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Know How to Open Kotak 811 Online Instantly

Kotak 811 is online, zero balance savings account which is opened instantly. Download Kotak mobile banking app or visit website to open 811 account online.

kotak 811

Kotak 811 is the online zero balance savings bank account of Kotak Mahindra Bank. The banking ecosystem has seen a wave of changes in the last few years. The new, modern day banking, is faster than ever, and operates seamlessly in a digital medium. The entire process is paperless.

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How to Open Kotak 811 Online

How to Open Kotak 811 Account

  1. Add your basic details

    Add your name,phone number and email id. If you are a not a politically exposed person and a tax paying citizen, tick the check boxes.

    Open kotak 811

  2. Verify your phone number

    Enter the OTP that has been sent to your mobile number.

    opening kotak 811

  3. Aadhaar Consent

    In this step, you need to give the consent that you are using your Aadhaar voluntarily. Select Yes if you want to open the account with your Aadhaar details.
    In case you don’t want to use Aadhaar, you can open Kotak 811 Lite.

  4. Aadhaar & PAN details

    Enter your Aadhaar & PAN number. Click on ‘Next’.

  5. Accept the terms and conditions

    In this step, you are accepting that you haven’t opened a Aadhaar based OTP account with any other bank.

  6. Add Aadhaar OTP

    Key in the OTP sent to your Aadhaar registered mobile number. Click on Continue.

  7. Aadhaar address

    Your Aadhaar address will be fetched from the UIDAI database.

  8. Add your personal details

    Add your personal details such as occupation, father’s name, gender, annual income etc.

  9. Add nominee details

    Include nominee details. It is better to add nominee details so that your family doesn’t have any problem after your demise. You can also skip the part.

  10. Review your details

    Check your profile details, address and nominee details.

  11. Give declaration

    Tick the boxes. You can choose to receive updates on Whatsapp.

  12. Choose meeting address

    You can select any Kotak Mahindra Branch, your Aadhaar address or a new meeting place.

  13. Check credit score

    If you don’t know your credit score, you can check your credit score for free.

  14. Set your passwords

    Set your net banking password and 6-digit mobile Banking PIN(MPIN). Confirm password and PIN. You will be prompted to use the same PIN for your virtual debit card. Click Yes if you want to use the same.

Features of Kotak 811 digital savings account

Instant Account Opening

Unlike in traditional banking, you don’t need to physically go to the bank anymore to open a bank account. With Kotak 811, you can open a bank account in the comfort of your house. You can do so through your smartphone by downloading the app, or through the website by opening a browser on your laptop.

Documents Required

When you open your Kotak 811, you just need to submit your scanned PAN Card and your Aadhaar Card.  Submitting the documents only take a few minutes and you can do that from the comfort of your home.

No Minimum Balance Requirement

Most banks charge a fine if you fail to maintain a minimum balance in your savings account by the end of a month or a quarter. This can be tedious and burdensome for customers to keep a track. Luckily with Kotak 811, there is no such requirement.

Read: A to Z of Minimum Average Balance

Interest Rates Offered

Kotak 811 offers an attractive interest among the different bank accounts. It gives interest rate of up to 4% on their savings account deposits


The Kotak 811 account is highly secure and customers have little to no reason to worry about their deposits. The 811 account has a two-factor authentication process and uses a HTTPS Protocol. This ensures that virtual hacking becomes next to impossible and that the transactions occur seamlessly.

ActivMoney Auto Sweep Facility

The ActivMoney facility enables you to earn a higher interest rate by setting a sweep-in and sweep-out limit on your savings bank account, and converting the excess funds into a Fixed Deposit (FD).

A great deal of flexibility and liquidity is offered to the customer as funds can be added back to the savings account if the balance in your savings account drops below a certain point.

Instant Banking Solutions

You are offered various additional services with Kotak 811. You can open an Investment Account, Fixed Deposit (FD) or Recurring Deposit (RD) with a single touch using the Kotak 811 App on your smartphone. 

Virtual Debit Card

Gone are the days of plastic debit cards. Kotak 811 offers you a virtual Debit Card, which can be used via your mobile phones. This reduces the task of carrying a physical debit card, and streamlines all services, which can all be accessed through your mobile phones.

Scan and Pay

You don’t need to cash or cards to make payments anymore. With the digital economy amassing ground all through the country, with Kotak 811’s Scan and Pay feature, you can effortlessly make payments for shopping, groceries, entertainment and a lot more.

Deals on Shopping and Entertainment

You don’t need to download various different apps or carry coupons to book tickets or get great deals anymore. It is because Kotak 811 offers it all. With the Kaymall section on the app, you can book PVR tickets, shop on Flipkart, book flights, read magazines among several other things.

