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What is the limit of Kotak 811 full KYC account?

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What is the limit of Kotak 811 full KYC account?

Rs. 1 Lakh
In case you have opened an 811 account by verifying your Aadhaar through an OTP from UIDAI, then the maximum amount you can have in this account at any given point of time is Rs. 1 Lakh. You can have a cumulative credit of maximum of Rs. 2 Lakhs in this account in a Financial Year.

Can I deposit Cheque in Kotak 811 full KYC account?

Customer won’t be allowed to transfer funds before the account is converted to Full KYC account. No cheque book will be issued and cheque deposit will not be allowed to customers.

How much I can deposit cash in Kotak Bank?

Fees & Charges

General Schedule of Features & Charges (GSFC)
Cash Deposit & Withdrawal:
Cash Deposits At Home Branch & non Home Branch Location Rs. 3.5/1000 Min 50 per txn
Cash Withdrawal For Non – home Branch Location Rs. 2/1000 Min 50 per txn
Automated Teller Machine (ATM): Kotak ATM Txn – Nil Charges
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How much we can transfer in Kotak 811 account?

Customer can transfer a maximum amount of 1,00,000 through online transfers. Customer won’t be allowed to transfer funds through branch before the account is converted to Full KYC account. No cheque book will be issued.

How can I deposit money in Kotak 811?

You can deposit money using your Debit Card or Net Banking of another bank. You can transfer money from another account through NEFT,IMPS or UPI* You can visit your nearest Kotak Mahindra Bank branch to deposit cash. To know different ways to deposit money in 811 Account, go to www.kotak.com/811WelcomeKit.

What is the withdrawal limit for Kotak 811 debit card?

Rs. 10000 per transaction
##Cash withdrawal limit from other Domestic ATM is Rs. 10000 per transaction. #+ Top 6 Cities. Transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad ATMs.

Can we deposit cash in Kotak 811?

Following are the ways in which you can deposit money into your Kotak 811 account: You can deposit money using your Debit Card or Net Banking of another bank. You can transfer money from another account through NEFT,IMPS or UPI* You can visit your nearest Kotak Mahindra Bank branch to deposit cash.

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How much amount we can transfer in a day?

1) Payment Gateway transaction limit is up to 10 lakh per day / per transaction. 2) Own account fund transfer — No limit (up to the available balance in debit account). 3) IMPS to registered beneficiary – up to Rs 2 Lakh per day/per transaction.

How much money can be deposited in a savings account in India?

1] Savings/Current account: For an individual, the cash deposit limit in savings account is ₹1 lakh. If a savings account holder deposits more than ₹1 lakh in one’s savings account, then the income tax department may send income tax notice.

Is Kotak 811 account good?

Out of the 4 variants, you should at least open Kotak 811 Limited KYC savings account to earn 4\% interest, use the virtual debit card for online transactions and enjoy zero account balance facility. Kotak 811 Lite account should be the last option, only if you do not have an Aadhaar linked mobile for account opening.

How can I increase my transaction limit in Kotak Mahindra Bank?

6) You can transfer a maximum on Rs. 50,000 in a day without adding beneficiary. Please note, if you have installed Kotak Mobile App on a new device OR reinstalled on existing device OR you have added a secondary CRN on your existing Kotak Mobile App, your one time transfer limit will be Rs. 5,000 for seven days.

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What is the maximum amount I can deposit in Kotak 811 online?

In Kotak 811 Full KYC account, there is no upper limit on deposits through the online modes. However, one can deposit cash once or up to Rs.10,000 in a bank branch without any charges. Many times I’ve read their terms and conditons.

What are the charges for cheque leaves in Kotak Bank?

For 811 Select customers: Nil Charges for 5 Cheque leaves per Qtr Thereafter chargeable @ Rs. 3 per cheque leaf (available on request) (Min 25 leaves in one cheque book when requested via Kotak Mobile Banking App)

How to get a physical debit card in Kotak mobile banking?

You can request a physical Debit Card from the 811 widget in your Kotak Mobile Banking app. Just login into the Kotak Mobile Banking App and navigate to 811 section -> virtual debit card -> Get one now.

What are the transaction charges for 811 select customers?

For 811 Select customers: Nil Charges upto 4 transactions or 1 lac / month , whichever is earlier. Post these limits, charged at Rs 4.5 / 1000 (Minimum Rs 150) Debit Card / ATM Charges (Virtual Debit Card)