You might have seen Ranveer Singh in a red suit campaigning for Kotak 811 account. You might be wondering is this some expensive and elite stuff that only the creamy layer can afford. Afterall, Kotak has afforded a Simba! Well, my remarks and reviews are coming at the end of this article but first let us go through the features of this account.
| 811 | 811 Edge | |
| Average monthly balance | ₹0/month | ₹10,000/month |
| Debit card type and fees | Classic (₹199 p.a.) | Platinum (₹150 p.a.) |
| Chequebook | Chargeable | Free 25 leaves quarterly |
| Branch Transactions | 1 free transaction of upto Rs 10,000 per month (for both cash deposit & withdrawal** separately) | 4 free transactions upto ₹2lakhs per month |
| Home Banking | Not Available | Available @ ₹150/visit |
| ATM withdrawals | 5 Free monthly (Kotak Bank ATM & Other Domestic Bank ATMs each) | Free & Unlimited (Kotak Bank ATM) 5 Free monthly(Other Domestic Bank ATMs) |
Features:
- No minimum balance charges on non-maintenance of minimum balance.
- Virtual Debit Card instantly for online shopping
- Transfer money online for free and with easy
- Kotak dream different credit card.No Joining & Annual Fee. Get 2X reward points on online spends. Click here for Fee and Charges.
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Reviews:
Similar facilities are available with other banks. A detailed check is required towards the charges of credit cards chosen and the benefits available with other credit cards. Service at Kotak Bank is excellent and they are just a phone call away. But before considering any other options like investment, loans etc you need to do your independent assessment.
