Quick Answer: What Is The Maximum Limit Of Kotak 811 Account?

Is Kotak Bank Safe 2020?

Kotak Mahindra Bank joins larger peers like HDFC Bank which also recorded a 24% increase in deposits aggregating to Rs 11.46 lakh crore at the end of March 2020.

“Your money is safe, the Indian banking system is safe and sound,” he had appealed on March 26..

Why my Kotak 811 account is frozen?

Bank authorities can freeze your account during the KYC verification process of Kotak 811. It can be due to name or signature mismatch. If your account is frozen due to signature mismatch, you can resubmit your documents with a duly filled MITC copy with self-attested Pan card copy to your home branch.

Can we deposit cash in Kotak 811 account?

Following are the ways in which you can deposit money into your Kotak 811 account: You can deposit money using your Debit Card or Net Banking of another bank. You can transfer money from another account through NEFT,IMPS or UPI* You can visit your nearest Kotak Mahindra Bank branch to deposit cash.

How do I add money to my 811 account?

You can deposit money into your 811 account through the following methods:Cash deposit at the nearest Kotak Mahindra Bank branch.Net Banking.Payment gateway using your debit card.Transfer funds from another account via NEFT or IMPS.

How do I unfreeze my Kotak account?

In order to unfreeze the debit freeze on one’s account, the account holder must forthwith furnish PAN/Form 60 (as applicable) to the bank. Banks also provide an online method to carry out this procedure. The account holder can log in to the Netbanking portal of the bank and click on the “Update PAN” section.

What is the limit of Kotak 811 account?

Rs. 1 LakhIn case you have opened 811 by verifying your Aadhaar through an OTP from UIDAI, then the maximum amount you can have in this account at any given point of time is Rs. 1 Lakh. You can have a cumulative credit of maximum of Rs. 2 Lakhs in this account in a Financial Year.

Is Kotak 811 account good?

The process was seamless and you need only your PAN card and Aadhaar card to open the savings account. … You get instant access to a virtual debit card on your 811 account opening. You can deposit money online and use the card immediately.

Can I get passbook for Kotak 811?

Also, Kotak 811 online account holder doesn’t get a passbook facility. All such customers can apply for Kotak bank passbook request online sitting from your home.

How do I transfer money to my 811 account?

You can deposit money into your 811 account via a payment gateway using your Debit Card or Net Banking or just do funds transfer from your another account through NEFT or IMPS. You can also do a cash deposit in this account by visiting the nearest Kotak Mahindra Bank branch.

How much I can withdraw from Kotak ATM?

Daily Transaction Limits within India and abroad: ATM Withdrawal: Domestic Rs. 40,000 | International: Rs. 50,000.

How can I unblock my Kotak 811 account?

To unblock the service, please call 24×7 Customer Contact Centre number at 1860 266 2666 or visit our nearest Bank branch.

How can I close my Kotak 811 account?

To close Kotak 811 account, you need to visit the nearest Kotak Mahindra Bank. Make sure to carry original ID Proof, Aadhaar Card, and PAN Card as well as a photocopy of the documents. Request the bank official for an Account Closure form. Fill up the form and submit it with the photocopy of the documents.