Average Quarterly Balance of Rs. 1,00,000
Bank account that is tailor-made for all your business banking needs
Unlock infinite opportunities and boost your sales by collecting payments on the go
Make your phone your cash counter. Receive payments using QR, Tap on Phone, SMS Pay and more
Meet your growing business requirements with Overdraft facility
^^ Annual Charges waived for the first year
** Refer the General Schedule of Features and Charges (GSFC) to know the Home Banking charges applicable as per your account type
*** Up to 300 cheque leaves free per month (standard charges apply thereafter)
# Terms & Conditions apply. Credit at sole discretion of Kotak Mahindra Bank Ltd and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.
^ ActivMoney (Auto Sweep) is a facility of automatically sweeping out funds above a pre-specified threshold from your Current/Savings Account to a Term Deposit (TD) Account for 180 days. In case of insufficient balance in Current/Savings Account, the TD will be broken prematurely and the required amount will be transferred to Current/Savings Account. Default Sweep Out and Sweep In for limit for an account variant are the minimum thresholds and one will not be able to opt for limits lower than these. Auto-Sweep out of funds above a pre-specified threshold from Savings to Fixed Deposit will be for 180 days (For NRE accounts it will be for 1 year) and in multiples of Rs. 10,000/- The nomination registered for Saving Account/Current Account will apply for FDs created through ActivMoney. If customer opts for ActivMoney in an account, standalone Fixed Deposits cannot be linked to that account. Terms and Conditions guiding the fixed deposit will be applicable to fixed deposits booked under ActivMoney. Bank may at its absolute discretion discontinue/suspend any of the services completely or partially with or without any notice to me.
Copyright Kotak Mahindra Bank Ltd.
* MDR on UPI is applicable as defined by RBI guidelines, Dynamic QR is available on activation, Collect contactless card payment up to Rs. 5,000 without PIN
^ Will be offered by the external vendor and not by the bank
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