Kotak 811 is a mobile-first, zero-balance savings account launched after demonetization to push cashless banking. It comes in four variants—Lite, Limited KYC, Full KYC, and EDGE—with interest up to 4.00% p.a. Most variants don’t need a minimum balance, while EDGE requires Rs 10,000 AMB. Accounts are single-holder only, with features like cheque books and unlimited transactions depending on the plan.
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