How to Open Kotak 811 Saving Account on Phone in just 5 minutes

Kotak 811 Saving Account - Just imagine, how will it be if you open your bank account in just 5-minutes while sitting on your mobile, yes you will also get the account number and you can also access your account online.

Kotak Mahindra Bank has launched the country's first Digital Bank Account (Kotak 811) which is completely based on the Internet.

You can open Kotak 811 saving account on your mobile sitting at home, in which only Aadhar card number and PAN card number will be required.

How to open Kotak 811 Saving Account on Phone in just 5 minutes

 

What is Kotak 811 Saving Account?

Kotak 811 Saving Account is the account of Kotak Mahindra Bank which you can open sitting at home without visiting the branch. You can open 811 Saving Account with the help of your mobile and internet. For this, you do not even need much document and this account gets activated immediately.

Documents required for open Kotak 811 Savings Account :-

• Aadhar Card
• Pan card
• Mobile number
• Smart Phone

Today I will tell you step by step how you can also open your Kotak 811 saving account online in just 5 minutes.

Features of Kotak 811

Kotak 811 is a digital account in a way, which you can access on Kotak bank mobile application, it is also like a normal saving account.

In Kotak 811 account you get the following facilities:-

•     6% Interest rate
•     Account can be opened in zero balance.
•     You will be given a Virtual Debit card which can be used online.
•     You can also apply for Physical Card.
•     You will also get the facility of Net banking, mobile banking

So let's open our Kotak 811 saving account online 

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Open Kotak 811 Saving Account Online

Let me tell you that if you need only Aadhar card number and PAN card number, then keep them together.

1. First of all you have to open Kotak 811 Website on your phone, it is the official mobile banking website  of Kotak bank.

                                                  Click Here -  Kotak 811 Website

2. After open it, on the first screen you have to tap on Get Started now.

3. Now in the next screen you have to type your Full Name & Mobile number.

4. In the next screen you have to enter OTP which will have come on your mobile number. Proceed by typing OTP.

5. Now you have to type your 12-digit Aadhaar Number, proceed to type.

6. Select your Gender in the next screen and type your Date of Birth.

7. Now you have to type your address, proceed by typing the address correctly.

8. Now you have to give your PAN number, occupation, annual income information in the next screen. After adding all the details, proceed by tapping on continue.

9. Now proceed by typing Marital Status, Mother name, Father name and your Email Address.

10. Now in the next screen you have to set MPIN which will be used to login to Kotak Bank Mobile Application.

Take your 811 account has been opened, you can see your account number, CRN number, IFSC code in the next screen.


    Here you can also deposit money online in your account, enter the amount and tap on Make payment now, or you can also leave.

After the account is opened, now you can view your account online by login to Kotak bank application and can do many things like fund transfer, recharges.

So in this way you can open Kotak 811 account within just 5 minutes.

 

See This Video :- 

        

Kotak 811 Limitation

Because you have completely opened this account online, so it also has some limitations.

• You can deposit only Rs.20,000 Monthly.

If you want, you can upgrade your account and remove this limitation.

• Complete KYC within 1 year
• To remove the limitation of your 811 account, you have to go to the bank and do full KYC from Aadhar card e-KYC there. After doing full KYC, all your limitation will be over and you can deposit any amount.
• You must do full KYC within 1 year, otherwise your account will be closed.

FAQ (Frequently Asked Questions)

Q.1: What to do after 811 account is opened?

Answer: After account is opened just login to Kotak Mobile Banking application and you can do many things like fund transfer, recharges, book tickets.

Q. 2: How to deposit money in the account?

Answer: You can deposit money through online payment gateway or by visiting nearest branch.

Q.3: How much money can I deposit?

Answer: Unless you do full KYC, you can deposit only 20,000 monthly and keep only 1 lakh in the account. To remove this limitation, you can go to the bank and do full KYC.

Q.4: How to do Full KYC to your Account?

Answer: You have to go to your nearest Kotak bank, there your verification will be done through Aadhaar card. If you want, you can call the bank person at home by calling 1860 266 2666 and can do this work.

Q.5: What is Virtual Card and how to use it?

Answer: This is not a physical card. You can see this card in mobile banking application. You can use it online as well as in the form of Scan and Pay at shops.

Q.6: Can I take a physical card?

Answer: Yes, you can apply for physical card also. Whose Charges is Rs.299/year.

Q.7: Will I get a check book?

Answer: As far as I know you are not given check book in this because it is a digital account in which you can do all the work online.

 

Conclusion 

In today's post, We talk about how to open Kotak 811 Saving Account on phone in just 5 minutes.

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