How can I get 6% interest in Kotak Mahindra Bank?

At a time when interest rates on deposits are declining, private sector lender Kotak Mahindra Bank has decided to maintain the interest rate on savings bank account at six per cent for balance above Rs 1 lakh and five per cent for balance less than Rs 1 lakh.15-Apr-2016

What are the benefits of Kotak bank?

No joining and annual fees.
Low interest charges - 2.99% per month.
Interest-free cash withdrawal up to 48 days.
High credit limit of up to Rs 12 lakhs.
Fuel and railway surcharge waiver.
500 bonus reward points on spends of Rs 5000 in the first 45 days.
Rs 750 cashback on annual spends of Rs 75000.

Can I deposit 50000 in Kotak 811?

Transaction limit of INR 5,000 and re-load limit of INR 5,000 per month and 1,20,000 per year will be applicable on your 811 Lite Account as well as your Virtual Prepaid Card. The account doesn't pay interest, and doesn't come with a cheque book. You can deposit money to your account online via a payment gateway.

Is Kotak better than HDFC?

HDFC Bank's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of HDFC Bank. Their current market cap is $151.78B. Kotak Mahindra's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Kotak Mahindra.HDFC Bank vs Kotak Mahindra.

Which bank offers 7% interest on savings account?

Jana Small Finance Banks Jana Small Finance Bank offers interest rates between 4.50% to 7% on various amounts. The interest rates with the are provided below, effective as of November 15, 2022. Interest is based on the day-end balances in the savings account. Interest is paid or credited to savings accounts quarterly.22-Nov-2022

Which is best axis or Kotak?

Axis Bank is most highly rated for Job security and advancement and Kotak Mahindra Bank is most highly rated for Job security and advancement.Overall Rating.

Which is best Icici or Kotak?

ICICI Bank Ltd is most highly rated for Job security and advancement and Kotak Mahindra Bank is most highly rated for Job security and advancement.Overall Rating.

Which Kotak account is best?

Kotak 811 Edge is a savings account that brings you the best of Kotak 811 and Kotak's regular savings accounts. This account requires a minimum balance of Rs. 10,000. Kotak brings a complete digital experience to banking with 811 Edge Savings Account.06-Oct-2022

Which Kotak fund is best?

Kotak Mahindra MF Top Rated Funds

Kotak Tax Saver Fund Direct-Growth.
Kotak Equity Opportunities Fund Direct-Growth.
Kotak India EQ Contra Fund Direct-Growth.
Kotak Focused Equity Fund Direct - Growth.
Kotak Equity Hybrid Fund Direct-Growth.
Kotak Bluechip Fund Direct-Growth.

Can I deposit 5 lakhs Kotak 811?

Features of Kotak811 Limited Full KYC Account: Aggregate of all credit should not exceed 2 Lakh in a year and, Account balance at any point should not exceed 1 Lakh. Customer can transfer a maximum amount of 1,00,000 through online transfers.

What is the UPI limit for Kotak?

5,00,000 using Net Banking, then you can transfer the remaining amount of Rs. 6,00,000 through Mobile Banking. One-time fund transfer will have a combined limit of Rs. 1,00,000 across Net Banking & Mobile Banking.

Does Kotak charge for debit card?

Note: All domestic / international Non Kotak ATM transactions will be chargeable for Easy Pay Debit Card (Rs.Fees and Charges.

Is Kotak a strong bank?

This bank has a very good customer service and i got this credit card offer directly through bank only. 0.5 4.0/5 "Great!" I maintain my savings account with KOTAK bank for more than 2 years.

Which is best salary account?

Top 7 Salary Accounts in India 2022

Which bank chain is best?

Here are the top national banks in 2022: