<p style="text-align: justify;"><span style="font-weight: 400;">Was there any bank offering account opening facility through mobile before Kotak Bank? As far as I know, none of the banks in India had this option. Kotak became the first ever bank to give us the option to open a bank account through Kotak 811 app. </span></p>
<p style="text-align: justify;"><span style="font-weight: 400;">The app has many attractive features which are discussed in this article. You may also read different types of accounts available under this account. </span></p>
<h3 style="text-align: justify;"><b>Key Features of Kotak 811 Account</b></h3>
<p style="text-align: justify;"><span style="font-weight: 400;">There are 3 types of </span><b>Kotak 811</b><span style="font-weight: 400;"> account and the features of each the types are as follows:</span></p>
<h3 style="text-align: justify;"><b>811 Savings Account</b></h3>
<ul style="text-align: justify;">
<li style="font-weight: 400;"><span style="font-weight: 400;">India’s First downloadable account</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Zero balance account</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Instant Savings account with Aadhaar Card details</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Earn interest rate up to 6% per annum</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Virtual Debit card facility </span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Free IMPS/NEFT using Net Banking and Mobile Banking</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Book movie tickets, flight tickets and shop online with Kotak 811 App</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Pay for in-store purchase using Scan &; Pay feature</span></li>
</ul>
<h3 style="text-align: justify;"><b>811 Lite Savings Account</b></h3>
<ul style="text-align: justify;">
<li style="font-weight: 400;"><span style="font-weight: 400;">Transact for up to </span><span style="font-weight: 400;">â¹</span><span style="font-weight: 400;">20,000 per month</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Comes with the validity period of 36 months from the date of savings account activation</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Complete full KYC within 36 months of account activation and upgrade your savings account to 811 Savings Account</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Shop, book movie and flight tickets without downloading other apps</span></li>
</ul>
<h3 style="text-align: justify;"><b>811 OTP Savings Account</b></h3>
<ul style="text-align: justify;">
<li style="font-weight: 400;"><span style="font-weight: 400;">Interest up to 6% per annum</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Zero balance savings account</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Instant savings account opening with Aadhaar Card details</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Online shopping with the Virtual debit card</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Pay for in-store purchase using Scan &; Pay</span></li>
</ul>
<h3 style="text-align: justify;"><b>Features and Benefits of Kotak 811 Plan</b></h3>
<p style="text-align: justify;"><span style="font-weight: 400;">Here is the detailed description of Kotak 811 App:</span></p>
<p style="text-align: justify;"><b>Zero Balance Account</b><span style="font-weight: 400;">&#8211; Open a zero balance account the app and earn an interest rate of 5-6% per annum on your savings with the balance over </span><span style="font-weight: 400;">â¹1 lakh and up to â¹5 crores. </span></p>
<p style="text-align: justify;"><b>Scan and Pay</b><span style="font-weight: 400;">&#8211; Pay for groceries, shopping, tickets, movies and other requirements without cash by just scanning your debit or credit card. </span></p>
<p style="text-align: justify;"><b>Multi-Purpose App- </b><span style="font-weight: 400;">Book movie tickets, flight tickets, shop, subscribe to magazines etc. </span></p>
<p style="text-align: justify;"><b>Virtual Debit Card Accessibility- </b><span style="font-weight: 400;">You can pay bills or recharge or any other online payments in just a few minutes. </span></p>
<p style="text-align: justify;"><b>Get Loans and Make Investments- </b><span style="font-weight: 400;">You can also apply for a loan from this app and make investments. </span></p>
<p style="text-align: justify;"><b>Eligibility Required to Open Kotak 811 Account</b></p>
<p style="text-align: justify;"><span style="font-weight: 400;">The eligibility criteria required by Kotak Mahindra Bank for Kotak 811 Account is as follows:</span></p>
<ul style="text-align: justify;">
<li style="font-weight: 400;"><span style="font-weight: 400;">Any individual of age 18 years and above can open this account</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">The applicant must be a Resident Indian</span></li>
</ul>
<p style="text-align: justify;"><b>How to Use Kotak 811 App?</b></p>
<p style="text-align: justify;"><span style="font-weight: 400;">To enjoy the services and products, follow the below steps:</span></p>
<p style="text-align: justify;"><b>Download App</b><span style="font-weight: 400;">&#8211; Download Kotak 811 app from Google play store. </span></p>
<p style="text-align: justify;"><b>Provide Aadhar Number- </b><span style="font-weight: 400;">You need to mention your Aadhar Number. </span></p>
<p style="text-align: justify;"><b>Submit the OTP Pin- </b><span style="font-weight: 400;">Mention the OTP pin for authentication to open the savings account on your mobile.</span></p>
<p style="text-align: justify;"><span style="font-weight: 400;">If you do not have a bank account and have been finding it difficult to choose the best bank, you can compare savings account interest rate online. If </span><b>Kotak 811 accounts</b><span style="font-weight: 400;"> become your choice, you can open this account instantly and enjoy the relevant benefits. With the amazing features, it won’t be wrong to say that this bank account surely became the game changer as many other banks then followed the path. </span></p>

Kotak 811 – Account Types, Features And Interest Rates
