Whoever said wishes don’t come true hasn’t explored our offers!

Kotak Edge Savings Account

Kotak Edge savings account is specially designed to offer you the maximum banking benefits while keeping the account straightforward. Account holders enjoy access to all domestic ATMs and other premium banking services. If you are looking to carry out the necessary banking transactions without any hassles and for an uncomplicated savings account, Kotak Edge Savings account is the right choice!

Highlights of Kotak Edge Savings Account

Bank Kotak Bank
Category Kotak Edge Savings Account
Minimum Balance Requirement Average Monthly Balance of Rs.10,000
Interest Rate Up to 6% on savings account balance
Debit Card Classic Debit Card

Kotak Edge Account Eligibility & Documentation

Eligibility Any resident Individual, foreign national residing in India or Hindu Undivided Family (HUF) can open Kotak Mahindra Edge Savings Account.

KYC Documents - ID proof and address proof documents and signature proof.

For ID and address proof, you can submit any of passport, Voter ID, PAN card, ration card and other valid photo identity issued by a government organization. For signature proof, customers can submit any valid documents bearing the signature like Passport and PAN Card.

Services Offered With Kotak Edge Savings Account

Debit Card Classic Debit Card
Enhanced Limit for debit card ATM withdrawal limit of Rs.50,000 and purchase limit of Rs.1.5 lakh per day
Add-On Card Free Classic Debit Card
Net Banking Free
Mobile Banking Free
Cash Withdrawals Free at Kotak Bank ATMs
Kotak ActivMoney This facility will convert savings account balance over a certain threshold into term deposits at higher interest rates.
Phone Banking Free

Fees and Charges for Kotak Edge Savings Account

Average Monthly Balance Rs.10,000
NEFT charges Free if done online. Standard charges if done through the bank branch.
Local clearing cheque Free
Cash deposit at home and non-home locations Free up to 5 transactions per month or free up to a limit of Rs.7.5 lakh per month
At-par cheque book charges Free up to 25 leaf per quarter
Cheque deposited and returned -
Debit card issuance charge Free
Cash withdrawal at own ATMs Free
Cash withdrawal at other bank domestic ATMs 5 Free transactions per month
Standing instruction set-up -
Monthly non-maintenance charges If AMB > 50% but less than required AMB, Rs.350 will be charged. For AMB < 50%, Rs.450 will be charged.
Regeneration of ATM/Net Banking Pin -

GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

This Page is BLOCKED as it is using Iframes.