form.
- Visit the branch and ask the account manager or the PR person in the branch.
- Get the necessary signature of the person on the form.
What is non maintenance charges in Kotak Mahindra Bank?
Charges for non maintenance of minimum monthly average balance. 5\% of the shortfall in required AMB per month. Fund Transfers. NEFT / RTGS / Fund Transfer (Through Netbanking / Mobile Banking) Nil.
Can I close my salary account?
The salary account is not closed by the bank automatically. They are not permitted to close the account unless you request for the same. Banks can only freeze the accounts if there are no transactions in the account for a particular period.
How can I convert my Kotak account to zero balance?
Visit the nearest Kotak Mahindra Bank branch to convert your account to a full KYC account as the procedure includes in-person verification. To book an appointment with a bank representative, log into your mobile banking app or call the bank customer care at 1860 266 2666.
Can I convert my salary account to savings account?
In case of a job change, the salary account is converted automatically to a savings account if no salary is credited to the account for more than 3 months. Moreover, once the salary account is converted into a savings account, the benefits related to the salary account are no longer offered.
What happens if SALARY is not credited in Kotak Bank salary account?
When your salary is not credited in your kotak bank salary account for period of 2 months it gets automatically converted in to edge savings account in which you have to maintain 10000 pm,if you does not maintain such Ammount bank levy changes for non maintenance pm. , Deep interest. Student and practioner You should see the charges directory .
What is Kotak Mahindra Bank Platina salary account?
Kotak Mahindra Bank provides Platina Salary Account that comes with the features and benefits of premium banking. Platina Salary Account from Kotak Mahindra Bank is a no strings attached zero balance savings account. You can earn up to 6\% p.a. interest on your savings account balance over Rs 1 lakhs and up to Rs 1 crore.
Should I continue my savings account with Kotak Bank?
However, since the bank mentioned is Kotak which offers a higher rate on savings accounts than other banks, you may want to consider the benefits. If there is a locker, FD, online trading account or loan that you have availed from the bank, you might as well continue the savings account for operational convenience. Looking to retire comfortably?
What are the requirements to open Kotak 811?
Customers need to provide Aadhaar number and PAN to open the Kotak 811 almost instantly. Video KYC process lets customers to open a full-fledged savings account without any restrictions within 8 hours.