Skip to content

ProfoundAdvice

Answers to all questions

Menu
  • Home
  • Trendy
  • Most popular
  • Helpful tips
  • Life
  • FAQ
  • Blog
  • Contacts
Menu

Is it safe to open an account in Kotak Mahindra Bank?

Posted on January 13, 2020 by Author

Table of Contents

  • 1 Is it safe to open an account in Kotak Mahindra Bank?
  • 2 Is it good to have account in Kotak Mahindra Bank?
  • 3 What is the limit of Kotak 811 account?
  • 4 What is the rating of Kotak Mahindra Bank?
  • 5 Which Kotak salary account is best?
  • 6 Is Kotak 811 account good?
  • 7 Is Kotak Mahindra good for job?
  • 8 How good is Kotak Mahindra Bank for salary account?
  • 9 Is there any trial of 0\% charge to open Kotak account?
  • 10 What are the payment options available in Kotak ASBA?

Is it safe to open an account in Kotak Mahindra Bank?

There are numerous benefits to opening a Kotak Mahindra Bank Savings Account. There is no volatility involved in savings bank accounts, hence they are a safe form of investment. Your money will earn interest as it lies there waiting to be invested.

Is it good to have account in Kotak Mahindra Bank?

This bank has a very good customer service and i got this credit card offer directly through bank only. 0.5 4.0/5 “Great!” I maintain my savings account with KOTAK bank for more than 2 years. There is no hidden charges in this bank.

What is the benefit of Kotak 811 account?

Kotak 811 Edge is a savings account which brings you the best of Kotak 811 and our regular accounts. This account requires a minimum balance of Rs. 10,000. Kotak 811 Edge comes with a Platinum Chip Debit Card, high free transaction limits, free transactions on all Kotak ATMs and many more perks.

READ:   How do I know where my Amazon item is shipped from?

What is the limit of Kotak 811 account?

Account Restrictions Kotak 811 Limited KYC Kotak 811 Lite
Total cumulative credits Allowed Rs.2,00,000 in a year Rs.10,000 in a calendar month & Rs 1,00,000 in a financial year
Maximum Balance allowed at any given point of time Rs.1,00,000 Rs.10,000 in a calendar month
Time limit to complete your Full KYC 12 months 12 months

What is the rating of Kotak Mahindra Bank?

Kotak Mahindra Bank Limited

Instrument / Issuer Rating Amount (in million) Rating
Long Term Issuer Rating IND AAA / Stable
Short Term Issuer Rating IND A1+
Bond 1500 IND AA+ / Stable
Bond 1900 IND AAA / Stable

Is Kotak Mahindra Bank government or private?

Kotak Mahindra Bank becomes 1st scheduled private sector bank to collect direct, indirect taxes.

Which Kotak salary account is best?

Types of Kotak Mahindra Bank Salary Account

Ace Salary Account Features and Benefits
Minimum Balance Requirement Zero balance account
ATM Debit Card Platinum Debit Card
Internet, Mobile and SMS Banking Yes, available
Number of ATM Transactions Allowed Unlimited transactions at all visa ATMs
READ:   Can I upgrade my RAM to 8GB with my Core 2 Duo processor?

Is Kotak 811 account good?

Out of the 4 variants, you should at least open Kotak 811 Limited KYC savings account to earn 4\% interest, use the virtual debit card for online transactions and enjoy zero account balance facility. Kotak 811 Lite account should be the last option, only if you do not have an Aadhaar linked mobile for account opening.

Which is better HDFC Bank or Kotak Mahindra Bank?

Employee Ratings HDFC Bank scored higher in 4 areas: Career Opportunities, Compensation & Benefits, \% Recommend to a friend and Positive Business Outlook. Kotak Mahindra scored higher in 3 areas: Work-life balance, Culture & Values and CEO Approval. Both tied in 2 areas: Overall Rating and Senior Management.

Is Kotak Mahindra good for job?

Best pvt bank for working with good culture but very less salary compared to industry. Best pvt bank for working with good culture but very less salary compared to industry. now day some top management also not behaving well with mid level employees.

How good is Kotak Mahindra Bank for salary account?

Kotak Mahindra bank is maintaining a good rapport with the customer. I have been holding the salary account with the Kotak Mahindra bank for almost 5 years. Its a zero balance account to use. Mobile app is quite good and convenient to use. Rarely i visited their branch and the response was quite prompt.

READ:   Which country has best design colleges?

How good is Kotak Bank for a savings account?

I am holding savings account from KOTAK Bank. This is a salary comes savings so no need to maintain minimum balance. Kotak bank has very good application and there is a no debit card charges. Customer service and response they are giving proper reply. 5.0/5 “Blown Away!”

Is there any trial of 0\% charge to open Kotak account?

I came to know that there is trial of 0\% charge to open a saving account with KOTAK which is 811 app saving account. In which all the process was done through online. I maintain this account more than 2 years.

What are the payment options available in Kotak ASBA?

Demat Account Kotak ASBA Facility National Pension System Bank + Demat + Trading A/c Tax Saving Options Make Payments BillPay & Recharge Kotak Credit Card – Netbanking Kotak Credit Card WebPay – Non Kotak Account FASTag Recharge Loan EMI Payment Retail – Asset Reconstruction

Popular

  • Can DBT and CBT be used together?
  • Why was Bharat Ratna discontinued?
  • What part of the plane generates lift?
  • Which programming language is used in barcode?
  • Can hyperventilation damage your brain?
  • How is ATP made and used in photosynthesis?
  • Can a general surgeon do a cardiothoracic surgery?
  • What is the name of new capital of Andhra Pradesh?
  • What is the difference between platform and station?
  • Do top players play ATP 500?

Pages

  • Contacts
  • Disclaimer
  • Privacy Policy
© 2025 ProfoundAdvice | Powered by Minimalist Blog WordPress Theme
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT