Whoever said wishes don’t come true hasn’t explored our offers!
  • Kotak Sanman Savings Account

    Kotak Mahindra Bank Savings Account

    The following individuals are eligible to apply for a Kotak Sanman Savings Account –

    • Indian Residents – both sole or joint accounts are applicable
    • HUF or Hindu Undivided Families
    Bank Kotak Mahindra
    Category Kotak Sanman Savings Account
    Average Quarterly Balance (AQB) Rs. 2000
    Interest Rate Up to 6% on your savings account balance
    Card Offered Classic Debit Card – Free for the first year

    Services Offered with Kotak Sanman Savings Account

    Phone Banking Yes
    Net Banking Yes
    Mobile Banking Yes
    Home Banking Yes. Free up to 10 calls every month
    Cash Withdrawals Unlimited cash withdrawals at any domestic ATMs
    Demand Drafts Unlimited and free at all Kotak Bank locations
    Multi City Cheque Books Free – on par cheque books
    IMPS Free
    NEFT Free for Net Banking

    Features of Kotak Sanman Savings Account

    Simple Account Monitoring Via daily/weekly/monthly/quarterly statements - Physical/ E-mail statements
    Daily Purchase Limit Rs. 1,50,000
    Cash Deposit – Home Location Upto 5 transactions each month or Rs 7.5 lakh for FREE
    Cash Withdrawal - Home Location Free
    Cash Withdrawal/ Deposit – Non Home Location Upto 5 transactions each month or Rs 3 lakh for FREE
    Cheque Book Free – at-par cheque up to 15 leaves per quarter
    Rewards Kotak ActivMoney – convert your savings account balance into Term Deposits to earn higher interest rates (conversion only up to a certain amount)
    Extras For up to 5 transactions each month, receive free access to all domestic VISA ATMs

    Fees and Charges for Kotak Sanman Savings Account

    Classic Debit Card Issuance Charge Free
    Classic Debit Card Annual Charge First year – Free. After that Rs. 150
    Cash Withdrawal Limit Rs. 50,000
    NEFT per transaction
    • Through Net Baking – Free
    • Through Bank Branch –
    1. Up to Rs. 10,000 – Rs. 2.50
    2. Rs. 10001 – 100000 – Rs. 5
    3. Rs. 100001 – 200000 – Rs. 15
    4. Above 200000 – Rs. 25
    Cash Withdrawal/ Balance Enquiry – Own ATM Free
    Cash Withdrawal – Other Domestic ATMs Free for first 5 transactions. After that - Rs. 17.80 per transaction
    Balance Enquiry – Other Domestic ATMs Free for first 5 transactions. After that - Rs. 8.50 per transaction
    Cash Withdrawal – International ATMs Rs. 150
    Balance Enquiry – International ATMs Rs. 25
    Balance/Interest Statement for the Current Year Free
    Balance/Interest Statement for the Previous Year Rs. 100
    Photo Attestation / Address Verification Rs. 50 each
    Signature Verification Rs. 25
    Quarterly Physical Account Statement Free
    Daily Account Statement – Physical Rs. 500 per month
    Weekly Account Statement – Physical Rs. 100 per month
    Pass Book Free
    Duplicate Pass Book Rs. 250
    DD/BC/PO Revalidation and Cancellation Rs. 100
    Replacement of Damaged Debit Card Free
    Replacement of Lost Debit Card Rs. 200
    Account Closure – when closed after 1 month and before 6 months of account opening Rs. 600
    If account is Inactive for more than a year Rs. 25 per quarter
    Activation on Inactive Account Free

    Note: For Terms and Conditions on the aforementioned fees and charges, please contact the bank.


    Compare Multiple Savings Accounts. Apply Online and Get e-Approved instantly

    reTH65gcmBgCJ7k - pingdom check string.
    reTH65gcmBgCJ7k - pingdom check string.
    This Page is BLOCKED as it is using Iframes.