With time and technology the banking industry has seen considerable changes. After the introduction & widespread distribution of smart phones and data enabled SIM cards, every individual has got a hang of getting things done from their phone. This need of the hour has surely compelled consumer banks to adopt the digitization module for their business structure, and develop new products like Digital Savings Account, Internet Banking, Mobile or App based banking.
A digital savings account is your good old bank account but in a totally new avatar. Now, you don’t have to visit a bank to open a savings account. Just visit the bank’s website or download the app. Select the account and you are good to go. Some banks have really upped their game to provide digital savings account with maximum benefits.
The Kotak811 digital savings account is a convenient way to open a savings account from anywhere totally paperless.
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