| Index | Savings A/c | Super Savings A/c |
| Monthly deposit - In a single transaction | ₹0 | ₹5,000 |
| Zero balance account | Yes | Yes |
| Annual cashback | ₹0 | Up to ₹6,000* |
| Annual Program fees | ₹0 | ₹300 |
| Digital Fund Transfer - NEFT/RTGS/IMPS | Free | Free |
| Virtual Debit Card | Free | Free |
| Physical Debit Card | VISA Classic ₹299 | VISA Platinum - Free |
| Daily ATM cash withdrawal | ₹25,000 | ₹1 Lakh |
| Cash transaction limit | ₹10,000 or 1 transaction per month | ₹2 Lakhs or 4 transactions per month |
| Dedicated customer support | NA | Yes |
| Cheque book | ₹75 (on request) | One Free / year |
| Up to 7% interest p.a. with ActivMoney^ | Yes | Yes |
| Only Aadhaar & Pan card needed | Yes | Yes |
| Personal accident cover | Up to ₹2 Lakhs | Up to ₹25 Lakhs |
| Purchase protection | Up to ₹50,000 | Up to ₹1 Lakh |
| Air accident cover | NA | Up to ₹50 Lakhs |
| Lost card liability | Up to ₹2.5 Lakhs | Up to ₹3.5 Lakhs |
Apply for Zero Balance Savings Account Online
Kotak Bank Registered Address: 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051
IMPORTANT: Please ensure that you complete your Full KYC within 180 days from account opening to enjoy uninterrupted services at all times. If Full KYC is not completed within 180 days from account opening, your account will be blocked from transactions. However, you would still be able to complete your Full KYC and resume banking easily. If Full KYC is not completed within 365 days from account opening, your account will expire permanently with no possibility of reactivation.
Aadhaar Disclaimer: Providing Aadhaar is voluntary. Scan and Pay through your Kotak Mobile Banking App at select in-store outlets.
^ActivMoney Disclaimer: Liquidated Dep2 for ₹25, 000 and liquidated in part for ₹15,000 from Dep1 to honour the cheque of ₹40, 000 as breaking of FD is done in multiples of ₹5,000. Dep2 will earn interest for 15 days at the applicable rate without penalty (on LIFO basis) as it exceeds 7 days which is minimum period required to be eligible for interest and ₹15,000 liquidated from Dep1 would earn eligible interest for 16 days. Returns calculated in above image is for 360 days only.
Applicable for Resident Indian Individuals only w.e.f. Oct 17, 2024, daily balances in Savings Account above ₹50 lakhs will earn 4% interest p.a. Daily balances in Savings Account above ₹5 lakhs, will earn 3.50% interest p.a. Daily balances in Savings Account up to ₹5 lakhs will earn 3% interest p.a. These interest rates are applicable for Resident Accounts only. Issuance of credit cards is at the sole discretion of Kotak Mahindra Bank Limited.