Basic Requirement for Account Opening

The very basic requirements for opening a Kotak 811 Account is that you need to be above 18 years of age, and be a Resident of India. In addition to this, to access some of the features listed above, you need to complete the full KYC (Know Your Customer) process.

With these reasons, we’re sure you have made your mind to open a Kotak 811 account. It is modern and simple way to bank. It saves a lot of time and effort which originally existed in traditional banking. All in all, Kotak 811 is one of the best online savings account and you can avail all the benefits by opening a 811 account.

Frequently Asked Questions on Kotak 811

What is Kotak 811?

Kotak 811 is an online savings account that you can open instantly through the bank’s website or by downloading the Kotak Mobile Banking App.
You can open the Kotak 811 with your PAN card and Aadhaar card. You need to be above 18 years of age and should be a tax paying Indian resident.

How can I login on Kotak 811?

You can login on Kotak 811 by entering your CRN and the MPIN that you choose during the account opening process.

What are the features and benefits of Kotak 811?

Here are the main features and benefits of your Kotak 811 account:

Instantly open account online
Zero balance account
Earn up to 4.5% interest p.a.
Free online fund transfer through NEFT or IMPS or RTGS.
Get a free virtual debit card. Apply physical debit card.

Is Kotak 811 a zero balance account?

Yes. Kotak 811 is a zero balance account. However, Kotak 811 Edge is a minimum average balance account and customers need to keep Rs.10,000 as minimum balance.

What are the different types of Kotak 811 account?

Depending on the documents used and the current stage, Kotak 811 account can be divided into four types. Kotak 811 Lite, Kotak 811 Limited KYC Account, Kotak 811 Full KYC Account and Kotak 811 Edge Account are the four types of Kotak 811 Account.

How to apply for Kotak 811 account?

You can apply for Kotak 811 account through the bank’s website or by downloading the app. Click here to open Kotak 811 through the website. If you are using your mobile, click here to download the app.

Will I get a Debit Card with Kotak 811 Account?

After the account is created, you will get a free virtual debit card that you can use it for online shopping and payments. You can find it in your mobile banking app.
You can also apply for a physical debit card that you apply from your mobile banking app. Physical debit card comes with an annual fee of Rs.199 with taxes.

Will I need a PAN to apply for a Kotak 811 account?

Yes. You won’t be able to open Kotak 811 account without PAN card. However, if you have an Aadhaar card, you can get a PAN number instantly.

Can I apply for a Kotak 811 Account without an Aadhaar number?

Yes, you can open an 811 Lite Account by providing your PAN and a few other details. However, there are many restrictions on Lite Account. You can complete the full KYC to remove the restrictions and convert the Lite account to a full-fledged savings account.

How can I deposit money in my Kotak 811 account?

You can deposit money in your Kotak 811 Account through various methods such as Debit Card or Net Banking of another bank, transfer money from another account through NEFT, IMPS or UPI and deposit cash in your nearest bank branch.

What is the interest rate on Kotak 811 and when will it be credited to my account?

You can receive a maximum of 4% interest on your savings account. The interest is calculated on a daily closing balance and is credited to your bank account on a quarterly basis.

What is Kotak 811 Lite Account?

Kotak 811 Lite Account is created for you if you don’t have your Aadhaar number or your Aadhaar registered mobile number.

Can I convert my other existing Kotak savings account to an 811 account?

Kotak 811 is available for new customers who don’t have any prior relationship with the bank. So, you can’t convert your existing savings account to Kotak 811 Account.

What does 811 in Kotak 811 mean?

The account is named after the Indian government’s demonetisation move that was introduced on 8th November 2016 (8/11).

I am not able to download the mobile banking app. What should I do?

If you are not able to download the bank app, check your internet connection and your device’s compatibility. You can also open the account through the website.

Recently, I closed a regular savings account with Kotak Bank. Can I open a Kotak 811 account?

You cannot open a Kotak 811 account after closing a regular Kotak savings account as Kotak 811 is meant for new-to-bank customers.

I am a student. Can I open a Kotak 811 Account?

If you are an Indian resident, above 18 years and hold a PAN card, you can open a Kotak 811 account.

Are there any charges for maintaining minimum balance in Kotak 811?

There is no charge for maintaining minimum balance in Kotak 811 as it is zero balance account.
However, Kotak 811 Edge, a variant of Kotak 811, has a minimum average balance of Rs.10,000 and you will be charged a penalty if you are not able to maintain a minimum average balance.

How can I deactivate my Kotak 811 account?

You can visit the nearest Kotak Mahindra Bank branch to close your Kotak 811 Account. You don’t be able to open Kotak 811 after closing the account.


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